Winter/Spring 2018

WINTER/SPRING 2018

f ind the

PERFECT HOME

View all of our properties currently for sale including our discreet listings.

3930 Ronda Road, Pebble Beach $15.95M -See Back Cover

the MARKET REPORT

THEPEBBLEBEACHLOTS .COM

about TIM ALLEN

Find out what the real estate market is doing with a summation of the last two quarters of 2018 in the Peninsula’s most coveted neighborhoods.

The Pebble Beach Company lots are available with Phase I parcels remaining & Phase II parcels released to the market in 2018.

A background on Tim Allen and his 30+ years of award-winning real estate experience on the Monterey Peninsula.

ocean view properties T he Monterey Pen insu la offers a w ide variet y of ocean v iew propert ies from Monterey, Pacif ic Grove, Pebble Beach, Carmel, Carmel H igh lands and sout h to t he w i ld Big Sur coast.

Ocean v iews off t he Cent ra l Coast are enhanced by a rich abu ndance of marine l ife. Views var y from colorfu l sa i lboats, classic f ish ing boats and sea l ions on Monterey Bay, Pebble Beach’s Cy press t ree l ined coast w it h m ig rat ing wha les just off shore, Carmel’s wh ite sandy beach out to Carmel Bay w it h sea otters and sea birds frol ick ing in t he surf, and to dramat ic v iews of Big Sur’s rocky coast l ine to t he sout h w it h bask ing harbor sea ls and crash ing waves.

Tim has sold nu merous oceanfront and ocean v iew propert ies over t he years and has acqu ired insight and k nowledge about t he advantages and va lue att ributable to each of t hese u n ique markets. Buyers look ing for oceanfront and ocean v iew homes w i l l benef it from Tim’s in-dept h u nderstand ing of t he area.

3200 17 MILE DR, PEBBLE BEACH | $25,000,000

Classic Sunset Point estate on 5.46 acres with views to Cypress Point to the north and Point Sur to the South with the adjacent 4 acre lot also available for $7,950,000 making it a once-in-alifetime opportunity to own acreage on the famed 17 Mile Drive 3200SeventeenMileDr.com

o c e a n - v i e w p ro p e r t i e s

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72 FERN CANYON ROAD, CARMEL HIGHL ANDS | $16,950,000

Masterpiece estate on 14 acres featuring a main house & three guest houses with ocean views, swimming pool, wine cellar, tennis court and more making it an ideal family compound or artist’s retreat 72FernCanyonRoad.com

164 SPINDRIFT RD, CARMEL HIGHLANDS | $11,000,000

26317 SCENIC ROAD, CARMEL | $6,495,000

Oceanfront home privately located in a cove featuring views of Point Lobos and the rocky coastline & a private beach

Oceanfront stone home on 7215 square foot corner lot with ocean views. Adjacent lot also available for $4.2M

164SpindriftRoad.com 4

T I M A L L EN PR O PER T I E S

26317ScenicRoad.com

3208 STILLWATER L ANE, PEBBLE BEACH | $16,900,000

Remodeled Mediterranean villa on the 16th fairway of Pebble Beach Golf Links walking distance to the Lodge & Beach Club featuring views of Stillwater Cove and Carmel Bay beyond | 3208stillwaterlane.com o c e a n - v i e w p ro p e r t i e s

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carmel & carmel valley properties From qua int Carmel cottages nest led amongst t he pines and cy press t rees to beachfront estates and homes, Tim A l len has long understood t he nooks and crann ies of a l l t he Carmel neighborhoods. From Carmel-by-t he-Sea to T he Point, from Carmel Woods to t he Meadows, t h is is where Tim t hrives. T hroughout t he t ime he has spent in Carmel he has restored a h istoric Carmel landmark, k nown as “Seastone”, purchased count less homes for renovat ion, and has hand led more Carmel t ransact ions t han any ot her agent.

Carmel Va l ley is a lso a reg ion Tim A l len k nows wel l being a long t ime resident of t he area. “ We love t he va l ley — ­­ t he warm, su nny weat her and beaut ifu l sett ing — and t he v i l lage is a big part of our l ives.” T he rea l estate offerings in Carmel Va l ley var y from vast va l ley v iew estates to qua int Carmel Va l ley Vi l lage homes, and ever y t h ing in bet ween.

