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Weekly Luxury Market Report for Carmel and Pebble beach Real Estate for July 23rd

July 23, 2015 by Nicole Leave a Comment

From the desk of Nicole Truszkowski, your Weekly Luxury Market Report for Carmel and Pebble Beach Real Estate for the week of July 23rd, 2015.

Carmel and Pebble Beach real estate markets continue to flourish with a hub of activity. You can definitely feel the buzz of excitement within the real estate community as we approach the Pebble Beach Concours D’Elegance. A dazzling luxurious ocean front Pebble Beach estate went live on the market this week, boasting a mere price tag of 35 million! See below for all the juicy details.

 

Pebble Beach Real Estate                        

3158 17 Mile Dr., Pebble Beach Courtesy of MLS
3158 17 Mile Dr., Pebble Beach
Courtesy of MLS

5 luxury listings hit the market in Pebble Beach this past week. As noted above, 3158 17 Mile drive hit the market with a substantial list price of 35 million. Hum what do you get for 35 BIG ONES: one of only 31 oceanfront properties that grace the 17 Mile drive, your own amazing private beach, and incredible architecture. This French Normandy estate sits on 2.35 acres and is nestled nicely between the Lone Cypress tree and the exclusive Cypress Point Golf Club. The last recorded sale for this home was in 1992 at 3.5 million. The sellers picked a great time to enter into the market, with a little less than 2 weeks to go until the big car show, I’m sure they will see a flurry of activity as the luxury buying tourists start to arrive.

There was 1 luxury Pebble Beach home that went pending last week and 2 homes closed escrow. Both homes that sold were within the 1 – 1.1 million range and spent less than 30 days on market.

Click on the link to search the most up-to-date information on available Pebble Beach homes for sale.

 

Carmel Real Estate

523 Loma Alta, Carmel Courtesy of MLS
523 Loma Alta, Carmel
Courtesy of MLS

The Carmel luxury real estate market featured 11 new listings this past week. One of note is a newly constructed home located on Loma Alta in the Jack’s Peak neighborhood. While the exterior home is complete, the interior is currently under construction and is advertised as being completed soon. The main house is 6600 sqft with a 1000 sqft caretakers unit and sits on 7 acres with views of Carmel Bay and Point Lobos. This could be a great opportunity for potential buyers who want to bypass the permit/construction phase but are interested in a blank canvas to put their personal stamp on. This home is currently listed for 6.25 million.

4 Carmel homes went pending this past week and saw 7 luxury home sales. A home on San Antonio with Ocean views sold for about 22.5% less than it’s original list price of 4.195 million. This home shot onto the market in January 2015 and 6 months later sold for 3.25 million, almost a million less than the ask price. Normally you see a house that is overpriced sit on the market for awhile, perhaps the sellers came to the hard realization that “no matter the location, if it’s priced too high your house wont sell” a lot quicker than other sellers and settled at a more realistic price point.

Click here to search the latest available Carmel homes for sale.

 

Quick Recap:

Activity on all fronts is picking up on the Monterey Peninsula, which only means good things for the Luxury Real Estate market. A lot of business’ in Carmel are trying to cash in on the car show frenzy, according to the Carmel Chamber of Commerce weekly update there will be a pop up café, Concours Café, on August 13th during the Tour d’Elegance, located on San Carlos between Ocean & 6th. This pop-up will be serving local brews from Alvarado Brewing Co and Peter B’s, as well as eats from Carmel Bakery. If you’ll be down on Ocean Ave checking out the cars you should definitely make a point to stop by.

That’s all for this week, stay tuned for next weeks update, until then, here’s what’s going on around town this weekend:

1. 7/23 – 8/1 – Carmel Bach Festival 

2. 7/23 – 7/26 – Feast of Lanterns, Pacific Grove

3. 7/25 – Lavender Day at Earthbound Farms

4. 7/26 – Moss Landing Antique Fair

Filed Under: Carmel CA Real Estate News, Carmel-by-the-Sea Market Reports, General Real Estate, Market Reports, Pebble Beach Market Reports Tagged With: Carmel Homes, Carmel Real Estate, Pebble Beach homes, Pebble Beach Real Estate

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October 2023 Market Snapshot for Carmel, Pebble Be October 2023 Market Snapshot for Carmel, Pebble Beach and Carmel Valley. 

