How much did Clint Eastwood sell his pebble beach house for?
Clint Eastwood has put his Pebble Beach, CA estate on the market for $9.75M with Sotheby’s International Realty’s Mike Jashinski. According to Mansion Global, this home is one of many that Eastwood owns in Monterey County and it last changed hands in 1994 for $3.925M.
Who owns the Pebble Beach Company?
1999-07-31 04:00:00 PDT PEBBLE BEACH -- An investors group led by actor Clint Eastwood, golfer Arnold Palmer and former baseball commissioner Peter Ueberroth officially acquired the Pebble Beach Co. yesterday for $820 million.
Is Clint Eastwood’s House East Wood?
A loose translation for Hacienda Este Madera is the giveaway: House East Wood. Yes, it belongs to Clint Eastwood, a long-time resident of the area and chairman of the Monterey Peninsula Foundation and next week’s AT&T Pebble Beach National Pro-Am.
How much does Clint Eastwood’s Monterey house cost?
According to Mansion Global, this home is one of many that Eastwood owns in Monterey County and it last changed hands in 1994 for $3.925M. The listing refers to the home as “Hacienda Este Madera,” which literally translates to East Wood Estate, and notes that it is situated on a 4.7-acre gated property in an exclusive area of Pebble Beach.
How much did the Ueberroth and Ferris golf course sell for?
The course sold for $820 million to a group of 132 investors and closed in ten days.
How much did Arnold Palmer invest in the Ueberroth deal?
To lend some golf clout to the deal, Ueberroth added Arnold Palmer to the list of investors. The investments of the initial group were for less than $20 million apiece. That meant raising several hundred million dollars in just a few days.
What did Ueberroth offer Lone Cypress?
However, Ueberroth's wide network allowed him to offer three things to Lone Cypress Co., the Japanese company selling the course: celebrity involvement, investment in preserving the course and its history, and a quick closing process. Harry How/Getty Images.
Who was Clint Eastwood?
Harry How/Getty Images. Ueberroth first called Clint Eastwood, who had plenty of experience in civic duties in California, including serving as mayor of Carmel, a short drive to Pebble Beach. Eastwood was also quite popular in Japan. After Eastwood, Ueberroth connected with Richard Ferris, former CEO of United Airlines.
Who was the commissioner of Major League Baseball in 1984?
And Peter Ueberroth wasn't about to let a corporation get its hands on it. Ueberroth has played a major role in sports for more than 40 years. He organized the 1984 Summer Olympics in Los Angeles and later served as commissioner of Major League Baseball.
How many acres is Este Madera?
The listing refers to the home as “Hacienda Este Madera,” which literally translates to East Wood Estate, and notes that it is situated on a 4.7-acre gated property in an exclusive area of Pebble Beach. Clarence Tantau, a prominent San Francisco architect, designed the home in the 1920s and is responsible for its Spanish Farmhouse style, ...
How much is Clint Eastwood's Pebble Beach estate worth?
Clint Eastwood has put his Pebble Beach, CA estate on the market for $9.75M with Sotheby’s International Realty’s Mike Jashinski.
Who designed the Spanish farmhouse?
Clarence Tantau , a prominent San Francisco architect, designed the home in the 1920s and is responsible for its Spanish Farmhouse style, which features thick adobe walls, terracotta roof tiles, hand-crafted iron work and iconic Spanish doors.
How much did Isutani sell his golf course for?
Isutani sold the property about 18 months later to two Japanese companies at a $340 million loss.
What was the goal of the new ownership group?
Per the Monterey County Weekly, the goal of the new ownership group was about course and resort improvement over strictly profit.
Who is Clint Eastwood talking to?
Updated Jun 16, 2019 at 4:03pm. Getty Musician Huey Lewis talks to actor Clint Eastwood on the 18th tee box during the 3M Celebrity Challenge prior to the AT&T Pebble Beach National Pro-Am at Pebble Beach Golf Links on February 10, 2016 in Pebble Beach, California.
When did Del Monte Properties re-incorporate?
It’s at this point Hollywood stepped up the plate with an almost literally galactic offer. On March 30, 1977, Del Monte Properties Company reincorporated as Pebble Beach Corporation.
Is Pebble Beach for sale?
Pebble Beach, the host of this week’s U.S. Open, is not for sale—thanks to an $820 million deal involving Clint Eastwood and Arnold Palmer https://t.co/5sxiwLKOI2
Who narrates Jack and Pebble Beach?
Amateur at Pebble Beach (Calif.) Golf Links, Jack Nicklaus won the first U.S. Open contested there. The original film, narrated by Chris Schenkel. For more from the 2019 U.S. Open Championship, visit usopen.com. 2019-05-27T15:12:32.000Z
Who invented the Pebble Beach?
It involves various big pockets as far east as Japan and as far west as Hollywood. According to the Pebble Beach website, Samuel Morse, a distant cousin of the inventor of the telegraph, founded the company and course in 1919.
How many acres are there in Monterey?
In describing his purchase to a friend, Morse said, “The properties include 18,000 acres of land on the Monterey Peninsula, all of the Pacific Grove and Pebble Beach areas, Del Monte Forest lands (which are traversed by 17-Mile Drive), the Los Laureles Rancho (more commonly called the Del Monte Rancho), Hotel Del Monte and all improvements, Pebble Beach Lodge and all improvements, and the capital stock of the Monterey County Water Works, which supplies water to the towns of Monterey, Pacific Grove and Carmel.”
What was the Osborne era?
It was also during the Osborne era that members of the Monterey Peninsula Country Club pooled their resources and bought the club from the company. Osborne also participated in the beginning of the development of Spyglass Hill Golf Course in 1963.
When was Pebble Beach Golf Links opened?
February 22, 1919 , saw the grand opening of Pebble Beach Golf Links and the Del Monte Lodge at Pebble Beach, which replaced a log-cabin lodge originally located on 17-Mile Drive.
When did Del Monte Properties re-incorporate?
On March 30, 1977 , Del Monte Properties Company reincorporated as Pebble Beach Corporation. Twentieth Century-Fox used its profits from its film Star Wars to buy Pebble Beach Corporation in May 1979. During this era, Marvin Davis (after purchasing Twentieth Century-Fox) completed development of The Inn & Links at Spanish Bay.
Who sold Pebble Beach?
In 1990, Davis sold Pebble Beach Company to Japanese businessman and golf fanatic, Minuro Isutani, who would then go on to sell to The Lone Cypress Company (formed by the Japanese Sumitomo Bank and Taiheiyo Club) in March of 1992.
Who was the president of Spyglass Hill Golf Course?
In November 1964, Osborne was bumped up to vice chairman and Aime G. Michaud was added to the board and named president.
Who died on 17 mile drive?
On May 10, 1969, Samuel F. B. Morse died, 10 years after ensuring that easements would preserve hundreds of acres of forest and coastline along the 17-Mile Drive for generations to come, and 50 years after establishing a veritable monument to the power of nature and beauty.