The chairman and CEO of Cisco, Chuck Robbins, has placed his Pebble Beach estate on the market. The price on the contemporary build on 1.73 acres is a hefty $17 million.
Last sold in 2017 for $12.5 million, the home is currently owned by 8:28 California Properties LLC, which lists Charles H Robbins as the sole principal on record.
Built in 2015, the “magnificent property” was designed with views in mind, with ocean vistas visible from almost every room.
Encompassing two levels accessed by elevator, the main residence includes 8,818 square feet with four bedroom suites, two family rooms, a living room, formal dining room, media room, sleek kitchen, library, and wine cellar.
Bright white walls offer plenty of space to showcase artwork, and natural light fills the interior, thanks to walls of glass.
In addition, the property features a one-bedroom guest cottage with a full kitchen and family room, as well as a second caretaker’s unit.
Outside, the grounds include multiple decks for entertaining, a bocce court, and a fire pit.
The upscale resort destination is the home to multiple golf courses, and boasts the “No. 1 public golf course in America.” The scenic coastal area is a drive of about an hour and a half from San Jose, Cisco’s headquarters.
Robbins has been busy with his real estate portfolio. He also placed his Los Gatos home on the market in August 2018 for $13.8 million. The European-style villa featured 14,000 square feet, a pool, home theater, gym, wine cellar, game room, and wet bar. It sold in late 2018 for $10.65 million.
The Georgia-born businessman joined Cisco in 1997, and held various positions, including senior vice president. He assumed the role of CEO in 2015, and was elected chairman of the board in 2017.
McDermott & Rabello with Compass hold the listing.
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