Carmel

In Carmel-by-the-Sea, a popular tourist destination located on the Central Coast of California, a recent $7.5 million sale has sparked concern among locals, who fear Monaco billionaire Patrice Pastor is quickly buying up the tiny Monterey County village.Pastor’s latest acquisition, the La Rambla building, is a two-story stucco structure that boasts retail space on the ground floor and apartments on the second level, complete with Juliet balconies facing the street. Built in 1929, the building’s defining feature is a…

A legendary Silicon Valley tech leader who bought a vast ranch in Carmel Valley 40 years ago is selling the property to a conservation group to become a new public preserve and cultural site. In 1977, Mike Markkula gave two unknown, shaggy-haired computer programmers, Steve Jobs and Steve Wozniak, $250,000 to help turn their young partnership into a new company. He become the third employee at Apple, served as its CEO and chairman of the board, and at one time owned 26% of the company. Markkula, an engineer who had worked…

The latest chapter in Brad Pitt’s real estate wheeling and dealing is coming to a close with a report that the actor has engaged in a rich people’s version of a “Trading Spaces”-style home swap with Getty Oil heiress Aileen Getty. Pitt has purchased Getty’s three-bedroom, midcentury-modern home in Los Feliz for $5.5 million, after she bought his $33 million estate in the same Los Angeles neighborhood, the website Dirt reported this week. For Pitt, buying Getty’s elegantly sleek, 2,000-square-foot home is his version of…

Brad Pitt has just sold the Los Angeles estate he’s owned for almost three decades — a property he once referred to as the “childhood home” for his six children with Angelina Jolie — and is moving to Carmel. TMZ reported the sale of Pitt’s Los Angeles compound for $39 million Tuesday. The TMZ report also said the actor plans to move to Northern California, where he purchased “Seaward,” a historic, castle-like seaside home in Carmel Highlands last summer. A Page Six report in December said that the 59-year-old Pitt would…

This hybrid book, which is not quite a memoir and not quite a conceptually linked essay collection, begins with the death of a young Irish woman called Grace Farrell, whose body was discovered outside St Brigid’s Church in Manhattan’s East Village on 20 February 2011. Having arrived in New York from Ireland in 1993 with the dream of becoming an artist, Farrell was 35, homeless, and an alcoholic when she froze to death in an alcove of the church on Avenue B on the coldest night of the year.Carmel McMahon came to New York a…

CARMEL – Brad Pitt said of the Carmel Highlands property overlooking the Pacific he recently shelled-out $40 million for, “It’s a place I have been in love with since the ’90s.” The 58-year-old actor bought the D. L. James House in the Carmel area of Monterey County, adding another significant real estate gem to his portfoliom which he said could be his new bachelor pad. Pitt(Photo byJon Kopaloff/Getty Images)  “I guess I am (a bachelor),” Pitt told Extra at the Los Angeles premiere of his new movie “Bullet Train.” “It is…

Brad Pitt’s decision to shell out $40 million to purchase a historic oceanside estate in Carmel Highlands is a reminder of how picturesque Carmel-by-the-Sea has at times been the preferred first or second home for celebrities looking to escape the pressures of Hollywood life. With Pitt adding the elaborate, castle-like bungalow known as “Seaward” to his extensive real estate portfolio, the Oscar winner will become neighbors to another Oscar winner, Clint Eastwood. The “Dirty Harry” actor has lived, at least part of the…