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Chapter 76: Dry Lake Valley Ranch

Delai Lake Valley, Chen Mo and the others passed here a few days ago...

In the middle of the hills on both sides is a plain, very flat land, with lush pastures growing there.

This is a seasonal phenomenon. There is little rain in Northern California in the summer. Only in autumn and winter will there be good rainfall...

There is no lake or river in the Terai Lake Valley, only a valley.

If a few two- to three-acre ponds can be considered lakes, then forget it.

Bai Xiaoou's college classmate Jerry introduced Chen Mo to the Dalei Lake Valley. The land on both sides of Highway 25 belonged to their company, as well as the hills to the west.

The hills are covered with grass, and occasionally a few tall oak trees serve as the scenery.

After years of cultivation, the plain land has been spread out very evenly. In the distance are the undulating hills that are getting farther and higher...

The forests have long been cleared, and these hills can be used as pastures, vineyards, orchards, etc.

This is a high mountain in the Coast Mountains, with an altitude of only four to five hundred meters. It is not a particularly high altitude, and it is not particularly cold even in November.

There is sunshine today and the temperature is good. The air is not dry and the sun is very comfortable on the body. It is the environment that Chen Mo likes.

The Drai Lake Valley is very long. Garrison Investment Company owns 2,470 acres of land in the valley, which is all land that has been cultivated into fields, and has several years of farming records. Downstream of the valley, to the west, is a valley basin. Chen Mo finally saw the river here.

, a small reservoir... The area of ​​flat land is 1750 acres.

The rest are hills, most of which are not steep. The hills are covered with lush grassland, which is very suitable for grazing. The total area is 26,900 acres.

Very big...

Even though I have owned a snow mountain ranch before, I still feel that this place is huge.

There is a white modern-style villa next to a small reservoir. There is a swimming pool of more than 100 square meters in the front yard. Entering the villa, you first pass through a walnut orchard and a large farm field, and then you see the vineyard. Turn right and you will arrive at the villa.

The building area of ​​this villa is probably six to seven hundred square meters. If you include the front yard, the tennis court and basketball court on the left, the stable facilities on the right, the racecourse, the grassland, and the lawn from the backyard to the reservoir... the villa occupies an area of

The land area is probably twenty or thirty acres.

The entire area is the most interesting place here, especially the second floor of the villa. Even Chen Mo was shocked when he saw the undulating mountains opposite the reservoir.

Although there are no endless grasslands or majestic and steep snow-capped mountains here, there are rolling hills and majestic mountains, especially the distinct color levels between the hills, which are simply natural works of art.

"Mr. Chen Mo, you are quite satisfied with Delai Lake Valley Ranch." Jerry said with a smile, walked to the corner and uncovered the white cloth on the table, revealing an exquisite ranch sand table: "This is all of Delai Lake Valley Ranch.

There is no sand table, so if you want to see the entire ranch, you can only take a helicopter.”

There are many smaller valleys and basins between the rolling hills of the Delai Lake Valley Ranch. At the same time, the traffic map of the entire ranch is displayed on the sand table... According to their original plan, it should be divided into more than a dozen pieces, or even

Dozens of pieces of land can be planted with grape vines or other fruit trees, or planned to become exquisite pastures...Building a villa on a piece of land is a good property.

As mentioned above, there are many similar farms, ranches, plantations, and small wineries in the Coast Mountains.

Especially when it comes to Paso Robles and Santa Barbara County, these country villas are used by wealthy people for vacation, and they are usually taken care of by one or two workers...

The customer base of Drei Lake Valley is also the wealthy in the San Francisco Bay Area. It is only more than 100 kilometers away from San Jose and the transportation is relatively convenient.

"Not bad." Chen Mo rubbed the tip of his nose: "I want to know how many water rights we have here. In addition to the reservoir outside, a few seasonal streams, and how many wells can be drilled in the pasture."

"19 mouthfuls." Jerry smiled coquettishly. He was very reluctant to answer this question.

19 wells means that only 19 properties can be developed on such a large area of ​​land. The market capacity of large-scale resort ranches is very limited, and a large amount of money is required. If it can be resold at once, why not

for.

Their company also has many large projects in Santa Barbara County and San Francisco's Half Moon Bay, so it would be great if they could get their funds back quickly.

"Can I build my own open-air pond?" Chen Mo asked.

"Okay...if you plan to build a large ranch, there will be no problem at all."

Chen Mo liked the scenery here and it felt pretty good. Then he took out his mobile phone to locate this place and clicked on Google Maps to have a look...

The westernmost part of the ranch is only six or seven kilometers from the Salix Valley Plain. The Salix Valley Plain is the valley plain southeast of Monterey Bay. There are many dirt roads that can go directly there...

"How much?"

"350 million." Jerry smiled.

"You go and grab it. Bye... I won't give it away." Chen Mo lost interest in an instant.

There is no sincerity in this offer at all.

Chen Mo might as well buy Duluke Manor directly. The mansion there is larger, the facilities are more complete, and it has more water rights and some logging rights in the manor.

The Duluke Manor has 4,935 acres, and the asking price is 135 million. Chen Mo plans to wait for a while and take the initiative to lower the price. If nothing happens, he should be able to get it within 100 million US dollars. The area of ​​that piece of land is not as large as this one, but at least his location is good.

, the potential for appreciation is greater in famous wine-producing areas.

Chen Mo was uneasy about playing the trick, so he turned around and left...

Jerry looked at Bai Xiaoou with a sly smile, and Bai Xiaoou made a helpless expression... Jerry quickly caught up: "350 million is the estimated selling price. I wonder how much Mr. Chen Mo is willing to pay?"

"I am a person who does things easily. The price is 150 million." Chen Mo blinked... It seems that the price is too low.

"If you really plan to buy it, I will try to find the most suitable price for you after I return to the company. But 150 million is too low and it is impossible to make a deal."

Chen Mo looked at Bai Xiaoou...

Bai Xiaoou shrugged helplessly.

He didn't know much about land prices here and couldn't give an accurate price.

The selling point of the Dry Lake Valley is the scenery, a whole piece of land. Such a large area of ​​land is very rare in the entire California. Especially in the Coast Mountains in central and southern California...

For example, the Bright family's Valley Ranch has an area of ​​11,000 acres and a listing price of US$140 million.

The area of ​​the Delai Lake Valley Pasture is more than twice that of the Valley Pasture. Although most of it is hills, this size is placed here.

Jerry gave Chen Mo a formal offer the next day, 290 million.

Chen Mo paid back 200 million...

On the third day, Jerry replied again with 280 million...

On the fourth day...Duluke Manor and Valley Ranch collectively jumped on the land transaction website, with quotations of 100 million and 130 million respectively.

Chen Mo did not reply to Jerry again. Two days later, Jerry again quoted 250 million...

Chen Mo is busy dealing with the stocks in his hands. The U.S. stock market has been skyrocketing recently, and it looks like a bull market is coming. Chen Mo is not greedy. He will sell quickly as long as he does not lose money...

Chen Mo held the stock worth 155 million U.S. dollars for a short period of time. After deducting stamp taxes and other factors, he got 158.2 million U.S. dollars, making a small profit of 3.2 million.

The quotation is 250 million, even if the price can be reduced, the reduction will not be too large...

Chen Mo increased the price several times... Garrison Investment Company finally relented, 248.5 million, no less. After confirming that the costs incurred during the transaction would be shared equally by both parties, and other matters, Chen Mo contacted the lawyer and happily bought it.

Get off this ranch.


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