Jennifer Gould
A California horse ranch, once listed for $109 million, will now be available for $69.99 million. On September 12, 2024, Arthur A. Cameron III announced the price drop for his oceanfront property in Carpinteria. This ranch, known as Rancho Cariñoso, has been in his family for over 40 years.
Located near celebrity neighbors like Kevin Costner and the recently sold Ellen DeGeneres property, this estate offers unique features. It includes private beach access and equestrian amenities, making it a rare find in Southern California.
Key takeaways:
- Price drop from $109 million to $69.99 million.
- Located in Carpinteria, California with private beach access.
- Property has been in the family for over 40 years.
- Unique features include horse trails and yacht docking.
California Horse Ranch Slashes Price to Attract Buyers in Competitive Market
The stunning Rancho Cariñoso horse ranch, once valued at $109 million, is now listed for $69.99 million. This price cut aims to attract potential buyers looking for a unique property in Southern California. The estate spans 4.21 acres and features a modest ranch home built in 2014. The property is one of the few remaining oceanfront horse ranches in the area, making it a valuable investment.
Unique Features of Rancho Cariñoso Horse Ranch That Set It Apart
Rancho Cariñoso stands out due to its exceptional features and location. The property offers private beach access, equestrian trails, and a deep-water dock for yachts. These amenities make it perfect for outdoor enthusiasts and horse lovers alike. Here are some of its unique features:
- Private horse trail leading to the beach
- Deep-water dock for yacht access
- Room for additional home and horse stables
- Access to hiking trails and ATV driving
Exploring the Lifestyle at Rancho Cariñoso Horse Ranch
Living at Rancho Cariñoso means embracing a lifestyle of luxury and adventure. The property allows for horseback riding on the beach and enjoying private surf breaks. Residents can also dock their yachts right in front of their home. This blend of equestrian and oceanfront living is rare and highly sought after.
Celebrity Neighbors and Their Influence on Property Value
The ranch is situated in a prime location, surrounded by celebrity neighbors such as Kevin Costner and Kourtney Kardashian. This proximity to high-profile individuals adds to the allure of the property. The recent sale of Ellen DeGeneres’s nearby estate for $96 million further highlights the area’s desirability.
For more information on luxury real estate, visit [Luxury Real Estate](https://www.luxuryrealestate.com) or check out [Realtor.com](https://www.realtor.com).
