facebook
Traded Co logo
Submit
Daily limit: 0/10

John Wayne's Former Ranch In Southern California Sold For $11.25M

Property Image
SOLD
$11,250,000

California

See Similar Deals
Land3,000 SF
Sold 05/26/2023
the dealplayerscompscontact
Property Image
SOLD

John Wayne's Former Ranch In Southern California Sold For $11.25M

43000 Stanley Rd Hemet, CA 92544, USA

See Similar Deals
Land3,000 SF
Sold 05/26/2023
Contact now

Summary

CALIFORNIA
Asset Type:Land
Price Per Square Foot:$3,750
Total Square Footage:3,000 SF
Transaction Type:Sale

Actor John Wayne's former ranch in Southern California, known as Rancho Pavoreal, has been sold for $11.25 million. The 2,000-acre property, located in Sage, boasts a three-bedroom home, horse trails, a barn, a three-car garage, and three wells, making it an ideal location for equestrian use or a cattle ranch.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $11,250,000
  • Address: 43000 Stanley Road, Hemet
  • Market: Hemet
  • Acres: 2,000

The sale of Rancho Pavoreal was facilitated by Tatiana Novick from Coldwell Banker Realty. The deal includes a three-bedroom home, horse trails, a barn, a three-car garage, and three wells. The property's size of 2,000 acres makes it suitable for equestrian use or a cattle ranch.

Players

Tatiana Novick
1 deal$11.3M volume(858) 888-5272
BROKER

Details

SOLD
IMAGE: Tatiana Novick & John Wayne DATE: 05/26/2023 ADDRESS: 43000 Stanley Road MARKET: Hemet ASSET TYPE: Land ~ ACRES: 2,000 BROKER: Tatiana Novick (@SanDiego_Realtor_TatianaNovick) - Coldwell Banker Realty (@ColdwellBanker) SALE PRICE: $11,250,000 SF: 3,000 ~ PPSF: $3,750 NOTE: Actor John Wayne's former ranch in Southern California, known as Rancho Pavoreal, has been sold for $11.25 million. The 2,000-acre property, located in Sage, boasts a three-bedroom home, horse trails, a barn, a three-car garage, and three wells, making it an ideal location for equestrian use or a cattle ranch.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$600,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$39,968.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,330.74
Annual Debt Service$639,968.87