Colorado ranch boasting SEVEN homes including stunning stone ‘Hobbit House’ is listed for

An historic Colorado ranch boasting seven impressive homes has hit the market for a whopping $68 million. 

Spanning 245 acres across the countryside of Woody Creek in the Roaring Fork Valley of Pitkin County, Two Mile Ranch is a true legacy compound just 8 miles from Aspen.

The property’s new owners are being offered a once-in-a-lifetime chance to scoop up one of the area’s oldest ranches, dating back to the 1800s. 

Seven custom-built homes are included in the sale, which are each carefully crafted to complement the land they sit on. 

Two Mile Ranch is one of the last great ranches left in the area and includes an array of unparalleled natural features. 

Stunning views of surrounding pastures, mountains and local wildlife create a picturesque landscape from the balconies and windows of the seven dwellings. 

Each of the custom-built homes showcase a distinctive artistic aesthetic – and even hold their own specialized features. 

These include the main Estate House, the Bunk House, Craftsman House, The Cottage House – also known as the ‘Hobbit House’, Ranch Manager’s house, Aspen Lodge and Shepard’s Cabin – all which can be rented out to generate income. 

The five-bedroom Estate House is complemented with a pool and hot tub, accessible from the primary bedroom on the main floor. 

With bright interiors and gorgeous features such as a hand-carved bath tub, the heart of the ranch is found within this remarkable space. 

Credited as the ideal perfect place to relax, the aspen lodge boasts four bedrooms, four-and-a-half baths, an outdoor firepit and hot tub. 

The residence is equipped with an open kitchen and living room with both full-time or part-time living compatibility. 

Encompassing each element of the ranch’s signature style, guests will be left in awe. 

The cottage house has its own enchanting features, including a secret entrance to the library from the mudroom accessed by pulling a book off a bookshelf. 

While inside there’s three bedrooms and two-and-a-half baths, the architecture displays signs of extraordinary craftsmanship with its unique rock look and shape. 

Harnessing the charm of a classic ranch style, the Bunk House has two bedrooms, a sleeping loft and one-and-a-half bathrooms.

A deck is built off the living room to encourage a connection with the sweeping views outside. 

The Shepard’s Cabin, credited as the ranch’s ‘prize jewel’, is currently being used as a saloon and a game room. 

Located on the historic upper valley, Two Mile Ranch was originally owned by the Natal family who settled in the Aspen area in the late 19th century.

Douglas Elliman Realtor Raifie Bass said the listing is a once-in-a-lifetime chance to be a part of the ranch’s history. 

‘Two Mile Ranch is not just a property—it’s an exquisite living experience that harmonizes with its surroundings,’ said listing agent Bass. 

‘The blend of artistry, nature and luxury sets this ranch apart, offering an unparalleled opportunity for those seeking an exceptional lifestyle.’ 

The home’s previous owner, local investor Pat Scanlan, said new owners will have a chance to be a part of Two Mile Ranch’s history. 

‘The property is a precious glimpse into Aspen’s past, epitomizing the essence of legacy while preserving a cherished remnant of the Roaring Fork Valley’s ranch heritage,’ said Scanlan. 

‘Preserving the property held great significance to me. The 10-year vesting rights create a unique opportunity to construct 10,000 square feet of new space, which is a rare privilege.

‘Additionally, the thoughtful inclusion of conservation easements on the ranch and neighboring ranches will ensure the preservation of this idyllic landscape.’