Larry Hagman's Beloved Ranch Sells For Less Than Half Original Asking Price, Take A Peek Inside

The Ojai, CA ranch owned by the late Larry Hagman and his widow Maj has been sold for rock bottom price of $5 million.  It was first listed in 2009 for $11 million.

PHOTOS:  Larry Hagman’s Ranch Sells For $5 Million

Located just an hour from L.A., the Ojai spread has 43 acres.  There’s a seven bedroom, 18,000 sq. ft. main house and a caretaker’s cottage, both of which are solar powered, plus a two bedroom guesthouse.

The property boasts a 43-foot-long lap pool, more than 200 avocado trees and even a helipad!

The Dallas star, who died last year at age 81, called the place Heaven. Maj suffers from Alzheimer’s disease, and is being cared for by family.

As reported, a penthouse apartment the couple owned in Santa Monica, sold earlier this month — also for $5 million.

PHOTOS:  Larry Hagman’s Penthouse Apartment Is Sold

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