Pebble Remains Steady, Carmel Quiets Down

admin Weekly Blog

We are pleased to announce that Shawna Felker has joined the Canning Properties Group.  With a degree in Communication and over 3 years of experience with Carmel Realty, she will play a pivotal role in making this team even stronger in 2015.

The AT&T Tournament is in full swing and the traditional surge of inventory is upon us as we mark the beginning of our selling season.  14 new listings hit the market this week in Pebble Beach and prime parts of Carmel with prices ranging from $749K to $7.85M.  We were honored to bring several listings to market this week as well; a classic Pebble Beach home with ocean views above the lodge (3937 Ronda Rd), an architectural feat in Jack’s Peak (566 Aguajito Rd) and a prestigious Spanish style estate in the Preserve (37 Rancho San Carlos Rd).

Carmel went silent this week with zero closed or new sales.  However, barring nothing unusual, we do predict Carmel to pick back up with two in the pipeline set to close next week.  Of the three new listings in Carmel, the two of interest are in Carmel Point – one on Ocean View with an ask of 7.85M (back to market) and the other on Stewart Way with an ask of $4.5M.

Pebble Beach continued its steady pace with three new sales and three closed in escrow this week.  Two of the new sales are near the MPCC Dunes Course – a Cape Cod Colonial listed at $1.65M and a remodeled French farmhouse listed at $1.575M.  The other new sale, a fixer just north of the MPCC Shore Course is listed at $799K.  The three properties that closed escrow this week included a custom built traditional on Peisano which sold at $2.35M, a fixer in above Spyglass Hill on Lake Ct at $1.139M and another fixer near the MPCC Dunes course at $1.06M.

If you are in Carmel this afternoon, feel free to come see “Carmelized” (Carmelo 3 NW of 8th) from 3-5pm – a sophisticated cottage with an ocean view just two blocks from the beach.  Otherwise, here is what is going on around town:

Around Town:

2/9-2/15 – AT&T Pebble Beach National Pro-Am

2/14 – FROZEN – FTG Film Series Presentation at the Carmel Youth Center.

2/15 – Philharmonia Baroque Orchestra at The Sunset Center.

2/18 – Business Mixer at The Inn at Spanish Bay



Mike, Jess & Nic