Tim Allen Properties Fall/Winter 2017

TIM ALLEN P RO P E R T I E S FA L L / W I N T E R 2 0 1 7

find the

PERFECT HOME

View all of our discreet listings along with properties that are currently available for sale.

the MARKET REPORT

THEPEBBLEBEACHLOTS.COM

about TIM ALLEN

Find out what the real estate market is doing with a summation of the first two quarter sales in the Peninsula’s most coveted neighborhoods.

The Pebble Beach Company lots are available with 11 Phase I parcels remaining and Phase II properties soon to hit the market.

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 select amount of ocean-view properties which spans from Monterey all the way down to Big Sur. One of these special places lies a few miles south of Carmel on scenic Highway One; the Carmel Highlands. If you are unfamiliar with the Highlands, it offers dramatic views of crashing waves, towering pine covered mountains, the famous Highlands Inn and Rocky Point Restaurant adjacent to pastoral cattle ranches and hiking trails. Tim is no stranger to this area and has sold numerous oceanfront and oceanview properties in Carmel, Pebble Beach, Big Sur, and of course the Highlands. He is familiar with all aspects of living in this very special area conveniently situated between pristine and majestic Big Sur and all the conveniences and attractions of Carmel. Even more, Tim is a believer in the area, proven by purchasing a 130-acre oceanfront ranch in famed Big Sur. He visits this piece of rare property every chance he gets. If you are looking for a unique oceanfront or ocean-view property, call Tim to benefit from the wealth of knowledge he has gained over the years.

CARMEL HIGHLANDS 157 SPINDRIFT RD | California modern masterpiece estate meets the Pacific Coast at dramatic Wildcat Cove. This 16-room, 12,000-square-foot residence features five bedroom suites, with six full and two half baths. | $25,000,000 T IMA LLE N PROPE RT IE S.C OM/1 5 7 SPIN D RIFT

Inset:

CARMEL CARMELO 3 SW OF 11TH | Steps from the beach and close to town is possibly one of Carmel’s finest homes. $6,950,000 HOMECB.COM/CARMELO

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CARMEL SCENIC 2.5 NW OF 8TH | Historic cottage with 2 bedrooms and 2 bathrooms just steps to Carmel Beach. | $6,900,000 HO M E C B. C O M / SC E N I C A N D8 TH

CARMEL 26263 SCENIC RD | Timeless Scenic home with vast ocean vistas of Carmel Bay and Pebble Beach. | $6,995,000

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

HOMECB.COM/SCENIC

HOMECB.COM/520LOMAALTA

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T I M A L L E N P R O PE RT I ES

CARMEL HIGHLANDS 89 YANKEE POINT DR | Three bedroom, three bath ocean-view Villa La Corniche on famous Yankee Pt. Drive. | $2,395,000 HOMECB.COM/89YANKEE

CARMEL 566 AGUAJITO RD | A modern masterpiece offering stunning views and world-class design. | $9,950,000 HOMECB.COM/566AGUAJITO

CARMEL HIGHLANDS 153 SAN REMO RD | New Construction 4 bedroom, 4.5 bath home with ocean views from every room. | $3,275,000 HOMECB.COM/SANREMO 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 beach-front estates and homes, Tim Allen has long learned the intimate knowledge of the nooks and crannies of all the various 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: 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 HOM E C B. C O M / SAN C A R LO S A ND 7 TH CARMELO & 13TH | Historically significant craftsman-style home master fully upgraded and sited on an oversized double lot just two blocks to the beach. | $8,349,000 T I MAL L E N PRO PE RT I E S.C O M /C A R M E LO CASANOVA 5 SE OF 13TH | Craftsman style home with three bedrooms and two baths plus guest house with only blocks from Carmel Beach and downtown Carmel by-the-Sea. | $2,395,000 HOM E C B. C O M / C A S A N O VA A N D13 TH FOREST 3 SW OF OCEAN | In the heart of Carmel is this master fully created like-new, 3-bedroom, 2-bath dream home. | $2,395,000 HOM E C B. C O M / F O RE S TA ND O C E A N

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T I M A L L E N P R O PE RT I ES

MONTE VERDE & 2ND NWC | This classic Carmel Cottage, in a quiet and convenient location a short stroll from town and beach, has been extensively upgraded with great attention to detail, adding modern convenience to its original charm and character. | $2,595,000 HO M E C B. C O M / M O N TE V E R D E

2508 16TH AV E | Located on a quiet street on Carmel Point, this elegant, 3-bedroom, 2.5-bath home has a unique French flair. | $3,595,000

JUNIPER O 4 NE OF 8TH | Sophistication, light and bright like-new cottage-style home steps away from the village. | $2,695,000

HOMECB.COM/16THAVE

HOMECB.COM/JUNIPEROAND8TH

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T I M A L L E N P R O PE RT I ES

EIGHTH AVE 2 SE OF MONTE VERDE Generously-sized Golden Rectangle home with ocean views from the master. | $2,395,000

2 SLEEPY HOLLOW DR | Come and enjoy the sun and the tranquility of Carmel Valley in the gated Sleepy Hollow community. | $1,895,000

HOMECB.COM/EIGHTHAVENUE

HOMECB.COM/2SLEEPYHOLLOW

SCENIC 6 SE OF 10TH | Mar Para Dos | 2 Bedroom & 2 Bath ocean-front home. | $4,500,000

SANTA RITA 2 SE OF 1ST | A charming Carmel Cape Cod featuring a double lot and open floor plan. $2,195,000

HOMECB.COM/SCENICAND10TH

HOMECB.COM/SANTARITA 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”.

