California Hosts One of the World's Strangest Private Islands: $25 Million for a Red Rock Without Electricity or Water
Red Rock Island, located in San Francisco Bay, is a unique private island on the market for $25 million. Despite its striking reddish hue and prime location, it lacks basic amenities like electricity and water, making it a peculiar luxury investment. The island spans approximately 5.8 acres and is surrounded by three counties, complicating any potential development due to varying regulations.
The island's history includes past interest from miners and potential buyers, including a controversial guru in the 1980s. Currently owned by the Durning family, Red Rock Island is marketed as a prestigious collectible, attracting attention from affluent buyers. As of late July, a contract has been signed with an anonymous buyer, although the sale is not yet finalized.
Red Rock Island's allure lies not only in its natural beauty but also in its rich history, making it a fascinating prospect for those seeking a unique investment opportunity in the luxury real estate market.