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One of the buildings from the Southern Humboldt cannabis farm reflected in a pond on the property. [All photos from Top Properties Real Estate and Patrick Quinn ]
A quirky and charming Humboldt County cannabis farm on Upper Thomas Road in Salmon Creek captured the internet’s fancy over the last couple of weeks. The Zillow Gone Wild tweet about the place has over 1300 likes.
According to the listing this $925,000 1 bd, 1 ba Miranda CA home has 40 acres, a pond and and comes with a nice classic “legal farm” pic.twitter.com/3MCsn3ipCV
— Zillow Gone Wild 🏡 (@zillowgonewild) April 27, 2022
Today, the New York Post has picked up the story.
The property which is in the permitting process has just over 38 acres and has 22,500 square feet available for cultivation, according to the Post.
The Trinity County realtor, Brooklyn Marvin (DRE#02039145 of TOP Properties), tells the Post, “Everyone’s trying to jump on the opportunity to open up…A lot of these guys started in LA and San Francisco … and then they realized that it would be a real benefit for them to be owning their own farm to feed product into these legal channels.”
According to the Post’s author, Marvin told them “that smaller-scale in-state retail companies of marijuana sales are trying to head up to Humboldt County, which is known for its craft weed scene.”
The author then quotes Marvin saying, “I think our community has really contributed to how special the product is coming out of this area, which is why we’re famous.”On the one hand, cute little hill homes with cannabis permits are fairly common in the Emerald Triangle so we tend to think they’re no big deal.
, this one has some nice touches (though many do).
Check out the dragon! And, the water tank. That’s some cool art!
All in all, the place may be relatively ordinary to the folks who live in the Humboldt hills but, we can see why it looks like heaven to folks from elsewhere. In fact…it’s not too far from this author’s little slice of paradise.
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Whutthephuck. Lame realtor BS. Let some douche bags waste their money on a losing investment. Gtfoutta here Brooklyn Marvin real estate agent
Actually she’s a pretty cool kid. I thought it was the dude we met but it’s his coworker we spoke to on the phone. Don’t shoot the messenger.
“Everyone’s trying to jump on the opportunity to open up…A lot of these guys started in LA and San Francisco … and then they realized that it would be a real benefit for them to be owning their own farm to feed product into these legal channels.”
“that smaller-scale in-state retail companies of marijuana sales are trying to head up to Humboldt County, which is known for its craft weed scene.”
I don’t know too many people trying to “open up” at 3bills a bow. it would be a fat pay off for the realtor though
I hope they grow vegetables and raise kids. That is a beautiful farm!
You know… I was about to say something snarky. But your comment just stopped me. I agree. That is a beautiful thought. Growers are done here…but new refugees that love the land are welcome.
Can buy a lot of veggies for a million. That price for a one bedroom is drug money.
You would have to be loaded but the peace and quiet at the end of the road is priceless.
You sound Jealous! Try working harder and earning your shit like she does.
no jealousy on this end, boss. rather, I’m sick of seeing the communities I’ve belonged to being sold to the highest bidder
Blah, blah another over priced piece……
You should see what kinda shit box on 1/4 acre?..1/8 acre?…no! top floor condo in Mountain View…$1.3+million!
Incomparable in near every aspect. Starting with the education you receive in Mt. v
These are the people we need to be angry at! How much fuck’in money does this company got, lol. Everyday for the past 4 months certain funds bail these pieces of shitz outta extinction.
They’re actually buying them? I heard from realtors just south of here that they’re having a very hard time selling them.
If they ARE buying them then they will end up losing money. Zombie company..
Been watching this one for awhile, a very beautiful farm but then again you gotta live in so hum and the farm probably only makes a little $ if you’re well connected and know how to be an owner operator and run a tight ship. If you were to hire a full crew to run it there is no $$ left over or perhaps in the red. I’m curious who is lending on these properties now a days? Are hard money peeps still loaning on these properties? the risk seems high relative to reward in today’s market. Bless up
Make a loan. Make sure the buyer’s money gets sucked in also. In 2 years you will get that property. The risk is with the fool buyer …the lender comes out good either way
Loan to own. That’s lame, but coming from the bitter old timer I’m not surprised. For the lender to come out good requires a low LTV and an REO that someone else will want to buy (unless you plan to dispo another way or live there yourself).
