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421 Willoughby Way, Aspen, ...

Patrick Dovigi Acquires Aspen SFR For $72.5M From Lewis A. Sanders
SOLDSingle Family Residence

Patrick Dovigi Acquires Aspen SFR For $72.5M From Lewis A. Sanders

421 Willoughby Way, Aspen, Colorado, USA

$72,500,000

$3,295/SF

Building Size

22,000 SF

Asset Type

Single Family Residence

Closing

Jun 1, 2020

AI

This sale marks a new record for the most expensive single-family property sold in Aspen, Colorado. The property, located at 421 Willoughby Way, was sold in June 2021 for a staggering price of $72,500,000. Sitting on 4.5 acres of land, this SFR boasts a remarkable size of 22,000 square feet. The price per square foot comes out to $3,295, showcasing the luxury and exclusivity of this property.

Summary of transaction details:

  • Property Type: Single-Family Residential
  • Transaction Amount: $72,500,000
  • Address: 421 Willoughby Way, Aspen, CO
  • Market: Aspen, CO
  • Size: 4.5 acres

The buyer of this remarkable property is Patrick Dovigi, while the seller is Lewis A. Sanders. The deal was facilitated by the talented team of brokers, Tal Alexander and Oren Alexander, who represent the Alexander Team at Douglas Elliman.

It's worth noting that this sale not only represents a significant milestone for Aspen's real estate market but also cements the Alexander Team's dominance as record-breaking agents. The team now holds the Triple Crown record for the most expensive residences sold in three different cities: New York, Miami, and Aspen. With this achievement, they have solidified their position as leaders in the luxury real estate market.

This impressive sale surpasses the previous record of $57.25 million, set in 2020. It demonstrates the continued strength and desirability of the Aspen market, attracting high-net-worth individuals seeking exquisite properties in this picturesque location.

Players

Oren Alexander

Official

Broker

$2B

vol

106 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
Patrick Dovigi

Patrick Dovigi

Buyer

$290.5M

vol

8 deals

Buyer

Aspen Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93