Loading ...Aspen Estate Sells For $43 Million
A near-record sale in Aspen, Colo., this summer became the highest single-family residential sale in the U.S. to date for 2009 (as of press time), and the property was not even on the market.
Joshua Saslove, of Christie’s Great Estates affiliate Joshua & Co., sold a 21,400-square-foot home in July for $43 million to an American family that purchased the property through a limited-liability corporation, reported The Wall Street Journal. Newton Bartley, a broker also of Joshua & Co., represented the buyers in the deal, which took approximately five months. The sale is just shy of the highest residential sale in Aspen to date — the 2006 $47 million sale of Crystal Island Ranch, a transaction in which Joshua & Co. also participated.
“What really makes this home unique is its location on Red Mountain with the best views of the town of Aspen and Aspen Mountain,” explains Saslove. “The size of the property, 5.5 acres, and the square footage of the home are features that will never be available again in Aspen.” Designed by
Charles Cunniffe Architects and completed in 2006, the contemporary wood, glass and stone residence is accompanied by a heated outdoor pool, a four-car garage and a guesthouse. The residence occupies the best building site in Aspen, according to Saslove.
A sale of this significance has had a comforting effect upon buyers and sellers in the Aspen luxury market. “Although we are in difficult economic times,” says Saslove, “those with the business savvy and resources still believe that investing in Aspen real estate is a safe long-term play.”
—Sarah Binder
3 For the Money
An historic, expansive, wildlife-filled ranch, Crazy D Ranch comprises approximately 12,170 deeded acres just north of Big Timber, Mont. Irrigated hay ground accounts for approximately 3,600 of the parcel’s acres. Twelve miles of creeks flow through the $22.5 million ranch, which boasts antelope, whitetail and mule deer, cranes, ducks, geese and much more. There are several homes on the property, including an impressive log home.
La Roca del Rey occupies one of the most desirable positions within Spain’s exclusive gated nature reserve, La Zagaleta. Listed for 30 million euros, this landmark residence is highlighted by a wine cellar with a champagne bar, a formal piano bar, parking for 22
cars, including a 10-car museum, and an infinity-edge pool with floating wooden sundecks.
A smart house in the sky, this New York City Trump Tower duplex boasts a custom-designed Colorado VNet IP-based SmartHome system that fully integrates music, security, lighting, climate, window treatments and more with Internet-based remote support. The $14.995 million condo is the only unit in the building to have two kitchens. Additional unique features include soundproof flooring and motorized refrigerator shelves.
—Sarah Binder
Modern ‘Castle’ Complete In California On 80 Coastal Acres
More than a decade in the making, real estate developer Khosro Khaloghli’s 35,000-square-foot Palladian-style wine country estate, Castello della Costa d’Oro, truly sets heads spinning with its incomparable list of features—12 hand-painted mural domes, 16 wall murals, 33 interior and exterior marble statues and 50-plus marble and onyx columns, just to name a few. On 80 coastal acres just north of Cambria, Calif., the “castle” is accompanied by a helipad, guesthouse, caretaker’s house, an administration building and an automotive pavilion with room for up to 30 vehicles, creating a truly unparalleled oceanfront compound. And to the delight of anyone intrigued by historic castles, a large built-in display cabinet in the west wing hallway hides a “secret passageway” leading down to the wine cellar with a massive marble tasting table and fine art ceiling mural.
“I’ve built many homes, but it was always my dream to build a castle with the confident power and scale of Roman architecture combined with the lyrical beauty of the high Renaissance,” says Khaloghli, who loves to host friends, family and guests on the property with his wife, Haruka. “We both have cultural backgrounds that place a high value on the art of hospitality,” he says. “The castle was designed with a variety of spaces suitable for entertaining, from a grand scale to an intimate one.”
—Sarah Binder
