Friday, January 31, 2014

The Economy must be coming back in California: 31 million dollar property sold in Big Sur

 I was surprised when a friend called me about this. It is a pretty big deal that something this big sold as an "oceanfront getaway". If high end sales for homes are being made if you are selling your home somewhere in California or other western states this might be good news for you.

Carmel Pine Cone, January 31, 2014 (front) - The Carmel Pine Cone

pineconearchive.fileburstcdn.com/140131PCfp.pdf
14 hours ago - $31,394,000 — one of the largest sale prices for residen- tial real estate in Monterey .... BIG SUR OCEANFRONT GETAWAY SELLS FOR $31M.
By CHRIS COUNTS
A
HOME with stunning views of the Big Sur coast,
along with more than 90 acres of rugged land divided
among two parcels, sold last week for a staggering
$31,394,000 — one of the largest sale prices for residen-
tial real estate in Monterey County history.
The seller was David F. Brubaker, and the buyer took
title via a company called Ankle Crisper LLC. Calls to
Brubaker and Ralph Arnheim, a Palo Alto businessman
who is either the actual buyer or his representative, were
not returned.
One of the properties is the site of the distinctive
Staude House, which was named for its first occupants,
pharmaceutical businessman Tony Staude and his wife,
Marguerite, who achieved fame as the designers and
financiers of the Chapel of the Holy Cross in Sedona,
Ariz. Tony Staude died in 2006.
Designed by the late architect George Brook-Kothlow
of Carmel Valley, the Staudes’ Big Sur house was con-
structed in the late 1960s with reclaimed redwood bridge
timbers.
The house was small, just two bedrooms and two
baths, with a total living area of 2,234 square feet, accord-
ing to county records, but was built in a breathtaking loca-
tion on the edge of the Big Sur coast. Its distinctive circu-
lar shape is clearly visible in aerial photographs.
A separate structure on the southern part of the prop-
erty comprises just 435 square feet, according to county.
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Carmel Pine Cone, January 31, 2014 (front) - The Carmel Pine Cone

 

If you want to read more please click on above PDF site.

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