Happy Mother's Day


Photo by Maarten Deckers on Unsplash

Happy Mother’s Day from CPG!  We hope you have a great weekend celebrating Mother’s Day with your family.  The local real estate market had a productive week, reporting 5 closings and 11 new sales in our subject regions.  Below please find a recap from the week:

Canning Properties Group is honored to represent the seller and buyer of iconic “Casa Ladera”, a legendary ocean view estate on over 3 park-like acres on Crespi Lane (sale price: $14.735M, 11% off list price, DOM = 92).  The remaining 4 closings this week in our areas were also in Pebble: an updated Ranch style ‘80’s build on the market for almost a year (sale price: $2.6M, 13% off most recent list price or 28% off original list price), a partially remodeled French inspired home in the Estates which was active for less than 2 weeks (sale price: $2.19M, 5% off list price), a traditional Mid-Century home in the Upper Forest which sold for full price at $1.295M (DOM = 49), and a dated fixer near MPCC which sold $80K above ask for $1.175M (DOM = 11).  New sales in the Forest included an ocean view estate atop Ronda Road (list price: $12M, DOM = 109), a beautifully remodeled family home on an acre in the Estates region (list price: $3.9M, DOM = 284), a vintage modern log cabin with slot views of the golf course and ocean which was on the market for less than 2 weeks (list price: $2.395M), a dated traditional fixer in the Upper Forest on the market for only 4 days (list price: $1.397M), a traditional single level ‘60’s build which was on the market for 5 days (list price: $1.215M), a remodeled home with distant ocean views in the Upper Forest on the market for 1 week (list price: $1.149M), and a dated home on a cul-de-sac in the Upper Forest (list price: $995K, DOM = 45).


There were no closings in Carmel this week but there were 3 new sales: a 5-year-old cottage in the Golden Rectangle (list price: $3.195M, DOM = 74), an updated vintage home near the Carmel Mission Basilica (list price: $1.695M, DOM = 11), a dated remodel opportunity on a large centrally located lot (list price: $1.495M, DOM = 46),

Quail had a new sale this week – a completely remodeled home on Valley Greens Circle on the market for just 1 week (list price: $2.5M). 


Pebble Beach
  • CLOSED ESCROW: 1658 Crespi Lane, Sale Price: $14.735M (11% off list price), DOM = 92.

  • CLOSED ESCROW: 3978 Ronda Road, Sale Price: $2.6M 13% off most recent list price or 28% off original list price), DOM = 300.

  • CLOSED ESCROW: 3155 Forest Lake Road, Sale Price: $2.19M (5% off list price), DOM = 11.

  • CLOSED ESCROW: 4136 Sunset Lane, Sale Price: $1.295M (full price), DOM = 49.

  • CLOSED ESCROW: 1085 Indian Village Road, Sale Price: $1.175M ($80K above ask), DOM = 11.

  • NEW SALE:  3908 Ronda Road, List Price: $12M, DOM = 109.

  • NEW SALE: 1474 Viscaino Road, List Price: $3.9M, DOM = 284.

  • NEW SALE: 1017 Rodeo Road, List Price: $2.395M, DOM = 11.

  • NEW SALE: 4035 Sunset Lane, List Price: $1.397M, DOM = 4.

  • NEW SALE: 2977 Bird Rock Road, List Price: $1.215M, DOM = 5.

  • NEW SALE: 4143 Crest Road, List Price: $1.149M, DOM = 7.

  • NEW SALE: 4060 Crest Road, List Price: $995K, DOM = 45.

  • ACTIVE LISTINGS: 73 Homes (Country Club West = 18, Country Club East = 7, Central Pebble = 26, Lodge = 13, Upper Forest = 9), 31 Lots.

Carmel
  • NEW SALE: Dolores 4 NE of 11th, List Price: $3.195M, DOM = 74.

  • NEW SALE: 3017 Lasuen Drive, List Price: $1.695M, DOM = 11.

  • NEW SALE: 26000 Junipero Avenue, List Price: $1.495M, DOM = 46.

  • ACTIVE LISTINGS: 62 Homes (NW Carmel = 5, NE Carmel = 9, SW Carmel = 13, SE Carmel = 14, Carmel Point = 11, Hatton Fields = 10), 9 Lots.

Carmel Highlands
  • ACTIVE LISTINGS: 17 Homes (6 Oceanfront), 5 Lots.

Quail / Preserve
  • NEW SALE: 7054 Valley Greens Circle, List Price: $2.5M, DOM = 9.

  • ACTIVE LISTINGS: Quail Meadows = 3 Homes, 1 Lot.  Quail Lodge = 3 Homes, 0 Lots.  Preserve = 13 Homes, 40 Lots.



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