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Tuesday, May 3, 2011

House of the Day: Mountain Estate Took More Than a Jigsaw To Assemble

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Friday, March 4, 2011, by Rob Bear

Have a nomination for a jaw-dropping listing that would make a mighty fine House of the Day? Get thee to the tipline and send us your suggestions. We'd love to see what you've got.

Location: Aspen, Colo.
Price: $48,500,000
The Skinny: In the country's wealthiest mountain town, astronomical housing prices are nothing new. In 2006, Prince Bandar of Saudi Arabia put his 95-acre ranch—and its 56,000-square-foot main house—up for sale at the astonishing price of $135M. So somehow this is a town that makes a $50M price tag on a 90-acre ranch seem like a deal. Jigsaw Ranch was built by commercial real estate heavyweights George and Mark Rosenthal as a personal mountain getaway, but the family has decided to sell to focus on other "challenges," like building a yacht. So what are they giving up to pursue a watery life of leisure? Try two sprawling main houses, one almost 21,000 square feet and constructed over the course of 15 years to resemble a mountain village. The other measures in at 11,000 square feet and features an entrance accessed by a bridge over a babbling mountain brook.
· Aspen Estate of 90 Acres Lists for $48.5 Million [WSJ]
· For sale: Nation's most expensive home [Aspen Times]


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