200-Acre Colorado Ranch Heads to Auction With No Reserve

A 200-acre Colorado ranch at the base of the La Plata Mountains is hitting the auction block this week.

The Ute Junction Ranch in Durango, was listed for $20 million in March 2021, but it will be auctioned with no reserve, meaning that it will be sold to the highest bidder. The sale will be held in person on the property on May 6 via Platinum Luxury Auctions.

Within the sprawling property comprising five contiguous parcels, there is a main residence, a guest house, a guest cottage, two barns with storage for cars and equipment and a horse barn with fenced pasture.

The property is owned by the Mooney family, whose patriarch, Ed Mooney, Jr., spent a long career at Nalco Chemical Company, a firm that currently has over $2 billion in annual revenue.

Built in 2012, the main residence was designed by Phillip Liederbach of Chicago’s Liederbach & Graham Architects. Mansion Global couldn’t determine how much the Mooney family paid for the initial property or when the transaction happened.

Spanning 16,000 square feet, the main residence has seven bedrooms, seven full bathrooms and four half bathrooms. The home includes a gourmet kitchen, a temperature-controlled wine room and an elevator. There are six fireplaces, providing a cozy mountain-home feel.

“The quality of the house itself is spectacular,” Trayor Lesnock, founder and president of Platinum Luxury Auctions, told Mansion Global. “Everywhere you look where you could have done something cheaper with a lesser finish, they did not do that. They did [the construction] the complicated, expensive, high finish way.”

The guest house spans 2,700 square feet, and features three bedrooms and two bathrooms. The 1,700-square-foot guest cottage also has an additional three bedrooms and two bathrooms, and both guest properties have attached two-car garages.

More: A Sprawling $72 Million Waterfront Hamptons Estate Is Headed to the Market

The property is surrounded by paved drives with snowmelt systems and multiple ponds according to the listing. It is also fenced and cross-fenced, making it suitable for horses, cattle and other livestock. There is an abundance of water with three permitted wells, two water taps and two lined ponds.

The property is approximately 10 minutes away from downtown Durango and around 20 to 30 minutes away from Purgatory Ski Resort.

Even though Durango hasn’t been as popular as other mountain towns like Aspen, it has some very wealthy residents, and more people are discovering it, according to Mr. Lesnock. “It is very much a small mountain town with a central downtown area with a couple of busy streets and some great restaurants and shops.”

Interested buyers can register for the auction until Thursday through Platinum Luxury Auctions’ website.


Leave a Reply

%d bloggers like this: