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29327775
29327776

Back Rd, La Honda, CA 94020 For Sale

GM
CA 01452438, CA DRE 01452438
PAcWest CRE Group
Listed by PAcWest CRE Group
$260,000
1177 days on market
Updated 15 days ago

00 Back Road

Details
APN 085-022-060
Property Type Land
Sub Type Commercial, Residential (+1)
Pads 3
Acreage 3.000
Zoning Resource Management
Investment Type Value Add
Ownership Timothy Logan
Sale Condition N/A

Perfect property for creating a tent camping compound for hikers through the old growth redwoods

Marketing description

MAKE OFFER! ANY OFFER WILL BE SUBMITTED

"From a Distance": Amid the heightened awareness of viruses, social distancing, and remote work, there has never been a better time to slow down, reflect, and savor the peaceful beauty of California living that is often overlooked in day-to-day life. The Middleton Tract offers walking trails, including direct access to Portola State Park trails, making it an ideal home for bikers, hikers, and nature enthusiasts to enjoy the natural beauty of Portola State Park. The Middleton Tract has a rich history of being protected from fires. Bank financing available

Investment highlights

STRATEGIC PORTFOLIO UPDATE (JULY 6, 2026): INFRASTRUCTURE PERMIT CLEARANCE & COMPLIANCE ENROLLMENT

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Historically positioned as an unpermitted, land-locked holding with a defensive appraisal of $325,000, this 3.1± acre core valley lot has undergone a material structural transformation that shatters previous valuation constraints.

1. The Primary Development Barrier Removed Previous market underwriting stated that future residential utility on this site was strictly contingent on complex roadway repairs and an upgraded creek crossing. As of July 6, 2026, San Mateo County has officially approved County File No. PLN2025-00070, granting the Resource Management (RM) Permit to construct a new, heavy-apparatus 66-foot prefabricated steel bridge spanning Peter’s Creek. This structural approval legally establishes concrete, fire-safe access to the interior acreage, clearing the ultimate roadblock to active development.

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2. Physical Site Specifications

  • Topography: 3.1± acres featuring a cleared, level potential builder pad nestled within a high-density, majestic canopy of mature redwoods.
  • Zoning & Hazards: Tier-1 Resource Management (RM) zoning. The parcel is fully confirmed to sit outside of any identified flood zones.
  • Utility Infrastructure: Existing power lines run directly through the tract. While a local mutual water system is available, the site footprint is optimized for an independent domestic well to bypass community utility extensions and secure complete operational autonomy.

3. The Institutional "Avoided Conversion" Leverage Trigger Because a legitimate, county-approved path to physical infrastructure development has been unlocked, the portfolio’s baseline evaluation shifts into an active Avoided Conversion Forestry Asset. Under established carbon and ESG compliance protocols, the value of the standing carbon inventory scales dramatically once a verifiable development threat is documented.

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The owning entity is currently executing parallel utility service drops (PG&E/AT&T) and formalizing the corporate structure for Middleton Development LLC to oversee site preparation.

Note to Institutional Principals: The historical list price of $260,000 represents a pre-permitted asset state. The seller is under no obligation to accept historical raw-land valuations and reserves the right to execute an immediate upward correction to reflect the newly unlocked Highest and Best Use (HBU) permit status.

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Investment & Acquisition Profile: We invite immediate inquiries, non-disclosure agreements, and portfolio grouping proposals from:

  • Corporate Sustainability & ESG Procurement Officers looking for local, high-narrative natural capital assets to fulfill Western-regional climate mandates.
  • Private Land Trusts & Conservation Buyers (POST, Sempervirens Fund, Midpen) seeking to preempt tract fragmentation and protect the Portola State Park watershed corridor.
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  • Private Equity & Land Assemblage Developers looking to leverage this permitted gateway to aggregate surrounding continuous acreage.

Listing Contacts

GM
CA 01452438, CA DRE 01452438
PAcWest CRE Group
Listed by PAcWest CRE Group

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Additional Information

Name
Gary McKae
License
DRE 01452438
Title
Broker of Record
Name
Gary McKae
License
01452438
Brokerage
Engels & Voelkers commercial
Brokerage Phone
650-743-7249
Title
Associate Broker
Brokerage Address
2044 Union Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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