875 Star Mesa Estate, Aspen Colorado
This new 15,000 square foot estate on Star Mesa is situated at an elevation brushing the heavens. Aspen can only be described as "Heaven On Earth". Star Mesa Estate consists of 40 irreplaceable horse friendly acres just minutes from Aspen.
We repeat the old joke – now at the expense of Forbes Magazine: How do you make a small fortune in Aspen real estate?
Start with a large fortune.
There is no other way to explain the recent Forbes article alternatively headlined “Why Aspen Prices Holding Up” or “Why Prices Are Up in Aspen.”
How much does it cost to own a piece of the dream in Aspen? Depends on how deep your pockets are. We’ve assembled a list of 10 fairytale properties currently on the market.
Both December and January have shown falling sales numbers in the Aspen/Glenwood MLS. December '08 had 83 sales versus 81 in '09. January '09 had 108 versus a meager 67 this year.
Aspen Tuscan Masterpiece
Aspen’s grandiose Tuscan Estate dazzles with 16,000-square feet of well-appointed bravura, receiving nods from VH1’s Fabulous Celebrity Real Estate Splurges as one of the four top estates currently for sale in the United States.
Aspen, Colorado Real Estate: Sold for $43,000,000 - A Private Red Mountain Residence Breaks Real Estate Records
A gloomy global economy has not deterred the purchase of a residence at the base of Red Mountain in Aspen, Colorado for a staggering $43,000,000.
Aspen-based real estate broker Jen Engel announced the closing of the purchase on Monday, July 13th via a press release and blog post. The sale was arranged and coordinated by Christie's Great Estates affiliate Joshua & Co. The 21,477 square foot estate is located on a 4.5 slender acres at 421 Willoughby Way on Red Mountain.
Aspen is full of cops and cooks and doctors and lawyers. They might not live in the city limits in $5 million houses, but they do live close by – close enough to own their own homes.
And far enough from the big city to qualify for a federal home loan program that real estate experts say is the least known but best value mortgage program in America today: The Rural Development Loan program sponsored by the U.S. Department of Agriculture.
Elk Song Ranch
Nestled into 67 acres off Owl Creek Road between Aspen and Snowmass, the Elk Song Ranch croons to the tune of 58,000,000 dollars for a posh estate with 20,000 square feet. Available exclusively through Sotheby’s International, Elk Song Ranch is a seven-bedroom hideaway with large pond, private trails, and mountain views. The rustic wood trim interior is inspired by the Colorado high country lifestyle. The luxurious list of creature comforts includes a great room with a sunken bar, a billiard room, a theater, an outdoor swimming pool, multiple sitting areas, a well-appointed great room,. an exercise room, and an outdoor space with a hot tub.
Flying Dog Ranch
The next owner of George Stranahan’s Flying Dog Ranch in Woody Creek will have some hefty boots to fill. After 40-some years of living at Flying Dog Ranch, Stranahan’s has managed to wrangle the western frontier dreams of an aspiring young cowboy into a life and a livelihood. Flying Dog Ranch is where he personally raised and ranched a herd of Colorado Limousine Beef Cattle, cultivated an avid interest in photography, started the nationally-distributed Flying Dog Beer, began distilling premium Stranahan’s Colorado Whiskey with a neighbor, launched a boutique publishing company, opened the Woody Creek Tavern and Community Center, and raised a family.