66 acres of California’s Lost Coast up for auction
This weekend, some 66 acres of undeveloped land on California’s famed Lost Coast are going up for auction. The vast and gorgeous tract could all be yours with the wave of a bidding paddle — plus millions of dollars in cash, with no contingencies or financing.
The property at 38 Bay Circle, near the coastal hamlet of Shelter Cove, is dotted with coastal sage and chaparral. It features a flat area big enough for a two-story home overlooking the Pacific Ocean, the only part of the lot that’s zoned residential, although anyone looking to develop it may want to consider that the current owner bought it with exactly that plan, before running into significant roadblocks, both cultural and legal.