(Below is a guest posting by CGF Summer Intern Annie Ryan.) On June 14th, Los Gatos-based Gabilan Ranch owners announced the sale of development rights to the Nature Conservancy for the "stunning" 11,190-acre ranch, located just south of the Santa Clara-San Benito boundary. In one of the largest land preservation arrangements ever to be completed in Northern California history, the deal ensures that the ranch will never be subject to any kind of development, even if the current owners decide to sell.
While just outside of CGF’s area of work in Santa Clara County, the ranch will contribute to maintaining a wildlife corridor shared by the County that extends from the Coast to the Central Valley. In addition, the selling of development rights has become increasingly popular among western ranchers afraid of losing their land to urban sprawl. Once the possibility of future development on a ranch is diminished, property taxes drop dramatically, making it more feasible for the land to stay family owned.
Click here to learn more about the land’s value and history.
-Annie Ryan
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