clock menu more-arrow no yes

Filed under:

Billionaire Bill Koch Relists Aspen's Priciest House at $100M

New, 14 comments

Billionaire businessman William Koch has relisted his famed Elk Mountain Lodge property in Aspen, and this time he's asking $100 million. Not only is it Aspen's most expensive listing (again), but it's also one of the priciest homes for sale in the entire country. Located just 10 miles from downtown Aspen, Koch originally bought the property for $26.5 million in 2007 and put the compound on the market for $89.9 million in June 2014. Why the $11 million price increase from last summer's ask? According to listing agent Craig Morris of Aspen Snowmass Sotheby's, the current price includes not only the original lodge on 55 acres, but also "three other parcels, together worth substantially more than the $11 million price increase." What does one get these days for $100M in Colorado? Altogether, the four parcels total 82.6 acres and feature 28 bedrooms, 30 bathrooms, and even a full-size indoor basketball court.

Koch real estate enthusiasts may recall that history-buff Koch has a passion for Colorado real estate (one time he built an exact replica of an Old West town near Paonia). Originally a high-end wedding venue, Koch renovated the Elk Mountain Lodge properties in 2008 with help from the architecture and interior design firms Bridges, Marsh and Associates and Rowland + Broughton. When it was listed last summer, only six measly interior photos could be tracked down.

This time around, the mammoth Aspen compound has its own website and a photo gallery to match its hefty price tag. Dozens of photos show the main lodge and its three counterparts, called the Ashcroft Cabin, the American Lake Cabin, and the Crystal Cabin. The great room in the 14,987-square-foot main home is the quintessential ski lodge of the American West — antler chandeliers, towering rock fireplaces, and huge log timbers frame epic views of the surrounding peaks. A dining room that easily fits a table set for 20; a wet room shower that dwarfs most bathrooms; a professional-grade kitchen that boasts not one but two huge islands: everything is bigger and better in Koch's Aspen world.

The other three parcels look downright quaint in comparison, with the cabins ranging in size from 2,917 to 5,748 square feet. Except, of course, for the Crystal Cabin's massive recreation center and full-sized basketball court. With enough workout equipment to house a Richard Simmons' convention, fitness freaks won't forget their Aspen location thanks to an antler chandelier and wall-to-wall timber.

Other amenities on the property include a theater room, walk-in wine room, multiple hot tubs, and several trout-stocked ponds. And for those potential billionaires who just can't live without that western kitsch, the $100M listing comes furnished (but without Koch's exceptional art collection).

Behold, the full photo tour:


· Elk Mountain Lodge Aspen [Official Site]
· Billionaire Koch Brother Asks $89 M For Aspen's Priciest Listing [Curbed Ski]
· First Look Inside Aspen's Bonkers $89 Million Koch Compound [Curbed Ski]
· Bill Koch Recreating 50-Building Old West Town on His CO Ranch [Curbed Ski]
· Eccentric Billionaire Bill Koch's Castoff Cape Cod Compound [Curbed]
· Rihanna's Aspen Birthday Retreat Can Be Yours...For $45 M [Curbed Ski]