real estate development opportunity...residential site containing two parcels, apn 068-010-018 1.10...
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REAL ESTATE DEVELOPMENT OPPORTUNITY The real estate market is currently experiencing a significant upturn in many cities in California – the market in Murphy’s is starting to recover. There is growing market of consumers that want a place to retire with a smaller footprint and at the same time a home that is comfortable and close to conveniences. The real estate project is located in Murphys, Calaveras County, California. The property is located less and one-third mile to downtown on a 44.36 acre residential site containing two parcels, APN 068-010-018 1.10 acre and APN 068-010-124 containing 43.26 acres. Zoning is RR-1 on both parcels Rural Residential District. The project was started over 9 years ago as a single family residential project. The owners of the property were in the process of obtaining development permits but put the project on hold several years ago. The investors are growing weary of it and have already had one capital call to meet ongoing expenses. The property
is a short sale and requires bank approval. There is growing shift in demographics and there is going to be a significant demand for smaller housing in city or town-centric communities, and may be an opportunity to redesign the project into an innovative, future-oriented retirement community. The maximum density with public water and public sewage disposal is one dwelling per one acre, unless another parcel size is permitted under the provisions of a community plan or special plan. An appraisal was done May 5, 2006 and estimated the value at that time to be $2,220,000.
Murphys is located in the central Sierra Nevada foothills between Lake Tahoe and Yosemite National Park. The Wall Street Journal recently published an e-book entitled “30 Great Places to Retire” and Murphys is the only California location included. For anyone wanting to retire in the mountains of California, Murphys may be just the place. Cited by Frommer’s Budget Travel as one of the "coolest small towns" in the U.S.A., this is a quaint and charming Gold Rush-era town replete with well-preserved historic buildings, a welcoming atmosphere and an abundance of recreational and cultural opportunities. Murphys is a vibrant, flourishing community of approximately 2,000 residents. Retirees will find a culturally rich society, art galleries and live theatre, eclectic shops and fine restaurants. Mark Twain set his famous story, ‘The Celebrated Jumping Frog of Calaveras County’, and each year, the county hosts its County Fair and Jumping Frog Jubilee. Property is co-listed for sale at $1,500,000 HANA-SUE DRILLING, Realtor 209-743-7797 cell 209-728-3404 office [email protected] Realty World-Murphys Realty 230 Big Trees Rd Murphys, CA 95247 www.hanadrilling.com BRE#00810325
Paul Burrowes, REALTOR® Mobile: 408-497-3989 Office: 831-464-5310 [email protected] Intero Real Estate Services 2222 E. Cliff Drive Santa Cruz, CA 95062 http://www.burrowes.com BRE# 01955563
About Murphy’s Murphys is located in the central Sierra Nevada foothills between Lake Tahoe and Yosemite National Park, in Calaveras County, California. Murphys in The Wall Street Journal’s 30 Great Places to Retire The Wall Street Journal recently published an e-‐book entitled “30 Great Places to Retire” and Murphys has made the cut. In fact, Murphys is the only California location included. Newsweek Showcase http://www.newsweekshowcase.com/retirement/california/articles/california-‐retirement For anyone wanting to retire in the mountains of California, Murphys may be just the place. Cited by Frommer’s Budget Travel as one of the "coolest small towns" in the U.S.A., this is a quaint and charming Gold Rush-‐era town replete with well-‐preserved historic buildings, a welcoming atmosphere and an abundance of recreational and cultural opportunities. Located in Calaveras County in the Sierra Nevada Mountains between Lake Tahoe and Yosemite National Park, Murphys is a vibrant, flourishing community of approximately 2,000 residents. Retirees will find a culturally rich society, art galleries and live theatre, eclectic shops and fine restaurants. Population Information Population in 2010: 2,213 Population change since 2000: +7.4% Males: 1,004 (45.4%) Females: 1,209 (54.6%) Median resident age: 54.1 years California median age: 45.6 years ……………………………………………………. Household Income & Property Value Info Estimated median household income in 2009: $43,526 (it