0 Summit RD, Corralitos, California
0 Summit RD, Corralitos, California 95076 - This home site is on 131 acres in the La Cima Planned Unit Development and La Cima Timber Preserve. This is the last home site in this development.The home site comes with a 1/6 interest in the La Cima Timber Preserve. Redwood is harvested from the preserve in, approximately, 13-year cycles with the proceeds distributed to the owners of each home site. The 2017 harvest yielded a little over $132,000 per home site. The price for lumber changes yearly. 4 home sites have custom homes, and the fifth home site is in the building process. La Cima Mutual Water Co. is owned and operated by the homeowners and provides water.The power (PG&E), phone and DSL (Verizon) services are underground.There is easy access off Hwy 152 and through Mt Madonna County Park to Summit Rd. La Cima is located on the Santa Cruz side of Summit between Mt. Madonna Park and the Mount Madonna private school and retreat center. The entrance to the home site is through a private gate and down La Cima private paved road.
Listing Courtesy of Shawn Vandenbrandhorninge~Intero Real Estate Services
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