Honestly there is way better ways to make a return, esp after the borrower realizes you screwed them over and they trash the place on the way out. Worse yet it burns before the auction and the insurance is lapsed or insufficient. I stopped lending on farms last year.
I just went and looked at a place where the tenants seem to have poured cement down the toilet, disconnected the water drains and let the water run all over the floor for quite a while.. Needs lots of new (engineered- not solid wood) floor joists and a new septic sytem. It’s going to be a little hard to sell..
Yes it’s very very hard to fix the drain lines with concrete in them. Don’t matter if it’s a raised foundation or slab. Imagine the concrete in older cast iron drains. No way a soil cutter is gonna crack that pipe. The water damage you mentioned can be enough to ruin things leaving the lender with a loss to fix up to sell.
Buying with the intent to default ha! Sounds like the sub prime days are near.
People have been doing that in the area since pot prices started going down. There’s actually a name for it- it’s called a “Lonny deal”. Some slimy real estate “guru” “invented” it.
Oops, meant to respond to Farce
https://www.zillow.com/homedetails/70105-Bell-Springs-Rd-Piercy-CA-95587/19201657_zpid/?utm_source=email&utm_medium=email&utm_campaign=emo-instantsavedsearch&rtoken=1dff88d4-90ab-433b-8042-86cc718dc922~X1-ZU10grf5gjfjw95_7c2wh&utm_term=urn:msg:20220510155940b0b39ae52565734a&utm_content=sentEmailDate-forsale_gid-zillow_batch_volume_governor_instant_saved_search_email_model_a-instant_saved_search_fs_email-1652171123-59273dd6-aa9b-4284-a567-3dcbbcd9182e_instantsavedsearch_address-PSS&sse=X1-SSor9m9irlkntn1000000000_493yr
Umm, it’s in Mendo, no one wants to live in Mendo. Might as well show real estate in LA same thing kinda. I am only razzin by the way.
Sir, I would like to buy your shit shack with associated plastic heap. Do you do owner financing?
The current price is $300,000. Trying to get out and not destroy credit rating. Cannabis is a losing game
Oh yeah- I’d like to put $1000 down and then in a year I can make the big balloon payment. I’m just sure prices will go back up and I’ll be able to afford it…..says nobody anymore
Haha it paid for itself plenty of times since you bought it in 08. It’s crazy to see the price cuts in the last year. At that rate you might as well just keep it.
I just put in my offer of 875,000. Fingers crossed
so my bid at 965k is probably solid. Hell yeah! Don’t you know your supposed to overbid, not underbid. Haven’t you seen the news? Don’t you know what to think?
I got on fully permitted for allot less,and it has a real house and 2 cabins. Professional light deo greenhouse on heated concrete slab
Hopefully they can sell their property and move away from this crashing marijuana market. Better off growing some magic beans.,.
How are prices looking for outdoor so far this year?
It’s a cute looking house but I wouldn’t count on being able to get fire insurance for it.
Best insurance there, for your money? Would be: $500/ year to Salmon Creek VFD Water tanks with 1 1/2″, or 2 1/2″ fire hose fittings…is there a pond? Get a pump that works. Weed wack, mow, and thin the brush. Get fire extinguishers.
I hear SC VFD is badass, but they can’t stop a raging fire like I’ve been seeing in Trinity lately.
Nor can an insurance company!
Yeah, but if you need a mortgage, you’ll need fire insurance. And given the vegetation around that house and it’s construction, I doubt you’d be able to get it.
Well then, pay cash Problem salved
Permitting process meaning fines arent paid yet? And with lb $ being at an all time low.. goodluck. Sounds like someone got an abatement notice
Or the Waterboard has that giant possibly unpermitted pond/ lake on their punitive radar.
My favorite “cannabis farm” BS. They say it’s a “nice legal farm”, and also that it’s in the “permit process”.
That’s a combo for suckers.
It’s a farm for harvesting legal issues
Hey now we lost lotsa pizza makers since NJ/NY legalized. We need a few back. Once they buy it they’ll see cannabis is dead and start grow’in tomatoes for pizza.
To the outside buyer, you have to wonder why it’s for sale in the first place.
Because running a large weedfarm is a major headache and the $$$ just isn’t worth it anymore.
