Sylvester Stallone sold his 23-acre ranch for $4 million, almost half its listing price; then joined Tom Cruise and Jack Nicholson to buy 160 acres in Colorado |
Sylvester Stallone made a notable real-estate move in 1992, selling his sprawling 23-acre White Eagle Ranch in California for $4 million in cash while expanding his property holdings in Colorado. Stallone had transformed the Hidden Valley ranch into an elaborate equestrian estate featuring 29 horse stalls, a 7,500-square-foot log cabin, guest house, swimming pools, a … Read more