Bootjack Ranch Finally Finds A New Owner

Luxist reader Stephen led me to a Wall Street Journal article detailing the sale of one of our favorite estate of the day properties. Coloado's Bootjack Ranch was listed for $88 million in 2008 but it has sold to Texas energy billionaire Kelcy Warren for $46.5 million. The transaction is believed to be the highest amount paid for a property this year.
Bootjack Ranch is a roughly 3,500-acre ranch near Pagosa Springs, Colorado. The ranch is located in the southern San Juan Mountains and ranges over acres of meadows, forests, lakes and streams. The main house is a 13,800 square foot residence made of rustic logs, timber and stone. The home is decorated in classic Western luxe including a dining room fixture shaped like a canoe and fireplace screens that feature the ranch brand.
The property includes multiple guest cabins, a separate lodge, offices and manager's housing that can accommodate over 50 guests. The most extravagant feature on this property is the 12,000 square foot spa and aquatic center that seems more like a resort pool than one for private use. The ranch is a private residence but has also hosted concerts sponsored by Music in the Mountains and is a retreat for missionaries and business leaders.
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Reader Comments (Page 1 of 1)
gregg May 3rd 2010 3:45AM
Astounding!! This "ranch" is really a modern day version of the "great camps" of the Adirondacks popularized by the likes of Marjorie Merriweather Post (Post cereal fortune) back in the 20's, except on a massive scale. Her "winter" home was none other than Mar-A-Lago, now owned by Donald Trump. Post's camp, Topridge, built in 1923 is still in use today as a private residence. The price of Topridge would probably be comparable in price to BootJack Ranch if converted into todays dollars. Strangely, or insanely enough, there a quite a few ranches of this magnitude located in Colorado, Montana and Idaho. Where DO they get all - that - MONEY?? (rhetorical:)
publisher May 3rd 2010 12:38PM
http://www.landreport.com/2010/04/sold-boot-jack-ranch-goes-for-47-million/