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Print Welcome back to the Real Estate newsletter. We’ve seen plenty of mega-mansions fetch astronomical prices over the years, but the mid-May market showed us just how valuable a plot of land could be. Tobey Maguire kicked off the week by hauling in $10.75 million for an empty acre in Brentwood. No house. No grass. Just a patch of dirt in one of the most affluent communities in Los Angeles. It was the second-priciest land sale so far this year. Shortly after, a 3,600-acre spread up in Ojai surfaced for sale with a much bigger price tag: $100 million. Known as Black Mountain Ranch, the working cattle and horse ranch combines 63 parcels and offers a bit more than Maguire’s property, with a mansion, four guesthouses, a lake, tennis court and shooting range. ....
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Print A mountain of a listing just hit the market in Ojai, where a 3,600-acre estate known as Black Mountain Ranch is up for grabs at $100 million. It’s Ventura County’s largest and priciest property currently on the market by a mile, and one of the largest in all of Southern California. The seller is businessman Richard Gilleland, who formed the prize property by combining 63 parcels. The working cattle/horse ranch combines rolling hills, grassy pastures and 12 separate structures including a main house that spans more than 13,000 square feet. Built in 2004, the lodge-like space combines wood, stone and glass with rustic rooms that take in views of the surrounding mountains. ....