The roughly 4,600-acre ranch, known as Westlands, previously belonged to Henry Kravis, the cofounder of private equity firm KKR & Co. Inc. Public records indicate that the deal closed in the middle of April, about six weeks after Bloomberg announced he would be dropping out of the presidential race. The ranch, known as Westlands, comes with a 19,000-square-foot main house, a helipad, helicopter hangar, four-hole golf course, swimming pool, tennis court, guest cabins, and staff buildings. Mike Bloomberg ended his run for president in March, and closed on the ranch in April. Jared Polis Extends Face Mask Mandate In Colorado For Another 30 Days. The home also has a private theater and a wine cellar. The billionaire businessman recently paid $44.79 million for a Colorado ranch located about an hour’s drive from Aspen, the Wall Street Journal reports. ©2020 CBS Broadcasting Inc. All Rights Reserved. Originally Appeared on Architectural Digest, Top Justice Department vote crimes prosecutor steps down in protest of Barr's directive. We are having some technical difficulties. All rights reserved © 2020 The Real Deal is a registered Trademark of Korangy Publishing Inc. Kravis initially bought the property for about $5.5 million in 1991 and built the main house, pouring many more millions into developing the rest of the land over the last three decades. The New York billionaire's main residence is a five-story Manhattan townhouse that he bought in 1986 for $3.5 million. The ranch also has a swimming pool, a four-hole golf course, a tennis court, a private helipad, and equestrian facilities. Bloomberg bought the roughly 4,600-acre ranch in northwest Colorado from Henry Kravis, co-founder of private equity giant KKR. You also have the option to opt-out of these cookies. Bloomberg’s other properties include a townhouse on the Upper East Side and homes in London and Bermuda. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. Known as … Photos of the interior reveal chandeliers made of antlers hanging from cathedral-style high ceilings and floor-to-ceiling stone fireplaces in the living room. When he suspended his campaign after Super Tuesday, Bloomberg had 44 pledged delegates after having spent $550 million. Kravis listed the sprawling estate last year for $46 million. The 4,600-acre site is called “Westlands,” and according to The Denver Post contains areas for fishing and hunting, a four-hole golf course and a tennis court. Architectural Digest may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Bloomberg has already owned property in Colorado for years. The former presidential candidate quietly bought a 4,600-acre ranch in Colorado last month for $44.79 million, according to the Wall Street Journal. Subscribe to Colorado Politics today! © 2020 Condé Nast. Bloomberg dropped out of the race for the Democratic nomination for president in March. At least 20 sweeping, ultra luxury estates were on the market last year asking over $20 million, according to the Journal. The ranch brokerage declined to comment for this article. "With its many pools, islands and confluences, this fishery is completely private that likely could not be duplicated in todays world," reads the listing. This $100 Million Colorado Ranch Is Larger Than New York City It took 25 years for the Boeddeker family to complete their 224,000 acre retreat—and now it's up for grabs. Jual Mobil-mu Sekarang, Langsung Kami Bayar! At the end of his last term as mayor, Bloomberg spent at least $1.7 million renovating the home. You can be in the know right alongside Colorado’s political insiders. 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Known as “Westlands” and located about an … MEEKER, Colo. (CBS4) – Former New York Mayor Mike Bloomberg has purchased a huge ranch in northwestern Colorado. And that's just a sliver of his real-estate portfolio, which includes tens of millions of dollars worth of property in New York City, the Hamptons, upstate New York, London, Bermuda and Florida. — New York City’s billionaire former mayor Michael Bloomberg appears to have planted a flag in western Colorado with the $44.79 million purchase of Henry Kravis' Westlands Ranch… You have permission to edit this article. GO back to NY you LIBERAL PIG! The 4,600-acre site is called “Westlands,” and according to The Denver Post contains areas for fishing and hunting, a … The former presidential candidate bought the property 6 weeks after dropping out of the race, Michael Bloomberg and the Westlands in Meeker, Colorado (Credit: Bloomberg by Toni L. Sandys/The Washington Post via Getty Images). Click through the gallery above for a look inside the billionaire's sprawling new ranch. Updated May 6, 2020, 9:49am MDT New York City’s billionaire former mayor Michael Bloomberg appears to have planted a flag in western Colorado with the $44.79 million purchase … The “compound” is 20 minutes from Meeker, although it is “even closer if you go by helicopter and land on the on-site helipad.” The median home price in Rio Blanco County is $238,509. May 7, 2020 at 1:33 p.m. Former New York City mayor and billionaire Michael Bloomberg bought a $44 million ranch in northwest Colorado last month, according to … Please Allow Javascript and reload this page. It is mandatory to procure user consent prior to running these cookies on your website. The property was listed for $46 million by Brian Smith of Hall and Hall. Billionaire Michael Bloomberg reportedly bought a 4,600-acre Colorado ranch after he dropped out of the race for the Democratic nomination for president. The ultimate resource for design industry professionals, brought to you by the editors of Architectural Digest. The former New York City mayor bought the property from Henry Kravis, the co-founder of private equity giant KKR. Former New York City Mayor Michael Bloomberg bought a $44.8 million ranch and home in Rio Blanco County, The Wall Street Journal reports. These cookies will be stored in your browser only with your consent. For full functionality of this site it is necessary to enable JavaScript. MEEKER, Colo. (CBS4) – Former New York Mayor Mike Bloomberg has purchased a huge ranch in northwestern Colorado. Uncrate, the “leading buyer’s guide for men,” notes that the 19,000-square-foot home also comes with two guest cabins, a carriage house and a log home. The roughly 4,600-acre ranch, known as Westlands, previously belonged to Henry Kravis, the cofounder of private equity firm KKR & Co. Inc. Public records indicate that the deal closed in the middle of April, about six weeks after Bloomberg announced he would be dropping out of the presidential race. The estate, known as Westlands, was developed by KKR co-founder Henry Kravis over nearly three decades. Former New York City mayor Michael Bloomberg has his sights set on greener pastures. All rights reserved. But opting out of some of these cookies may have an effect on your browsing experience. Bloomberg closed on the ranch in mid-April, six weeks after ending his pricey presidential campaign and roughly a month into many state’s directives for people to stay at home. There was a problem saving your notification. 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