HOT HOT PRICE REDUCTION OF $196,000.This is one of the largest and most private homesites at 4.2 acres (22+ acres total) allows you to create a truly expansive estate with a 1+ story main residence, guest house and equestrian facilities with a barn and stable. Stunning views toward Carmel Valley and Santa Lucia mountains. Spectacular sunsets over Pacific Ocean with ocean glimpses. 100 year old Heritage Oaks frame a relatively flat walkable meadow with significant walkable land outside of homesite. Existing plan for 4000+ sf Hacienda-style main home designed by renowned architect Eric Carlson. Enjoy the Preserve amenities including 1920s Hacienda with lodging and dining; Top 100 Tom Fazio designed golf course; Equestrian Center w/100 mi of walking and riding trails; 18 acre lake for fishing and recreation; 2 swimming complexes; fitness center; tennis and more. The site offers peace and serenity, ocean breezes and sunshine.