Homestead, ranch (4)
I believe the answer is:
farm
I believe this clue is a double definition.
'homestead' is the first definition.
(I've seen this before)
'ranch' is the second definition.
(I know that ranch is a more specific form of the action farm)
(Other definitions for farm that I've seen before include "Homestead" , "Ranch" , "croft" , "Cultivate the land" , "Agricultural establishment" .)