ed-lo
October 23, 2016, 10:12pm
1
https://www.redfin.com/CA/Pacifica/1-Picardo-Rnch-94044/home/17309353
Not sure about Pacifica politics, but it takes only 15 minutes to drive from this land to the closest Bart station. It is out of my reach for sure, but may be some of you will be interested as you guys talked about developing ranch before.
Ok, I know someone whose family owns a lot of land in unincorporated Castro Valley. I was chatting to her and she lives there on a ranch and she can see the building creeping up on the other side where I guess San Ramon is. One would think developers would be knocking down her door to buy all that land since there are nice home developments down the road from her. She is wondering too and I offered to help her find out why. The interesting question is why haven’t they come yet? What would be the reasons why they haven’t? Surely, money can be made even after all the necessary improvements to the land. We are talking acreage in the hundreds, not small land parcels. Is there something unique about the County of Alameda and how strict it is against development in this part of the county? Any guidance would be appreciated.
Jil
October 23, 2016, 10:46pm
2
All I know is these are for billionaires or multi millionaires who wants to have privacy…etc. These are for those people who sees 4.5M like $4.5.
1 Like
manch
October 24, 2016, 6:08am
3
To unlock the value, you need to change the zoning and subdivide the lots. Really hairy stuff. Certainly above my pay grade.
