Carmel Realty Company AT&T Pro-AM 2014 Homes for Sale

Real Estate Sales | Vacation and Long Term Rentals | Special Events A Cornerstone in Luxury Real Estate for Over 100 Years carmelrealtycompany.com | 831.622.1000

Oceanfront Overlooking Cypress Point | www.3145SeventeenMileDrive.com

Sweeping Views from Sonado | www.1559SonadoRoad.com Carmel Bay Views on Coveted Crespi Lane | www.1668CrespiLane.com

FOR THE BEST IN PEBBLE BEACH & CARMEL

Pebble’s Prized 14th Hole | www.3372SeventeenMileDrive.com

Mike Canning | 831.596.1171 | mike@mikecanning.com | www.canningknoop.com Lynn Knoop | 831.596.4726 | lynn@carmelrealtycompany.com Jessica Canning | 831.238.5535 | jessica@canningknoop.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

Ocean View Country Estate | www.8025CarmelValleyRoad.com

Sweeping Views from Sonado | www.1559SonadoRoad.com Panoramic Valley Views | www.7903CarmelValleyRoad.com

FOR THE BEST IN PEBBLE BEACH & CARMEL

Pelican Cove | www.102YankeePoint.com

Mike Canning | 831.596.1171 | mike@mikecanning.com | www.canningknoop.com Lynn Knoop | 831.596.4726 | lynn@carmelrealtycompany.com Jessica Canning | 831.238.5535 | jessica@canningknoop.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

Sweet Retreat in Carmel | www.Mission8SEof8th.com

Charming weekend cottage | www.Casanova2NEof9.com

FOR THE BEST IN PEBBLE BEACH & CARMEL

Ocean View Lots, Close to the Lodge | www.PadreLaneLots.com

One of Quail’s Few True Riverfront Properties | www.8036PoplarLane.com

Mike Canning | 831.596.1171 | mike@mikecanning.com | www.canningknoop.com Lynn Knoop | 831.596.4726 | lynn@carmelrealtycompany.com Jessica Canning | 831.238.5535 | jessica@canningknoop.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

PEBBLE BEACH | 4 Bed, 4 Full & 1 Half Bath | $4,995,000 | www.2987-17MileDrive.com

CARMEL | 4 Bed, 4 Full & 1 Half Bath | $2,195,000 | www.7024ValleyKnoll.com

CARMEL | 6 Acres, Horse Property | 3 Bed, 2 Bath | $2,350,000 | www.BestCarmelHorseProperty.com

Chris Pryor 831.229.1124 | chris@carmelrealtycompany.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

Community Market Report

Specializing in Pebble Beach

As October ends and we “fall back,” our days are shortened and the air begins to chill, we also approach what we typically refer to as the end of the high season for real estate.

Active listings in Pebble Beach increased slightly from 81 in September to 83 in October. We continue to see the majority of active listings in the $12M price range with 27, again making up about 33% of the Pebble Beach market as seen in September.

Most significant was a decrease in Pending transactions from 15 in September to only 9 at the end of October, approximately a 40% drop! This decrease is likely a reaction to the increased mortgage rates, which reached a 2-year high as well as the government shut down. The decrease in Pebble Beach was mostly in properties under $2M with the higher priced homes decreasing only very slightly from 4 to 3 from September.

Sold properties changed very little from 11 in September to 10 in October. Four sold under $1M and 5 sold in the $1M to 2M range. Only 1 property sold above $1.84M in Pebble Beach, which represented 10% of the sales in October. Three of the 10 properties sold for their full asking price and all but 1 within 10% of the asking price. Another 3 of the 10 sold within 3 weeks of hitting the market and all but 1 sold in less than 5 months. Properties listed over $5M represented roughly 25% of the listings, but 0% of the sold and sale pending properties.

Some interesting transactions include…

• 3974 Ronda Road, a 3 bedroom, 3 full and 3 half bath, 4,424 sq. ft. home originally listed for $3.9M in 2012 was ultimately reduced by $2.101M to a list of $1.799M and went in to escrow in October as part of a short sale.

• 3301 17 Mile Drive, #13 closed on October 10th for $4M after only 18 days on the market. Discreetly situated above The Lodge, this exclusive 3 bedroom, 3 bath, 2951 sq. ft. Pebble Beach Townhouse was all about location and beautiful ocean and golf course views. I represented the sellers in this transaction, which is my 13th transaction representing buyers and sellers in this highly sought after location.

