Historic home of one of Carmel's leading architects for sale. Sweeping ocean views offered

Sitting on a hill with sweeping views of the Pacific Ocean, a Carmel home that renowned architect Guy O. Koepp built as his personal residence in 1935 has hit the market for $4.45 million.
Koepp's style influenced much of the charming Northern California town's architecture in the late 1920s and 1930s. His most significant work is the La Rambla building, which he designed in 1929 for Carmel resident Josephine Baber. La Rambla, today a mix of retail spaces and apartments, is known for its courtyard and location near Ocean Avenue.
Jennifer Nazareno and Sterling Malish, who now own the Koepp house, bought the home in 2023 for $3.935 million, according to public records, and enhanced the property by turning a hill of dirt and wildflowers into a beautifully landscaped and terraced backyard that is ideal for entertaining.
'When we first saw the backyard, it was nothing more than a mountain of dirt — but we saw limitless potential,' the sellers said in an email. 'After the renovation, it became an incredible outdoor sanctuary, perfect for everything from cozy movie nights with our daughters to lively birthday celebrations and large family gatherings.'
They created a seamless flow between the kitchen, deck and backyard.
The Spanish-style house unfolds across 2,755 square feet with four bedrooms and four full bathrooms.
Listing agent Mark Peterson of Compass said the location of the home is notable, both for its orientation and the little-known neighborhood where it lies.
'The Carmel Woods area of Carmel is often overlooked as people don't even know it exists,' Peterson said in a statement. 'But just above the Village of Carmel-by-the-Sea is this gently sloping southwest exposed area of homes. The climate is ideal as it basks in a little more sunshine and is protected from the prevailing northwest winds. Views of the iconic Point Lobos are found in these homes.'
Koepp purchased one of the earliest lots for sale in Carmel and knew what he was looking for, Peterson said.
'This home is positioned perfectly to maximize daylight and warm sun exposure,' the listing agent added. 'It has views of Carmel Bay, Point Lobos and over the Del Monte Forest of Pebble Beach. The character and tasteful updates over time complement the original home. This is an authentic California Spanish Revival home.'
Inside, the chef's kitchen contains La Cornue range, Brazilian granite countertops and custom cabinetry. Original refinished hardwood floors run through the interior living space, complemented by Turkish limestone in the bathrooms and lower level. Custom Spanish tiles adorn the risers on the stairs going up to the second level'
Outside, the re-imagined backyard became a relaxing retreat that connects multiple seating areas and outdoor spaces. A separate guest house was once a Spanish carriage home and boasts its own spectacular ocean views.
'A rare gem in Carmel, this estate captures the essence of coastal luxury with history, elegance, and panoramic ocean vistas at every turn,' the property listing states. The home is located at 24410 S San Luis Ave.
The sellers — Nazareno is a public health academic and Malish is a physician — decided to sell because they are relocating, according to a representative for Compass real estate firm.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

San Francisco Chronicle​

38 minutes ago

• San Francisco Chronicle​

Florian Wirtz joins list of most expensive soccer signings in history

Florian Wirtz became one of the most expensive players in soccer history when the Germany playmaker joined Liverpool from Bayer Leverkusen on Friday for a fee of up to 116 million pounds ($156 million). Neymar: $262 million (222 million euros) Paris Saint-Germain shattered the world-record transfer fee by signing the Brazil superstar from Barcelona in August 2017. It was more than double the outlay of Manchester United to sign Paul Pogba from Juventus for $116 million a year earlier. It remains the record transfer fee. ___ Kylian Mbappé: $216 million (180 million euros) A few weeks after buying Neymar, PSG also secured a loan deal for Mbappé — then the rising star of French soccer playing for Monaco — that included the option to make the move permanent in 2018. PSG did so, making it an outlay of nearly $500 million on two players. ___ Flush with cash after selling Neymar a year earlier, Barcelona spent most of it in a deal to buy Brazil playmaker Coutinho from Liverpool for a Spanish record fee. ___ Moises Caicedo: $146 million (115 million pounds) The Ecuador midfielder's move was previously the most expensive deal by a British club, with Chelsea buying him from Brighton in August 2023. ___ João Félix: $140 million (126 million euros) Atletico Madrid triggered a buyout clause in Félix's contract to sign the Portugal forward from Benfica in August 2019. ___ Jude Bellingham: $139 million (128.5 million euros) The England star got his big move to Real Madrid from Borussia Dortmund in June 2023, for an initial up-front fee of 103 million euros plus add-ons linked to performance. ___ Antoine Griezmann: $134 million (120 million euros) Atletico could afford to sign Félix after selling France forward Griezmann to Barcelona for a similar fee a few weeks earlier. ___ Neymar: $98 million (90 million euros) Outside from Europe, the biggest transfer deal also involved Neymar when he joined Al Hilal, a team in the Saudi Pro League, from Paris Saint-Germain in August 2023. That came at the height of Saudi Arabia's push to sign high-end soccer talent to ignite the oil-rich state's domestic league. ___

