In a remarkable offering, Red Rock Island, the only privately owned island in the San Francisco Bay, is now on the market for $25 million. This 5.5-acre island, located near the Richmond-San Rafael Bridge and just north of San Francisco, presents a rare opportunity for those dreaming of owning an island.

Unique Features and Location

Red Rock Island is uniquely positioned at the convergence of three Bay Area counties: Marin, San Francisco, and Contra Costa. The island boasts a beach on its east side and a rocky shoreline to the west and south. Its natural beauty and historical significance add to its allure, making it a prestigious trophy investment for discerning buyers.

Historical Background

The island, known for its reddish hue due to 19th-century manganese mining, has a rich history. It was purchased in 1964 for just under $50,000 by David Glickman, and ownership was later transferred to Brock Durning, the current seller. Durning, who resides in Alaska and hasn't visited the island in 22 years, plans to use the proceeds from the sale to care for his aging mother.

Market Context

This listing marks the first time Red Rock Island has been officially listed on the MLS, despite previous attempts to sell it. In 2015, the island was listed for $5 million. The current $25 million price tag reflects its unique status and potential. Earlier this year, another island in the region, Point Bunker in Solano County's Grizzly Bay, was listed for $75 million, highlighting the rarity of such offerings.

Potential and Considerations

Prospective buyers should note that the island currently lacks structures, electricity, or running water, presenting a blank canvas for development. Its location and the potential for creating a private retreat or a unique commercial venture are significant draws.

Red Rock Island offers an unparalleled opportunity to own a piece of the San Francisco Bay's natural beauty and history. For those interested in exploring this rare real estate opportunity or seeking advice on unique property investments, feel free to text me. Whether you're considering a personal retreat or a distinctive commercial project, this island presents endless possibilities.

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