In The Press
Two Multimillion-Dollar Mansions Hit Aspen’s Listings-Hungry Luxury Market
A 7,200-square-foot spec home on Red Mountain is asking $45 million, while a West End property is listing for $36.5 million. Newly completed in December 2024, this stunning 5,576 sq ft mountain-modern residence by Elevate Development and Design presents a rare opportunity to own a home in one of Aspen's most sought-after locations. Strategically sited on a tranquil premier street in Aspen's coveted West End, this brand-new architectural masterpiece features five spacious bedrooms, six luxurious bathrooms, and exquisite interior finishes.
This $45 Million Turnkey Mansion Is Tucked Into Aspen’s Exclusive Red Mountain Enclave
The six-bedroom contemporary showpiece on "Billionaire Mountain" comes fully furnished with gorgeous Highland Bowl views. Jeff Bezos and Walmart heiress Ann Walton Kroenke are only two of the UHNWI homeowners in Aspen‘s wealthiest neighborhood, Red Mountain. Referred to as “Billionaire Mountain” in some circles, the tony enclave saw its most expensive residential sale last year: $108 million. That four-acre spread was snapped up by casino tycoon Steve Wynn, but a nearby residence hoisted onto the market as a turnkey opportunity at $45 million affords equally breathtaking vistas of Aspen Mountain and Independence Pass for less than half the cost. Lane Johnson and Steven Shane of Compass hold the listing.
Colorado Compound With Seven Homes Sells for $20 Million
A massive Colorado compound with multiple homes, development sites and 244 acres of Rocky Mountains territory, has sold for $20 million. Dubbed 2 Mile Ranch, the sprawling property, which sold at the end of April, is roughly 11 miles north of the upscale resort town of Aspen, with two miles of water frontage on Woody Creek.
Downtown Aspen Penthouse Breaks Record for Per-Square-Foot Sales Price
A penthouse in downtown Aspen set a record for price by square footage when it sold on Dec. 21 for $25.875 million. The penthouse, located at 405 S. Monarch St., was purchased for $17.5 million on Dec. 21, 2021. The 3,429-square-foot property was then leased for one year for more than $1 million and resold, exactly a year later, for $7,545 per square foot which is the highest in all of Aspen’s history. Penthouses are hard to come by in Aspen, and the sale speaks to their value and the high demand for such a property. They are some of the most sought-after properties we have in all of Aspen.