We hope you have a fun-filled Easter weekend! There are dozens of events on the Monterey Peninsula, which will you be attending? Please visithttps://www.seemonterey.com/events/holiday-events/easter/ for a list of local holiday related festivities. Whether you’ll be hunting for eggs or indulging in a tasty brunch, we wish you a Happy Easter entailing activities with loved ones and R&R. We had a productive week in the local real estate market, with Carmel reporting the most activity of our subject regions. Below please find a recap outlining the week:
Two closings in Pebble this week included a newly constructed contemporary build near the Lodge, which sold at an 11% discount off list price after 3 weeks on the market (sale price: $8.85M), and a Mediterranean build in the Upper Forest which was on the market for less than 3 weeks (sale price: $2.55M, 2% off list price). There was 1 new sale in Pebble – a centrally located remodeled ranch style home which was on the market for 2 months (list price: $1.45M).
Carmel had a hot streak this week and rang in 4 closed escrows in addition to 10 new sales. Closings this week consisted of an ocean view Mediterranean near the Carmel Mission which sold for $2.889M (7% off most recent list price or 8% off original list price) after 7 months on the market, a 90’s-built home with guest structure near Mission Trails Park and the Forest Outdoor Theater (sale price: $2.05M, 14% off list price, DOM = 245), a 12-year-old cottage located 4 blocks from the beach in the Golden Rectangle which was on the market for 1 month (sale price: $2.125M, 5% off most recent list price or 7% off original list price), and an oversized updated vintage 2 story cottage which sold for full price ($1.375M) after listed for 1 month. The 10 new sales this week in the region included: a tastefully updated ocean view home with guest house in Carmel Point (list price: $6.6M, DOM = 151), a renovated ‘80’s contemporary home with views in NW Carmel which was on the market for 5 days (list price: $4.25M), a Tescher designed craftsman in the Golden Rectangle (list price: $2.995M, DOM = 16), a vintage post-adobe in Carmel Point with views of River Beach and the lagoon (list price: $2.995M, DOM = 64), a ranch style home in Hatton Fields sited on a park-like lot which was on the market for just 3 days (list price: $2.75M), a classic board and batten charmer in NW Carmel which was listed for 1 week (list price: $2.395M), a cozy updated vintage 2 bed/2 bath in NE Carmel (list price: $1.595M, DOM = 16), an remodel opportunity with abundant water fixture credits on Highway 1 (list price: $1.299M, DOM = 239), a dated oversized home in NE Carmel (list price: $1.295M, DOM = 47), and a small vintage cottage in NE Carmel in need of TLC (list price: $915K, DOM = 96).
Canning Properties Group is honored to represent the buyers of the lone closing in Quail/the Preserve this week – a stunning custom traditional home on a 3.5 acre oak studded lot in Quail Meadows, which sold for 7% off most recent list price or 14% off original list price at $4.1875M (DOM = 286).
There was no activity to report in the Highlands this week.
Pebble Beach
CLOSED ESCROW: 1487 Padre Lane, Sale Price: $8.85M (11% off list price), DOM = 31.
CLOSED ESCROW: 4134 Sunridge Road, Sale Price: $2.55M (2% off list price), DOM = 20.
NEW SALE: 2862 Congress Road, List Price: $1.45M, DOM = 67.
ACTIVE LISTINGS: 65 Homes (Country Club West = 15, Country Club East = 6, Central Pebble = 23, the Lodge = 13, Upper Forest = 8), 32 Lots.
Carmel
CLOSED ESCROW: 2996 Franciscan Way, Sale Price: $2.889M (7% off most recent list price or 8% off original list price), DOM = 219.
CLOSED ESCROW: Crespi 8 SE of Mountain View Avenue, Sale Price: $2.05M (14% off list price), DOM = 245.
CLOSED ESCROW: Casanova 3 SW of 12th, Sale Price: $2.125M (5% off most recent list price or 7% off original list price), DOM = 31.
CLOSED ESCROW: Santa Fe 3 NE of Mountain View, Sale Price: $1.375M (full price), DOM = 31.
NEW SALE: 2417 Bay View Avenue, List Price: $6.6M, DOM = 151.
NEW SALE: Camino Real 2 NW of 4th, List Price: $4.25M, DOM = 5.
NEW SALE: Lincoln 4 NE of Santa Lucia, List Price: $2.995M, DOM = 16.
NEW SALE: 26351 Camino Real, List Price: $2.995M, DOM = 64.
NEW SALE: 25864 Hatton Road, List Price: $2.75M, DOM = 3.
NEW SALE: Camino Real 7 SE of 2nd, List Price: $2.395M, DOM = 7.
NEW SALE: Carpenter 4 NW of 6th Avenue, List Price: $1.595M, DOM = 16.
NEW SALE: 25388 Highway 1, List Price: $1.299M, DOM = 239.
NEW SALE: Guadalupe & 2nd, NE Corner, List Price: $1.295M, DOM = 47.
NEW SALE: Guadalupe 2 NE of 5th Avenue, List Price: $915K, DOM = 96.
ACTIVE LISTINGS: 59 Homes (NW Carmel = 7, NE Carmel = 12, SW Carmel = 14, SE Carmel = 7, Carmel Point = 10, Hatton Fields = 9), 7 Lots.
Carmel Highlands
ACTIVE LISTINGS: 19 Homes (8 Oceanfront), 6 Lots.
Quail / Preserve
CLOSED ESCROW: 5482 Quail Meadows Drive, Sale Price: $4.1875M (7% off most recent list price or 14% off original list price), DOM = 286.
ACTIVE LISTINGS: Quail Lodge = 5 Homes, 0 Lots. Quail Meadows = 2 Homes, 1 Lot. Preserve = 13 Homes, 45 Lots.
Comments