The 39 acre island, currently listed on Sotheby’s for $40 million, has been the subject of considerable court controversy surrounding environmental regulation.
Following a decade long legal battle, a Solano County private island previously listed for up to $70 million will go up for auction in January following a court order.
The sale, according to the documents “does not relive John D. Sweeney or Point Buckler Club LLC of their obligation to comply with all aspects of the federal remedy order and the state orders and does not permit the transferee from denying John D. Sweeney or Point Buckler Club LLC from exercising the rights necessary to comply with all aspects of this federal remedy order.”
Sweeney said he purchased the island in 2011 for a fee of $150,000, selling kiteboarding club memberships to Silicon Valley elites for $750,000 apiece. The island holds a bar and lounge, as well as two helipads. Sweeney claimed last year he has held up his end of the bargain, repairing a levee in seven places, which he alleges he was allowed to do. County Counsel Bernadette Curry clarified that the maintenance plan was not kept up by owners before Sweeney, meaning that it was defunct and the property had transitioned back from “managed” wetlands to “tidal” wetlands.
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