There could be a new record breaker in Santa Barbara's future. About an hour and a half from Los Angeles lies these two estates sitting on a combined 3,500 acres of land now on the market asking $110 million. Owned by Mansour Ojjeh, shareholder and part owner of TAG whose largest asset is the McLaren Formula One team, this coastal El Rancho Tajiguas comes with a working cattle farm and two orchards, one that grows avocados and the other persimmons. Very few homes in the area have ever asked this high a price, much less sold for that much so if this garners its $110 million ask it would be a price topper for the area.
More from FORBES HERE