At $110 million, this Aspen mansion could be the highest priced home sold in Colorado

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Steve Wynn, the man behind the Bellagio and Wynn casino resorts, and Thomas Peterffy, a pioneer in computerized and discount stock trading, are teaming up to purchase the mansion on Aspen’s R…

A mansion on 4.5 acres at the base of Aspen’s Red Mountain is reportedly under contract for $110 million, which would mark the highest-priced home sale in Colorado. Aspen is close to recording its first-ever $100 million home sale, which if completed would put the tony resort area in a rarified league.

At the time, the purchase set records in Aspen, and if the current contract goes through, it will mark another high water mark for Colorado’s ritziest housing market. Looking at the home and land only, Dovigi could enjoy a gain of 52% in under three years, not counting his remodeling expenses. Shane said prices have continued to escalate in the Aspen area. He recently helped sell a $65 million ski-in and ski-out property on Aspen Mountain and also represented fashion mogul Tommy Hilfiger on the sale of his $50 million Aspen estate.

“Aspen is the premier four-season destination for buyers who appreciate an exciting outdoor lifestyle and the best in culture. In addition to having four ski mountains, gold-medal fly fishing, hiking, mountain and road biking, Aspen’s art, music and thought-provoking forums are also world-class,” Shane said.Wynn has an estimated net worth of $3.5 billion, while Petterfy has $34 billion to his name, according to Forbes.

 

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