Spring 2016

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SPRING 2016 09 BOOK THE CARMEL MARKET Find out what the real estate market is doing with a list of YTD sales in Carmel’s most coveted neighborhoods. TIM ALLEN A short background on Tim Allen and his 28+ years of real estate experience on the Monterey peninsula. AND MORE .... THEPEBBLEBEACHLOTS.COM Phase I lots offered by Pebble Beach Company are available with 15 left to purchase. All lots are located on the back and front nine of the newly renovated Poppy Hills Golf Course. FIND THE PERFECT HOME With pages of great properties to choose from your perfect home could be just a page flip away. View all our discreetly available listings along with properties that are currently available for sale. ISSUE# TIM ALLEN PROPERTIES Photo: Featured property 1231 Padre Lane, Pebble Beach. See page 23 for details.

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Tim Allen Properties

Transcript of Spring 2016

S P R I N G 2 016

09

BOOK

THE CARMEL MARKETFind out what the real estate market is doing with a list of YTD sales in Carmel’s most coveted neighborhoods.

TIM ALLENA short background on Tim Allen and his 28+ years of real estate experience on the Monterey peninsula.

AND MORE....

THEPEBBLEBEACHLOTS.COMPhase I lots offered by Pebble Beach Company are available with 15 left to purchase. All lots are located on the back and front nine of the newly renovated Poppy Hills Golf Course.

FIND THE PERFECT HOMEWith pages of great properties to choose from your perfect home could be just a page flip away. View all our discreetly available listings along with properties that are currently available for sale.

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T I M A L L E NP R O P E R T I E S

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“Tim Allen Properties Book” - Spring 2016

By: Tim Allen Properties

Design and Layout:

Melinda Szilagyi-Fortner :: [email protected]

Photography:

Melinda Szilagyi-Fortner :: [email protected]

Logan Allen :: [email protected]

[ Excluding copyrighted photos ]

Writers and Editors:

Jan WIlliams :: [email protected]

Carmel Market Data:

Source of data that was used for the Carmel market analysis was

provided by MLSListings Inc.

Copyright © 2016 Tim Allen Properties

All rights reserved. No part of this book may be reproduced or

transmitted in any form or by any means, electronic or mechanical,

including photocopying, recording, or by any information storage

and retrieval system without the written permission from Tim Allen

Properties. You may obtain copies, printed or electronic versions of

this book by request.

Printed in USA :: Spring 2016 Edition 01 31 16

About Pebble Beach Company 5

The Pebble Beach Lots 6

Featured Property 23

Oceanfront Properties 26

Carmel Properties 28

Carmel Highlands Properties 33

Pebble Beach Properties 35

Peninsula Properties 38

The Carmel Market 41

About Tim Allen 47

C O N T E N T S

ABOUT PEBBLE BEACH COMPANY

Pebble Beach Company, headquartered in Pebble Beach, CA, owns and operates

the world-famous Pebble Beach Resorts, including The Lodge at Pebble Beach,

The Inn at Spanish Bay, and Casa Palmero. The company also operates four world-

renowned golf courses: Pebble Beach Golf Links, Spyglass Hill Golf Course, The Links

at Spanish Bay, and Del Monte Golf Course. Its other famed properties include scenic

17-Mile Drive and The Spa at Pebble Beach, and it annually hosts premier events

such as the Pebble Beach Concours d’Elegance, AT&T Pebble Beach National Pro-Am,

Callaway Pebble Beach Invitational, Pebble Beach Food & Wine, and Nature Valley

First Tee Open at Pebble Beach. Site of the 2019 U.S. Open, Pebble Beach Golf Links

has hosted five U.S. Opens, four U.S. Amateurs, two U.S. Women’s Amateurs, one

PGA Championship, and numerous other tournaments.

PebbleBeach.com | Like us on FaceBook

pebblebeach.com 5

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A cul-de-sac of 16 one-plus acre lots on

the back nine of Poppy Hills Golf Course

across from the Club House entrance,

offering fairway and forested views. All are

in close proximity to The Lodge at Pebble

Beach, The Beach and Tennis Club and

The Spa at Pebble Beach. All lots are

located on Poppy Lane with only 5 lots

remaining for purchase.

P O P P Y 1

23 POPPY LANE :: LOT 15Approx. 1.03 acres • $950,000

6 thepebblebeach lots .com

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3 3 P O P P Y L A N ELOT 10 :: Near the end of the cul-de-sac, this lot offers privacy as well as wooded views of the nearby 11th hole and greenside lake to

the South.