Politico

3 hours ago

• Politico

Trump says the US doesn't have to meet NATO spending goal

President Donald Trump said Friday that the U.S. shouldn't have to abide by the same defense spending standards as the rest of NATO — potentially antagonizing leaders from the rest of the alliance days before he's to meet with them in The Netherlands. Trump has long demanded that NATO states spend 5 percent of their GDP on defense but has never said if the U.S. should be included in that or not. The U.S. is currently at 3.4 percent. 'I don't think we should, but I think they should,' he said, responding to a question about his 5 percent defense spending goal. 'We've been supporting NATO so long. … So I don't think we should, but I think that the NATO countries should, absolutely,' he added. The summit kicks off Tuesday in The Hague with the leaders of 32 member states coming together to plan spending goals and reaffirm NATO force structure and deployment plans. Most NATO states spend just over 2 percent of their GDP on defense currently, with a growing number having outlined plans to get to around 3 percent over the next year or two. Trump's spending demand has hovered over the alliance since his reelection however, and the alliance has come up with a novel solution: Call for 3.5 percent on defense, with the remaining 1.5 percent taken up by domestic infrastructure and cybersecurity spending. Trump's apparent opting out of the higher target is unlikely to sit well with Republicans on Capitol Hill who've pushed for larger Pentagon budgets and have clashed with the administration over defense spending. Both Sen. Roger Wicker (R-Miss.) and Rep. Mike Rogers (R-Ala.), the chairs of the Senate and House Armed Services Committees respectively, have been pushing to drive U.S. defense spending to 5 percent of GDP. They and other GOP leaders criticized Trump's budget plans for keeping annual defense funding flat, save a one-time investment from Republicans' megabill of spending and tax cuts. Hitting that goal would mean a roughly $1.4 trillion defense budget for the Pentagon. Only Poland, Estonia, Latvia and Lithuania have committed to 5 percent number so far, but most of the rest of the alliance is expected to follow suit at The Hague. There are outlines, however. The Spanish government, which is one of the lowest spenders on defense in the alliance, flatly rejected the 5 percent goal this week. In a letter to NATO Secretary General Mark Rutte obtained by POLITICO, Spanish Prime Minister Pedro Sánchez said his government 'cannot commit to a specific spending target in terms of GDP at this summit.' Other allies who have spent more on defense in recent years are also grappling with how to keep pumping more money into their militaries. 'We have to find a realistic compromise between what is necessary and what is possible, really, to spend,' Germany's defense minister, Boris Pistorius said this month during a NATO meeting in Brussels. Seth Jones, president of the defense and security program at the Center for Strategic and International Studies, said in a press call Friday that U.S. defense spending, at 3.4 percent of GDP, is 'lower than during any time during the Cold War,' and the Trump administration's defense budget as a percentage of GDP 'is likely to be lower than the Carter administration's defense budget in the 1970s.' Connor O'Brien contributed to this report.

Business Insider

5 hours ago

• Business Insider

Accenture is giving consulting a new name as it doubles down on AI: 'reinvention services'

After more than 35 years in the business, Accenture is giving consulting a new name: "reinvention services." The global consulting firm reported its earnings on Friday, highlighting a generally positive performance for the third fiscal quarter of 2025. The firm reported revenue of $17.7 billion, an 8% increase from this time last year. While new bookings were down 6% compared to the third quarter in 2024, Accenture CEO Julie Sweet told CNBC on Friday that the firm was "really pleased" with its bookings and that demand for its services could be seen in its revenue. Sweet said on the earnings call that AI is the firm's strongest bet for creating new demand and that to maximize AI's potential, the firm is consolidating its strategy, consulting, song, technology, and operations services into a single unit known as "reinvention services," starting September 1. "What we're going to do now is make it even easier to bring those solutions, embed data and AI, so we can really scale across our client base and into new markets using our reinvention services," Sweet told CNBC. What consultants do sometimes needs to be explained, and "reinvention services" is no exception. In both her CNBC interview and the earnings call on Friday, Sweet shared several examples of the company's AI-powered reinvention work, which — following its reorganization — the firm will be able to execute more efficiently, she said. In one example, she said Accenture is working with Italian shipbuilding company Fincantieri to launch the first AI-powered ship in 2025. Sweet told CNBC that the ship will be able to "predict its maintenance, manage its energy use on its own, and talk to the dock" before it arrives at its destination. She said Accenture's work to modernize the manufacturing process for Bel, maker of Laughing Cow cheese, would also fall under this new department, as would its collaboration with Brazilian mining company Vale to expedite environmental licensing and permits. She also said the firm is creating AI-generated 3D avatars of physical products for coffee brands like Nescafé, Dolce Gusto, and Nespresso to reduce the time and cost of developing marketing campaigns, which would also fall under the new reinvention services department. Sweet told CNBC that AI can be a "tool" to help companies navigate the future, but to reap the benefits, it will also need to be "disruptive."