Rumors trickled in that uber-successful developer and possessor of perfect hair Donald Trump was in town on Tuesday for a site visit to the beautiful, historic, and very-much-for-sale Cojo Ranch. The Donald is purportedly considering the 8,580-square foot Gaviota parcel as a potential development and golf course project. The property has been in and out of escrow six times in recent years; it currently has an asking price of $110 million.
Hair jokes and reality show antics aside, Trump’s name has become synonymous with high-profile real estate developments. He owns roughly 18 million square feet of Manhattan property alone. (By the way, that amounts to more than half of the total square feet of space in all of Santa Barbara County.) Trump came into the national spotlight in 1983 with the completion of the Trump Tower, a 58-story mixed use skyscraper. Construction on Trump World Tower — across the street from the UN Buiding in Manhattan — completed in 2001. It remains the tallest of his ventures. With giant towers sprouting up throughout Manhattan — and all over the globe as well — one might think Trump was trying to compensate for something. Regardless of his motives (or the fact that his likeness has been captured in a line of baby toupees), the man knows a good deal when he sees one.
Thus, it should not be surprising that he’d express an interest in the Cojo Ranch. Originally owned by the Bixby family, the area had been used as a working cattle ranch since 1913. The Cojo Ranch, which is located just south of Jalama Beach County Park in northern Santa Barbara County, was listed as being for sale by real estate marketers like Sotheby’s last spring.
— additional information provided by Drew Mackie