• Approx. 1.04 acres

• Offered at $1,100,000

8 thepebblebeach lots .com

3 5 P O P P Y L A N ELOT 9 :: Lot #9 is a sloping lot which provides long views over the 13th green to the immediate North, and forested views of the 11th and 12th holes

as well.

• Approx. 1.17 acres

• Offered at $1,295,000

thepebblebeach lots .com 9

3 1 P O P P Y L A N ELOT 11 :: The frontage of Lot #11 spans the length of the lake on the 10th hole and offers wide, open views of several holes and

Huckleberry Hill.

• Approx. 1.01 acres

• Offered at $1,200,000

2 9 P O P P Y L A N ELOT 12 :: Perched at the top of a slope, this lot sits just off the 10th fairway looking over the lake to a beautiful golf setting, Huckleberry Hill and sights of Monterey Bay in

the distance.

• Approx. 1.00 acre

• Offered at $1,200,000

P O P P Y 1 U P D A T E : : The lots are moving; with 12 lots that have either sold or are currently in escrow. Poppy 1

has 6 houses that are in the planning and permit ting process with story poles that have gone up on lots 2, 3, 5, 6 & 7 and architect

renderings are in place for lots 2, 3, 5 & 6. Designs for Poppy 1 lots 2, 3, 5, 6, 7,and 13 are currently making their way through the planning

process. Construction is anticipated for late summer and early fal l.Stop by for a glimpse of the future cool new community that is star ting

to take shape on Poppy Lane.

COMING SOON

LOT 3 :: 24 Poppy Lane

Alluring. Artistic. Inspired. Modern 3,948+/- square

foot 4 bedroom home with 4 full and 1 half

bath, near The Lodge.

COMING SOON

LOT 2 :: 22 Poppy Lane

Iconic. Inspired. Incom-parable. Modern 4,575+/-

square foot 4 bedroom home with 3 full and 1

half bath, near The Lodge.

10 thepebblebeachlots.com

P O P P Y 1 U P D A T E : : The lots are moving; with 12 lots that have either sold or are currently in escrow. Poppy 1

has 6 houses that are in the planning and permit ting process with story poles that have gone up on lots 2, 3, 5, 6 & 7 and architect

renderings are in place for lots 2, 3, 5 & 6. Designs for Poppy 1 lots 2, 3, 5, 6, 7,and 13 are currently making their way through the planning

process. Construction is anticipated for late summer and early fal l.Stop by for a glimpse of the future cool new community that is star ting

to take shape on Poppy Lane.

COMING SOON

LOT 6 :: 30 Poppy Lane

Contemporary 5,516+/- square foot main resi-dence with 4 bedrooms 4 full and a half bath and a 600 square foot guest house with distant ocean views.

COMING SOON

LOT 5 :: 28 Poppy Lane

Modern 6,288+/- square foot main residence with 4 bedrooms 4 full and 2 half baths and a 600 square foot guest house with forested views.

thepebblebeachlots.com 11

Sixteen one-plus acre lots on the front

nine of Poppy Hills Golf Course, offering

fairway and forested views. All are in close

proximity to The Lodge at Pebble Beach,

The Beach & Tennis Club, and The Spa at

Pebble Beach. The lots are located on

Viscaino, Ronda, and Lisbon Court, with 11

available to purchase and 3 coming soon.

P O P P Y 2

1401 VISCAINO ROAD :: LOT 1Approx. 0.81 acres • $685,000

12 thepebblebeach lots .com

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14 thepebblebeach lots .com

1407 V I SCA I N O ROA DLOT 2 :: Lot #2 is just off the 3rd green and offers panoramic views across

the front nine.

• Approx. 1.00 acre

• Offered at $1,100,000

1401 V I SCA I N O ROA DLOT 1 :: This lot features ideal Southwestern sun and is just a short drive to The Lodge and

Stil lwater Cove.

• Approx. 0.81 acre

• Offered at $685,000

thepebblebeachlots.com 15

1413 V I SCA I N O ROA DLOT 3 :: You can find true 180 degree views of the front nine from this sunny lot adjacent

to 4th tee box.

• Approx. 1.00 acre

• Offered at $1,300,000

1419 V I SCA I N O ROA DLOT 4 :: This lot looks up the 4th fairway and over to the 5th green all while offering more private golf

course frontage.

• Approx. 1.00 acre

• Offered at $1,300,000

1425 V I SCA I N O ROA DLOT 5 :: Situated along the 4th fairway, wooded golf course views create a sense of one’s own space as well offering wide

access to the course.

