Pepper Ranch owners offer to sell 2,500 acres in Immokalee to Conservation Collier
Source: Naples Daily News
October 08, 2007
The owners of the Immokalee landmark Pepper Ranch are offering to sell some 2,500 acres to the county's Conservation Collier program.
The purchase would be the largest in terms of acreage that the land preservation program has bought since voters approved the program in 2004. The land's assessed value tops $13.4 million, but the purchase price would be based on appraisals.
The Pepper Ranch, which includes some of the county's most pristine private land holdings, is named for a Miami real estate speculator who won the ranch in the 1920s after its owner couldn't pay his debts.
The ranch includes natural land, pasture, three oil wells, a lodge and other structures. More than a third of the land already is preserved under the county's Rural Lands Stewardship Program.
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