Ranch the size of San Francisco hits the market for $31 million
June 25, 2018 - Covelo
A Northern California ranch owned by the descendants of the late Dean Witter, founder of the eponymous investment bank, is asking $31 million.
The approximately 5,300-square-foot main house has 10 bedrooms and five bathrooms. Expanded by the Witters, it has changed little over the years.
The property includes timber and cattle operations as well as approximately 16½ miles of the Eel River.
The roughly 800 cow-calf pairs are for sale separately, along with the equipment. There are also four other homes, two bunkhouses, barns, sheds and corrals. The area is home to elk, blacktail deer, pig, bear and quail.
Mr. Witter and his wife, Helen, assembled the ranch from three separate purchases in 1942. The couple used the property as both a working ranch and a personal retreat, according to family members.
The family is selling the ranch as “it feels like the time is right,” said Mr. Witter. “We’ve enjoyed this property for 76 years.” He said there are currently 13 owners.
Bill McDavid of Hall and Hall shares the listing with Kevin Sullivan of Kevin Sullivan Realty, and Jim Redd of Four Star Realty.
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