35294 Ruth Hill Road, Squaw Valley, California 93675, Squaw Valley, 93675 - 3 bed, 1 bath

35294 Ruth Hill Road, Squaw Valley, California 93675 home-pic-0
ACTIVE$2,700,000
35294 Ruth Hill Road, Squaw Valley, California 93675
3Beds
1Bath
1,433Sqft
39,334,680Lot
Year Built
1930
Close
-
List price
$2.7M
Original List price
$3M
Price/Sqft
$1,884
HOA
-
Days on market
-
Sold On
-
MLS number
DW24230705
Home ConditionTear down
Features
Good View: Hills
ViewHills

About this home

We found 3 Cons,6 Pros. Rank: price - $2.70M(90th), sqft - 1433(30th), beds - 3(50th), baths - 1(20th).

Oak Ridge Ranch (ORR)– A truly unique property with an abundance of possibilities. Situated within the renowned Squaw Valley-Miramonte AVA (American Viticulture Area designation for being a unique grape growing region), the property offers prime conditions for both cattle ranching and potential grape growing. It encompasses 903 acres of versatile land, with nearly 400 acres of flat terrain ideal for agricultural use. The property benefits from abundant water resources, including a 5-acre reservoir, two active water wells (one producing 55 gallons at 65 feet), and an artesian well just 3 feet deep. In addition, a seasonal creek and two smaller ponds provide year-round water, ensuring reliable access. The ranch is located at an elevation that typically keeps it above the valley fog that often blankets the San Joaquin Valley, providing a more favorable climate for both agriculture and livestock management. ORR also features a dirt airstrip surfaced with decomposed granite (D.G.), offering potential for small aircraft use. It could be used with the approval of a conditional use permit from the county, providing convenient access to the property. For over 30 years, the ranch has been a working cattle operation, with the entire perimeter fully fenced. It is currently leased to a tenant who runs several hundred head of cattle, and the lease remains in place until Sept. 2025, after which it transitions to a month-to-month agreement. ORR offers excellent hunting opportunities with abundant wildlife, including wild turkey, deer, pigs, doves, and quail. The historic charm of the ranch is further enhanced by a classic wooden barn and a couple of other outbuildings, providing utility and character. However, the old ranch house and pump house are in disrepair and of limited value. Finally, the entire ranch is enrolled in the Williamson Act, which significantly reduces property taxes by preserving its agricultural, cattle and open space use. This offers substantial savings and makes the property even more attractive for agricultural development. This does not restrict the building of a home. ORR is an exceptional opportunity for those seeking a versatile property with a strong agricultural foundation, abundant water resources, and a rich history of cattle ranching. Whether you’re looking to continue its legacy, develop the land further, or simply enjoy its natural beauty, this property offers immense potential with low taxes and abundant possibilities.

Price History

Date
Event
Price
10/19/25
Price Change
$2,700,000
11/08/24
Listing
$3,000,000
Condition Rating
Tear down

The property was built in 1930, and the listing explicitly states that 'the old ranch house and pump house are in disrepair and of limited value.' The property analysis further notes 'Dilapidated Residential Structures' and 'Age of Property & Infrastructure,' indicating a 'significant investment would be required for any residential use or renovation.' The single exterior image of the house shows a very old, neglected structure consistent with this description. There are no interior photos, which, combined with the explicit statements, strongly suggests the kitchen, bathrooms, and all other interior components are in an unlivable or beyond-repair state, making the structure's value negligible and its practical use as a residence requiring demolition or a complete rebuild.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39334680, living area = 1433.
Vast Agricultural Land & AVA Designation: Encompasses 903 acres with nearly 400 acres of flat terrain, ideal for diverse agricultural ventures, including potential grape growing within the recognized Squaw Valley-Miramonte AVA.
Abundant and Diverse Water Resources: Features a 5-acre reservoir, two active wells (one producing 55 GPM), an artesian well, a seasonal creek, and two smaller ponds, ensuring reliable and ample water supply.
Significant Tax Savings: Enrolled in the Williamson Act, which substantially reduces property taxes by preserving its agricultural and open space use, offering considerable financial benefits.
Income-Generating Cattle Operation: Currently a working cattle ranch with an existing lease until September 2025 (then month-to-month), providing immediate income and a proven agricultural use.
Versatile Development Potential & Unique Amenities: Includes a dirt airstrip for potential private air access (with conditional use permit), excellent hunting opportunities, and a favorable climate above the valley fog.

Cons

Dilapidated Residential Structures: The old ranch house and pump house are in disrepair and of limited value, indicating a significant investment would be required for any residential use or renovation.
Existing Lease Agreement: The current cattle lease extends until September 2025, which may limit immediate full control or alternative development plans for a new owner.
Age of Property & Infrastructure: Built in 1930, the property's age suggests potential for outdated infrastructure and systems, which may require substantial upgrades or modernization.

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