Telluride Properties is proud to announce the sale of the Historic Hughes Family Ranch located on Wilson Mesa near Telluride Colorado. The $12,000,000 sale involved the combination of two iconic properties for a total of 821 acres that include part of the original homestead claimed by the Hughes Family in the 1930’s. Held within the family for generations, this ranch represented one of the finest offerings ever to come to the market in the Telluride region. Graced by lush open meadows, canyons of aspen and spruce, dramatic 360 degree mountain views, and an array of wildlife; the ranch is only 16 miles from the charming resort town of Telluride, Colorado.
The Historic Hughes Family Ranch commanded the second highest sales price for land in the Telluride Region for 2012. Telluride Properties’ managing broker, Stephen Cieciuch (Chet-chu), represented the seller of one of the ranch properties and the buyer for both. A leader in the Colorado real estate community for 27 years, Steve has been involved in a myriad of complex real estate exchanges, but he describes this transaction as “one of the most creative and challenging deals I have ever put together… bringing several parties together for the collective enjoyment of one majestic ranch”.
A benchmark for the Telluride Real Estate market, the Historic Hughes Family Ranch was a gem in an already successful 2012, with dollar volume increasing almost 50% over 2011.