The core dispute surrounding 6,400 pristine acres just south of Gilroy – a magnet for real estate developers, a Holy Grail to nature conservationists and “most sacred grounds” to a local Native American tribe – could unravel in court this month if the property’s dozens of investors find common ground.
The Sargent Ranch northwest of San Juan Bautista, where discovery of forged tribal papers killed a major development project, is slated to be sold at a foreclosure auction July 26. The lender seeks to recover $21.6 million.