Jeff Gordon, the NASCAR racing superstar, has reportedly given his ranch in Aspen, Colo., a discount and is now asking $10.5 million for the property.
The Wall Street Journal broke news of the pricechopper noting that Scott Davidson of Aspen Associates Realty Group is the listing agent.
Gordon listed the property more than a year ago for $12.5 million. This is not the first price cut for the ranch. It earlier saw the asking fall to $10.95 million before finally dropping to the current price.
The Journal reports that Gordon bought the ranch for $9 million in 2006 where he used to snowmobile with his friends. However, as life got hectic with marriage and kids, he doesn't spend as much time in the ranch as before. Therefore, he decided to sell it.
The listing is offering 1930.80 acres of land spread on two parcels at different elevations, The upper plot has 1,406 acres of land, while the lower one encompasses the other 524 acres. The ranch has water rights and is fully functional. It can be used for both equestrian or agricultural purposes.
"If you have driven around Missouri Heights, you have surely noticed this extraordinary ranch as it seems to remain green even in dry years because of its significant water rights," the listing says of the ranch.
"This is a ranch of many uses; raise horses and cattle, grow crops, hunt, endless recreational uses or even plan a development for the future. The views are dynamic. With no conservation easements currently in place on any part of the ranch, the sky is the limit-literally!" it adds.
Last year, Gordon listed a condo in Manhattan, New York City, for $30 million. The residence is currently off market. Listed with Halstead Properties that time, the 3,454-square-foot home has three bedrooms, three full and one half bathrooms all done up in modern architecture.
Gordon caught headlines Monday for getting into a fist fight with fellow racer Brad Keselowsk in the pit lane at the Texas Motor Speedway. Gordon was furious at Keselowsk for causing a crash at the end of the race, The Washington Post reported.
"It's [Keselowski's] disregard for what's going on out there. He does things that force his team to have to defend him like that. I mean it's a shame. ...He made an over-aggressive move. Those moves are fine if you've got a slamming, banging race. But he cut my left rear tire and that was it for me," Gordon was quoted for the publication.
Both racers could face fines.
