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ActiveUnderContract

OPEN APR 18 · 2PM – 4PM

+38 more

$9,500,000

289 DOM

$1,942/sqft5 bd6 ba4,892 sqft

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3159 Stevenson Dr Pebble Beach, CA 93953

29,621sqft lot

With sweeping views of Spyglass Hills 11th fairway and filtered ocean vistas, the Waterbridge House is an extraordinary Scandinavian-Japanese minimalist estate. This newly constructed compound is comprised of the stunning main house, a private ADU, and a Tea House (Guest House) floating on water. The striking architecture embraces intentional simplicity, blending natural elements with modern form. Two architectural axes, interior and exterior, guide you through spaces that reveal and conceal, including the "Waterbridge," a glazed walkway over a tranquil pond. The sculptural Cloud Steps lead to a light-filled interior where polished concrete floors, Western floor-to-ceiling windows, Italian concealed Infinity doors, and Poliform cabinetry define quiet luxury. Sustainability meets sophistication with triple-glazed windows, radiant heat, and an automated energy recovery system. From Sub-Zero, Wolf, and Miele appliances to Italian Flos lighting and Simply White plaster walls, every detail reflects enduring craftsmanship and environmental mindfulness. Located in the heart of Pebble Beach near The Lodge and by the Spyglass Club House, Waterbridge House is a half mile to the beach and a short drive from all the wonderful amenities of Carmel, Big Sur, and the Monterey Peninsula.

MLS ML82011623

(831) 626-2221 (Office) 831-214-1990 (Cell) team@timallenproperties.com

Est. payment

$60,704/mo

Principal & interestTaxesInsurance

$48,037$9,896$2,771

Down %

Rate %

Years

Down payment: $1,900,000 · Total cost: $19,193,381

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$60,704/mo

Principal & interest: $48,037
Est. property tax: $9,896
Est. insurance: $2,771
Down payment: $1,900,000

Est. gross rent$39,583/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-21,121/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Virtual Tour

Explore 3D Space

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Price History

Event	Date	Price	Change
Listed	Jun 19, 2025	$10,900,000	—

Facts & Features

Transaction Data

▼Price Reduced from $10,900,000 (−$1,400,000)

Close DateJul 6, 2026

Structure & Property

Year Built2025

Garage Spaces3

(831) 626-2221 (Office) 831-214-1990 (Cell) team@timallenproperties.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

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3159 Stevenson Drive — Pebble Beach — 5 Beds • 6 Baths • 4,892 Sq Ft | Belmont Brokerage | Belmont Brokerage

3159 Stevenson Dr Pebble Beach, CA 93953

About this home

Tim Allen

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Tim Allen

Sale & Tax History

No Recent Sales History

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

3159 Stevenson Drive, Pebble Beach, CA 93953

About This Property

Property Photos

3159 Stevenson Dr Pebble Beach, CA 93953

About this home

Tim Allen

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Tim Allen

Sale & Tax History

No Recent Sales History

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.