LEFT TO RIGHT: 1284 PORTOLA RD | Spacious one-acre gated Manorstyle estate just blocks from The Lodge at Pebble Beach. $3,475,000 HOME C B.C OM/1 2 8 4 PORTOLA 1153 RIATA R OAD | “ Casa Margarita” Built on 1.6 acres with views of Point Lobos, Stillwater Cove and the Pacific, this 6,600+ square foot Mediterranean is a true classic. | $7,950,000 HOMECB.COM/1531RIATA 1143 POR QUE L ANE | Located on the second hole of Cypress Point Golf Club with striking views of Seal Rock and the Pacific horizon is this classic Mediterranean home. | $9,000,000 HOME C B.C OM/1 1 4 3 PORQU E

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32 POPPY LANE | Presenting an exciting and stylish new 4,600+ square foot golf course frontage home on the 7th fairway of Poppy Hills Golf Course. | $8,188,888

2947 17 MILE DR | Classic Pebble Beach ranch-style 3 bedroom 2 bath home with views of the Pacific and plans for a new home. | $1,975,000

HOMECB.COM/32POPPY

HOME C B.C OM/OLD SE VE N T E E N MILE

3143 PATIO DR | Renovated single-level Pebble Beach home just blocks from the renowned Monterey Peninsula Country Club. | $1,560,000

25 POPPY LANE (LOT 14) | The planning and design have begun on this 3,000+ sf home in this exciting new Pebble Beach neighborhood. | $975,000

HOMECB.COM/PATIO

HOME C B.C OM/2 5 POPPY LA N E

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T I M A L L E N P R O PE RT I ES

T H E PEB B LEB E AC H LOT S.CO M Following the successful rollout of the Phase I parcels, we are delighted to announce the upcoming sale of the Phase II lots. These 25 estate parcels will be coming on the market this year, including the much anticipated Indian Village parcels along the world renowned Spyglass Hill Golf Course. This famed course designed by Robert Trent Jones, Sr. has been the setting for golfing drama for 50 years.

T H EPEB B LEB E ACH 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 nine in Poppy 2, are limited and a must-see. For more information on the remaing Phase I lots as well as Phase II scheduled to come out later this summer, please visit our website.

SOME OF THE AVAILABLE LOTS ARE FEATURED BELOW POPPY 2 1461 LISBON COURT :: LOT 11 1.42 Acres • $1,400,000

1455 LISBON CT :: LOT 10 1.56 Acres • $1,700,000

3971 RONDA RD :: LOT 13 1.19 Acres • $1,150,000

33 POPPY LN :: LOT 10 1.04 Acres • $1,100,000

31 POPPY LN :: LOT 11 1.01 Acres • $1,200,000

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. There continues to be good activity in these markets so far in 2017, albeit a bit less than 2016 during the same duration. In these locations, the sales volume in the first two quarters of 2017 was $485 million, down 3.2% from the first two quarters of 2016 and the median sales price was $1.275 million, an increase over the first two quarters of 2016.

The number of combined sales for this region totals 299, down slightly from 2016 and the price per square foot was $720 in 2017, again down slightly from 2016. The median days on market stayed the same at 42 days.

Concentrating on the Carmel market, we found that the sales volume in the first two quarters of 2017 slightly outpaced that of 2016, at $319M against $314M, respectively. The median sales price in Carmel in 2017 is $1.28M, up from $1.19M in 2016.

There were 192 sales in Carmel in the first two quarters of 2017, an increase of four sales compared to the same period in 2016. The price per square foot fell slightly in 2017, down to $839 from $849.

The median days to sell in 2017 was 54 days, an increase of 7 days compared to 2016.

Tim Allen Properties remains dedicated to helping clients achieve their goals as they relate to real estate. So far in 2017, we’ve been able to take part in 39 transactions for a total of $109M in sales, an increase of 15 transactions and $38M in volume from the same period in 2016. We remain cautiously optimistic as we forge ahead into the last two quarters of 2017.

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TIM ALLEN P RO P E R T I E S

CalBRE#00891159 c 831.214.1990 TI MALLE N PRO PE R TI ES .CO M #1 Coldwell Banker Agent in Nor-Cal #3 CB Agent Nationally & Internationally

about

TIM ALLEN

Specializing 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 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.

©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.