Billionaire Jim Crane Lists Pebble Beach Estate for $37.9M

Billionaire Jim Crane Lists Pebble Beach Estate for $37.9M

Published: February 9, 2017 | By: American Luxury Staff

Houston Astros owner Jim Crane has listed his Pebble Beach home for $37.9 million. Crane purchased the property about twenty years ago, for $5.5 million.

The house, which dates to 1951, is a contemporary style. It measures 11,900 square feet, and contains eight bedrooms, and ten baths.

With vaulted ceilings, walls of windows, off-white toning and minimalist fireplaces, the home is expansive, bright, and mainly angular, although the rounded dining-room ceiling offers a nice shift in aesthetic. Stacked stone ornamental accents, exposed beams, and mid-toned hardwood balance things out with a little warmth. Sliding doors open onto a patio and fireplace, with ocean views in the near distance.

The house features a den and office, library, inset bookcases, wine cellar, and many fireplaces. But the home’s setting will surely be the selling point. With views of Carmel Bay, and mid-coast flora dominated by conifers, the property is uniquely poised on a private and stunning nine acres that evoke the most mysterious and poetic side of California, which has long enchanted writers and artists with its temperate and hardscrabble beauty.

The property features a pool with infinity edge, as well as an outdoor lounge with fire pit and, of course, walking paths. A guest house and a caretaker’s house round out the living spaces.

Jim Crane, a businessman with interests in freight, investments, and logistics, purchased the Houston Astros in 2011, reportedly for $680 million.

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