{"id":2169067,"date":"2026-09-29T09:21:56","date_gmt":"2026-09-29T06:21:56","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2169067"},"modified":"2026-09-29T09:21:56","modified_gmt":"2026-09-29T06:21:56","slug":"this-80-million-aspen-co-ski-mansion-is-too-big-to-build-today","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2169067","title":{"rendered":"This $80 Million Aspen, CO, Ski Mansion Is Too Big to Build Today"},"content":{"rendered":"<div class=\"entry-content\">\n<div class=\"mceTemp\"><\/div>\n<div class=\"mceTemp\"><\/div>\n<figure id=\"attachment_428471\" aria-describedby=\"caption-attachment-428471\" style=\"width: 1124px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-428471 lazyload\" src=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAoAAAAGhAQMAAADLG5duAAAABlBMVEUAAAD\/\/\/+l2Z\/dAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAADdJREFUeNrtwQEBAAAAgiD\/r25IQAEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAwJEBg\/EAAYiUJOEAAAAASUVORK5CYII=\" alt width=\"640\" height=\"417\" data-src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4740.jpeg?resize=640%2C417&amp;ssl=1\" data-srcset=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4740.jpeg?w=1124&amp;ssl=1 1124w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4740.jpeg?resize=300%2C196&amp;ssl=1 300w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4740.jpeg?resize=768%2C501&amp;ssl=1 768w\" data-max-width=\"640\" data-sizes=\"auto\" data-eio-rwidth=\"640\" data-eio-rheight=\"417\"><img loading=\"lazy\" decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-428471\" src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4740.jpeg?resize=640%2C417&amp;ssl=1\" alt width=\"640\" height=\"417\" data-eio=\"l\"><figcaption id=\"caption-attachment-428471\" class=\"wp-caption-text\">They say money doesn\u2019t buy you happiness but it buys you this south-facing ski mansion \u2026 pretty close to happiness. | Image: Sotheby\u2019s<\/figcaption><\/figure>\n<div class=\"code-block code-block-1\" style=\"margin: 8px auto;text-align: center;display: block;clear: both\">\n<!-- GAM 71161633\/SNWBR_snowbrains\/article_hrec_1 --><\/p>\n<div data-fuse=\"article_hrec_1\"><\/div>\n<\/div>\n<p><strong>Ever wondered what nearly $80 million buys you in Aspen?<\/strong> Apparently, 17,000 square feet (1,579 square meters), nearly six acres, 11 fireplaces, and views of all four of Aspen\u2019s ski areas.<\/p>\n<p><strong>The aptly named Summit House, perched high on Red Mountain above Aspen, Colorado, is currently on the market for a cool $79.5 million.<\/strong> The sprawling estate at 155 &amp; 200 Sabin Drive covers 5.89 acres and includes a 16,961-square-foot main residence with seven bedrooms and 12 bathrooms. That\u2019s roughly 10 times the size of the average American house \u2014 just sayin\u2019.<\/p>\n<ul>\n<li><strong>Related:<\/strong><a href=\"https:\/\/snowbrains.com\/77-million-aspen-co-ranch-sets-state-record-for-highest-priced-property-ever-sold\/\"><em><strong>$77 Million Aspen, CO, Ranch Sets State Record for Highest-Priced Property Ever Sold<\/strong><\/em><\/a><\/li>\n<\/ul>\n<figure id=\"attachment_428470\" aria-describedby=\"caption-attachment-428470\" style=\"width: 1142px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-428470 lazyload\" src=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAoAAAAGgAQMAAAAAR0TLAAAABlBMVEUAAAD\/\/\/+l2Z\/dAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAADhJREFUeNrtwTEBAAAAwqD1T20ND6AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAODXAIOgAAGpe47\/AAAAAElFTkSuQmCC\" alt width=\"640\" height=\"416\" data-src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4737.jpeg?resize=640%2C416&amp;ssl=1\" data-srcset=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4737.jpeg?w=1142&amp;ssl=1 1142w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4737.jpeg?resize=300%2C195&amp;ssl=1 300w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4737.jpeg?resize=768%2C500&amp;ssl=1 