Peter Butler 831.277.7229 DRE #01222453

october 2013

Active

Pending

Sold

Less than $1,000,000

11

3

4

$1,000,000–$2,000,000

27

3

5

$2,000,000–$3,000,000

14

2

0

$3,000,000–$5,000,000

11

1

1

$5,000,000–$10,000,000

10

0

0

$10,000,000 and over

10

0

0

Total

83

9

10

As always please feel free to contact me with any questions or to discuss real estate here in Pebble Beach or the Monterey Peninsula. My website is www.peterbutlerproperties.com and my email is peterbutler@carmelrealtycompany.com

Peter Butler lives, works and plays in Pebble Beach!

PEBBLE BEACH | 4 Bed, 4 Full & 1 Half Bath | $4,200,000 | www.3106Flavin.com

CARMEL VALLEY | 4 Bed, 3 Bath | $2,975,000 | www.8VistaLadera.com

PEBBLE BEACH | 3301 17 Mile Drive #19 | 3 Bed, 3 Bath | $2,450,000 | www.PBTownhouse19.com

PEBBLE BEACH | 2930 Bird Rock | 5 Bed, 4 Bath | $2,595,000 | www.2930BirdRockRoad.com

Peter Butler 831.277.7229 | peterbutler@carmelrealtycompany.com www.peterbutlerproperties.com | BRE #01222453 A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

PEBBLE BEACH | 2.75 Acres | Ocean Front Golf View Estate | $16,900,000 | www.StillwaterCoveEstate.com

CARMEL | NE Corner of Carmelo & 13th | 4 Bed, 4 Full & 1 Half Bath | $6,950,000 | www.CarmeloAnd13th.com

Peter Butler 831.277.7229 | peterbutler@carmelrealtycompany.com www.peterbutlerproperties.com | BRE #01222453 A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

PEBBLE BEACH | 4 Bed, 4 Full & 1 Half Bath | $8,600,000 | www.15thFairwayPebble.com

PEBBLE BEACH | 5 Bed, 5 Full & 2 Half Bath | $12,800,000 | www.3235Macomber.com

PEBBLE BEACH | 5 Bed, 5 Full & 2 Half Bath | $11,000,000 | www.1248Padre.com | Co-Listed with Lynn Knoop

Vicki & Bill Mitchell 831.277.3105 | vicki@carmelrealtycompany.com Shelly Mitchell Lynch 831.277.8044 | shelly@carmelrealtycompany.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

CARMEL | 27.13 Acres | 25600 Via Malpaso | $3,600,000 | www.NaturalBeautyTehama.com

PEBBLE BEACH | 3 Bed, 2 Bath | $1,285,000 | www.2964Colton.com

CARMEL VALLEY | Main House: 4 Bed, 4 Full & 2 Half | Guest House: 2 Bed, 2 Bath | $6,750,000 | www.5447QuailWay.com

PEBBLE BEACH | 4 Bed, 4 Bath | $3,975,000 | www.1272Padre.com

Vicki & Bill Mitchell 831.277.3105 | vicki@carmelrealtycompany.com Shelly Mitchell Lynch 831.277.8044 | shelly@carmelrealtycompany.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

CARMEL POINT | 2465 Bay View | 3 Bed, 2 Full & 1 Half Bath | $3,500,000 | www.2465BayView.com

CARMEL-BY-THE-SEA | SW Corner 4th & Santa Rita | 4 Bed, 4 Full & 1 Half Bath | www.4thAndSantaRita.com

CARMEL POINT | 4 Bed, 4 Full & 1 Half Bath | $3,295,000 | www.26290ValleyView.com

CARMEL-BY-THE-SEA | 2 Bed, 2 Bath | $2,195,000 | www.SECSanAntonioAnd11th.com

Lisa Talley Dean | 831.521.4855 | lisa@carmelrealtycompany.com | www.Dean-Duchesne.com Mark Duchesne | 831.574.0260 | mark@carmelrealtycompany.com | www.Dean-Duchesne.com

A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

CARMEL POINT | 4 Bed, 3 Full & 1 Bath | $2,795,000 | www.2798-14thAve.com

CARMEL POINT | 2779 15th Ave | 3 Bed, 2 Full & 1 Half Bath | $2,295,000 | www.2779-15th.com

