$15 million ranch near Kremmling tops Grand estate sales in 2021

GRANBY — In the final month of the year, the $15 million sale of the Aspen Grove Ranch marks the biggest real estate transaction this year for Grand County.

Inside the Grand River Ranch neighborhood near Kremmling, Aspen Grove Ranch sits on 350 acres, with three home sites spread over 24,400 square feet. The property was purchased for $15 million on December 15 by Don Davis after being put up for sale for $19 million in September.

It was previously owned by Starz Entertainment founder John Sie and his wife Anna, who bought the home in 1999 for $24.3 million, according to the Grand County Assessor’s office.

The Aspen Grove Ranch residence is divided into a main staging area, an owner’s wing, and a guest residence. The main residence has six bedrooms with their own bathrooms, additional bathrooms, a stone wine cellar, a western style bar, a huge fireplace, a cinema room, two automatic bowling alleys and a children’s stage and changing room.

The guest residence is comprised of four bedrooms with their own bathrooms connected to the main residence by an enclosed deck or hallway at ground level.

Designed by architect Jon Gunson, the house features dead trees for design and structural elements. Gunson’s design focused on enhancing views of the surrounding Gore and Williams Fork mountain ranges and the vast valley below.

The landscaping of the property includes cascading waterfalls, ponds, a covered bridge and stone terraces.

As part of Grand River Ranch, the owner also enjoys neighborhood perks, such as guided horseback riding and fly-fishing trips on the Colorado River.

A 2021 appraisal of the property valued it at $11.1 million.

The $15 million sale does not break last year’s $30 million record from another ranch in Grand River Ranch, but still more than doubles the biggest sale in 2019. The top deal this year was a $6.2 million home at C Lazy U Ranch outside Granby , which was called an anomaly in the market at the time.

Based on data from the Grand County Board of Realtors, there were 16 sales of properties selling for more than $2.5 million this year, compared to 13 sales in that price range in 2020.

Previous The shock of development and conservation at Komodo National Park
Next Memorable North Fork real estate sales in 2021