Kerry Mormann & Associates
2012 Sales: > $50 Million
Who: Founded in Santa Barbara County in 1976, this well-established brokerage specializes in high-end ranches, large tracts of land, and luxury estates not only in Santa Barbara County but also in portions of Ventura and San Luis Obispo counties. Owner Kerry Mormann is well-versed in California coastal land, with almost 40 years of experience in this highly specialized market, including the record-setting Cojo-Jalama Ranch sale in 2007.
Wow: The northern 2,000 acres of the renowned Rancho Dos Pueblos, which rests on a narrow coastal shelf between U.S. 101 and the Los Padres National Forest, went into escrow this spring. In 1542, the first Spanish explorers spotted this historic tract, which ranks in the Land Report Top Ten.
Insight: “It’s finally starting to get a little better in our market. Buyers are regaining confidence they lost in the Great Recession. People are looking to expand and make money. It’s looking better,” says Broker John Vogel.
Pictured Above: This 121-acre ocean view property in Toro Canyon offers a rare opportunity to “build your dream.” Featuring rolling, pristine hills overlooking the Pacific Ocean and surrounding terrain, this property is ideal as a magnificent ocean view estate, an equestrian estate, and more!
Download the Summer 2014 edition of The Land Report for the complete listing of our fourth annual survey of the country’s leading real estate firms specializing in land.