A remote seaside compound in Central where the same family has lived for nearly six decades is up for sale. Californiascenic Highway 1, about 30 miles south of Carmel-by-the-Sea Monterey Countyalong the rugged and dramatic road Great Wall coastline.

Owner of this land in the 1800s Pfeiffer familyThey were among the first European settlers in the area, for whom a state park is today named. Purchased as a weekend getaway in the late 1960s Cyril ChappelletA former Army and commercial pilot who helped found the Lockheed Corporation, the property spans two separate addresses with private beach access and is asking a hefty $100 million.

If the place goes anywhere near that amount, it will be one of the most expensive residences in the area. real estate Transactions recorded so far dwarf recent ones $45 million The sale of former San Diego Padres owner John Moore’s luxury home on the 18th hole of Pebble Beach Golf Links.

RELATING TO: A Rare Waterfront Compound in SoCal’s Orange County Hits the Market for $50 Million

Located on a 150-acre parcel of land offering manicured gardens, orchards, and panoramic views of the Pacific Ocean and Santa Lucia Mountains, the expansive campus is accessible via a gated entrance and features “ample land for raising livestock and poultry.” listTim Allen of Coldwell Banker Realty has it.

Known as the Heart of Rancho Rico, the property features three residential structures highlighted by a 1940s-era main house with four bedrooms and five bathrooms in 3,750 square feet of modern living space with three fireplaces, plus a covered porch and a two-car garage. There is also a 1,960-square-foot, two-story farmhouse with three bedrooms, two bathrooms, and a fireplace, as well as a 2,500-square-foot, two-story farmhouse with four bedrooms and two bathrooms built in 1995, as well as a garden house built about 2001. Other amenities include a scenic campsite, reflection pond, food forest, underground trampoline and a private path to a secluded beach.

Upon Chappellet’s death in 1991, the Heart of Rancho Rico was inherited by his daughter, and when she passed away in the early 2000s, her children inherited the extensive estate. As first reported Wall StreetJournalC. Blake Forrest and his sisters, Michele and Kira Forrest, are selling because their children are grown and ready to move on to the next stage of life.

“Four generations of our family have spent time on this property for the last 60 years,” Blake said. “As a child, my sisters and I spent most of our summers ‘on the farm’ as (our grandfather) called it. We had countless family gatherings over the sixty years, and it was also where my siblings and I raised our own families. “We hope future owners will embrace this property, share it with their families, and preserve its beauty for generations to come.”

click Here For more photos of the Chappellet family compound.