600-Acre Delta Site With 2-Mile Water Frontage Hits the Auction Block

A 600-acre site with 2 miles of water frontage in California’s Delta region has been scheduled for sale next month via auction, according to Platinum Luxury Auctions, the auction firm handling the offering. Though not listed for sale in more than a decade and without a formal asking price, the Contra Costa County property was previously contracted for sale to a national homebuilder for more than $60 million.

Platinum is managing the transaction in concert with listing brokerage of record, Corcoran Global Living in Discovery Bay, CA. Corcoran is represented by its owner and principal broker Bryan George Hogge.

The October 8 auction is preceded by a mandatory sealed bid program, which has a bid submission deadline of 5:00 p.m. Pacific time on September 13. Any party interested in bidding on the property must first submit a non-binding sealed bid to Platinum by the deadline. The requisite sealed bid forms are available from Platinum upon request.

The acreage consists of three contiguous parcels. Its extensive frontage on fast water allows for boating all the way to San Francisco Bay. There are 25 yacht clubs and more than 100 marinas in the area.

Portions of the property’s waterways also benefit from a newly reinforced 100-yard-wide levee. The multimillion-dollar levee improvement was paid for entirely by the Bethel Island Municipal District, at no cost to the property owner.

The property has approximately 300 head of Black Angus cattle and organic poultry farming operations onsite. The land has held a certified organic farm rating since 2013.