Prices in Carmel Country Highlands seem to be holding. One of the last Saratoga houses just went into pending and the rumor is that it was over $1M (even though it’s front door is feet from Carmel Mountain Road!). There are three houses in Saratoga now – all are the biggest model at approx. 2700 sf with prices of $1.075, 1.034, and $1.075-$1.125.
There are two Derby Hill resales still available (Plan 2 at $1.59-1.69 and a Plan 1 at $1.299). There is a new release at Derby Hill tomorrow and the prices are still just as high. The December and January releases sold out the same weekend. I believe there are three Derby Hill’s in Pardee’s inventory to be completed in April and July but two are Plan 1’s that have a steep hill behind them and the third is a very pricey Plan 3).
