Mike Markkula, a co-founder of Apple Computer Inc., has relisted his sprawling ranch in Carmel Valley, California, with a new asking price of $37.5 million. The property known as Rana Creek Ranch was previously listed in 2013 with an asking price of $59.95 million and again in 2016 for $45 million. It is the largest landholding in Carmel Valley and had been off the market since December 2018.
A working cattle ranch, the 14,000-acre property includes a lake, riding arena, two barns and a private airstrip. The estate is anchored by a 5,413-square-foot main house with one bedroom, one bath and two half-baths. A covered walkway connects it to a two-bedroom guest wing, and there is also a separate two-bedroom guesthouse. The ranch has offices and homes for the manager and staff.
Just the idea of a ranch conjures up images of wide open spaces, cattle and shimmering lakes — the perfect excuse to buy cowboy boots. Country living doesn’t get more idyllic than Rana Creek Ranch. Currently being operated as a cattle ranch and owner’s retreat, there are many options for a future owner to expand operations.
The ranch is about eight miles long by over four miles at its widest point with water resources in the form of creeks, ponds and an aquifer. The land is…