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$49,500,000$57,500,000$8M price cut

1494 Cypress Drive, Pebble Beach, CA 93953

$57.5M$49.5M$8M below original ask (14%)

1026% above the Pebble Beach median of $4.4M (39 active listings)

36% of Pebble Beach listings have cut their price · half have been listed 77+ days

6beds
8.5baths
11,223sqft
$4411/sqft

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.

Property details

Property type
Single Family
Year built
2003
Listed
353 days ago
MLS #
82017722
Listed by
Canning Properties · Sotheby's International Realty

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Location

Approximate location based on the listing address.

Copyright 2026 MLSListings Inc. Based on information from MLSListings MLS as of 7/29/2026. All data, including 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. MLS Listing #82017722. Listing courtesy of Sotheby's International Realty.