On Aug. 2, 1990, a small yet powerful trio of people gathered at a Woody Creek home where they made a decision that would change the course of history. President George H.W. Bush, British Prime Minister Margaret Thatcher and Henry Catto, who was the U.S. ambassador to the United Kingdom, signed off on the first invasion of Iraq.
The meeting would be referred to as the Woody Creek Summit, and the war would be known as Desert Storm. Legend also has it that Thatcher famously told Bush at the time, “This is no time to go wobbly, George.”
On Tuesday, the Little Woody Creek Ranch sold for $23.5 million. The Catto Charitable Foundation sold the 128-acre property, which had been on the market for about a year and a half and was originally listed for $32.75 million. Catto, who died in 2011 at the age of 81, conveyed the ranch, which has a main house and guesthomes, to the foundation in 2009.
“It’s a legacy property,” said Aspen real estate broker Joshua Saslove, who represented both the buyer and seller in the transaction. “There were so many notable political people and creative people in the arts who were on that property.”
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