• Approx. 1.00 acre

• Offered at $1,200,000

16 thepebblebeach lots .com

1431 V I SCA I N O ROA DLOT 6 :: Lot #6 runs along the 4th hole approaching the first dogleg, providing filtered fairway views and a greenbelt buffer from

the course.

• Approx. 1.00 acre

• Offered at $1,200,000

1449 V I SCA I N O ROA DLOT 9 :: Lot #9 is an oversized corner lot which offers great design flexibility and golf course entré

approaching the 4th green.

• Approx. 1.31 acres

• Offered at $1,150,000

1455 L I S BO N CO U RTLOT 10 :: The crown jewel of Poppy 2 is this lot adjacent to the 4th green with premier size, arcing golf course frontage and views

down the long 4th hole.

• Approx. 1.56 acres

• Offered at $1,700,000

thepebblebeachlots.com 17

1461 L I S BO N CO U RTLOT 11 :: This substantially sized lot is found on the back-half of the 4th green and features views through a greenbelt to the 8th

green and fairway.

• Approx. 1.42 acres

• Offered at $1,400,000

1467 V I SCA I N O ROA DLOT 12 :: The corner lot in this new subdivision offers great access and distant second-story views to the

Southwest.

• Approx. 1.03 acres

• Offered at $950,000

18 thepebblebeach lots .com

3971 RO N DA ROA DLOT 13 :: Watch golfers finish out the hole from this lot running up to the 8th green of the brand new

Poppy Hills Golf Course.

• Approx. 1.19 acres

• Offered at $1,150,000

The 19th hole has long been a respite for weary golfers, a place to enjoy a cold beer and an assortment of fried foods while rehashing stories from the links. These days golf has exploded in popularity, with millions of new players from all age groups and walks of life. That surge combined

with the growing foodie culture has created a need for a completely different golf course dining experience.

Poppy Hills Golf Course in Pebble Beach has responded by transforming its old clubhouse café Porter’s Bar and Grill into a beautifully renovated restaurant called Porter’s in the Forest that includes a panoramic view of the Del Monte Forest, a re-imagined, farm-to-table menu, unique wine and cocktail lists, comfortable leather chairs, outdoor dining and fire pits.

Porter’s in the Forest is now a place where discriminating diners (golfers and non-golfers, locals and tourists) expect something deliciously different. Formerly the executive chef at high-end Casanova in Carmel, De Vivo calls his new cuisine “California Artisanal,” using local and regional products and making everything in-house. The menu is chockfull of creative fusion, such as De Vivo’s Korean Philly cheesesteak with house-made kimchi, and always includes carefully sourced ingredients, such as the Jidori chicken, an organic, cage-free, hormone-free bird known for

its robust flavor. Every menu item has De Vivo’s imaginative touch. Atop his salmon salad he sprinkles bacon “granola,” made by adding dehydrated milk powder to bacon fat to create a crumble with pine nuts and za’atar.

Porter’s serves breakfast (6 a.m - 10:45 a.m) lunch (11 a.m - 3 p.m) and a special twilight menu (3-7 p.m; 3-8 p.m. Fri.-Sat.). It ’s housed in a large but intimate dining room accented by vaulted ceilings and floor-to-ceiling windows that capture a show-stopping, panoramic view of the tree-studded Poppy Hills Golf Course.

Located at Poppy Hills Golf Course :: 3200 Lopez Road, Pebble Beach CA3 p.m. to Dusk, Sun. - Wed. | 3 p.m. to 7 p.m. Thurs. - Sat.Dining: 831.622.8240 | poppyhillsgolf.com/porters

W H E R E T O E A T

“We want the residents of Pebble Beach to feel like this is their restaurant,” Brad Shupe, general manager at Poppy Hills

thepebblebeachlots.com 19

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W H E R E T O G O L FNestled amidst the Monterey pines of Del Monte Forest on the Monterey Peninsula, Poppy Hills Golf Course first opened for play in 1986, and is the home of the Northern California Golf Association (NCGA). It was the first golf course in the United States to be owned and operated by an amateur

golf association. In addition to hosting numerous NCGA championships since its opening, Poppy Hills Golf Course co-hosted the AT&T Pebble Beach National Pro-Am with Pebble Beach Golf Links and Spyglass Hill Golf Course from 1991 through 2009.

Golf Digest has ranked Poppy Hills Golf Course among the top 20 courses in California, and it is only expected to improve with its recent $10 million restoration. In the words of its famed architect, Robert Trent Jones, Jr., “A golf course is a work in progress; it ’s really never finished. It is a living organism; it is constantly changing. The old Poppy Hills has great bones; for the refreshed Poppy Hills…we want to keep some of the character. For those people that have golfed at Poppy Hills for the past 25 years, they will feel familiar with some of the things.

