A 10-acre hilltop estate inside Clint Eastwood's private Tehama Golf Club in Carmel Valley has hit the market for $32 million, marking the highest asking price ever recorded inside the gated enclave. The property, known as 38 Tehama, sits on the community's highest ridge and was completed earlier in 2026 with a cold plunge, sauna, wellness pavilion, and a detached guest house built alongside a three-bedroom main residence.
The listing, first reported by The Real Deal, carries an unusual backstory: the parcel was originally the homesite Eastwood himself wanted before he opted for a different plot closer to Tehama's clubhouse. Tony Miller, co-founder and CEO of Harbor Health, and his wife Natasha Miller bought the empty 10.05-acre lot in 2022 for $6.25 million, according to Tehama Carmel, which notes the site's views stretch from Point Lobos to the Santa Lucia Mountains.
A Wellness Retreat Built, Then Sold, in Short Order
The Millers planned to retire in California and spent years designing and constructing the estate, according to the seed reporting. Instead, the couple decided to sell shortly after moving in, following Tony Miller's relocation to Texas, per the same account.
Seattle-based builder Dowbuilt constructed the 6,204-square-foot main house, which incorporates barnwood siding, reclaimed bridge timbers, steel doors, lilac marble countertops, and a custom Mesquite wood island topped with a hand-crafted copper hood, according to Tim Allen Properties. Natasha Miller specifically envisioned the home as a private wellness spa, and the finished estate includes a custom pool with multiple depths, ramps, and underwater resistance-training stations, along with a steam room, yoga room, and a 1,200-bottle wine cellar.
Fire-Hardened Design Meets Off-Grid Ambition
Beyond the spa amenities, the Millers built the home with solar power and backup generator systems, using fire-resistant treatments on wood surfaces and defensible-space landscaping throughout the property, according to The Real Deal. That resilience reflects broader infrastructure built into Tehama itself, including an on-site water filtration plant and wastewater reclamation used for golf course irrigation.
The 2,000-acre Tehama community, founded by Eastwood in the hills above Carmel Valley, was developed under a master plan capping the enclave at 90 total homesites, with 85% of its acreage preserved as open space alongside an 18-hole Jay Morrish-designed championship golf course, according to Forbes. That scarcity is central to the pricing story: home ownership inside the gates comes with an automatic social fitness membership covering community dining, pools, and tennis and pickleball courts, but membership to Eastwood's private golf course itself requires a separate, invitation-only application, according to Amy Green Real Estate.
Tehama Prices Dwarf the Rest of Carmel Valley
The gap between Tehama and the surrounding market is stark. The median sales price across the broader Carmel Valley real estate market stood around $2.18 million in mid-2026, while active listings inside Tehama itself ranged from $2.75 million for vacant parcels up to the $32 million now asked for 38 Tehama, per Amy Green Real Estate. Just months earlier, in January 2026, another finished Tehama estate — a 6,949-square-foot contemporary home built in 2007 with dual pools, three Tesla Powerwalls, and gigabit internet — was listed for $12.99 million, according to PriceyPads.com, underscoring how far above older inventory the newly completed estate is priced.
Listing agent Tim Allen of Coldwell Banker Global Luxury, recognized as the company's No. 1 agent nationwide and the top overall real estate agent in the Bay Area in 2021, 2023, and 2024, said more successful people are deciding to spend more time in the Monterey region. Allen has specialized in Monterey Peninsula luxury properties for more than two decades, and describes the region as a destination for people who have already found success elsewhere.
AI Wealth Is Reshaping the Coast
The listing lands amid a broader wave of Northern California tech liquidity reshaping the coastal luxury market. Roughly $70 billion in Bay Area AI venture capital was raised in 2024 alone, a surge that has driven a wave of all-cash buyers seeking second homes and retirement compounds in Carmel, Pebble Beach, and Monterey, as Hoodline reported back in January. Renewed interest in high-end Monterey Peninsula homes tied to that AI boom has helped power demand from top-of-the-market buyers seeking what agents describe as an improved quality of life.
For now, 38 Tehama — marketed as The Summit at Tehama — stands as the enclave's most expensive listing to date, a wellness compound built for a retirement that never happened on land its founder once wanted for himself.
