Forbes: 110 Acres That Have Been in the Same Family Since Before California was a State

Back in the early 1800s, before California officially became part of the United States, one of the governors installed by Mexico to oversee northern California granted over 7,000 acres of land in what is now Marin County to a gentleman by the name of John Reed. Today 110 of those acres, untouched and undeveloped, still belong to the Reed family and they have decided to sell it all in one swoop at an asking price of $110 million. The county has approved a master plan for 43 homes to be developed there, each on a minimum half-acre lot, but that has been met with a wee bit of resistance from neighbors (one of the sticking points is the desire to keep the trails open to the public).