The Wall Street Journal reports<\/a> the Vietnamese-born billionaire Kieu Hoang, who earned his fortune in plasma-derived medicine products, is looking to part ways with Hummingbird Nest Ranch, which he purchased in 2015 for $33 million from the Metro Networks billionaire David I. Saperstein.<\/p>\nThose may not be household names, but these are: The Simi Valley property has been used as a filming location for buzzy shows, such as \u201cThe Bachelorette\u201d and \u201cThe Biggest Loser.\u201d<\/p>\n
Hoang, who resides in nearby Westlake Village, reportedly purchased the ranch as a \u201ctrophy\u201d home. Listing agent Byron Wood, of Sotheby\u2019s International Realty, told the Journal \u201cIt could be used, sort of like a personal residence, maybe a place to have parties, something to show off, like a nice car.\u201d<\/p>\n
The ranch was home to Jenn Tran\u2019s season of \u201cThe Bachelorette.\u201d Bachelor Nation \/ YouTube<\/p>\n
The property stands in Simi Valley, located outside the city of Los Angeles. Bachelor Nation \/ YouTube<\/p>\n
An aerial of the expansive grounds. Jo Palma\/Have Heart Studios for Sotheby\u2019s International Realty<\/p>\n
The dramatic entry. Jo Palma\/Have Heart Studios for Sotheby\u2019s International Realty<\/p>\n
Hoang began renting it out for events and filming, such as Jenn Tran\u2019s 2024 season of \u201cThe Bachelorette.\u201d For that show\u2019s backdrops, lovely amenities include tiled fountains, courtyards and arched entries. The property also has expansive lawns, olive groves and vineyards.<\/p>\n
Hoang is selling to pursue work on renewable energy.<\/p>\n
The property has an approximately 17,000-square-foot Spanish Colonial villa built around 2004, as well as a number of apartments and guesthouses. Among the latter is Sitting Bull Cottage, which dates back more than 100 years, and is one of the oldest homes in the area.<\/p>\n
The property boasts stunning Spanish-style details, such as wood-beamed ceilings. Jo Palma\/Have Heart Studios for Sotheby’s International Realty<\/p>\n
Handsome vaulted ceilings also hover over this massive bedroom. Jo Palma\/Have Heart Studios for Sotheby’s International Realty<\/p>\n
A massive dining room. Jo Palma\/Have Heart Studios for Sotheby’s International Realty<\/p>\n
A chef\u2019s-grade kitchen. Jo Palma\/Have Heart Studios for Sotheby’s International Realty<\/p>\n
The outdoor areas look out to the mountain landscape. Jo Palma\/Have Heart Studios for Sotheby’s International Realty<\/p>\n
Amenities include vineyards. Jo Palma\/Have Heart Studios for Sotheby\u2019s International Realty<\/p>\n
The pool looks plucked from a Tuscan escape. Jo Palma\/Have Heart Studios for Sotheby’s International Realty<\/p>\n
There are also equestrian amenities, including a 20,000-square-foot barn with heated stalls, three show rings and a polo field.<\/p>\n
That said, a new owner could turn the ranch into a resort-style operation.<\/p>\n","protected":false},"excerpt":{"rendered":"As seen on screen, this 124-acre California property outside of Los Angeles has listed for a cool $78…\n","protected":false},"author":2,"featured_media":237812,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7,9,8,13781,388,11853,103313],"class_list":["post-237811","post","type-post","status-publish","format-standard","has-post-thumbnail","category-california","tag-california","tag-california-headlines","tag-california-news","tag-luxury-real-estate","tag-real-estate","tag-residential-real-estate","tag-the-bachelorette"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/237811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=237811"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/237811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/237812"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=237811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=237811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=237811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}