The park that emerges in the aftermath of a contentious settlement over ranching in the Point Reyes National Seashore could eventually offer new opportunities for hikers, bikers and equestrians, along with new overnight options for campers.

West Marin trail enthusiasts are excited about the possibilities, even as they sympathize with the ranching families that are departing after working the land for generations.

Groups such as the Point Reyes National Seashore Association and Access4Bikes did not…