In 1919 the Pacific Improvement Company acquired 18,000 acres of prime land on the Monterey Peninsula, including the entire Pebble Beach coastal region and much of Pacific Grove. Pebble Beach Golf Links and The Lodge at Pebble Beach opened the same year, and the private enclave evolved into a world-class golf destination with three posh lodges, five golf courses, and some of the West Coast's ritziest homes.
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