The Top of Market at Pebble Stays Strong

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After a 5 month drought of $6M+ sales in Pebble this year, we have seen several big deals pop recently including the closed sale of 1480 Padre this week for $7.6M and a new sale at 1601 Sonado that was listed for $8.95M. Joining the list of new sales in Pebble was a recently remodeled home on Viscaino that had been on the market for over 3 years listed for $2.05M and a fixer down on Bird Rock listed for $900K. The other closed sale in Pebble was a condo on Ocean Pines that sold for $589K.

Carmel also had three new sales and two closed sales this week. The new sales included a smaller cottage on Carmel Point listed for $1.55M, another fixer on Lincoln and 13th listed for $1.295M, and a mid-century modern fixer on the Carmel Point side of Santa Lucia that was listed for $1.399M. The closed sales included a very clean Mediterranean overlooking the Mission up on Franciscan that closed for $3.8M and a vintage house on a double lot on Carmel Point that sold for $2.7M.

There are quite a few events taking place around town this week. Here are a few highlights:

5/9-5/11: American Le Mans Monterey at Laguna Seca

5/10: Carmel Music Society presents Lydian String Quartet at All Saints’ Church

5/10-5/12: Music at Bistro Beaujolais

5/11: Sunset Presents: New York Gilbert & Sullivan Players: “The Mikado

5/15: Aubergine Presents: Pate Sucree (tart dough) Cooking Class

5/16: Carmel Art Festival & Sculpture in Devendorf Park

5/17-5/19: Monterey Bay Aquarium presents Cooking for Solutions

 

Best,

Mike, Lynn & Jess.