New Mexico’s River Ranch, akaEstancia del Rio — which is built on 1,000 acres once owned by fashion designer (and Santa Fe native) Tom Ford — is on the market for $8.95 million.
It first hit the market for $12 million in 2019.
The four-bedroom, 4½-bath steel-and-concrete home at 411 Mesa Prieta Road in Youngsville is 4,500 square feet.
It was built, along with additional casitas, around 2011 to 2012 “to take advantage of the pink and red hills and valley of the Piedra Lumbre land grant,” made famous by artist Georgia O’Keeffe, notes the listing.
Ford owned the land before he bought a bigger and “more glamorous” ranch, known as Cerro Pelon, which sits on 20,662 acres and is anchored by a modern concrete home with glass walls and a reflecting pool, designed by Pritzker Prize-winning architect Tadao Ando.
Ford first listed Cerro Pelon, in the Galisteo Basin just outside of Santa Fe, for $75 million in 2016, before selling it last year during the pandemic, when it was last asking $48 million, said broker Clayton Orrigo of Compass, who repped the buyer. That property was also used to film movies like “Silverado,” “All the Pretty Horses” and “Thor.”
The seller of Estancia del Rio is Fred Haas, a musician, philanthropist and horse owner, who says he is selling because he needs to be closer to Santa Fe for his horses.
“I love it here and bought it for the peace and quiet, to just be in nature and as a get away. It’s so beautiful, I hate to sell it,” Haas told Gimme Shelter.
Estancia del Rio is also near Ghost Ranch, a beloved ranch in the southwest, made famous by O’Keeffe, who painted the Cerro Pedernal mountain next to Estancia del Rio. “She called it her mountain, and you can see it from my doorstep,” Haas said.
The property is made up of two separately deeded 500-acre tracts and borders Carson National Forest and the Chama River Canyon Wilderness area.
The listing broker is Gary Bobolsky, of Sotheby’s International Realty.