The roughly 27,000-acre property in Northern California hit the market in May for $31 million.
With his wife, Helen, the late Dean Witter, founder of the eponymous investment bank, started purchasing the land that would become Lonesome Pine Ranch back in 1942. Located about six hours from San Francisco, the mammoth 26,600-acre ranch spans Trinity and Mendocino counties. The main house was built in the 1930s and covers approximately 5,300 square feet with 10 bedrooms and 5 bathrooms. There are also four other homes and two bunkhouses, plus the barns, sheds, and corrals one might expect from an outpost with viable cattle and timber operations. “The ranch is conservatively estimated to have a carrying capacity of over 800 cows and approximately 30 percent of the ranch is a tenderly managed timber resource,” according to the listing by Hall and Hall. I'm also told that the approximately 800 cow-calf pairs are for sale separately, along with the equipment.
From its riverfront vantage point—it bellies straight up to 16.5 miles of the Eel River—Lone Pine Ranch offers canyon views and access to a bevy of wildlife including salmon, steelhead, elk, blacktail deer, pig, bear, and quail. You have my attention!
Covelo, California | 26,600 acres | $31 million
Listed by Bill McDavid, Hall and Hall