SEAVIEW - The Washington State Parks and Recreation Committee announced a special meeting to consider the acquisition of all land owned by the Realvest Corp. adjacent to Cape Disappointment State Park.
The meeting is scheduled for 11 a.m., July 7 at the Lewis and Clark Interpretive Center, at Cape Disappointment State Park. Because this is a single-topic special meeting, the meeting will be done via conference call. Interested members are invited to attend and testify.
The Realvest Property, which is adjacent to the largely undeveloped area of the park known as Beards Hollow, is approximately 80 acres, with 1,100 feet of oceanfront. It is the last piece of undeveloped high bluff at the southern end of the Long Beach Peninsula and includes a vista point and substantial dune area. State Parks staff believes the property has very high recreation, open space and view protection values as an addition to the park.
The property has been appraised with a value between $1.40 million to $3.52 million. A purchase price of $2.1 million has been agreed upon. If not acquired, State Parks says it is probable that the Realvest Corporation will develop condominiums on the property.
The acreage was a subject of controversy two years ago when State Parks proposed swapping land in Long Beach for it. After a public outcry, the state land in Long Beach was given to the city. Realvest and State Parks have worked since then to agree on a cash price for the 80 acres.