Some things will be new. The routing, with the exception of 11 and 12, will remain the same, but we are softening some of the targets off the tees and trying to keep the shot-making—especially the approach shots into the greens—as challenging as they’ve always been.

She’ll be familiar to those who have played her before, but she’s got a new dress on and she’s very beautiful.” From the black tees (tips of the original design) several of the holes have been lengthened slightly. Others have been shortened some—most notably the 11th, reduced from a 210-yard par-3, to a tightly bunkered, 133-yard challenge with a long, well-bunkered green; and the 12th hole, which has been refined from an awkward dog-leg par-5 of 531 yards to a beautiful par-4 of 415 yards with an exceptional ocean view from the elevated tee.

With these changes, the new Poppy Hills Golf Course will be a par 71 of 6,646 yards (vs. the old par 72 of 6,863 yards) from the black tees. However, for the long hitters, there are new gold tees, back of the black tees, that will play to 7,069 yards. The old Poppy Hills Golf Course had a slope rating of 74.6/144 and the course record of 62 was set by Matt Gogel during the second round of the 2001 AT&T Pebble Beach National Pro-Am. The rating of the refreshed version of Poppy Hills and future records are yet to be set.

3200 Lopez Road, Pebble Beach CA831.622.8239 :: [email protected] thepebblebeach lots .com

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P H A S E I :: NOW AVAILABLE

P H A S E I I :: COMING IN 2017

P H A S E I I I :: COMING IN 2017 - 2018

P H A S E IV :: COMING IN 2019 - 2020

Check our website THEPEBBLEBEACHLOTS.COM to get updated information as it becomes available to the public. Please contact Tim Allen if you should have any questions

or inquiries about any of the upcoming phases.

thepebblebeach lots .com 21

F E A T U R E DP R O PE RT Y

1 2 3 1 P A D R E . C O M

“Iconic Architecture Comes to Pebble Beach”

For one fortunate dreamer, the pursuit of true comfort

and absolute uniqueness may well have come to a most

satisfying finale. This stunning 11,000-plus square foot

ultra-contemporary home offers sweeping ocean and

sunset views from virtually every room. Sited on a spacious

1.7 acre parcel, the setting is truly incomparable. Offering

four bedrooms, five full and three half baths, media room,

wine cellar, 3-car garage, two family rooms an elevator

plus two, 1-bedroom guest houses. Come, tour this

incredible residence, feel the quality, take in the views

and enjoy the home and see where…..Iconic Architecture

Comes to Pebble Beach.

featu red proper t y 23

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1231 PADRE LANEPebble Beach • $22,000,000

D E F I N I N G F E A T U R E S

Most significant design feature of the home is

that it was designed on a radius.

This allows for the orientation of rooms to

take advantage of the sweeping views from

Davenport across the Monterey Bay to the

Big Sur Lighthouse.

Large volume ceilings allow for larger windows

bringing into the house the views. Because

of the radius design it creates an embracive

entry experience allowing the building to

wrap around you.

The materials are high quality.

Floors are Jerusalem Pearl Stone and wide

plank White Oak. Cabinets are rift cut white

oak. Windows are custom made in Europe

using white oak frames. Appliances are top of

the line from Wolf, Sub-Zero and Meile.

Plumbing fixtures are from Hans-Grohe.

The window are pre-wired for window coverings.

featu red proper t y 25

26 oceanf ront p roper t ies

OCEANFRONT

P R O P E R T I E S

oceanf ront p roper t ies 27

CARMEL

Sitting directly on Carmel Beach with panoramic views of Carmel Bay and Point Lobos beyond.

$13,950,000

7SANDANDSEA .COM

Co-Listed: CANNING PROPERTIES GROUP CalBRE#70010029SOTHEBY’S INTERNATIONAL REALTY

CARMEL H IGHLANDS

Sited on a waterfront parcel you can enjoy your closest neighbor...the vast Pacific.

$5,395,000

36240HW Y1.CBRB.COM

28 carmel p roper t ies

C A R M E L

PROPERTIES

CARMEL

A newly constructed 2-unit residence in the very heart of Carmel.

$4,995,000

SANCARLOS.CBRB.COM

carmel p roper t ies 29

30 carmel p roper t ies

CARMEL

Both an exquisite contem-porary and a classic on an oversized Carmel lot.

$2,595,000

DOLORES.CBRB.COM

CARMEL

Classic cedar-shingle and Carmel Stone cot-

tage, let there be no doubt…this is Carmel.

