Phase I - The Pebble Beach Lots

“ WELCOME TO PEBBLE BEACH”THE PEBBLE BEACH LOTS

PHASE I OFFERING BOOK

T I M A L L E NP R O P E R T I E S

T I M A L L E N CalBRE#00891159c 831.214.1990

TIMALLENPROPERTIES.COM

A ONCE IN A LIFETIME EXPERIENCE...

Photo Credit: Joann D

ost

ABOUT PEBBLE BEACH COMPANY

Pebble Beach Company, headquartered in Pebble Beach, CA, owns and operates

the world-famous Pebble Beach Resorts, including The Lodge at Pebble Beach,

The Inn at Spanish Bay, and Casa Palmero. The company also operates four world-renowned

golf courses: Pebble Beach Golf Links, Spyglass Hill Golf Course, The Links at Spanish Bay,

and Del Monte Golf Course. Its other famed properties include scenic 17-Mile Drive and

The Spa at Pebble Beach, and it annually hosts premier events such as the

Pebble Beach Concours d’Elegance, AT&T Pebble Beach National

Pro-Am, Callaway Pebble Beach Invitational, Pebble Beach Food & Wine, and

Nature Valley First Tee Open at Pebble Beach. Site of the 2019 U.S. Open,

Pebble Beach Golf Links has hosted five U.S. Opens, four U.S. Amateurs, two U.S.

Women’s Amateurs, one PGA Championship, and numerous other tournaments.

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Pebble Beach, with miles of pristine coastline, hundreds of acres of protected forest,

and world class golf, dining, and accommodations, is an arrival point, a playground, a

retirement opportunity, the perfect second home location, the ultimate lifestyle. Which of

these is the real Pebble Beach for you? Pebble Beach was founded almost a century ago

with a single, overriding purpose: to create a world renowned residential community and

resort destination for generations to enjoy. Known as a mecca of golf, natural beauty, and

luxury, Pebble Beach is at the very heart of the Monterey Peninsula. Offering residential

living at the highest level, Pebble Beach Company is now embarking on the final phase of

the grand concept begun back in 1919 by its founder, Samuel F.B. Morse. After decades

of planning, the last chapter in Pebble Beach Company’s land development efforts is

about to begin. Ninety new building parcels of varying sizes, locations, view opportunities,

and topographies will be coming to market in the next few years. The first phase of this

development project are 32 parcels sited along the completely renovated Poppy Hills Golf

Course. Originally designed and now restored by famed architect Robert Trent Jones Jr.,

the 26 year old course underwent a $10 million restoration that was completed in March

2014. Each of the 32 estate lots around Poppy Hills is over one acre and feature beautiful

golf course and Del Monte Forest views. Each lot has received at least a 0.8 acre foot water

credit from the Company’s water entitlement. These parcels are divided into two areas,

Poppy 1 and Poppy 2, with 16 lots in each area.

“ WELCOME TO PEBBLE BEACH ”T H E P E B B L E B E A C H L O T S - P H A S E I

“Pebble Beach Company is proud to announce the beginning of its residential lot program. What better way to begin than by offering 32, one-plus acre, estate lots along the fairways

of the newly renovated Poppy Hills Golf Course.”

Bill Perocchi, CEO Pebble Beach Company

Nestled amidst the Monterey pines of Del Monte Forest on the Monterey Peninsula, Poppy Hills Golf Course first opened for play in 1986, and is the home of the Northern California Golf Association (NCGA). It was the first golf course in the United States to be owned and operated by an amateur golf association. In addition to hosting numerous NCGA championships since its opening, Poppy Hills Golf Course co-hosted the AT&T Pebble Beach National Pro-Am with Pebble Beach Golf Links and Spyglass Hill Golf Course from 1991 through 2009. Golf Digest has ranked Poppy Hills Golf Course among the top 20 courses in California, and it is only expected to improve with its recent $10 million restoration.

In the words of its famed architect, Robert Trent Jones, Jr., “A golf course is a work in progress; it ’s really never finished. It is a l iving organism; it is constantly changing. The old Poppy Hil ls has great bones; for the refreshed Poppy Hil ls…we want to keep some of the character. For those people that have golfed at Poppy Hil ls for the past 25 years, they wil l feel familiar with some of the things. Some things wil l be new. The routing, with the exception of 11 and 12, wil l remain the same, but we are softening some of the targets off the tees and trying to keep the shot-making—especially the approach

shots into the greens—as challenging as they ’ve always been. She’l l be familiar to those who have played her before, but she’s got a new dress on and she’s very beautiful.”

