Greg The Shark Norman again lists US ranch retreat slashing price tag

Greg The Shark Norman is again trying to sell his US ranch retreat, and he's shaved US$15 million ($AUD23 million) off its last price tag.

The Seven Lakes Ranch in Colarado's White River Valley on the Flat Tops Mountains has been a retreat for the Norman's for over two decades, transforming it from a corporate retreat to a family getaway.

Norman visited the area for a client who wanted to build a golf course on his property nearby.

He fell in love with the area and bought Dry Creek, before extending the holding over the years by adding neighbouring properties which included Seven Lakes Lodge, bought from billionaire businessman Henry Kravis.

The grand ranch home, built by logs trucked in from Montana, spans 1,300 sqm and has nine bedrooms and an authentic saloon. 

Norman said he had loved taking in the tranquillity and peace of the Colorado Rockies.

His favourite room inside the ranch is the bar.

Norman has welcomed the late George H.W. Bush stay in their executive cabin, one of seven guest cabins on the 4815 hectare property. 

The listing agents Hall and Hall call the property a true sporting paradise, regarded as one of the finest trophy big game hunting and fishing ranches in Colorado.

The Sharks base is some 2,900 kilometres away in Florida's Jupiter Island, roughly the same distance from Sydney to Cairns.

He's now seeking US$40 million (AUD$62 million), down from the US$55 million (AUD$85 million) he asked in 2017.

2017 was also the year Norman hinted at a potential return to Australia.

When speaking to News Corp he said he would love to live on a vineyard.

"I would love to go back and have a place there," Norman said.

"I would love to have a vineyard.

"I don't know where; I love Margaret River, I lose the Barossa Valley, the Yarra Valley, the Hunter Valley."

His wife however, Sydney interior designer Kirsten Kutner, is a self-declared beach girl.