A developer is building a stunning coastal enclave for rich tech elites who are shunning golf communities - take a look

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A developer is building a stunning coastal enclave for rich tech elites who are shunning golf communities - take a look

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Courtesy of Walden Monterey

A modern-day Walden Pond is rising in Monterey, California.

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More than 170 years ago, author Henry David Thoreau camped out in the Massachusetts wilderness to experience life away from civilization.

His life near Walden Pond has seeded an idea for a new housing development that marries an idyllic setting with internet, electricity, and other creature comforts of the 21st century.

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Walden Monterey is a 22-home enclave set on 609 acres overlooking the California coastline. It's the latest extension of the "agrihood" trend, in which millennials turn away from the golf communities beloved by baby boomers in favor of "agricultural neighborhoods" that offer ample green space, farms, and outdoor community kitchens, among other amenities.

The community at Walden Monterey is still under construction, and no homes have been built yet. The lots will sell for about $5 million each - a price tag that only includes the land.

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The developer of Walden Monterey is betting that tech executives, looking to unplug from the daily grind of Silicon Valley and reconnect with nature, will find respite. Take a look.