Tim Allen Properties/Herald Winter/Spring 2018

TIM ALLEN P RO P E R T I E S WINTER/SPRING 2018

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PERFECT HOME

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

Carmel $6.995M -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 2017 in the Peninsula’s most coveted neighborhoods.

The Pebble Beach Company lots are available with Phase I parcels remaining & Phase II properties now available for showing.

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

ocean-view properties The Monterey Peninsula offers a wide variety of ocean view properties from Monterey, Pacific Grove, Pebble Beach, Carmel, the Carmel Highlands and south to the wild Big Sur coast.

Ocean views off the Central Coast are enhanced by a rich abundance of marine life.

Views vary from colorful sail boats, classic fishing boats and sea lions on Monterey Bay, Pebble Beach’s Cypress tree lined coast with migrating whales just off shore, Carmel’s white sandy beach out to Carmel Bay with sea otters and sea birds frolicking in the surf, and to dramatic views of Big Sur’s rocky coast line to the south with basking harbor seals and crashing waves.

Tim has sold numerous oceanfront and ocean view properties over the years and has acquired insight and knowledge about the advantages and value attributable to each of these unique markets.

Buyers looking for oceanfront and ocean view homes will benefit from Tim’s in-depth understanding of the area.

CARMEL HIGHLANDS 157 Spindrift Road | Iconic California modern masterpiece oceanfront estate with sweeping views of Point Lobos and beyond and featured in the movie Basic Instinct. | $16,995,000 T IMA LLE N PROPE RT IE S.C OM/1 5 7 SPIN D RIFT

Inset:

CARMEL 26405 Scenic Road | A generous corner lot, 3-bedroom, 3-bath, home located on Carmel Point with front line views of the dramatic Carmel River Beach, Carmel Bay, and Point Lobos beyond. | $6,895,000 TIMALLENPROPERTIES.COM/26405SCENIC

o ce a n v i ew p ro p e r t i e s

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CARMEL 566 Aguajito Rd | A modern masterpiece offering stunning views & world-class design. | $9,995,000

CARMEL 26077 Scenic Rd | Front-line ocean view home on Carmel Point just steps to Carmel Beach. | $11,950,000

TIMALLENPROPERTIES.COM/566AGUAJITO

TIMALLENPROPERTIES.COM/26077SCENIC

CARMEL 2444 Bay View Ave | Comfortable home with roof-top deck & one block to Carmel Beach. $2,995,000

CARMEL 520 Loma Alta Rd | Custom designed home on fenced 5.5 acres offers stunning panoramic views of the Monterey Bay. | $3,999,000

TIMALLENPROPERTIES.COM/2444BAYVIEW

TIMALLENPROPERTIES.COM/LOMAALTA

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CARMEL HIGHLANDS 112A Yankee Point Dr | Oceanfront home with spacious indoor/outdoor living. $3,195,000

CARMEL Carmelo 4 SW OF 11th | Charming Carmel cottage with beautiful views of Carmel Beach and bonus downstairs living space. | $3,995,000

TIMALLENPROPERTIES.COM/112AYANKEEPOINT

TIMALLENPROPERTIES.COM/CARMELOAND11TH

CARMEL 2436 Bay View Ave | Mediterranean with plans for a remodel and one block to Carmel Beach. $2,995,000

PEBBLE BEACH 1451 Riata Rd | Stunning custom home with views from every room. | $9,900,000 TIMALLENPROPERTIES.COM/1451RIATA

TIMALLENPROPERTIES.COM/BAYVIEW o ce a n -v i ew p ro p e r t i e s

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carmel properties From quaint Carmel cottages nestled amongst the pines and cypress trees to beachfront estates and homes, Tim Allen has long understood the nooks and crannies of all the Carmel neighborhoods.

From Carmel Village to The Point, from Carmel Woods to the Meadows, this is where Tim thrives.

Throughout the time he has spent in Carmel he has restored a historic Carmel landmark, known as “Seastone�, purchased countless homes for renovation, and has handled more Carmel transactions than any other agent.

