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11
€ 8,128,400

Exclusive farmhouse for sale in San Gregorio, California

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Description

Welcome to Redgate Ranch located in the gorgeous, rural San Gregorio Valley of coastal Northern California. This 624-acre property is located 20 minutes from Woodside, 40 minutes to Stanford University, 45 minutes from Silicon Valley, 15 minutes from Half Moon Bay, and 50 minutes from San Francisco.
Redgate sits outside the fog line, four miles inland from the Pacific Ocean and its beautiful, empty beaches. This lovely property is one of the few large ranches remaining near the coast in this area. It is ideal for anyone interested in a first or second home in your own private, park-like setting.
The property used to be part of the historic Rancho San Gregorio, and is bordered by the El Corte Madera Creek on the west and the Bogess Creek on the east, and has plenty of water rights.
There is ample opportunity for development. Redgate comes with two density credits, allowing for two residential building sites within an approximate 25-acre building envelope. A total of approx. 15,000 sq.ft. of structures can be built, along with an additional 10,000 sq.ft. of farm buildings, which can include barns, stables, riding arenas, etc. The two building sites are hidden from one another, so another entire compound can be built in a different location a five minute walk from where the cottage sits today.

Currently, there is an adorable 110-year old remodeled cottage on the property with three bedrooms and one bath and a wrap-around porch. The rare advantage of this home site is that it is nearly half a mile in from Highway 84, ensuring no noise. The cottage is a truly special place to spend peaceful, sunny days while you build your dream home on the land. The cottage could likely be retained as "farm labor housing.”
There is a Peninsula Open Space Conservation Easement in place, which protects the majority of the land for future generations and wildlife to enjoy in its natural splendor. The land is also in the Williamson Act, meaning property taxes are locked at a low rate if the owners participates in some form of agriculture. Currently, there are cattle on the land. Formerly, red oats were cropped in some of the fields.
With rolling hills, the ocean views from the hilltops are breathtaking. A four-mile road loops the entire property, with four other well-maintained roads allowing for easy access to the land.
There is plenty of water sourced directly through water rights from San Gregorio Creek Water Adjudication Plan, along with four seasonal reservoirs. So whether you'd like to graze cattle, breed horses, plant crops or even raise bees, there is plenty of water. Hunting and fishing are allowed on the property. Currently, a neighbor acts as the property manager.
Redgate is a uniquely beautiful location for corporate retreats, weddings, and benefits.

500

Details

Architectural Style
Other
Published on
3 April 2020
Reference
PZZXT2
Address
3781 La Honda Rd, San Gregorio, CA 94074

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