768w\" data-max-width=\"640\" data-sizes=\"auto\" data-eio-rwidth=\"640\" data-eio-rheight=\"416\"><img loading=\"lazy\" decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-428470\" src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4737.jpeg?resize=640%2C416&amp;ssl=1\" alt width=\"640\" height=\"416\" data-eio=\"l\"><figcaption id=\"caption-attachment-428470\" class=\"wp-caption-text\">Hopefully the Ducati counts as furniture included in the purchase? | Image: Sotheby\u2019s<\/figcaption><\/figure>\n<p><strong>And if 17,000 square feet isn\u2019t enough, there\u2019s room to go bigger. <\/strong>The property comes with an additional building right of nearly 4,150 square feet, plus deck space, giving the next owner the opportunity to expand an already enormous mountain retreat. According to the <a href=\"https:\/\/www.sothebysrealty.com\/eng\/sales\/detail\/180-l-963-y7ngxx\/155-and-200-sabin-drive-red-mountain-aspen-co-81611\">Sotheby\u2019s<\/a> listing, a home of the existing size could not be replicated under current land-use codes, making the property a particularly unusual piece of Aspen real estate.<\/p>\n<ul>\n<li><strong>Related: <\/strong><a href=\"https:\/\/snowbrains.com\/palantir-ceo-alex-karp-shatters-aspen-co-home-price-record-with-120-million-monastery-ranch-purchase\/\"><strong><em>Palantir CEO Alex Karp Shatters Aspen, CO, Home Price Record with $120 Million Monastery Purchase<\/em><\/strong><\/a><\/li>\n<\/ul>\n<p><strong>Irrespective of its gargantuan size, the views are arguably the biggest selling point for skiers. <\/strong>Summit House sits high on Red Mountain with sweeping views across Aspen and all four of Aspen area\u2019s ski mountains. That means Aspen Mountain, Aspen Highlands, Buttermilk, and Snowmass are all part of the panorama from the property. For winter sport lovers, it is difficult to imagine a better living room view.<\/p>\n<div class=\"code-block code-block-15\" style=\"margin: 8px auto;text-align: center;display: block;clear: both\">\n<div class=\"sb-trending-widget\">\n<div class=\"sb-trending-header\">\n            <span class=\"sb-trending-icon\">\ud83d\udd25<\/span><br \/>\n            <span class=\"sb-trending-label\">Trending on SnowBrains<\/span>\n        <\/div>\n<ol class=\"sb-trending-list\">\n<li class=\"sb-trending-item\">\n                <a href=\"https:\/\/snowbrains.com\/80-million-aspen-ski-mansion-summit-house\/?utm_source=trending_widget&amp;utm_medium=internal&amp;utm_campaign=trending\" class=\"sb-trending-link\" data-trending-title=\"Summit House at Aspen, CO, for Sale for $80 Million\" data-trending-position=\"1\"><\/p>\n<div class=\"sb-trending-thumb\">\n                        <img decoding=\"async\" src=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAFAAAABAAQMAAAC3CWJ1AAAABlBMVEUAAAD\/\/\/+l2Z\/dAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAAA9JREFUKM9jYBgFo2DoAgACwAABuG9msgAAAABJRU5ErkJggg==\" alt=\"Summit House at Aspen, CO, for Sale for $80 Million\" loading=\"lazy\" width=\"80\" height=\"64\" data-src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4740.jpeg?resize=200%2C125&amp;ssl=1\" class=\"lazyload\" data-eio-rwidth=\"80\" data-eio-rheight=\"64\"><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4740.jpeg?resize=200%2C125&amp;ssl=1\" alt=\"Summit House at Aspen, CO, for Sale for $80 Million\" loading=\"lazy\" width=\"80\" height=\"64\" data-eio=\"l\">\n                    <\/div>\n<div class=\"sb-trending-text\">\n                        <span class=\"sb-trending-num\">1<\/span><\/p>\n<div class=\"sb-trending-right\">\n                            <span class=\"sb-trending-title\">Summit House at Aspen, CO, for Sale for $80 Million<span class=\"sb-trending-arrow\"> \u2192<\/span><\/span>\n                        <\/div>\n<\/p><\/div>\n<p>                <\/a>\n            <\/li>\n<li class=\"sb-trending-item\">\n                <a href=\"https:\/\/snowbrains.com\/best-ski-resorts-christmas-new-years-snow\/?utm_source=trending_widget&amp;utm_medium=internal&amp;utm_campaign=trending\" class=\"sb-trending-link\" data-trending-title=\"Best