Big Deals In Pebble Roll On

admin Weekly Blog


The big deals continued to roll in Pebble with an off market sale on Sombria along the Cypress Point golf course for $12M. Pebble had two additional closed sales and 5 new sales: a 6500 square foot house on Lisbon that sold for $2.385M and an older rancher on Colton that closed for $764K. Four of the five new sales in Pebble Beach were under $1M this week: a larger home on El Bosque listed for $949K, a short sale on Sloat listed for $690K, a very clean home on Indian Village listed for $999.5K, and a condo up on Ocean Pines for $424K. As a sign of the velocity in the market right now, all of these new sales were on the market for less than two months. The fifth new sale in Pebble was a newer contemporary on Bird Rock that was listed for $2.25M.

Carmel continued at a steady pace this week with three new sales but no closed sales. Two were Golden Rectangle sales on the market for less than two weeks: an oversized house on Carmelo and 10th listed for $1.695M and a classic cottage on an oversized lot on Dolores and 12th for $1.95M. The third new sale was a Carmel Point contemporary house on Ocean View that was listed for $3.699M.  After a sluggish week last week it was nice to see this forward looking activity in Carmel

A few notable activities this weekend include the Annual Cavalier King Charles beach Party on Carmel Beach today from 1:00-4:00, the Monterey Symphony presents Merriment at the Sunset Center on Saturday and Sunday, and the Carmel Heritage Society Spring Lecture Series: “Carmel Mission: History and Restoration” at the Carmel Women’s Club on Tuesday.

Absolutely gorgeous weather expected all weekend – hope you get a chance to enjoy it.

Mike, Lynn & Jessica