Clockwise from Top Left: CA RM E L O & 13TH | Craftsman-style home master fully upgraded and sited on an oversized double lot just two blocks to the beach. | $7,995,000 T I MAL L E N PRO PE RT I E S.C O M /C A R M E LO SCENIC 2.5 NW OF 8TH | Historic 2-bed, 2-bath cottage just steps to Carmel Beach. | $6,500,000 T I MAL L E N PRO PE RT I E S.C O M /S C E NI C A ND 8 TH 25965 JUNIPER O ST | Comfortable and updated Mid-Centur y Modern home with spacious backyard. $1,650,000 T I MAL L E N PRO PE RT I E S.C O M /J U N I P E R O 2508 16TH AVE | European-style home located on a quiet Carmel Point street with 3 bedrooms and 2.5 baths. | $3,295,000 T I MAL L E N PRO PE RT I E S.C O M /1 6 TH AV E 26334 CARMELO STREET | Exceptional new Carmel Point home with fine attention to detail and views of the Santa Lucia Mountains. | $8,495,000 T I MAL L E N PRO PE RT I E S.C O M /C A R M E LO A N D1 6 TH

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3311 SAN LUIS AVE | Open concept home with views featuring high-beamed ceilings, a gourmet kitchen, elevator, and separate guest quarters.| $2,895,000

GUADALUPE 3 SE OF 7TH | Charming English-style cottage with 3 bedrooms, 2 baths just a stroll to town. $1,695,000

T I M AL L E N PRO PE RT I E S.C O M /S A N LU I S

TIMALLENPROPERTIES.COM/GUADALUPE

26056 M E SA D R | Located on a quiet street in Hatton Fields, this elegant, 3-bedroom, 3-bath home has been tastefully updated. | $2,249,000

EIGHTH AVE 2 SE OF MONTE VERDE Generously-sized Golden Rectangle home with ocean views from the master. | $2,175,000

TIMALLENPROPERTIES.COM/MESA

TIMALLENPROPERTIES.COM/8THAVE

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4 OAK KNOLL WAY | Light and bright Carmel home with four spacious bedrooms, including two master suites. | $1,795,000

SAN CARLOS 3 SE OF 7TH | Unique is the only way to describe this fantastic 2-unit residence in the heart of Carmel-by-the-Sea. | $4,750,000

TIMALLENPROPERTIES.COM/4OAKKNOLL

T IMA LLE N PROPE RT IE S.C OM/SA N C A RLOSA ND7TH

ESQUILINE LOT AT CARMEL VALLEY RD | Zoned for commercial and residential development. | $1,050,000 TIMALLENPROPERTIES.COM/ESQUILINELOT

89 YANKEE POINT DR | Spacious, 3-bedroom, 3-bath home with ocean vistas from nearly ever y room. $2,195,000 TIMALLENPROPERTIES.COM/89YANKEEPOINT ca r m e l p ro p e r t i e s

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pebble beach properties Pebble Beach, with miles of pristine coastline, hundreds of acres of protected forest, world class golf, dining, and accommodations...is an arrival point, a playground, a retirement opportunity, the perfect second home location, the ultimate lifestyle. Tim is no stranger to the area where he grew up; world famous Pebble Beach. With its challenging golf courses, towering pine forests, dramatic ocean views, and the prestigious resorts at The Lodge and Spanish Bay; everything that you could want is here. Throughout Tim’s childhood he lived with his family in a beautiful Mediterranean home on Seventeen Mile Drive. He attended high school locally at Robert Louis Stevenson, an excellent college prep school near Spyglass Golf Course. If this sounds like the place for you, then come and see all that Pebble Beach has to offer and maybe it will be the next place you call “home”.

TOP TO BOTTOM: 1531 RIATA R OAD | This classic Mediterranean is built on 1.6 acres with views of Point Lobos, Stillwater Cove and the Pacific. | $7,950,000 TIMALLENPROPERTIES.COM/RIATAROAD 32 POPPY LANE | Presenting an exciting and stylish new 4,600+ square foot golf course frontage home with walls of glass on the 7th fairway of Poppy Hills Golf Course. $7,749,000 TIMALLENPROPERTIES.COM/32POPPYLANE

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1143 POR QUE L ANE | This hacienda-inspired home is located on the second hole of Cypress Point Golf Club and features striking views of the golf course, Seal Rock, and the Pacific horizon. | $7,950,000 T I M AL L E N PRO PE RT I E S.C O M /P O R Q U E L A NE

2900 OAK KNOLL RD | Eco-chic contemporar y fourbed four-bath home near 17 Mile Dr. | $3,499,000 T I M AL L E N PRO PE RT I E S.C O M /O A K K NO L L

2947 17 MILE DR | Classic Pebble Beach ranch-style 3 bedroom 2 bath home with views of the Pacific and conceptual drawings for a new home. | $1,975,000 T IMA LLE N PROPE RT IE S.C OM/OLD SE VE N T E E N MILE

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the

MARKET REPORT

The areas of Carmel, Carmel Valley, Pebble Beach and Carmel Highlands, with all their varied offerings, continue to be popular markets for people seeking a weekend respite as well as a full-time home to enjoy the many attractions of the Monterey Peninsula. The overall market remains healthy and there has been a slight uptick in sales activity in the latter portion of 2017 compared to the same period in 2016. Combined sales volume for the communities mentioned above was $589,248,436 in the second half of 2017, an increase of 5.4% from the second half of 2016 and the median sales price was $1,210,000, compared to $1,207,000 in 2016.

