35294 Ruth Hill Road, Squaw Valley, California 93675, Squaw Valley, - bed, bath

home-pic
ACTIVE$2,700,000
35294 Ruth Hill Road, Squaw Valley, California 93675
3Beds
1Bath
1,433Sqft
39,334,680Lot
Year Built
1930
Close
-
List price
$2.7M
Original List price
$3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW24230705
Home ConditionTear down
Features
Excellent View: Hills
ViewHills

About this home

Oak Ridge Ranch (ORR)– A truly unique property with an abundance of possibilities. Situated within the renowned Squaw Valley-Miramonte AVA (American Viticulture Area designation for being a unique grape growing region), the property offers prime conditions for both cattle ranching and potential grape growing. It encompasses 903 acres of versatile land, with nearly 400 acres of flat terrain ideal for agricultural use. The property benefits from abundant water resources, including a 5-acre reservoir, two active water wells (one producing 55 gallons at 65 feet), and an artesian well just 3 feet deep. In addition, a seasonal creek and two smaller ponds provide year-round water, ensuring reliable access. The ranch is located at an elevation that typically keeps it above the valley fog that often blankets the San Joaquin Valley, providing a more favorable climate for both agriculture and livestock management. ORR also features a dirt airstrip surfaced with decomposed granite (D.G.), offering potential for small aircraft use. It could be used with the approval of a conditional use permit from the county, providing convenient access to the property. For over 30 years, the ranch has been a working cattle operation, with the entire perimeter fully fenced. It is currently leased to a tenant who runs several hundred head of cattle, and the lease remains in place until Sept. 2025, after which it transitions to a month-to-month agreement. ORR offers excellent hunting opportunities with abundant wildlife, including wild turkey, deer, pigs, doves, and quail. The historic charm of the ranch is further enhanced by a classic wooden barn and a couple of other outbuildings, providing utility and character. However, the old ranch house and pump house are in disrepair and of limited value. Finally, the entire ranch is enrolled in the Williamson Act, which significantly reduces property taxes by preserving its agricultural, cattle and open space use. This offers substantial savings and makes the property even more attractive for agricultural development. This does not restrict the building of a home. ORR is an exceptional opportunity for those seeking a versatile property with a strong agricultural foundation, abundant water resources, and a rich history of cattle ranching. Whether you’re looking to continue its legacy, develop the land further, or simply enjoy its natural beauty, this property offers immense potential with low taxes and abundant possibilities.

Price History

Date
Event
Price
10/19/25
Price Change
$2,700,000
11/08/24
Listing
$3,000,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (8 Listings)
Beds33
50%
Baths12
22%
Square foot1,4331,610
22%
Lot Size39,334,680213,444
89%
Price$2.7M$300K
89%
Price per square foot$1,884$171
89%
Built year19301982
11%
HOA
Days on market362217
78%
Condition Rating
Tear down

The property was built in 1930. The listing explicitly states that 'the old ranch house and pump house are in disrepair and of limited value.' The exterior images of the house confirm its aged and weathered condition. With no interior photos provided and the clear statement of disrepair, the house is considered unlivable or beyond reasonable repair, making its value negligible compared to the land. The property's value is based solely on the 903 acres of land and its agricultural potential.
Pros & Cons

Pros

Vast & Versatile Land: Encompasses 903 acres, with nearly 400 flat acres ideal for diverse agricultural uses, including cattle ranching and potential grape growing within the Squaw Valley-Miramonte AVA.
Abundant Water Resources: Features a 5-acre reservoir, two active water wells, an artesian well, a seasonal creek, and two smaller ponds, ensuring reliable and ample water supply.
Significant Tax Benefits: The entire ranch is enrolled in the Williamson Act, providing substantial property tax reductions by preserving its agricultural and open space use.
Established Income Stream & Infrastructure: Currently a working cattle operation with a tenant lease until Sept 2025 (then month-to-month), fully fenced perimeter, and existing outbuildings, offering immediate operational potential.
Unique Access & Climate Advantage: Includes a private dirt airstrip for potential convenient access (with permit) and benefits from a favorable elevation that keeps it above the valley fog.

Cons

Dilapidated Main Structures: The old ranch house and pump house are in disrepair and of limited value, requiring significant investment for renovation or complete replacement.
Existing Tenant Lease: A current cattle lease is in place until September 2025, transitioning to a month-to-month agreement thereafter, which may limit immediate owner-occupancy or development plans.
Conditional Airstrip Use: The dirt airstrip requires approval of a conditional use permit from the county for use, adding a potential bureaucratic hurdle and cost.

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