Rancho Pavoreal, a 2,000-acre Southern California ranch once owned by John Wayne, recently went under contract. The property was listed for $12 million ($6,000 an acre) by Tatiana Novick of Coldwell Banker Realty.
Frequent market activity
Established in 1950, the ranch sits in the community of Sage, close to California’s Temecula Wine Country. John Wayne lived on the property in the 1970s. Since then, it has had several owners and has been listed for sale multiple times.
As reported by The Land Report, the property was listed at a price of $8 million in 2019. But the ranch’s public sales records, as shared on its market listing, suggest it sold in May 2019 for just $510,000.
Realtor.com reports that the ranch was again listed for $8 million in 2020. The asking price rose to $10 million in 2021 before the listing was pulled from the market for nearly two years.
Rancho Pavoreal was most recently listed in late March 2023 at its current asking price of $12 million. By late April, its listing status had changed to “under contract.”
The ranch includes a 3,000-square foot ranch house and a barn, plus three wells, extensive horse trails, and cross-fencing for either horses or cattle.
According to the listing details, the property could function well as either a cattle ranch or an equestrian center. Offering panoramic views of the surrounding valley and Palomar Mountain, the land might also be desirable for investors hoping to establish a shooting range or a private retreat.
“This is a once-in-a-lifetime opportunity to get your hands on the former ranch of the iconic western film star John Wayne,” Novick told Realtor.com. “As an action hero to many, John Wayne’s presence still lives on in Rancho Pavoreal’s very masculine and western aesthetic.”