Homes, condos and land for sale and rent in Pebble Beach, CA

In 1999 the Pebble Beach Company was acquired from Lone Cypress by an investor group led by Clint Eastwood, Arnold Palmer, and Peter Ueberroth. In 2000, the company initiated Measure A, a controversial development proposal. Eastwood appeared in a US$1 million legal and advertising campaign urging voters to pass Measure A. In 2006, the plan went before the California Coastal Commission for approval. On June 14, 2007, the plan was submitted again. Commissioner Sara Wan called it “wholesale destruction of the environment,” and Measure A was denied in an 8 to 4 vote.

Pebble Beach is in Monterey County on the Monterey Peninsula at 36°33′59″N 121°56′48″W. It is bordered by Carmel-by-the-Sea to the south, Pacific Grove to the north, the City of Monterey to the east, and the Pacific Ocean to the west. Big Sur is about a 40-mile (64 km) drive south on scenic State Route 1. Cypress Point in Pebble Beach is the westernmost landfall in Southern California; the dividing line between the north and south portions of the state coastline is situated at the center of the Monterey Bay shoreline near Moss Landing. Santa Cruz and San Francisco are about 45 and 120 miles (190 km) to the north, respectively.

Pebble Beach has eight public and private 18-hole golf courses. Pebble Beach Golf Links, The Links at Spanish Bay, Spyglass Hill and Peter Hay Golf Course are owned by Pebble Beach Company and are all public courses. Poppy Hills is also a public course. Private courses located at Pebble Beach are Cypress Point Club and the private Monterey Peninsula Country Club’s two courses, the Dunes Course and the Shore Course. Pebble Beach Company also owns Del Monte Golf Course a few miles away in Monterey, which is the oldest continuously operating course in the Western United States.
Several of these courses are widely celebrated, especially Pebble Beach Golf Links. Designed by Jack Neville and Douglas Grant, it is the most famous course in the Western United States, and the only course which has ever beaten Pine Valley Golf Club to top spot in Golf Digest’s biennial list of America’s 100 greatest courses. Pebble Beach Golf Links was the site of the US Open in 1972, 1982, 1992, 2000, and 2010. The course is set to host the tournament again in 2019.
The AT&T Pebble Beach National Pro-Am (formerly known as the Crosby Clambake) is held on three of the courses here annually in February. The tournament began in 1937 at Rancho Santa Fe near San Diego, where it was last played in 1942. After World War II, it moved to Pebble Beach in 1947, and has continued annually since.

The community has 4,531 residents and is relatively affluent, home to many retirees and well-educated workers in the social service (education and health care), management and finance sectors. While Monterey County has a very large Hispanic population, Pebble Beach is more ethnically homogenous, with 91.4% of the population being White, 5.3% Asian, 2.3% Hispanic or Latino and 0.4% African American. The median household income is $99,788, with 54% with incomes between $50,000 and $150,000 and a little more than a quarter of households, 26.2%, with incomes exceeding $150,000. Household income figures, however, may not accurately reflect the area’s wealth as 50.8% of households received social security income and 30.8% were retired.
Less than half of the population 16 or over, 46.4%, are employed. Of those who work, the plurality (25%) are employed in the social service, education and health care sector, followed by the management (15%) and finance sectors (15%). 2.3% of the population live below the poverty level. The area’s adult population is fairly well-educated, with 61% having at least a Bachelor’s degree, and 98% having a high school diploma, compared to 25% and 80% at the national average, respectively.