![Naples Estate Listed for Record $295M](https://static.therealdeal.com/wp-content/uploads/2024/02/Naples-Estate-Listed-for-Record-295M-f-150x106.jpg)
Trending
Aspen ranch sells for record-breaking $77M
Priciest resi deal in Colorado history
![Aspen Ranch Sells For Record-Setting $77 Million](https://static.therealdeal.com/wp-content/uploads/2024/04/Aspen-Ranch-Sells-For-Record-Setting-77-Million-m-1400x875.jpg)
The luxury housing market in Aspen, Colorado has been elevated to new heights.
The Ranch at Owl Creek, an eight-bedroom, 12,500-square-foot estate spanning 60 acres, has sold for $77 million, the Wall Street Journal reported.
Compass agent Doug Leibinger represented the seller, a Colorado-based LLC with ties to the Lauridsen Group, which oversees several health and nutrition companies and was founded by Nixon Lauridsen.
The sale price, which equates to about $6,160 per square foot, marks the most expensive residential transaction on record in Colorado. However, its top spot will likely be short-lived, as a nearby property is reportedly under contract for $110 million.
The 11,400-square-foot main residence features a movie theater, fitness room and wine cellar. The property also includes a guest cottage, a pool house, two hot tubs and a trout pond.
Situated adjacent to around 850 acres of pristine, undeveloped county-owned land, the ranch offers unparalleled privacy and scenic views of Buttermilk, Aspen Highlands, Aspen Mountain and Snowmass ski resorts.
The seller bought the estate for $40 million in spring 2021 and put it on the market about a year later, with an asking price of $70 million. It was pulled off the market in October 2022 to undergo renovations, including a revamped outdoor pool, a newly-paved driveway and a new HVAC system. The ranch was relisted for $80 million in November 2023 and went under contract last month, the outlet said.
Aspen’s reputation as a hotspot for high-end real estate transactions continues to grow, with multimillion-dollar sales becoming increasingly common in the resort town. Last year, a ski-in, ski-out home boasting an indoor lap pool fetched a staggering $76 million, further solidifying Aspen’s status as a haven for luxury buyers.
—Quinn Donoghue
Read more
![Naples Estate Listed for Record $295M](https://static.therealdeal.com/wp-content/uploads/2024/02/Naples-Estate-Listed-for-Record-295M-f-150x106.jpg)
![Jay-Z and Beyoncé with 27712 Pacific Coast Highway](https://static.therealdeal.com/wp-content/uploads/2023/05/Jay-Z-Beyonce-Break-Record-With-200M-Home-Purchase-f.jpg)
![](https://static.therealdeal.com/wp-content/uploads/2024/01/NY-Greenwich-Village-home-sells-for-record-73M-FEATUREIMG-150x106.jpg)