$1,799,900

J U N I PE R O.C B R B .CO M

carmel p roper t ies 31

CARMEL

Opportunity is knocking as we offer for sale…pure potential in Carmel.

$1,295,000

26123ATHERTON.CBRB.COM

CARMEL

Fully remodeled French-Country home in Carmel with Point Lobos & Pacific views.

$3,495,000

2784PRADERA.CBRB.COM

32 carmel p roper t ies

CARMEL

A stunning half-acre, view-parcel in the Carmel foothills, a place to bring

your dreams.

$565,000

24790OUTLOOK.CBRB.COM

CARMEL

Restored to near per-fection, a home that is

truly....a piece of Carmel’s romantic past.

$3,595,000

LOSABUELOSCARMEL.COM

Co-Listed: CANNING PROPERTIES GROUP CalBRE#70010029SOTHEBY’S INTERNATIONAL REALTY

carmel h igh lands p roper t ies 33

H IGHL ANDS

PRO PERT I ES

CARMEL H IGHLANDS

Spectacular ocean-view home in the Highlands

under construction, a dream come true.

$3,495,000

153SANREMO.CBRB.COM

34 carmel h igh lands p roper t ies

CARMEL H IGHLANDS

Frank Lloyd Wright inspired stairway to heaven high atop Carmel Highlands.

$5,575,000

150CORONA.CBRB.COM

pebble beach proper t ies 35

PEBBLE BEACH

PRO PERT I ES

36 pebble beach proper t ies

PEBBLE BEACH

Built of steel, glass, con-crete and sustainable

woods this home is truly a work-of-art.

$3,499,000

2900OAKKNOLL.CBRB.COM

PEBBLE BEACH

Classic Mediterranean on MPCC’s Shore Course…

your very own Pebble Beach treasure.

$4,995,000

1075MARCHETA.CBRB.COM

pebble beach properties 37

PEBBLE BEACH

Ocean views along 17-Mile Drive near The Lodge…this is truly, Mid-Century Magic.

$8,750,000

331317MILE.CBRB.COM

PEBBLE BEACH

Exceptional property of-fers privacy and views of Carmel Bay and beyond.

$22,000,000

3177DELCIERVO.COM

Co-Listed: CANNING PROPERTIES GROUP CalBRE#70010029SOTHEBY’S INTERNATIONAL REALTY

P E N I N S U L A

PRO PERT I ES

38 pen insu la p roper t ies

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CARMEL VALLEY

Gated Country retreat with guesthouse & artist ’s studio in sunny Carmel Valley.

$3,495,000

20SCARLET T.CBRB.COM

CARMEL VALLEY

You too can l ive in…Carmel Val ley ’s true lap of luxury.

$3,395,000

QUAILMEADOWS.CBRB.COM

40 pen insu la p roper t ies

CARMEL VALLEY

Views of Pebble Beach and Carmel from your own private mountain

ridge.

$1,195,000

THEPRESERVELOT.CBRB.COM

MONTEREY

The best of both worlds, l ive and make

a l iving both on the same property.

$1,088,000

B I T ROA D.CB R B .CO M

COMING SOON // PEBBLE BEACH :: This iconic 1.3 acre Pebble Beach property offers a 5 Bdr. / 4 Ba. main house plus

a guest apartment sited on the 3rd hole of Pebble Beach golf course with views of Carmel Pt. & Pt. Lobos. All within

easy walking distance to The Beach Club, The Tennis Club, The Spa and The Lodge. This home clearly possesses every

last element needed for you to enjoy….the ultimate lifestyle in Pebble Beach. $20,000,000 :: 1557CYPRESS.CBRB.COM

As we bid farewell to 2015 and welcome 2016 we leave 2015 with somewhat of a happy

surprise as we review the Carmel real estate market. All in all it is common for the fourth

quarter of any year to be a bit slower in home-sales, what with the holidays and all,

folks are not really looking to make a move, well, that idea can go out the window as

the fourth quarter of 2015 turned out to be very strong indeed. Since October 1st, and

through the end of the year, the Carmel market has done extremely well.

Over the last three months of 2015 there have been 93 Carmel sales ranging from the

least expensive, a 2-bedroom, 2-bath, 1,200 sq. ft. High Meadow condominium that

sold for $499,000, all the way up to the most expensive home ever to sell in Carmel.

This home is on Carmel Way, just inside the Pebble Beach gate, sited on a 2.37 acre

waterfront parcel and offering over 12,000 sq. ft. of living space with 4 bedrooms and

7 baths, this property closed escrow on December 14th at the record-setting level of

$27,000,000, just one of the 22 home-sales in December, an extraordinarily strong

month. All in all we see this recent activity as a very positive indicator of a strong Carmel

market moving forward into 2016.

