Latest news with #PeninsulaOpenSpaceTrust
Yahoo
20-05-2025
- Business
- Yahoo
Explore Intel co-founder's historic S.F. estate for sale on 25 protected acres
The historic, longtime Northern California estate of Intel co-founder Gordon Moore hit the market Monday for $29.5 million. Moore and his wife Betty gifted their 25-acre Woodside property, called Mountain Meadow, to the nonprofit land conservation group Peninsula Open Space Trust, which is handling the sale, according to a representative of Compass real estate firm. Gordon and Betty Moore both died in 2023 at the age of 94 and 95, respectively. The couple paid $6 million for the property in 1993. The estate's 9,300-square-foot, six-bedroom Tudor Revival residence was built in 1927. Formal gardens, an orchard, redwood groves, oaks and ties to the 1850s redwood logging history are part of the secluded Bay Area property. Woodside is about 32 miles south of San Francisco, in San Mateo County. The Moores invested heavily in the property over the course of their ownership. They added more than $15 million in renovations and improvements aimed at transforming the property into a peaceful, long-term family retreat. 'Mountain Meadow was a refuge for the Moore family, a place of peace, and reflection and a deep connection to the rich landscape of the San Francisco Bay Area,' Eric Normington of POST said in a statement. 'It is ready for a new steward who shares the Moores' love of the natural world and who embraces this rare opportunity to become a part of the property's unique legacy.' The estate is permanently protected from large-scale development by a conservation easement. The Moores strove to source authentic period materials in order to maintain the original character of the property, such as decommissioning local homes of the same era to salvage window glass, fixtures, fittings and other architectural elements, according to Compass. The couple undertook a full overhaul of the residence's interior systems, replacing electrical, plumbing and HVAC systems. The home's exterior — roofing, siding and windows — was meticulously restored to reflect the home's historical design. 'There's a timelessness here,' listing agent Erika Demma of Compass said in an email. 'From the handcrafted architecture to the redwood groves and natural springs, every inch of this property feels intentional.' The land's legacy is deep, belonging to the Ohlone Lamchin people, and later a part of the Rancho Cañada de Raymundo land grant, according to Compass. An 1850s redwood sawmill exists at Mountain Meadow. Situated at 100 Cañada Road in one of the Bay Area's most exclusive communities, the property is adjacent to Filoli gardens and protected watershed lands. 'Properties like Mountain Meadow rarely come to market,' listing agent Hugh Cornish of Coldwell Banker said in a statement. 'Its layered history and enduring conservation protections make it truly unique.' Gordon Moore founded Intel in 1968 with Robert Noyce. The Moores owned another house in Hawaii, which is listed by Steve Hurwitz of Hawai'i Life for $21.9 million.
Wall Street Journal
19-05-2025
- Business
- Wall Street Journal
The Longtime California Home of Intel Co-Founder Gordon Moore is Listing for $29.5 Million
The longtime Silicon Valley home of the late computer-industry pioneer Gordon Moore is going on the market for $29.5 million. The Intel co-founder and his wife, Betty Moore, bought the 25-acre Woodside property in 1991 for about $6 million, according to Gordon Clark, president of the conservation nonprofit Peninsula Open Space Trust. Moore left his estate to the trust, which is selling the home.
