$5,999,999
Unique Investment & Landmark Property. Own a piece of California unlike any other. Imagine the possibilities: Family Compound, Retreat Center...or live there and enjoy ample rental income in addition to living on this fabulous property! Home to the Bamboo Giant Nursery, this 30+ acre estate features the largest public bamboo grove in the U.S., along with redwoods, hiking paths, sunny clearings, and a koi pond with a self-sustaining waterfall. The property includes 12 rental units generating steady income: two homes with 2 units each (1,904 sq. ft. and 4,673 sq. ft.), Total 6,577 SF Total bed /bath count 9/7 plus a commercial/art studio building with 8 creative bays (2,693 sq. ft.). All units are fully tenant-occupied, providing a significant monthly rent roll. Beyond its current use, the land potentially offers future development possibilities, with ~10 acres possibly subdividable from the 30 acres to build a massive house plus and ADU with sweeping canyon views. Buyer to verify! The natural beauty has also made this property a sought-after venue for weddings, fairs, and tours. A rare opportunity to combine income, development, and natural splendor in one remarkable property. Seller is offering partial seller financing to qualified buyers.
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Listed by Nicole Myhrstad with Bailey Properties (831) 688-7434
Property Type
Mixed Use
Status
Active
MLS Number
ML82041441
Year Built
1959
Lot Size
30.29 acres