Situated in the Upper Forest area of Pebble Beach, this lovely five bedroom, three bath home graces a large terraced lot. Extensively remodeled ten years ago, this striking residence had come on the market, just in time for the AT&T Golf Tournament!
Living room with a view
The spacious open floor plan is perfect for entertaining! Your guests will be awed by the amazing views of Monterey Bay, Del Monte Forest and the Santa Lucia Mountains.
Remodeled kitchen with granite counters and Viking gas range
I invite you to come and view this amazing home for yourself. Drop by the Open House or call Susan 831-320-6801 for a private showing. Take a tour!
Susan Clark, Top Producer, Circle of Excellence 2018
1232 Padre Lane, Pebble Beach ~ Courtesy of Alain Pinel Realtors
As a realtor on the Monterey Peninsula selling to luxury buyers I was very interested in this Inman article entitled “Essential Guide to the New Luxury Real Estate Market” where the new luxury buyer of real estate is discussed. We have many lovely luxury homes here in Carmel, Carmel Highlands, Pebble Beach, even Pacific Grove and Monterey, but the article discusses luxury buying trends in the entire country and “what’s happening”! Kind of fun to know what the current trends are in other areas of the country. Curious? click on this link.
24 PotreroTrail, Carmel ~Courtesy of Alain Pinel Realtors
A few interesting facts . . . the largest proportion of luxury buyers now are Generation X (ages 38-53) making up 49% of the luxury market! Baby Boomers (ages 54-72) make up 33% of luxury buyers and those aged 72+ only 1.75%. Guess they are all busy down-sizing.
Dolores & 7th, Carmel-by-the-Sea ~ Courtesy of Alain Pinel Realtors
The “New Aristocracy” of well off young people aged 25-40 make up 15% and most of these buyers are heading to the urban centers and looking for contemporary style homes. Not exactly what we have in Carmel. San Francisco seems to attract this demographic.
San Francisco is attracting many young luxury buyers
All of these buyers at looking for something different so it really can boggle the mind of a realtor trying to figure out what is right for their luxury client.
7030 Valley Knoll Road, Carmel ~ Courtesy of Alain Pinel Realtors
Where are they buying? New places that are particularly getting “hot” are Boston, Florida (with no state income tax), Lake Tahoe (again places like Incline Village in Nevada have no state income tax), Seattle, and New York.
Luxury Portfolio of which Alain Pinel Realtors is a founding member, is quoted throughout the article as are other luxury brands. In any case, we have a changing real estate world!
Dreaming of living on a Pebble Beach estate in Central Pebble Beach on over an acre? And you’d like to do it on a budget? No problem. I have a marvelous property for you to take a look at! And if you have children they will enjoy the Carmel Unified School System.
3146 Fergusson Lane
What comes to mind when you think about Pebble Beach? Large estates in this little piece of paradise that you see when you come for a weekend.
3146 Fergusson Lane, Pebble Beach 4289 SF, on 1.06 acrePebble Beach Golf Links Photo taken by Bob Borden
OPEN HOUSE SATURDAY 4/29 NOON – 3:00PM
3146 FERGUSSON LANE, PEBBLE BEACH
Offered at $2,795,000
Situated on an amazing 1 acre+ corner lot in the Estate area of Pebble Beach, close to golf and all the Pebble Beach lifestyle has to offer, sits this lovely custom home built in 1974. Join me for a tour of this beautiful residence. View tour.
