Nevada ranch up for sale for cool $100M

Spanning greater than half the scale of Summerlin, a sprawling ranch property in Northern Nevada has hit the marketplace for $100 million.

Bently Ranch, which grows wheat, rye, barley, hops, oats and alfalfa, was just lately listed on the market. It measures practically 12,400 acres and is break up amongst a number of stretches of land, with some parts over the state line in California.

The property options 10 houses in addition to bunkhouses, outlets, barns, a feedlot and one of many largest composting websites in Nevada, itemizing supplies present.

It additionally has ample water, boasting greater than 6,000 acres of irrigated land.

All instructed, that is possible the highest-priced ranch to go up on the market in Nevada in latest occasions, mentioned itemizing agent Todd Renfrew of Out of doors Properties of Nevada.

The ranch’s cattle, vehicles, and agricultural gear aren’t included within the sale and are provided individually, Renfrew mentioned.

He famous the ranch’s asking value limits the pool of potential consumers, however mentioned he has gotten “lots of curiosity already.” He pointed to the ranch’s proximity to Lake Tahoe, its water rights and its farmland.

“It’s a fairly property,” Renfrew mentioned.

It’s additionally an enormous piece of actual property. By comparability, Las Vegas’ Summerlin neighborhood, residence to greater than 100,000 individuals, spans 22,500 acres.

The ranch’s vendor, the Bently household, has been looking for consumers for different holdings too, Renfrew mentioned. These holdings embrace Bently Heritage Property Distillery, a enterprise in Minden that used the ranch’s grains to make booze, and an 11,000-square-foot compound alongside Lake Tahoe known as “Wovoka” and priced at $55 million.

The ranch and distillery are a part of Minden-based Bently Enterprises, led by CEO Christopher Bently.

Bently Enterprises introduced final month that it was promoting the remaining 43,000 acres of its 60,000-plus-acre holdings. Greater than half of its remaining actual property is in Douglas County, the place the corporate is the biggest personal landowner, the information launch said.

The Bentlys purchased a mansion in Scotland with hundreds of acres and have moved there, however in addition they plan to spend time in San Francisco, The Wall Avenue Journal reported final month.

The Bentlys’ Lake Tahoe property, in the meantime, sits on 4.85 acres alongside the Nevada aspect of the water. The property contains a sandy seaside, roughly 370 ft of lake frontage, a stone boathouse with two lifts, a personal pier, and an infinity-edge pool and spa, itemizing supplies present.

Itemizing dealer Clif Chase, of Chase Worldwide, instructed the Overview-Journal that the compound options a number of constructions and virtually each lake amenity “identified to man.”

It was formally listed about two weeks in the past, and whereas houses priced that top hardly ever promote quick, Chase mentioned, he has recevied “higher than common” curiosity within the property.

The asking value is vastly increased than the costliest residence at the moment available on the market within the Las Vegas Valley, which, as seen on Zillow, is a Henderson mansion priced at $32.5 million.

That residence, which went up on the market final summer season, spans 14,207 sq. ft.

In accordance with itemizing supplies, it boasts a glass elevator, basketball court docket, recreation room, 13-seat movie show, and safety system with 32 cameras and biometric scan entries.

Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Comply with @eli_segall on Twitter.