Seriously expensive waterfront building plot goes on sale outside San Francisco; it comes with plans for the perfect home for a tech titan
14.5 acres of forested land with 2,000 feet of frontage to San Francisco Bay shoreline has gone on sale for what could be one of the highest prices ever for a single residence building plot in Northern California.
2800 Paradise Drive in Tiburon, Marin County comes with planning permission for a 16,000 square foot main residence, a 2,200 square foot guest house and a 700 square foot caretaker’s cottage and is also described as ‘The Bluff Point Estate’. It is situated six miles east of the US 101 Tiburon Boulevard interchange and is described as being “within minutes of downtown Tiburon and the Golden Gate Bridge”.
The last remaining piece of land of this size to remain undeveloped in this area is adjoined by the palatial Drever Estate – which, according to SF Luxe’s Damion Matthews, was marketed for $37 million in 2010 (the equivalent of $41 million, £31.7 million, €37.6 million or درهم150.6 million today) by Concierge Asset Management chairman Maxwell Drever and his wife, Janice. It is described as providing an opportunity to create “a world class super low density single owner residential estate”.
Offered by Bill Bullock and Lydia Sarkissian of Global Estates Decker Bullock Sotheby’s International Realty, 2800 Paradise Drive is vacant, entirely fenced and has a dirt fire access road. It includes native oak, bay, eucalyptus and pine woodland, sandy beaches and proposed designs by Booth Hansen architects of Chicago illustrate a 6 reception room, 4 bedroom, 4 bathroom residence that will come with “an art gallery entrance, a swimming pool, a terrace garden and a photovoltaic renewable energy (solar) collection area”.
2800 Paradise Drive will likely be sold to a Bay Area tech titan seeking the ultimate in “privacy and security”. They’ll need to have £36.3 million ($47 million, €43.1 million or درهم172.7 million) spare (before building costs).
A ridiculous price for a bit of scrub!!!!!!!!!!!!!!!! The designs are ridiculous too!!!!!!!!!!!!!!!! Build something seriously cool in glass and enjoy the view!!!!!!!!!!!!!! Ridiculous!!!!!!!!!!!!!!!!!
Rod is wrong. This is a fine design that respects the site and given the boom in San Francisco prices, it will easily be worth upwards of $80m when built. Beautiful.
Yes a nice piece of real estate right on the San Andreas Fault, good luck.
Since I am a geologist I tend to agree with that.
This is an exquisite world class unique piece of land and worth every penny. I know because it’s nearly adjacent to where we used to live. So beautiful we never wanted to leave the house.
There has never been a greater opportunity to spoke flasher Mays guns. Rachel Johnson must fight for second referendum with Lib Dems!! The48 percent remainers will become a deluge of dis-affected Brexiteers. ! But must strike Now!!
I very much agree. We need to unite and do all we can to stave off the stupidity of Mrs May. She has no plan and we need one urgently.
It sadly lacks city views I hear. The price should reflect that. It will sell for a lot less I am sure.
https://www.redfin.com/CA/Unknown/2800-Paradise-Dr-94920/home/147283962
Still on the market for much less.