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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This place screams money laundering


Meanwhile generational locals are sleeping in their minivans, trying to scrounge up their money from their minimum wage sea shanty job just to buy groceries.


Stop. You’re gonna make me cry.


Poor generational residents have earned their standing by passing up the $15 down, $15 per month lot sales which moved up to $20 down, $20 per month opportunity. Some of these lots did get water and have become very valuable since I moved here in 1971. Poor locals are due to poor choices, too bad, so sad for the sluggards. A little crass but I’m tired of lazy winers.


So in your world anyone who is needed in the services industry, like food service workers, house cleaners, janitors, and everyone else should have to hold down multiple jobs just to be able to afford to live? What is wrong with you? You think everyone making minimum wage is just lazy and made bad decisions? But I suppose I shouldn’t expect an intelligent response from anyone that cannot correctly spell “whiners”. How many items of clothing do you have that say “MAGA” on it? Just curious.


I know the question wasn’t directed at me, but I don’t have any MAGA gear. What I do have is a badass red Trump punisher hat from 6 years ago.


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


Cambria has no water – good luck


This is an existing developed property it has water ?


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.


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!


Or Hearst Castle?