$349,000
000 Slate Creek Rd
La Honda, CA 94020 MLS #ML81783914

Two parcels APN # 085-013-191 and APN# 085-013-192 for a total of 2.96 acres. Property has water share to mutual water company and connection rights. PGE on street. Paved road to property. Development rights restricted to residential only. Old Growth Redwoods can only be harvested for building site. Ideal recreation site 45 minutes to Palo Alto.Let your imagination wander on what you could do here













Comments

Post a Comment

Silicon Valley Real Estate Newsletter

The Problems are the Path: FED calls interests rates Wednesday January 31

On Wednesday the FED will tell what the tendency is for lowering interest rates.  If you readers just rely on CNBC, Bloomberg or some Social Media Site, I suggest you get on the St. Louis Federal Reserve Bank's mailing list.   Add to the Wall Street Journal and the U.S.  Census Department.  With those three sources you will not find yourself being jerked around by Media promotions and investment banks and advisors promoting their positions.   The Wall Street Journal had a list of the four new members of the Federal Reserve Voting Panel.  All four say too soon to cut rates.  The Federal Reserve so indicted the same.  The U.S.  Census reports showed slight declines in inflation with nothing near 2% annual rates.  The Census also stated POSITIVE growth in the US Economy.  All quite good for high interest rates.  It would appear to me why cut rates if the economy is doing so well?  The next issue the FED Governors must be looking at are housing prices and rents.  The Gen Z cannot affor
Read more

the Problems are the Path: Notice of Default Opportunity in Multifamily Unit

  Startup bubble fueled by Fed’s cheap money policy finally burst in 2023 PUBLISHED THU, DEC 28 2023 9:00 AM  After years of record venture investments tied to low interest rates, cheap money has stopped flowing in startup land, leading to high-profile failures.WeWork and Bird declared bankruptcy in 2023, while pandemic plays like Hopin and Clubhouse faded into oblivion.“Prediction: 2024 is the year we finally bury the class of ’21 ZIRP ‘unicorns’ and start talking about a new crop of great companies,” Jeff Richards, a partner at venture firm GGV, wrote in a post on X. Easy Money created more risk than the inexperience entrepreneur.  The plan would to go back for more money when problems erupted.  Then came higher interest rates.  Failures, bankruptcies followed with empty offices and work from home.  Nothing new here! This year, it all unwound. With the Fed  lifting its benchmark rate  to the highest in 22 years and persistent inflation leading consumers to pull back and businesses to
Read more

The problems are the Path: Recession, SBA Loans for Income Property

 As I look at the commentary from Media I am reminded of the research articles while in the investment business.  If the Firm had a good relationship in investment banking the Stock Brokerage firm involved never had a bad commentary. They had a hold or accumulate.  Never a Sell was issued unless the firm were no longer investment banking clients.   To me the same is true for real estate commentary.  When one looks at the various papers that service a local market will never have anything negative.  One can only look at the advertisements and find the dominance of realtor adds.  To say the least, keep the clients happy! With the advent of internet news and the various services that provide us with updates and commentaries we now get some news that puts a true light on our real estate market.  Now, that is not to say that real estate is not a good investment or should be looked at as a negative for home residential purposes.  It only means that sellers need to become aware of the real va
Read more