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Historic Nevada Ranch Owned by Late Casino Mogul Sells for $18 Million in Carson Valley – FoxReno.com


The historic Nevada ranch formerly owned by a late casino mogul has recently sold for $18 million in Carson Valley. The sprawling property, known as the Wilbur D. May estate, was purchased by an undisclosed buyer. The ranch, which spans over 130 acres, features a main house, guest house, caretaker’s house, barn, and other outbuildings. The property also includes a private pond, equestrian facilities, and breathtaking views of the surrounding mountains.

The late casino mogul, who passed away in 2015, was known for his love of Nevada’s Carson Valley and his dedication to preserving the region’s natural beauty. He acquired the ranch in the 1980s and spent years developing and maintaining the property, which has since become a local landmark.

The sale of the historic ranch has generated significant interest in the local real estate market, with many speculating about the buyer’s intentions for the property. Some believe that the new owner may continue to preserve and maintain the estate, while others suggest that the ranch could be developed into a luxury resort or residential community.

Despite the uncertainty surrounding the future of the property, locals are optimistic about the potential benefits of the sale. Many believe that the influx of new investment could help boost the local economy and support businesses in the Carson Valley area.

Overall, the sale of the Wilbur D. May estate represents a significant milestone in the history of Carson Valley. The property’s rich legacy and stunning natural beauty make it a valuable asset for the community, and locals are eager to see how the new owner will continue to shape its future.

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