Curious about selling or buying in this market, please don’t hesitate to reach out. Our team would enjoy the opportunity to earn your trust to become your real estate advisors. It would be our pleasure to provide you a higher-level analysis of your property. Contact us today! ⬇️

_________________________________
Truszkowski Freedman & Associates
Sotheby’s International Realty
3775 Via Nona Marie Suite 100
Carmel, CA 93923
📞: 831-250-3560
📧:team@truszkowskifreedman.com
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💫Nothing Compares 💫 Sotheby’s Internation 💫Nothing Compares 💫

Sotheby’s International Realty voted Best Real Estate Company by the Carmel Pinecone. 

We’re honored to work with this group of talented people. 
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Truszkowski Freedman & Associates
Sotheby’s International Realty
3775 Via Nona Marie Suite 100
Carmel, CA 93923
📞: 831-250-3560
📧:team@truszkowskifreedman.com
🌐:TruszkowskiFreedman.com
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SOLD OVER ASKING! Congratulations to the new owner SOLD OVER ASKING! Congratulations to the new owners of this pristine Del Monte Beach townhome. 

Curious about selling or buying in this market, please don’t hesitate to reach out. Our team would enjoy the opportunity to earn your trust to become your real estate advisors. It would be our pleasure to provide you a higher-level analysis of your property. Contact us today! ⬇️

_________________________________
Truszkowski Freedman & Associates
Sotheby’s International Realty
3775 Via Nona Marie Suite 100
Carmel, CA 93923
📞: 831-250-3560
📧:team@truszkowskifreedman.com
🌐:TruszkowskiFreedman.com
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 #carmelbythesea #estatesofcarmel #pebblebeach #pacificgrove #carmelvalley #montereypeninsula #realestate #carmelrealestate #pebblebeachrealestate #carmelhomes #pebblebeachhomes #sothebys #sothebyshomes #sothebysinternationalrealty #luxcoastalproperties #luxurycoastalproperties #luxuryproperties #luxuryrealestate #sothebyshomes #sothebysrealty #california #luxury #visitcalifornia
S O L D 💫 Congratulations to the new owners of S O L D 💫 
Congratulations to the new owners of this Ocean view home! We wish them a lifetime of memories! 

This special property didn’t last a week on the market and sold over asking! Curious about selling or buying in this market, please don’t hesitate to reach out. Our team would enjoy the opportunity to earn your trust to become your real estate advisors. It would be our pleasure to provide you a higher-level analysis of your property. Contact us today! ⬇️

_________________________________
Truszkowski Freedman & Associates
Sotheby’s International Realty
3775 Via Nona Marie Suite 100
Carmel, CA 93923
📞: 831-250-3560
📧:team@truszkowskifreedman.com
🌐:TruszkowskiFreedman.com
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 #carmelbythesea #estatesofcarmel #pebblebeach #pacificgrove #carmelvalley #montereypeninsula #realestate #carmelrealestate #pebblebeachrealestate #carmelhomes #pebblebeachhomes #sothebys #sothebyshomes #sothebysinternationalrealty #luxcoastalproperties #luxurycoastalproperties #luxuryproperties #luxuryrealestate #sothebyshomes #sothebysrealty #california #luxury #visitcalifornia #asilomarstatebeach #17miledrive
Your market. Our expertise. Explore Q3 real estate Your market. Our expertise. Explore Q3 real estate market trends on Sotheby’s International Realty’s new Monterey Bay interactive market update.

View the full report at the🔗in our bio. 

Curious about selling or buying in this market, please don’t hesitate to reach out. Our team would enjoy the opportunity to earn your trust to become your real estate advisors. It would be our pleasure to provide you a higher-level analysis of your property. Contact us today! ⬇️

_________________________________
Truszkowski Freedman & Associates
Sotheby’s International Realty
3775 Via Nona Marie Suite 100
Carmel, CA 93923
📞: 831-250-3560
📧:team@truszkowskifreedman.com
🌐:TruszkowskiFreedman.com
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Join Nicole this Saturday from 12-3pm to view this Join Nicole this Saturday from 12-3pm to view this spectacular Asilomar Dunes home. 4 bedrooms, 4.5 baths with almost 4,000 SqFt of living space with Ocean views! Located just a few blocks from famed 17 Mile Drive, this home was originally built in 1960 and taken down to the studs and rebuilt in 2006. Featuring stunning architectural design elements while maximizing ocean views from almost every home! 

398 Calle de Los Amigos, Pacific Grove. Listed for 5.9 Million. 

Contact us for details and/or visit the link in our bio for more details. 
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_________________________________
Truszkowski Freedman & Associates
Sotheby’s International Realty
3775 Via Nona Marie Suite 100
Carmel, CA 93923
📞: 831-250-3560
📧:team@truszkowskifreedman.com
🌐:TruszkowskiFreedman.com
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