$32M Carmel Valley estate crowns a 10-acre hilltop in Clint Eastwood’s private Tehama community

Set at one of the highest points in the private community, the 6,204-square-foot estate looks toward the Pacific and Santa Lucia Mountains and comes with a serious wellness setup built around an aquatic fitness pool.

Georgie Mihaila
6 Min Read
Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties

There are plenty of compelling reasons to live in the hills above California’s Monterey Peninsula. At 38 Tehama, the view from the top might be the biggest one.

The $32 million estate occupies more than 10 acres atop what the listing describes as Tehama’s highest and most distinctive crest, opening the property to sweeping views toward both the Pacific Ocean and Santa Lucia Mountains.

Its location comes with another interesting distinction: Tehama is the private Carmel-area community founded by actor and filmmaker Clint Eastwood.

But once inside the gates, this particular property has plenty to distinguish itself.

Sherman Chu / Tim Allen Properties

The 6,204-square-foot compound combines a three-bedroom main residence, detached one-bedroom guest house and an unusually extensive collection of wellness spaces, including a purpose-built aquatic fitness pool designed around the type of training used by elite ocean athletes.

Tim Allen of Coldwell Banker Realty holds the $32 million listing.

Rather than lean into the polished finishes typically associated with contemporary California estates, the architecture uses materials with considerably more texture and age.

Sherman Chu / Tim Allen Properties

Barnwood siding wraps portions of the residence, while reclaimed bridge timbers, substantial stonework and steel-framed doors and windows give the house a rugged quality that feels appropriate for its mountaintop setting.

Sherman Chu / Tim Allen Properties

Inside, the main residence has three bedrooms and 3.5 bathrooms, along with a custom kitchen and several offices and lounges.

The grand living room is oriented toward the landscape and opens directly onto a covered patio, where a fire pit creates an outdoor gathering area against the mountain and ocean backdrop.

Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties

That indoor-outdoor relationship is particularly important here.

Sitting on 10.05 acres at the top of the community gives the house the kind of long sightlines that would be difficult to achieve lower down the hillside.

Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties

The detached guest house creates some separation for visitors, with its own bedroom and bathroom away from the main residence.

It maintains the same wood-clad look as the primary residence, with interiors equally inviting and sophisticated — without taking away from the clean, comfort-ready aesthetic.

Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties

But perhaps the estate’s most distinctive feature is its dedicated wellness retreat.

At its center is an aquatic fitness pool designed specifically for exercise and recovery rather than simply lounging by the water.

Inspired by elite ocean-athlete training, the pool incorporates integrated steps and varying depths that allow it to accommodate low-impact exercise, resistance work, breathwork and recovery sessions.

Sherman Chu / Tim Allen Properties

It’s essentially a purpose-built training environment disguised as a very beautiful swimming pool.

And the wellness program doesn’t stop at the water.

A yoga studio, sauna, steam room, cold plunge and dedicated gym create a remarkably complete collection of fitness and recovery spaces at home — one that feels particularly well suited to the estate’s secluded, high-above-the-coast setting.

Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties
Sherman Chu / Tim Allen Properties

The property also benefits from being part of Tehama, Eastwood’s low-density private community in the hills between Carmel Valley and Monterey.

Residents have access to the community’s private amenities, including golf, dining and tennis, along with gated security.

That puts 38 Tehama within reach of Carmel and the Monterey Peninsula while giving it a dramatically different atmosphere from the coastal towns below.

Sherman Chu / Tim Allen Properties

Up here, the defining features aren’t neighboring rooftops or busy streets, but acres of open land and views that move between mountains and ocean.

Sherman Chu / Tim Allen Properties

And at $32 million, the property is certainly positioned at the upper reaches of the Carmel Valley market.

Yet its biggest luxury may be remarkably simple: it occupies more than 10 acres at the top of the hill, with one of California’s most celebrated stretches of coastline somewhere in the distance and the Santa Lucia Mountains unfolding in the other direction.

The estate at 38 Tehama in Carmel Valley is listed for $32 million with Tim Allen of Coldwell Banker Realty.

Sherman Chu / Tim Allen Properties

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With a decade-long career as a digital content creator, Georgie started out as a real estate journalist for Multi-Housing News & CPExecutive. She later transitioned into digital marketing, working with leading real estate websites like PropertyShark, RENTCafé and Point2Homes. After a brief but impactful stint in the start-up world, where she led the marketing divisions of fintech company NestReady and media publisher Goalcast, Georgie returned to her first passion, real estate, and founded FancyPantsHomes.com