The estate sits near the end of the West Buttermilk Road, just below the base of the West Buttermilk chairlift on 44 acres. It overlooks the Owl Creek valley and has views of both Buttermilk and the Snowmass Ski Area….other relatively recent big number sales have been: In June, hedge fund manager John Paulson paid $24.5 million for a house off of McLain Flats, a house on Willoughby Way on lower Red Mountain sold for $43 million in July 2009… the $36.375 million sale of a home on Wildcat Ridge to Russian billionaire Roman Abramovich in April 2008 and a $36.5 million dollar sale of a home owned by Prince Bandar to Jeffrey Soffer in December 2007.

ASPEN REAL ESTATE – A luxurious estate near the base of West Buttermilk sold this week for $31.5 million, which the real estate brokers in the deal thought was the most expensive single-family home sale this year in Pitkin County.It also is one of the most expensive single-family home purchases in Pitkin County history, not counting properties such as the $46 million sale of Mandalay Ranch, which has development potential.The sale was recorded Friday afternoon with the county clerk and recorder’s office.WBR Associates LLC of Woodside, Calif. sold the home to Aspen Grove Properties LLC, which listed an address in care of the law firm of Holland & Hart.
By Brent Gardner-Smith, Oct. 30, 2010 Aspen Daily News

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