More than three years after the death of oil tycoon T. Boone Pickens, his 65,000-acre Texas ranch is for sale at a deep discount, The Post can confirm.
Initially listed in 2017 for $250 million, Mesa Vista Ranch, located 85 miles northeast of Amarillo, dropped its price From $80 million to $170 million in February 2022.
While the Post cannot confirm the final price, sources revealed that the ranch “sold within 10% of the $170 million listing price.”
This means that the ranch sold for a figure between $153 million and $187 million.
Bill Kent, CEO of Kent Companies, led a group of buyers that in December purchased 36,000 acres on the western side of the ranch, which includes a 25,000-square-foot lodge, according to MRT,
“He made an incredible asset,” Kent told the Reporter-Telegram in a telephone interview. “It’s gorgeous, all kinds of water. It created a paradise.
“My vision is that this is not a private property but something like a membership resort,” Kent said. “Something that revolves around the hunt and the facilities there.”
“I want to respect the property, be a good steward of the land and do what’s in its DNA.”
Several months ago, in September, rancher Travis Chester bought the 27,700-acre eastern section of the ranch.
Pickens, who earned his billionaire title through oil and natural gas, initially purchased the first 2,900 acres of Mesa Vista in 1971, having previously built a small corrugated metal livestock feed house.
“Over the past 25 years before his death, Pickens transformed the ranch into a “model of conservation and habitat management,” said the previous listing.
The Mesa Vista compound includes a five-bedroom Family Home, a three-bedroom 11,500-square-foot Lake House and a three-bedroom 2,300-square-foot Gate House. There’s also a private airport with two-bedroom apartments for pilots, a chapel, a pub, a golf course, a tennis court, a 400-square-foot gun room and — yes — that 25,000-square-foot lodge and conference Center .
It also has an 11,000 sq ft dog kennel which comes with a veterinary laboratory.
Pickens also recreated his childhood home in Oklahoma on the grounds.
Chas S. Sam Middleton with Middleton and Son and Hall & Hall listing.
Pickens died on September 11, 2019, at the age of 90.
He was married five different times and left behind five children.