facebook
Traded Co logo
Submit
Daily limit: 0/10

Lauridsen Group Sells Owl Creek Ranch Estate In Aspen For $77M With Compass Broker

Property Image
SOLD
$77,000,000

Colorado

See Similar Deals
Single Family12,500 SF
Sold 04/13/2024
the dealplayerscompscontact
Property Image
SOLD

Lauridsen Group Sells Owl Creek Ranch Estate In Aspen For $77M With Compass Broker

600 Owl Creek Ranch Road

See Similar Deals
Single Family12,500 SF
Sold 04/13/2024
Contact now

Summary

COLORADO
Asset Type:Single Family
Price Per Square Foot:$6,160
Total Square Footage:12,500 SF
Transaction Type:Sale

The Ranch at Owl Creek, an eight-bedroom, 12,500-square-foot estate spanning 60 acres in Aspen, Colorado, was recently sold for a record-breaking price of $77 million. This property, located at 600 Owl Creek Ranch Road, achieved a remarkable price per square foot of $6,160. The sale, facilitated by Doug Leibinger from Compass, has significantly impacted Aspen's luxury housing market.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $77,000,000
  • Market: Aspen, CO
  • Address: 600 Owl Creek Ranch Road
  • Asset Type: Single Family
  • ACRES: 60
  • Broker: Doug Leibinger - Compass
  • SF: 12,500
  • PPSF: $6,160

The seller of The Ranch at Owl Creek was a Colorado-based LLC associated with the Lauridsen Group. The transaction's success, setting a new state record, underscores the significant interest and demand in Aspen's thriving luxury real estate market.

Players

AL
2 deals$88.2M volume(949) 463-9892
BROKER

Details

SOLD
IMAGE: 04/13/2024 ADDRESS: 600 Owl Creek Ranch Road MARKET: Aspen, CO ASSET TYPE: Single Family ~ ACRES: 60 BROKERS: Doug Leibinger - Compass SALE PRICE: $77,000,000 SF: 12,500 ~ PPSF: $6,160 NOTE: The sale of The Ranch at Owl Creek, an eight-bedroom, 12,500-square-foot estate spanning 60 acres in Aspen, Colorado, has set a new record for the state's residential market, fetching $77 million. Represented by Compass agent Doug Leibinger, the seller, a Colorado-based LLC tied to the Lauridsen Group, sold the property for about $6,160 per square foot, marking a significant milestone in Aspen's thriving luxury housing market.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$4,106,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$273,564.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$365,019.28
Annual Debt Service$4,380,231.40