Early Apple employee Mike Markkula is selling his California ranch for $45 million
Aug 12, 2016, 19:22 IST
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Dubbed "Rana Creek Ranch," the property spans 14,000 acres in Carmel Valley, about 85 miles south of Silicon Valley. In addition to a 5,413-square-foot main house, there's a private landing strip, lake, riding arena, and two barns.
Markkula and his wife, Linda, bought the home and surrounding acres for $8 million in 1982. "We've enjoyed it. We've loved it but it's time to move on," he told The Journal.