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Location: Carmel Valley, Calif.
The Skinny: For billionaires who value majestic natural over man-made trifles, the 14,000-acre Rana Creek Ranch might just be the best place in America to spend a cool $60M. Located in verdant Carmel Valley, Calif., some 15 miles inland from Carmel proper, the ranch may be lacking in Pacific views, but more than makes up for that shortcoming with miles of undulating hillsides, grassy meadows, and picturesque forests, nevermind a land area that's nearly half the size of San Francisco. Nestled in the heart of the property are three residences—one a sprawling, high-ceilinged, four-bedroom affair intended for the owner—plus a 400-head cattle operation, further agricultural facilities, and a private airstrip.
· Rana Creek Ranch [Sotheby's International Realty]