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The Candy Billionaire Versus the Gas Company

Filed under: Estates

Last October I wrote about Tom Ford's move to pay $84,000 to buy the mineral rights beneath his Galisteo ranch in order to protect his land from possible oil exploration in the region. It looks like a pretty smart investment when you consider what is happening to candy billionaire Forrest Mars Jr. Businessweek reports that Mars, who is worth around $14 billion from his family's ownership of candy company Mars Inc, has been fighting to keep a gas company off his huge Montana ranch. Pinnacle Gas Resources has a mineral lease to the land and a state judge has ruled that the company has the right to enter Mars' Diamond Cross Ranch to drill an exploratory well. The company is looking for coal-bed methane, natural gas that is often stored in thick coal seams in the region.The ranch is spread over more than 82,000 acres and Pinnacle's lease covers 10,300 acres of the property. Mars is worried that if the company does find methane they could use millions of gallons of water from underground aquifers to access it. This in turn would hurt the ranch's ability to maintain the large herds of livestock on the property. Beth Kaeding, chairwoman of the Northern Plains Resource Council, summed the situation up perfectly in an article in the Jackson Hole Star Tribune, saying: ""If you don't own the mineral rights, it doesn't matter how huge your ranch is, how politically powerful you are, how much money you have. Mineral rights trump surface rights."

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Tags: diamond cross ranch, forrest mars jr, ForrestMarsJr, montana, pinnacle gas resources, ranch

The Lodge at Sun Ranch

by Deidre Woollard (RSS feed) —

Filed under: Luxury Travel & Hotels

Those with a hankering for luxury, a Western experience and an eco-friendly experience might want to check out The Lodge at Sun Ranch in Cameron, Montana. The Lodge is an intimate retreat at the heart of the 26,000 acre Sun Ranch. The eight-room lodge will provide guests with luxurious accommodations and a variety of experiences including hiking, fly fishing, archeology tours and horseback riding. Packages start at $900 per person, double occupancy, for a three-night basic Sun Ranch Package.

[via Alternative Consumer]

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Tags: green, ldoge at sun ranch, LdogeAtSunRanch, lodge, montana, ranch

Legacy Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

We are headed back to the South again for a look at another hunter's paradise. Legacy Ranch is actually a hunting business that is endorsed by Orvis as one of the premier Wing-Shooting Lodge Programs. The property includes a luxury lodge that sits on a 160-acre lake with five miles of the Red River and sandy beaches. The land is home to trophy elk, white tail deer and bison as well as turkey, quail, pheasant and wild boar. Legacy Ranch is listed at $14 million but I can't seem to find any information on just how much acreage it includes. Not too many pictures of the 6,000-square-foot lodge at the listing but what there is looks very rustic.

Gallery: Legacy Ranch

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Tags: arkansas, estate of the day, hunting lodge, legacy ranch, LegacyRanch, ranch

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Tom Ford Protects His New Mexico Ranch

by Deidre Woollard (RSS feed) —

Filed under: Estates, Celebrity Shopping

Fashion designer Tom Ford's road to tranquility in New Mexico has been anything but smooth. A couple of years ago he had to fight for approval to build his Santa Fe home. Now he has bought mineral rights beneath his Galisteo ranch in order to protect his land from possible oil exploration in the region. Ford paid $84,000 for the rights on his more than 1,400 acres of land. In the region the state maintains the rights to sell leases to energy companies. Ford's team tried to persuade the Land Office not to sell oil and gas leases to Tecton Energy, a company which plans to drill eight exploratory wells on 65,000 acres, or 101 square miles, in the Galisteo Basin. The agency however is charged with using the state trust land revenues to help fund public education. Ford's attorney, Janet McKay offered this quote to the press: "We are protecting our land by holding these rights." Ford's ranch is home to a working cattle ranch and an Old West movie set that has been used for several films, including "3:10 to Yuma."

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Tags: expire-images:2008-10-28, galllisteo, new mexico, ranch, tecton energy, tom ford, TomFord

King Ranch Turquoise Concho Tote, Handbag of the Day

by Sandy Maple (RSS feed) —

Filed under: Handbags

Let's head southwest, shall we? King Ranch, located in my home state of Texas, is the largest ranch in the United States, covering 825,000 acres. In addition to ranching and farming, the modern-day King Ranch is also home to the King Ranch Saddle Shop, offering a collection of high quality leather goods, including luggage, clothing, saddles and, of course, bags. This sturdy tote is made from durable leather accented with a natural turquoise set in a silver concho. Inside, the bag is lined in cotton canvas and has a full size pocket. With just a touch of fringe and braided leather straps, this bag epitomizes modern Western style. $315.

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Tags: concho, king ranch, KingRanch, leather fringe, leather goods, leather handbag, LeatherFringe, LeatherGoods, LeatherHandbag, luxe handbag, luxe leather, LuxeHandbag, LuxeLeather, luxury handbag, luxury leather, LuxuryHandbag, LuxuryLeather, purse, ranch, saddle sho, SaddleSho, shoulder bag, ShoulderBag, texas, turquoise, western handbag, western style, WesternHandbag, WesternStyle

Almost Idaho Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

The name is the Almost Idaho Ranch for obvious reasons, it is right near the Washington/Idaho border (although it is in Washington). The home offers your own private 49-acre lake which is surrounded by mountains. There are 497 acres total which border the Kaniksu National Forest. The ranch has three homes including the 6634 sq. ft. main home. There is also a log guest home, an outdoor entertainment porch, a miner's cabin, barns, corrals, sheds and more. It is listed at $10.8 million. After the jump,your own private lake, it makes you feel tranquil just looking at it.

