Hidden Valley, Calif., $39.5 million
Just one year ago, this equestrian ranch, located north of Los Angeles, was listed for $50 million. The owner, cancer treatment clinic entrepreneur
Dr. Bernard Salick, bargained it out at $39.5. The property is more than 92 acres, with a somewhat modest one-story home. Listed by super agent Joe Babijian of Prudential California Realty.

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