News

And The Race Is On ~ Week of 1/6/ – 1/12

Carmel

January is historically our slowest month for Carmel & Pebble Beach real estate. Last week Carmel gave us 3 closed sales, albeit all but one were in our lower price points. We did see a remodeled 3 bed, 3 bath cottage with a well manicured English garden close escrow on Guadalupe Street, just outside of city limits in the Carmel Woods area near Carpenter and Highway 1 for $1.26M. Carmel started to move again with a total of 3 new sales, 2 of which were in prime Carmel; one gorgeous remodeled offering on 12th & Monte Verde from a list of $1.995M, and another slightly smaller remodeled cottage on Carmelo & 12th, with a peek of the ocean, from an asking of $1.895M. There were no vacant land sales of any kind.

Pebble Beach

There was 1 closed transaction in Pebble Beach, on Viscaino Road, for a 3 bed, 3 bath home with no views for $1.661M. Pebble pulled ahead of Carmel last week with a total of 4 new pending sales, one of which was in the high-end in the Macomber Estates for a 10,000 sq ft newer home, equipped with 14 car garage, at an asking of $5.75M. A perfect palace for one of the many car enthusiasts we see here on the Peninsula each August. There were no vacant land sales.

Carmel Valley

There was only 1 closed transaction in Carmel Valley last week, on Laurel Drive for $1.15M, for a 3 bed, 3 bath remodeled California Cottage style home with a lovely greenbelt view. There were 2 new sales in Carmel Valley; one condo at Carmel Valley Ranch from an asking of $745K, and a condo at the 55+ community, Hacienda Carmel, from an asking of $359K. There were no vacant land sales.

Carmel Highlands

There were no closed transactions in the Highlands last week, but there was 1 new sale on Yankee Point from an asking of $6.995M for a 5,000 sq ft new, architecturally-notable home on the water. No vacant land sales.

Upcoming Local Events

1/17 Stories on Stage at the Forrest Theater

1/17 Big Sur Foragers Festival

1/18 Sunset Center Presents Chef Robert Irvine, Live!

1/19 Meet The Artists at the Carmel Art Association

Here’s to what’s ahead.

Cheers,

Ryan

Please Note: While delighted to respond to real estate related inquiries, Ryan is not particularly interested in being contacted by persons with a specific interest in any “celebrity” affiliations.
Photography and Design Copyright Ryan Melcher. All Rights Reserved. This website may not be reproduced or transmitted in any form without the consent of the publisher.
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