3,600-acre ranch in Ojai, CA, has resurfaced on the market-with an astonishing 50% price reduction. But even with the discount, it’s still the week’s most expensive home on Realtor.com®. According to The Real Deal, the sprawling property with numerous structures is owned by Richard Gilleland, a medical equipment manufacturing executive. When it initially landed on the market in 2021 with a $100 million price tag, it was America’s largest and priciest listing. Now available for “only” $50 million, this house is an example of aspirational pricing coming back down to earth.
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