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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

Natalie Pitschke

831.521.7363

Brian Keck

831.238.8730

© 2019 Canning Properties Group of Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s Intentional Realty, Inc.

 

SIR DRE License Number: 899496, Mike Canning DRE#01004964, Jessica Canning DRE#01920034, Nic Canning DRE#01959355, Ellen Krausse DRE#02046046, Natalie Pitschke DRE# 02041776, and Brian Keck DRE#02070480.

First Tee Championship at Pebble Beach

Updated: Mar 7, 2019


Photo by Peter Lewicki on Unsplash


The 15th Annual First Tee Championship sponsored by Pure Insurance encourages and motivates young people by pairing juniors with golf leaders. One of 10 national First Tee opportunities, the Pure Insurance Championship at Pebble Beach runs through the weekend and is sure to be an inspirational event. Canning Properties Group wishes you a nice weekend. As always, below please find a recap showing our market activity:


This week was a quiet one across the board in our sub-regions, and there were no new sales or closed escrows to report in Pebble Beach.


Carmel rang in 2 closings and 2 new sales. A newly constructed European style estate on the southeast edge of the Golden Rectangle closed escrow for $3.6M (7.7% off list price and 32.7% off original list price) after 1 year on the market. The other closing was a 70’s-built partially updated ocean view home in Carmel Point which was listed for 16 months (sale price: $3.375M; 10% off list price). New sales included a remodeled cottage in NW Carmel near Pescadero Canyon on the market for just one week (list price: $2.395M) and a cozy updated 1950’s era Ranch-style home in Carmel Point listed for $1.598M (DOM = 131).


Carmel Highlands reported one closing this week – a renovated oceanfront estate with separate guest quarters on famed Spindrift Road closed for $8.475M after 8 months on the market. The property was the backdrop for the iconic final scene in the film “Play Misty for Me”, starring Clint Eastwood. Worthy of note, this sold for a 3.1% discount off the reduced list price and 22.9% off the original price.


A condominium unit on Valley Greens Circle in Quail Lodge went into escrow this week after approximately 3 months on the market (list price: $895K). There was no activity to report in the Preserve this week.



Pebble Beach
  • ACTIVE LISTINGS: 90 Homes (Country Club West = 15, Country Club East = 11, Central Pebble = 24, Lodge = 19, Upper Forest = 21), 27 Lots.

Carmel
  • CLOSED ESCROW: 26026 Ridgewood Road, Sale Price: $3.6M (7.7% off list price), DOM = 367.

  • CLOSED ESCROW: 26398 Isabella Avenue, Sale Price: $3.375M (10% off list price), DOM = 506.

  • NEW SALE: Camino Real 7 NE of 4th Avenue, List Price: $2.395M, DOM = 8.

  • NEW SALE: 2689 Walker Avenue, List Price: $1.598M, DOM = 131.

  • ACTIVE LISTINGS: 57 Homes (NW Carmel = 8, NE Carmel = 9, SW Carmel = 10, SE Carmel = 6, Carmel Point = 11, Hatton Fields = 13), 7 Lots.

Carmel Highlands
  • CLOSED ESCROW: 162 Spindrift Road, Sale Price: $8.475M (3.1% off list price), DOM = 245.

  • ACTIVE LISTINGS: 23 Listings (6 Oceanfront), 7 Lots.

Quail Lodge/ Preserve
  • NEW SALE: 7026 Valley Greens Circle, #15, List Price: $895K, DOM = 109.

  • ACTIVE LISTINGS: Quail Meadows = 3 homes, 0 lots. Quail Lodge = 4 Homes, 2 lots. Preserve = 12 Homes, 37 Lots.





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