The view from a $13.5 million listing on Red Mountain. Click the photo to see more.MORE AT forbes
The neighborhood, whose phone book reads like a Davos VIP list, lies in close proximity to downtown and serves up Colorado’s requisite killer views. Divided into Upper and Lower, the area has generated most of Aspen’s highest-dollar transactions for two years running, including hedge funder John Paulson's $49 million Hala Ranch buy in June.
“It’s always been a cornerstone of residential real estate in Aspen,” says Joshua Saslove of Joshua & Co. "Add in the people who live there, and it’s understandable why others want to.” Maybe they should rename the neighborhood Green Mountain.
Here’s a rundown of the mountain’s ultra-rich residents, by street.
WILLOUGHBY WAY
Owner: Lewis Sanders, CEO of Sanders Capital
Sale price: $43 million in 2009
The home: 21,500-square-foot, 10-bedroom contemporary compound on 4.5 acres; the largest Aspen sale in ’09; all-cash; wasn’t listed for sale on the market.
Owners: Miguel and Jackie Bezos, parents of Jeff Bezos
Value: $20 million
The home: The mom and dad of Amazon’s billionaire founder bought on Lower Red Mountain in 1999; remodeled 10,600-square-foot home with 7 beds, 8 baths on 1.9 acres in 2000.
Owner: Matthew Bucksbaum, real estate magnate
Value: $16 million
The home: Bucksbaum is a longtime owner on Lower Red Mountain; 9,900-square-foot house includes 6 beds, 8 baths on 3.4 acres; built in 1993.
Owner: Daniel Och, hedge fund billionaire
Value: $20.3 million
The home: Och bought 1.5 Lower Red Mountain acres in 2004, tore down existing property and built a 12,100-square-foot mansion with 7 beds and 9.5 baths; sold his 8,500-square-foot Upper Red Mountain home in May for $12.2 million.
RANCH ROAD
Owner: Leslie Wexner, retail billionaire
Value: $31.4 million for two parcels ($23.7 million and $7.7 million)
The home: Adjoining properties totaling 65 acres on Upper Red Mountain with 5-bed, 14-bath, 25,400-square-foot manse.
HUNTER CREEK ROAD
Owner: Bren Simon, widow of billionaire Melvin
Value: $15.5 million
The home: The late Simon Property Group cofounder and his wife, an interior designer, bought in 1995; 10,330-square-foot ski house; 6 beds, 9 baths on 5.4 acres.
E. REDS ROAD
Owner: Sid Bass, oil billionaire
Value: $7.4 million
The home: Longtime Upper Red Mountain resident has 3-bed, 5-bath abode on 1 pricey acre.
W. REDS ROAD
Owners: Alex and Lorraine Dell, parents of Michael Dell
Value: $10.5 million
The home: The grandparents of Dell Computer own this 8,520-square-foot Upper Red Mountain house with 4 beds, 6 baths on 1 acre.
RED MOUNTAIN ROAD
Owner: John Doerr, venture capital billionaire
Value: $12.7 million
The home: Upper Red Mountain 43-acre compound along Hunter Creek; 8,600-square-foot abode with 5 beds, 5.5 baths.
RIDGE ROAD
Owner: Stan and Ann Walton Kroenke, real estate billionaire and Wal-Mart heiress
Value: $20.75 million in 2011
The home: One of the priciest sales of 2011. Comprises 2 adjacent properties with an 11,300-square-foot main house, a 4,200-square-foot guesthouse and a 1,600-bottle wine cellar.
WRIGHTS ROAD
Owner: Mortimer Zuckerman, real estate billionaire
Value: $9.5 million in 2009
The home: Valued at $8.3 million, 13% less than its post-bubble purchase price; 7,100-square-foot, 4-bed house by local architect Charles Cunniffe occupies less than an acre.
PLACER LANE
Owner: Neil Bluhm, casino billionaire
Value: $25.5 million
The home: Bluhm razed and rebuilt a 16,000-square-foot mansion with 10 beds and 9.5 baths on 3.8 acres.
NIGHTHAWK DRIVE
Owner: Paul Foster, oil scion
Sale price: $15 million in 2011
The home: 10,700 sq ft spec home , called The Nighthawk, with aromatherapy steam room on roughly 1 acre; originally listed for $23.9 million in 2010.
PITKIN WAY
Owner: William Wrigley Jr., candy billionaire
Value: $38.4 million
The home: Acquired third parcel for $10 million in October 2011 to create this multi-parcel, 2.6-acre family compound with 12,600 sq. ft. combined living space.
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