The main lodge on the property features mantels imported from European castles, and listing agent Brian Smith said most of the furniture — made on site by French builders — would be included in the sale. The ranch, known as Westlands, comes with a 19,000-square-foot main house, a helipad, helicopter hangar, four-hole golf course, swimming pool, tennis court, guest cabins, and staff buildings. The main house has five bedrooms on the upper level, including the master suite, library, a great room and a dining room. This website uses cookies to improve your experience. Take a look inside the billionaire's sprawling new ranch. The tennis court is built right next to it as well.

He built the main house, the four-hole golf course, swimming pool, tennis court, helipad, helicopter hangar, two guest cabins, a carriage house, and multiple other building facilities for staff and horses, according to the Journal. Elk Island Ranch is located in the heart of Colorado ski country, approximately 55 miles to each of five major ski resorts – Steamboat, Winter Park, Breckenridge, Keystone, and Copper Mountain. Account active The potential buyer? "With its many pools, islands and confluences, this fishery is completely private that likely could not be duplicated in todays world," reads the listing. It's about an hour's drive from Aspen, the most expensive ski town in the US. Head down to the wine cellar on the lower level and then enjoy the theater, game room, hot tub, sauna, massage area and steam rooms. Sign up for Insider Life.

Step inside 'Billionaire Mountain,' the wealthy Aspen enclave where the Bezos and Dell families own sprawling mansions and homes go for as much as $49 million, The former NYC mayor and former presidential candidate is, He purchased the property from private equity billionaire Henry Kravis of. © 2020 Forbes Media LLC.

107 on the Forbes 400 and No. The home also has a private theater and a wine cellar.

By continuing to use the site, you accept our Privacy Policy and Cookie Policy. That company is newly formed and has an incorporation date of Oct. 18, 2019. The sale closed on April 14, per the Journal. Beutiful setting but the decor inside is awful! Healthpeak Properties, a real estate investment trust based in Irvine, Calif., announced Tuesday in its third-quarter earnings report that it has chosen Denver over Nashville and Dallas for its new corporate headquarters. Kate Tracy is a BusinessDen reporter who covers startups, residential real estate, fitness and the outdoors industry.

“Mr. In fact, Norman purchased the land for his ranch from Kravis. The ranch, known as Westlands, comes with a 19,000-square-foot main house, a helipad, helicopter hangar, four-hole golf course, swimming pool, tennis court, guest cabins, and staff buildings. Post was not sent - check your email addresses! Within its 4,603+/- deeded acres is perhaps the best private river fishing in the mountain states, excellent big game hunting, bird hunting, an exquisite owners home and guest quarters, extensive support buildings, four hole Greg Norman designed golf course, tennis court and immaculately maintained grounds. And that's just a sliver of his real-estate portfolio, which includes tens of millions of dollars worth of property in New York City, the Hamptons, upstate New York, London, Bermuda, and Florida. Most of the home’s furniture is included in the purchase price. The 4,600-acre property includes five miles of the White River that contains trophy trout, in addition to private big-game hunting and a four-hole golf course designed by internationally known golfer Greg Norman. Click below to get started on your search. The 19,000-square-foot lodge has five bedrooms upstairs, and includes a wine cellar, theater, hot tub, sauna and steam rooms. In addition, Greg Norman designed the four-hole golf course located on the property along the White River. All cash and one who would probably use the ranch as a retreat to escape the pressures of that billionaire lifestyle. Bloomberg's other properties include a Park Avenue condo; a $20 million house in the Hamptons; a waterfront home in Bermuda; a seven-bedroom townhouse and an apartment in London; two properties in New York's Westchester County; an equestrian compound in Florida; and a condo in Vail, Colorado. It’s a spacious 19,000 square feet is punctuated by soaring open log ceilings and rafters and oversized fireplaces throughout. Bloomberg made the purchase about six weeks after ending his presidential campaign. A leading-edge research firm focused on digital transformation. Private equity king Henry Kravis' White River Valley Colorado ranch, “Westlands,” is up for sale for a cool $46 million. Billionaire investor lists Westlands, his mammoth Colorado playground in the White River Valley for a whopping $46 million. Westlands is one of Colorados premier mountain recreational and retreat properties. I follow the ups and downs of real estate markets around the country just for the fun of it. Known as Westlands, the sprawling property was sold for about $44.8 million April 14 to Westlands LLC, which lists its business address as that of a New York City law firm, according to county real estate records. Billionaire investor lists Westlands, his mammoth Colorado playground in the White River Valley for a whopping $46 million.

