In 1994, Tom Cruise built a 10,000-sq-ft home on his Colorado ranch; 27 years later, the 320-acre retreat sold for $39.5 million

Tom Cruise is putting one of his most private retreats on the market, asking $39.5 million for a sprawling 320-acre ranch in Telluride, Colorado. The property is far removed from the red carpets and premieres that have defined much of his career, with open meadows, mature forest and mountain views forming its setting.

Cruise previously offered the ranch for $59 million in 2014, according to Telluride Sotheby’s International Realty. The lower asking price today gives the property a different place in the luxury market, even though its connection to one of Hollywood’s biggest stars remains a major part of its appeal.