Rare opportunity to own a 38-acre legacy estate with significant development potential, situated near the Urban Growth Boundary (UGB) & minutes from town. This ranch features 23 acres of irrigation, a large heated shop, and unparalleled privacy in a high-demand growth corridor. The approach is breathtaking: drive over canal rapids, past a tranquil pond with waterfalls and a gazebo & under old-growth fruit trees to reach the stunning Greene & Greene-inspired farmhouse. This exquisitely detailed 3,092 sqft home (4BD + bonus) features a Great Room with vaulted ceilings and wall-of-windows overlooking the expansive ranch. Key Features: Chef's Kitchen w/ Granite, island & custom solid wood cabinetry. Primary Suite w/Main-level w/spa-like bath, heated travertine floors & rain shower. Oversized 4-car garage w/storage & large shop. Two ponds, canal, greenhouse w/two entrances. This luxury private ranch plus land-hold for future development is one-of-a-kind. Listing Broker is related to Seller.