Real Estate newsletter: A $100-million ranch moseys to market

Shortly after, a 3,600-acre spread up in Ojai surfaced for sale with a much bigger price tag: $100 million.

A few celebrities also found places to settle down for the summer.

For all the renters out there, good news came from Sacramento this week in the form of Gavin Newsom’s latest COVID-19 recovery plan.

It’s Ventura County’s largest and priciest property currently on the market by a mile, and one of the largest in all of Southern California.

The ranch combines rolling hills, grassy pastures and 12 separate structures, including a main house that spans more than 13,000 square feet.

A handful of other homes dot the scenic grounds, including a 2,000-square-foot caretaker cottage with a porch and a 1,800-square-foot guesthouse.

An empty acre could fetch such a sum only in a handful of Los Angeles enclaves, and Brentwood is one of them.

Maguire, who starred in Sam Raimi’s “Spider-Man” trilogy, barely pulled off a profit after paying $10 million for the property in 2008.

Kenya Barris, the creator behind the shows “black-ish” and “#blackAF,” can’t get enough of the San Fernando Valley.

His newest place emphasizes amenities, with a gym, six-car garage and professional recording studio spread across 6,500 square feet.

In 2019, he paid $150 million for the “Beverly Hillbillies” mansion in Bel-Air, which ranks as the second-priciest home sale in California history.

His new boat shed is much humbler than the Bel-Air mega-mansion.


Fed up with the housing crisis in Oakland, a group of unhoused residents created a whimsical refuge known as “Cob on Wood,” the Guardian reported.

In grislier news, the lot that held the home where John Wayne Gacy murdered dozens in the 1970s sold for $395,000, TMZ reported.

Before joining The Times as an intern in 2017, he wrote for the Columbia Missourian and Politico Europe.

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