Friday marked the largest sale recorded in Pitkin County history for a single family home sale. The huge estate is located on West Buttermilk. Buttermilk is of course known for the X-Games. The home was originally listed for $60M in 2008 after it was built and at the height of the market.The home was overpriced for the market with a price of $47.5M in the Multiple Listing Service or MLS.So, the price sold was a $16 million cut on the list price.
The estate is on 44 acres and has great views of Owl Creek and both Buttermilk and Snowmass Mountains. It was a piece of land originally owned by the Pfister family, who owned most of the land at one time around Buttermilk.The house is 13,877 sq. ft. and has a 4,517 sq. ft. horse barn and 1,112 sq. ft. guest house. The home was built in a rustic motif and has two large masters, a larger than large living room, private office with fireplace, and wine room with tasting table, etc..
There have now been 7 Aspen homes year to date that have sold in the $20 to around $30M range. It is a clear indication that the high end is coming back in Aspen. I believe these higher homes have held their value almost better than the lower priced real estate in Aspen and Snowmass, which are selling at half price, if a seller needs to sell in this market.
Feel free to contact me by email firstname.lastname@example.org or by phone (970) 319-9719.Please contact me now for great opportunities in Aspen Real Estate and Snowmass Real Estate. Please also contact me now for more information on rentals in Aspen and Snowmass Village or see my website www.aspen-snowmass-realestate.com .
I CAN HELP YOU BUY, SELL, OR RENT ASPEN SNOWMASS REAL ESTATE.
Roget Kuhn Owner/ Broker-Realtor
“An Honest Approach to Real Estate and Rentals”
Aspen Snowmass Real Estate
303 1/2 E. Main St.
Aspen, CO 81611