George Roberts Asks $32 Million in Northern California

George Roberts Asks $32 Million in Northern California

Financier George R. Roberts is asking $32 million for his 10,000-acre ranch in Northern California.

Financier George Roberts, co-founder of private equity shop Kohlberg Kravis Roberts is asking $32 million for his 10,000-acre ranch in Northern California. Candace Jackson has details on The News Hub.

A co-founder of private equity shop Kohlberg Kravis Roberts, Mr. Roberts in the 1990s assembled the property in Paicines, 50 miles east of Monterey, and turned it into an equestrian ranch for his late wife, Leanne, an equestrienne and horse breeder.

Stone Canyon Ranch has a contemporary main house of 7,900 square feet. The home has a screened-in dining area, a wine cellar and a master suite with two baths and a study. There's a guest complex with three 1,000-square-foot suites with private entrances and fireplaces. The ranch also has a swimming pool, pool house and tennis court, plus staff housing.

Horse facilities include five separate horse barns, two riding arenas, two training arenas and a hay barn. Steven Mavromihalis of Pacific Union International, a Christie's International Real Estate affiliate, has the listing. A spokesman says Mr. Roberts, 68, co-chairman and co-chief executive officer of KKR, is selling because he's using the ranch less often these days.