Otter Cove/Yankee Point
The prestigious neighborhood of Otter Cove/Yankee Point in Carmel Highlands is home to impressive oceanfront estates whose elegance and presence are as breathtaking as their dramatic ocean views. These magnificent homes are located along Yankee Point Drive where they nestle into the rugged coves bluffs and cliffs, many enjoying private beach access. The neighborhood is located south of Point Lobos along the Pacific with the neighborhood of Malpaso and Hwy 1 to its eastern border. Situated on significantly large lots, homes here possess privacy, gorgeous natural surroundings and unparalleled vistas.
There are currently 5 homes actively on the market in this neighborhood, they range in price from 7.499 million for a dramatic residence perched above 2 breathtaking sandy inlets featuring 3 bedrooms, 2.5 bathrooms with 3,612 SqFt of living space on 1.14 acres to 2.525 million for a 3,270 SqFt home with spectacular Ocean views with 3 bedrooms, 3 bathrooms on almost a half acre lot . For all available Carmel real estate, click here.
Historical Market Information
In 2015, 4 homes sold in this neighborhood. The most expensive home sold for 8.7 million for a 3900 SqFt Oceanfront residence with 4 bedrooms, 3.5 bathrooms on 2 acres. The least expensive home sold for 1.75 million for a newly renovated 4 bedroom, 3 bathroom craftsman style home with panoramic views, 2,158 SqFt of living space on alomst a half acre lot.
In 2014, 5 homes were sold in the Otter Cove/Yankee Point neighborhood. The most expensive home sold for 7,288,888 for 4 bedrooms, 3 full, and 2 half bathrooms, 6,402 SqFt of living space on a 34,916 SqFt lot. The least expensive home sold for 3.2 million with 3 bedrooms, 2 bathrooms with separate guest house, 1, 864 SqFt on a 44,588 SqFt lot.
In 2013 7 homes sold in this neighborhood. The most expensive home sold for 3.8 million for a 3 bedroom, 2.5 bathroom, 2,715 SqFt ranch style home on .812 acres. The least expensive home sold for 1.050 million for a 2 bedroom, 2.5 bathroom single story home with Ocean views, 2,093 SqFt of living space on .41 acres.
4 homes sold in this neighborhood in 2012. The most expensive sold for $4.85 million with 4 bedrooms, 3 bathrooms, had 3,539 SqFt of living space and was situated on almost an acre lot. The least expensive home sold for $700,000. This 3 bedroom, 2 bathroom home had 1,808 SqFt of living space and was situated on a 19,084 SqFt lot.
To live in Otter Cove/Yankee Point in Carmel is to live the luxury coastal lifestyle. South of the bustling vibrancy of Carmel-by-the-Sea you will find a sense of peace along the dramatically beautiful coastline in a neighborhood of the highest quality and exclusivity. From your home windows you can experience the ever changing scenery, crashing waves and sunsets and take a stroll along the beach to encounter amazing sea life, birds and foliage. You are truly at one with nature here and you will never tire of the endless adventures to be had along the coast from hiking and cycling to capturing postcard images through your camera lens. While you may feel removed from the hustle and bustle in your private sanctuary, world class golfing, dining, shopping and entertainment are only a short drive away. Enjoy the charming sophistication of Carmel-by-the-Sea and the world renowned golf courses and resorts in nearby Pebble Beach. Don’t forget Monterey is also in your backyard and a wealth of history with a walk down Cannery Row or a visit to the incredible Monterey Bay Aquarium. Your home in Otter Cove/Yankee Point will be a treasured gathering place for friends and family and a spectacular place to create memories for a lifetime.