Several large ranches changed hands this year, each offering a unique opportunity to invest in ranch life. See our coverage of these top listings from 2018:
Muhammad Ali’s Michigan Farm For Sale
The 81-acre farm near Berrien Springs, MI, that served as Muhammad Ali’s retreat and training site is for sale. The farm, complete with a boxing ring, is offered by his widow for $2.8 million. Read more.
John Wayne’s California Ranch Listed for $8 Million; Could Grow ‘Weed’
The Duke’s former 2,000-acre ranch outside Los Angeles is being touted for its potential as a cattle grazing operation and a marijuana farm. Read more.
Disney Buys 965 Acre Florida Ranch for $23 Million
For $23,834 per acre, the Walt Disney World Co. bought a ranch in Florida that might never be developed for the nearby theme park. Read more.
$51-Million KB Carter Ranch For Sale in Texas
The 15,000-acre iconic KB “Kimbell’s Best” Carter Ranch includes a private airstrip, oil and gas rights, a family retreat and about 14-miles of Trinity river frontage. The ranch houses a 3,500-head cattle herd, with capacity for 10,000 stockers. Read more.
‘Magnificent’ Montana Ranch Goes Up For Sale
For only the second time in more than a century, Montana’s LF Ranch is for sale, offered at $52.5 million. The 42,400-acre jewel in the “Crown of the Continent” offers more than 37 miles of trophy trout fisheries, virtually every mammal known to the American Rockies and stunning views. Read more.
Bankruptcy Forces 37,000 Acre Texas Ranch Sale; Worth $52 Million
The KC7 Ranch in West Texas includes a 10,000 sq. ft. home and more than 37,000 acres of range land. The rangeland has a reasonable stocking rate of 500 cows with calves, improved watering systems, and a variety of grasses for rotational grazing. Read more.
Read original article: https://cattlemensharrison.com/2018s-top-ranch-sales/
By: Drovers