Once again, to our clients who worked with us over the past three months, we send out

a hearty “THANK YOU” for allowing us to be of assistance. Moving forward into 2016, we

at Tim Allen Properties look forward to being of service to our clients with any and all of

their real estate needs.

T H E C A R M E L M A R K E T

THE FOLLWOING INFORMATION: List proviced by MLSlistings.com. The source of the data found above is provided by them for the date ranges of 01/01/2015 to 12/31/2015 which includes SFR, Condos and Townhomes of selected areas of Carmel. Areas 140 through 151.

42 the carmel market

N O R T H W E S T C A R M E LSTREET ADDRESS BEDS BATHS SQ FT SALE PRICE CLOSE DATE

3083 Lorca Lane 3 3 1834 $935,000 11/13/20150 San Antonio 3 NE of 4th Avenue 3 2 1673 $2,143,000 11/12/20150 Carmelo 5 NW of 4th Street 3 3.1 2168 $3,560,000 11/20/20150 1st & Mission SE Corner 3 2.1 1918 $1,600,000 12/4/20150 Monte Verde 5 SW of 4th Street 4 4 2482 $2,675,000 9/17/201524694 Pescadero Road 3 2 1220 $920,000 10/7/20150 Mission & 3RD SW Corner C-3 1 1.1 918 $1,200,000 12/14/20150 Casanova 5 SE of 4th Street 2 2 1360 $1,284,000 10/14/20150 San Carlos 3 NW 2nd 3 2.1 1620 $1,500,000 9/18/201510 Carmel Way 4 5.2 12688 $27,000,000 12/14/20150 Mission 4 NE 5th 1S 1 1 970 $695,000 12/22/20150 San Carlos 3NW of 1st Street 2 1 858 $995,000 11/25/20150 Lincoln 3SE of 5th 3 3.1 1830 $1,250,000 12/23/20150 2nd Avenue 2 NW of Lincoln 3 3 1501 $850,000 12/1/20150 Lopez 3NW of 4th 3 3 1841 $1,510,000 12/10/2015

S O U T H W E S T C A R M E LSTREET ADDRESS BEDS BATHS SQ FT SALE PRICE CLOSE DATE

0 5th Ave, SWC Santa Fe St 2 1 979 $910,000 9/29/20152 Lincoln Street 2 1 753 $1,175,000 11/12/20150 Lincoln 4 NW of Santa Lucia 5 4.1 3310 $3,375,000 9/22/20150 Monte Verde & 13th Street 3 2 2094 $3,400,000 12/30/20152848 Santa Lucia Avenue 3 3 1995 $2,700,000 10/2/20150 Dolores 3 NE of Santa Lucia 3 2.1 1734 $1,625,000 12/3/20150 Monte Verde 2 NE of 9th 3 2 1634 $1,607,500 12/17/20150 Dolores 2 SE of 13th Street 3 2 1376 $1,200,000 12/2/20150 Monte Verde 3 SW of 12th 4 2 1751 $1,335,000 11/4/20150 Dolores 2 SW of 11th St 3 2 1566 $1,984,125 9/28/20152 NE 12th and Carmelo Street 3 3.1 2484 $2,300,000 9/9/20150 Dolores 2 NW of 11th Street 3 3 1772 $1,875,000 10/8/20150 Casanova 4 NW of 9th Street 3 2 1600 $2,895,000 9/21/20150 Carmelo 3 SW of 9th Avenue 2 2 1370 $1,625,000 12/3/20150 NW Corner of Dolores & 10th 3 2 1400 $1,450,000 12/23/2015

the carmel market 43

THE FOLLWOING INFORMATION: List proviced by MLSlistings.com. The source of the data found above is provided by them for the date ranges of 01/01/2015 to 12/31/2015 which includes SFR, Condos and Townhomes of selected areas of Carmel. Areas 140 through 151.

