Named for a 19th century tollhouse positioned on the historic Baker Grade wagon road, the 14,945+/- acre Tollhouse Ranch is located in Kern County, California, 30 miles east of the county seat of Bakersfield and 120 miles north of Los Angeles in the foothills of the Tehachapi Mountains. This remarkably beautiful and diverse property features a rich mosaic of oak woodlands, grasslands, chaparral, and pine forests and is part of a corridor of protected lands that connect the Sierra Madre and Sierra Nevada mountain ranges. Two seasonal streams, Walker Basin Creek and Caliente Creek, cross portions of the property and provide habitat for a variety of wildlife. The ranch supports a year-round cattle operation and is complemented by two homes, ranch buildings, working corrals, and abundant stock water. An existing grazing lease is in place generating income for the owner. The property will be sold subject to a conservation easement with The Nature Conservancy. The terms of the easement are open to negotiation between the purchaser and the Conservancy, and a preliminary set of terms is available for review. A conservation easement provides the benefit of a substantial reduction in land cost, protects the property for future generations, and allows the owner to retain many land uses and private property rights. Tollhouse Ranch presents a unique opportunity to own a large, contiguous operating ranch with significant conservation value and stunning natural beauty within a 2-hour drive of Los Angeles. $7,475,000