What’s the Big Deal: Circle R Ranch in Woody Creek nets $12.75 million

The sale of Circle R Ranch closed for $12.75 million last week after being claimed at an auction in August.
Concierge Auctions/courtesy photo

“What’s the Big Deal?” runs Mondays and is based on the most expensive property transaction recorded in Pitkin County through 3 p.m. each Friday.

Price: $12.75 million

Date recorded: Sept. 19

Address: Circle R Road Woody Creek

Subdivision: Flying Dog Ranch/Circle R Ranch

Buyer: MM Rosemary Circle

Seller: Two Mile Ranches I and II LLC, Rosemarys Circle R Ranch West LLC, Rosemarys Circle R Ranch East LLC, Rocky Mountain Serenity Ranches I and II LLC

Features: The 244-acre ranch’s six homes combine to have 22 bedrooms and 23 bathrooms. Also included are historic cabins, a swimming pool, stables and horse facilities and a tennis court, among other amenities.

Worth noting: Last week’s closing came after the property sold at auction in August. The property was developed by brothers Sam and Charles Wyly in the early 2000s and initially went on the market for $59.5 million after Sam Wyly declared bankruptcy in 2015.