Sandra And Alan Silvestri Sell Carmel Highlands Estate For $11.5 Million With Shelly Lynch As The Broker

The property sold is a single-family estate located at 72 Fern Canyon Road in Carmel, CA, boasting an expansive 14.71 acres. The sale was completed for $11,500,000, which is below the initial asking price of $13.75 million. This estate features a main house with a total area of 12,175 square feet, along with three guest houses, a pool, a spa, and a tennis court. The estate has served as a creative retreat for Grammy-winning composer Alan Silvestri for more than 30 years.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $11,500,000
• Property Address: 72 Fern Canyon Road
• Market: Carmel, CA
• Seller: Sandra & Alan Silvestri
• Broker: Shelly Lynch - Carmel Realty Company
• Acres: 14.71
• Square Footage: 12,175
• Price Per Square Foot: $945

Sandra and Alan Silvestri, the sellers, have capitalized on the long-standing appeal of their property by selling it through broker Shelly Lynch of Carmel Realty Company. The successful transaction involved a comprehensive understanding of the market, reflecting the property's notable history and its role in Silvestri's artistic endeavors.