If you have $72 million, you can own what’s believed to be the largest piece of land for sale in California — but its new owner could become the state of California itself.
The 50,500-acre ranch, known as the N3 Cattle Company ranch, was listed for $72 million for the first time in 85 years in July 2019. And just last week, Gov. Gavin Newsom announced that he wants legislative leaders to put $20 million from a one-time budget surplus toward a new public park in California. As the Los Angeles Times’ Louis Sahagun reports, the governor declined to disclose where the new park would be, but Bay Area lawmakers have been pushing for the $20 million to go toward the N3 Ranch.
Financial commitments from non-profit conservation groups have already been secured, and if the $20 million gets approved quickly from the state, the funding for the ranch would be complete, creating one of the largest public parks in California. There’s a matter of urgency, however — the listing has attracted national and global interest, with the property’s listing agent telling the LA Times that it’s been shown to 14 prospective buyers so far.
The N3 Cattle Company ranch stretches across four counties: Santa Clara County, Alameda County, San Joaquin County, and Stanislaus County. The Wall Street Journal reported in July 2019 that the ranch is larger than the city of San Francisco.
The property has been a working ranch for 85 years and is currently owned by fourth-generation ranchers, according to the listing. It includes 80 square miles of watersheds, creeks, diverse terrains, and wildlife, along with 200 miles of private roads.
There are hunting cabins scattered throughout the property along with a four-bedroom main house and four cabins for employees.
Take a look inside the ranch.