A California farming couple kept the development rights to their 624-acre ranch; in 2004, they took $1 million well below market to permanently block development

Greg and Amanda Jones embarked on a meaningful journey in 2004 to safeguard Redgate Ranch through a conservation easement. By selling the development rights for one million dollars, they maintained their ownership and managed the farming operations. This agreement played a vital role in ensuring that the land’s natural beauty was preserved. Later, the ranch changed hands for $9.
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