The trail crosses land owned by multiple parties including the National Park Service, the State of California, Marin County, the City of Mill Valley, and the Flying Y Homeowners Association.

[3] The trail was deemed significant as representing "the founding footrace that laid the groundwork for a long Bay Area tradition that linked community with fitness and civic wellbeing".

Livingston wrote in 2010:These spirited footraces were created to bring residents together through events that inspired cooperation, community pride, and personal health.

Mimicking the Dipsea Race, the runners started at the San Francisco Bayside of the city and ran over hilly streets to end at the Pacific Ocean.

The annual footrace across city streets energized the North Beach community, largely composed of Italian immigrants looking for a better life in America.

At the time of this nomination, there are dozens of rural and urban footraces held through out the year in the area, many of which raise funds for causes or merely promote competition and personal health.

The Dipsea Race was the founding footrace that laid the groundwork for a long Bay Area tradition that linked community with fitness and civic wellbeing.