Ski Resorts for Christmas &amp; New Year&apos;s Snow\" data-trending-position=\"2\"><\/p>\n<div class=\"sb-trending-thumb\">\n                        <img decoding=\"async\" src=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAFAAAABAAQMAAAC3CWJ1AAAABlBMVEUAAAD\/\/\/+l2Z\/dAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAAA9JREFUKM9jYBgFo2DoAgACwAABuG9msgAAAABJRU5ErkJggg==\" alt=\"Best Ski Resorts for Christmas &amp; New Year&apos;s Snow\" loading=\"lazy\" width=\"80\" height=\"64\" data-src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2018\/04\/16-A-055_preview-min.jpg?resize=200%2C125&amp;ssl=1\" class=\"lazyload\" data-eio-rwidth=\"80\" data-eio-rheight=\"64\"><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2018\/04\/16-A-055_preview-min.jpg?resize=200%2C125&amp;ssl=1\" alt=\"Best Ski Resorts for Christmas &amp; New Year&apos;s Snow\" loading=\"lazy\" width=\"80\" height=\"64\" data-eio=\"l\">\n                    <\/div>\n<div class=\"sb-trending-text\">\n                        <span class=\"sb-trending-num\">2<\/span><\/p>\n<div class=\"sb-trending-right\">\n                            <span class=\"sb-trending-title\">Best Ski Resorts for Christmas &amp; New Year&#8217;s Snow<span class=\"sb-trending-arrow\"> \u2192<\/span><\/span>\n                        <\/div>\n<\/p><\/div>\n<p>                <\/a>\n            <\/li>\n<li class=\"sb-trending-item\">\n                <a href=\"https:\/\/snowbrains.com\/utahs-deer-valley-east-village-expected-to-host-70-restaurants-and-shops\/?utm_source=trending_widget&amp;utm_medium=internal&amp;utm_campaign=trending\" class=\"sb-trending-link\" data-trending-title=\"North America&apos;s Newest Ski Village Pushes Towards 2028 Goals\" data-trending-position=\"3\"><\/p>\n<div class=\"sb-trending-thumb\">\n                        <img decoding=\"async\" src=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAFAAAABAAQMAAAC3CWJ1AAAABlBMVEUAAAD\/\/\/+l2Z\/dAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAAA9JREFUKM9jYBgFo2DoAgACwAABuG9msgAAAABJRU5ErkJggg==\" alt=\"North America&apos;s Newest Ski Village Pushes Towards 2028 Goals\" loading=\"lazy\" width=\"80\" height=\"64\" data-src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/expanded-excellence-deer-valley-east-village-2-jpg.webp?resize=200%2C125&amp;ssl=1\" class=\"lazyload\" data-eio-rwidth=\"80\" data-eio-rheight=\"64\"><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/expanded-excellence-deer-valley-east-village-2-jpg.webp?resize=200%2C125&amp;ssl=1\" alt=\"North America&apos;s Newest Ski Village Pushes Towards 2028 Goals\" loading=\"lazy\" width=\"80\" height=\"64\" data-eio=\"l\">\n                    <\/div>\n<div class=\"sb-trending-text\">\n                        <span class=\"sb-trending-num\">3<\/span><\/p>\n<div class=\"sb-trending-right\">\n                            <span class=\"sb-trending-title\">North America&#8217;s Newest Ski Village Pushes Towards 2028 Goals<span class=\"sb-trending-arrow\"> \u2192<\/span><\/span>\n                        <\/div>\n<\/p><\/div>\n<p>                <\/a>\n            <\/li>\n<li class=\"sb-trending-item\">\n                <a href=\"https:\/\/snowbrains.com\/austrian-ski-resort-permanently-closes-due-to-climate-change\/?utm_source=trending_widget&amp;utm_medium=internal&amp;utm_campaign=trending\" class=\"sb-trending-link\" data-trending-title=\"Austrian Ski Resort Permanently Closes due to Climate Change\" data-trending-position=\"4\"><\/p>\n<div class=\"sb-trending-thumb\">\n                        <img decoding=\"async\" src=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAFAAAABAAQMAAAC3CWJ1AAAABlBMVEUAAAD\/\/\/+l2Z\/dAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAAA9JREFUKM9jYBgFo2DoAgACwAABuG9msgAAAABJRU5ErkJggg==\" alt=\"Austrian Ski Resort Permanently Closes due to Climate