Presented by Carmel Realty Company and listed by Shelly Mitchell Lynch and Peter Butler, this luxurious 5 bedroom, 4+ bath features just over 5200 sq. ft. of living space on 18.5 acres in Carmel Valley. As the cover showcase property for the latest issue of Homes Magazine (Vol 15-Issue 2) 24 Potrero Trail is a beautiful new home located inside the gates of the Santa Lucia Preserve. Enjoy all the amenities of both this custom built property and The Preserve as well as the privacy that this lifestyle affords. Offered at $7,500,000.

For more information, pick up a copy of the latest issue of Homes Magazine or browse the Monterey Peninsula issue online at www.homesmagazine.com. You can also tour this property online at www.24potrerotrail.com

The AT&T Pro-Am is underway this weekend and with Mother Nature finally giving the communities of the Monterey Peninsula a break from wintery weather, now is the time to tour some of the amazing properties for sale in Pebble Beach, Monterey, Carmel, Carmel Valley or Pacific Grove.

Searching for luxury real estate listings from Pebble Beach to Carmel Valley? Carmel Realty Company offers golf course properties, ocean view estates, charming Carmel cottages and stunning valley view hideaways. If you’ve been searching for a Carmel Valley getaway, Carmel Realty Company has the perfect property for you.

Located in Carmel Valley, 24 Potrero Trail is newly constructed, yet timeless in vision. This spectacular 5 bedroom, 4 bath, 5,296 sq. ft. European villa is set on 18.58 acre lot in the exclusive Santa Lucia Preserve,  nestled in a dramatic redwood grove and surrounded by breathtaking mountain scenery.

Designed by renowned architect John Malick, one recognizes the home’s heirloom quality, intended for multi-generational enjoyment. Meticulous attention to detail and comfort are abundant. Redwood groves, ample fruit trees, and interesting elevations in wide open spaces make this eighteen and a half acre setting rich with sublime outdoor living. Offered at $7,500,000.

View additional Carmel Realty Company listings with the easy-to-use digital edition of Monterey Peninsula Homes Magazine now available online.

Carmel Realty Company | The Mitchell Family Team
Cell: 831-277-8044 | Office: 831-622-1000  | DRE #: 01217466
shelly@carmel-realty.com |   www.carmel-realty.com

The 2010 U.S. Open is coming to Pebble Beach in June and Carmel Realty Company is your definitive source for luxury rental homes.  Vacation Rentals, long term rentals, home management and special event rentals. Carmel Realty Company – Renting the Monterey Peninsula’s most beautiful homes.  Exceptional Homes – Spectacular Locations

Lifestyle and location make the “Chappellet Estate,” offered by the Tom Bruce Team of Coldwell Banker Del Monte and featured as the cover property for the AT&T edition of Monterey Peninsula Homes Magazine, a fairway-front property must-see.

Located on 17 Mile Drive in the heart of Pebble Beach, California, the “Chappellet Estate” is a multi-million dollar golf course property set on 2.75 acres with stunning Pebble Beach Golf Links, Stillwater Cove and Carmel Bay views. It is one of only 28 oceanfront properties in this private enclave and one of the few to be available for purchase in the last several years.

From the moment you enter the property, you feel as if you are in your own private national park on the sea. The long winding, forested approach to the house leads to a gracious 4,900 sq. ft., 4-bedroom, 4-bath main house and a  separate 1,200 sq. ft. 2-bedroom 2-bath guesthouse overlooking the expansive lawn, the crashing surf, your own private cove and the ocean views beyond. The spacious rooms and flow of the house invites casual living with just the right mix of easy formality, while the expansive Carmel stone terrace provides the perfect stage for outdoor living.

The property has views of the 18th green, the 18th fairway, the 17th green and all of six, seven and ten. With the AT&T Pebble Beach Pro-Am under way this weekend and the 2010 U.S. Open coming to the Monterey Peninsula in June, this is a rare opportunity to own your very own Pebble Beach ocean front and golf course property, located just steps from the Pebble Beach Lodge.

Experience the perfect combination of expansive views of Carmel Bay and great privacy offered by century old gardens. Majestic oaks, pines and redwoods frame the sparkling sea that is visible from both the main house and the guest house.  The “Chappellet Estate” provides the ideal setting to enjoy the causal elegance of the Pebble Beach lifestyle. Now offered at $18,500,000.

For more information, contact Tom Bruce and his team at Coldwell Banker Del Monte at 831-277-7200  |  www.tombruce.com |  Representing the finest properties on the Monterey Peninsula

Browse this edition of Homes Magazine online at www.homesmagazine.com

3255 Macomber Drive, Pebble Beach, California

Offered at $9,200,000

Located in the heart of Pebble Beach on the beautiful Monterey Peninsula, this luxurious yet cozy grand Mediterranean estate enjoys a panorama of Pacific Ocean and Point Lobos views from all the right rooms with a marvelous South and West exposure. Perfect for single-level living, there are rooms for all occasion from a library, breakfast room, media room with wine bar and cellar, exercise room to a luxurious master bedroom with his & her baths. 3.5 Acres with outdoor cooking and a putting green.

