Skip to main content
Pebble Beach, CA

$49,500,000

1494 Cypress Drive, Pebble Beach, CA
6
Beds
10
Baths
11,223
Sq Ft
2003
Built
322
Days listed

About this home

Presenting one of the most valuable street-to-sea parcels on the West Coast, a trophy asset in every sense, and an extraordinary opportunity to possess one of the most iconic properties in all of Pebble Beach. "Gem Cove" is located on two lots of record on an ocean front parcel of land next to the Lodge, with unobstructed ocean views to the 18th fairway, Stillwater Cove, Carmel Beach, Point Lobos and beyond. Truly a once-in-a-lifetime opening to secure your position in one of the most sought-after areas in the world. Built on a prime 2.24± acre parcel of coveted CA real estate, is this unforgettable European-esque estate is guaranteed to astound, impress and amaze the most astute buyer. From the substantial living room to the chef's kitchen/great room, the expansive primary bedroom suite to the expertly curated grounds, all with big ocean views - you will love living here, entertaining family and hosting guests at this prestigious estate. Located within minutes of world-class golf, Michelin-level dining, and elite networks, this property offers not just lifestyle, but legacy. Whether as a long-term family estate, strategic investment, or a rare coastal retreat, "Gem Cove" presents the kind of opportunity that seldom comes. Don't miss it.

Facts & features

Interior
Bedrooms
6
Bathrooms
7 full, 3 half
Living area
11,223 sq ft
Interior features
Breakfast Bar, Breakfast Area, Utility Room, Wine Cellar
Appliances
Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Trash Compactor, Vented Exhaust Fan, Warming Drawer, Dryer, Washer
Flooring
Stone, Wood
Fireplace
Family Room, Gas Starter, Living Room, Outside, Wood Burning
Heating
Fireplaces, Radiant
Cooling
None
Exterior & lot
Lot size
2.24 acres (97,574 sq ft)
View
Bay, City Lights, Park Greenbelt, Golf Course, Hills, Mountains, Ocean, Trees Woods
Year built
2003
Parking
Guest, Gated, Off Street
Parking spaces
10
Community
Area
699 - Not Defined
County
Monterey
Listing details
Status
Active
Property type
Single Family Residence
Days on market
322
Listed
2025-08-11
Original price
$57,500,000
Parcel #
008455017000
MLS #
ML82017722
Listed by
Canning Properties · Sotheby's International Realty

Location

Price history

Listed
$57,500,000 · 2025-08-11
Price reduced
$49,500,000 (−$8,000,000)
Days on market
322
Current price
$49,500,000
Financing

Could this home be yours?

Estimated monthly payment
$310,524
$250,299 principal & interest · $60,225 taxes & insurance
$9,900,000
Estimate only
Loan $39,600,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

Qualify for this home

Get pre-qualified with Your Agent and see your real rate and payment — no obligation.

Own a home?

What's your home worth?

Estimated value range nearby
$49,871,738$58,545,084

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

Get a free home valuation

Thinking of selling? Your Agent will prepare an accurate, no-obligation valuation and selling consultation.

Similar homes in Pebble Beach

See all homes in Pebble Beach

Listing data provided by CRMLS

Listing courtesy of Sotheby's International Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

Thinking about a move? Your Agent can help — get tailored listings & honest advice.