Multiple Santa Cruz County properties belonging to former County Treasurer Elizabeth Gutfahr were listed for sale late last month, with some plots of land already in the process of being turned over to new hands.
Gary Brasher, a Tubac-based real estate agent with Russ Lyon Sotheby’s International Realty, said the firm will be responsible for selling a total of 15 of Gutfahr’s properties: 14 in Santa Cruz County and one home in Tucson.
As of Dec. 13, Brasher said, he had already sold one plot of 35.5 acres of vacant land on Camino Agua Fria. Online records show the property, zoned General Rural, was sold for $52,500.
Another six parcels in Santa Cruz County are listed for sale: five empty plots of land on Camino Kansas and another on Vía San Cayetano.
Online records show that contracts are pending for three of the five Gutfahr properties on Camino Kansas on the southwestern edge of Rio Rico: One 1.3-acre and two 1.5-acre plots of land, zoned R-1 Residential, each listed for $6,000.
“The buyers are local individuals,” Brasher said. ”So that’s good news.”
A 1.6-acre property on Camino Kansas remains available for $6,000, while a 2.5-acre plot is still on the market for $8,500. Both properties are zoned R-1 Residential, online real estate records show.
Another available listing consists of 6.87 acres of unimproved land on Vía San Cayetano in northeastern Rio Rico for a price of $32,000. It is zoned R-2 residential, according to online records.
Santa Cruz County officials also moved forward with selling other Gutfahr assets this week. On Thursday, the county shared a web link for an online sale of used ranching and farming equipment, and noted that items will be listed on a rolling basis.
As of Dec. 13, about 25 items were listed for sale – including tractors, trailers, forklifts, loaders, mowers and ATVs. The prices ranged from $200 to $32,000.
More listings to come
Gutfahr’s properties became tied under a receivership after Santa Cruz County officials filed a civil lawsuit against her for embezzlement of public funds. The receivership also includes assets of husband David Gutfahr, her son Davian Gutfahr, and her daughter-in-law Ana Gutfahr.
According to a receivership report, MCA Financial Group estimates that Santa Cruz County could recover roughly $10 million to $12.6 million from the sales of assets identified in the receivership. Those estimates reflect discounted amounts that will be used to pay for the receivership.
The property sales in recent weeks come after a Pima County Superior Court judge approved for the receiver, MCA Financial Group, to sell Gutfahr’s properties. Those proceeds will be retained under the receivership until the judge makes a final decision on the case, court records state.
These first listings are relatively small compared to other properties expected to go on the market soon. For instance, Brasher said, four properties on Santa Gertrudis Lane will go on the market later this month, including Gutfahr’s multimillion dollar San Cayetano Ranch and a property belonging to her son Davian Gutfahr.
As Brasher works to place the properties on the market, a separate company is preparing an estate sale of Gutfahr’s belongings. However, the company – J&J Estate Sales – was still working to retrieve items from one of the Santa Gertrudis Lane homes, Brasher said.
“So that one might lag the other ones a little bit, but that’ll be on the market ultimately,” he said, adding that a date for the estate sale has not yet been set but could be expected some time in 2025.
Brasher said MCA Financial Group is working with other realtors to prepare the sales for Gutfahr’s cabin in Pinetop and another property in the Mexican beach town of San Carlos, Sonora.
The future of other Gutfahr properties remains in limbo, Brasher said. Plans for her ranch in Lochiel, for instance, are still being hashed out. Brasher said that Keith Bierman of MCA Financial Group is working alongside county officials to decide how to proceed with the Lochiel parcels of land that include a family cemetery and chapel.
“I believe he’s working cooperatively with the county right now to get those parcels out, so that perhaps the family or some appropriate entity would be responsible for those parcels, so that we could move forward with selling the rest of the ranch,” he said.
