There’s a $37 million waterfront property up for sale, situated in the tech capital of the world, that offers the …


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 future owners of the waterfront property will have access to private sandy beaches.

Golden Gate Sotheby’s International Realty/YouTube

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?

Article source: https://www.businessinsider.com/bluff-point-tiburon-california-waterfront-property-photos-2018-8

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