A sprawling Colorado ranch owned by the Walton family just hit the market. Nestled amid a scenic alpine valley tucked into the peaks of the Front Range, about 30 minutes from Boulder and just outside the historic town of Nederland, the entire spread is asking a substantial $48.5 million. That includes several structures paired with a wealth of recreational pursuits, plus the notoriety of having once served as an 1880s mining base camp, an Arabian horse-breeding operation, and a recording site for legendary musicians ranging from Michael Jackson to Stevie Nicks.
“The rarity of the Caribou Ranch officially presented back to the market is just that: an incredibly rare opportunity,” says listing agent Jeff Buerger of Hall and Hall. “The true rareness of this property includes its location, accessibility, privacy, landscape, views, infrastructure, diverse topography, abundance of surface water, unique history, and overall physical features.”
As first reported by , the owner of the 1,700-acre spread is a Colorado-based LLC easily linked to Walton Enterprises, a family office of the Walton family. Widely known for their ownership of the Walmart retail empire founded by the late Sam Walton in the early 1960s, the Waltons have an estimated combined net worth of around $267 billion, per , which makes them one of the world’s richest families.
Encompassing multiple parcels, the vast ranch has a dated two-story main home of 9,133 square feet with three bedrooms, two baths, stone fireplaces, a front porch, and a walk-out basement. There also are five guest cabins measuring in size from 554 square feet to 3,126 square feet, as well as a six-bedroom lodge with a gathering space, two horse barns, and a couple of equipment buildings.
Also on the grounds is an abundance of wildlife, including moose, deer, turkeys, mountain lions, black bears, and elk, along with access to outdoor activities like hiking, horseback riding, and fly fishing in numerous streams and ponds. Upping the appeal, per the listing, is the opportunity to build on 10 acres of the ranch’s mostly conservation easement-protected land with approval from Boulder County.
Though Buerger declined to confirm the owner’s identity in an article by , he did say his client purchased the land for his family’s use, and now that his children are grown, it’s time to sell. “For my client, it’s family first,” he said. “They’ve enjoyed it, but that phase of their life is moving on, and so are they.”
Credit : robbreport.com