The Wildlands Conservancy Acquires 14,141-Acre California Ranch From Apple Co-founder For $35M

The 14,141-acre California ranch located at 35351 East Carmel Valley Road in Carmel Valley has been sold. The property, once owned by Apple co-founder Mike Markkula, has been purchased by The Wildlands Conservancy for a price of $35 million. The aim of The Wildlands Conservancy, with support from the Esselen Tribe, is to restore the land and make it accessible for public recreation. Funding for this conservation project is being provided by the California Wildlife Conservation Board.

Summary of transaction details

• Property Type: Land
• Transaction Amount: $35,000,000
• Address: 35351 East Carmel Valley Road, Carmel Valley
• Market: Carmel Valley
• Acres: 14,141

The buyer of the property is The Wildlands Conservancy, which aims to preserve and revive the land for public use. Assisting in this effort is the Esselen Tribe, who have joined forces with the conservancy. The seller of the ranch is Linda Markkula and Mike Markkula, the co-founder of Apple. Acting as the broker for this transaction is Bill McDavid from Hall and Hall.