Land Bank receives approval to purchase additional Cady Mountain property
Posted May 23, 2022 at 8:58 am by Jeff Arnim
Last Tuesday the San Juan County Council approved a resolution that allows the County’s Conservation Land Bank to proceed with the $800,000 purchase of a 40-acre property adjacent to the Land Bank’s existing Cady Mountain Preserve.
A staff report to the County Council explains that the property had been a Land Bank conservation priority for years.
“It adjoins the Land Bank’s existing Cady Mountain Preserve and hosts a portion of the summit of the mountain,” the report says. “It has rare Garry oak and rocky bald ecological communities. With forthcoming ability for the public to access the Preserve from Three Corner Lake Road, this property will likely become a natural destination for hikers. There are stellar views of Turtleback and south across the Strait of Juan de Fuca to the Olympic Mountains.”
The property was listed for sale several years ago for $2 million, but did not sell. Last summer the owners decided that they wanted to sell the property to the Land Bank instead, and were willing to provide owner financing.
The Land Bank will pay $200,000 when the purchase closes, with the remaining $600,000 payable over four years.
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