Monterey County's Biggest Residential Deal Of 2023: Butterfly House Sells For $29M

A significant residential property in Monterey County, known as the "Butterfly House," has recently been sold for $29 million. The property, located at 26320 Scenic Road in Carmel, features an architecturally distinctive design with a winged roofline and direct ocean frontage. With a total square footage of 3,700, the property was sold at a substantial discount from its original asking price of $40 million.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $29,000,000
• Address: 26320 Scenic Road, Carmel
• Market: Carmel

The buyer's representative in this deal was Tim Allen from Coldwell Banker, while the seller's representative was Shelly Lynch from Carmel Realty Company. Their expertise and negotiation skills played a crucial role in finalizing the transaction. This sale represents the largest residential deal in Monterey County so far this year.