The former residence of Hollywood star Clint Eastwood in the scenic seashores town of Carmel-by-the-Sea, California has been finally sold to the tune of 18.55 million dollars, which will be the last chapter in the illustrious real estate history of one of the most renowned actors and moviemakers in America. (Inman)
The estate, which is a century old Spanish Revival building, is referred to as Las Ondas Estate, and is only one block out of the Pacific ocean as well as central to the personal life of Eastwood and the cultural life of Carmel. (San Francisco Chronicle)
A Legendary Home in a Legendary Town
At the crossroads of San Antonio and Ninth Avenues, Las Ondas is not simply yet another upscale property, but it is a part of the film and civic history. Between 1981 and 1996, it was owned and lived in by Clint Eastwood who was the mayor of Carmel-by-the-Sea between 1986 and 1988. (Inman)
Carmel itself is an ideal idyllic city, a flawless beach town situated on Monterey Peninsula, California, which has quaint architecture of Europe, art galleries, clean beaches, and a long-standing reputation of attracting creatives, writers and celebrities. Eastwood’s connection to the town extended well beyond this home — in fact, his deep affection for Carmel is widely documented, including his later development of the exclusive Teháma community nearby. (Forbes)
The Sale: What Happened
The Las Ondas Estate eventually sold at $18.55 million after being publicly introduced to the real estate market at an original asking price of 21 million. (Homes)
Tim Allen of the Coldwell Banker Realty team in Northern California made the sale and was the representative of the buyer and the seller. The buyer has not yet been publicly declared, but the property was very sought after, and there were multiple bids before the closing of the deal. (Homes)
The Property: A Closer Look
Las Ondas translates The Waves in Spanish, and it is a capture of old alluring charm of coast and structures of Carmel. It has an estate comprising about 11,400 square feet of land which comprises:
The Spanish Revival type is now covered with historic stone and classic details, and one of the historic designs of the Spanish Revival type. (SFGATE)
- About 4,442 sq.ft. of living space. (Fancy Pants Homes)
- Four bedrooms and 4.5 bathrooms. (Fancy Pants Homes)
- The vaulted ceilings, cherry flooring and fireplaces which give the impression that it is delicate but at the same time comfortable. (Fancy Pants Homes)
- Gourmet kitchen, formal dining room, temperature-controlled wine room and media room – amenities of such a large house. (Fancy Pants Homes)
- Different outdoor and ocean view and green courtyard. (Fancy Pants Homes)
- The property is privately situated directly in an immediate walk of the beach and downtown Carmel-by-the-Sea in one of the most sought-after real estate enclaves in California. (SFGATE)
Historical and Cultural Significance.
Being related to the life and the legacy of Clint Eastwood is one of the factors that makes Las Ondas unlike most other luxury properties. Eastwood the Academy-nominated actor/director that appeared in such classics as Dirty Harry, Million Dollar Baby, Unforgiven, and others, did not come and live in Carmel, but he even made it what it is nowadays. (Inman)
At the time he served as a mayor he was renowned as an unorthodox yet people oriented mayor. The one most notorious example: his crusade against an old city ordinance, which forbade the sale of ice cream on the sidewalks of the city streets,– a regulation which he caused to be repealed. (Reddit)
The fact that his civic activity and cultural influence made him a fun beloved in the town and that the house in which Eastwood used to walk, work, and entertain people has a historical aura that is not quantifiable in terms of the market. (Inman)
Market Digital: Carmel and Beyond Real Estate.
The $18.55 million price is a big price to pay however one should put this sale in perspective. The real estate business along the Monterey Peninsula including Carmel-by-the-Sea and the neighbouring Pebble Beach is characterized by the luxury sales, breathtaking ocean views and the lack of any properties with deep historical background. (The Real Deal)
In comparison, other luxury estates within the vicinity have fetched even more among them a Pebble Beach mansion which fetched a record of 45 million dollars, to the county. (KTVU FOX 2 San Francisco)
But those houses having direct connection to historic persons especially cultural icons such as Eastwood tend to attract extraordinary buyers fascinated by more than luxury facilities. The architectural beauty, celebrity ownership and ideal location all add to the long-term attraction of Las Ondas. (The Real Deal)
Life After Eastwood: What Next to the Estate.
As the sale is now closed and a new owner has come in, Las Ondas is at a new stage in its many years of existence. Although the intentions of the buyer are yet to be announced, such high-quality properties are usually owned as personal houses or sometimes even go to short-term luxury rental service. With the historic nature and architectural soundness of the home, chances are the new owner will retain its historic appeal, but may also make certain changes in the name of the modern lifestyle, but all with the most incredible environment of the legendary coastline of Carmel. (Homes)
The Lifelong Affection of Clint Eastwood to Carmel.
Despite the fact that Eastwood sold Las Ondas in the late 1990s, he still has a great linkage with Carmel. In addition to this property, he is also very engaged in local land preservation and development – including the Teháma community, an exclusive and sustainable residential community which he conceived and built overlooking the hills above Carmel Valley. (Forbes)
That undertaking highlights the commitment of Eastwood not only to luxury living, but to carefully safeguarding the environment and being a good steward of the land, which reflects the natural beauty of the place he has spent decades of his life. (Tehama)
Overall: More Than Just a Home.
The purchase of the old house in Carmel-by-the-Sea that Clint Eastwood is selling to a buyer at 18.55 million is not just a purchase of a house but it is also a purchase of culture. It is the sale of an asset that has a very strong attaching to Hollywood history, town politics, and the luxe coastal lifestyle familiar to Northern California. (Inman)
Showing the Las Ondas Estate in a new era of its history is a tribute to the rich heritage of one of the most impactful representatives of the cinema industry – and an invitation to the audience to remember about the unique narratives that old houses can provide. (San Francisco Chronicle)
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