My suggestion is to buy some land that comes with water. There are currently some great buys in Carmel Valley, especially if you are willing to go further into the Valley like Cachagua and Tassajara.
Ed Stellingsma, Broker Associate - Alain Pinel Realtors, Carmel
Hopefully the links below will help you with your question. Good luck!
Below is the link to the MPWDM web site. The April 2012 Newsletter is posted there.