Tom Cruise is selling his Colorado estate for $59 million.

The 'Edge of Tomorrow' star has put his lavish 298-acre ranch in Telluride, where he once lived with ex-wife Katie Holmes and daughter Suri, eight, before their split in 2012, on the market.

The 10,000 square-feet property boats four bedrooms, six bathrooms, a library, recreation room, gym, tennis, basketball and hockey courts, entertainment centre and panoramic views of the mountains.

There are also three bedrooms and three bathrooms in a detached guesthouse, according to The Wall Street Journal.

Sotheby's International Realty agent Bill Fandel confirmed Tom is selling the house because he hasn't used it much in recent years.

The 'Mission Impossible' star helped design and construct the property in 1994 when he was still married to his second ex-wife, Nicole Kidman, with whom he has two adopted children Connor, 19, and Isabella, 21.

The 52-year-old actor gave Oprah Winfrey a televised tour of the house in 2008 and said at the time: ''I looked all over America. And then I just looked at this view.''

He also showed off a playroom that they fondly referred to as ''Suri's office'' on the show and revealed he and Katie retreated there for privacy shortly after she was born.