Rockaway hillside for sale in Pacifica

By on Thu, October 15, 2009

Pacifica Riptide has the details on 57 acres of hillside up for auction with a reserve of $940,000. From the listing:

The entire property is within the city of Pacifica and a prior owner submitted a plan in 2001 for an eleven-lot subdivision, with the balance of the property (47± acres) to be donated to the Golden Gate National Recreation Area to be used for a trailhead in order to improve public access to Sweeney Ridge. Other options for the property include development of several ocean-view, gated estate compounds with private trail system for hiking and riding horses. The combination of the property’s spectacular ocean views, location next to Golden Gate Recreation Area, proximity to San Francisco and residential zoning provides a new owner with opportunity to create both real estate and conservation values from the purchase of the property at a significant discount, with the added benefit of short-term seller financing. Please Note: Sketch plans are conceptual only. Neither the Seller nor its agents have submitted plans or made any applications to a public agency.