Carmel Highlands Vacation Rental – Pacific Perch

Check out out newest  Vacation Rental Carmel Highlands’ – Pacific Perch

Ocean views, spectacular sunsets, whispering pines—and a soaking tub with views of forever. Nestled in a half-acre forest in Carmel Highlands, this private cottage is a haven of natural beauty and tranquility. From the redwood deck overlooking the sea, you can hear the sound of the waves and the seals at Point Lobos. It’s a short, pleasant walk to the Highlands Inn for lunch, dinner, drinks, live music or dancing. Hop in the car and it’s a five minute drive to the Crossroads Shopping Center, and just a few minutes more to Carmel-by-the-Sea, Pebble Beach, Pacific Grove or Monterey. And, of course, you’re also at the northern point of Big Sur with its wild wonders. So enjoy the best of many worlds!
Book it Today!

Carmel Sunset Center Presents – Storm Large Friday, April 19 at 8:00PM

Last year, Storm Large set the Sunset Center on fire when she filled in as the lead singer of Pink Martini. This year she makes a triumphant return with her own band and an eclectic set that shows off her exuberant personality and mesmerizing vocals.

Angels In Gas Stations - Storm Large

Click image to see video
 Angels In Gas Stations – Storm Large

 CLICK HERE for Tickets or call the Box Office at 831.620.2048

56th Annual Monterey Jazz Festival – Tickets go on sale May 21st.

The world famous 56th Annual Monterey Jazz Festival will take place September 20-22, 2013. Arena and Grounds Weekend Packages for the 56th Annual Monterey Jazz Festival will go on sale to the public May 21 at 9AM PST. 2013 Ticket Information

Single Day Arena and Grounds tickets will go on sale on July 8 at 9AM PST. 

Looking for that perfect place to stay …Look no further!

All's Well — Pacific Grove, CA

All’s Well — Pacific Grove, CA

Spectacular views of Monterey Bay from every room! This comfortable 2-bdrm/2-bath vacation condo sleeps 4  is just three blocks from the water and the coastal trail, and minutes from the Aquarium and Cannery Row. This 1,500 sq. ft. duplex features a large living room, a formal dining area, a balcony with a charcoal grill, and a gas fireplace to keep you toasty when the fog rolls in. 

If this doesn’t fit your needs search www.MontereyRentals.com and find one that will.

Carmel Vacation Rental Special

Carmel Vacation Rental

Carmel Vacation Rental – Forest Oasis

Make this gated sanctuary “Forest Oasis” with an indoor pool your Carmel retreat!

Located in the treetops overlooking Pescadero Canyon and Pebble Beach, you are still only minutes walking distance to downtown Carmel.

Was $489/night, now $300/night (one-week minimum), now through mid-May.

 


#carmelvacation

Central CA Coast Rental Rates Rising Along with Home Prices

By Jan Leasure
Along with the tight real estate sales market, an equally tight rental market has emerged.    There are more tenants in the market today, as homeowners have sold their homes (either short-sale or otherwise), as some who over-extended themselves have faced foreclosure, and as the twenty- and thirty-somethings elect not to become homeowners at all.  Few homes are available to accommodate these swollen tenant ranks.

When the supply of rentals becomes as tight as it is today, there are nowhere for prices to go but up.  Rental prices had stagnated for a number of years, starting with the housing boom years of 2000 – 2005.  As the mortgage industry made it easier and easier to purchase a home, tenants filed out of the rental market en masse.  That left a plentiful supply of rental properties for those who still failed to qualify to buy a home or otherwise elected not to.  When the real estate sales bubble burst, that trend reversed itself.  The rental market began to tighten as homeowners became tenants, and today, we have the tightest market we have seen in many years.

What is the likely result?  The rental market will continue to squeeze tenants for higher and higher prices until it gets to the point whereby the tenant market will support no more escalation.  Unlike the sales market, in which there seems to be no ceiling to prices that the market will bear, the rental market has its limits.  Rental rates are limited by the incomes of the tenants.   The tenant market of the Monterey Peninsula is primarily made up of the military and those in the hospitality industry.  The most that most tenants will budget for housing is 35 – 45%, with a few willing to push to 50%.  Even budgeting 50% for housing, that would mean that to afford $2500 for a modest three-bedroom house, the annual income must be $60,000.  While possibly doable for a military officer, it is challenging at best for an enlisted person or a hospitality worker.  So while there are limits to the heights to which rents will climb, this is still a great time to be a landlord!

Pebble Beach Food & Wine April 4-7

Pebble Beach Food & Wine is the premier epicurean lifestyle event on the West Coast, matching 250 acclaimed wineries and 75 celebrity chefs to create a hedonistic four-day destination on one of the most picturesque strips of coastline in the world.Throughout the weekend you’ll enjoy intimate access to the pinnacle of culinary and wine talent at wine tastings, cooking demos, and some of the most exclusive, unique dining opportunities available in the world.

Pebble Beach Vacation Rental 1045BWe have a very tasty family home available in Pebble Beach over this special weekend.

It’s close to the ocean, in the Country Club area: 3 bedrooms, 2.5 baths, and a carpeted converted garage with a big leather sofa and a 60″ flat screen TV… a great place to host your “own little food and wine event” (or recuperate from the big one.)

Contact Debra@MontereyRentals.com