This column is part of a regular weekly series highlighting the largest land sales recorded each week through the Lands of America Comparable Sales program. To learn more and participate in the program, or to subscribe, click here.
Congratulations to Pete Nevin with Far West R&C Sales Management Company for his sale this week of 10,700-acre Flying M Ranch in Mono County, California. The $3.25-million sale was recorded on June 6, 2018, through the Lands of America Comparable Sales program.
Owned for the past 50 years by billionaire businessman Barron Hilton, this historic ranch property offers scenic high-mountain summer pasture combined with high-desert winter grazing range near Mono Lake.
The property consists of 10,000 non-contiguous deeded acres interspersed in BLM grazing permits. Spread across a number of parcels of different acreages, the ranch’s various units range in elevation from around 7,000 feet to 9,500 feet. Most of these parcels are in use for cattle grazing and herd management. One tract features an off-grid cabin set in a beautiful aspen-framed meadow, which has been used as a summer cowboy camp for over 70 years.
Flying M Ranch’s Bodie Hills grazing permit surrounds the ghost town of Bodie, epicenter of California’s 19th-century California Gold Rush. Framed by the Eastern Sierras and Yosemite National Park, Mono County is a mix of outdoor-adventure hot spots like Mammoth Mountain and long-established high-altitude ranching and farming operations like Flying M.
Land buyers can access Lands of America’s comprehensive database of historic sales information by purchasing a LandsInsight account ($199/year), while platinum and basic sellers receive complimentary access through the Land.com Network’s Property Control Center. Click here for more information about participating in the Comparable Sales program.