For more than 116 years, Deanna Davis’ family has owned Reynolds Ranch, which spans 7,600 acres in California’s Central Coast region. With the heirs in disagreement over the homestead’s future, Reynolds Ranch is now on the market for $30.7 million.
“It’s so hard to make decisions together as a family about the ranch,” Davis told CNBC. “If I had the cash, I would buy the whole thing right now and cash everybody out and start over and take the title in a LLC.”...
Key Points
- Deep-pocketed buyers are clamoring for ranches with massive acreage and private fishing.
- At
the same time, one-of-a-kind ranches are hitting the market for the
first time in decades — or even generations — as families choose to cash
out.
- Premium ranch brokers told CNBC why these legacy ranches command top dollar, and what buyers should know...
...more
RSK: If only...but for now, I will be content with my little Platt of land in Nakoma down by the golf course, sitting on my deck with my two Goldens.
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- - Volume: 25 - WEEK: 37 Date: 9/9/2025 1:13:16 PM -