Juwan Li: Aaron Kirman Group
Former Goldman Sachs partner Fred Steck has re-listed his massive 4,700-acre cowboy ranch in the hills of California’s Santa Ynez valley for $24.5 million. If you think that price tag is a big ask, it is actually nearly 50% ($20.5 million) less than what he was originally asking for.
The ranch seems like it is taken from a horse-lover’s dream. The ranch includes a 10,000 square foot, 11 stall barn, a 23,000-square-foot riding arena, seven acres of paddocks, and eight miles of horse trails.
If you get tired after a long day of horseriding, you can relax in the 14,000 square foot, 6 bedroom main house, which comes with its 10,000-bottle wine cellar, movie theater, and swimming pool.
If you are planning on hosting a gathering at your new home, guests are able to arrive via the ranch’s helipad and stay in a spacious three-bedroom cottage located near the stable.
Horse Stable on Property
Steck, who was with Goldman Sachs for 25 years before retiring in 2008, bought the ranch for a reported $10 million in 1999. “When I was five years old, I wanted to be a cowboy. I could never quite get over that,” he told Architectural Digest for a 2009 feature on the property.