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Santa Barbara ranch with 1920s home and abalone farm seeks $39.5 million

Rancho Dos Pueblos | Hot Property
(Berkshire Hathaway HomeServices California Properties)

What does $39.5 million buy in Santa Barbara? In the oceanfront community of Gaviota, that amount is good for plenty of space, plenty of homes and plenty of — snails? Yep.

Rancho Dos Pueblos, a 214-acre ranch, is on the market for $39.5 million, down $9 million from its original price tag. In addition to a quarter-mile of private beach, a 1920s Spanish-style home, nine guest residences and 50 acres of agriculture, the compound is home to one of four abalone farms in California.

Abalones are a type of sea snail, and the on-site Cultured Abalone Farm raises them from hatchery to market-size using seaweed and water from the Santa Barbara Channel. In addition, the ranch cultivates avocados and cherimoyas.

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With no public access to the ranch or its beach, the only entrance is a private, gated road, which winds past a freshwater pond to the main house. Inside, there are five bedrooms and seven bathrooms across 5,000 square feet.

The living room holds a fireplace with a stone surround under coffered ceilings. Wood-paneled walls touch up the dining room and billiards room, and the kitchen is anchored by a center-island.

Out back, a brick patio wraps around a swimming pool. A series of barns and operational facilities fill out the rest of the grounds.

Kerry Mormann of Berkshire Hathaway HomeServices California Properties holds the listing.

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jack.flemming@latimes.com | Twitter: @jflem94


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