What happens to the Ranevskaya family estate in Anton Chekhov’s The Cherry Orchard?

In Anton Chekhov’s final play, The Cherry Orchard, the Ranevskaya family estate is lost due to the family's mounting debt.1

Madame Ranevskaya, having returned to Russia from Paris, faces the difficult decision of how to manage her ancestral property, which features a famous cherry orchard. The wealthy merchant Ermolai Lopakhin advises her to develop the land to resolve her financial troubles. Ultimately, Lopakhin purchases the estate himself and proceeds with plans to convert the land into a housing development. As the Ranevskaya family departs the estate, the sound of saws can be heard, signaling the destruction of the orchard.1