For the first time, the historic cattle ranch owned by late Nevada casino mogul John Ascuaga is listed for $15 million.
Approximately 1,230 acres of working ranch land make up the famous Jacks Valley Ranch, which is located in Carson Valley in the heart of the Sierra.
The ranch was acquired by John and Rose Ascuaga from Bud Grant in 1969, carrying on the family’s tradition and acting as their principal home where they brought up their kids.
John’s love of the ranching lifestyle and the land ethic inspired him to put a conservation easement on most of the ranch’s holdings in 2017, preventing any further development and forever preserving the area’s rich history and scenic beauty.
Four ranch houses, multiple barns, and an outdoor swimming pool with a letter “A” on the bottom are all on the 1963-built property.
The main house has three bedrooms, a study area, and roughly 5,400 square feet. Early to mid-1900s saw the construction of the other three residences.
Ascuaga began his career in the local hospitality industry as a bellhop and was soon managing the Nugget in Sparks by 1955. Five years later, he purchased the company and expanded it into a sizable casino. The Ascuaga family sold the Nugget, which is in the center of Sparks, to Sheltie OPCO in December 2013.
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Ascuaga first made the acquaintance of Rose Ardans, his future wife, at the Nugget Steakhouse. The two proceeded to transform John Ascuaga’s Nugget into a well-known resort in the Reno, Sparks area. 2020 saw her passing.
The 600-seat “The Circus Room,” which included performances by Red Skelton, Liberace, Wayne Newton, Ella Fitzgerald, George Burns, and Ray Charles, was one of the hotel casino’s initial additions. Usually, Bertha, an elephant that Ascuaga paid $8,000 for in 1962 to purchase from a circus museum in Baraboo, Wisconsin, was the featured act.
The iconic Jacks Valley Ranch served as the filming location for the first scene of John Wayne’s final motion picture, “The Shootist”.
Approximately 40 miles south of Reno, the ranch boasts 4,000 acres of deeded water rights, 400 acres of woodland, and more than 700 acres of pasture.
The site also has a cemetery that was in use until the late 1880s and is home to the remains of pioneer families from the valley, such as the founder of Gardnerville and Paiute servants.
