A 150-acre oceanfront ranch in Big Sur, California, owned by the Chappellet family for six decades, is listed for $100 million. This property offers expansive coastal views, a private sandy beach, and three residences, presenting a unique investment opportunity in a region known for its natural beauty and exclusivity.
In the realm of luxury real estate, few opportunities parallel the exclusivity and allure of California’s Big Sur coastline. A 150-acre oceanfront ranch, held by the Chappellet family for approximately 60 years, has entered the market with an asking price of $100 million. For goal-driven professionals seeking a strategic investment that combines natural beauty, exclusivity, and potential for appreciation, this property warrants close consideration.
Property Overview
Situated approximately 150 miles south of San Francisco, this expansive ranch offers:
- Breathtaking Coastal Views: The property provides panoramic vistas of the Pacific Ocean, encompassing about 80 miles of coastline on clear days.
- Private Sandy Beach: A secluded beach enhances the property’s appeal, offering unparalleled privacy and recreational opportunities.
- Residential Structures: The estate includes three distinct homes:
- A 1940s ranch-style residence with four bedrooms.
- A three-bedroom house constructed in 2001.
- A four-bedroom home built in 1995.
Historical Context
The late Cyril Chappellet, a senior executive at Lockheed (now Lockheed Martin), acquired the property in the 1960s as a weekend retreat from his primary residence in Pebble Beach. Over the decades, the ranch has remained a cherished family enclave, with successive generations appreciating its natural beauty and seclusion.
Market Positioning
If the ranch sells near its asking price, it would set a record for Monterey County, surpassing the previous high of $45 million for a Pebble Beach property. This potential milestone underscores the property’s unique value proposition in a region where nine-figure transactions are rare.
Investment Considerations
For professionals evaluating this opportunity, several factors merit attention:
- Scarcity and Exclusivity: Big Sur’s rugged terrain and stringent development regulations limit the availability of comparable properties, enhancing the estate’s exclusivity and potential for appreciation.
- Lifestyle and Self-Sufficiency: The property’s remote location necessitates a degree of self-sufficiency, appealing to individuals seeking a retreat that offers both luxury and autonomy.
- Market Dynamics: The listing aligns with a broader trend of high-value real estate transactions, as affluent buyers seek unique properties that offer both investment potential and lifestyle benefits.
Conclusion
The Big Sur ranch represents a rare convergence of natural beauty, exclusivity, and investment potential. For goal-driven professionals seeking a strategic addition to their real estate portfolio, this property offers a compelling opportunity to own a piece of California’s iconic coastline.