Change\" loading=\"lazy\" width=\"80\" height=\"64\" data-src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/unterberg-ski-resort.jpg?resize=200%2C125&amp;ssl=1\" class=\"lazyload\" data-eio-rwidth=\"80\" data-eio-rheight=\"64\"><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/unterberg-ski-resort.jpg?resize=200%2C125&amp;ssl=1\" alt=\"Austrian Ski Resort Permanently Closes due to Climate Change\" loading=\"lazy\" width=\"80\" height=\"64\" data-eio=\"l\">\n    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src=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAFAAAABAAQMAAAC3CWJ1AAAABlBMVEUAAAD\/\/\/+l2Z\/dAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAAA9JREFUKM9jYBgFo2DoAgACwAABuG9msgAAAABJRU5ErkJggg==\" alt=\"Glacier Skiing at Saas-Fee, Switzerland, Will Resume from October 3\" loading=\"lazy\" width=\"80\" height=\"64\" data-src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/25792988664_3b50ef7965_b-e1790129932255.jpg?resize=200%2C125&amp;ssl=1\" class=\"lazyload\" data-eio-rwidth=\"80\" data-eio-rheight=\"64\"><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/25792988664_3b50ef7965_b-e1790129932255.jpg?resize=200%2C125&amp;ssl=1\" alt=\"Glacier Skiing at Saas-Fee, Switzerland, Will Resume from October 3\" loading=\"lazy\" width=\"80\" height=\"64\" data-eio=\"l\">\n                    <\/div>\n<div class=\"sb-trending-text\">\n                        <span class=\"sb-trending-num\">5<\/span><\/p>\n<div 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              \/\/ Fallback for GTM dataLayer if gtag is not available<br \/>\n                    window.dataLayer.push({<br \/>\n                        &#8216;event&#8217;: &#8216;trending_widget_click&#8217;,<br \/>\n                        &#8216;event_category&#8217;: &#8216;engagement&#8217;,<br \/>\n                        &#8216;event_label&#8217;: title,<br \/>\n                        &#8216;trending_position&#8217;: position,<br \/>\n                        &#8216;trending_item&#8217;: title<br \/>\n                    });<br \/>\n                }<\/p>\n<p>                \/\/ Navigate after a brief delay to ensure event is sent<br \/>\n                setTimeout(function() {<br \/>\n                    window.location.href = url;<br \/>\n                }, 100);<br \/>\n            });<br \/>\n        });<br \/>\n    });<\/p><\/div>\n<figure id=\"attachment_428469\" aria-describedby=\"caption-attachment-428469\" style=\"width: 1117px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-428469 lazyload\" src=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAoAAAAGpAQMAAAAnSBUDAAAABlBMVEUAAAD\/\/\/+l2Z\/dAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAADhJREFUeNrtwTEBAAAAwqD1T20LL6AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAC4GoZ5AAEJOoIfAAAAAElFTkSuQmCC\" alt width=\"640\" height=\"425\" data-src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4736.jpeg?resize=640%2C425&amp;ssl=1\" data-srcset=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4736.jpeg?w=1117&amp;ssl=1 1117w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4736.jpeg?resize=300%2C199&amp;ssl=1 300w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4736.jpeg?resize=768%2C510&amp;ssl=1 768w\" data-max-width=\"640\" data-sizes=\"auto\" data-eio-rwidth=\"640\" data-eio-rheight=\"425\"><img loading=\"lazy\" decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-428469\" src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4736.jpeg?resize=640%2C425&amp;ssl=1\" alt width=\"640\" height=\"425\" data-eio=\"l\"><figcaption id=\"caption-attachment-428469\" class=\"wp-caption-text\">The views are simply incredible. | Image: Sotheby\u2019s<\/figcaption><\/figure>\n<div class=\"code-block code-block-2\" style=\"margin: 8px auto;text-align: center;display: block;clear: both\">\n<!-- GAM 71161633\/SNWBR_snowbrains\/article_hrec_2 --><\/p>\n<div data-fuse=\"article_hrec_2\"><\/div>\n<\/div>\n<p><strong>The contemporary home was built in 2010 and comes with the sort of amenities expected at this price point, including a private elevator, pool, steam room, spa, security system, landscaped grounds, wraparound decks, and a three-car garage.