CARMEL-BY-THE-SEA | 3 Bed, 2 Bath | $1,795,000 | www.Casanova3SEof4th.com

CARMEL-BY-THE-SEA | 3 Bed, 2 Bath | $1,795,000 | www.Casanova3SEof4th.com

Lisa Talley Dean | 831.521.4855 | lisa@carmelrealtycompany.com | www.Dean-Duchesne.com Mark Duchesne | 831.574.0260 | mark@carmelrealtycompany.com | www.Dean-Duchesne.com

A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

CARMEL | 3 Bed, 4 Full & 1 Half Bath | $3,900,000 | www.5462QuailWay.com

CARMEL | 4 Bed, 3 Full & 1 Half Bath | $3,650,000 | www.26294Carmelo.com

Sarah Bouchier 831.601.5483 | sarah@carmelrealtycompany.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

CARMEL | 3 Bed, 1 Full & 1 Half Bath | $1,199,000 | www.24681Guadalupe.com | Listed By: Pat Ward

PEBBLE BEACH | 5 Bed, 5 Full & 1 Half Bath | $2,595,000 | www.1423RiataRoad.com | Listed By: Mary Bell

Pat Ward | 831.236.2268 | pat@carmelrealtycompany.com Mary Bell | 831.595.4449 | marybell@carmelrealtycompany.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

COMING SOON | MONTEREY | Ocean Views | 3 Lots | $1,795,000 | www.FranklinMonterey.com

SOLD | CARMEL | List Price: $ 3,995,000

SOLD | CARMEL | List Price: $1,800,000

Mary Stocker 831.595.2401 | mary@carmelrealtycompany.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

CARMEL | 3 Bed, 2 Bath | $2,595,000 | www.UniqueCaminoReal.com

CARMEL VALLEY | 3 Bed, 4 Bath + Guest House | $1,795,000 | www.59EGarzas.com

Courtney Jones 831.233.4839 | courtney@carmelrealtycompany.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

CARMEL HIGHLANDS | 4 Bed, 3 Full & 1 Half Bath | $5,495,000 | www.106YankeePoint.com | Co-Listed By: Shelly Lynch

CARMEL | 4 Bed, 4 Bath | $2,795,000 | www.Dolores9thCarmel.com | Co-Listed By: Chris Pryor

CARMEL VALLEY | 4 Bed, 3 Bath | $1,595,000 | www.26670PanchoWay.com

Dana Bambace 831.224.6353 | dana@carmelrealtycompany.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

Live & Golf in Sunshine!

Nicklaus Club Monterey in the Gated Community of Pasadera

CARMEL-BY-THE-SEA | 2 Bed, 2 Bath | $2,195,000 | www.SECSanAntonioAnd11th.com

COMING TO MARKET SOON | 421 ESTRELLA DORO

SOLD | 399 ESTANCIA

SOLD | 304 BELLADERA COURT

Susan Freeland 831.594.2327 | susan@carmelrealtycompany.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

CARMEL-BY-THE-SEA | 3 Bed, 2 Bath | $1,795,000 | www.NEGuadalupe6th.com

CARMEL VALLEY | 5 Bed, 5 Full & 2 Half Bath | $1,495,000 | www.7066ValleyGreens.com

CARMEL | 4 Bed, 4 Full & 2 Half Bath | $1,295,000 | www.3367-SeventhCarmel.com

CARMEL HIGHLANDS | 3 Bed, 2 Bath | $3,950,000 | www.42YankeePoint.com

CARMEL-BY-THE-SEA | Camino Real 5 SE of 8th | 3 Bed, 2 Full & 2 Half Bath | $1,550,000 | www.TorresHouse.com

Bobbie Ehrenpreis 831.915.8010 | bobbie@carmelrealtycompany.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com

Experience the Finest Inventory of Rental Homes in Carmel and Pebble Beach

2 and 3 Bedroom Beach Houses on Carmel Beach

3-8 Bedroom Oceanfront Estates

5 Bedroom Golf Estate on Pebble Beach Links

Luxury Rentals and Sales Shelly Mitchell Lynch

831.277.8044 | shelly@carmelrealtycompany.com A Cornerstone in Luxury Real Estate for 100 Years | www.carmelrealtycompany.com