LMAO, and so are the sellers; if they get it, . Gotta love the glory of the fishin’ trip.
Hey, wasn’t that same woodstove in “Ganjasaurus Rex?”
And I gotta love the idea that some urban chump dreamer with too much cash will jump on it.
I’m lovin’ the chutzpa!
Cute little cabin with some water features . 500k-600k seems reasonable.
There’s some amazing properties up for sale rn. I got one I’m looking at its about 250 acres . River runs through it and it’s got senior water rights with canals and trout ponds and a 20-30 acre meadow. Off grid and has been in the same family since 1940s.
It’s about 2x the asking if this cabin and there’s no weed stuff on it .
It’s what’s called an “impacted watershed”…
(Means it’s not conducive to growing)…
(Means it isn’t working out)…
Cliquey, would be an understatement.
Look what happened to the people that bought there and had to tear the home down, tear the shop down, etc…, etc…
And because of the previous owner’s unrecorded abatements…
I’d have to think long and hard, before I’d even consider a place in Salmon Creek, and that’s if you paid me a $ million to own it.
I don’t think it would be worth it.
They can keep it. I’d end up regretting it for sure…
The road has always been an issue…
The saying is “there’s a seat for every ass”. Not sure what it really means, but I’ll use it here. It is a nice looking property and would make a great homestead. Trying to pump it up and make it seem like the industry is moving up here is just wrong. This would be a horrible business investment, but a nice place to live.
Believing a realtor is like believing a lawyer….
They are few and far between, but there’s a few altruistic ones left …
You slid past used car salesman
So…..its a nice piece of ass is what your say’in.
“Farm”. Desperate attempt to legitimize the damage they’ve done to the economy and environment of the county.
Most other types of farms are more damaging than cannabis farms.
Yeah. The Humboldt County watersheds have been trashed by soy and corn farmers.
The Eel has been most heavily impacted by diversions for wine growers and suburban sprawl in Sonoma County
Most other farms also exploit illegal immigrants and use harsh pesticides that you won’t find on a cannabis farm.
Why not buy a factory that makes buggy whips or coal stoves?
There are some coal ovens still working back east. When the EPA shut down coal burning they made some exclusions for some old necessary uses…like…pizzarias! Coal burns hotter and makes a great pizza crust. If you get back to NY, NJ, CT area look for some coal-fired pizza…and Bon Apetit!
Are we all convinced that our cannabis industry is in it’s final death throws? Sounds like lots of people got out last years, and this year people are offering a percentage of harvest in order to get their plant starts and labor.
I hope we get an investigavtive news story on the potential effects of an industry collapse. Will off-shore wind, nordic aqua farm, google data center, the university expantion, gateway project and McKay development be significant offsets to the loss of cannabis?
How much, if any, did we recover economically since logging crashed?
Who is looking to move? Nowhere is recession proof but a national recession combined with a local industry collapse doesn’t sound fun.
…coupled with the nation’s highest gas prices and very expensive electrical rates? No- it will not be fun! As fun as it was it will now be un-fun. Investigative news would be fun but we won’t get that! No- those things will NOT offset the hundreds of millions of dollars we used to have shipped into Humboldt. I hope everybody stored up enough to last out the next decade! Remember- “Legalization” made us Free and Safe!!
Prop 64 was extremely safe and effective
those new developments aren’t going to have that many permanent jobs, as far as I can imagine. data center won’t need many people on site, I reckon wind farm will be largely remotely operated, university is and always will be a bubble, gateway and McKay…. lets see how many local businesses get the bids. maybe I’m a cynic
You are correct the datacenter will not bring any jobs really, just yet. It’s a step I have long seeked and what it provides is the high paying job opportunities in financial and most importantly cyber-security in the future. Both are long term industry needs and with the moderate climate and abundant energy it’s good for puters. The next steps are now able to move much more rapidly with this solid foundation. Seems China-Taiwan relations may speed up even my timeline.
That’s a beautiful piece of property, tucked away in the woods. Wish them luck with home insurance
Shouldn’t have any trouble paying it off with today’s prices. In about 900 years.
The interest on a 900 year amortization schedule would be insane.
Better make sure that property is properly surveyed and recorded, and there are no property line disputes, and it has deeded access and water rights….
Lots of common shenanigans can be avoided that way…