This weekend we celebrate Doris Day’s birthday with 3 days of fun-filled events at the Cypress Inn and Carmel High School Center for Performing Arts. A singer, actress, and animal lover, Day turns 97 on April 3rd. Festivities include screenings of her classic films, live concerts and entertainment, an auction/raffle, and animal adoptions. For more information regarding the party this weekend, visit https://www.dorisdayanimalfoundation.org/doris-days-97th-birthday-event. We hope you have a nice weekend honoring this special member of our local community. The local real estate market was on the quieter side this week, reporting 2 new sales in Pebble Beach, 3 in Carmel, as well as 2 closings in Pebble, 3 in Carmel, and 1 in the Preserve. Below please find a recap outlining this activity:
The 2 closings in Pebble Beach this week were an updated traditional home near the Pebble Beach Golf Academy and Stevenson School which sold for 20.2% off list price at $2.275M after 8 months on the market and a Ranch style remodel opportunity in the Upper Forest (sale price: $1.142M; 18% off the original list price or 4.8% off most recent list price, DOM = 169. Canning Properties Group represented the top new sale in Pebble this week: a meticulously maintained end unit at Spanish Bay Circle overlooking the 12th Fairway, which went into contract after less than 2 months on the market with an ask of $3.175M. The other new sale in this region was a remodeled Mediterranean inspired home with ocean and golf views in Country Club West which was actively listed for only 2 days (list price: $2.395M).
There were 3 closings in Carmel this week – a large Mid-Century compound on 1.5 acres with ocean and valley views sold for 41% off the original list price or 21% off original list price at $3.05M (DOM = 197), an oversized recently constructed cottage in the Golden Rectangle (11.9% off the original list price or 1.7% off most recent list price, DOM = 83), and a remodeled 1970’s build on Carmel Point which sold for 29.6% off the original list price or 3% off most recent list price after 1 year on the market. New sales included a contemporary build on Carmel Point tucked just behind Scenic Road, which was on the market for almost 1 year (list price: $6.995M), a cozy quintessential cottage ideally situated near town/the beach listed for $2.395M (DOM = 10), and a mid-century remodel opportunity in NE Carmel (DOM = 135, list price: $1.45M).
A 5-year-old Modern style home in the Preserve sold off market this week for a 6.4% discount off list price at $3.925M. There was no other activity to report in the Preserve, Quail, or the Highlands this week.
CLOSED ESCROW: 1412 Cantera Court, Sale Price: $2.275M (20.2% off list price), DOM = 234.
CLOSED ESCROW: 4121 Sunridge Road, Sale Price: $1.142M (18% off the original list price or 4.8% off most recent list price), DOM = 169.
NEW SALE: 56 Spanish Bay Circle, List Price: $3.175M, DOM = 57.
NEW SALE: 1019 Wrangler’s Trail, List Price: $2.395M, DOM = 2.
ACTIVE LISTINGS: 70 Homes (Country Club West = 16, Country Club East = 8, Central Pebble Beach = 24, Lodge = 13, Upper Forest = 9), 32 Lots.
CLOSED ESCROW: 3450 Mountain View Avenue, Sale Price: $3.05M (41% off the original list price or 21% off most recent list price), DOM = 197.
CLOSED ESCROW: 9th Avenue 2 SE of Camino Real, Sale Price: $2.9M (11.9% off the original list price or 1.7% off most recent list price), DOM = 83.
CLOSED ESCROW: 26147 Carmelo Street, Sale Price: $2.675M (29.6% off the original list price or 3% off most recent list price), DOM = 386.
NEW SALE: 26314 Ocean View Avenue, List Price: $6.995M, DOM = 289.
NEW SALE: Casanova 3 NW of 9th Avenue, List Price: $2.395M, DOM = 10.
NEW SALE: Lobos 4 NW of 3rd Avenue, List Price: $1.45M, DOM = 135.
ACTIVE LISTINGS: 51 Homes (NW Carmel = 6, NE Carmel = 11, SW Carmel = 12, SE Carmel = 7, Carmel Point = 7, Hatton Fields = 8), 5 Lots.
ACTIVE LISTINGS: 19 Homes (6 Oceanfront), 6 Lots.
Quail / Preserve
CLOSED ESCROW: 5 Red Tail Trace, List Price: $3.925M (6.4% off list price), DOM = off market.
ACTIVE LISTINGS: Quail Lodge = 4 Homes, 0 Lots. Quail Meadows = 2 Homes, 1 Lot. Preserve = 12 Homes, 45 Lots.