This year we give thanks for our wonderful community, the beautiful place we are fortunate to call home, and the family and friends we have been blessed with along the way. After a much-needed first rain of the season, the peninsula has been buzzing with fun, food, and festivities. As always, we’ve included a summary of sales from the week below (3 closings in Pebble Beach, 1 in Carmel, and 1 in the Highlands in addition to 1 new sale in Pebble, and 3 new sales in Carmel). Warmest wishes from the CPG family to yours!
All 3 closed escrows in Pebble this week were under the $3M mark: a bank-owned fixer with a 5,000 square foot skeleton sold for full price ($2.875M) after 1 week on the market, 10-year-old Mediterranean home in the Upper Forest region rang in at 2.7% off the list price (sale price: $1.8M, DOM = 52), and a remodeled 1950’s-era Ranch Style home sold for $1.5M, a 5.9% discount off the list price (DOM = 40). As far as new sales in Pebble, a dated remodel opportunity in the Upper Forest went into contract after over a year on the market (list price: $850K).
“Dove Cottage”, a cozy vintage 2 bed/2bath on Carpenter Street in Carmel sold for full price at $999K after 1 week on the market. The 3 new sales in Carmel included: a spacious luxury townhome unit in the heart of downtown Carmel (list price: $3.295M, DOM = 68), a quaint home on a quiet street with plenty of whimsical charm (list price: $1.45M, DOM = 17), and a charming space in Hatton Fields on a 10K sq. ft. lot which was on the market for less than 1 month (list price: $1.325M).
A dated partially remodeled home on coveted Ribera Road sold at the asking price of $2.5M after less than a week of activity. No further activity to report in Carmel Highlands, Quail, or the Preserve this week.