A leader for 85 years in wealth analysis, Barron’s, recently named Pebble Beach #6 on its list of the “10 Best Places in America” for second homes. Located on the Golden State’s pastoral Monterey Peninsula, Pebble Beach has long been known for its superlative golf. Rated the #1 public golf facility in America by Golf Digest for 2009-10, the Pebble Beach Golf Links have hosted four U.S. Opens and will be the site for the 2010 challenge slated for June 14-20. But Pebble Beach isn’t the only game in town. There are more than 20 other golf opportunities, some of which are located within the verdant Del Monte Forest, which surrounds the community of Pebble Beach. Estate homes, with panoramic views of Monterey Bay are abundant. According to Barron’s, the median home value in the marketplace is $1.1 million reflecting a 20% reduction from peak pricing.
Just minutes from Pebble Beach lies the quaint seaside village of Carmel. Well-known as the home of Clint Eastwood, a former mayor of Carmel, this charismatic town has been a world-renown destination resort and artist colony since the turn of the last century. California’s “jewel city” is at once eclectic and bucolic and has been cited as the “dog-friendliest” city in the country. From inception, preservation of the natural environment has been a vital consideration as the city founders constructed roads to weave around existing trees in an effort to preserve the area’s ambiance.
And the concept upon which the town was founded has never been forgotten. Sustainable development is the principle upon which Tehama is emerging. This contemporary development overlooking Carmel Bay comprises 2,000 rolling acres but is planned for just 90 homesteads.
The development of Tehama, which is a Native American word meaning “abundance of nature,” has been guided by Clint Eastwood’s dedication to sustainable development – more than 85% of the land has been permanently preserved as open space and the project has been honored with California’s Golden Bear Award for diligent protection of the environment. In addition to its abundant natural assets, the community includes an 18-hole Jay Morrish-designed golf course, tennis, swimming and fitness facilities.
