An Apple cofounder is selling his California ranch at a 37% discount. Take a look at the sprawling property that comes with 7 homes, a private airstrip, and a helipad.

Rana Creek Ranch is the largest landholding in California's Carmel Valley, according to Hall and Hall.Hall and Hall

• Apple cofounder Mike Markkula is selling his California ranch for $37.5 million.
• Markkula, Apple's third employee and second CEO, invested $250,000 in the early days of the company, which gave him a one-third stake in Apple.
• His property, Rana Creek Ranch, is a 14,000-acre working cattle ranch with a private lake, riding arena, two barns, and a 2,900-foot landing strip and helipad.
• It's the largest landholding in the Carmel Valley.

A little-known Apple cofounder has put his sprawling 14,000-acre California ranch on the market for $37.5 million.

Mike Markkula was Apple's third employee and its second CEO.

Markkula's property, known as Rana Creek Ranch, is selling at a 37% discount from what he was asking for the property back in 2013. The ranch comes with a one-bedroom, 5,413-square-foot main house with a guest wing, a separate two-bedroom guesthouse, and five other homes, according to ranch brokerage Hall and Hall. The working cattle ranch includes a private lake, riding arena, two barns, and a 2,900-foot landing strip and helipad.

The ranch was previously listed in 2013 for $59.95 million, and then again in 2016 for $45 million. Per Hall and Hall, Rana Creek Ranch is the largest landholding in the Carmel Valley.

Markkula and his wife bought the property for $8 million in 1982. Despite never becoming a household name like Steve Jobs, Markkula was instrumental in Apple's early days, investing $250,000 in the company and serving as its second CEO. He was one of the longest-serving board member in the company's history before he left in 1997.

Bill McDavid of Hall and Hall holds the listing for his ranch.

Take a look at Markkula's sprawling California property.