A $5.5 million fixer upper? That’s how much Chip and Joanna Gaines spent on Colorado mountain home.

As home renovation power couple Chip and Joanna Gaines planned to embark on their newest project a s build that stars as the subject of a new limited TV series Fixer Upper Colorado Mountain House they mused about finding the perfect property for their family s second home and perhaps even something of a bargain It s been on the sphere for a while so it just feels like the timing is really right for me to potentially make a really good deal on this property Chip announced at the start of the Dec premiere That would be a good thing considering Joanna s grand design vision involved gutting both floors of the house and reconfiguring the entire layout to move the kitchen and add bedrooms But a really good deal The actual sale price million Related Articles Chip and Joanna Gaines fix up an alpine abode and meet a bear on new Colorado-centric show Denver music festival scenesters sought for new reality dating show Wooking For Love The Bachelorette is filming in Colorado and wants locals to join the drama PHOTOS Love is Blind Denver cast reunites at Empower Field Denver makes history on Love is Blind That s according to Pitkin County property records that show the home located on two acres in Woody Creek sold in November The buyer was a limited liability company that The Denver Post was able to connect to the Gaines family by cross-referencing additional population records We are not publishing the address to respect their privacy In addition to a -square-foot main house the property also has two additional cabins and a trail that goes right down to the river In episode one of three of Fixer Upper Colorado Mountain House a local contractor and crew make quick work of demolishing the home s interior while the Gaineses oversee the project from their home base in Waco Eventually they come back up to choose paint colors and finishes in person Viewers also met the couple s oldest daughter Ella who will soon get the chance to try her hand at family business and redesign one of the small cabins Fixer Upper Colorado Mountain House airs Tuesdays on HGTV and streams on HBO Max Subscribe to our weekly newsletter In The Know to get entertainment news sent straight to your inbox