Lauridsen Group Sells Owl Creek Ranch Estate In Aspen For $77M With Compass Broker
600 Owl Creek Ranch Road
$77,000,000
$6,160/SF
Building Size
12,500 SF
Asset Type
Single Family
Closing
Apr 13, 2024
AI
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
Aspen Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93