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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CONTACT

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

© 2020 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 International Realty, Inc.

 

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.

The Quail Motorcycle Gathering


Photo by Rafael Lopes de Lima on Unsplash

This weekend over 300 motorcycles will be on display at the Quail Lodge & Golf Club.  Featuring some of the world’s finest and most rare collections of motorcycles, tickets to the event include lunch and a viewing of vintage and modern motorcycles in addition to free parking and a gear valet service.  The gathering takes place from 10:00AM-4:00PM on Saturday and admission is $95 at the gate.  Which bike do you think will take the trophy for Best in Show?  Below please find a market update brought to you by CPG.  Have a great weekend!

The lone closing in Pebble Beach this week was a dated French Country style home in Country Club West, which went into escrow after a 1 week on the market and sold full price for $1.649M.  There were 4 new sales in Pebble: a 5K square foot home on over an acre near the Equestrian Center (list price: $5M, DOM = 0/off market), an upgraded vintage Ranch style home near MPCC (list price: $1.495M, DOM = 7), a similar product also close to the Country Club which was on the market for 2 days (list price: $1.295M), and a condominium in the Upper Forest region (list price: $699K, original list price: $730K, DOM = 70). 


Carmel had 2 closings this week – “Tid Bit” in the Golden Rectangle sold for 3% off list price at $2.32M after 10 days on the market and a European inspired cottage on an oversized lot clocked in at $2.1175M (4% off original list price or 2.5% off most recent list price, DOM = 179).  The 5 new sales included a recently built Mediterranean in the Golden Rectangle (list price: $2.995M, DOM = 93), a classic board and batten cottage located 3 blocks from the beach on the market for less than 2 weeks (list price: $1.895M), an oversized major remodel in SE Carmel (list price: $1.87M, DOM = 18), a renovated vintage home on a double lot in NE Carmel (list price: $1.595M, DOM = 16), and a dated cottage in NE Carmel (list price: $1.45M, DOM = 145). 


There was 1 new sale in the Highlands: a vintage ocean view beach house backing Highway 1 which was on and off the market for the past year (list price: $1.998M).  There were no closings in the Highlands, nor were there new sales or closed escrows in Quail or the Preserve. 

Pebble Beach
  • CLOSED ESCROW: 2924 Sloat Road, Sale Price: $1.649M (full price), DOM = 7.

  • NEW SALE: 1263 Sombria Lane, List Price: $5M, DOM = off market.

  • NEW SALE: 2904 Sloat Road, List Price: $1.495M, DOM = 7.

  • NEW SALE: 1043 Ocean Road, List Price: $1.295M, DOM = 2.

  • NEW SALE: 35 Shepherd’s Knoll, List Price: $699K, DOM = 70.

  • 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: Casanova 3 NW of 9th, Sale Price: $2.32M (3% off list price), DOM = 10. 

  • CLOSED ESCROW: Guadalupe 5 SE of 7th, Sale Price: $2.1175M (4% off original list price or 2.5% off most recent list price), DOM = 179.

  • NEW SALE: Casanova & 10th, SW Corner, List Price: $2.995M, DOM = 93.

  • NEW SALE: Camino Real 4 SW of 13th, List Price: $1.895M, DOM = 11.

  • NEW SALE: 9th 2 SW of Torres, List Price: $1.87M, DOM = 18.

  • NEW SALE: Carpenter 4 NW of 6th, List Price: $1.595M, DOM = 16.

  • NEW SALE: Lobos 4 NW of 3rd, List Price: $1.45M, DOM = 145.

  • 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: 120 Yankee Point Drive, List Price: $1.998M, DOM = 19.

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

Quail / Preserve
  • ACTIVE LISTINGS: Quail Meadows = 3 Homes, 1 Lot.  Quail Lodge = 4 Homes, 0 Lots.  Preserve = 13 Homes, 40 Lots.



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