Aspen estate lists for $105M

Luxury real estate markets have seen a number of home sales above $100 million, but Aspen, Colorado, — surprisingly — has yet to join the nine-figure club. 

But that may change with an estate at 41 Popcorn Lake, 100 and 102 Difficult Lane that listed for $105 million, according to The Wall Street Journal.

The 8.4-acre property is located about 4 miles from downtown Aspen and is being sold by a limited liability company linked to Florida car-dealership owner Terry Taylor, who acquired it for $32 million in 2020. 

Mandy Welgos and Craig Morris of Aspen Snowmass Sotheby’s International Realty have the listing.

The property includes an 18,400-square-foot main house and multiple structures connected by a footbridge spanning the Roaring Fork River, the outlet said.

The main house, built around 2014, boasts mountain and river views and has undergone recent remodeling to create a brighter, more contemporary interior. 

The property can also be purchased as separate parcels: $72 million for the parcel with the main home and $33 million for the parcel with the guesthouse and caretaker’s house. 

Despite a recent slowdown in luxury real estate across the country, Aspen’s trophy homes remain in high demand due to an inventory shortage. In the past month alone, 15 Aspen properties priced over $10 million have gone under contract, according to the WSJ.

Welgos told the Journal the Aspen market is on the cusp of a $100-million sale. While the property, if sold, would set a record, earlier attempts to surpass the $100-million threshold in Aspen have fallen short, the outlet said.

Detroit manufacturing entrepreneur Joel Tauber and his family sold an Aspen home earlier this year to an unknown buyer for $65 million, the Wall Street Journal reported.

That’s a hefty price, but well below the $100 million for which the 10-bedroom, 11-bathroom mansion listed. And while it didn’t set an Aspen record (that belongs to former pro hockey player Patrick Dovigi’s purchase of a home for $72.5 million in 2021), the sale did set a record for downtown Aspen, according to the Journal.

Nine-figure deals have gotten done elsewhere recently. Adrienne Arsht sold her waterfront Coconut Grove estate for $106.9 million in the fall of 2022, marking a record in Miami-Dade County.

And earlier this summer, Copper Beech Farm in Greenwich was purchased by an anonymous buyer for $138.8 million, the Wall Street Journal reported. The seller — a limited liability company connected to hedge fund billionaire Ray Dalio — spent $120 million to buy the waterfront estate in 2014, a record for the state at the time.

— Ted Glanzer