Redington Ranch
Executive Summary
The Redington Ranch is a 15,000-acre winter range ranch that was purchased in the 1970s to expand the cattle operations of William Hewlett and David Packard, the founders of Hewlett Packard Corporation. The partners recognized that the rolling green hills in the winter months and numerous creeks and ponds provided an excellent location for cattle ranching and a beautiful family retreat.
Over the years, the partners improved the ranch’s natural water assets by drilling 20 wells and adding several large water tanks. They also brought reliable power to the ranch and built a shop/barn.
In 2005, a three-bedroom, two-bath mobile home was located on one of the ranch’s taller hills. With its spectacular view, the home has served various purposes, including a headquarters for ranch operations, accommodations for family and friends, and a ranch manager’s home. A permitted septic system, sized for a 10-bedroom home, along with a filter water system, power, and Internet, provide the infrastructure for the existing home and a more formal and larger home.
The Hewett family planted several orchards to examine the economic viability of almonds and olives. Today, two varieties of olive trees are available, although the trees have not been harvested or managed for several years.
The ranch is currently leased to a cattle operation, which could be continued into the future.
Acreage
The ranch is approximately 15,000+/- acres spanning two counties: 14,200 +/- acres in Mariposa County and 800 +/- acres in Merced County.
We understand that 76 parcels have Certificates of Compliance and over 85 Assessor’s Parcel Numbers.
The parcel numbers and acreage are available on request. The Mariposa County parcels are in the Williamson Act and the 20-year non-renewal Notice was given on February 7, 2006.
Merced County parcels are in the Williamson Act.
Zoning is Agricultural.
Location
The ranch fronts and has two encroachments* off Interstate 140, the main highway from Merced to Yosemite National Park. It is approximately 25 minutes from Highway 99, Merced, UC Merced, and approximately one hour to Yosemite. The small Sierra foothill community of Cathey's Valley is just 15 minutes away and Mariposa is 25 minutes up Highway 140.
The elevations on the ranch ranges from approximately 375 feet to approximately 900 feet above sea level. The Sierra Nevada Mountains can easily be seen from many locations on the property.
*Encroachments are larger road entrances from a highway that are typically timely and expensive to get approved.
Financials
Price
$24 million
Terms
Cash at closing
Taxes
In 2023 a total of $97,838.76 was paid by the ranch for property/unsecured property taxes.
(Please note that the ranch will be reassessed upon sale, and the property taxes will be adjusted.)