For sale, real estate Cape Ferrelo Ranch Sale Pending- back up offers still being accepted Sold. This is a significant chunk of the Pacific coast, over one of its more dramatic headlands, available for less money than a good city lot in most major cities. It is adjacent to land that has been owned by US Borax since the beginning of the century. Borax plans to build a resort there, with a golf course and other amenities.
Financing is available through a local bank.
Rates have fallen.