The Craftsman house where Jerry Garcia, Phil Lesh, Bob Weir and Bill Kreutzmann came up with the name Grateful Dead for their band is on the market for $2.7 million.
Lesh rented the two-bedroom home in Palo Alto, California, in the mid-1960s. The yard features mature trees, a vegetable garden, a brick deck, shady seating dining areas and a fire pit. The garage was converted into a studio, where the Grateful Dead held many jam sessions.
"The house and garage/studio have an undeniable vibe that has lasted for decades," listing agent Helen Lippert of Compass told Realtor.com. ‘The house just celebrated 106 years in great shape. It has great bones and has been maintained with loving care. Most people find the backyard to be a big surprise and a great benefit."
Don't Miss:
- If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
- Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever.
Built in 1918, the 1,008-square-foot home retains many original interior features, including a fireplace, wood floors and built-in bookcases. The kitchen boasts custom shaker cabinetry, a dining nook and an adjacent laundry room.
Owners Sonya Saunders and Amrit Kang said deciding to sell the house was difficult.
"In many ways, we started here just like the Grateful Dead," Saunders said. "We moved in with one child — we are leaving with two children, one au pair and many beautiful memories. Our older daughter learned how to ride a bike in the backyard."
Trending: Boomers and Gen Z agree they need a salary of around $125,000 a year to be happy, but millennials say they need how much?
The couple considered building a larger house on the property to accommodate their growing family but couldn't bring themselves to demolish a home with so much history and charm.
The house is near Stanford University, just a few blocks from the Hewlett-Packard Garage in a neighborhood known as Professorville. That garage, now a private museum, is considered the birthplace of Silicon Valley.
Grateful Dead spinoff group Dead & Company, made up of Dead founding members Weir and Hart alongside John Mayer and longtime collaborators Oteil Burbridge, Jeff Chimenti and Jay Lane, is playing 24 shows during their residency this summer at the Sphere in Las Vegas.
Keep Reading:
- Private credit offers up to 20% APY to potential accredited investors looking to capitalize on this growing asset class.
- Miami is expected to take New York's place as the U.S. Financial Capital. Here's how you can invest in the city with as little as $500 before that happens.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.