The number of combined sales for this region totaled 351 in the final two quarters of 2017, an increase of 27 sales versus the same period in 2016. The price per square foot also increased to $769 in the second half of 2017, versus $729 over the same period in 2016. Lastly, the median days on market fell 9 days, to 47, in the second half of 2017 compared to 2016.

Turning our attention to the Carmel market, we found that the sales volume in the final two quarters of 2017 substantially outpaced that of 2016, at $332M versus $279M, respectively. The median sales price in Carmel in the last two quarters of 2017 was $1,260,000, up from $1,185,000 during the same period in 2016. There were 199 sales in Carmel in the second half of 2017, an increase of eight sales compared to the same period in 2016. The price per square foot increased to $871 in the second half of 2017, up from $775 in the second half of 2016. The median days on market rose to 53 in the last two quarters of 2017, an increase of ten days compared to the same period in 2016.

Tim Allen Properties remains dedicated to providing our clients with the best service available to both successfully market and sell property as well as identify unique buying opportunities on the Monterey Peninsula. We finished out 2017 on a strong note, participating in 57 transactions totaling $156M in sales volume, far outpacing our production in 2016. The market remains active and we are cautiously optimistic as we move through 2018.

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

An opportunity the likes of which we haven’t seen in decades…prime residential parcels in Pebble Beach...are available for sale and they are moving. We have ‘carved out’ truly the finest sites for individuals looking to create their own personal masterpiece in a setting and community that is rapidly becoming world-renowned.

Phase I lots are a stone’s throw to the Poppy Hills Golf Course clubhouse and the critically acclaimed restaurant, Porter’s in the Forest, this is your own personal country club. The lots that are available for sale: two in Poppy 1, and eight in Poppy 2, are limited and a must-see. For more information on the remaining Phase I lots as well as Phase II lots available for showing now, please visit our website.

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1407 VISCAINO RD, LOT 2 | Just off the 12th green & offers panoramic views across the back nine. | 1 Acre $1,100,000

1455 LISBON CT, LOT 10 | Crown jewel of Poppy 2 with premier size and golf course views. | 1.56 Acres $1,700,000

THEPEBBLEBEACHLOTS.COM/POPPY-2-LOT-2

T HE PE BBLE BE A C HLOT S.C OM/POPPY-2 -LOT-1 0

1461 LISBON CT, LOT 11 | This generously sized lot is features views through a greenbelt to the 17th green and fairway. | 1.42 Acres | $1,400,000

1467 VISCAINO RD, LOT 12 | This corner lot offers great access and distant second-stor y views to the Southwest. 1.03 Acre | $950,000

THEPEBBLEBEACHLOTS.COM/POPPY-2-LOT-11

THEPEBBLEBEACHLOTS.COM/POPPY-2-LOT-12 ca r m e l p ro p e r t i e s

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TIM ALLEN

about

Special izing in high-end properties with Coldwell Banker Del Monte Realty, Tim has long been known as one of the most successful real estate agents on the Monterey Peninsula. A consistent award winner and ranked in the top 10 Coldwell Banker agents nationwide each year since 1997, he has earned his reputation for his integrity, ethics, and proven results.

Born and raised in the Pebble Beach/Carmel area, Tim has been a full time realtor for over 30 years. He combines passion, talent, work ethic, a powerful network and teamwork to create a formula of success for thousands of clients. Tim has built his business with great care and attention to a single goal – his client’s total and complete satisfaction.

CARMEL Camino Real 2 NW of 8th | In the heart of Carmel is this master fully created like-new, 3-bedroom, 3.5-bath dream home with fine attention to details and single-level living potential. | $4,395,000 T I M AL L E N P RO PE RT I E S.C O M /C A M I N O R E A L A ND 8 TH ON THE COVER: 2848 SANTA LUCIA AVENUE | Enjoy spectacular views of Carmel River Beach, Point Lobos and the Pacific Ocean from all main rooms in this masterfully-built ocean view home. Co-list with Canning Properties Group $6,995,000 T I M AL L E N P RO PE RT I E S.C O M /S A NTA LU C I A

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.