A greater than 9,600-acre Colorado ranch with a sprawling proprietor’s residence bought final week for $33.9 million, one of many state’s largest offers to date this yr. Located close to Pagosa Springs, about 275 miles southwest of Denver, the property options miles of pristine land, replete with creeks, lakes, timber and wildlife corresponding to elk and deer. At the identical time, it’s a brief journey to the city and its native airport, in keeping with the itemizing with Cody Lujan of Hall and Hall, an company which specializes in ranch properties. Piedra Valley Ranch is “a big, contiguous block of gorgeous and basically untouched land in fast proximity to considered one of Colorado’s favourite mountain communities,” he mentioned in the itemizing. “Blessed with the feel and appear of the good nationwide parks, [its] peace, privateness, and tranquility are unmatched.” The sale is considered one of a handful of big-ticket transactions in Colorado in the final six months. For instance, in May, Tom Cruise bought his 320-acre property in Telluride for $39.5 million. In December, the 6,343-acre Elk Island Ranch close to the mountain city of Kremmling, fetched $36 million.
Deer, elk and different wildlife roam the ranch.
Hall and Hall
The San Juan National Forest borders Piedra Valley Ranch to the west and southwest for nearly 9 miles, and the property “is simply minutes from Pagosa Springs, with its famed spas, retailers and eating places, and the Wolf Creek Ski Area, which boasts Colorado’s deepest snowpack,” Mr. Lujan mentioned in a video advertising the ranch. The 6,200-square-foot proprietor’s residence is located on a bluff on the southern finish of the property, on the base of Corral Mountain, the itemizing mentioned. The stone-and-wood-clad residence has a two-story nice room with a wall of home windows framing mountain views and an open flooring plan centered by a stone hearth and chimney. There’s additionally a chef’s kitchen, an commentary deck and a separate 2,200-square-foot house with a storage, store and personal caretaker’s condominium, in keeping with the itemizing. Other lodging on the property embrace a lakefront log cabin boasting three bedrooms, a coated porch and a front room with a hearth, plus a “cow-camp home,” a 1,628-square-foot ranch home close to the delivery pens, the place cattle are acquired and sorted, the itemizing mentioned.
Shawn Broussard, the CEO of Dallas-based Service First Mortgage, was the client, in keeping with Hall and Hall. He didn’t instantly return requests for remark. The property had been owned by the identical household since 1973 and has had solely 4 house owners in the previous century, in keeping with the company. Mansion Global couldn’t decide how a lot the sellers paid for the property. They weren’t obtainable for remark.