<\/strong> There are also 11 fireplaces scattered throughout the residence, just in case all the empty spaces were giving you the chills.<\/p>\n<p><strong>The property comes fully furnished and includes seven full bathrooms and five half bathrooms.<\/strong> Yes, that is 12 bathrooms for seven bedrooms, just in case you and your other half (and all of your couple friends) prefer to not share a bathroom.<\/p>\n<ul>\n<li><strong>Related: <\/strong><a href=\"https:\/\/snowbrains.com\/the-latest-incredible-aspen-co-property-hoping-to-fetch-more-than-100-million\/\"><em><strong>The Latest Incredible Aspen, CO, Property Hoping to Fetch More Than $100 Million<\/strong><\/em><\/a><\/li>\n<\/ul>\n<p><strong>The house is part of Red Mountain Ranch and sits behind a private gate at the end of Sabin Drive.<\/strong> The location puts it above Aspen while retaining access to the town and its famous restaurants, shops, and nightlife.<\/p>\n<p><strong>While the price tag is certainly not new territory for Aspen, the property has an interesting history and once carried a $65 million asking price that attracted national media attention. <\/strong>In late 2014 and through the spring and summer of 2015, Summit House was listed for $65 million, which drew attention and extensive media coverage from outlets including The New York Times, The Denver Post, Westword, and Denver\u2019s Fox affiliate KDVR. At the time, the home was owned by Fort Worth, Texas, oilman Duer Wagner III, who had owned the property since 2004<strong>.<\/strong> Wagner completed construction in 2010, creating the sprawling mountain mansion in its current state as development rights allowed the home to exceed Pitkin County\u2019s normal 5,750-square-foot limit by a considerable margin.<\/p>\n<figure id=\"attachment_428467\" aria-describedby=\"caption-attachment-428467\" style=\"width: 1238px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-428467 lazyload\" src=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAoAAAAGgAQMAAAAAR0TLAAAABlBMVEUAAAD\/\/\/+l2Z\/dAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAADhJREFUeNrtwTEBAAAAwqD1T20ND6AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAODXAIOgAAGpe47\/AAAAAElFTkSuQmCC\" alt width=\"640\" height=\"416\" data-src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4739.jpeg?resize=640%2C416&amp;ssl=1\" data-srcset=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4739.jpeg?w=1238&amp;ssl=1 1238w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4739.jpeg?resize=300%2C195&amp;ssl=1 300w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4739.jpeg?resize=1200%2C780&amp;ssl=1 1200w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4739.jpeg?resize=768%2C499&amp;ssl=1 768w\" data-max-width=\"640\" data-sizes=\"auto\" data-eio-rwidth=\"640\" data-eio-rheight=\"416\"><img loading=\"lazy\" decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-428467\" src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4739.jpeg?resize=640%2C416&amp;ssl=1\" alt width=\"640\" height=\"416\" data-eio=\"l\"><figcaption id=\"caption-attachment-428467\" class=\"wp-caption-text\">Pool views to the Aspen mountains. | Image: Sotheby\u2019s<\/figcaption><\/figure>\n<p><strong>However,\u00a0Wagner\u2019s fortune was tied to the oil and gas industry just as crude prices began a dramatic collapse.<\/strong> His oil and gas company and 11 affiliates filed for Chapter 11 bankruptcy in May 2015, with the Red Mountain property used as collateral on a $120 million loan. In December 2015, the property changed hands for \u201cjust\u201d $29.5 million \u2014 well below the asking prize, according to Pitkin County records. Nevertheless, at the time, it was the most expensive single-family home sale in Pitkin County that year.<\/p>\n<p><strong>Since the 2015 sale, the property has been back on the market several times.<\/strong>\u00a0After previously being listed for $39.5 million in 2019 and $42 million in 2021, the property returned in June 2026 with a $79.5 million asking price.