Mucinex Developer Lists Colorado Property for $16 Million

Retired pharmaceutical executive John Q. Adams Sr. is selling a 350-acre slice of his ranch including a contemporary home, a horse barn and frontage on the Elk River.

The pharmaceutical executive who developed the cold medicine Mucinex is listing a 350-acre chunk of his ranch outside of Steamboat Springs, Colo., for $16 million.

John Q. Adams Sr. first put his entire 800-acre ranch on the market for $32.5 million in 2012; the price was lowered to $24.25 million the next year. This time, Mr. Adams is selling a prime slice of the ranch, including a 7,947-square-foot, four-bedroom mountain...

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