One of the largest residential properties in Montecito, California, has sold for $63.25 million, about half of its original $125 million asking price.

The roughly 240-acre property initially came on the market in 2014, Propgoluxury reported.

Known as Rancho San Carlos, the estate includes a roughly 30,000-square-foot Monterey Colonial-style house with 12 bedrooms, 10 cottages, a small office building, equestrian facilities and about 100 acres of citrus and avocado orchards.

Rancho San Carlos has enormous scale and a host of quirky amenities. Built around an interior courtyard, the main house has an English-style pub accessed through a hidden door, an underground badminton court and a small tower accessible from the master suite via an interior staircase.

The property was listed by Suzanne Perkins of Compass and Harry Kolb of Sotheby’s International Realty.