Creating Penngrove Cohousing Community!!!

An exceptional opportunity is available to create a stunning co-housing community in Penngrove!
We are excited about a 12 acre property in Penngrove that is subdivided into 4 lots! This gives us the flexibility to build several smaller homes on each lot to create a community of reasonably priced homes. Since there is already a well to serve all 4 lots and one of the lots has a septic tank and leach field, we will be able to quickly build housing for the initial community members while the rest of the property is being developed.
Each lot will cost about $500,000 and needs to be financed by one or more separate members in cash or through a $150,000 downpayment with $3,000/month loan payment until construction starts.
The property will be foreclosed in mid-December unless a bona fide purchaser makes an offer before then.
Please join a zoom gathering on 12/1 (2 to 3 pm) or 12/4 (7 to 8 pm) to learn more about the property and meet Jasmine Gold and other lead organizers on this project. Jasmine was one of the early members of Frogsong Cohousing in downtown Cotati, where she participated in its development with the Cohousing Company. She lived there for 12 years while raising her daughter. With this understanding of what it takes to build and live in cohousing, Jasmine is thrilled to create a community on this gorgeous piece of rural land.
It is rare for property like this to come on the market, so the time to act is NOW!