Aspen home with oxygen-pumping system hits market for $49M

The custom-built home spans 15,000 sf near White River National Forest

New York Weekend Edition /
Jul.July 12, 2020 02:00 PM
The custom-built home (Credit: WSJ)

The custom-built home (Credit: WSJ)

Got $49 million to spare, love Aspen, but sick of all that altitude sickness? There’s a solution for you.

A custom-built, 15,000-square-foot mansion in the chic Colorado ski town has hit the market for $49 million and it’s got quite a suite of luxe amenities, according to the Wall Street Journal.

That includes a system that pumps oxygen into the master bedroom so occupants can literally breathe a little easier at high altitude. The home is also LEED-certified with solar panels and geothermal heating.

The home was designed and built by Florida-based venture capitalist Lawrence F. De George. He bought the land in 2009 for $16 million and built the home over three and a half years.

Its finished with elaborate woodwork including custom wood-inlay doors. There’s an Art Deco-style home movie theater and a glass elevator providing views over the landscape.

The backyard sits on the edge of White River National Forest and the front yard overlooks a valley and the Roaring Fork River.

De George is 75 years old and said he is selling because he plans to do some traveling and sailing. A sale near $49 million would make it one of the more expensive home sales in the Aspen area.

The Aspen market has been particularly hot this year, according to listing agent Carrie Wells of Coldwell Banker Mason Morse Real Estate. The coronavirus pandemic has people who vacation in the area shopping for permanent moves there. [WSJ]Dennis Lynch


Related Articles

arrow_forward_ios
The total supply of single-family homes declined 40 percent to 3.3 months in October (iStock)

Single-family home sales dip in October, but up 41% from last year

Single-family home sales dip in October, but up 41% from last year
(iStock)

Mortgage requests surge ahead of Thanksgiving

Mortgage requests surge ahead of Thanksgiving
Prices increased 6.6 percent year-over-year in September (iStock)

US home prices surged 6.6% in September

US home prices surged 6.6% in September
(iStock)

US home sales rose again as inventory hit all-time low

US home sales rose again as inventory hit all-time low
Housing starts rose almost 5% last month

Housing starts rose almost 5% last month

Housing starts rose almost 5% last month
The increase put an end to the “recent slump” that gripped the purchase market over the past seven weeks (iStock)

Over the slump? Home-purchase mortgages jump

Over the slump? Home-purchase mortgages jump
(Getty, iStock)

Homebuilder confidence soars to another record high

Homebuilder confidence soars to another record high
In October, Redfin agents handled a bidding war in 56.8 percent of home sales (iStock)

More than 50% of home sales see bidding wars: Redfin

More than 50% of home sales see bidding wars: Redfin
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...