Christie’s International Real Estate, the world’s leading luxury real estate network – with its exclusive Affiliates Walt Danley Realty in Scottsdale, Arizona, and PureWest Real Estate in Bozeman, Montana – together announce a most innovative marketing venture, the sale of two ranches as a single “Cowboy Lifestyle” offering. This “new class of experiential real estate,” conceived by owners Morton and Donna Fleischer, packages the two ranches to give their new steward a full immersion into the experience of the storied U.S. West, both Old and New.
The Wall Street Journal published a feature on these two exquisite ranches which you can read by clicking here.
Mr. Fleischer is renowned in financial circles for conceiving and selling more than 20 real estate companies and was the first to envision Real Estate Investment Trusts (REITs) as opportunities for single tenant restaurant real estate, which was considered a risk at the time but has proven highly successful since. He is currently a founder and chairman of STORE Capital Corp., a Scottsdale-based REIT with $6.3 billion in assets, for which a unit of Warren Buffet’s Berkshire Hathaway group invested $377 million last year for a 9.8 percent stake. STORE is the third Fleischer-founded company that has been traded on the New York Stock Exchange. He and his team sold Franchise Finance Corporation of America to GE Capital in 2001 and sold Spirit Finance Corporation to a private investor consortium in 2007.
Says Mr. Fleischer: “I grew up watching Roy Rogers and John Wayne on the silver screen. The Code of the West – where your word is your bond – came to define my business ethics and my life. My Midwestern childhood was right out of Mark Twain. As a serial entrepreneur, however, I became immersed in Wall Street. It soon became clear to me that if I wanted to live to be an old man, I needed escapes and to keep my soul close to the land and borrow freedom by living a diversified western lifestyle. This is the reason these two ranches belong together. I am confident that corporate executives worldwide will relate to this.”
The Arizona ranch, MorDo, representing the New West, is 20 minutes from Scottsdale, with the Southwest’s premier shopping, dining and entertainment districts. The ranch comprises nearly 100 acres with a grand Estancia home styled in the Argentinian tradition with an open floor plan and outdoor courtyards, perfect for entertaining. The four-bedroom, six-bath estate has easily hosted at one time 300 guests – from cowboys to congressmen – and is further appointed by these amenities:
In addition to shopping and dining, Scottsdale also offers numerous internationally recognized golf courses and world-class health care. Just minutes in the other direction is Tonto National Forest with nearly unlimited number of horse-riding opportunities where another person may not come into view for days.
The Montana ranch, Horse Thief Basin, is a throwback to the Old West and located outside the quaint town of Lewiston, reminiscent of a Western movie set. The sprawling 7,000-acre parcel is grounded by a majestic log home as homage to the American West. The 8,000-square-foot residence offers three bedrooms; three full baths and two half-baths, plus a steam room and sauna, with no detail overlooked. There are also two guesthouses on the property, each with two bedrooms and two baths, in addition to a six-stall barn and numerous corrals. Over the years, the Fleischers added to the ranch and eventually amassed approximately 7,000 acres of prime Montana land. The land includes:
Says Rick Moeser, Executive Director of Christie’s International Real Estate: “What brings these properties to life for me is how the Fleischers displayed their art. The Arizona ranch has a dedicated building, the Art Museum, to display their collection of California Impressionism and Russian art. Mort often uses the Arizona Museum as his office space so he can work while enjoying their paintings. Their Western collectables of vintage saddles, spurs, chaps and rifles are on display throughout the ranch. I find it ingenious how art is so much a fabric of their Old and New West lifestyle.”
“This is a four-season opportunity to enjoy the full ranching lifestyle,” said Walt Danley, president of Walt Danley Christie’s International Real Estate. “Both ranches, which took years to assemble, have top-flight management and equipment in place, and unparalleled living quarters. The next owner needs only to move in to enjoy this lifestyle.”
“The American West resonates globally and it is never too late for anyone to become a cowboy,” said Jim Toth of PureWest Real Estate. “Horse Thief Basin was hand-picked with great care to assemble Montana’s premium land parcels into one ranch. It is a once in a lifetime opportunity.”
Adds Mr. Fleischer, who at 81, says that the “Cowboy Lifestyle” helped to extend his active life span: “Owning both MorDo and Horse Thief Basin—the luxury and convenience of the New West and the cultural legacy of the Old West—affords the opportunity to own sanctuary and respite. Even when you aren’t in either place, just knowing they exist and that they always await clears a mental space that makes the challenges of the day seem smaller and more manageable. This opportunity isn’t just the chance of a lifetime, it’s the chance for a lifetime.
About Walt Danley Realty
Walt Danley Christie’s International Real Estateis one of the nation’s most prestigious and successful luxury real estate firms, specializing in Phoenix-area’s most affluent neighborhoods. Arizona’s exclusive affiliate of Christie’s International Real Estate, Walt Danley Realty has assembled a growing team of real estate specialists with a combined sales volume of over $3 billion. Walt Danley Realty has earned a reputation as the premier luxury real estate firm in the state by combining profound market knowledge, expertise, and the largest inventory of million-dollar estates within Arizona. For more information, call 480.991.2050 or visit waltdanley.com.
About Pure West Real Estate
There’s a reason PureWest has a reputation for real estate excellence, professionalism, and cutting-edge market savvy. A Christie’s affiliate, PureWest is a premier real estate concierge brokerage specializing in prestige properties. We are dedicated to being the leading luxury real estate brand in the state. This is apparent in everything we do, from the quality of our properties to the integrity of our interactions. We are here to bring your wildest Montana dreams to life, down to the very last detail. Our agents and brokers have years of successful experience in buying and selling prestige properties, knowledge of the marketplace, and a deep passion for these beautiful lands and communities. Once imagined, the Montana lifestyle is a dream that will stick with you. Our promise is to help you make it real.
About Christie’s International Real Estate
Christie’s International Real Estate has successfully marketed high-value real estate around the world for more than 30 years. Through its New York City brokerage and invitation-only Affiliate network spanning 49 countries, Christie’s International Real Estate offers incomparable services to a global clientele at the luxury end of the residential property market. The company has offices in London, New York City, Hong Kong, Moscow, Los Angeles, and Palm Beach, and its affiliated brokerages have recorded approximately US$500 billion of real estate transactions over the last five years. (Data as of June 30, 2018). For additional information, please visit www.christiesrealestate.com.