YEAR TO DATE CARMEL SALES

44 the carmel market

STREET ADDRESS BEDS BATHS SQ FT SALE PRICE CLOSE DATE

Junipero 5 SW of 8th Avenue 3 3.1 2074 $1,750,000 12/10/2015Santa Fe 4SW Ocean Street 3 3.1 1679 $1,435,000 11/5/2015Torres 4 SE of 9th Avenue 2 2 1600 $1,375,000 12/3/20153 SE Ninth Torres Street 3 2.1 1539 $1,335,000 9/1/2015San Carlos 3 NW of 10th Ave St 3 2 1497 $1,375,000 9/11/201525959 Mission Street 2 1.1 1220 $1,115,000 9/25/2015Forest Road 3 SW Ocean Ave 2 1.1 1030 $850,000 12/30/20155855 Junipero Avenue 3 2 1264 $970,000 10/15/2015

S O U T H E A S T C A R M E L

STREET ADDRESS BEDS BATHS SQ FT SALE PRICE CLOSE DATE

0 NEC of Guadalupe & 6th St 3 2 1651 $1,920,000 11/25/201524777 Guadalupe Street 3 2.1 1671 $1,995,000 11/19/20150 Guadalupe 2 SW of 3rd Street 2 2 931 $925,000 10/26/201524703 Camino Del Monte 3 2 1130 $836,200 9/10/20150 CARPENTER 2 NE OF 6TH 3 2 1916 $1,400,000 9/24/20150 PERRY NEWBERRY Way 3 2 1633 $1,335,000 12/16/20150 Lobos & 1st SW Corner 3 2.1 1826 $1,700,000 10/10/20150 Santa Rita 4 SW and 2nd 3 2 1600 $1,550,000 11/18/20153rd Avenue SE Lobos Street 3 3 1692 $1,550,000 10/28/20150 Torres 2 SE of 1st Street 2 2 1409 $838,500 10/13/201524816 Santa Rita Street 3 2.1 1798 $1,600,000 12/18/20150 Torres 5SE 1st 2 1.1 1526 $990,000 10/23/2015

N O R T H E A S T C A R M E L

C A R M E L W O O D S

STREET ADDRESS BEDS BATHS SQ FT SALE PRICE CLOSE DATE

24452 Portola Avenue 3 2 2304 $1,430,000 10/7/201524300 San Pedro Lane 3 2 2248 $1,695,000 12/18/201524515 San Luis Avenue 3 3 1931 $1,394,000 9/16/201524502 Portola Avenue 2 1 1117 $927,000 9/4/201524610 Lower Trail 3 3 1979 $725,000 9/11/2015

THE INFORMATION: List proviced by MLSlistings.com. The source of the data found above is provided by them for the date ranges of 01/01/2015 to 12/31/2015 which includes SFR, Condos and Townhomes of selected areas of Carmel. Areas 140 through 151.

the carmel market 45

C A R M E L P O I N TSTREET ADDRESS BEDS BATHS SQ FT SALE PRICE DOM

26310 Valley View Avenue 3 3.1 1715 $2,675,000 11/16/20152479 17TH Avenue 3 3.1 1910 $2,400,000 9/17/201526280 INSPIRATION Avenue 3 3 2434 $2,900,000 9/15/201526264 Ocean View Avenue 5 6.1 6237 $6,900,000 10/5/201526255 Dolores Street 2 2 1300 $2,150,000 10/9/201526404 Inspiration Avenue 3 3 1797 $2,398,000 10/30/2015

H A T T O N F I E L D S

STREET ADDRESS BEDS BATHS SQ FT SALE PRICE CLOSE DATE

25109 Hatton Road 3 2.1 2584 $1,500,000 12/16/201525026 Hatton Road 4 3 3572 $2,495,000 11/25/201525495 Shafter Way 4 4 3664 $2,400,000 12/23/201526170 Mesa Drive 4 3 2351 $1,045,200 12/17/201525850 N Mesa Drive 4 4.1 4064 $1,368,000 10/13/201526126 Ladera Drive 3 4 2600 $1,803,750 12/2/201525585 SHAFTER Way 4 4.1 4800 $4,700,000 9/1/201526282 Atherton Drive 4 2.1 2022 $1,190,000 10/15/201525247 Hatton Road 4 4 2683 $1,615,000 12/17/20153256 Martin Road 3 2 2024 $1,170,000 12/3/201525393 Hatton Road 5 4 3771 $2,620,380 12/21/2015

M I S S I O NSTREET ADDRESS BEDS BATHS SQ FT SALE PRICE CLOSE DATE

4000 Rio Road 10 2 2 1040 $547,000 11/1/20153850 Rio Road 76 2 2 1268 $590,000 12/29/201526540 Val Verde Drive 3 2 1972 $1,200,000 9/15/20153537 Fisher Place 3 3 1554 $745,000 9/11/201526641 Fisher Drive 3 2 1000 $630,000 10/30/20154000 Rio Road 27 2 2 998 $529,000 9/21/20154000 Rio Road 11 2 2 1040 $540,000 9/30/20153220 Rio Road 3 2 1278 $654,000 9/24/2015

THE INFORMATION: List proviced by MLSlistings.com. The source of the data found above is provided by them for the date ranges of 01/01/2015 to 12/31/2015 which includes SFR, Condos and Townhomes of selected areas of Carmel. Areas 140 through 151.

