Technology
Bluff Point, in Tiburon, California, is a $37 million waterfront property up for sale
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There’s a 14-acre chunk of a peninsula north of San
Francisco currently for sale for a whopping $37 million — and
that’s excluding home construction costs. -
The property features 2,000 square feet of bay
shoreline, private sandy beaches and approved plans for a
15,000-square-foot residence. -
Though the infamously competitive Bay Area real estate
market has seen plenty of unique listings, this one is a rarity
in that it’s an expansive undeveloped waterfront parcel
situated in the tech capital of the world.
In the San Francisco Bay Area housing market, it’s not uncommon
to find
fire-gutted properties listed for a cool $2 million or
a 1-acre
dirt lot selling for $15 million.
But it seems the most overheated and competitive real estate
market in the nation has finally seen something it’s not used to:
a rare 14.73-acre undeveloped waterfront chunk of a peninsula
listed for $37 million. And that’s excluding home construction
costs.
The forested bay front property, known as Bluff Point, at
2800 Paradise Drive in Tiburon, California, sits on the
end of the Tiburon Peninsula and spans a whopping 2,000 square
feet of shoreline. It offers its future owners an unrivaled
bayside oasis, complete with private sandy beaches and views of
the Golden Gate Bridge, just an hour from downtown San Francisco.
The acreage is about 45 minutes by car from downtown San
Francisco, though sadly it looks like views of the glistening
city lights won’t be seen from the property. Angel Island State
Park sits squarely between Bluff’s Point and downtown.
You can also reach it via a 45-minute ferry ride to Tiburon. From
the ferry’s drop off point to Bluff Point is a seven-minute
drive.
That commute would be even further if you’re coming from south of
the city, from Silicon Valley, which is a strong possibility
considering the island’s price tag and opulence would attract the
region’s wealthy tech clientele.
According to the
listing, property plans are approved for a 15,000-square-foot
main residence, an estimated 2,200-square-foot guest house and a
700-square-foot “caretaker’s cottage.” And if the listing in and
of itself wasn’t rare enough, the property’s ownership has only
changed once in the last 100 years.
It’ll change once more when the land finally sells, though its
532 days spent listed on Zillow doesn’t exactly spell a promising
forecast. Still, it’s the ultimate private beach paradise nestled
in the tech capital of the world. What tech bigwig wouldn’t jump
at that?
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