Lately, buyers have been clamoring to buy true "oceanfront" homes on the Monterey Peninsula. For the right location, money is not an object; or let's say, if you truly want a home where you don't have to walk across the street, have cars parked and people looking at the same sunset you are, then you need to disregard the price difference.
In Carmel-by-the-Sea, for example, there is one road that meanders along Carmel Beach and it is heavily used by slow moving or parked cars on the road, and people walking along its path. This is Scenic Drive along one of the most beautiful stretches of beach on the Monterey Peninsula.
Homes across the street from Carmel Beach that are for sale right now range from $12,950,000 to $6,995,000 depending on the stretch of beach and, of course, the home itself.
On the other hand, if you want to be right on the ocean as in walking out your back gate onto sand, or experience the Pacific Ocean crashing against the promentory on which your house was built, the price tag was $16,5 Million in 2013 for the Butterfly House (which was then extensively remodeled--heavens knows what it would sell for now!) and $7,200,000, for a 2 bedroom, 2 bath cottage for sale right now.
Carmel-by-the-Sea is known for its cutesy cottages built by artists who arrived here after the 1906 fire that left them homeless in San Francisco. Those first cottages were often single wall construction and tiny by today's standards. Time and the high prices of real estate have taken its toll, and now we see a "new" type of cottage here, often more sturdily built accented with pale yellow "Carmel stone" and maximized on lots that are often only about 4,000 square feet.
Second home buyers have flooded the market from San Jose to San Francisco who are within driving distance; and then we have many Texas buyers who come here for the summer to escape the heat in their home state.
IF YOU ARE INTERESTED IN PURCHASING AN OCEANFRONT HOME ANYWHERE ON MONTEREY BAY, PLEASE CALL ME.