Demand is slowing, they say, for uber-luxury real estate, but nevertheless an energy executive recently elevated to the Forbes billionaire ranks has purchased what is written up as the most expensive house sold so far this year.
The Ranch, purchased for $46.5mm, is on 3500 acres near Pagosa Springs, Colorado.
It had been listed for $88mm two years ago and price was lowered to $68mm.
Landscape views are fabulous with lakes, mountains, ponds, and greenery. Lots of room here to wander, enough for a lifetime.
