Sunset across Martha Property
Photo by Jocelyn Knight
Hello, dear friends. It won’t come in an Amazon box, but a small present just arrived and we wanted to tell you about it. This week Trust for Public Land and the Martha Company announced that the appraisal of the Martha Property has begun! The entire press release appears below.
This is, of course, the culmination of much work, time and expense. And plenty of work, time and expense remain ahead. We have you to thank for your considerable help in getting us this far. In many ways, we have just arrived at the starting line. But it feels good.
Please know that Tiburon Open Space will continue to do everything we can to help move this process forward. As we have from the very beginning. We will from time to time update you as news occurs, and as our legal work, oversight and budgetary needs require. Any support is appreciated.
Maybe, just maybe, next year there will be a great, big, beautiful hilltop for us to open. It won’t be wrapped in ribbon, but it will be under the trees and the sky…forever. That would be a very special present. Happy holidays. Let’s talk soon.
The Ark Newspaper featured Martha land appraisal underway after group hits fundraising goal
A formal appraisal of the 110-acre Martha property on the southern Tiburon Ridge is underway — the first step toward the possible acquisition of the property by a local grassroots group that wants to preserve it as open space.
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Press Release
THE TRUST FOR PUBLIC LAND BEGINS APPRAISAL OF ICONIC MARTHA PROPERTY IN TIBURON, CA
The Martha Company ("TMC"), owner of the vacant 110-acre ridgetop-parcel above the Hillhaven subdivision in Tiburon (Marin County, California) commonly known as the “Martha Property”, and the Trust for Public Land today announce that funding has been secured to begin the appraisal process first announced in June 2019 and the appraisal is now underway.
"The close of every escrow, large or small, is accomplished one step at a time," said Bill Bullock, of Golden Gate Sotheby's International Realty, who, along with his team-partner, Lydia Sarkissian, represent TMC as Listing Agents, “… the beginning of the appraisal process constitutes an enormous breakthrough in this decades-long negotiation," Bullock continued.
“The future of this iconic property is very important to the local community and The Trust for Public Land is grateful to the Martha Company for its interest in exploring a potential sale of their property for conservation,” said Dave Sutton, California Director of Land Conservation for The Trust for Public Land.
The appraisal process is expected to extend well into 2020 and the parties are hopeful that it will result in a mutually agreeable price for a purchase agreement between TMC and The Trust for Public Land. ”For the first time in 45 years, meaningful and productive dialogue is now taking place," said Bullock.
The parties have entered into a non-disclosure agreement and will not be able to share more information at this time.