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Millennials aren't buying baby boomers' ranches. In Montana and Arizona, 2 luxury ranches have been sitting on the market for over a year — take a look inside the $50 million package.

Walt Danley Realty

The Arizona ranch sits on just under 100 acres of desert near Scottsdale. The Fleischers spend their winters at the Scottsdale ranch and summers at the Montana ranch.
  • Luxury ranches for sale are piling up out west, as millennials aren't interested in buying baby boomers' sprawling ranches , Business Insider's Hillary Hoffower previously reported.
  • Two ranches in Montana and Arizona are for sale as a set for $50 million and they've been sitting on the market for over a year.
  • Together, the ranches span about 7,100 acres and include a swimming pool and sauna, an art museum, shooting ranges, tennis courts, and world-class equestrian facilities.
  • The owners say they want the buyer to be able to combine a modern Western lifestyle in Scottsdale with an "Old West" lifestyle in Montana.
  • Visit Business Insider's homepage for more stories .
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For Morton Fleischer, "the cowboy is the icon of America."

That's why he and his wife, Donna, set out to create the ultimate Western lifestyle for themselves by building two ranches: one in Arizona and one in Montana. They're for sale as a set for $50 million .

"The ranches are beautiful, but when you combine them, we're combining a modern Western lifestyle [in Arizona]... with an 'Old West' lifestyle in Montana," Morton told Business Insider in 2018, when the ranches were first listed. "Montana is essentially very much like the 'Old West' was, and Scottsdale's the 'New West.' When you combine them, you can live both lifestyles."

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But the younger generation doesn't seem to be as interested in the ranch lifestyle.

Millennials aren't buying baby boomers' sprawling ranches , leaving a glut of luxury ranches for sale out west, as Business Insider's Hillary Hoffower previously reported.

The two ranches the Fleischers are selling, which span about 7,100 acres combined, have been sitting on the market for over a year.

The package includes the MorDo Ranch in Scottsdale and Horsethief Basin Ranch just outside of Lewistown, Montana as a joint listingby Walt Danley Realty in Scottsdale and PureWest Real Estate in Bozeman, Montana,as exclusive affiliates of Christie's International Real Estate.

All of the equipment and staff on both ranches will stay on for the buyer. "This is a package," Morton said. "It's all set for them. They don't have to do anything."

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Here's a look at the two ranches.

See Also:

SEE ALSO: Take a look inside the 100-square-mile Texas ranch that T. Boone Pickens, the oil magnate who just died at 91, listed for $250 million in 2017

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DON'T MISS: New data shows 1 in 4 luxury apartments in New York City are unsold and it could be signaling a recession is near

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