Trending
![KeyBank sued over derailed $122M deal for Skims-leased Hollywood offices](https://static.therealdeal.com/wp-content/uploads/2024/07/Kingsbarn-sues-over-derailed-122M-deal-for-Skims-leased-Hollywood-offices_Main-150x94.jpg)
![“Not even distressed” rent-stabilized property sells for peanuts](https://static.therealdeal.com/wp-content/uploads/2024/07/ft_NY_Inwood-Rent-Stabilized-Sale-1-150x106.png)
![Fifth Avenue office tower owned by Mexican banking scion heads to special servicing](https://static.therealdeal.com/wp-content/uploads/2024/07/Fifth-Avenue-office-tower-owned-by-Mexican-banking-scion-heads-to-special-servicing-f-150x106.jpg)
![Tatiana Pino now owns Century Homebuilders after Sergio Pino’s death, her attorney says](https://static.therealdeal.com/wp-content/uploads/2024/07/ft_MIA_Tatiana-Pino-Century-Builders-Group-150x106.png)
Tom Ford sells Tadao Ando-designed estate in New Mexico
Fashion designer’s home was previously listed for $48M
![Tom Ford's Cerro Pelon Ranch. (Getty, Kevin Bobolsky Group)](https://static.therealdeal.com/wp-content/uploads/2021/01/tom-ford-new-mexico.jpg)
Fashion designer Tom Ford has reportedly found a buyer for the striking New Mexico ranch that he bought two decades ago.
Ford previously listed the estate, known as Cerro Pelon, in 2016 with a $75 million price tag, according to the Wall Street Journal. It’s since gotten several price cuts, and was last asking $48 million.
The buyer’s agent, Compass’ Clayton Orrigo, first posted about the sale on his Instagram account, but didn’t provide details on a final price. The listing agent, Kevin Robolsky, declined to comment.
There are several components to the enormous property: There’s a main house and equestrian facility, both of which were designed by Pritzker Prize-winning architect Tadao Ando in collaboration with design-build firm Marmol Radziner. True to form for Ando, the compound is a study in concrete, with an expansive wall of windows overlooking a large reflecting pool.
The over 20,000-acre estate also includes an Old West-style movie town that was built for use in the 1985 film “Silverado,” and has since been used as a location for “Wyatt Earp” and “Thor,” among other movies.
In Los Angeles, another Ando-designed concrete home in Malibu that has been on and off the market — it was last listed in the spring for $75 million — appears to have been pulled from the market again.
[WSJ] — Amy Plitt