As expected, with the AT&T Pro-Am golf tournament just around the corner, several new listings came to the market in Pebble Beach this past week. Traditionally, the tournament marks the start of our selling season and we expect to see additional new listings coming to market in the next week. We are in the process of launching several of our own listings: We brought two properties in Carmel Valley with big valley views (8025 Carmel Valley Road and 7903 Carmel Valley Road) and one in Pebble Beach (sweeping ocean views from above the Lodge at 4031 Sunridge Road) to market last week. Next week we will launch two more — an ocean front property in the Carmel Highlands, 102 Yankee Point, and a charming cottage in Carmel, Casanova 2 NE of 9th.
There were three closed escrows — two in Pebble Beach, one on Padre closing at $4,125 million and one on Sand Dune Road at $2,175 million — and one in Carmel, a fixer with an ocean view closed at $2.7 million.
The Pebble Beach Company hosted a launch party at their new, state of the art Golf Academy yesterday afternoon. Located on the grounds of the old polo field across from the Peter Hay “3 par Course”, this practice facility is a welcome and beautiful addition to the area.
Town is pretty quiet as everyone is gearing up for the AT&T tournament. As the days are slowly stretching longer, stop by the new fire pits at Sticks Restaurant at Spanish Bay and enjoy a glass of wine while watching the sunset.