$1,434,000•1/8 Ownership
$11,472,000
The home has 5 bedrooms, 5 bathrooms and 3 half-bathrooms. The open plan main level uses neutral colors and natural materials like wood and reclaimed stonework to create a calming coastal retreat. The state-of-the-art kitchen features Boffi cabinetry, a Mugnaini wood-fired pizza oven and a central island. Just off the kitchen is a cozy family room. Two guest rooms also occupy the main floor.
On the upper level, a private and inviting primary suite has a spa-like bathroom, an expansive closet, an office and floor-to-ceiling glass doors leading to an in-ground infinity pool and sauna. The home also has a putting green, a hot tub and an outdoor fireplace. The lower level features another family room, a guest suite and home gym. An elevator connects the 4-car garage with the main floor. The home comes fully furnished and professionally decorated.
How we priced this 1/8 share
We give our homes a full design makeover, manage all aspects of LLC formation, and find qualified owners.
| Purchase PriceWhole home: $9,600,000 | $1,200,000 |
| Upgrades, Taxes, and ClosingInterior design, furnishings, inspection, title & applicable taxes | $80,357 |
| Pacaso Service FeeBuyer aggregation & legal | $153,643 |
| Total 1/8 OwnershipWhole home value: $11,472,000 | $1,434,000 |
Flexible ownership
Make your move, on your terms
Whether you own a Pacaso or a whole second home, we make it easy to move or sell when you're ready.
Transfer
Love co-ownership, but decide your Pacaso isn't the perfect fit? Forget buyer's remorse. Within your first year of ownership, you can transfer to another Pacaso that better suits your needs, hassle-free.
Resale
Time to move on? After 12 months of ownership, you can set your price, tap into our marketplace of buyers, and sell quickly and easily. On average, Pacaso listings resell in less 10 days, with a 10% gain.
Selldown
Own an amazing second home, but don't use it very often? Sell part of your home to Pacaso, and keep the amount of ownership that's right for you, from 1/8 to 1/2. Leave the management to us!
Connect with our Crew
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More homes to consider
Understanding ownership costs
Know the bottom line before you buy. No hidden fees, no surprises, no monthly markups.
Courtesy of - Shelly Lynch, Carmel Realty Company
Whole home list price: $9,600,000
All listings are represented by licensed independent brokerages.