Telluride — a place to ski, a place to hike and a place to live if you’re in the market for a $39.5 million home.
Actor Tom Cruise, popular for his roles in “Top Gun” and “Mission Impossible,” is selling his 11,512-square-foot home. The 320-acre property went on sale Friday.
The custom built house has four bedrooms and nine full bathrooms, along with two fireplaces, a three car garage, fitness center and a recreational area. In the guest house, there are three additional bedrooms.
The house was completed by Cruise in 1994, built with privacy in mind. There is a mile-long driveway going up to the house that Dan Dockray of LIV Sotheby’s International Realty estimates would be about $4 million to build in the present day.
“[The house is] almost invisible from other properties because of where it sits,” said Dockray. “Everybody that’s lived in Telluride knows where it is, but a lot of people haven’t seen the house because you can’t see it from anywhere.”
Seven years ago, Cruise tried to sell his property for $59 million, but it was never publicly listed. Dockray said it was only softly marketed.
“I think [Cruise] wasn’t ready yet, although I can’t speak for the seller’s reasons,” Dockray said.
Dockray is confident this house will be gone in the next three months. Not only is it priced well, Dockray says, but it is also appealing to buyers looking for a change in scenery.
With the pandemic, people have been freed up to work from virtually anywhere. Dockray said that instead of people staying for two weeks out of the year, it could be months given the remote work environment.
Additionally, people who live in compact urban areas don’t have as much to do during a pandemic. The mountains offer a lot of outdoor activities that may appeal to city folk.
“We’ve never actually seen a market this strong — high end, low end, whatever,” Dockray said. “It’s actually super incredible. … I think there’s that lifestyle shift that people are just becoming aware of.”
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March 16, 2021 at 07:00PM
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