Early Apple employee Mike Markkula is selling his California ranch for $45 million

Mike Markkula, Apple's third employee and former CEO and chairman, has listed his longtime California home for sale for $45 million, the Wall Street Journal reported. 

Dubbed "Rana Creek Ranch," the property spans 14,000 acres of land in Carmel Valley, about 85 miles south of Silicon Valley. In addition to a 5,413-square-foot main house, there's a private landing strip, lake, riding arena, and two barns.

Markkula and his wife Linda bought the home and surrounding acres for $8 million in 1992. "We’ve enjoyed it. We've loved it but it’s time to move on," he told the WSJ.

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The couple originally purchased the property as a second home.

Over the decades they lived there, they increased the acreage they owned and remodeled the existing structures.

Markkula told the WSJ that he also learned some ranching skills of his own. "I love rounding up cows on horse-back. It's very soothing," he said.

Source: WSJ