was $42,344 in 2000) Estimated median house or condo value in 2009: $210,701 (it was $174,400 in 2000) Mean prices in 2009: All housing units: $357,997; Detached houses: $411,033; Townhouses or other attached units: $986,322; Mobile homes: $106,146 Median gross rent in 2009: $1,133 ……………………………………………………. Other Information Elevation: 2180 Zip code: 95247 Closest Two Year College: COLUMBIA COLLEGE (6 miles) Closest Four Year College: CA STATE UNIVERSITY STANISLAUS (45 miles) Closest Airports: MODESTO CITY-‐CO-‐HARRY SHAM FLD (43 miles) SACRAMENTO INTERNATIONAL SMF (about 2 hours) SAN FRANCISCO INTERNATIONAL SFO (about 3 hours) In 2010 there were 1,256 housing units at an average density of 121.7 per square mile (47.0/km²), of which 726 (68.9%) were owner-‐occupied, and 327 (31.1%) were occupied by
renters. The homeowner vacancy rate was 4.1%; the rental vacancy rate was 6.5%. 1,491 people (67.4% of the population) lived in owner-‐occupied housing units and 722 people (32.6%) lived in rental housing units. More information: http://www.city-‐data.com/city/Murphys-‐California.html Murphys is an unincorporated town located in District 3 of Calaveras County. District 3 runs from Douglas Flat to the Alpine County line and includes much of the area affectionately known as the Highway 4 Corridor. As an unincorporated town, all permitting and other government services are provided by Calaveras County. Your key representatives are listed below: District 3 Supervisor: Merita Callaway 209-‐728-‐3800 [email protected] Board of Supervisors website District 3 Planning Commissioner: Michelle Plotnik 209-‐728-‐8471 [email protected] Planning Commissions Website District 3 Parks & Recreation Commissioner Sid Marsh 209-‐795-‐1882 [email protected] Murphys CA Retirement FOOTHILL VILLAGE LODGE & INN 1400 Foothill Village Dr ANGELS CAMP , CA 00000 (866) 827-‐3953 Assisted Living and Senior Community (9 Miles From Murphys, CA) JUST LIKE HOME OF VALLECITO, INC 4423 Six Mile Road VALLECITO , CA 95251 (866) 827-‐5137 Assisted Living and Micro-‐Community: Residential Care Facility (3 Miles From Murphys, CA) Community Home Care 467 S Main St ANGELS CAMP , CA 00000 (866) 845-‐4427 In-‐Home Care (6 Miles From Murphys, CA)
COUNTRY LANE ESTATE 22008 Sawmill Flat Rd SONORA , CA 95370 (866) 827-‐4997 Assisted Living and Micro-‐Community: Residential Care Facility (9 Miles From Murphys, CA) Creekside Rest Home 21181 Old Sonora Columbia Rd SONORA , CA 95370 (866) 827-‐5137 Micro-‐Community: Rest Home and Assisted Living (10 Miles From Murphys, CA) WATCH-‐OUTLOOK 418 S Main St ANGELS CAMP , CA 95222 (866) 845-‐4427 In-‐Home Care: Adult Day Care (6 Miles From Murphys, CA) Community Organizations Angels Camp Business Association
P.O. Box 62 Angels Camp, CA Phone: (209) 736-‐1333 Website: http://angelscampbusiness.com Email: [email protected]
Calaveras Chamber of Commerce
1211 South Main Street, P.O. Box 1145 Angels Camp, CA Phone: 209.736.2580 Website: http://www.calaveras.org Email: [email protected]
Calaveras Enterprise & Sierra Lodestar
15 North Main Street, P.O. Box 1197 San Andreas, CA Phone: 209.754.3861 Website: http://www.calaverasenterprise.com
Calaveras Humane Society
576 East St. Charles St. San Andreas,CA Phone: (209) 736-‐9417 Website: http://calaverashumane.org Email: [email protected]
Calaveras Humane Society Feral Feline Program Phone: 209-‐736-‐9417 x8
Website: www.calaverashumane.org Calaveras Visitors Bureau
1192 South Main Street Angels Camp, CA Phone: 209.736.0049 Website: http://www.gocalaveras.com
Ebbetts Pass Scenic Byway P.O. Box 2882 Arnold, CA Phone: 209.795.4789 Website: http://www.scenic4.org Email: [email protected]
GABA – Greater Arnold Business Association
P.O. Box 2385 Arnold, CA Phone: 209-‐795-‐GABA (4222) Website: http://cometoarnold.com Email: [email protected]
Murphys Community Club & Park
P.O. Box 394 Murphys, CA Phone: 209-‐728-‐1948 Website: https://www.facebook.com/MurphysPark
Murphys Old Timers Museum
470 Main Street / PO Box 94 Murphys, CA Phone: 209.728.1160 Website: http://murphysoldtimersmuseum.com/ Email: [email protected]
Murphys Renewal & Releaf
P.O. Box 2034 Murphys, CA Phone: Michelle 209.728.8471 Website: http:// Email: [email protected]
Murphys Senior Center 65 Mitchler Ave. Murphys, CA Phone: 209-‐728-‐1672 Website: http://www.Murphyscenter.com Email: [email protected]
Murphys Visitors Center
Main Street Murphys, CA 95247 Phone: 209-‐728-‐4806 Website: http:// Email: [email protected]
Murphys Volunteer Library
480 Park Lane Murphys, CA Phone: 209.728.3036 Website: http://www.murphyslibrary.org/
