mcafee

McAfee Mansion Back Up For Sale At Lowest Price Yet

Recently I started seeing search results showing up for a home we covered back in 2007. Why were people looking for information on the McAfee mansion in Woodland Park, Colorado? It turns out that it is back on the market for the lowest price I've seen it at yet.

We first checked out this home in 2007 when it still belonged to antivirus software developer John McAfee. McAfee sold his 280-acre Colorado estate at auction. The property included his 10,000-square-foot mansion perched on a hillside. The home has a flagstone entry with split staircase, five master suites, a living room, great room and den, media room, library and fitness center. The master suite has a private entry, kitchen, fireplace and access to a glass balcony which leads to a wooden gazebo. The compound has three guest homes, two guest apartments and nine guest cabins for a total of 19 bedrooms. The property includes four trout lakes, observation decks, picnic areas, a horse paddock and more. At the time we heard that McAfee was looking to get around $20 million. Instead, it sold at auction for $5.72 million and was back on the market the same year for $8.9 million. In 2009 there were rumors of foreclosure and talk that it might be used as a transition center for war veterans.

It's currently on the market for the lowest price yet, $3.9 million. The listing pictures don't seem to have changed much in the ensuing years. The home is a mixture of styles with Frank-Lloyd-Wright-inspired public spaces as well as Southwestern and modern notes. With the acreage and cabins already in place it could make an excellent retreat center or family compound.

Gallery: McAfee Mansion

Tags: colorado real estate, john mcafee, luxury real estate, mcafee, woodland park

McAfee's Mansion For Sale Again

by Deidre Woollard (RSS feed) —

Filed under: Estates

While browsing through real estate listings searching for an estate of the day I came across a rather familiar home. The McAfee mansion in Woodland Park, Colorado, which sold at auction for $5.72 million back in May, is now back on the market. At the time the mansion and 280-acre estate were expected to sell for $20 million but Jeffrey Patrick Wu, a 29-year-old Chicago commodities trader got himself quite a deal. At the time Wu said he planned to use the mansion as a vacation home. Yet here we are seven months later and the mansion is listed at $8.9 million. It would be a nice return on his investment if he gets that price. Check out the pictures from when it was our estate of the day here.

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Tags: colorado, estate, mansion, mcafee

McAfee Mansion Sells For A Song

by Deidre Woollard (RSS feed) —

Filed under: Estates, Celebrity Shopping

Thanks to a tip from our reader Gini, I learned that one lucky man got a crazy good deal on the gorgeous McAfee mansion in Colorado. Jeffrey Patrick Wu, a 29-year-old Chicago commodities trader picked up the house for just $5.72 million, way below the expected $20 million. Wu, who is originally from Colorado, plans to use the 280-acre estate as a vacation home.

In an article in the Rocky Mountain News, McAfee is quoted as saying that the owner got an excellent deal. McAfee is not new to the auction game, he has auctioned three other properties in the past three years. Bidding started at $15 million but dropped all the way down to $3 million when no one bid. The deal also included the furnishings for the home. It's simply amazing that all that land and all that house sold for this little, I was expecting it to easily hit $15 million or more.

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Tags: colorado, estate of the day, mansion, mcafee