Toto is currently owned by Kathleen Scutchfield, who bought the ranch with her late husband, Donald, in 1982. The land is valued at $7.9 million.
"I've seen how development has been creeping up and down the coast and feel it's important to make a statement and save this land just as it is, in its open, natural state," Scutchfield said in the statement. "POST has done so much to preserve the character of the Coastside, and I want to see that this beautiful land is protected forever."
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If Scutchfield ever sells the land, the easement will go to the new owner.
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