Price of Northern California ranch, almost the size of San Francisco, Now Reduced by $6 Million
A Northern California ranch owned by the descendants of late stock market titan Dean Witter has had its price reduced by almost 20 percent, from $31 million to $25 million. "My comment about why it hasn't sold is really only that we have not exceeded the average marketing time for a property such as this," says listing agent Bill McDavid of Hall and Hall. "In other words, I don't find it unusual that it hasn't sold at this point. It was first listed in mid-May of last year."
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