List of the day
Location: Placerville, Colorado
Price: $24.5 million
Once the home of director Oliver Stone and now owned by professional poker player and entrepreneur Lyle Berman, this 1,418-acre ranch offers state-of-the-art equestrian facilities, nearly 10 miles of trails, 17 guest rooms, seven ponds and easy proximity to a well-known ski resort and ski community.
“Put the property aside, its location is one of its best attributes,” said listing agent TD Smith, of Telluride Real Estate Corp./Forbes Global Properties. “If you were looking for a ranch in the western Rockies, you wouldn’t normally find one 20 minutes from a resort. It is a 20 minute drive to Telluride, a unique resort.”
“There are nice ranches in Montana or Wyoming, but they’re not close to anything,” he continued. The ranch is known as Berman Buckskin Ranch, named after the family leather business, Berman Buckskin, which was sold to WR Grace in 1979.
Continued: Jerry Seinfeld sells 27-acre property in Colorado for $14 million
“Oliver Stone bought the rough ranch and then built the main house and bunkhouse,” Mr Smith said. The main house was built in 1992.
Mr. Berman, who has owned a number of casinos over the years, bought the ranch about 20 years ago, Mr. Smith said. “He basically redesigned the whole ranch, creating a more rustic mountain look.”
He also added the 32,000-square-foot equestrian center and indoor riding arena as well as the ranch’s two homes, Smith said. “He probably invested another $15 million in upgrades. This is a much improved property.
The centerpiece of the main house is a large great room with a stone fireplace, cathedral ceiling with wood beams, floor-to-ceiling walls of glass with open mountain views, a pool table and a wet bar. . It opens onto an outdoor seating area with an outdoor fireplace.
Continued: It’s home on the beach at this contemporary 36-acre residence in Colorado’s Roaring Fork Valley
The home also features two master bedrooms, a private office wing, a media room, art gallery walls, a formal dining room that seats 16, and a spa with sauna, steam, and exercise equipment. Pennsylvania olive ash is the predominant wood inside, Smith said.
The ranch’s shooting range is “simply amazingly beautiful,” he said. “You’re shooting over a canyon.”
The ranch also has a hidden 1,200 square foot cabin located about a 30-minute drive from the main house, Smith said. “This is where the owner goes in the evening with his friends. It has a great outdoor terrace and incredible views.”
“You see the whole San Juan mountain range,” he said. “Looking due south, you see what we call the Mount Wilson Massif” or the West San Juan Mountains.
The main house has eight bedrooms, 10 full bathrooms and two partial bathrooms. There is a 700 square foot guesthouse next to the main house, an apartment above the stables, and two two-bedroom ranch houses. In total, there are 15,183 square feet of interior space with 17 bedrooms and 15 bathrooms. The land measures 1,418 acres.
Ranch amenities include nearly 10 miles of trails for ATVs, ATVs, and horseback riding; a 32,000 square foot equestrian center with 22 horse stalls, an indoor riding arena, veterinary hospital, tack room, apartment and recreational party hall; a sports clay range of 11 stations; seven ponds, including a 3-acre stocked trout pond; a hidden cabin; two ranch houses; a guest house near the main house; and a much improved internal road network.
The main house includes a fireplace, four wood burning fireplaces and a spa with sauna, steam and exercise machines.
Telluride, a historic mining town that’s also known for its annual film festival, offers “world-class skiing and excellent golf,” Smith said. “It’s totally surrounded by US Forest Service land.”
“We have 600 to 700 miles of hiking trails in the area,” he said.
Agent: TD Smith, Telluride Real Estate Corp./Forbes Global Properties
Write to the announcement of the day