Hall and Hall listing—Oak Ridge Ranch in Carmel Valley—sells
Posted by Adam on Feb 4, 2011 in News, Recreational Real Estate | Comments Off on Hall and Hall listing—Oak Ridge Ranch in Carmel Valley—sellsA Carmel Valley ranch in California called Oak Ridge Ranch, which was listed by Hall and Hall, recently sold for $14.7 million, according to The Wall Street Journal.
The Wall Street Journal reports:
The seller was Jim Kirk, founder of rental-equipment company NationsRent, who purchased the property in the early 1980’s for about $10 million. The buyer was Sue Ann Hamm, the wife of Harold Hamm, the chief executive officer of Oklahoma-based oil and natural gas company Continental Resources.
The roughly 6,400-acre cattle ranch is one of the few large ranches in the area and is home to wildlife including deer, turkey and quail. It has a four-bedroom main house, guest house and caretaker’s house.
Bill McDavid and David Johnson of Hall and Hall handled the transaction.
Hall and Hall is a ranch real estate company that emphasizes land stewardship. Hall and Hall brokers work as a team to provide clients from around the world with services such as real estate marketing, resource management, loan underwriting and real estate appraisals. For more information, visit http://hallhall.com/.