Get revved up for the Monterey IndyCar Grand Prix this weekend! Premier open wheel races are hosted at Laguna Seca Raceway this Saturday and Sunday, September 21st & 22nd. Qualifications and Pit Stop Practices are held all day Saturday, then the final race occurs Sunday from 3:15-5:15PM. If you can’t make it, you’re able to view the broadcast schedule online at https://www.indycar.com/Schedule/2019/IndyCar-Series/Laguna-Seca. We had a steady tempo in the local real estate market with 8 total closings and 5 new sales in our subject regions. Ready, set, go have a great weekend!
There were no new sales in Pebble this week, but the region did report 4 closed sales. Closings included a beautifully remodeled Spanish Colonial estate on a large corner lot near MPCC (sale price: $3.6M, 10% off most recent list price or 14% off original list price, DOM = 107), an extensively renovated Tuscan inspired home in Country Club West which was on the market for just a week (sale price: $2.4M, 6% off list price), a dated ‘80’s build with views of Spyglass (sale price: $1.885M, 3% off list price, DOM = 27), and a tastefully renovated circa 1970’s home clocked in at $1.65M (6% off most recent list price or 13% off original list price, DOM = 57).
Carmel had a steady week with 4 closed escrows and 4 new sales. “Suite Cherub” - A picturesque Golden Rectangle cottage sold for 7% off list price ($2.195M) after 4 months on the market, a cozy vintage cottage in SE Carmel clocked in at $1.55M (6% off most recent list price or 18% off original list price, DOM = 255), a dated home with guest structure in the middle of the Golden Rectangle sold full price ($1.595M) after 2 days on the market, and a fixer in NE Carmel sold at 7% off list price ($1.025M) after 1 month on the market. New sales in Carmel this week included: a newly built oversized Craftsman style home in SE Carmel (list price: $2.65M (original: $2.795M) which was on the market for 3 months, an updated quintessential circa 1930’s cottage centrally located near the Carmel Mission (list price: $1.749M, original: $1.995M, DOM = 109), a vintage home featured in “Carmel’s Fairy Tale Cottages” with beautiful gardens in NE Carmel (list price: $1.495M, original: $1.595M, DOM = 372), and a dated home with opportunity on a large lot in NE Carmel with an ask of $1.348M (DOM = 41).
Canning Properties Group is honored to represent the new sale in the Preserve this week – a stunning Modern home on an oak studded lot with panoramic views of the Santa Lucia Mountains, which went into contract after just shy of a year on the market with a list price of $3.495M (original: $3.65M).
There were no closings or new sales to report in Quail or the Highlands this week.
CLOSED ESCROW: 3088 Valdez Road, Sale Price: $3.6M (10% off most recent list price or 14% off original list price) DOM = 107.
CLOSED ESCROW: 2869 Coyote Road, Sale Price: $2.4M (6% off list price), DOM = 7.
CLOSED ESCROW: 1204 Hawkins Way, Sale Price: $1.885M (3% off list price), DOM = 27.
CLOSED ESCROW: 1150 Arrowhead Road, Sale Price: $1.65M (6% off most recent list price or 13% off original list price), DOM = 57.
ACTIVE LISTINGS: 84 Homes (Country Club West = 21, Country Club East = 6, Central Pebble = 35, Lodge = 11, Upper Forest = 11), 32 Lots.
CLOSED ESCROW: Dolores 3 SW of 13th, Sale Price: $2.195M (7% off list price), DOM = 130.
CLOSED ESCROW: Santa Fe 2 NE of Mountain View, Sale Price: $1.555M (6% off most recent list price or 18% off original list price), DOM = 255.
CLOSED ESCROW: Casanova 2 SW of 9th, Sale Price: $1.595M (full price), DOM = 2.
CLOSED ESCROW: Torres 4 NW of 3rd, Sale Price: $1.025M (7% off list price), DOM = 35.
NEW SALE: Forest & 7th, NE Corner, List Price: $2.65M (original: $2.795M), DOM = 94.
NEW SALE: Mission & 13th, SE Corner, List Price: $1.749M (original: $1.995M), DOM = 109.
NEW SALE: 24675 Guadalupe Street, List Price: $1.495M (original: $1.595M), DOM = 372.
NEW SALE: 4th 2 NE of Lobos Street, List Price: $1.348M, DOM = 41.
ACTIVE LISTINGS: 95 Homes (NW Carmel = 17, NE Carmel = 24, SW Carmel = 13, SE Carmel = 14, Carmel Point = 17, Hatton Fields = 10), 9 Lots.
ACTIVE LISTINGS: 28 Homes (9 Oceanfront), 6 Lots.
Quail / Preserve
NEW SALE: 3 Holding Field Run, List Price: $3.495M (original: $3.65M), DOM = 325.
ACTIVE LISTINGS: 3 Homes, 1 Lot. Quail Meadows = 6 Homes, 1 Lot. Preserve = 13 Homes, 47 Lots.