
Granite Bay, CA 95746
Discover the exceptional opportunity to own an expansive 240+/- acre ranch in Granite Bay. A property rich in history, natural beauty, and endless potential. Purchased from the family that originally settled the land during the Gold Rush, this predominantly undeveloped ranch offers a rare opportunity for a private retreat, a golf course, a residential development, a vineyard, an orchard, or a variety of agricultural pursuits. The property currently supports nearly 300 head of cattle and features a large, year-round pond, nurseries, and an impressive collection of existing improvements. The 3,050+/- sq. ft. main residence includes a swimming pool and tennis court, complemented by a mobile home, an approximately 8,000 sq. ft. shop, an additional 3,500 sq. ft. shop, and a cell tower. Zoned for both residential and agricultural uses, the property offers potential subdivision opportunities with a minimum parcel size of 4.6 acres, subject to applicable approvals. A truly unique offering combining historic significance, substantial acreage, existing infrastructure, and exceptional possibilities for future development or agricultural investment.
Property is extensive renovation needed.
Built in 1958, the main residence is 66 years old and shows significant dating, including acoustic tile ceilings and older sliding windows. While the interior has had minor flooring updates, the systems and overall aesthetic require a full rehab to meet modern standards, especially given the property's $21M valuation as a land development opportunity.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454400, living area = 3063.
The massive 240-acre expanse is zoned for both residential and agricultural use, offering a rare opportunity for subdivision into 4.6-acre parcels in the prestigious Granite Bay market.
The property is well-equipped for immediate use with two large shops totaling over 11,500 sq. ft., a cell tower providing passive income, and facilities currently supporting 300 head of cattle.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10454400, other record lot size in square feet = 10410840.
The $21 million price point combined with the capital required for large-scale development or subdivision approvals necessitates a sophisticated investor with significant liquidity.
The main residence was built in 1958 and, while functional, likely requires a complete modern overhaul or replacement to meet the luxury expectations of a property of this caliber.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.5 |
| Square foot | 3,063 | 2,898.967 |
| Lot Size | 10,454,400 | 23,883.984 |
| Price | $21.00M | $1.26M |
| Price per sq ft | $6.9K | $446 |
| Built year | 1958 | 1990 |
| HOA | $0 | $252 |
| Days on market | 3 | 61 |
Oct 21, 2026
$21,000,000
Initial Listing
May 21, 2018
$7,789,000
Public Record