AIM strives to promote youth mental health on the Monterey Peninsula through research, support, and awareness. This evening, from 5-8 PM at Sunset Center in Carmel, the organization will rally together to share entries to the 2018 AIM for Awareness Ad Contest. The winner will be selected tonight at the event and all proceeds benefit youth mental health. Please visit www.aimformentalhealth.org- to support this important cause. We look forward to seeing the moving, meaningful art created by local middle and high school students. As always, some activity from the week below:
Pebble had a quiet week and reported 1 closed escrow and 1 new sale. A Mediterranean-style home in Upper Forest went into escrow after about 6 weeks on the market (list price: $1.85M), and a nicely remodeled home in Country Club West sold for $1.4939M (6.3% off list price) after 150 days on the market.
In another productive week for Carmel, the region rang in 2 closed escrows and 4 new sales. The top closed sale was a historic home on 8th and Scenic in need of extensive renovating; worthy of note, this home sold for $1.7M above list price with multiple offers and was on the market for 1 week. The other closing was a 10-year-old cottage in NW Carmel, which sold for full ask at $1.495M after 5 days on the market. New sales included a vintage log cottage nestled in the redwoods near Jane Powers Walkway (list price: $2.749M, DOM = 158), a renovated English style home in NE Carmel on the market for 2 weeks (list price: $1.795M), a smaller 1950’s-built home in Carmel Point (list price: $1.598M, DOM = 138), and a cozy remodel opportunity in the rectangle on the market for 1 week (list price: $1.349M).
There was 1 new sale in Quail Meadows in addition to 1 new sale in Quail Lodge this week. Custom-built home on a 3.5-acre lot on Quail Meadows Drive went into contract after 9 months on the market (list price: $4.495M) as did a 70’s-build in need of updating with views of the 3rd green (list price: $1.858M). There was no movement to report in the Preserve this week.
The Carmel Meadows subregion, at the northernmost end of Carmel Highlands, has seen some activity as of late. A dated home on Ribera Road boasting views of the beach and river went into contract after less than a week on the market (list price: $2.5M).