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Golfer Greg Norman Relists Colorado Ranch for $55 Million

The Great White Shark is also selling his Jupiter Island, Fla. home for $55 million.

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Greg Norman is listing Seven Lakes Ranch, which is located about 130 miles from Aspen in the remote White River Valley.

PHOTO: BRENT MOSS
Greg Norman is listing Seven Lakes Ranch, which is located about 130 miles from Aspen in the remote White River Valley.
PHOTO: BRENT MOSS

Retired professional golfer Greg Norman seems to have a favorite number. In addition to asking $55 million for his home in Jupiter Island, Fla., he’s also relisting his Colorado ranch for $55 million.

Actually Mr. Norman has put the Meeker, Colo., property, called Seven Lakes Ranch, on the market for $55 million several times; it was most recently listed in 2011. While he joked that 55 is his “lucky number,” he said the matching prices are a coincidence and were both based on comparable sales in their respective markets.

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Moreover, he said his prior attempts to sell the ranch weren’t “serious.” “Now, it’s a different story,” he said.

FRAN PARENTE

The world’s former No. 1-ranked golfer, nicknamed the Great White Shark, said he is selling because “I’ve made the decision to move on to other things in life.” He added that he’d eventually like to move back to his native Australia. “My blood is there and my family is there. I would eventually like to go home.”

Spanning approximately 11,600 acres, the ranch is located about 130 miles from Aspen in the remote White River Valley, local agents said. The ranch includes a roughly 14,000-square-foot main house with eight bedrooms plus staff quarters and 11 other residences, including cabins, guesthouses and staff quarters. There is also a restored 1800s dance hall, a fitness center and a skeet shooting course as well as equestrian facilities, barns and other ranch buildings.

In addition to the lakes that give the property its name, the ranch has about 2 miles of frontage on the White River, which is popular for fly fishing, according to listing agent Steven Shane of Compass. The ranch is being sold with the furniture, livestock and equipment included.

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Mr. Norman, 61, said he first purchased property in the area in 2000, when he bought a roughly 8,300-acre hunting parcel. In 2004, he bought Seven Lakes Lodge and the adjacent Pollard ranch for $16 million from financier Henry Kravis and combined the three properties.

The market for trophy ranches in Western Colorado has been slow in recent years, according to Joshua Saslove of Douglas Elliman Real Estate, who is listing the roughly 800-acre Four Peaks Ranch in Old Snowmass for $56 million, down from $75 million in 2013. “There’s a lack of activity in general in this part of Western Colorado for large ranch properties,” he said.

Mr. Norman with wife Kirsten Norman. The retired professional golfer said he’d eventually like to move back to his native Australia.

FRAN PARENTE

Mr. Shane, the listing agent, said he knows of high net worth buyers in the area and said “there’s always going to be a market for the best of anything.” He added: “This is the premier property in the area.”

Write to Candace Taylor at Candace.Taylor@wsj.com