Tom Cruise’s Action-Packed Colorado Estate Lists For $50 Million

Tom Cruise’s Telluride, Colorado, estate—which is full of sports-oriented amenities befitting an action star—is returning to market for approx. $50 million.

This isn’t Mr Cruise’s first effort to sell: Seven years ago, he tapped a real-estate agent to market the property for around $76 million, though it was never publicly listed, according to current listing agents Eric Lavey of LIV Sotheby’s International Realty and his colleague Dan Dockray. “I’m not sure [Cruise] was ready to sell it yet,” Mr Lavey said.

Ultra-private, the roughly 320-acre property is located at the end of a gated mile-long driveway that is surrounded by a forest of Aspen trees. It borders a national forest on three sides and is a few minutes downtown Telluride. Located on a hillside, the property sits at an elevation that allows the owner to look down on planes arriving at the nearby airport, the agents said.

“Everybody knows who owns this property, but you can’t see it from almost anywhere,” said Mr Dockray.

Mr Cruise spent several years designing and constructing the native stone-and-cedar home, which was completed in 1994. Roughly, 10,000 square feet, the four-bedroom house is designed in classic mountain style, with wood-beamed ceilings, wood-panelled walls and stone fireplaces. There is also a three-bedroom guesthouse on the property.

The activity-oriented features include a large sports court, a dirt bike and snowmobile track and an extensive network of trails for hiking, snowshoeing and all-terrain vehicles. There is also a spa, an office and a three-car garage.

A spokeswoman for Mr Cruise didn’t respond to a request for comment on his reasons for selling. The listing agents said they believed the actor hadn’t used the house in quite some time. They noted that the market in Telluride has been extremely active over the past few months as a result of the Covid-19 crisis, with buyers coming in from major cities across the country.

“People sat down during this lockdown and said ‘What am i doing with my life? I want a better lifestyle,’” Mr Dockray said.

Mr Cruise, 58, has appeared in movies like “Top Gun” and the “Mission Impossible” franchise. He has recently been filming in Europe.

A Mid-Century Modern home in Carmel, California, hit the market on Friday for just the third time in 70 years with a listing price of $4.25 million.

Located in the community of Carmel Highlands, the house is just steps from the coastline and comes with private beach access, according to the listing with Tim Allen of Coldwell Banker Realty in Northern California. Allen was not immediately available for comment.

The property last changed hands in 2010 when Hollywood screenwriter Richard Outten bought it for $990,000, public records show. Outten penned the screenplays for the 1992 movie “Pet Sematary Two” and the 1987 film “Lionheart,” and created the story for the 2012 “Journey to the Center of the Earth” sequel, “Journey 2: The Mysterious Island.” He was not immediately available for comment.

Built in 1953, the home’s mid-century charm has been preserved over the years while still being updated for modern living. Interior details include wood paneling, exposed-brick walls and beamed ceilings.

The single-level house has 1,785 square feet, which includes three bedrooms and two full bathrooms. Though not directly on the water, large windows flanking the adobe-brick, wood-burning fireplace look out at the ocean.

Sliding glass doors create a seamless flow between indoor and outdoor living. Outside, there’s a large patio surrounded by lush landscaping, and there are also meandering paths through sustainable succulent gardens, according to the listing.

In addition to its close proximity to the beach, the home is a 10-minute walk from downtown Carmel-by-the-Sea.

As of July, the median list price in Carmel is $3.1 million, up 8% from last year, even as active listings have increased 50% year over year, according to data from Realtor.com.

Tom Cruise’s Action-Packed Colorado Estate Lists For $50 Million

The actor’s Telluride property is as action-packed as his films.

Owned by Richard Outten, who’s penned screenplays for films including “Pet Sematary Two” and “Lionheart,” this is only the third time the home has been on the market