The Land Report

2018.2

The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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26 The LandReport | S U M M E R 2 0 1 8 LANDREPORT.COM P art of that increase, O'Keefe says, reflects improvements in data collection and availability. His staff scours property records, tax rolls, corporate filings and real estate listings, among other sources, to produce the annual list. Many wealthy individuals shield their purchases via trusts, shell companies and other corporate struc- tures, making ownership difficult to ascertain in some cases. "Most people have no idea that there's this market in these huge pieces of America," O'Keefe said. Properties currently on the market include the Agua Fria Ranch in Texas, where $15.2 million will get you 23,482 acres, includ- ing "almost the entire Agua Fria Moun- tain range." (Alternatively, with the same amount of money you could buy a single condo in Brooklyn.) Other enormous chunks of land currently for sale include 24 moun- tain peaks outside Salt Lake City for $39 million (price recently reduced), a 7,000-acre Georgia estate on the market for the first time in history, and T. Boone Pickens's Mesa Vista ranch in Texas, where $250 million will net you 64,000 acres of the Texas Panhandle. For most Americans, land isn't a financial necessity the way income or even wealth is, so we give little thought to the massive tracts of countryside trad- ing hands every year. "Eighty percent of us live on three percent of the United States," O'Keefe said. "Large swaths of privately owned land are beyond comprehension because they are simply beyond the horizon." From The Washington Post, December 21, 2017 © 2018 e Washington Post. All rights reserved. Used by permission and pro- tected by the Copyright Laws of the United States. e printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited. Eighty percent of us live on three percent of the United States. Large swaths of privately owned land are beyond comprehension because they are simply beyond the horizon. – Eric O'Keefe " " OWN YOUR OWN MOUNTAIN RANGE. King Land & Water has the $15.2 million listing on Texas's 23,482-acre Agua Fria Ranch, which sits 60 miles south of Alpine.

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