Some of you may have missed the following ad. which appeared not so long
ago:
House of the Week
Big View in Big Sur
The Caddell House
What: Two bedrooms, two bathrooms in 3,000 square feet on 9.5 acres
Where: Big Sur, 35 miles from Carmel Calif.
Amenities: A portion of the lot is zoned for a second house. There is an
amphitheater overlooking the Pacific Ocean.
Due Diligence: Perched on a cliff 275 feet above sea level, the
contemporary-style house has redwood beams, syone columns and unobstructed
views to north and south. It was remodeled by architect Mickey Meunnig. The
owner of record is Caddell Construction Co. of Montgomery, Ala.; the
company president, John A. Caddell, and his family use the property as a
second home. The house overlooks a sea-otter refuge and lies across Highway
1 from a state park; both are protected from development. Most of the lot's
acreage is steeply graded cliff, leaving little usable land beyond the
house. Though storms tend to wash out the highway, the area remains a
popular retreat for Silicon Valley tycoons. There are five other properties
in the area listed at more than $2,000,000. Two sales have recently topped
that mark, one a $3,200,000 house also off Highway 1.
Asking Price: $5,200,000 ; Opening Offer: $4,500,000
Nice one, John A.
Ian.