46 the carmel market

STREET ADDRESS BEDS BATHS SQ FT SALE PRICE CLOSE DATE

2925 Ribera Road 4 3 2824 $1,588,000 9/9/20152714 Pradera Road 3 3.1 3350 $3,538,000 12/3/20152960 Ribera Road 3 2 1950 $864,000 10/30/2015

C A R M E L H I L L S

STREET ADDRESS BEDS BATHS SQ FT SALE PRICE CLOSE DATE

25579 Morse Drive 3 2 1757 $877,500 12/30/201525781 Morse Drive 3 2 2869 $1,180,000 9/25/2015

H I G H M E A D O W S

STREET ADDRESS BEDS BATHS SQ FT SALE PRICE CLOSE DATE

98 High Meadow Lane 2 2 1653 $815,000 10/21/20153600 High Meadow Drive 41 2 2 1200 $499,000 10/16/20153600 High Meadow Drive 3 2 1.1 1197 $505,000 9/1/20153600 High Meadow Drive 32 2 1.1 1197 $490,000 10/1/20153910 Via Mar Monte 5 5.1 5200 $1,895,000 11/2/20153543 Greenfield Place 4 3.1 2952 $1,500,000 12/23/2015

J A C K S P E A KSTREET ADDRESS BEDS BATHS SQ FT SALE PRICE CLOSE DATE

5125 Paseo Venadis 3 3.1 4400 $4,200,000 9/23/2015

C A R M E L M E A D O W S

THE INFORMATION: List proviced by MLSlistings.com. The source of the data found above is provided by them for the date ranges of 01/01/2015 to 12/31/2015 which includes SFR, Condos and Townhomes of selected areas of Carmel. Areas 140 through 151.

about t im a l len 47

Tim Allen, running on all cylinders…with over 2.6

billion dollars in local real estate sales, the top

local agent for 20 years running, the #1 North-

ern California agent for Coldwell Banker in 2014…

one might wonder “how does one agent achieve

all this?”

We asked Denny LeVett, one of Tim’s best clients.

”Talk about a nose to the grindstone…Tim’s one

of the hardest working guys I’ve ever met,” said

Denny LeVett, co-owner of the Cypress Inn and

frequent investor in high-end local properties.

“He absolutely has his thumb on the pulse of lo-

cal real estate, and hardly a week goes by that

he doesn’t call me about a deal he thinks I might

be interested in.”

Allen, born and raised on the Monterey Penin-

sula, and son of former Carmel hotel owners Bud

and Char Allen, acknowledges that his strong lo-

cal roots gave him an advantage. “I specialize in

Carmel, Carmel Valley, South Coast and Pebble

Beach ---- All places I know very well,” he said. “I

am proud to be associated with Coldwell Banker

Del Monte Realty Company which has far and

away controlled the lion’s share of the Monterey

Peninsula real estate market consistently year af-

ter year.”

Tim views the current luxury real estate market as

an opportunity to find unique and special prop-

erties at attractive values with good investment

potential. “While the luxury market has remained

solid, there are some wonderful opportunities out

there, both active and off market deals, but they

are hard to find and it takes someone with inside

knowledge to root them out.”

“ T im’s one of the hardest work ing guys

I ’ve ever met…”Denny LeVett, Investor

T I M A L L E N CalBRE#00891159831.214.1990 :: [email protected]

T I M A L LEN CalBRE#00891159c 831.214.1990 TIMALLENPROPERTIES.COM

©2015 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. The above-mentioned properties may or may not have been listed or sold by Coldwell Banker. If your property is currently listed for sale, this is not intended as a solicitation. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Real estate agents affiliated with Coldwell anker 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. Pebble Beach®, Pebble Beach Resorts®, Pebble Beach Golf Links®, The Lodge at Pebble Beach™, The Spa at Pebble Beach™, Pebble Beach Concours d’Elegance®, Pebble BeachSM Food & Wine, The Inn at Spanish Bay™, The Links at Spanish Bay™, Casa Palmero®, Spyglass Hill® Golf Course, Del Monte™ Golf Course, 17-Mile Drive®, The Beach & Tennis Club™, The Lone Cypress™, The Heritage Logo, their respective underlying distinctive images, logos, and golf hole designs are trademarks, service marks, and trade dress of Pebble Beach Company. All rights reserved. ©2015 // Updated: 01 31 16