This $77 Million Aspen Ranch is Colorado's Most Expensive Home-For Now

The Ranch at Owl Creek will hold on to the price record until the closing of a $110 million property nearby

April 11, 2024, 4:12 pm ET

A ranch with a view of all four ski resorts in Aspen, Colo., has closed for $77 million, according to listing agent Doug Leibinger with Compass.

Known as The Ranch at Owl Creek, the property was sold by a Colorado-based LLC that is linked to the headquarters of the Lauridsen Group, 

which the Journal notes oversees companies in the health and nutrition space.

Not far from this property, however, hockey player Patrick Dovigi’s 4.5-acre compound is reportedly under contract for $110 million — meaning as soon as that deal closes, it will become the state’s record holder. 

(Dovigi’s offering, built in 2006, features approximately 22,000 square feet, a main house and a guest residence. In sum, there are 11 bedrooms, a garage and a pool, the Journal reported.)

“This record-breaking transaction further cements Aspen’s position as a top-tier market for exclusive and prestigious properties, attracting discerning buyers from around the globe,” Compass’s Doug Leibinger, who held the ranch listing, told The Post. Leibinger, to the Journal, declined to comment on the identities of the buyer and seller.

The state record was previously held by a ski-in, ski-out residence, which sold for $76 million last year. 

Bordered by 850 acres of green space, the ranch is primely located within minutes of the Snowmass and Buttermilk ski lifts, and a short drive to downtown Aspen. 

Set at the end of a long driveway, the main house measures in at approximately 11,400 square feet, and has a home theater and wine cellar. 

There’s also a guest cottage, a pool and a pool house with a glassed-in gym on the grounds.

The spread was initially listed back in 2022, for $70 million. That was before being removed from the market, renovated and then returned to it with a new price tag of $80 million in November 2023. 

Full Article Here

Source: The Wall Street Journal 

NEW YORK POST