Overview

Offering Summary

Kidder Mathews and Sotheby’s International have been retained to exclusively market a rare opportunity to acquire September Ranch subdivision project, an 891 acre, fully entitled residential development site and equestrian center in the heart of Carmel Valley. September Ranch will be the last premiere estate lot development in all Carmel Valley. It is an extraordinary opportunity to develop 73 estate lots, with an average lot size of 4.38 acres, in a pristine natural setting with sweeping vistas of the valley and the ocean.

The Seller completed the entitlements in December, 2010. Entitlements and water rights for September Ranch are extremely difficult to obtain and are extraordinarily valuable once achieved. It would be virtually impossible to replicate the September Ranch opportunity.

Site Highlights

September Ranch is the last premier estate lot development in Carmel Valley, it is entitled with water rights in place. Following are some of the major benefits to living in Carmel Valley:

  • 5 Miles to Pebble Beach
  • 2.5 Miles to Carmel-By-The-Sea, boasting award winning restaurants and shopping
  • 20 Acre equestrian center on-site
  • True 4-season destination with year-round mild weather
  • Majestic views of the Pacific Ocean and Carmel Valley
  • Only 7 miles to Monterey Airport
  • World class golfing
  • Top schools, such as Robert Louis Stevenson and the York School
  • 50 World-renowned wineries nearby

Property Overview

Address
676 Carmel Valley Road, Carmel, CA 93923

APN #
015-171-012-000

Property Size
891 Acres

Subdivision Estate Lots
Entitled to build 73 Estate homesites at market rate: 22 Affordable single-family homes - water rights in place

Total Lot Area
319.7 Acres: Lot sizes range from 1.8 acres to 12.3 acres: Average lot size is 4.38 acres

Trails & Equestrian Center
Over 8 miles of hiking and equestrian trails for use by residents and equestrian center patrons: Equestrian center is 20 Acres, located at the entrance to the property

Offering price is $32,500,000.
IRR: 20%

Offers may be submitted at any time. A call for offers deadline may be announced. Please register to gain access to offering memorandum and due diligence materials.

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Equestrian Center
A 20.2 acre Equestrian Center is located on September Ranch directly off of Carmel Valley Road at the entry to the property. It will be a special amenity to all residents and equestrian center patrons who will take advantage of the 8 miles of September Ranch equestrian trails in a pristine natural setting.
Conservation Areas & Open Space
September Ranch is dedicated to preserving open space, including over 8 miles of hiking and equestrian trails for use by community residents and equestrian center patrons.

Location

Summary

September Ranch is nestled within Carmel Valley a sublime pastoral river valley amongst the towering Santa Lucia range. Only 2.5 miles from Carmel-by-the-sea and 5 miles to Pebble Beach it has an ideal sunny climate and boasts some of the best schools in California. From the most scenic and pristine beaches to hiking and biking trails to world class golfing, premier dining and wine tasting, international arts festivals and entertainment opportunities are available in Carmel Valley all year round.

September Ranch will be a private gated estate situated on the south facing slope divided by several small canyons. It is directly adjacent to Clint Eastwood’s Tehama 2,000 acre private home development of 90 estate lots with award winning golf course. It is also directly across from the prestigious 20,000 acre Santa Lucia Preserve’s 300 home sites.

Carmel-by-the-Sea celebrates its centennial this year. The San Francisco Chronical highlights the best that the city has to offer.
Read more

Highlights

  • Close to Pebble Beach, Quail Lodge and Spanish Bay world-renowned golf courses
  • 2.5 Miles to Carmel-By-The-Sea with luxury shopping and award-winning restaurants
  • 50 Distinguished wineries in close proximity
  • Regional airport 7 miles away
  • Destinations nearby: Point Lobos, Big Sur and the famous Bixby Bridge
  • Top schools in the area: The York School, Robert Louis Stevenson and Santa Catalina

Market Area

Proven Product & Market Acceptance

The restriction of new supply of housing units and water rights under the Carmel Valley Master Plan and the proven success of Clint Eastwood’s Tehama development directly adjacent to September Ranch ensures the success of this rare development opportunity at September Ranch.

Comparable lots are selling in the $1.2 to $5 million per lot range, depending on view & lot size.



Due Diligence & Offering Memorandum

Please register to go to gain access to the due diligence materials and the offering memorandum.