For more than 150 years, California has called out to Americans as a golden and glittering beacon of hope; it promises opportunity and happiness. If you’re drawn to the far West, it’s not hard to see why — from ranches, to bustling metropolitan areas, California offers from diverse and stunning landscapes, virtually endless recreation, and varied culture.
Still, you may find yourself struggling to figure out where exactly the best place to live in California is. Given the sky-high prices of many markets in California, it can be tough to decide where to purchase your ranch, so we’ll delve into some of the areas that are both appealing and affordable, and even point you toward some of the most exciting properties that are currently available.
Top California Ranch Markets
Like many Western states, California is massive in terms of land size. This means there are plenty of different regions to choose from when selecting where you want to buy your ranch, and these are some of the most appealing areas:
- Palmdale — Located in Los Angeles County, Palmdale has experienced a major population boom over the course of the last 20 years. This means that if you purchase a ranch here now, you’re bound to own a very valuable piece of land in another decade or so.
- Nevada City — This Northern California gem is nestled at the foot of the Sierra Nevada’s, meaning that there are plenty of trees, hills, and water sources on ranches in the area. If you want the beauty of California combined with rural charm, then this area is a great choice.
- Carmel Valley — If you’re willing to pay a little more for some of the most idyllic views in the world, Carmel Valley in Monterey County is absolutely unbeatable. Lush greenery, rolling hills, wildflowers, and creeks are all plentiful on land in this region.
5 Things to Consider Before Buying
Purchasing a ranch in California is a major commitment, so before you close on your property, be sure that you’ve assessed your decision from every possible standpoint.
1 – Assess What You Want to Do with Your Property
The word “ranch” means different things to different people, and that’s okay. You must decide precisely what you want your ideal ranch to look like, then you have to figure out how to go about finding a property that meets that vision.
2 – Decide Whether You Will Need to Hire Help
If you plan on turning your ranch into a lucrative business rather than a retreat, there’s a chance you’ll need some employees to get it up and running.
3 – Set Your Budget Early
It takes money to maintain a ranch; don’t overextend yourself on the purchase so you’re left with nothing for upkeep.
4 – Find Out About Mineral Rights
Understand that it’s common for someone else to own the mineral rights to your land, but this means that they may begin drilling on your property at some point in the future.
5 – Think About Conservation Easements
If you don’t plan on developing your land, then a conservation easement can be one way to earn some additional money from your property.
Best Ranches Available in California
With land being so plentiful in California, you’ll have plenty of ranches to choose from as you begin to browse offerings, but these are some of the best properties that are currently available on Land Broker MLS:
Getting A Loan for A Ranch
Depending on the specific California ranch, it’s likely that you will need to acquire a land loan rather than a mortgage in order to purchase your ranch. It can feel daunting to try and grasp the ins and outs of land loans, but the good news is that an experienced realtor will be able to help guide you through the financing process so you’re not attempting to tackle the details all on your own.
Why Use A Realtor to Purchase?
As more and more people flock to the West and attempt to lay claim to their own piece of land, those who currently own property obviously want to get the best possible price. Unfortunately, this means that if you don’t understand the market, you could end up overpaying significantly.
A realtor ensures that you make a sound investment in a ranch that truly fits your needs, so you aren’t left with buyer’s remorse a few months down the road.
With so many incredible areas to choose from, it’s hard to know where the best place to put down roots in California really is. The help of an experienced industry partner will make this journey far simpler, so you’ll be able to feel confident that you’ve chosen a ranch that will bring you happiness for many years to come. To find the California ranch of your dreams, browse available properties on Land Broker MLS, or contact a broker today.