40-Acre Luxury Estate • Santa Lucia Preserve • Carmel, CA
$2.25M Investment | 50% of Profit | ~$9M Projected Value at Completion
92 Chamisal Pass, Carmel, CA 93923

Architectural render — completed estate with infinity pool, guest house, and solar array
An extraordinary Joint Venture Development Opportunity on one of the largest privately held parcels in Carmel — 40.38 acres with a partially constructed modern luxury estate. Current appraised value: $7.05 Million. Projected completed value: ~$9 Million.
We are seeking a qualified partner to invest $2.25 Million to complete construction in exchange for 50% of profits.

Aerial view — 40.38 acres on a private ridge in Carmel
| Lot Size | 40.38 Acres |
| Main Residence | 4,530 sqft |
| Guest House | 850 sqft |
| Garage | 870 sqft |
| Total Structure | ~6,250 sqft |
| Current Appraisal | $7.05 Million |
| Projected Value (Complete) | ~$9 Million |
| Architecture | Modern Carmel — flat roofs, glass walls, stone columns, multi-volume design, integrated outdoor living |

Steel framing and floor joist installation

Steel frame structure among Carmel oaks
California's Premier Conservation Community — Just 10 Minutes from Carmel-by-the-Sea
The Santa Lucia Preserve is a private, gated community encompassing 20,000 acres of pristine California wilderness — with 18,000 acres permanently protected by the Santa Lucia Conservancy. Hidden away on a historic ranch just minutes from Carmel-by-the-Sea, the Preserve is home to fewer than 300 families and just 297 homesites, making it one of the most exclusive residential communities in the United States.
Residents enjoy a lifestyle that blends wilderness and luxury:
The estate at 92 Chamisal Pass was designed by Greg Klein Architect, a renowned architect and illustrator with over 30 years of experience. Awarded the prestigious Plym Fellowship for Architecture in 1994, Greg spent four months studying revitalization projects across Europe before dedicating the past two decades to residential architecture that bridges classic design with modern living.
His portfolio spans luxury estates across California — from Carmel Valley and Laguna Beach to Atherton, Lake Tahoe, and Sonoma vineyard country. Greg's work is recognized for combining timeless craftsmanship (hammered iron, hand-scraped hardwoods) with modern technology (wireless controls, waterjet detailing), creating homes that feel both remarkable and remarkably comfortable.
Glenn Wilbor
📞 (858) 449-0541
BirdRock Realty | 5234 Cushman Place #300, San Diego, CA
Qualified investors only. Proof of funds required.
California's Premier Conservation Community
This 40-acre estate sits within the exclusive Santa Lucia Preserve — a private, gated community of 20,000 acres located just 10 minutes from Carmel-by-the-Sea. Only 297 homesites exist on the entire property, with 18,000 acres permanently protected by a conservation land trust.
The Preserve is widely recognized as one of the most prestigious residential communities in the United States — a place where wilderness, community, and culture converge to create an idyllic setting for luxury ranch living with ocean views.
A Tom Fazio-designed masterpiece — perennial top 100 ranking. 18 holes set in a pastoral landscape ringed by mountains, unencumbered by roads or homes. Memberships available to residents and non-residents.
World-class equestrian facilities with miles of private trails winding through oak woodlands, rolling meadows, and ridgeline vistas overlooking the Pacific Ocean.
A century-old Hacienda serving as the community's social hub with multiple dining venues, a coffee house, lodging, fitness and recreation facilities, and Moore's Lake.
18,000 acres protected in perpetuity by the Santa Lucia Conservancy. An extensive private trail system for hiking, biking, and exploring pristine California wilderness.
| Address | 92 Chamisal Pass, Carmel, CA 93923 |
| Community | The Santa Lucia Preserve (Gated) |
| Total Acreage | 20,000 acres (community) / 40.38 acres (this lot) |
| Distance to Carmel | ~10 minutes from Carmel-by-the-Sea |
| Total Homesites | Only 297 in entire community |
| Lot Designation | Lot E-24 |
| APN | 239-102-027-000 |
Photos courtesy of SantaLuciaPreserve.com

The Hacienda — Community Hub

Historic Hacienda Exterior

World-Class Equestrian Center

The Ranch Club
Architectural visualizations of the completed estate — landscape, pool, custom gates, and water features.

Aerial View — East Entry Drive

Aerial View — From South (Pool & Estate)

Aerial View — From West

Landscape — Water Feature & Modern Entry

Stone Wall - Entry

Stone Wall — Auto Court

Stone Wall — Garage

Stone Wall — Pool Area

Cantilever Entry Gate

Custom Timber Slab Bench

Timber Gate — Close View

Timber Gate — Wide View

Cantilever Gate — Detail

Water Feature - View 1

Water Feature - View 3

Water Feature — View 2

Infinity Pool — Aerial

Infinity Pool — Eye Level

Infinity Pool — Deck View
3-Car Garage (870 SF) • Guest/Senior Unit (850 SF) with Kitchen, Living, Bedroom & Terrace
4,530 SF • Living, Dining, Kitchen, 3 Bedrooms, Wine Cellar, Covered Terrace
Master Suite, Master Bath & Closet, Balcony, Open to Below