For sale Home

Listed Aug 11, 2025

$45,500,000 Est. $300,941/mo

1494 Cypress Drive

  • 6

    Beds

  • 10

    Baths

  • 11,223

    Sq ft

The story

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

Home type

Home

Year built

2003

Floors

3

Lot size

2 acres

Price per sq ft

$4,054

Parking

3-car garage

Included features

  • Fireplace

    4 fireplaces

  • Heating

    Fireplace, Radiant, Zoned

  • Appliances

    Cooktop - Gas, Double Oven, Oven-Electric, Warmer Oven Drawer

  • Flooring

    Stone, Travertine, Wood

  • Roof

    Slate

  • Lot Information

    Back Yard, Fenced

  • Water Source

    Public

  • Sewer

    Sewer - Public

  • View

    Water, City, Mountain

Mortgage calculator

Estimated monthly payment

$300,941 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $242,170
  • Property tax $45,500
  • Insurance $13,271

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Sotheby's International Realty

Broker Name

Sotheby's International Realty

Agent

Canning Properties

Location

Carmel CA 93923