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In some ways you can still own a piece of the California dream just like the 49ers did in the Gold Rush over 150 years ago. You can still buy an acre of land in the state for just a few thousand dollars. You can still buy 40-acre gold mining placer claims for about the same price.
But in most other ways California is a shockingly different place from the land the original prospectors encountered in the mid-1800s that was dominated by Spanish missions. The nearly 40 million people who live in California represent one in every eight Americans. If the state was a country its economy would be the 9th largest in the world.
With a big enough checkbook it is still possible to purchase stunning Pacific Ocean views or unrivaled cityscapes or a chunk of Northern California wine country. California is the biggest agricultural state in the nation and ranches and farms are always for sale, primarily in the valleys that meander through the center of the state.
California is the most geographically diverse state in the union, containing both the highest and lowest points in the Lower 48. Buyers can find affordable desert property, mountain timberland, and undeveloped lakes throughout America’s third largest state. Outdoor enthusiasts can feast on hunting and fishing or cattle properties specifically suited to match their passions.
The land rush never ends in the Golden State. Vacant land prices within two hours of a major city in California are fetching a premium in recent years due to the influx of investors into the marketplace. But in an economy so vast and so diverse there are always unique properties waiting to be uncovered.