Jamal Noorzoy | 831-622-9903

Jamal@HomesofCarmel.com | www.HomesofCarmel.com

Jamal Noorzoy, Realtor® – Alain Pinel Realtors – Recognized as one of the most knowledgeable real estate agents for Pebble Beach and Carmel-by-the-Sea real estate, Jamal is a third generation Pebble Beach resident & real estate agent. He represents sellers of and buyers for distinctive homes and estates offered on the open market as well discreet listings of unique quality and location. His personal network, over 17 years of award-winning experience, and commitment to his clients offers a distinct advantage when buying or selling a home and is just one of the many reasons he has been recognized as a 
Top Producer in both listings and sales annually since 2001.

Tour this Pebble Beach property currently for sale |   View other outstanding Pebble Beach and  Carmel homes for sale

Browse Jamal Noorzoy’s ads in the AT&T edition of Monterey Peninsula Homes Magazine

The real estate agents of Coldwell Banker Del Monte Realty, located in Monterey County, were proud to once again be honored with the Golden Pine Cone Award as Carmel’s Best Real Estate Company.

Recently, readers of the Carmel Pine Cone, one of the finest-small town newspapers in the country, were asked to vote for their favorite service providers in the real estate arena. This year’s winner may bring a sense of deja vu, because for the second time in as many years, Coldwell Banker Del Monte Realty was named “Best Real Estate Company.”

(Excerpt from the Carmel Pine Cone, September 25, 2009) Perhaps it’s no surprise Coldwell Banker Del Monte Realty is the Pine Cone readers’ favorite: With 140 agents, several of the local superstars of real estate sales, and 40 percent of the annual market share in Carmel, CBDMR is certainly the largest local firm.

But managing broker Rita Lewis knows that’s not all it takes: “We have a terrific team of very knowledgeable sales associates, and they really work hard to do a great job for their clients,” Lewis said. “That’s the name of the game.” She says the company frequently gets thank-you letters from clients, and that being part of a national real estate company has significant advantages. “We have an extensive network across the country … a wonderful marketing department, an IT department and human resources — all those things agents in a smaller company wouldn’t have access to.”

And Lewis is optimistic about the future of the local real estate market. “Coastal property is limited and there are always people with money who want to live near the ocean.”

Coldwell Banker Del Monte operates 5 local real estate offices across the Monterey Peninsula:

Coldwell Banker Del Monte Realty

3775 Via Nona Marie | Carmel

Junipero and Fifth and on Ocean Ave. and Lincoln | Carmel-by-the-Sea

The Shops at The Lodge | Pebble Beach

501 Lighthouse Ave. | Pacific Grove

(831) 626-2222  |  www.CAmoves.com

Prepare to be spellbound as you enter the breathtaking grounds of 163 Spindrift Road.

Discover this oceanfront property, tucked along the Pacific’s edge in the Carmel Highlands, which is featured as the cover property for the October/November issue of Monterey Peninsula Homes Magazine (Vol.14, Issue 9).

Presented by Gin Weathers of Weathers Real Estate Group of Intero Real Estate Services – Carmel, this mini-compound is comprised of several buildings set on 1+ acres — main house, guest cottage, “glass house” gazebo, greenhouse and a finished garage/studio — nestled among towering Cypress trees, terraces and brick pathways lined with succulents.

Surround yourself with nature, breathtaking views and the sounds the crashing surf from almost every room.

Experience the heirloom quality of the main house, built in 1947 by legendary Carmel builder Hugh Comstock. This special property is for sale for the first time in decades. Call for your appointment to go beyond the gate to appreciate the magic of Sans Soleil.

Offered at $6,950,000 | Cover and website photos provided by Marc Howard/TGO Photography | Take a virtual tour of this property online at www.163SpindriftRoad.com.

Gin Weathers | Weathers Real Estate Group | Intero Real Estate Services – Carmel | 831.594.4752 | Gin@GinWeathers.com

Real estate agents Ben Beesley and Kat McCrystal, also known as Team Beelsey, proudly present 36 Castro Road in Monterey as the Cover Property for the current issue of Monterey Peninsula Homes Magazine (14-8, page 5) available on stands and online now.

This exceptionally-priced golf course estate in Monterey is one of the most unique and beautiful homes on the Monterey Peninsula. A spacious Spanish Colonial, the property overlooks the old Del Monte Golf Course’s ninth hole, just as it has for more than 70 years. This is 4,400 square feet of superior craftsmanship, built on almost a full-flat acre.

It has 5 bedrooms and 4 bathrooms (plus two half-baths), as well as a terraced landing, pool, jacuzzi, 3-car garage, wine cellar, office, radiant heat and a barbeque entertainment area. Everything has been completely customized, with travertine tiles and an imported mantle above the fireplace.

