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One of the World's Most Expensive Properties is for Sale in Colorado
May 15, 2020

One of the World's Most Expensive Properties is for Sale in Colorado

by The CE Shop Team

Pony Up For One of the World’s Most Exclusive Ranches

When it comes to the world’s most expensive pieces of real estate, what comes to mind? An ocean-view estate in Monaco? A penthouse in Singapore? A swanky London flat or a colonial mansion in the Hamptons? Well, add Colorado to the list, because as it turns out, one of the world’s most expensive and exclusive properties is right in our back yard, and it’s for sale. The West Creek Ranch, located in Gateway, Colorado can be all yours for a cool $249M.

Put up for sale by Discovery Channel founder John Hendricks, the property includes 8,700 acres of breathtaking Rocky Mountain scenery complete with views of the awe-inspiring red dirt canyons that make this part of Colorado unique. As for living space, the property features a massive 22,000 square-foot private residence with eight bedrooms, six fireplaces, four water features, an elevator, library, chef’s kitchen, formal dining room, theatre, art studio, gym, staff quarters, and a five-car garage with a helicopter pad.

But wait, there’s more, a lot more. The new owner will also enjoy the spoils of the Gateway Canyons Resort and Spa, which sports 72 rooms for guests, a staff of 130 personnel, a 400 square-foot observatory with a retractable dome roof, and of course, a classic car collection including an ultra-rare 1967 Shelby GT500, signed by the American motorsports legend Carol Shelby.

Image courtesy Barrett-Jackson.

There are over 50 cars in total, but the crown jewel of the collection is the 1954 Oldsmobile F88. Designed to compete with Corvettes of the era, intercompany politics at General Motors put the brakes on the F88 project. Thus, only four cars were ever produced and three were destroyed, meaning this is the only F88 in existence.

At the Barret Jackson Auto Auction in Scottsdale, Hendricks purchased the car for $3.3M, but many automotive historians will argue that the car isn’t just significant, it’s a priceless slice of Americana.

Not into cars? No problem, the property’s 2,800-foot grass landing strip and aircraft hanger will easily accommodate guests who prefer to travel by air. And of course, its equestrian amenities are up to par.

As expected, the property has been on the market for a few years now. However, should you happen to have some big-to-do friends and find a buyer for this elaborate estate, that’s a well over $7M commission. If that’s not an excuse to get into real estate, then we don’t know what is.

Gateway Canyons photo courtesy Moss and Fog.

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