See inside: Tom Cruise's Colorado ranch, now asking $39.5M

Tom Cruise put his 320-acre Telluride ranch on the market last week for $39.5M, as reported by The Denver Post.

• "It's difficult to truly grasp how expansive this property is," listing agent Dan Dockray told Axios. " ... Once you experience it in person, it steals your heart."
• For reference, the property is the size of 242 football fields.

Background: According to The Denver Post, Cruise built the house in 1994 as private retreat.

The exact address is 115 Francisco Way. At 11,512 square feet, it has 7 beds and 9 baths.

Highlights: Stately library, media room, large study with secluded offices, billiards room, recreation space, fitness center, separate three-bed guest house, close to skiing.

Land: The resort-like setting has breathtaking snow-capped mountains, 320 acres of wooded privacy, and extensive forested trails.

• The drive up to the house is about a mile from a gated entry for maximum privacy.

What they're saying: "The buyer of this home is going to be an outdoor enthusiast looking for a true mountain escape with excellent proximity to town," Dockray said. "Someone who really resonates with the land will appreciate this one-of-a-kind property."

Listing agents: Dan Dockray of LIV Sotheby's International Realty and Eric Lavey of Sotheby's International Realty.

Here's a look around:

This story first appeared in the Axios Denver newsletter, designed to help readers get smarter, faster on the most consequential news unfolding in their own backyard.

• Sign up here.