The dreamy 124-acre ranch, famously showcased on 'The Bachelorette,' is now available for a reality-defying $78 million. Nestled just outside the hustle and bustle of Los Angeles, the property offers a slice of tranquil California living with cinematic flair.
The Wall Street Journal sheds light on the ambitions of Vietnamese-born billionaire Kieu Hoang, known for his success in plasma-derived medicine. He is parting with the Hummingbird Nest Ranch, which he scooped up in 2015 for a mere $33 million from another billionaire, David I. Saperstein of Metro Networks fame.
The ranch wasn't just a personal retreat; it also played host to popular TV shows like 'The Bachelorette' and 'The Biggest Loser,' offering a rich tapestry of settings for the drama to unfold.
“It could be used, sort of like a personal residence, maybe a place to have parties, something to show off, like a nice car,” explains Sotheby’s International Realty's listing agent Byron Wood.
Hoang, who calls nearby Westlake Village home, originally saw the ranch as a "trophy" home. Yet, over time, he began renting it out for events and film productions, including Jenn Tran’s 2024 season of 'The Bachelorette.' The ranch's allure? A charming mix of tiled fountains, grand courtyards, and elegant arched entries.
The sprawling grounds come with expansive lawns, olive groves, and even vineyards, providing a quintessential Californian backdrop. Not to mention the property's heart – a roughly 17,000-square-foot Spanish Colonial villa, featuring wood-beamed ceilings and a chef’s-grade kitchen.
The ranch's amenities read like a dream: equestrian facilities with a colossal 20,000-square-foot barn, multiple show rings, and a polo field. And if relaxation is called for, there's a pool reminiscent of a Tuscan getaway.
Not purely residential, the property is primed for transformation into a resort-style retreat, offering a golden opportunity for its next owner to make a splash in SoCal's high-end real estate.
Hoang's decision to sell aligns with his new focus on renewable energy endeavors, a move that echoes the forward-thinking spirit of California's innovation landscape.