Carmel Art Festival En Plein Air


Photo by Rhondak Native Florida Folk Artist on Unsplash

This weekend we celebrate “En plein air”, or the art of painting outdoors at the 26th annual Carmel Art Festival.  The 3-day event showcases 60 artists specifically chosen for the festival including a “Sculpture in the Park” exhibit featuring several of Carmel’s local galleries.  Head over for a stroll in Devendorf Park to enjoy live music and art in a setting sure to invoke the creative mindset.  Admittance is free.  We hope you enjoy your weekend in Carmel; as always an update from this week’s real estate market below:

Pebble Beach had a quiet week, reporting no closed escrows and 1 new sale – a newly constructed warm Contemporary sited on the 7th green of Poppy Hills, which was on the market for 3 months (list price: $6.995M). 


Carmel continues to be on a hot streak with another productive week ringing in 7 closings and 1 new sale.  The top closed escrow was a Contemporary ocean view home in Carmel Point which sold for 9% off the most recent list price (or a 15% discount off the original list price) after almost a year on the market.  Canning Properties Group is honored to represent the buyer of a sophisticated Modern rebuild just a few blocks from Carmel Beach, which went into escrow within just a few days of hitting the market and closed for 1% off list price at $4.195M.  The remaining 5 closings this week in the region were: a recently built Mediterranean inspired cottage in the Golden Rectangle after 3 months on the market (sale price: $2.9M, 3% off list price), an updated Contemporary style 60’s build located off the beaten path (sale price: $2.225M, 3% off list price, DOM = 74), a remodeled vintage Modern farmhouse on an oversized lot in NE Carmel (sale price: $2.07M, 1% off most recent list price or 8% off original list price, DOM = 77), a renovated 1930’s built cottage on a quiet cul-de-sac in SE Carmel (sale price: $1.8425M, 1% off most recent list price or 7% off original list price, DOM = 18), and a remodel opportunity in NE Carmel which went into contract after 6 weeks on the market ($1.15M, 1% off most recent list price or 7% off original list price).  The lone new sale this week in Carmel was a vintage post adobe overlooking the Carmel River Lagoon in Carmel Point which previously fell out of escrow (list price: $2.995M, DOM = 77). 


There was 1 new sale in the Highlands this week – a recently built traditional ocean view home perched atop San Remo Road which went into contract after coming on and off the market over the past 2 years (list price: $2.795M).


Pebble Beach
  • NEW SALE: 22 Poppy Lane, Sale Price: $6.995M, DOM = 96.

  • ACTIVE LISTINGS: 73 Homes (Country Club West = 18, Country Club East = 7, Central Pebble = 26, Lodge = 13, Upper Forest = 9), 31 Lots.

Carmel
  • CLOSED ESCROW: 26314 Ocean View Avenue, Sale Price: $6.4M (9% off most recent list price or 15% off original list price), DOM = 289.

  • CLOSED ESCROW: Camino Real 2 NW of 4th, Sale Price: $4.195M (1% off list price), DOM = 5.

  • CLOSED ESCROW: Casanova & 10th, SW Corner, Sale Price: $2.9M (3% off list price), DOM = 93.

  • CLOSED ESCROW: 27030 Meadow Way, Sale Price: $2.225M (3% off list price), DOM = 74.

  • CLOSED ESCROW: 24777 Guadalupe Street, Sale Price: $2.07M (1% off most recent list price or 8% off original list price), DOM = 77.

  • CLOSED ESCROW: 9th 2 SW of Torres, Sale Price: $1.8425M (1% off most recent list price or 7% off original list price), DOM = 18.

  • CLOSED ESCROW: Guadalupe & 2nd, NE Corner, Sale Price: $1.15M (11% off most recent list price or 18% off original list price), DOM = 47.

  • NEW SALE: 26351 Camino Real, List Price: $2.995M, DOM = 77.

  • ACTIVE LISTINGS: 62 Homes (NW Carmel = 5, NE Carmel = 9, SW Carmel = 13, SE Carmel = 14, Carmel Point = 11, Hatton Fields = 10), 9 Lots.

Carmel Highlands
  • NEW SALE: 153 San Remo Road, List Price: $2.795M, DOM = 233.

  • ACTIVE LISTINGS: 17 Homes (6 Oceanfront), 5 Lots.

Quail / Preserve
  • ACTIVE LISTINGS: Quail Meadows = 3 Homes, 1 Lot.  Quail Lodge = 3 Homes, 0 Lots.  Preserve = 13 Homes, 40 Lots.



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ABOUT

With nearly 30 years of experience in the Pebble Beach and Carmel markets, the Canning team knows the market- both the openly listed and discreetly available inventory, Together with their associates they are uniquely qualified to offer the highest level of professionalism and service on the Monterey Peninsula.

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Mike Canning

831.596.1171

Jessica Canning

831.238.5535

Nic Canning

831.241.4458

Ellen Krausse

831.204.2204

Brian Keck

831.238.8730

Katie Kinsey

831.622.4837

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SIR DRE License Number: 899496, Mike Canning DRE#01004964, Jessica Canning DRE#01920034, Nic Canning DRE#01959355, Ellen Krausse DRE#02046046, and Brian Keck DRE#02070480.