<\/p>\n<p><strong>At the current asking price, buyers are looking at roughly $4,687 per square foot, which is below the<a href=\"https:\/\/www.estinaspen.com\/real-estate-market\/\"> $5,000\u2013$7,000+ per square foot range<\/a> for high-end property in Aspen. <\/strong>With a <a href=\"https:\/\/www.estinaspen.com\/real-estate-market\">median house price of $17.5 million<\/a> in Aspen proper in the first half of 2026, the asking price almost feels reasonable given the size.<\/p>\n<ul>\n<li><strong>Related: <\/strong><a href=\"https:\/\/snowbrains.com\/aspen-housing-market-20-million-homes\/\"><strong><em>Locals\u00a0Priced Out as $20 Million Homes Become the Norm in a $3 Billion Aspen Housing Market<\/em><\/strong><\/a><\/li>\n<\/ul>\n<p><strong>The property incurs an annual property tax of $194,531 a year \u2014 probably 10 times what the average well-heeled NYC bankers will spend on their annual ski vacation. <\/strong>But then everything about this house is 10 times the average. There is also an annual HOA fee of approximately $11,043, although at this price point, that is literally peanuts.<\/p>\n<p><strong>If you\u2019re looking for 10 times the space, privacy, elevation, and views, this house is for you \u2014 if you have 10 times the budget.<\/strong><\/p>\n<figure id=\"attachment_428468\" aria-describedby=\"caption-attachment-428468\" style=\"width: 1233px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-428468 lazyload\" src=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAoAAAAGeAQMAAAA+NyIWAAAABlBMVEUAAAD\/\/\/+l2Z\/dAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAADZJREFUeNrtwQEBAAAAgiD\/r25IQAEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA8GuC\/gABTI86EgAAAABJRU5ErkJggg==\" alt width=\"640\" height=\"414\" data-src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4738.jpeg?resize=640%2C414&amp;ssl=1\" data-srcset=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4738.jpeg?w=1233&amp;ssl=1 1233w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4738.jpeg?resize=300%2C194&amp;ssl=1 300w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4738.jpeg?resize=1200%2C777&amp;ssl=1 1200w, https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4738.jpeg?resize=768%2C497&amp;ssl=1 768w\" data-max-width=\"640\" data-sizes=\"auto\" data-eio-rwidth=\"640\" data-eio-rheight=\"414\"><img loading=\"lazy\" decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-428468\" src=\"https:\/\/i0.wp.com\/snowbrains.com\/wp-content\/uploads\/2026\/09\/IMG_4738.jpeg?resize=640%2C414&amp;ssl=1\" alt width=\"640\" height=\"414\" data-eio=\"l\"><figcaption id=\"caption-attachment-428468\" class=\"wp-caption-text\">Naturally the gym comes with a view. | Image: Sotheby\u2019s<\/figcaption><\/figure>\n<div class=\"code-block code-block-3\" style=\"margin: 8px auto;text-align: center;display: block;clear: both\">\n<!-- GAM 71161633\/SNWBR_snowbrains\/article_hrec_4 --><\/p>\n<div data-fuse=\"article_hrec_4\"><\/div>\n<\/div>\n<p><!-- CONTENT END 1 -->\n\t\t\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>They say money doesn\u2019t buy you happiness but it buys you this south-facing ski mansion \u2026 pretty close to happiness. | Image: Sotheby\u2019s Ever wondered what nearly $80 million buys you in Aspen? Apparently, 17,000 square feet (1,579 square meters), nearly six acres, 11 fireplaces, and views of all four of Aspen\u2019s ski areas. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[226,267],"class_list":["post-2169067","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-crawlmanager","tag-snowbrains-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2169067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2169067"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2169067\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2169067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2169067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2169067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}