Property Location: Vicinity southwest corner Perry Park Blvd. & Highway 105, Larkspur, “Sandstone Ranch”
Property Description: Ranch
Land Size: 2,038 acres
Sales Price: $18.75M, or $9,200 per acre
Reception No.: 2018003933
Closing Date: 1/24
Grantor: AR Sandstone LLC by: Hearthstone Inc., David Brittain, SVP, 818-385-3698, or Mark Porath, CEO, 818-385-0005
Grantee: Douglas County Commissioners
Comments: Sold by Ken Mirr of Mirr Ranch Group, 303-623-4545. Sandstone Ranch will remain a working ranch, and trails will be added. The property sold in January 2006 for $22.5 million, and the seller was planning to develop 106 home sites.
Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.