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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

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.

Whalefest Monterey

Updated: Mar 7, 2019


Photo by Humberto Braojos on Unsplash

This weekend, the Monterey Old Fisherman’s Wharf Association presents the 9th Annual Whalefest Monterey. Events include a Symposium led by marine experts, several booths with ocean related activities, and fun and educational exhibits – all benefiting organizations which aim to inspire the public to protect and enjoy the Monterey Bay National Marine Sanctuary. Visit www.Montereywharf.com/event/whalefest-monterey-2019 for more information or to purchase tickets. Whether you’re participating in historic Old Town Monterey at Whalefest or enjoying the sunny weather as of late, we hope you have a great weekend! The local market experienced a slower week than last week, but activity remained steady with 4 closed escrows (2 in Pebble Beach, 2 in Carmel) and 5 new sales (3 in Pebble, 2 in Carmel). Below please find a recap from the week:


Pebble Beach rang in 2 closed escrows and 3 new sales this week. The top closed escrow was a newly constructed contemporary style home with ocean views near the Golf Academy (sale price: $7.5M, 5.7% off list price, DOM = 93). The other closing in Pebble was a partially updated contemporary home in Country Club West close to MPCC and Spanish Bay which sold after 2 days on the market (sale price: $1.199M, 7.6% off list price). There were also 3 new sales in the region this week, all of which are located in Central Pebble: a dated estate on an acre of lush gardens on the market for 5 months (list price: $2.75M, original list price: $3.5M), an updated traditional home near Spanish Bay, and a remodeled ranch style home which was on the market for almost a year (list price: $1.195M).


Carmel had a slightly quieter week with 2 closings and 2 new sales. Both of the closings this week were in Hatton Fields, and they consisted of a charming 1940’s-built home with valley views on the market for 3 months (sale price: $1.42M, 15.9% off original list price or 8.4% off most recent list price) and a vintage bungalow in need of TLC which closed at a 6.5% discount off list price at $935K (DOM = 100). Canning Properties Group is honored to represent the sellers of Lincoln 4 SW of 12th – a sophisticated cottage with detached guest unit just a few blocks from the beach and near town on the market for just 2 weeks (list price: $3.85M). The other new sale was a home with separate guest unit on a large oversized corner lot in Carmel Woods (list price: $1.798M).


There was no activity to report in Carmel Highlands or Quail/The Preserve this week.


Pebble Beach
  • CLOSED ESCROW: 3187 Cortez Road, Sale Price: $7.5M (5.7% off original list price), DOM = 93.

  • CLOSED ESCROW: 1047 The Old Drive, Sale Price: $1.199M (7.6% off list price), DOM = 2.

  • NEW SALE: 3961 Ronda Road, List Price: $2.75M (original list price = $3.5M), DOM = 154.

  • NEW SALE: 2904 Sloat Road, List Price: $1.249M, DOM = 159.

  • NEW SALE: 3005 Sloat Road, List Price: $1.195M, DOM = 319.

  • ACTIVE LISTINGS: 61 Homes (Country Club West = 12, Country Club East = 7, Central Pebble = 20, Lodge = 13, Upper Forest = 9), 22 Lots.

Carmel
  • CLOSED ESCROW: 3508 Lazarro Drive, Sale Price: $1.42M (15.9% off most recent list price or 8.4% off most recent list price), DOM = 88.

  • CLOSED ESCROW: 26029 Atherton Drive, Sale Price: $935K (6.5% off list price), DOM = 100.

  • NEW SALE: Lincoln 4 SW of 12th Street, List Price: $3.85M (original), DOM = 15.

  • NEW SALE: 3029 Lorca Lane, List Price: $1.798M, DOM = 10.

  • ACTIVE LISTINGS: 57 Homes (NW Carmel = 3, NE Carmel = 13, Golden Rectangle = 10, SE Carmel = 11, Carmel Point = 12, Hatton Fields = 8), 7 Lots.

Carmel Highlands
  • ACTIVE LISTINGS: 15 Homes (5 oceanfront), 6 Lots.

Quail Lodge/ Preserve
  • ACTIVE LISTINGS: Quail Lodge = 2 Homes, 2 Lots; Quail Meadows = 1 Home, 0 Lots; Preserve = 11 Homes, 46 Lots.




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