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Tags: estate of the day, idaho, log cabin, luxury real estate, LuxuryRealEstate, ranch, washington

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Palo Duro Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's estate reminds me of the movie Giant, the old Elizabeth Taylor/Rock Hudson classic about life in the wide open spaces of Texas. The Palo Duro Canyon Ranch near Amarillo is 2,864 acres with six miles of property line bordering the 26,275-acre "Grand Canyon of Texas," Palo Duro State Park. The ranch house, which was finished in 2006 has 7,500 square feet of space. There is also a separate bunkhouse, barns and corrals.
The rustic life here includes hunting for quail, wild turkey and deer. A well-stocked lake includes fishing for bass and bluegill. The land offers opportunities for trail riding, hiking and biking. It is listed at $5.9 million. After the jump, unspoiled vistas and natural beauty.

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Tags: estate of the day, luxury real estate, palo duro, PaloDuro, ranch, texas

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Santa Barbara Olive Company, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Perhaps you've given up on the California winery dream, too labor intensive, too confusing and the market is crowded with small winemakers. How about the olive company dream? Today's estate in Goleta, California offers you the chance to become the owner of a 101 acre ranch that is home to over 5,000 mature olive trees. It is the location of the Santa Barbara Olive Company, which is now moving their headquarters to Santa Maria. The scenic ranch full of rolling hills has an 8,800 square foot main residence with a pool, spa, game room, music room and four bedrooms. The land also includes warehouses, a guest home and a four-car garage. There are also three acres of Chardonnay vineyard if you aren't quite ready to let that winery fantasy go yet. The home itself is in need of serious decor help but you can't beat the views to the Pacific Ocean. It is listed at $13.5 million. After the jump, palm trees and rattan as a design scheme.

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Tags: california real estate, estate of the day, goleta, olives, ranch, santa barbara

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The Ponderosa Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

If the cowboy in you has always wanted your own dude ranch but you are looking for a place that isn't in Montana or Wyoming then welcome to the Ponderosa. The Ponderosa Guest and Cattle Ranch in Oregon has everything from a 5000 foot paved landing strip to a 7000 sq ft log built lodge with commercial kitchen, log cabin guest facilities with eight buildings and 24 private master suites. The ranch is 30,000 acres of continguous deeded land, with an additional 90,000 acres of lease allotments.

People have come to the ranch for years to get the cowboy experience moving cattle (over 4,000 head) and riding all day, while still being able to retire to a soft bed each night. And the website for the ranch promises that this particular area of Oregon has sun 300 days per year. This large ranch is listed at $32 million. After the jump, cowboys at work and play.

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Tags: estate of the day, oregon, ponderosa, ranch, ranch for sale, real estate

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Devine Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

This Northern California estate is designed for the horse lover. The ranch is 80 acres of land located just a few miles from the Pacific Coast in Santa Cruz. The estate is a working equestrian facility with a barn that matches the angular look of the nearly 7,000 square foot home. The main house has four bedrooms, a loft and large fireplaces to ward off the chill at night. The interior has a very Western feel .The home is listed at $20 million. After the jump, a study in triangles (even the rugs feature triangular designs).

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Tags: aptos, barn, california, equestiran, horses, ranch, real estate

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Robinson Bar Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

The Robinson Bar Ranch is a piece of Idaho history. Created in 1914 by Idaho governor Chase Addison Clark, the ranch is located at the mouth of Warm Springs Creek in the heart of the Salmon River country. The 128-acre property is surrounded by the Salmon-Challis National Forest and offers plenty of solitude. Key features include two natural hot pools and geothermal heating. The log lodge is an expansive 7,337 square feet. It also has an owner's residence located on the creek, a caretaker's home, professional recording studio, guest cabins and equestrian facilities. The ranch is located just over an hour north of Sun Valley, Idaho. The ranch is listed at $19 million.

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Tags: estate of the day, idaho, ranch, real estate, robinson bar ranch, RobinsonBarRanch

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Val Kilmer's Ranch for Sale

by Deidre Woollard (RSS feed) —

Filed under: Estates

The LA branch of Apartment Therapy clues us in to a bit of celebrity real estate. Val Kilmer is selling a chunk of his Pecos River Ranch in New Mexico. You're not getting the whole enchilada but Kilmer is selling a full 1,800 acres for $18 million. You don't have to buy the whole thing. The land has already been subdivided into two pieces, a 1,000 acre part with a fishing business on three miles of river, a stable and a rock quarry. The other piece is undeveloped land that can be split into pieces as small as five acres. The land includes a four bedroom log and stucco house, two separate one bedroom casitas with rivers and a two bedroom foreman's house.

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Tags: luxury real estate, new mexico, ranch, val kilmer, ValKilmer

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