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Stunning $45M Estate Debuts as the Aspen Real Estate Market Heats Up

by | Sep 15, 2020

Second-home destination markets are heating up as buyers across the country reassess what they want in their second and primary residences. Many Rocky Mountain towns are seeing an influx of buyers, including the coveted mountain destination of Aspen. Mansion Global recently spotlighted the Aspen market debut of 926 S. Mill Street, noting, “This Colorado mountain getaway takes the log cabin to new heights.” New heights indeed.

Situated at the base of Aspen Mountain, the woodsy-inspired estate is listed for $45 million, making it among the priciest homes for sale in Aspen. The estate offers ski-in, ski-out access and nearly 14,000 square feet of living space, making it the fourth-largest home listed in Aspen at the moment, Mansion Global reports.

Arriving on the market the same day as Aspen’s first snowfall of the season, 926 S. Mill Street is available for the first time, represented by Allie Lutz, Heather Sinclair, Chris Flynn and Lisa Hatem. Built in 2006, the home boasts soaring 30’ ceilings, exposed log beams, panoramic views, a professional bar, game room, multi-level theater, rooftop hot tub and bar. Nine bedrooms include five primary suites with steam showers and stone fireplaces.

“There’s a demand for these compounds right now because you need to be able to entertain everyone and house everyone and be on Zoom,” Heather told Mansion Global. The home is one of only a handful of luxury estates in the highly sought-after enclave, named Top of the Mill. Heather and team recently discovered the history of the neighborhood, which was once a base camp for the silver miners and included a horse tramway that led up Aspen Mountain Road to the mines.

The home comes to market on the heels of a recent notable sale by The Agency Aspen team, The Ranch at Snowmass Creek. Listed for $11.428M by Lisa, Chris and Heather, the estate in the heart of Snowmass consists of three main structures, including an 8,500-square-foot main residence, three fenced horse paddocks and a training corral, set on 35 acres on both sides of Snowmass Creek. Mansion Global reports there’s currently a flurry of high-end deal-making in U.S. second-home destinations, driving record-breaking prices in some Rocky Mountain towns over the past six weeks, including in Bozeman, Montana, and Park City, Utah.

To explore more homes for sale or lease in Aspen, visit TheAgencyRE.com/Aspen

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