Do Deals

New Note

Create a note for yourself from this property. Notes allow you to quickly jot down any valuable information you'd like to review later. You can find your notes by clicking on "My Notes" in the profile navigation menu.

3039 Valdez Road

Pebble Beach, California 93953

This is one of the more desireable areas of Pebble Beach just a block off the Monterey Peninsula Country Club Golf Course and withing walking distance of Spanish Bay Inn at Pebble Beach. This is a project that will entail the complete restoration of the former residence. This will be a single level 3 bedroom 2 bath home totaling 2000 square feet of living area plus a 2 car garage. We are in the process of plan approval by the County of Monterey and the Pebble Beach Corporation and expect approval of plans that are included in the list price of $695,000. Homes on this street have sold recently for $612/ft. At $200/ft of construction costs X 2000 sq ft = $400,000. Prices have increased over 5% since recent sales indicating a resale value of the finished home at $1,250,000 to $1,375,000. At list the new owner will have $100,000 to $$175,000 built in equity.

Property Info

Beds 3
Baths 2
Sqft (Living) 2000 sq ft.
Sqft (Lot) 12000 sq ft.
Year Built 1980
Deal Type Retail
Property Type Single Family
ARV $1,400,000
Building Frame Construction

Location