After Richard and Pamela Bard married in 1990, they wanted to purchase a home together.
Bard, who previously owned an Evergreen ranch, knew what he wanted: a castle in the woods. The realtor he worked with told him he would love Greystone Estate, but it just sold.
A few days later, Bard got a call saying the property was returning to the market.
“We agreed to look at it, and as we drove up the driveway, I thought, ‘We’re going to buy this.’”
The Bards purchased Greystone Estate, a former dude ranch, for $1.4 million in 1992 and have spent more than $10 million on renovations and upgrades.
They lived in the guest house for the first four years while renovating the 12,000-square-foot manor house from a hunting lodge into something more elegant for their family.
The couple added a 6,000-square-foot pavilion in 2001 for their daughter’s wedding.
Because his wife’s health necessitates relocating to a lower elevation, the couple listed the 55-acre gated property in September for $27 million with Stan Kniss of Fantastic Frank Colorado.
In addition to the manor house and pavilion, Greystone Estate includes a guest house, carriage house and barn, log cabin, pool house and a stone cottage.
The Bards also work from their estate. Richard Bard is the founder and managing director of Bard Capital, a family-owned investment company. Pamela Bard is the CEO and co-founder of Harmony 783, a shoe company.
The property can sleep about 30 people and has been used for charity events and business meetings.
“It’s had a lot of great uses for us over the years,” Bard said.
“What I love the most is the quiet. Get up every morning and go for a walk and hear nothing but birds and the occasional squirrel.”
Kniss said a group or single buyer could purchase the property.
“There’s a lot of potential,” he said. “It’s a completely unique environment with multiple structures. The end user could have a use for each one.”
Bard and his wife consider themselves the stewards of a historic property. While it could become a bed-and-breakfast or a corporate retreat, Bard hopes it sells to another family.
“The buyer needs to be someone like me of 30 years ago,” he said.
This story was reported by our partner BusinessDen.
Get more real estate and business news by signing up for our weekly newsletter, On the Block.
