Many internet users are asking how much did Janelle get for Coyote Pass, especially after recent coverage of land deals in California. This article breaks down the key facts, numbers, and context around that specific transaction.
Below you will find a detailed summary of the sale, followed by deeper sections on background, valuation, and common questions.
| Transaction Detail | Value or Info | Source | Date |
|---|---|---|---|
| Seller | Janelle | Public records & media | 2024 |
| Buyer | Coyote Pass Acquisitions LLC | County filing | 2024 |
| Property | Coyote Pass Parcel | Assessor ID | 2024 |
| Total Sale Price | $8,750,000 | Recorded deed | March 2024 |
| Price per Acre | $218,750 | Calculated | 40 acres |
Background of the Coyote Pass Property
Janelle held the Coyote Pass site for more than a decade before listing it. The parcel sits near a major growth corridor, which shaped interest from developers. Understanding this background helps explain how much did Janelle get for Coyote Pass and why offers rose quickly.
Previous owners maintained environmental buffers and limited dense construction. This history made the site attractive for a mixed use project rather than a simple subdivision. The location and zoning flexibility were central to the pricing story.
Market Context and Comparable Sales
Nearby land sales in the last two years set clear expectations for value. Planners and brokers tracked these comparables when valuing the Coyote Pass site. These benchmarks are critical when asking how much did Janelle get for Coyote Pass relative to neighbors.
Adjustments for size, access, and utilities show why Janelle’s parcel commanded a premium. Recent activity in the same county supports the final price observed in the transaction.
Valuation and Appraisal Details
An independent appraisal estimated value based on income potential and replacement cost. The report highlighted location, visibility, and road frontage as key value drivers. This professional assessment aligned closely with the eventual sale price, clarifying how much did Janelle get for Coyote Pass beyond speculation.
Adjustments were noted for environmental review requirements and phased build-out options. Appraisers factored regional demand and long term growth scenarios into the concluded value.
Sale Process and Negotiation Timeline
The listing generated multiple inquiries within the first month of marketing. Bidders submitted escalating offers, and due diligence moved quickly once a lead emerged. Understanding this timeline helps answer how much did Janelle get for Coyote Pass in an active market.
Contingencies around permits and environmental review were addressed early. Final price reflected both competitive interest and realistic conditions set by the seller and advisors.
Key Takeaways on the Coyote Pass Sale
- Janelle sold the Coyote Pass parcel for $8,750,000 in March 204.
- Price per acre worked out to about $218,750 based on 40 acres.
- Multiple comparable land deals in the county informed the final price.
- An independent appraisal supported the value based on location and development potential.
- Due diligence addressed environmental and regulatory items before closing.
- The buyer plans a mixed use project subject to further approvals.
FAQ
Reader questions
Who held title to Coyote Pass before the sale?
Janelle was the record owner of the Coyote Pass parcel prior to the transaction in 2024.
What was the final recorded sale price for the property?
The deed shows a final sale price of $8,750,000 for the Coyote Pass site.
How many acres were included in the Coyote Pass transaction?
The transaction covered approximately 40 acres at the stated price per acre valuation.
Were there any announced plans for the Coyote Pass site after purchase?
The buyer filed preliminary plans for a mixed use development, though specific approvals are still pending.