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7-home Colorado compound on the market for $24.9M

The ranch offers world-class fishing, snowmobiling, four-wheeling, horseback riding, cross-country skiing and private-land hunting.
Credit: Compass Aspen

ASPEN, Colo. — Just up the road from Aspen is a prime piece of real estate with an asking price of $24.9 million.

Called 2 Mile Ranch, the property is home to seven houses with 22 bedrooms and 23 bathrooms across 244 acres. It was listed on Dec. 27.

Formerly known as Rosemary’s Circle R Ranch, the compound located at 3448 Woody Creek Road was last sold at auction in August 2018 for $12.75 million. It was developed by brothers Sam and Charles Wyly in the early 2000s and first went on the market for $59.5 million after Texas businessman Sam Wyly declared bankruptcy in 2015, according to The Aspen Times. It cost $790,000 to operate the ranch in 2014, according to a motion in the bankruptcy proceedings.

The property was purchased by a development group out of Dallas operating under the name MM Rosemary Circle, an LLC tied to the same address as Centurion American Development Group.

See photos and read more at the Denver Business Journal

Credit: Compass Aspen
Spread across the 2 miles of Woody Creek, that runs through the property, are seven homes.

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