× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Friday, August 19, 2011, by Sally Kuchar In the 1960s, actor Clint Eastwood starting shelling out dough for plots of land in Carmel that eventually became a development project known as Tehama. Shoot forward to today, and fancy folks are more than willing to write a check for several million dollars so that they can snag a slice of Tehama and call it (vacation) home. Especially celebrities! They love it there. But not all is good in ultra swank Tehama. One of the area's prime lots—a 15.4-acre hilltop building site—is hitting the auction block. The property was previously listed for $3,450,000, but will be auctioned off with an opening bid of just $1,750,000. Local brokers are concerned that this will put a damper on Tehama's reputation for being a magnet to the rich. They'd prefer the seller, Gateway co-founder Norman Waitt, to wait it out and go through what they believe are the proper channels to secure a sale. Unfortunately for them that doesn't seem too likely, as the property is fit to go to auction on August 31. Do invite us over for a picnic.
· Tehama Carmel [official site]
· Auction Prompts Concern at Eastwood’s Carmel Development [WSJ]
· Carmel Auction [Sheldon Good & Company]
· Snag a Piece of Clint Eastwood's Wild West at August Auction [Curbed National]
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