Archive for the ‘Larkspur’Category
Marin County is in the process of implementing a new light rail train service from Santa Rosa to terminate at the ferry terminal at Larkspur, CA. The proposed stops will be as follows:
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Over 100 firefighters have been deployed from Marin County to help fight the massive wildfires attacking much of the state. In addition to 47 county firefighters, another 56 have been deployed from localized crews including members of the Corte Madera, Kentfield, Larkspur, Marinwood, Mill Valley, Ross Valley and San Rafael fire departments. Many of these firefighters are battling blazes in Lake, Mendocino, Napa, Shasta and Trinity counties, bringing the total of firefighters to almost 10,000. The largest fire currently is the Rocky Fire near Clear Lake, which has destroyed over two dozen homes and is threatening thousands more. So far, more than 12,000 Californians have been evacuated.
The spring house hunting season has arrived, but it would appear that sellers have yet to be informed. In Marin County, the current inventory of existing homes on the market would last a mere 40 days at the current sales pace. In some areas, such as Larkspur and Corte Madera, the supply is less than a month’s worth. A typical supply for Marin County is about 4 months, while a 6 month supply is generally considered ideal. With inventory so low, the market is definitely in favor of sellers, who are receiving multiple offers quickly and generally selling homes for over their ask. As a result, the median price fetched for Marin homes in April was $1,141,500, nearly 16 percent higher than the median from last April.
The housing inventory in Marin has historically been constrained just like other communities where there isn’t much room to build. According to Greenbelt Alliance, some 55.6 percent of the land is protected in Marin County. In addition to limiting the amount of room to build, these protections also make Marin a highly sought-after place to live, driving demand which lowers supply.
Archaeologists were livid this week after a Marin developer paved over an ancient 4,500 year-old Native American site that is believed to hold over a million unexamined artifacts. Scientists have been secretly excavating the site for about 18 months, but claim they need more time to adequately comb through what is believed to be the last untouched site of its kind in the Bay Area. Tribal authorities, developers and local officials, however, said that all state regulations governing these situations were followed to the letter.
Located in the city of Larkspur, the Indian burial ground was discovered in 2010 when a local developer began construction of a $55 million luxury home development. A pile of shells was found on the site almost immediately, and the find was linked with the Miwoks, a group of Native American tribes that inhabited Northern California several thousand years ago. A hundred years ago, archaeologists claim, there were over 500 Miwok sites throughout the region. Upon finding the initial artifacts, the developer called in scientists to study the find, in compliance with the California Environmental Quality Act. Conducted by Holman & Associates Archaeological Consultants, early examinations of the site were kept from the broader scientific community until last month.
Among the artifacts reportedly discovered at the Larkspur site were the burial sites of about 600 people, musical instruments, stone tools and other items. According to the law, the decision on how the artifacts are handled and what happens to them belongs to the Federated Indians of Graton Rancheria, a group of 1,300 Native Americans believed to be the Coastal Miwoks’ likeliest descendants. The group declined to approve the use of DNA testing on the artifacts, and ordered them reburied on-site. With the Federation’s approval, the developer continued work on the development.
The Historic Preservation Board of Larkspur announced over the weekend that it will hold a walking tour of the city’s historic Baltimore Canyon on Saturday, , September 14th at 10 AM. The tour will be free of charge for participants, who will meet at the massive oak tree near Baltimore and Magnolia Avenues before visiting the site of the sawmill that brought loggers to the area in 1849. Tour guide Sue Cunningham will lead guests on a walk past some of the Canyon’s historic homes as well as discuss the history of the Canyon and the pioneering families that settled the area. For more information on the tour, call Ms. Cunningham at 924-6976.
Women Own Your Power Workshops is bringing its consulting program to Marin County next month, providing tools for women in business to renew and revitalize their professional lives. The workshop will take place Sunday August 18th at the Larkspur Courtyard Marriott and teach women skills like dealing with workplace gender issues, setting and achieving goals, boosting self-confidence and other skills necessary for women to succeed in today’s corporate world.
Women Own Your Power! Workshops is the brainchild of Strategy Software Corp. President Barbara Smith and Lea Morrill. Through years of consulting with Fortune 100 companies, the pair decided to start the workshops to help women deal with the unique challenges they face in the workplace as women. In addition to the valuable life lessons taught at the workshops, past attendees attest to making life-long friends and business connections at the workshop.
The Women Own Your Power! Workshop will take place Sunday, August 18th at the Marriott Courtyard, 2500 Larkspur Landing Cir in Larkspur. Admission is $99, lunch included, with discounts available for full-time students. For more information, or to register for the workshop, Click Here.
Real Estate Summary for Larkspur
April 14 – June 14
Avg Price per sq. foot: $582 (up 3% y-o-y)
Homes Sold: 34 (up 3% y-o-y)
Median Sales Price: $1.24 million
Active Listings: 21
Avg Listing Price: $1.55 million
Marin ferry officials this week approved a $20 million renovation of the aging M.V. San Francisco that will be paid for entirely with federal funding. According to a spokesman for Golden Gate Ferry, the entire interior of the boat will be stripped and redone, as will most of the ship’s internal machinery, leaving the hull as the only remaining original feature. Marin Group Boat Works has been selected to conduct the revamp, which is expected to take about a year.
Originally commissioned into service in the early 70s, the MV San Francisco is a Spaulding class vessel with capacity for more than 700 passengers. The ship is used to ferry passengers from Sausalito to San Francisco and back during the week, while on weekends it is used out of Larkspur in addition to serving as a ferry for baseball fans to AT&T Park. While the renovations are under way, a pair of smaller Spaulding class ships will take its place.
The primary reason for the overhaul, rather than having a brand new boat constructed, is that the existing hull is stronger than those being produced today. With the price tag for a new vessel estimated at around $27 million, the decision to remodel the San Francisco was an easy one, according to sources familiar with the plan.
The average price per square foot for homes in Larkspur, California is around $578, up nearly 3% from a year ago. The median sales price for homes sold over the last two months was just over $1.2 million based on 35 homes sold. Compared to the same time frame a year ago, the median price is up more than 40%. In the week ended June 12th, the average listing price for homes on the market in Larkspur was just under $1.6 million, down about 10 percent from the week before.