El
Capitan Ranch now part of
state parks
10/9/02
STAFF
REPORT
El Capitan
Ranch, among the largest properties on the Gaviota coast, is now in
state hands.
The Trust
For Public Land said Tuesday that the 2,500-acre property has been transferred
to the state parks system.
The $9.5 million
ranch rises from El Capitan State Beach through oak woodlands and chaparral
to the ridgelines of the Santa Ynez Mountains.
The state
already owned about 3,000 acres at Gaviota State Park and El Capitan
and Refugio state beaches.
The ranch
is valued at $12 million, but the owners, Chuck Blitz of Santa Barbara
and Roger Himovitz of Montecito, agreed to make a contribution of $2.5
million in land value. They will keep 650 acres.
In addition
to the campground, the owners will retain a horse ranch and land for
two homes. Mr. Blitz and Mr. Himovitz purchased the ranch from Texaco
in 2000, when the entire 3,150-acre property was listed for $10.7 million.
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