Updated
Updated · The Washington Post · Sep 25
Belden Town Seeks $4.75 Million Buyer as 87-Year-Old Owner Exits After 4 Decades
Updated
Updated · The Washington Post · Sep 25

Belden Town Seeks $4.75 Million Buyer as 87-Year-Old Owner Exits After 4 Decades

2 articles · Updated · The Washington Post · Sep 25

Summary

  • $4.75 million would buy Belden Town, a tiny Northern California enclave that owner Ivan Coffman has put on the market after nearly 40 years.
  • Coffman, 87, is selling because he is ready to hand over the keys, pitching the purchase as a chance to “be your own mayor.”
  • Belden sits along the Pacific Crest Trail in rural Northern California, giving the sale a niche appeal tied to its location and identity as a full town with its own ZIP code.

Insights

Could buying a $4.75 million California town with its own zip code be the ultimate real estate dream, or a wildfire-prone nightmare?
What hidden legal responsibilities await the buyer brave enough to purchase an entire remote Northern California town outright?
Who will step up to be the new mayor of this legendary Pacific Crest Trail oasis before it potentially changes hands forever?