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Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand on the sidelines. This comes amid rising and growing . But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are , even as most buyers pull back.

Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the Salinas metro area—and showcased a few of the area's standout listings (when possible).

Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.

#1. Pebble Beach (Del Monte Forest, CA)

1067 Ortega Rd, Pebble Beach, CA 93953
- List price: $2,924,999
- Beds: 5 | Baths: 3 | Square feet: 2,651
- See 1067 Ortega Rd, Pebble Beach, CA 93953 on

1246 Portola Rd, Pebble Beach, CA 93953
- List price: $18,200,000
- Beds: 5 | Baths: 6.5 | Square feet: 6,402
- See 1246 Portola Rd, Pebble Beach, CA 93953 on

3093 Hacienda Dr, Pebble Beach, CA 93953
- List price: $5,295,000
- Beds: 4 | Baths: 3 | Square feet: 3,366
- See 3093 Hacienda Dr, Pebble Beach, CA 93953 on

4083 Sunset Ln, Pebble Beach, CA 93953
- List price: $2,395,000
- Beds: 3 | Baths: 2.5 | Square feet: 3,600
- See 4083 Sunset Ln, Pebble Beach, CA 93953 on

#2. Downtown Carmel (Carmel, CA)

0 Carmelo 4 SW Of Ocean Ave, Carmel, CA 93921
- List price: $6,250,000
- Beds: 3 | Baths: 3.5 | Square feet: 2,242
- See 0 Carmelo 4 SW Of Ocean Ave, Carmel, CA 93921 on

0 Santa Fe 2 NW Of 3Rd Ave, Carmel, CA 93921
- List price: $2,390,000
- Beds: 2 | Baths: 2 | Square feet: 1,442
- See 0 Santa Fe 2 NW Of 3Rd Ave, Carmel, CA 93921 on

4Th Avenue 3 SE Of Torres, Carmel By The, CA 93921
- List price: $1,998,000
- Beds: 2 | Baths: 2 | Square feet: 1,490
- See 4Th Avenue 3 SE Of Torres, Carmel By The, CA 93921 on

8&9 5Th Ave, Carmel-By-The-Sea, CA 93921
- List price: $5,850,000
- Beds: 4 | Baths: 3 | Square feet: 3,074
- See 8&9 5Th Ave, Carmel-By-The-Sea, CA 93921 on

#3. Carmel Woods (Carmel, CA)

24429 Portola Ave, Carmel, CA 93923
- List price: $4,700,000
- Beds: 4 | Baths: 3.5 | Square feet: 2,766
- See 24429 Portola Ave, Carmel, CA 93923 on

24587 Castro Ln, Carmel, CA 93923
- List price: $3,250,000
- Beds: 4 | Baths: 3 | Square feet: 2,403
- See 24587 Castro Ln, Carmel, CA 93923 on

24694 Dolores St, Carmel, CA 93923
- List price: $3,399,000
- Beds: 4 | Baths: 3.5 | Square feet: 2,500
- See 24694 Dolores St, Carmel, CA 93923 on

24703 Camino Del Monte, Carmel, CA 93923
- List price: $1,500,000
- Beds: 3 | Baths: 2 | Square feet: 1,154
- See 24703 Camino Del Monte, Carmel, CA 93923 on

#4. Carmel (Carmel Valley Village, CA)

13399 Middle Canyon Rd, Carmel Valley, CA 93924
- List price: $1,795,000
- Beds: 3 | Baths: 3 | Square feet: 2,567
- See 13399 Middle Canyon Rd, Carmel Valley, CA 93924 on

3850 Rio Rd, Carmel, CA 93923
- List price: $1,250,000
- Beds: 2 | Baths: 2 | Square feet: 1,409
- See 3850 Rio Rd, Carmel, CA 93923 on

59 Boronda Rd, Carmel Valley, CA 93924
- List price: $1,550,000
- Beds: 4 | Baths: 2.5 | Square feet: 2,232
- See 59 Boronda Rd, Carmel Valley, CA 93924 on

73 Mount Devon Rd, Carmel, CA 93923
- List price: $2,995,000
- Beds: 5 | Baths: 3.5 | Square feet: 3,586
- See 73 Mount Devon Rd, Carmel, CA 93923 on

#5. New Monterey (Monterey, CA)

330 Stuart Ave, Pacific Grove, CA 93950
- List price: $1,475,000
- Beds: 4 | Baths: 2 | Square feet: 1,940
- See 330 Stuart Ave, Pacific Grove, CA 93950 on

682 Lyndon St, Monterey, CA 93940
- List price: $798,000
- Beds: 2 | Baths: 1 | Square feet: 913
- See 682 Lyndon St, Monterey, CA 93940 on

799 Grace St, Monterey, CA 93940
- List price: $1,139,000
- Beds: 3 | Baths: 1 | Square feet: 1,142
- See 799 Grace St, Monterey, CA 93940 on

879 Lottie St, Monterey, CA 93940
- List price: $1,499,000
- Beds: 4 | Baths: 2.5 | Square feet: 1,892
- See 879 Lottie St, Monterey, CA 93940 on