Sprawling California Ranch With Helipad and 10,000-Bottle Wine Cellar Asks $24.5 Million

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Sprawling California Ranch With Helipad and 10,000-Bottle Wine Cellar Asks $24.5 Million

A sprawling Spanish-Colonial-inspired ranch in the Santa Ynez Valley in California, just north of Santa Barbara, returned to the market on Monday. Now with a $24.5 million price tag, the equestrian estate, dubbed Rancho Latigo, had asked as much as $45 million in the past.

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