Home for Sale at 1519 Riata RD, PEBBLE BEACH, CA 93953

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1519 Riata Rd
Pebble Beach, CA 93953

Monterey Peninsula Home Team with KW Coastal Estates, original listing - (831) 622-6200

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Property Details

List Price:	$19,995,000
Beds:	5
Baths:	Full: 5, ½: 3
Status:	Active
SqFt:	8087 Square Feet
Agency:	KW Coastal Estates
Agency Phone:	(831) 622-6200

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Description/Comments

Lot Size:	1 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	2008
Notes:	Perched on a gated one-acre parcel near The Lodge at Pebble Beach, this exceptional ocean-view estate offers a lifestyle defined by coastal beauty, privacy, and proximity to world-class amenities. Sweeping vistas span Point Lobos, Stillwater Cove, Carmel Bay, Carmel Beach, and Pebble Beach Golf Links, with dynamic white-water views and waves crashing along the shoreline visible from most rooms, each offering its own distinct perspective of the coastline and surrounding landscape. The apx 8,087 sq ft residence features a main level with soaring open-beam ceilings, stone floors, multiple fireplaces, and an expansive open-concept design ideal for both relaxed coastal living and elegant entertaining. A gourmet kitchen with custom cabinetry, dual refrigerators, dedicated freezer, and butler's pantry supports effortless hosting. The ocean-view primary suite offers a spa-like bath and tranquil retreat. The lower level includes a family room with wine bar and cellar, theater, fitness room, and four guest suites. Elevator access, two garages accommodating four cars, lush landscaped grounds, and close proximity to beaches, golf, dining, and Carmel-by-the-Sea complete this rare Pebble Beach offering.
MlsNumber:	--
ListingId:	ML82034121

Listing Provided By:	KW Coastal Estates, original listing
Phone:	(831) 917-8190
Office Phone:	(831) 622-6200
Agent Name:	Monterey Peninsula Home Team
Disclaimer:	Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

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Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.