This said, none of these descriptors can do justice to the experience of living in this home, which truly represents resort-like living at its finest in Monterey.
 
For more information, we invite you to please visit:
www.36Castro.com  |  www.MontereyGolfEstate.com

Now offered at $3,390,000 by
Ben Beesley, Realtor® |861.236.6876 | ben@benbeesley.com DRE#01362347

Kathleen McCrystal, Realtor® | 831.915.6879 kat@katmccrystal.com  DRE#01463899

www.TeamBeesley.com  |  www.RealEstateInMonterey.com

State Real Estate Market Update | California

According to an article in the June26th edition of The Wall Street Journal (Home Prices Rise in California Again, Stu Woo, 6/26/09, A4), California’s median price for an existing single-family house rose for the third straight month, a sign that the state’s battered real-estate market may be bottoming out.

Information released Thursday by the California Association of Realtors, the median sales price rose to $267,570 in May for a California home, up 4.2% from April. The inventory of unsold houses continued to drop, down to a 4.2 months’ supply in May compared with 4.6 months in April and 8.7 months in May 2008. Prices were still well below their year-ago levels, down 30.4% compared with May 2008.

According to the article, economists believe this is may be a positive trend. “Housing prices soared (in California) during the boom, and their plummet during the market’s collapse resulted in massive foreclosures and fueled the recession. Economists say the state’s housing market will lag behind the nation’s in recovering, so any indication of improvement in California bodes well for the rest of the U.S.”

Of course, this good news was tempered by California’s continuing budget crisis which could still have a negative impact on the overall real estate market . . . only time will tell. To read the full article, browse the Wall Street Journal Real Estate section online

CAR also reported that also 556,590 houses were sold in California in May, up 35.2% from a year earlier. 

Local Market Update | Monterey County 

According the the Monterey County Association of REALTORS(R), this reduction in housing prices has allowed homes to become more afffordable for more people. Combine that with low interest rates and, according to Bill Graham of First Priority Financial, “This is a great opportunity got homeowners wishing to refinance at a lower rate, if they have at least 20% equity in the property.”

Recent property sales in Monterey County contiue to show an uptick in the number of home sales, with Salinas still accounting for the largest number, according to statistics published in the Monterey County Herald Real Estate Guide on June 20th. According to these figures, the most expensive home to sell in the past month was in Carmel Valley for $1.1 million. However, the city of Monterey had the highest average sales price of just over $623,000. The average sale price in the County during this period was just under $366,000. Overall, 131 sales were recorded with 57% of those sales occurring in Salinas.

You’re invited this Saturday, June 20th from 11am – 3pm…Wendy Bluhm is hosting an open house at her listing in Carmel located at on San Antonio 4 SW of 10th Street. 

This dream retreat is steps away from the beaches of Carmel and a brisk walk to Carmel-by-the-Sea’s shops and world renowned dining. This Carmel gem has spectacular views of the Pacific Ocean and Pebble Beach. The existing 3 bedroom, 2 bath home is the perfect getaway until you begin construction on the approved plans, by renowned Carmel designer Claudio Ortiz, including a 1,348 sq.ft., 2 story, 3 bedroom, 2 ½ bath, with detached single car garage. Come and enjoy the breathtaking views from your own roof-top deck! Just one block up from the water and featuring breathtaking views. $3,850,000

For more information on this property, call Wendy Bluhm, Realtor® Bratty & Bluhm Real Estate at (831) 277-8210 or email her at wendy@wendybluhm.com or tour this property online at www.BrattyandBluhm.com/4SWSanAntonio

Intero Real Estate proudly welcomes Hiroshi Wada, CCIM, MBA to its real estate office located in downtown Carmel

Hiroshi Wada is one of the few Certified Commercial Investment Members (CCIM) on the Monterey Peninsula. A CCIM is a proven expert in the discipline of commercial investment real estate and is an invaluable resource to the commercial real estate owner, investor and user. The CCIM designation is conferred by CCIM Institute, a commercial affiliate of the National Association of REALTORS (R). Hiroshi serves as an official Country Liaison of Japan for CCIM Institute.

Although he is a CCIM, he has many years of experience in the residential real estate market as well. His experiences in the residential and commercial real estate market helped him identify a niche market for local real estate investors.

Hiroshi moved to the Monterey area from Tokyo in 1988 and has been a real estate broker since 1993. Prior to moving to the Monterey Peninsula, he has worked for several large Japanese corporations, including Okasan Securities, Sony Prudential Life and Kokudo Keikaku (Holding Company of Prince Hotels and Seibu).

Hiroshi and Intero Real Estate recently presented a free seminar on June 6th dealing with the topic, “Exit Plan for Your Real Estate Investment.”

For additional information on upcoming seminars or to make an appointment with Hiroshi Wada, please contact Susan Berg at Intero Real Estate in Carmel at 831-233-5148 ext. 14305.