Yahoo
22-04-2025
- General
- Yahoo
Land trust to purchase, preserve Bay Area nude beach property
(KRON) — The Peninsula Open Space Trust announced Tuesday that it has entered an agreement to purchase San Gregorio Ranch for $10 million. The 195-acre San Mateo County coastline property, which has become known for its clothing-optional beach, will 'provide people and nature with so much in the decades to come,' POST President Gordon Clark said. POST expects to close on the property just north of San Gregorio State Beach in May 2026, according to a news release. The nonprofit land trust said it is seeking to raise $14 million to cover the cost of the property, along with developments to support public access and future stewardship. Whale entangled in crab trap lines off Monterey coast freed after 6 months 'San Gregorio Ranch is a stunning and beloved coastal property, with incredible ocean views, important native grasslands and beach access,' said Clark. 'Purchasing it outright means that POST can protect it from development and ensure continuous, safe public access. It also means that this sensitive landscape and its many conservation values will be cared for so that all can experience the beauty and wonder of San Mateo County's coast.' While the ranch has become one of California's best-known nude beaches, the ocean breeze sweeps past more than just bare-bottomed naturists. According to POST, San Gregorio Ranch 'boasts one of the region's largest stands of American dune grass' and 'features excellent habitat for numerous native species, such as California king snake, California red-legged frog, acorn woodpecker, American badger, California quail and more.' The trust will continue to study the species and habitats on the property ahead of the closing date, the news release stated, to guide its plans for public access and stewardship. San Gregorio Ranch could also be used to create a connection for the California Coastal Trail in the future, POST said. The segment of Highway 1 that runs along the property has been the site of multiple fatalities involving bicyclists. 'With POST's acquisition of San Gregorio Ranch, POST creates an opportunity to route the CCT through the property in the future, establishing a safer connection,' the nonprofit said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
San Francisco Chronicle
22-04-2025
- General
- San Francisco Chronicle
‘Well-kept secret' Highway 1 beach property will be conserved
A hidden ranch south of Half Moon Bay, with a half mile of shoreline and a little-publicized clothing-optional beach, is being purchased by a Bay Area conservation group, adding to the vast network of protected lands along the San Mateo County coast. Peninsula Open Space Trust announced Tuesday that it has entered into an agreement to pay $10 million for the 195-acre oceanfront property at the junction of Highway 1 and Highway 84. POST officials say their intention is to keep the mix of bluffs, sand dunes and marsh from being developed and expand public access at the site. Known by some in the area as San Gregorio Ranch, the land is currently owned by a family trust and managed by a couple of ranch hands who have generally allowed people to come and go for a small fee. Beach walkers, fishermen and clothing-free sunbathers are among the regulars. There's also a perennial herd of cattle on the property, and two small dwellings. 'It's a pretty well-kept secret,' said EkOngKar Singh Khalsa, senior land transaction manager for POST, on a recent visit to the ranch. 'You have to know when it's open. You have to know what number to call.' The Palo Alto-based Peninsula Open Space Trust, which is in the business of preserving land, pursued the purchase of San Gregorio Ranch after its owner, Walter Bridge, died and the future of the property became less certain. Bridge had donated a conservation easement to POST decades ago, seeking to limit development on the property, and the purchase agreement, POST officials say, cements that objective. In the short term, POST officials say they don't plan to make major changes to how the place is run. Visitors will be able to continue going to the beach, whether to lay in the sun, marvel at the vast stands of American dune grass or check out the 'driftwood condos' — play structures that people have built out of beached wood, sometimes two stories tall. Over the long run, POST officials foresee easier and greater access to the gated property. In addition to welcoming people to the beach, they say the bluffs could become part of the route of the California Coastal Trail, the 1,200-mile chain of trails that's being pieced together along the coastline. POST is also hoping to eventually transfer the property to a permanent steward, in keeping with its mission of seeking out lands for state and local entities to manage for public use. San Gregorio Ranch borders San Gregorio State Beach, to the south, making the California Department of Parks and Recreation a candidate for future ownership. State Parks has been supportive of POST's acquisition and in communication about the property's future. 'We're always looking at what the best long-term options are,' said Gordon Clark, president of POST. 'We're trying to set this property up for ecological health and meaningful public access.' Under the agreement between POST and the Bridge family trust, the sale of the ranch won't be finalized until May of 2026, giving both parties additional time to prepare. POST has begun a fund-raising campaign to collect $14 million to cover the purchase of the land as well as future maintenance and planning expenses. The organization has been working to protect lands on the San Francisco Peninsula and South Bay since 1977. The group has been part of the longtime effort to keep the San Mateo County shoreline largely free of development.
