William H. Crocker, member of the famous railroad and banking family, was involved in a number of business enterprises on the South Coast. One of these enterprises was a large lemon ranch in Montecito, the Crocker-Sperry Ranch, also known as Las Fuentes (The Springs). The packing house was the operational center of the ranch; it now serves as the clubhouse for the Birnam Wood Golf Club.
In 1887, Crocker; his mother-in-law, Caroline Sperry; and John Cutting bought more than 218 acres around the area where East Valley Road and Sheffield Drive intersect today. Originally the trio had plans for a housing development of 33 parcels, but real estate prices crashed in the late 1880s, and they turned to ranching.
After Cutting left the partnership, Crocker and Sperry decided to plant most of the ranch in lemons. Some 25,000 olive trees were cleared off the land to make way for 28,000 lemon trees, and, in 1891, construction began on a packing house. The ranch had three reservoirs, which could hold some 3,000,000 gallons.