TO P TO B OT TO M LEF T TO RI G HT:

CARMELO 4 SE OF OCEAN | $6,995,000

Grand beach house close to town on an 8000 sq ft lot with ocean views, 7 bedrooms, and wonderful outdoor living Carmelo4SEofOcean.com

SCENIC 2 NW OF 8TH | $6,495,000

Comfortable ocean view home with Carmel Beach as your backyard and approved plans for a new home

Scenic2NWof8th.com

26185 DOLORES ST | $3,595,000

Light & bright Midcentury-modern home on Carmel Point with views of Point Lobos & separate guest suite 26185Dolores.com

19 SLEEPY HOLLOW DR | $2,995,000

Italianate estate on 6 private acres, with sweeping views of the valley from all main rooms 19SleepyHollow.com 6

T I M A L L EN PR O PER T I E S

2ND 2 NW OF LOBOS | $1,895,000

Fully renovated single-level Mission-style Contemporary home with fine attention to detail 2nd2NWofLobos.com

3533 LAZARRO DR, CARMEL | $2,550,000

Renovated single-level Hatton Fields home featuring an open concept & views of the Santa Lucia Mountains 3533LazarroDr.com

34 RANCHO RD, CARMEL VALLEY | $2,695,000

One-of-a-kind rebuilt California Mission-style adobe on 1.4 acres enjoys peaceful views of the valley and surrounding hills with plenty of room to grow 34RanchoRoad.com 8

T I M A L L EN PR O PER T I E S

SAN CARLOS 3 SE OF 7TH UNIT 1 | $2,995,000

Carmel’s finest new 2-bedroom luxury condo in the heart of the village featuring a 2-car garage, elevator and unit 2 available for $1,895,000 1SanCarlos3SEof 7th.com | 2SanCarlos3SEof 7th.com

9TH 2 SE OF CAMINO REAL | $2,950,000

85 HIGH MEADOW L ANE | $1,095,000

Newly built Craftsman-style home in the Golden Rectangle featuring gourmet amenities & indoor/outdoor living

Fully renovated 3-bed, 3-bath residence in Carmel School District & conveniently located near everything the Peninsula offer

9th2SEofCaminoReal.com

85HighMeadowLane.com

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SAN CARLOS 4 SW OF 9TH | $3,495,000

Fully remodeled home in a convenient location across from Sunset Center featuring an open floor plan, fine attention to detail, & luxury finishes SanCarlos4SWof9th.com

6TH & SANTA FE SW CORNER | $2,100,000

Newly renovated home close to town with open-concept floorplan, peeks of ocean views, indoor/outdoor living & separate guest quarters

6thandSantaFeSWC.com 10

T I M A L L EN PR O PER T I E S

2730 SANTA LUCIA AVE | $3,895,000

Architecturally-stylish home on Carmel Point with fine finishes featuring views of Point Lobos & the Santa Lucia Mountains 2730SantaLuciaAve.com

2337 STEWART WAY, CARMEL | $4,895,000

Spacious beach house on Carmel Point steps to the ocean featuring peeks of Point Lobos, light & bright open-concept, & elegant landscaping 2337StewartWay.com

c a rm e l p ro p e r t i e s

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pebble beach properties Pebble Beach, w it h m i les of prist ine coast l ine, hundreds of acres of protected forest, world class golf, d in ing, and accommodat ions...is an arriva l point, a playg rou nd, a ret irement opport u n it y, t he perfect second home locat ion, t he u lt imate l ifest yle. Tim is no st ranger to t he area where he g rew up; world famous Pebble Beach.

Wit h its cha l leng ing golf courses, towering pine forests, dramat ic ocean v iews, and t he prest ig ious resorts at T he L odge and Span ish Bay; ever y t h ing t hat you cou ld want is here. T hroughout Tim’s ch i ldhood he l ived w it h h is fam i ly in a beaut ifu l Med iterranean home near Seventeen M i le Drive. He attended h igh school loca l ly at Robert L ou is Stevenson, an excel lent col lege prep school near Spyglass H i l l Golf Course. If t h is sounds l ike t he place for you, t hen come and see a l l t hat Pebble Beach has to offer and maybe it w i l l be t he next place you ca l l “home”.

