Lon Lon Ranch

Lon Lon Ranch is a small farm that appears in several Zelda games. The ranch belongs to Malon and her father, Talon.

Ocarina of Time
In Ocarina of Time, Lon Lon Ranch is the home to Talon, Malon, Ingo, and Epona. It is located in the center of Hyrule and is owned by Talon. It is a small farm, with one house area and a barn to keep horses and cows safe. It also has a paddock that can exercise the horses daily. The Ranch raises Cuccos, horses, and cows. They make a profit by selling off Lon Lon Milk that the cows make to the people of Hyrule. An empty bottle can be won here as young Link from Talon after winning the Super Cucco Game.

As a child, Link can learn "Epona's Song" as a kid from Malon to call Epona to him, but he cannot yet ride the young horse. Seven years later, it appears that Ingo (with the help of Ganondorf) has taken over the ranch. At the fee of 10 Rupees, Link can ride the horses in the ranch, and for an additional fee of 50 rupees, he can race Ingo for the chance to keep the horse (namely, Epona, as she is the fastest). After losing, he will challenge Link again, this time he will be much harder to beat. After losing the horse he had set aside for Ganondorf, Ingo turns the ranch over to Malon, and becomes a much happier and much more humble person after the experience. After Talon returns to the ranch, Malon runs the ranch and Ingo appears to be happier working in the ranch. Afterward, Talon, who had been staying in Kakariko Village, returns to the ranch and says he is going to "turn over a new leaf" and work harder.

Four Swords Adventures
In Four Swords Adventures, Lon Lon Ranch can be found in Near the Fields' The Field. Upon arriving to the field, Link encounters a girl named Malon by herself. She tells the young traveler that she was running errands, but just as she was about to head back to her home, it started raining; furthermore, the castle guards were moving all the cannons and even aimed their bows at the farm girl. Helpless, she asks the four Links if she can accompany them until she gets back to Lon Lon Ranch with her father, Talon. Unlike Ocarina of Time, the ranch has no cows or horses to be seen, and there are no buildings except for the house in which the two farm owners stay in.

With the permission of Talon, Link can use one of his horses (that magically appear once Link touches a carrot encased in a crystal) to make his journey through the fields much easier.

The Minish Cap
In The Minish Cap, the ranch is not as big as in Ocarina of Time. Here lives Malon and her father, Talon, along with their cows. Later in the game, if Link helps Malon and Talon in finding their house key, he can go through the ranch to reach Lake Hylia. Link can also buy milk from Malon and Epona in Hyrule Town.

Twilight Princess
Even though Lon Lon Ranch isn't in Twilight Princess, it is speculated that Hyrule expanded over the years, and the ranch in Ordon may be Lon Lon Ranch. Evidence for Hyrule's expansion also explains the new Kakariko Village, the remnants of the Temple of Time, the supposed remnants of the original Hyrule Castle Town (if the people of Hyrule did move the capital to a new location), and the reason behind the castle looking like it's under construction when Link first visits it as a wolf. If this is true, nothing can really be said about Talon and Malon's descendants. Perhaps they sold the ranch, left the ranch, or are in the Ordon population.

Trivia

 * Interestingly, everyone at the ranch in Ocarina of Time had a turn at running the ranch starting with Talon, followed by Ingo, and finally Malon.
 * Lon Lon Ranch could possibly be named after Malon and Talon.