Mike Bloomberg, the former New York City mayor and former presidential candidate, has dropped $44.79 million on a Colorado ranch, Katherine Clarke reported for The Wall Street Journal.

The comments below have not been moderated. I’ve chronicled investors who have made millions during the boom years and then lost millions when the bubble burst from California to Hawaii to Washington DC. The ranch, known as Westlands, is located 23 miles southeast of Meeker. In addition, the ranch has a helipad, helicopter hangar, tennis court and swimming pool. The ranch also has options for additional outdoor activities including the private golf course designed and played by Australian golf pro Greg Norman, nicknamed 'The Shark. There’s five miles of private fly fishing on both forks of the White River, recognized as some of the best fishing in the country. I have covered the business of real estate (both residential and commercial) for over twenty-five years. The New York billionaire, who's worth $56.2 billion, bought the 4,600-acre property from Wall Street titan Henry Kravis, who cofounded private equity firm KKR. She’s been a reporter since 2012, focused on criminal justice.

You may opt-out by. Within its 4,603+/- deeded acres is perhaps the best private river fishing in the mountain states, excellent big game hunting, bird hunting, an exquisite owners home and guest quarters, extensive support buildings, four hole Greg Norman designed golf course, tennis court and immaculately maintained grounds.

GET BREAKING NEWS IN YOUR BROWSER. 107 on the Forbes 400 and No. Kravis has made major improvements over time and invested a significant amount into the land, the White River and the infrastructure. Meet BruMate’s Dylan Jacob, the 25-year-old founder of Colorado’s fastest-growing company, Following kickback claim, Amazon scrutinizes Northstar CEO’s assets, including Cherry Hills mansion and private jet, State agrees to alternative measures after strip club lawsuit over 25-foot requirement, City-sanctioned homeless encampment proposed for Denver Coliseum parking lot, Update your browser to view this website correctly.

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The Westlands ranch, located outside of Meeker. I spent 12 years in the Forbes Los Angeles bureau reporting and.

The history of Westlands as a destination for hunters and fishermen goes back to when Theodore Roosevelt himself hunted and fished from the ranch and in the surrounding region.

In addition to Forbes, I have penned real estate articles for; Entrepreneur, Washington Times, Kiplinger Personal Finance, Hemispheres, Estates West, Palm Springs Life, Hawaii Investor and the California Association of Realtors. Westlands Ranch Situated along Colorado's White River, the Westlands Ranch is a billionaire's backcountry playground. The grounds also include a swimming pool, carriage house and ranch outbuildings for staff and horses. The ranch's facilities include a 19,000-square-foot main house, a helipad, helicopter hangar, four-hole golf course, swimming pool, tennis court, guest cabins, and staff buildings. By continuing to use the site, you accept our. He spent about $500 million of his own fortune on the bid to become the Democratic presidential nominee.

Here's how he makes and spends his $50 billion fortune. Kravis bought Westlands in 1991 for $5.5 million and spent nearly 30 years developing the land. Known as Westlands, the 4,600-acre property is over 20 miles southeast of the town of Meeker, and more than an hour’s drive from the resort communities of Aspen and Vail. Update my browser now. The surrounding area is mostly public land managed by the state or federal governments. I spent 12 years in the Forbes Los Angeles bureau reporting and writing about as I call it, Adventures in Real Estate.

The four-hole course is laid out by the river with a tee placed across a bridge linking to an island. executive producer reveals Alex Trebek spent final hours on a swing in his backyard with his wife Jean. Type your email address below and we'll send instructions on how to reset your password.

Greg Norman designed golf course by the White River.

Anxious buyers in metro Denver pushed up home prices to record levels in October and accepted increasingly unfavorable terms as they fought over a dwindling supply of homes, according to the latest Market Trends Report from the Denver Metro Association of Realtors. Michael Bloomberg buys $44 million northwest…, Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Twitter (Opens in new window), Click to email this to a friend (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Tumblr (Opens in new window), Submit to Stumbleupon (Opens in new window). 365 on Forbes’ Billionaire list has owned the 4,600-plus-acre ranch since 1991.

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