Bring the whole family to Pebble Beach to watch legends of golf pair up with juniors from The First Tee this weekend at world-renowned Pebble Beach Golf Links and Poppy Hills. Tee times begin at 7:15am this Saturday and Sunday and admission is free. Support the youth of the future as they play alongside PGA TOUR Champions players and display their shot-making skills and life skills they’ve learned through The First Tee education. Check out the action at http://www.pureinsurancechampionship.com. If you can’t make it to the area, catch the action from the comfort of your home on The Golf Channel from 12:00 p.m. – 3:00 p.m. We experienced a quiet week from a units sold perspective in our local markets this week (4 closings) but remained productive reporting 10 new sales. As always, below please find a recap from the week.
Canning Properties Group is honored to represent the top closed escrow in Pebble Beach this week – an iconic 1930’s-built estate on the prized 18th Fairway at Pebble Beach sold for $18.13M (20% off most recent list price or 30% off original list price, DOM = 529). There were no other closings, but the region had 2 new sales: an extensively remodeled circa 1980’s home in the Upper Forest which reached mutual acceptance off market (list price: $1.75M) and a dated Mediterranean in Country Club West went into contract with an ask of $1.695M (DOM = 44).
Carmel had 3 closings this week: a partially updated ‘90’s-build in SE Carmel sold for $1.785M (2% off list price) after just 2 weeks on the market, a cozy vintage cottage in NE Carmel which closed full price ($1.32M) after 3 weeks active, and a dated historic cottage with accessory dwelling unit built by renowned M.J. Murphy sold for $995K (5% off most recent list price or 9% off original list price, DOM = 71). The 8 new sales in Carmel this week consisted of a newly constructed Contemporary on a large lot in NW Carmel (list price: $3.85M, DOM = 103), a new build in the Golden Rectangle near the edge of town (list price: $2.4999M, DOM = 124), a dated beach house just a couple of blocks from Carmel Beach went into contract off market ($2.1999M), an oversized updated ‘80’s-built cottage in NE Carmel (list price: $2.195M, DOM = 25), a remodeled Colonial with quick access to town/HWY 1 which went into contract off market (list price: $1.839M), a partially updated Mediterranean on a corner lot near MPCC (list price: $1.695M, DOM = 44), a renovated home with views of Pescadero Canyon on a large forested lot in Carmel Woods (list price: $1.295M, DOM = 10), a single-level quintessential cottage in NE Carmel (list price: $1.249M, DOM = 63), and a cute little cottage with room for expansion in NE Carmel (list price: $949K, DOM = 84).
There was no activity to report this week in Quail, the Preserve, or the Highlands.
CLOSED ESCROW: 1552 Cypress Drive, Sale Price: $18.13M (20% off most recent list price or 30% off original list price), DOM = 529.
NEW SALE: 4077 Los Altos Drive, List Price: $1.75M, DOM = off market.
NEW SALE: 3111 Patio Drive, List Price: $1.695M, DOM = 44.
ACTIVE LISTINGS: 87 Homes (Country Club West = 19, Country Club East = 9, Central Pebble = 33, Lodge = 13, Upper Forest = 13), 31 Lots.
CLOSED ESCROW: 4 Oak Knoll Way, Sale Price: $1.785M (2% off list price), DOM = 18.
CLOSED ESCROW: Santa Fe 4 SE of 5th, Sale Price: $1.32M (full price), DOM = 22.
CLOSED ESCROW: Santa Fe 4 NE of 1st, Sale Price: $995K (5% off most recent list price or 9% off original list price), DOM = 71.
NEW SALE: Lopez & 2nd, NE Corner, List Price: $3.85M (original: $3.89M, DOM = 103.
NEW SALE: San Carlos 5 SW of 12th, List Price: $2.4999M (original: $2.695M, DOM = 124.
NEW SALE: Carmelo 3 SW of 13th, List Price: $2.1999M, DOM = off market.
NEW SALE: 4th 2 SE of Torres, List Price: $2.195M, DOM = 25.
NEW SALE: 25275 Randall Way, List Price: $1.839M, DOM = off market.
NEW SALE: 24654 Pescadero Road, List Price: $1.295M, DOM = 10.
NEW SALE: Carpenter 4 NE of 3rd, List Price: $1.249M, DOM = 63.
NEW SALE: Carpenter 3 NE of 6th, List Price: $949K, DOM = 44.
ACTIVE LISTINGS: 81 Homes (NW Carmel = 16, NE Carmel = 14, SW Carmel = 11, SE Carmel = 13, Carmel Point = 17, Hatton Fields = 10), 9 Lots.
ACTIVE LISTINGS: 28 Homes (7 Oceanfront), 5 Lots.
Quail / Preserve
ACTIVE LISTINGS: Quail Meadows = 6 Homes, 1 Lot. Quail Lodge = 4 Homes, 1 Lot. Preserve = 14 Homes, 57 Lots.