Boomerang listed for sale
February 27, 2004
Charlie Paterson used to be one of Aspen’s youngest lodge owners. Now, he notes with a grin, he’s one of the oldest.
At age 74, Paterson can still spend a full day on the slopes of Aspen Mountain and then head over to the Boomerang Lodge to make sure everything’s running smoothly. But, he admitted, he’s ready to retire.
Paterson and his wife, Fonda, quietly put the West Hopkins Avenue lodge, located at the base of Shadow Mountain, on the market last August. The lodge is listed for sale for $7.5 million.
A separate, vacant parcel across the street is listed for $5.2 million. Approvals for an expansion of the lodge onto the vacant property are already in place.
Paterson said he wants to sell both pieces as a package. In the meantime, he and Fonda are welcoming guests to the Boomerang as usual and will continue to do so.
“Fonda and I really love the Boomerang,” he said. “This is our baby, really.
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“We’ve put our hearts into it. It’s very hard to let go.”
They’re looking for a worthy successor, he added.
“We would like a good operator ” we’re going to be a little fussy,” Paterson said.
The Austrian-born Paterson came west to Colorado from New York in 1949. It wasn’t long before he discovered Aspen. He bought property on Hopkins, between Fourth and Fifth streets, and built a one-room cabin there. It still exists, functioning as a bedroom within a unit at the Boomerang, which opened with three rooms in 1956, according to Paterson.
Since then, the lodge has been expanded a number of times and now boasts 34 rooms and condo-style apartments. Its design is Paterson’s; he studied with legendary architect Frank Lloyd Wright in the late 1950s.
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