How to explain the existence of a 20,000-acre nature preserve with a smattering of homes and a superlative golf course a short distance from the most coveted address in American golf? Patient money and pure serendipity led to the creation of Santa Lucia Preserve in Carmel, Calif., its western boundary a mere three miles from Pebble Beach. Tucked in the temperate coastal foothills of the Santa Lucia Range, the Preserve ca... Full Story