Hey everyone. Need some real advice from those of you that are knowledgeable in the sale of land. I have sold many parcels and this property is one that seems to be cursed. (Landlocked)
I just got off the phone with a client of mine who broke down in tears. We have been trying to sell this beautiful chunk of 2o acres above Lake Oroville, Ca for about 2 years now. I have built a great relationship as you can imagine. One of my record listings to date all because a stubborn neighboring landowner is trying to capitalize on the local land. Owning about 5+ large parcels ranging from 20-180 acres, Don the neighboring land owner has accumulated a bit of a private oasis. Locked behind a private solid gate with about 20 other land owners, my clients property hits Lake Haven Way by an estimated and surveyed 80+ ft. Although there seems to be no real reason why the property is landlocked, and the property is clearly accessible. It is... County records and deeds dating back to the creation have never had access. In doing research on other property owners in the area, there are a few in the same situation.
There has to be something my client can do. The family attorney even states that no where in California can someone be landlocked. They also stated that right of way is guaranteed due to the situation. However, that will cost money for my client as well as time that she doesn't have. Her husband is facing bad health issues and the only reason for the unfortunate sale is to eliminate some medical bills.
All property owners besides good old Don have agreed to grant access. I have spent numerous hours, way beyond your average deal researching and trying to figure all the angles. I have even had interested individuals who were willing to take it on, but for mere cents on the dolor. Don himself has even approached with a ridiculous offer... Priced at $62,500 my client is motivated. But for cents on the dolor?
Click on the link above to see the property and if at all possible please help with advice in regards to what your approach would be. Thanks everyone...