$30 Million Custom Home Site in Pebble Beach, California

For only the second time in over 90 years, this extraordinary property is available on the world-renowned Pebble Beach Golf Links.

Regarded as one of the world's most beautiful places, the historic Pebble Beach Golf Links is also home to some of the most exclusive real estate in the United States. Part of the reason is the scarcity of supply. There are only 34 home sites positioned directly on the golf course.

The other driving force is the unparalleled ocean views, and the opportunity to watch storied events unfold in your backyard, such as the U.S. Open, the annual AT&T Pro Am Gold Tournament, or the annual Pebble Beach Concours d'Elegance antique car show.

Just as the tradition and beauty of Pebble Beach draws visitors from all over the world, the real estate that fronts the golf course has become a global market.

A $30 million property has recently been listed for sale that may be considered a one-of-a-kind opportunity. This double lot consists of 2.3 acres, with over 375 feet of golf course frontage on the 12th Hole of Pebble Beach.

It was formerly owned by the Andrew Orrick family, who bought the land in 1919 directly from Samuel F.B. Morse, the founder and original developer of Pebble Beach.

Mr. Orrick was a personal friend of Mr. Morse, having been a classmate and fraternity brother at Yale University, prior to becoming one of his lawyers.

Mr. Orrick built a 7,700-square-foot home in 1924. Everything moves at a more relaxed pace in Monterey County and Carmel. It took the current owner over three years to gain the permits required to build new structures to replace the 1924 home.

The site commands white-water views and is an ideal location. The lots can be purchased separately, with each lot listed at $16 million and $14 million, or together as one lot. Both lots have water rights and legal parcel maps.

This property represents an opportunity for someone who wants to own and pass on to future generations a piece of world-renowned Pebble Beach.

Steve LaVaute, a high-end Realtor focused on luxury real estate in Carmel and Pebble Beach has recently brought this opportunity to market.

"This extraordinary real estate, like a rare Picasso painting, only comes to the market once or twice in a lifetime," said LaVaute.

For more information at the $30 Million Custom Home Site, please click here.


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Posted by: Nicole Lauber
Posted on: 8/18/2011 at 8:56 AM
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Categories: duPont Marketplace
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