Colorado’s Last Dollar Ranch—whose picturesque vistas have been used over the a long time to hawk Marlboro cigarettes and Budweiser beer—has bought for slightly below $17 million, in line with individuals with information of the transaction.
Situated on Hastings Mesa about 20 miles outdoors Telluride, the deal contains practically 700 acres, in line with Jeff Buerger of Corridor and Corridor, the real-estate agent who dealt with the off-market transaction. The ranch features a Victorian-style home, a barn and different buildings constructed to look as they’d have within the Outdated West. “They’re a step again in time,” Mr. Buerger mentioned.
Through the years the ranch has appeared in quite a lot of tv commercials, together with a 2005 Tremendous Bowl advert that includes the Budweiser Clydesdales having a snowball combat. “The Final Greenback Ranch is a really iconic place in Telluride,” Mr. Buerger mentioned. “Actually a whole lot of individuals will line up on the highway within the fall there to take photographs.”
The vendor was natural-gas govt Rod Lewis, who bought the Final Greenback Ranch at public sale in 2007 for $6.27 million, Mr. Buerger mentioned. On the time the ranch spanned 396 acres underneath a conservation easement, he mentioned, however Mr. Lewis bought further, unencumbered acreage through the years, bringing the present complete to roughly 700.