From the black tees (tips of the original design) several of the holes have been lengthened sl ightly. Others have been shortened some—most notably the 11th, reduced from a 210-yard par-3, to a tightly bunkered, 133-yard challenge with a long, well-bunkered green; and the 12th hole, which has been refined from an awkward dog-leg par-5 of 531 yards to a beautiful par-4 of 415 yards with an exceptional ocean view from the elevated tee. With these changes, the new Poppy Hil ls Golf Course wil l be a par 71 of 6,646 yards (vs. the old par 72 of 6,863 yards) from the black tees. However, for the long hit ters, there are new gold tees, back of the black tees, that wil l play to 7,069 yards.

The old Poppy Hil ls Golf Course had a slope rating of 74.6/144 and the course record of 62 was set by Matt Gogel during the second round of the 2001 AT&T Pebble Beach National Pro-Am.

P O P P Y H I L L S G O L F C O U R S E

Lot #7

P O P P Y 1PA R C E L S

timal lenproper t ies.com 7

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

SOLDSOLD

A cul -de-sac of 16 one-plus acre lots on the

f ront n ine of Poppy Hi l l s Gol f Course across f rom

the Club House entrance, of fer ing fa i rway and

forested v iews. A l l a re in close prox imit y to The

Lodge at Pebble Beach, The Beach and Tennis

Club and The Spa at Pebble Beach.

POPPY 1

Lot #5

2 0 P O P P Y L A N E

With the 7th green on its doorstep, this lot offers Western sun and premium golf course frontage.

• 1.04 acres• 0.8 ac/ft water allocation• SOLD $985,000

LOT

1


Watch golfers take their approach shots from this lot with views up and down the 16th hole.

• 1.03 acres• 0.8 ac/ft water allocation• SOLD $1,050,000

LOT

2 SOLD

SOLD


This lot offers an entic-ing combination of golf course frontage, views and a feeling of privacy.


LOT


Sitting on the 4th tee box, views from this oversized lot extend down the en-tirety of the 15th hole with peeks of the Pacific.

• 1.30 acres• 1 ac/ft water allocation• SOLD $1,399,500

LOT

4SOLD

SOLD


Lot #5 is arguably the best lot in the subdivision with expansive views, size and golf course frontage.

• 1.32 acres• .8 ac/ft water allocation• SOLD $1,570,000

LOT

5 SOLD

SOLD3 0 P O P P Y L A N E

The Southwestern exposure brightens this lot looking across the 5th and 6th holes with distant ocean view windows to the West.


LOT

6


Thrusting out into the midst of the front nine, Lot #7 provides immense golf course frontage and 180 degree views of golf and far off blue water.

• 1.00 acre• 0.8 ac/ft water allocation• SOLD $1,575,000

LOT


The largest lot in the subdivi-sion also comes with fairway frontage and glimpses of Bird Rock through the trees.

• 1.47 acres• 1 ac/ft water allocation• SOLD $1,400,000LO

T 8

SOLD


Lot #9 is a sloping lot which provides long views over the 13th green to the immediate North, and forested views of the 11th and 12th holes as well.


LOT

9


Near the end of the cul-de-sac, this lot offers privacy as well as wooded views of the nearby 2nd hole and greenside lake to the South.

• 1.04 acres• 0.8 ac/ft water allocation• Offered at $1,100,000LO

T1

0SOLD


The frontage of Lot #11 spans the length of the lake on the 1st hole and offers wide, open views of several holes and Huckleberry Hill.

• 1.01 acres• 0.8 ac/ft water allocation• Offered at $1,200,000

LOT

11


Perched at the top of a slope, this lot sits just off the 1st fair-way looking over the lake to a beautiful golf setting, Huckleberry Hill and sights of Monterey Bay in the distance.

• 1.00 acre• 0.8 ac/ft water allocation• SOLD at $1,125,000

LOT

12SOLD


From your second story on Lot #13, you will enjoy views up and down the sloping 10th hole and peeks of far off Mon-terey Bay to the North.

• 1.08 acres• 0.8 ac/ft water allocation• SOLD $925,000LO

T 1

3


A good drive from the 1st tee box and permit ready for a 3500 sq ft residence.

• 1.03 acres• 0.8 ac/ft water allocation• Re-sale at $975,000LO

T1

4SOLD


Lot #15 is a gently sloping lot with the opportunity for nice, long views of the 10th hole that are even better from the second level.

• 1.03 acres• 0.8 ac/ft water allocation• Offered at $950,000

LOT

15


Find views from this lot look-ing up the 10th hole as golf-ers begin the back nine at the nearby 10th tee box, and just a short stroll to the Clubhouse.

• 1.04 acres• 0.8 ac/ft water allocation• SOLD $860,000

LOT

16SOLD

SOLD

Lot #11

P O P P Y 2PA R C E L S

timal lenproper t ies.com 19

S ix teen one-plus acre lots on the back n ine of

Poppy Hi l l s Gol f Course, of fer ing fa i rway and

forested v iews. A l l a re in close prox imit y to The

Lodge at Pebble Beach, The Beach & Tennis

Club, and The Spa at Pebble Beach.

