The San Diego Daily Transcript reports that Smoketree Ranch, renamed Desert Sky Estates, was recently purchased for $1.45 million.

Desert Sky Estate features access to a 4,600‐foot runway and a 5,000‐square‐foot hangar.

The 5,100‐square‐foot home has five bedrooms and six baths, an eight to 16 car subterranean garage, a pool and spa, an indoor/outdoor fireplace and a second story observation level.

The property also has a 1,600‐square‐foot guesthouse, and its own water well and water rights.

The San Diego firm of Hubbell & Hubbell Architects designed the estate.
The 1,400‐acre Desert Sky property was purchased by the GH Capital entity for $4 million in December 2006.

For the current sale, the propertyʹs core 160‐acre portion had been offered for $1.99 million. The surrounding 1,234 of the acres that were part of the original Borrego Air Ranch purchase had been offered separately at $1,000 per acre. In the end, Jensen acquired the entire property for the price of the house and its 160 acres, less than half of what the GH Capital entity paid for it about 4 1/2 years ago.

Excerpted from article:
“Borrego Springs estate sold; Montesoro in escrow.” by Thor Kamban Biberman. The Daily Transcript 24 May 2001.