The property was remote when former TW Telecom president and CEO John Blount bought 132 acres near Castle Rock for $3.3 million in 2007.
Since then, Castle Rock has expanded to surround it.
Blount, who calls the property the B5 Ranch, listed it for $8.5 million in June, hoping a new owner would keep it as a ranch and consider it a legacy property.
“They feel like it’s an oasis in the middle of a bustling community,” said listing agent Elaine Stucy with LIV Sotheby’s International Realty.
The ranch went under contract in days and closed on Aug. 31 for $7.8 million, a record for Castle Rock.
Josh O’Connell with Compass-Denver represented the buyers, listed in public records as 2BR LLC. The buyers plan to live in the home as a family, stable their horses and graze a herd of cattle, Stucy said.
The ranch includes a 10,425-square-foot mansion with six bedrooms and eight baths. The property also has a guest house, pool, hot tub, tennis court and skeet shooting range.
The Blounts recently remodeled the home and feels like it belongs in Aspen or Vail, Stucy said.
The 132-acre property includes more than 1,000 pine trees and an Aspen grove.
The property was remote when former TW Telecom president and CEO John Blount bought 132 acres near Castle Rock for $3.3 million in 2007.
Since then, Castle Rock has expanded to surround it.
Blount, who calls the property the B5 Ranch, listed it for $8.5 million in June, hoping a new owner would keep it as a ranch and consider it a legacy property.
“They feel like it’s an oasis in the middle of a bustling community,” said listing agent Elaine Stucy with LIV Sotheby’s International Realty.
The ranch went under contract in days and closed on Aug. 31 for $7.8 million, a record for Castle Rock.
Josh O’Connell with Compass-Denver represented the buyers, listed in public records as 2BR LLC. The buyers plan to live in the home as a family, stable their horses and graze a herd of cattle, Stucy said.
The ranch includes a 10,425-square-foot mansion with six bedrooms and eight baths. The property also has a guest house, pool, hot tub, tennis court and skeet shooting range.
The Blounts recently remodeled the home and feels like it belongs in Aspen or Vail, Stucy said.
The 132-acre property includes more than 1,000 pine trees and an Aspen grove.