The Grateful Dead raked in over $55 million in only five shows on their triumphant reunion tour over the summer. The group's bassist, Phil Lesh, immediately bought a piece of property worth $4.35 million in the Marin County in Ross, CA.
A long-time resident of Marin County, Lesh purchased in late October the 16-acre property known as Stag's Lair, right after he announced he was battling bladder cancer. Lesh is expecting to reach a full recovery and wants to spend ample time in his new pad.
Kyle Frazier, the listing agent, describes the beauty of the mountainous property but acknowledges that the home it holds needs some work. The agent says that the rocker scored a piece of land with "views unlike any other property" in the area.
Frazier says the property has two structures that require extensive renovations, but it is worth a purchase. "It's the single largest developed private property in Ross," said Frazier, as quoted by the Realtor. This Marin County enclave has only about 2,000 residents.
The listing agent didn't want to speculate on Lesh's plans for the property, but he says the sales transaction was smooth. The property boasts a year-round spring which has never run dry. The previous owner of the property lived to be 100 years old.
As posted on his personal website, Phil Lesh, the bassist revealed that he is entering his 15th year of playing with the Grateful Dead with a rotating mix of friends, both old and new. Lesh began playing under Phil Lesh and Friends in 1998, following the death of his friend and bandmate, Jerry Garcia, in 1995. Lesh has kept his musical journey updated by consistently putting together bands featuring dynamic musicians and singers working together toward keeping the music of the Grateful Dead moving forward into the future.
Lesh has shown his intention to keep playing with friends, old and new, for many years to come after the opening of Terrapin Crossroads in 2012.