Pebble’s Popping

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Forget the Sequester, Pebble Beach roared last week:  7 new sales and one closed.  The 7 ranged from a condo at Shepherd’s Knoll with an ask of $430,000 to a home on Viscaino with an ask of $2.469; 3 of the new sales were north of $2M, continuing the trend of demand rising up the price spectrum.  Additionally, we represented the buyer of a discreet, off-market ocean front property in Pebble that closed this week – the highest price paid in Pebble Beach since 2005.

Carmel remained steady, if not strong:  The house on Scenic just south of Ocean that hit the market and instantly drew two offers and went into escrow closed at $3.2M.The home at the corner of Santa Lucia and San Antonio with an ask of $4.5 went into escrow, as did a home on Casanova up at 4th with an ask of $2.15M  Again, we’re not seeing the velocity in Carmel that Pebble is seeing but the demand has remained steady all year, with increased activity rising up the price spectrum there as well – even better than Pebble

We just listed two very strong properties, one in Carmel and one in Pebble:

  • An immaculate Mediterranean on Sonado with sweeping views over Stillwater Cove and the Lodge
  • A move-in ready Carmel home in the heart of the Golden Rectangle, a short stroll from both Ocean Ave and Carmel Beach

There are a few notable events around town this week:

  • Smuin Ballet Winter Program at the Sunset Center (3/8 at 8:00 & 3/9 at 2:00 pm)
  • Carmel Music Society presents Opera San Jose at the Sunset Center (3/10 at 3:00 pm)
  • Aubergine Presents Sauce Odyssey 1 – Seafood Cooking Class (3/13)
  • Supper Club at Cima Collina Tasting Room (3/14 at 6:30 pm)

Finally, Daylight Savings is upon us again… so don’t forget to move your clocks forward this Sunday at 2:00 am.

Best,

Mike, Lynn, and Jess.

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