Apple Co-Founder Mike Markkula To Sell 14,100-Acre Carmel Valley Ranch for Nature Preserve
The Wildlands Conservancy announced it is buying a sprawling 14,100-acre ranch in Carmel Valley from billionaire Apple co-founder Mike Markkula for...
June 20, 2023
1:10 AM
The Wildlands Conservancy announced it is buying a sprawling 14,100-acre ranch in Carmel Valley from billionaire Apple co-founder Mike Markkula for $35 million. Markkula, also a major benefactor of the Markkula Center for Applied Ethics at Santa Clara University, originally listed the ranch property, known as the Rana Creek Ranch, for nearly $60 million in 2013, then re-listed it for $37.5 million in 2020, according to Mansion Global, a real estate newsletter. Markkula owns homes in Woodside and Hawaii.
Barry Holtzclaw