“One of the sales pitches we use, especially for these remote properties, is ‘imagine yourself quarantined here,’ ” Mr. Latousek explains. “And they’re like, ‘This is perfect.’ ”
The Gentleman’s Ranch
Before the pandemic, people were looking for homes that were close to shops and restaurants, according to Julie Faupel, an agent and the owner of Jackson Hole Real Estate & Associates in Jackson, Wyoming.
Now she’s seeing a “complete 180,” with clients looking for properties that not only give them space, but can be totally self-sustaining. These buyers are looking to grow their own food, as well as raise cattle, chickens, and other animals.
Many of the new buyers who have been streaming into the region from more urban areas are looking for a lifestyle change, she says.
“People really are driven by that rugged, live-off-the-land, back-to-basics kind of feeling, but in a very well-heeled way,” Ms. Faupel explains. “They are relying on their ranch managers and their ranch hands to help them maintain the properties and farm, and brand the cattle, but they are genuinely engaged and learning about it. It’s kind of a reinvention of the urban cowboy.”
More : Back Home on the Ranch
Ms. Faupel is representing a six-bedroom, 12-bathroom home on about 300 acres in Thayne, Wyoming, for $24.45 million. It’s about 40 miles south of Jackson, and has two private airports close by.
Every room of the 6,414-square-foot home has views of the ranch, where wagyu cattle have roamed. There’s also a day lodge with a commercial kitchen, a self-sustaining organic garden, and several barns and other outbuildings.
“It’s the quintessential gentleman’s ranch,” she says. “It’s spectacularly beautiful, you’ve got fly-fishing on the property, you can horseback ride, you can herd cattle, you can farm your organic gardens...and then you can still get back out of town in 20 minutes.”
Others just want a taste of ranch life, not dozens of acres to maintain, says agent Ernie Carswell of Ernie Carswell & Associates in Beverly Hills, a Douglas Elliman affiliate.
He is representing a five-bedroom, six-bathroom modern ranch set on 4.3 acres in Ojai, California. It’s listed for $7.5 million, and offers stables and pastures for horses to graze, plus two fruit orchards. It’s within walking distance of “bohemian” downtown Ojai, but still has privacy and space.
“It’s just enough to qualify as a ranch, without having the expense, all the maintenance, and the liability,” Mr. Carswell notes. “With just four acres or so, it’s the perfect spread for some city person...with solitude and nature around you, as well as the resort pool and all the contemporary aspects they expect.”
Mr. Carswell says showings for the listing have shot up in the last few months, and he recently toured the property with a potential buyer looking to move her llamas onto the land. And Ojai itself is becoming “in vogue” with “an elite crowd” of CEOs and other bold-face names.
“It’s off the beaten track, and it feels a little more private to them,” he explains. “It’s not so much in the spotlight.”
This article first appeared in the Fall 2020 issue of Mansion Global Experience Luxury.