Car Week is Here

  • Canning Properties Group
  • 08/21/01

Car Week is in full swing and the town is rumbling with cars and people. We are still seeing a steady pace of new sales across the board, but only saw 2 closed escrows this week in Country Club West area in Pebble Beach. As always, a few highlights from the week below.

Pebble Beach had 2 closed escrows and 3 new sales this week. The top closed escrow was a Mediterranean style home in Country Club West designed by Clarence Tantau that closed at $3.2M (30% over asking price after just over a week on the market). The other closed escrow also came from Country Club West area – a remodeled home off Valdez Road that closed at $2.26M (1% off list price) with only 5 days on market. The top new sale was a new Contemporary build on Del Ciervo listed at $9.799. The other new sales included a single level remodeled ranch style home in Country Club West listed at $1.45M and a remodeled home in Country Club East listed at $1.25M.

Carmel saw 4 new sales this week- up 1 sale from last week. The top new sale came from Carmel Point- a frontline home that boasts views of Carmel River Beach listed at $3.75M. The other new sales included a cottage in the Rectangle listed at $2.449M, a charming cottage in Northwest Carmel listed at $1.299M, and a fixer in Hatton Fields listed $1.2M.

The Carmel Highlands had a steady week with 2 new sales with one coming from the oceanfront. The top new sale was a 1950’s Contemporary on the ocean listed at $5.3M. The other new sale was a contemporary with filtered ocean views listed at $1.749M.

Quail Lodge has one new sale this week- a single level home with views of the third green and completely redone in 2009 listed at $1.95M.

No news to report in Quail Meadows or the Santa Lucia Preserve this week.

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With over 30 years of experience in the Pebble Beach and Carmel markets, they know 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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