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Massive estate in rural Cambria sells after 15 years on the market

January 3, 2025

By KAREN VELIE

After 15 years on the market, a massive estate in rural Cambria sold for $17,225,000 last week.

The San Luis Obispo County estate includes a Venetian-style 12,000 square-foot mansion, two guest homes, a caretakers cottage, helipad, vineyards, corrals, stables, and a 12,700-square-foot pavilion used to showcase luxury cars. Also included in the property is a separate 4,200-square-foot entertainment hall with full bar.

The 78.5-are property was first offered for sale in 2010 for $58 million. In 2019, the price jumped to $60 million, according to Mansion Global.

By 2021, the price had dropped to $40 million, then $28 million before it was purchased for $17.225 last week.

David Crabtree of Home & Ranch Sotheby’s International Realty represented the buyer who plans to make the property a generational compound.

 


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Oh joy!!!!! Our very own oligarch!


5

Cambria has no water – good luck


2

This is an existing developed property it has water ?


1

My job takes me to many of these types of “homes”… Some of the most depressing, coldest, most uninviting places I’ve ever been. Money truly is the root of all evil. Gross.


12

I hear you! It’s seems there is a inversion at play in these places too: The richer they are , the worse their taste and sense of style is! Countless properties on the central coast look like sets for “Game of thrones” – as the pictures in this article attest. They must all be spending too much time in Italy or Mad Ludwig’s castle!


6

Or Hearst Castle?


2