One of the Oldest Homes in Pebble Beach Lists for $29 Million

This Pebble Beach compound is hitting the market for $29 million. VIDEO: GOLDENEYE MEDIA

A 1920s Spanish Revival estate on California’s Central Coast in the gated Pebble Beach community is hitting the market for $29 million.

The owners are Brian and Kelly Swette, founders of Sweet Earth Enlightened Foods, which was sold to Nestlé in 2017. The Swettes bought the roughly 3-acre property in 2006 for just under $16 million, according to public records.

The Swettes were living in South Florida and were looking to move back to California’s Central Coast, where they had previously lived.

“We wanted to come back and we were waiting for the right house,” Brian Swette said, but they couldn’t decide between Santa Barbara and Pebble Beach. “This house came up and Kelly fell in love.”

The roughly 8,200-square-foot, five-bedroom Spanish Revival main house, which is perched on top of a hill, is located on the Monterey Peninsula in Monterey County, according to listing agent Shelly Mitchell Lynch, owner of Carmel Realty Company. It was one of the first homes to be built in Pebble Beach around 100 years ago, she said, and has views of Big Sur, the Santa Lucia Mountains, Carmel Beach and the property’s gardens.

“Most people don’t even know it’s here,” said Lynch, referring to the property. “It has this beautiful understated gate and then you drive through this parklike setting to the top of the hill.”

Enamored with the property’s beauty, the Swettes decided to sell their Florida home and moved to the Pebble Beach property full time. They spent around two years renovating the main house, Brian Swette said, and lived in the property’s two-bedroom guesthouse for about six months during the process. He says he doesn’t recall how much they spent on the renovations.

Their work on the home included restoring features to bring the home back to its original look, according to Swette. To do this, they repaired the stucco on both the exterior and interior as well as the stone walkways around the property. They also restored the fountains and tiles in the home’s entryway.

They laid new flooring throughout the home and installed a 12-foot, custom-made iron and glass front door. In the family room, they laid a limestone patterned floor and replaced an old stucco bar with a curved walnut-paneled bar. Upstairs, they converted a living space into a billiards and lounge area. They also expanded the kitchen “just a tiny bit,” Brian Swette said, and pulled out about half of the old cabinetry to make the space more functional.

Film by Goldeneye Media : https://vimeo.com/852723575/2b4ac4f548