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Former Gene Hackman Estate Coming to Market for $79M

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Over the course of almost two decades, developer Carl Panattoni assembled a stunning, four-acre estate on a seaside bluff adjacent to the famed Pebble Beach golf course. Panattoni's first purchase, in 1993, was a stone estate previously owned by silver screen star Gene Hackman. He and his wife later purchased two adjacent homes to create a waterfront sprawl that, according to the listing agent, is "almost like the Hyannis Port Kennedy compound." Now that the couple are relocating to Southern California to be closer to family, they've listed the fruit of their labors at a stunning price: $79M. Only rich—very rich—golfers need apply.
· Pebble Beach golf course estate on market for $79 million [Sacramento Bee via Homes of the Rich]