Anti Virus Mogul McAfee - Woodland Park, Co Estate Up For Auction Again

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Real Estate Agent with Real Estate Showcase Photography

 

    McAfee Estate in Woodland Park, Co Goes Back on the Auction Block


In the spring of 2007, I had the opportunity to tour the 290 acre property and home of anti-virus mogul, John McAfee. OMG! What an amazing little homestead! John himself conducted the tour of Real Estate professionals prior to the auction in May that would result in the sale of the property for 5.72 million. A disappointment, surely, for McAfee, as bidding was to start at 15 million. Even so, it was the highest priced sale in the region. I was expecting to meet a "geeky" type guy that day. Instead, John McAfee was a well preserved 60 something in jeans, a white T shirt and boots. (Not that there is anything wrong with geeky, just not what in my mind's eye was expecting).

He spent a reputed 25 million to develop the property.

We toured the incredible 10,600 square foot home with 19 bedrooms , and of course, picturesque and to die for views of Pikes Peak. Fabulous and very old McAfee Mansion in Woodland Parkstatuary from places (now forgotten, sorry)  around the world graced the entry. We then followed in other vehicles as he toured us around the acreage. There were 3 guest homes, (one used as a yoga center), and nine cabins on the property. One of the cabins as I recall, was built precariously atop a rock outcropping. Looked a little difficult to get to!

The property sold in May of 2007 to 29 year old Chicago commodities trader, Jeffery Patrick Wu.  Mr. Wu  put the property back on the market in December of 2007 after he decided he was unable to spend as much time there as he had thought. I do know that there was some negotiating at one point from a potential buyer, a corporation, but I'm not aware of the reason that deal fell through. The property was listed at 8.9 million, and later reduced to 7.5 million. The estate will go on the auction block this time starting at a bargain price of 3.8 million on November 8. Pre-auction inspections are on November 1, and anyone wishing to bid on the property

must have in hand a $100,000 cashiers check.

Personally, I'm hoping whoever buys the estate does not do so with the intention of subdividing. To date, no one has consulted me for my opinion....;)


Debi's signtureThanks to Marti for the new Post Separator!


Buy a television set exactly like your neighbor's. Then annoy them by standing outside their window and changing their channel using your identical remote control.



Prudential Professional REALTORS, ASP REALTOR, Woodland Park Real Estate, Woodland Park Colorado 80863 – Serving the City of Woodland Park, Teller County, Ute Pass, and Park County since 1997.


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Rainmaker
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David Saks
Memphis, TN

What a bargain ! Sign of the times. Incredible deal for some fortunate buyer with the essential capital to close.

Oct 24, 2008 07:50 PM #1
Rainmaker
250,199
Debi Boucher
Real Estate Showcase Photography - Woodland Park, CO
"Realtor Showcase" - Real Estate Photography/Virtual Tours

David Saks - Real Estate Broker (The Real Estate Mart of Tennessee, Inc.)

Yep, a darn good deal! It'll be interesting to see who buys it next....I'll have to post an update when we find out.

Debi

Oct 24, 2008 08:13 PM #2
Anonymous
Anonymous

Wow, I have never seen that, or if I have I don't recognize it now.  Beautiful!  Funny, seems all the moguls that live in/have a "little place" in Colorado tend to adopt a "Colorado lifestyle look"... The scenery just invites that kind of casual cool...

I hope you have received your invitation to the RESA Round Table event, I am certain that the stagers attending would love a Realtors perspective on some of the issues!

Oct 24, 2008 09:05 PM #3
Rainmaker
250,199
Debi Boucher
Real Estate Showcase Photography - Woodland Park, CO
"Realtor Showcase" - Real Estate Photography/Virtual Tours

Hi Cheryl,

No, you haven't seen it. It's tucked back quite aways from prying eyes! Magnificent place. If you like that kind of thing. LOL

Don't believe I recv'd the invite - would it have come as an email? When is it?

Debi

Oct 24, 2008 09:41 PM #4
Anonymous
Anonymous

Hi Debi, responded with a personal e-mail, let me know if you need the link!

Cheryl

Oct 25, 2008 02:46 AM #5
Ambassador
1,245,716
Paul Henderson
RE/MAX Professionals. - Tacoma, WA
I always put my clients first in any transaction!

Debi, I have only toured one mega million dollar home in my career and it was astounding. But these visionaries that build these houses never build their homes for resale. Short sited as that may seem, the second owner should look at a bargain price. In any case wow!

Oct 25, 2008 11:07 PM #6
Rainmaker
250,199
Debi Boucher
Real Estate Showcase Photography - Woodland Park, CO
"Realtor Showcase" - Real Estate Photography/Virtual Tours

Paul Henderson (RE/MAX Professionals)

Paul, I suppose you're right. They're not thinking resale when they build them! Guess all that income creates a 'disposable' attitude to the loss....

Debi

Oct 26, 2008 10:11 AM #7
Anonymous
Todd Hudnall

Hi Debi,

 

I'm writing about the McAfee home.  Can I ask you a few questions?  Is it very far and hard to get to from the town of Woodland Park? Is there a larger room where meetings could be held for groups of a couple hundred people? 

Thank you,

 

Todd

May 07, 2009 02:24 PM #8
Rainmaker
250,199
Debi Boucher
Real Estate Showcase Photography - Woodland Park, CO
"Realtor Showcase" - Real Estate Photography/Virtual Tours

May 7, 2009

Hello Todd,

I do not know the current status of the property at this time - The auction was held on November 8, 2008, and it was my understanding that it did not sell. I have left the Real Estate business, and have not kept up with the happenings on the former McAfee property, so I do not know if it is still for sale -I can refer you to a reputable local Realtor if you'd like more information. You may email me with your contact information.

The property is about 5 miles or so from Woodland Park, and I believe that yes, there is separate building with room for meetings of large groups of people.

Debi

May 07, 2009 10:56 PM #9
Rainer
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Justin Chester
Help My Computer Please - Texarkana, TX

Nice house-lousy software

Oct 12, 2009 08:00 AM #10
Rainmaker
250,199
Debi Boucher
Real Estate Showcase Photography - Woodland Park, CO
"Realtor Showcase" - Real Estate Photography/Virtual Tours

Update :  The property is now in foreclosure, after failing to sell at the second auction. Foreclosure sale date is 11/18/09.

Nov 13, 2009 02:22 PM #11
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Debi Boucher

"Realtor Showcase" - Real Estate Photography/Virtual Tours
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