16401 Hwy Manchester, CA 95459
The historic Biaggi Ranch, spanning 1,382.5 acres in Mendocino County, California, presents a rare investment opportunity. Situated between Manchester and Elk, this diverse property boasts rolling grasslands, towering redwood forests, lush meadows, and spring-fed draws. Elevations range from near sea level to over 1,600 feet, offering expansive coastal views. Historically used for sheep, dairy, and beef cattle (currently supporting 80-100 cows), the ranch also features an estimated 18 million board feet of timber (Redwood and Douglas Fir), with a current Non-Timber Management Plan (NTMP) in place. This resource offers potential for sustainable harvesting, carbon credit banking, or conservation easements. A well-maintained road and trail system provides access throughout the property, suitable for recreational uses such as equestrian and ATV riding. The ranch's abundant wildlife includes blacktail deer, wild turkey, quail, bear, and wild hog, making it ideal for hunting or as a wildlife preserve. Two existing homes (1200 sq ft and 800 sq ft), built in the early 1900s, and two functional barns provide existing structures. A reliable spring water system supplies the homes. The property is fenced and cross-fenced in sections. Located approximately 2.5-3 hours from the San Francisco Bay Area, with the nearest airport in Little River (24 miles) and Sonoma County Airport (2 hours) offering commercial flights. The asking price is $10,900,000. The property consists of ten legal parcels.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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