Casa Margarita, with Spanish Revival architecture, was named by an iconic local celebrity who was a frequent guest of this stunning estate. Gorgeous setting overlooking the Pacific Ocean with expansive views of Point Lobos, and Stillwater Cove. The estate was constructed during the era when homes were meticulously designed like the great estates in the Mediterranean. Casa Margarita stands out with an elegant presence in Pebble Beach. Close to The Lodge of Pebble Beach with its many amenities, the home is within the reknowned Carmel School district as well as close proximity to Robert Louis Stevenson, a private world class school. Sited on 1.6+ acres the home is quite private with a gently rising driveway to the motor court with additional entry to the separate 800 sf guest house. With six generous sized bedrooms and 6 1/2 baths the estate provides exceptional living space. A pool set amidst newly landscaped grounds provides another amenity to this classic Pebble estate.
Single-familyProperty Type
1926Year Built
1.65 acresLot Size
$2,354Est. Price/Sq.Ft.
3 car garageParking
Listed by Sharon Swallow•DRE #01467402• Coldwell Banker Realty
Listed by Dennis Lunder•DRE #00656586• Dennis A. Lunder, Broker
Contact: 831-241-8208
Bought with Jamal Noorzoy•DRE #01119622• Alain Pinel Realtors
Casa Margarita, with Spanish Revival architecture, was named by an iconic local celebrity who was a frequent guest of this stunning estate. Gorgeous setting overlooking the Pacific Ocean with expansive views of Point Lobos, and Stillwater Cove. The estate was constructed during the era when homes were meticulously designed like the great estates in the Mediterranean. Casa Margarita stands out with an elegant presence in Pebble Beach. Close to The Lodge of Pebble Beach with its many amenities, the home is within the reknowned Carmel School district as well as close proximity to Robert Louis Stevenson, a private world class school. Sited on 1.6+ acres the home is quite private with a gently rising driveway to the motor court with additional entry to the separate 800 sf guest house. With six generous sized bedrooms and 6 1/2 baths the estate provides exceptional living space. A pool set amidst newly landscaped grounds provides another amenity to this classic Pebble estate.
MLSListings #ML80518741
Nov 30, 2005
Sold
$8,500,000
$1,288/sq ft
Oct 18, 2005
Listing Removed
—
Apr 13, 2005
Listed
$10,400,000
$1,576/sq ft
+1
CASA MARGARITA IS AN ARCHITECTURAL MASTERPIECE LOCATED IN PRIME ESTATE AREA OF PB W/ VIEWS OF CARMEL BAY. OVER 6,700 SQFT 6BR 7.5 BA, LR, FORMAL DR, LIBRARY, GOURMET KIT, SEP GUEST HM/ART STUDIO, 7 FRPLS, 3 CAR GAR & EXPANSIVE SWIMMING
Public Records
Oct 31, 1997
Sold
$3,525,000
$534/sq ft
Public Records
Jul 30, 1982
Sold
$652,000
$99/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$101,794 (+18.2%)
$5,354,490 + $4,288,473
$9,642,963
2024
$86,154 (+4.8%)
$5,354,490 + $4,288,473
$9,642,963
2023
$82,237 (+5.5%)
$5,249,500 + $2,979,386
$8,228,886
2022
$77,961 (+2.1%)
$5,146,569 + $2,576,062
$7,722,631
2021
$76,329 (+5.1%)
$5,045,656 + $2,376,062
$7,421,718
2020
$72,621 (+58.7%)
$4,946,722 + $2,252,022
$7,198,744
2019
$45,771 (+1.9%)
$4,896,000 + $2,029,800
$6,925,800
2018
$44,900 (+2.1%)
$2,477,999 + $1,857,139
$4,335,138
2017
$43,960 (+1.6%)
$2,381,776 + $1,785,025
$4,166,801
2016
$43,248 (+1.5%)
$2,381,776 + $1,785,025
$4,166,801
2015
$42,620 (−57.5%)
$2,335,075 + $1,750,025
$4,085,100
2014
$100,268 (+2.0%)
$8,806,890 + $668,873
$9,475,763
2013
$98,260 (+1.4%)
$8,806,890 + $668,873
$9,475,763
2012
$96,895 (+2.0%)
$8,767,088 + $665,851
$9,432,939
2011
$94,982 (+1.0%)
$8,595,185 + $652,796
$9,247,981
2010
$94,013 (−0.3%)
$8,426,652 + $639,997
$9,066,649
2009
$94,314 (+2.4%)
$8,383,543 + $636,724
$9,020,267
2008
$92,140
$8,383,543 + $636,724
$9,020,267
Tax history for 1531 Riata Rd
Year
Property tax
Land + Additions
Assessment*
2025
$101,794 (+18.2%)
$5,354,490 + $4,288,473
$9,642,963
2024
$86,154 (+4.8%)
$5,354,490 + $4,288,473
$9,642,963
2023
$82,237 (+5.5%)
$5,249,500 + $2,979,386
$8,228,886
2022
$77,961 (+2.1%)
$5,146,569 + $2,576,062
$7,722,631
2021
$76,329 (+5.1%)
$5,045,656 + $2,376,062
$7,421,718
2020
$72,621 (+58.7%)
$4,946,722 + $2,252,022
$7,198,744
2019
$45,771 (+1.9%)
$4,896,000 + $2,029,800
$6,925,800
2018
$44,900 (+2.1%)
$2,477,999 + $1,857,139
$4,335,138
2017
$43,960 (+1.6%)
$2,381,776 + $1,785,025
$4,166,801
2016
$43,248 (+1.5%)
$2,381,776 + $1,785,025
$4,166,801
2015
$42,620 (−57.5%)
$2,335,075 + $1,750,025
$4,085,100
2014
$100,268 (+2.0%)
$8,806,890 + $668,873
$9,475,763
2013
$98,260 (+1.4%)
$8,806,890 + $668,873
$9,475,763
2012
$96,895 (+2.0%)
$8,767,088 + $665,851
$9,432,939
2011
$94,982 (+1.0%)
$8,595,185 + $652,796
$9,247,981
2010
$94,013 (−0.3%)
$8,426,652 + $639,997
$9,066,649
2009
$94,314 (+2.4%)
$8,383,543 + $636,724
$9,020,267
2008
$92,140
$8,383,543 + $636,724
$9,020,267
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
5
Baths
5.5
Stories
2
Lot width
—
Lot depth
—
Lot size
1.65 Acres
Year renovated
2024
Sq. Ft.
6,131
Year built
1927
Style
Single Family Residential
County
Monterey County
APN
008341025000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
Dec 12, 2024 • Final
Re-roof
Perform a residential re-roof by tearing off existing materials. Remove existing clay tiles, install new underlayment, and reinstall the clay tiles on the residential building.
Roofing
Nov 26, 2024 • Active
Combination
Replace a driveway gate and install new underground sensor-controlled gate operators. Relocate a weatherproof electrical outlet, install a fire department approved lock box, and construct new concrete curb landscape walls with a stucco finish. Replace electric lanterns and a wood address sign, remove and replace the concrete driveway, and repair Spanish tile wall caps.
Electrical
Grading
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.