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The Economic Times
The Economic Times

Clint Eastwood sold 280 acres of his California coastal property for $3.08 million in 1995 — The surprising conservation deal that helped keep Carmel land undeveloped

Clint Eastwood’s connection to California’s Carmel coast goes far beyond Hollywood. For decades, the actor and filmmaker owned substantial stretches of land around Malpaso Creek, a rugged and scenic area near Carmel Highlands. But one of the most significant chapters in that history came in 1995, when Eastwood sold roughly 280 acres to Monterey County for $3.08 million.

The deal was not a simple celebrity donation. Monterey County purchased the land, using public funds that included money connected to California’s Proposition 70. What made the transaction notable was what happened afterward: the property was protected as open space, with a conservation easement intended to prevent future development.

Clint Eastwood’s long connection to Malpaso

Eastwood began buying property around Malpaso Creek in the late 1960s. Over time, his holdings in the area reportedly grew to roughly 650 acres, giving him a substantial presence along one of California’s most spectacular coastal landscapes.

The land stretched around Highway 1 and the Big Sur coast, where steep terrain, coastal habitats and Monterey pine forests created a landscape very different from the heavily developed parts of California.

By the 1990s, however, development pressure was becoming a major issue around Carmel and the Carmel River. Undeveloped coastal properties were increasingly valuable, both to developers and to conservationists seeking to preserve the region’s character.

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The $3.08 million Malpaso property sale

In 1995, Monterey County purchased approximately 279 to 280 acres of Eastwood’s Malpaso property for $3.08 million. The land was divided into five parcels and acquired specifically for open-space preservation. The transaction was connected to Proposition 70, a California state bond measure that provided funding for the acquisition and protection of open space.

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