Ah, the notorious Northern vs. Southern California rivalry. It never seems to end. San Francisco has Chinese food, the Golden Gate Bridge, great public transportation and the Giants. Los Angeles has Mexican food, the Hollywood sign, warmer weather and the Dodgers. There’s Silicon Valley up north; Silicon Beach down south. San Jose has Sharks; Anaheim has Ducks. Monterey County has dramatic cliffs and ocean views; Orange County has pristine beaches. Of course, the question of which region has better food/weather/sports teams/homes will never officially be settled. But the friendly competition among our Northern California and Southern California Coldwell Banker counterparts got us thinking: what would happen if we compared two similarly priced homes in two similar Golden State markets?
Our methodology is not exactly scientific, but we think you’ll find it entertaining. For our first “Competitive Pricing” feature, we chose to compare Monterey County’s Carmel and Orange County’s Laguna Beach. Both cities have locations along the Pacific coast, scenic beaches, a vital tourism industry and thriving artist communities—though Carmel has a much smaller population (3,722) compared to Laguna Beach’s 22,723. In both cities, over 50% of the homes are owner-occupied, the majority of residents are married couples and the median home prices are well over $1 million (Carmel is at $1,227,600, followed by $1,632,700 for Laguna Beach, according to Zillow). We found two coastal homes in these areas priced at or around $9 million. Which one has the competitive edge? We’ll let you be the judge!
Just south of Point Lobos State Natural Reserve, home to some of the most abundant sea life in the world, lies a stunning architectural beauty seemingly carved into Carmel Highlands’ famed rocky coastline. Gaze out over the rugged coast, into Yankee Point Cove where sea lions sun and beyond to the undulating waves where whales breech. This is 34 Yankee Point, and here is what you need to know about the property:
Lot size: 3/4-acre
Square Footage: 6,600
Baths: 3 Full, 2 Partial
Selling Point: Ocean views. This sculptural, state-of-the-art beauty perched on the edge of the Pacific simply inspires awe at every turn. It is the perfect melding of home and land, where living space and landscape intermingle among a panorama of dramatic panoramic coastal views indoors and out.
Behind the gates of the premier community of Emerald Bay, this Monterey style residence is everything you would expect a Southern California dream home to be: sun-soaked, architecturally distinct and awe-inspiring with majestic views of beach and surfline. The residence itself was designed by Roland Coates, a noted architect of the “Eclectic Revival” school popularized in Los Angeles and Pasadena, offering a certain degree of pedigree not often found along the coastline.
Lot size: 4,800 square feet
Square Footage: 3,700 square feet
Selling Point: If the sweeping ocean views don’t get you, then Emerald’ Bay’s resort amenities like tennis, swimming, parks and volleyball will.
Now that you’ve seen the contenders, let us know which property has the upper hand on our Facebook Page or comment below.