Wall Street Journal reports price reduction on Carmel Valley ranch

The asking price of Jim Kirk’s Carmel Valley ranch in California has been reduced to $21.5 million, according to The Wall Street Journal. Oak Ridge Ranch had previously been listed at $33 million. Kirk is the founder of NationsRent, a rental equipment company that sold in 2006. Kirk bought the 6,500-acre Carmel Valley cattle ranch in the 1980s for about $10 million. Located 27 miles east...
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