22 POPPY L ANE | $6,995,000

Spectacular new Modern home designed by Sterling-Huddleson featuring the finest quality in construction. Built of warm natural materials such as stone, steel, & cedar with walls of glass that open to expansive patios overlooking Poppy Hills Golf Course, and the forest and sea beyond. Ideally located to the beaches, the Lodge and all the amenities the Peninsula has to offer.

22PoppyLane.com

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3892 RONDA ROAD | $4,950,000

Gated Craftsman-style home on 3/4 acre lot with beautifully landscaped gardens, guest house, and peeks of the Pacific close to the Pebble Beach Lodge

3892RondaRoad.com

1138 PORTOL A ROAD | $4,900,000

Grand & elegant French Colonial home on 3+ peaceful & private acres close to 17 Mile Drive and Cypress Point Golf Club 1138PortolaRoad.com 14

T I M A L L EN PR O PER T I E S

1278 PADRE L ANE | $4,695,000

Single-level Post Adobe home on a 1+ spacious, sunny & private acre lot near the Lodge featuring views of Point Lobos and beyond 1278PadreLane.com

3280 MACOMBER DRIVE | $5,800,000

One-of-a-kind Contemporary home on a spacious 3 acre lot in the exclusive Macomber Estates area of Pebble Beach built with sustainable materials and features views of Pescadero Point and beyond | 3280MacomberDr.com p e b b l e b e a c h p ro p e r t i e s

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1437 VISCAINO ROAD | $6,275,000

Be a part of the building process for this 5228 square foot Mediterranean-style home on Poppy Hills Golf Course featuring 5 bedrooms, library, covered loggia & more 1437ViscainoRoad.com

SAN BENANCIO “PASTURE’S OF HEAVEN

364 SAN BENANCIO ROAD, SALINAS | $2,895,000

California Mediterranean ranch set atop a knoll on 40 sprawling acres with vast mountain & distant sea views, 2-bedroom 2-bath guest house, barn & corral 364SanBenancioRd.com 16

T I M A L L EN PR O PER T I E S

the MARKET REPORT T he areas of Carmel, Carmel Va l ley, Pebble Beach, and Carmel H igh lands, w it h a l l t heir varied offerings, cont inue to be popu lar markets for people seek ing a weekend respite as wel l as a fu l l-t ime home to enjoy t he many att ract ions of t he Monterey Pen insu la. T he overa l l market rema ined hea lt hy w it h a sl ight upt ick in sa les act iv it y in t he second ha lf of 2018 compared to t he same period in 2017, at $577M and $556M respect ively. T he combined sa les in December 2018 fel l by a l most 50% compared to December 2017, likely a negative externality from t he recent stock market decl ine. T he med ian sa les price rose by more t han 10% , to just over $1.386M in t he second ha lf of 2018, compared to $1.241M in t he second ha lf of 2017.

T he number of sa les for t h is combined reg ion tota led 281 in t he last t wo quarters of 2018, a decrease of 48 sa les versus t he same period in 2017. T he average price per square foot experienced a sig n if icant increase to $843 in t he second ha lf of 2018 versus $763 over t he same period in 2017. Last ly, t he med ian days on market fel l 7 days, to 37, in t he second ha lf of 2018 compared to 2017.

Turn ing our attent ion to t he Carmel market, we fou nd t hat t he sa les volu me in t he last t wo quarters of 2018 was v irt ua l ly ident ica l to t he same period in 2017, at just short of $308M. T he med ian sa les price in Carmel in t he last t wo quarters of 2018 was $1,394,50 0, up from $1,270,0 0 0 during t he same period in 2017. T here were 164 sa les in Carmel in t he second ha lf of 2018, a decrease of 24 sa les compared to t he same period in 2017. T he average price per square foot ju mped to $934 in t he second ha lf of 2018, up from $864 in t he second ha lf of 2017. T he med ian days on market fel l to just 28 days in t he last t wo quarters of 2018, a decrease of 26 days compared to t he same period in 2017.

