This home attracted me first with the news that it was a major price reduction. We all love a good deal and this home just had a $900,000 price cut. Real estate in Colorado does seem to be struggling in some areas. This home, near Durango, Colorado is a 8,275 square foot home in the gated community of High Meadows Ranch. The home sits on 60 secluded acres with views of the valley and Red Cliffs. The five-bedroom home also comes with one-bedroom guest quarters and a five-car garage. There is also a log cabin playhouse on the property. The home has large stone patios and a built in gas barbecue plus an outside kitchen. The entry has lighted rock waterfall and the home is wired for surround sound with 75 speakers throughout the interior and exterior of the home. Vaulted tongue and groove ceilings and sandstone accents highlight the gorgeous main spaces. It is now listed at $4,300,000. Considering what the McAfee mansion went for, I wonder if this one might go even lower. After the jump, check out the mural in the master bedroom.