Property magnate Patrice Pastor has spent $100 million buying more than a dozen iconic homes and locations in the picturesque village of Carmel-by-the-Sea.
Monaco billionaire Patrice Pastor agreed to open the iconic Big Sur property to the public in exchange for the California Coastal Commission clearing construction violations made by the former owners.
Monaco billionaire strikes deal to grant public access to Big Sur property with breathtaking views yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Carmel Art Festival: A celebration of fine art and the setting that inspires it montereyherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from montereyherald.com Daily Mail and Mail on Sunday newspapers.
Horror stories about idyllic small towns being roiled by rich, out-of-state carpetbaggers buying large swathes of real estate often have a buyer from California as the bad guy. The shoe is on the other foot for Carmel, also known as Carmel-by-the-Sea, where a foreign billionaire is buying so many properties so quickly that the locals are becoming very concerned. A Seaside Paradise And Celebrity Hideaway It would not be an overstatement to describe Carmel as one of the most idyllic enclaves on th