A Northern California ranch owned by the descendants of the late Dean Witter, founder of the eponymous investment bank, just hit the market for $31 million. Called Lone Pine Ranch, the roughly 27,000-acre property spans Trinity and Mendocino counties, about a six-hour drive from San Francisco. The approximately 5,300-square-foot main house has 10 bedrooms and five bathrooms.
The property includes timber and cattle operations as well as approximately 16.5 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. The Wall Street Journal Article can be found here, and additional press can be found here.