Rich in goldrush history, Murphys today is a In addition to the numerous year round activities in Murphys and Calaveras County, each season brings some special activities and events. Spring Be a wildflower sleuth – Calaveras County blooms with a profusion of wildflowers during the springtime. Pack a picnic, grab your camera, and spend a day driving the backroads and admiring the colorful displays of poppies, lupines, redbud, buttercups, shooting stars, columbine, wild iris and more. Ironstone Vineyards Spring Symphony – A favorite springtime event is the annual “Spring Symphony” event at Ironstone Vineyards, a celebration of art, food, wine and daffodils. Don’t miss the annual display of blooming daffodils at the winery, featuring over 300,000 flowers and over 100 different species of bulbs. Murphys Irish Day – A local harbinger of spring is the annual Murphys Irish Days event, a fun street faire featuring live music and dancing, traditional Irish foods, arts and crafts booths, and a community parade held each year on the Saturday closest to St. Patrick’s Day. Summer Live Theatre – Murphys Creek Theatre presents live theatre events at the Black Bart Playhouse in Downtown Murphys, including Shakespearean classics as well as classic American dramas. Come enjoy an evening of professional quality theatre! Bear Valley Music Festival – The first two weeks of August brings the acclaimed Bear Valley Music festival to Bear Valley, about an hour’s drive east on Highway 4. A summer tradition for over 30 years, the Festival showcases a variety of musical styles, featuring the Bear Valley Symphony Orchestra, pop and jazz, as well as opera. Music in the Parks – Each Wednesday night from mid-‐June through early August, you can attend a free musical concert in a different community park throughout the county. This concert series
is sponsored by the Calaveras County Arts Council, and features an eclectic mix of musical styles, including bluegrass, salsa, folk, pop/rock, and big band. Ironstone Vineyards Concerts – Ironstone Vineyards has two venues for outdoor concerts, the intimate lakeside park and the large amphitheatre, where they present a full line-‐up of musical events throughout the summer months. Fall Fall is a great time to explore the magnificent High Sierra backcountry by foot or car – the summer crowds have thinned, the temperature is cooler, and the aspen trees are ablaze with fall color. Hundreds of miles of well-‐maintained hiking trails are available on the Stanislaus National Forest and in Calaveras Big Trees State Park, both just a short drive away up Highway 4. Or, take a scenic drive up to the high country and over Ebbetts Pass to the Alpine county hamlet of Markleville. Calaveras Grape Stomp and Street Faire – Held each year the first weekend in October, this popular event includes a grape stomping competition in Murphys Park, in which teams of two compete to see who can wring the most juice out of 25 pounds of grapes inside a half barrel, as well as an old-‐fashioned street faire, featuring arts and crafts booths, food vendors and live entertainment extending the length of Main Street in downtown Murphys. Winter Winter recreation opportunities abound within a short driving distance of Murphys. Downhill skiing and snowboarding enthusiasts head for Bear Valley Mountain Resort, featuring 67 runs served by 11 lifts. Cross-‐country skiers and snowshoers can enjoy 35 miles of groomed track and trail at Bear Valley Cross Country, or hundreds of miles of groomed and ungroomed backcountry roads and trails on the Stanislaus National Forest and Calaveras Big Trees State Park. Holiday Open House – On the first Friday of December, downtown Murphys stay open late, and serve up hot cider, cocoa and other treats to sidewalk strollers. Santa always pays a visit, and there are carolers and other street entertainers adding to the festive atmosphere. The next day, visit local wineries during their annual Holiday Open House, and enjoy special treats, live music, strolling carolers, special discounts, and food and wine pairing with free recipes. And of course, visits from Santa Claus! President’s Day Wine Weekend – Local wineries host their annual New Wine Release Weekend over the President’s Day holiday weekend, including live music, hors d’oeuvres, discounts, free drawings, new releases and barrel tasting. George Washington and Abe Lincoln usually make an appearance as well!
Murphys is located about 2 hours southeast of Sacramento and just over 2 hours east of the Bay Area.
