Broker of the Week: Kerry Mormann & Associates

Las Varas Ranch, Santa Barbara, California

This column is part of a regular weekly series highlighting the biggest land sales recorded each week through the Lands of America Comparable Sales program. To learn more and participate in the program, click here.


Congratulations to Kerry Mormann & Associates for completing the sale of Santa Barbara’s 1,800-acre Las Varas Ranch. This stunning Pacific Coast landscape was listed as sold for $70 million on February 1 via the Lands of America Comparable Sales program.

View property listing on Lands of America

Las Varas Ranch, Santa Barbara, California

Stretching across rolling ranch land and oak-filled canyons between the Pacific Ocean and Los Padres National Forest, the property includes two miles of oceanfront acreage as well as access to the coveted local surf break at Edwards Point.

It was reported in December 2018 that Charles Munger, a Montecito billionaire and vice chairman of Berkshire Hathaway Inc., was planning to donate the property to UC Santa Barbara.

Las Varas Ranch, Santa Barbara, California

“This is a great visionary gift to our campus from philanthropist Charles T. Munger, who is interested in the long-term benefit it can provide to UC Santa Barbara,” UCSB Chancellor Henry T. Yang 
said in a statement at the time. “We are immensely fortunate to have been entrusted with this coastal jewel.”

According to reports, the university will maintain the ranch as working agricultural property for the foreseeable future.

Las Varas Ranch, Santa Barbara, California

View Kerry Mormann & Associates’ other land listings for sale on Lands of America


Top 10 largest and most expensive land sales for this week:

Caption

The Lands of America Comparable Sales program is available to participating platinum and basic sellers through the Land.com Network’s Property Control Center. Click here for more information about participating in the Comparable Sales program.

Tags:

  • Lands of America specializes in land for sale, which includes farms, ranches, mountain property, lake houses, river homes, beachfront homes, country homes and residential homes in smaller towns across the country. These properties have many diverse uses including recreational and agricultural activities like hunting, fishing, camping, backpacking, horseback riding, four wheeling, grazing cattle, gardening, vineyards, cropland and raising horses and other livestock.

  • Show Comments

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

You May Also Like

Johnny Cavazos Sells Pristine High Top Ranch in Frio County

Congratulations to Johnny Cavazos with The Texas Ranch Company, LLC, for his sale of the 1,330-acre High Top Ranch in Frio County, Texas.

La Gloria Land Company’s Matt Mann Sells Trophy Southeast Texas Ranch

Congratulations to Matt Mann of Sugar Land-based La Gloria Land Company for his sale this week of a 1,558-acre trophy hunting ranch in Lavaca County, Texas.

Terence Hundemer Sells 2,995-acre Sportsman’s Paradise in Northern California

Congratulations to Terence Hundemer of the Nevada City, California-based Chickering Company, Inc. for his sale of 2,995 acres in Northern California's Tehama County. This sale occurred on February 28, 2017, and was submitted through the Lands of America Comparable Sales program.