CARMEL, Calif.–Jan. 26, 2006–Morgan Lane, a real estate brokerage company specializing in luxury country, rural, suburban and urban properties in Northern California’s Wine Country communities, announced today it has opened a real estate office on the Monterey/Carmel Peninsula.
“This new venture in Carmel is consistent with Morgan Lane’s objective to bring our luxury brand to another highly desirable community that centers upon lifestyle,” said Mike Silvas, Co-owner of Morgan Lane Real Estate. “It’s a natural fit. We recognize the art of fine living that’s prevalent in Carmel, just as in Napa and Sonoma. The area is also a blossoming wine corridor — an industry that we appreciate and know well.”
The Carmel office will be led by Mark Wilson and Jana Bradford, real estate partners specializing in luxury properties in the Carmel, Pebble Beach, Monterey and Carmel Valley communities for more than 10 years. Morgan Lane’s managing broker, Linda Carroll, will oversee the new branch. Morgan Lane anticipates hiring several more veteran Realtors to fill out the Carmel office.
“We’re fortunate to have Mark and Jana leading this charge, two successful and experienced Realtors who already have a highly visible presence in this market. So we’re by no means starting from scratch,” added Silvas. “They embrace Morgan Lane’s culture of service and integrity, ensuring our clients a superior real estate experience.”
The new office is located at 24000 Robinson Canyon Road in Carmel, convenient to all areas of the Monterey Peninsula.
Demand for real estate in the Carmel and Monterey Peninsula continues to be strong, drawing buyers from across the country. The majority of homes for sale in the area are currently priced between $1-3 million. According to R E InfoLink, the MLS service that serves Realtors from San Francisco to San Luis Obispo, the median home price in 2005 for a single family home in Carmel was $1,575,000 and in Carmel Valley was $1,295,000. Condo/townhomes had a median selling price of $728,500 in Carmel and $635,000 in the Valley.
About Morgan Lane
Morgan Lane was acquired by Mike and Jill Silvas in 1998, and has since become the premier real estate firm in the Napa and Sonoma Wine Country in representing vineyard and estate properties. Today, the Company consists of seven offices in Napa, Yountville, St. Helena, Sonoma, Santa Rosa and the Carmel Valley, with 60+ full-time realtors servicing more than two dozen communities.
Morgan Lane’s slogan — “The Fine Art of Fine Property” — describes its philosophy and the basis on which the company operates with unique marketing and advertising strategies that set the company apart. Personalized services and extensive marketing programs are provided to every client regardless of price and needs.
Morgan Lane is headquartered in Napa, CA. For more information call 800-511-1030, email info@morganlane.com or visit www.morganlane.com.
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