Murphys Community Park is located at 505 Algiers Street in Downtown Murphys. The park and restrooms are open to the public 8 am to 10 pm daily. The park is officially maintained from April 1st to October 31st, but the restrooms are open year round. The park and its facilities are available for weddings, parties, fundraisers and other special events Every year the Community Club sponsors music and other events in the Park. Click here to download the 2015 schedule (coming soon). Remaining events for 2015 include: Saturday July 18, 2015 – Murphys Homecoming and Duck Races Saturday July 11, 2015 – Summer Evening at the Gardens Friday August 7, 2014 – First Fridays in the Park featuring Plan B and Catering by Sierra Hills Market & Natural Foods Store Wednesday August 19, 2015 – Music in the Park featuring Catering by the Charlies Catering Friday September 4 -‐First Friday in the Park featuring Cantamos and Catering by Murphys Historic Hotel The Murphys Community Club is a non-‐profit volunteer organization created in 1948. The Preamble states, “We pledge ourselves to do everything in our power to improve the community of Murphys.” The MCC’s major responsibility is to operate and maintain Murphys Park. Murphys Park is a public county owned park, managed and maintained for the public by the Murphys Community Club through membership dues, donations, park rental fees and use fees for special events. The MCC Board of Directors meets on the first Tuesday of each month. Town Hall Meetings and Programs are scheduled as needed at the Native Daughters Hall on Main Street in Murphys. Everyone is welcome to attend.
Murphys Community Park Information The park and restrooms are open to the public 8 am to 10 pm daily. The park is officially maintained from April 1st to October 31st, but the restrooms are open year round. The park and its facilities are available for weddings, parties, fundraisers and other special events. The Park Reservation Coordinator is responsible for the reservations for all park events. For a fee schedule and reservations, call Sue Friedman at 209-‐728-‐1948 or e-‐mail her at [email protected]. Murphy’s History A stroll down tree-‐lined Main Street transports visitors back to the mid-‐1800s with buildings bearing thick stoned walls, iron shutters, and pastoral gardens with white picket fences. Murphys’ rich and colorful past came alive in 1848 when John and Daniel Murphy established a trading post and gold mining operation in the area that is now their namesake. True entrepreneurs with the luck of the Irish, they were a part of the very first immigrant party (Stephens-‐Townsend-‐Murphy) to successfully bring wagons over the Sierra in 1844, paving the way for westward migration. John and Daniel’s cries were among the first heard of “GOLD!” in California. It is reported that the brothers took two million dollars in gold ore from the Murphys Diggins in one year’s time, making them millionaires before the age of 25.
During that first year, 50 tents, several lean-‐tos, and two blockhouses were erected, and by 1850, the camp had a population of 1200. In 1852 there were 3000 people, close to the present-‐day population. Murphys was one of California’s richest “diggins.” During one winter, five million dollars worth of gold was taken from a four-‐acre placer area. Such riches attracted fortune hunters and adventure seekers from around the world – gamblers, opportunists, ladies of easy virtue, and honest men, as well as renowned outlaws – among them Joaquin Murietta and Black Bart. Building gradually, the wild days became a thing of the past, replaced with families, gardens, ranches, and dairies. Hundreds of permanent structures were built, including an opera house, hotel, churches, and schoolhouse. As gold waned, the townspeople remained to work sawmills and stores, farms and ranches, and added their own chapters to the history of the community. The townsfolk invite you to revisit the past while exploring the “new” upscale Murphys. Guided walking tours of the town’s abundant historic buildings, including the home of Albert Michelson, the first American Nobel Prize winner, are conducted every Saturday at 10:00 a.m., starting in front of the Old Timers Museum on Main Street. Murphy’s Videos Murphys Irish Day 2015 Video http://visitmurphys.com/1-‐murphys-‐irish-‐day-‐2015-‐video/ Murphys Presidents’ Wine Weekend 2015 http://visitmurphys.com/murphys-‐presidents-‐wine-‐weekend-‐2015/ Murphys Open House and Parade 2014 http://visitmurphys.com/2014-‐murphys-‐open-‐house-‐and-‐parade-‐2014/ Dia de Los Muertos 2014 http://visitmurphys.com/dia-‐de-‐los-‐muertos-‐2014/ Grape Stomp 2014 http://visitmurphys.com/grape-‐stomp-‐2014/
Murphys, CA Data & Demographics (As of July 1, 2014) POPULATION Total Population 2,352 Population in Households 2,321 Population in Families 1,756 Population in Group Qtrs. 31 Population Density1 228 Diversity Index2 37 HOUSEHOLDS Total Households 1,128 Average Household Size 2.06 Family Households 661 Average Family Size 3 HOUSING Total Housing Units 1,384 (100%) Owner Occupied HU 747 (54.0%) Renter Occupied HU 381 (27.5%) Vacant Housing Units 256 (18.5%) Median Home Value $202,419 Average Home Value $240,508 INCOME Median Household Income $50,610 Average Household Income $60,395 Per Capita Income $28,501 (Compound Annual Growth Rates) GROWTH RATES 2010-‐2014 2014-‐2019 Population 1.44% 0.81% Households 1.63% 0.85% Families 1.4% 0.86% Median Household Income 2.04%
Per Capita Income 2.52% 1) Population Density = Total Population per square mile. 2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups. Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.