- T. Boone Pickens is selling his Texas ranch for $250 million.
- It’s one of the most expensive homes for sale in America.
- The ranch comprises 100 square miles of land and several structures.
- Pickens said in a statement that he was selling the property because it was “the prudent thing for an 89-year-old man to do.”
The legendary investor and oilman T. Boone Pickens has put his enormous Texas ranch up for sale, and it comes with an equally enormous price tag of $250 million.
Mesa Vista Ranch, which encompasses more than 100 square miles of land in the Texas Panhandle, has long been a hunting and golfing getaway for Pickens, who cited his age and health as his primary motivators for selling.
Pickens has owned the ranch for 46 years.
“Selling the ranch is the prudent thing for an 89-year-old man to do,” he said in a statement. “It’s time to get my life and my affairs in order.”
He continued: “There are many reasons why the time is right to sell the ranch now, not the least of them ensuring that what I truly believe is one of the most magnificent properties in the world winds up with an individual or entity that shares my conservation beliefs.”
The property has an airport and several accommodations, including the 12,000-square-foot lake house, the 33,000-square-foot lodge, the 6,000-square-foot family house, the 1,700-square-foot gatehouse, the 1,600-square-foot pub, and the 11,000-square-foot kennel, which has space for 50 dogs.
There’s also a single-story structure where ammunition, hunting gear, rifles, and shotguns are stored.