The first registry of the hacienda dates back to 1665, owned at the time by don Diego de Mendoza, relative of Francisco Montejo. At that time the hacienda was devoted to cattle raising and towards the middle of the 17th. Century added corn harvesting to its activities. Towards the second half of the 19th. Century, by then owned by Carlos Peón Machado, the hacienda changed its activities to sisal growing and had the largest production in the region, participating in this manner in the great economic surge of that industry. At that time it employed 640 workers and had an extension of 6,642 hectares, within which, in addition to the hacienda buildings, there were cenotes, caves and a wealth of local flora and fauna. Its decadence begun in 1921, when due to a government decree it returned 50% of the land to the original landowners; subsequently, the plastic industry substituted most of articles made of sisal. Later on, in 1937, it was split into smaller fractions in accordance to the Law of Agrarian Reform, but in 1956 this decree was revoked and the property returned to its last owner, Humberto Peón Suarez, who sold it to Adolfo Escobedo Batún in 1973, who later bequeaths it in his will to Miguel Ángel Cervera, and is finally purchased by Grupo Plan in 1996.