Monaco billionaire strikes deal to grant public access to Big Sur property with breathtaking views
LA TimesHighway 1 drivers along the central coast will soon gain public access to an iconic Big Sur property under a deal struck between the California Coastal Commission and billionaire owner Patrice Pastor. Drivers and Big Sur visitors will soon gain access to more breathtaking views of the rugged bluffs of Highway 1 along California’s Central Coast under a recent deal between state regulators and a Monaco billionaire to open a renowned piece of cliff-side property to the public. The California Coastal Commission and Rocky Point owner Patrice Pastor landed an agreement last month to open the 2.5-acre seaside parcel to the public in exchange for clearing violations related to unapproved construction and property changes made by the former owners. “We worked hard to craft a deal that would provide amenities for visitors and residents alike, including trails, picnic tables and even public parking and restrooms.” Pastor, a billionaire from Monaco who has in recent years purchased several properties in Carmel, bought the Big Sur land with ambitions to develop the property and open a restaurant, inn and visitor center.