Comment by sdnlafkjh34rw

The beach isn't owned by Khosla and is not private so I don't understand this argument. The value of the strip of land should be assessed at the market value of having a land route to an already public beach that previously didn't have land access (the beach has always been public, the argument is whether Khosla needs to provide access to it). Given its a tiny beach with moderate attendance, I'd argue the NPV is way less than $30m.