Real Estate News

Winter rains mean Lake Nacimiento is 86% full at 790 feet. Learn more in NRWMAC's January 2023 newsletter here.

Read the latest about Lake Nacimiento in NRWMAC's August 2022 newsletter here.

You can save when moving thanks to Proposition 19! If you are a homeowner age 55 and over, severely disabled or a victim of wildfire or natural disaster, you are eligible to transfer the tax base of your primary residence to a replacement primary residence anywhere in California. The California Association of Realtors has created Prop19TaxBreak.com with resources for you to get up-to-date information on this potential property tax break.

Hello Fellow Lake Lovers,

I encourage you to follow NRWMAC by subscribing to their newsletter. The most recent copy is available here. It includes an excellent roundup of their important efforts to advocate for Lake Nacimiento's management and protect lake quality and property rights.

This month's newsletter includes a concise history of Lake Nacimiento:

"Let’s be clear about water rights. Water in California is protected for the use and benefit of all its citizens. California's waters cannot be owned by individuals, groups, businesses, or governmental agencies. Permits, licenses, and registrations give individuals and others the right to beneficially use reasonable amounts of water. Monterey was provided a grant in 1958, based on their application to develop a first-class recreation area at Lake Nacimiento, thereby making a longterm comittment to promote and develop recreational facilities at Lake Nacimiento. Monterey was again licensed in 1964, with the statement of purpose: “Recreational use at Lake Nacimiento Reservoir within San Luis Obispo County and irrigation, domestic, municipal, industrial and recreational uses within an area of Monterey County.” In 1996, Monterey was once again granted a permit subject to prior rights that authorized specific purposes for using the water for irrigation, industrial, municipal, recreation, and domestic use. There are no percentages of water listed in those grant rights. There is no single group that owns the water. In fact, there are five groups with
interest rights that share the water in Lake Nacimiento and ALL FIVE are entitled to the water!"

Greetings friends!

Spring is rapidly turning to Summer here in the North County and we are officially in a drought, which means that good water management is ever more important, especially at Lake Nacimiento.

One organization that is a great watchdog and legal advocate for our water rights is the Nacimiento Regional Water Management Advisory Committee (NRWMAC). I encourage you to support NRWMAC or, at the very least, read their latest newsletter here.