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3208 Palmero Way

Pebble Beach, CA 93953

5 bd 6 ba 7,061 sqft Built 1986 Lot 38,986 sqft single_family
Most recent sale
$11,500,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $11,500,000 MLS #ML81858320
Oct 7, 2021 Price changed $12,500,000 MLS #ML81858320
Aug 13, 2021 Listed $14,000,000 MLS #ML81858320
Feb 22, 1999 Sold $3,000,000 Public Record
Jul 2, 1993 Sold $3,188,500 Public Record
Nov 18, 1983 Sold $336,500 Public Record
Nov 22, 1972 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $4,775,436 $7,428,456 $12,203,892 $128,573
2024 $4,775,436 $7,428,456 $12,203,892 $124,853
2023 $4,590,000 $7,140,000 $11,730,000 $124,404
2022 $2,068,220 $2,363,686 $4,431,906 $47,002
2021 $2,027,667 $2,317,340 $4,345,007 $46,488
2020 $2,006,876 $2,293,579 $4,300,455 $45,479
2019 $1,967,526 $2,248,607 $4,216,133 $44,580
2018 $1,928,948 $2,204,517 $4,133,465 $43,732
2017 $1,891,126 $2,161,292 $4,052,418 $42,818
2016 $1,854,046 $2,118,914 $3,972,960 $42,125
2015 $1,826,197 $2,087,086 $3,913,283 $41,513
2014 $1,790,425 $2,046,203 $3,836,628 $41,054
2013 $1,782,334 $2,036,956 $3,819,290 $40,230
2012 $1,747,387 $1,997,016 $3,744,403 $39,671
2011 $1,713,125 $1,957,859 $3,670,984 $38,734
2010 $1,700,322 $1,943,227 $3,643,549 $38,340
2009 $1,704,362 $1,947,844 $3,652,206 $38,460
2008 $1,670,944 $1,909,651 $3,580,595 $37,578
2007 $1,638,181 $1,872,207 $3,510,388 $36,724

Property facts

Year built
1986
Property type
single_family
Stories
2
Beds
5
Baths
6
Living area
7,061 sqft
Lot size
38,986 sqft
ZIP code
93953
City
Pebble Beach
Street
Palmero Way
Coordinates
36.57051, -121.93913

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$69,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3208 Palmero Way last sell?
3208 Palmero Way most recently sold on May 6, 2022 for $11,500,000.
What is the current tax assessment for 3208 Palmero Way?
The most recent total assessment for 3208 Palmero Way (year 2025) is $12,203,892 with $128,573 in property tax.
How does 3208 Palmero Way's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $11,500,000.
When was 3208 Palmero Way built?
3208 Palmero Way was built in 1986.
How does 3208 Palmero Way compare to others on Palmero Way?
We track 8 other properties on Palmero Way. Browse the list under "Other properties on Palmero Way" to compare beds, baths, and sale history.
What are the property facts for 3208 Palmero Way?
3208 Palmero Way is a 5 bed, 6 bath, 7,061 sqft, 38,986 sqft lot single_family.
Is 3208 Palmero Way a flip candidate?
No — 3208 Palmero Way does not appear in our flips dataset.
Is 3208 Palmero Way a tax-appeal candidate?
No — 3208 Palmero Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+15.1%
Implied 1-yr
+60.5%
2026 Q2
$19.31M
2026 Q3
$19.31M
ZIP 93953 — Median Price History + Forecast

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