Beachfront Home Premium Widens in Southwest Carmel Analysis
News related to:Bambace Peterson Team · 2 min read
CARMEL-BY-THE-SEA, Calif., Nov. 3, 2026 /CourierPR/ -- The Bambace Peterson Team at Compass has released a detailed analysis of ten years of home sales in Southwest Carmel, revealing that the cost of beach proximity is rising and becoming less evenly distributed. The report, titled "What a Block Is Worth," examines how home prices vary block by block as properties get closer to Carmel Beach.
Over the past decade, the premium for beachfront homes has widened significantly. On Scenic, the beachfront street, homes averaged $4,192 per square foot, which is $1,902 above the Golden Rectangle's $2,290 benchmark and nearly double the area's typical price. The premium narrows quickly as one moves inland. San Antonio, one block from the beach, averaged $2,592 per square foot, $302 above the benchmark. By the third and fourth blocks, on Camino Real and Casanova, home prices are close to or below the benchmark.
The analysis shows that the price gap between beach and inland homes is growing. Between 2017 and 2019 and 2023 to 2025, the premium on Scenic increased from about $1,746 to $2,383 per square foot, and on San Antonio, it grew from $40 to $386. Dolores, seven blocks from the beach, saw its difference below the benchmark grow from $156 to $723, the most significant change in the data.
The report also highlights that the number of closed sales in Southwest Carmel has slowed over the past three years. The area has averaged 35 closed sales a year over the ten-year period, but the pace has dropped to about 29 a year in recent years. Through September 30, 2026, the Golden Rectangle benchmark is a $4,818,500 median sale price and $2,821 per square foot, which is about 23% above the ten-year average.
Every street with a 2026 sale is running above its own ten-year average. Scenic has had no sales so far in 2026, keeping the ten-year average as the current figure. The full report, with block-by-block data and charts, is available at bambacepeterson.com.
The Bambace Peterson Team, led by founding partners Dana Bambace and Mark Peterson, is a top-ranked luxury real estate team on the Monterey Peninsula, specializing in Pebble Beach, Carmel-by-the-Sea, Carmel, Pacific Grove, and Big Sur. The team has ranked among the top 5 teams on the Monterey Peninsula and among the top 100 small teams in California for six consecutive years (RealTrends Verified).