Tim A l len Propert ies rema ins ded icated to prov id ing our cl ients w it h t he best ser v ice ava i lable to bot h successfu l ly market and sel l propert y as wel l as ident if y u n ique buy ing opport u n it ies on t he Monterey Pen insu la. We f in ished 2018 w it h a record year, part icipat ing in 85 t ransact ions tota l ing over $30 0 M i l l ion in sa les volu me, far out pacing our product ion in 2017 and placing Tim aa t he #1 Coldwel l Banker rea ltor for Nort hern Ca l iforn ia.

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T H E PEB B LEB E AC H LOT S.CO M

A n opport un it y t he l ikes of wh ich we haven’t seen in decades…prime resident ia l parcels in Pebble Beach...are ava i lable for sa le and t hey are mov ing. We have ‘car ved out’ t r u ly t he f inest sites for ind iv idua ls look ing to create t heir own persona l master piece in a sett ing and commu n it y t hat is rapid ly becom ing world-renowned. Phase I lots are a stone’s t hrow to t he Poppy H i l ls Golf Course clubhouse and t he crit ica l ly accla imed restaurant, Porter’s in t he Forest. T h is is your own persona l cou nt r y club. Phase II was released last Spring and includes 23 parcels, var y ing in size from 0.5 -1 acre, a l l surround ing t he famed Spyglass H i l l Golf Course. For more informat ion on t he rema in ing Phase I lots as wel l as Phase II lots ava i lable for show ing now, please v isit our website, t hepebblebeach lots.com.

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T I M A L L EN PR O PER T I E S

1186 THE DUNES RD, LOT 8 | $2,500,000

1455 LISBON CT, LOT 10 | $1,700,000

Overlooking the 6th green at Spyglass Hill Golf Course this larger parcel also boasts generous frontage on the 7th fairway .95 Acre | TheDunesRoadLot8.com

Crown jewel of Poppy 2 with premier size and golf course views | 1.56 Acres | Poppy2Lot10.com

3167 STEVENSON DR, LOT 4 | $1,400,000 Generous course views of the 10th and 11th fairway of Spyglass Hill | .56 Acre | StevensonLot4.com

1062 SPYGL ASS WOODS, LOT 3 | $1, 350,000 Enjoy wooded views of the 13th fairway from this oversized private lot | .82 Acre | SpyglassWoodsLot3.com the pebble beach lots

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COLDWELL BANKER’S

2018

#1 Agent in Carmel #1 Agent in Silicon Valley/Santa Cruz #1 Agent Northern California #3 Agent in the United States Specia l izing in h igh-end propert ies w it h Coldwel l Banker Del Monte Rea lt y, Tim has long been k nown as one of t he most successfu l rea l estate agents on t he Monterey Pen insu la. A consistent award w inner and ranked in t he top 10 Coldwel l Banker agents nat ionw ide each year since 1997, he has earned h is reputat ion for h is integ rit y, et h ics, and proven resu lts.

Born and ra ised in t he Pebble Beach/Carmel area, Tim has been a fu l l t ime rea ltor for over 30 years. He combines passion, ta lent, work et h ic, a powerfu l net work and teamwork to create a formu la of success for t housands of cl ients. Tim has bu i lt h is business w it h g reat care and attent ion to a single goa l – h is cl ient’s tota l and complete sat isfact ion.

ON THE COVER: 3930 RONDA ROAD, PEBBLE BEACH | $15,950,000

European-inspired estate on 1.53 acres with beautifully manicured grounds, views of Point Lobos, outdoor kitchen, spacious wine cellar, game room with full wet bar, 2-bedroom 2-bath guest house, and so much more | 3930RondaRoad.com

T I M A L L E N CalBRE#00891159 c 831.214.1990 TI M A LLEN PRO PERTI ES.CO M ©2017 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity.

Each Coldwell Banker Residential Brokerage Office is Owned by a Subsidiary of NRT LLC. All rights reserved. This information was supplied by Seller and/or other sources. Broker believes this information to be correct but has not verified this information and assumes no legal responsibility for its accuracy. Buyers should investigate these issues to their own satisfaction. Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor sales associates and are not employees of Coldwell Banker Real Estate LLC, Coldwell Banker Residential Brokerage or NRT LLC. CalBRE License # 01908304.