POPP

Y 2

Lot #14

COMING SOON

COMING SOON

COMING

SOON

SOLD

SOLD

SOLD

SOLD

ESCROW

ESCROW

14 01 V I S C A I N O R OA D

This lot features ideal South-western sun and is just a short drive to The Lodge and Stillwater Cove.

• 0.81 acres• 0.8 ac/ft water allocation• Offered at $685,000

LOT

1


Lot #2 is just off the 12th green & offers panoramic views across the back nine.

• 1.00 acre• 0.8 ac/ft water allocation• Offered at $1,100,000LO

T 2

IN ESCROW

1413 V I S C A I N O R OA D

You can find true 180° views of the back nine from this sunny lot adjacent to 7th tee box.

• 1.00 acre• 0.8 ac/ft water allocation• Offered at $1,300,000

LOT


This lot looks up the 13th fair-way & over to the 14th green all while offering more private golf course frontage.


LOT

4IN ESCROW


Situated along the 13th fair-way, wooded golf course views create a sense of one’s own space as well as offering wide access to the course.


LOT

5


Lot #6 runs along the 13th hole approaching the first dogleg, providing filtered fairway views & a greenbelt buffer from the course.


LOT

6SOLD

SOLD


This flat lot is equipped with private views through the trees of the 13th fair-way with abundant space.

• 1.00 acre• 0.8 ac/ft water allocation• Sold at $1,175,000

LOT


An acre of gently rolling forest creates an oppor-tunity for great privacy & an expansive backyard for this lot along the course.


LOT

8SOLD

SOLD


Lot #9 is an oversized corner lot which offers great design flexibility and golf course entrée approaching the 13th green.


LOT

9

14 5 5 L I S B O N C O U R T

The crown jewel of Poppy 2 is this lot adjacent to the 13th green with premier size, arcing golf course frontage & views down the long 13th hole.

• 1.56 acres• 1 ac/ft water allocation• Offered at $1,700,000

LOT

10

14 61 L I S B O N CO U RT

This substantially sized lot is found on the back-half of the 13th green, and features views through a greenbelt to the 8th green and fairway.

• 1.42 acres• 1 ac/ft water allocation• Offered at $1,400,000

LOT

11


The corner lot in this new sub-division offers great access & distant second-story views to the Southwest.

• 1.03 acres• 0.8 ac/ft water allocation• Offered at $950,000LO

T1

2

3971 R O N DA R OA D

Watch golfers finish out the hole from this lot running up to the 17th green of the brand new Poppy Hills Golf Course.


LOT

13

3 975 R O N DA R OA D

With your feet at green-level, Lot #14 looks over the 17th green to the blue Northern sky beyond the forest.


T1

4 COMINGSOON

3979 R O N DA R OA D

Lot #15 has tremendous, focused views down the 17th hole with abundant sun settling on the upslope.


T1

53 9 8 3 R O N DA R OA D

This lot runs right up to the corner of the 18th tee box with views trailing down the fairway to the North.


T1

6COMINGSOON

COMINGSOON

©2017 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office is Owned by a Subsidiary of NRT LLC. All rights reserved. This information was supplied by Seller and/or other sources. Broker believes this information to be correct but has not verified this information and assumes no legal responsibility for its accuracy. Buyers should investigate these issues to their own satisfaction. Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor sales associates and are not employees of Coldwell Banker Real Estate LLC, Coldwell Banker Residential Brokerage or NRT LLC. CalBRE License # 01908304. Pebble Beach®, Pebble Beach Resorts®, Pebble Beach Golf Links®, The Lodge at Pebble Beach™, The Spa at Pebble Beach™, Pebble Beach Concours d’Elegance®, Pebble BeachSM Food & Wine, The Inn at Spanish Bay™, The Links at Spanish Bay™, Casa Palmero®, Spyglass Hill® Golf Course, Del Monte™ Golf Course, 17-Mile Drive®, The Beach & Tennis Club™, The Lone Cypress™, The Heritage Logo, their respective underlying distinctive images, logos, and golf hole designs are trademarks, service marks, and trade dress of Pebble Beach Company. All rights reserved. ©2017updated: 12 05 15

T I M A L L E N CalBRE#00891159

c 831.214.1990 TIMALLENPROPERTIES.COM

“Pebble Beach Company is proud to announce the beginning of its residential lot program. What better way to begin than by offering 32, one-plus acre, estate lots along the fairways of the newly renovated

Poppy Hills Golf Course.”

Bill Perocchi, CEO Pebble Beach Company

Phase I - The Pebble Beach Lots

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Transcript of Phase I - The Pebble Beach Lots