Builder sues owners of Red Mountain mansion | AspenTimes.com
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Builder sues owners of Red Mountain mansion

Tim Mutrie

A local contractor is suing the owners of the Peak House – the highest residence on Red Mountain – for failing to pay some $500,000 for various construction projects performed at the residence.

The suit, filed last Friday in Pitkin County District Court, names Landlocked Shipping Co. of the Turks and Caicos Islands, Peak House Corp. of Colorado and two other entities as owners of the residence and, thus, defendants in the case.

Filing the suit was Aspen Constructors, Inc. The company claims the owners of the house, at 2137 Red Mountain Road, contracted with the builder to construct a gymnasium on the property in October 1997. Construction of the gym was completed in early February 1998, as were additional improvements to the residence, made at the owners’ request, according to the lawsuit.

Aspen Constructors further claims the owners of the Peak House have “failed and refused” to pay for the services and owe the contractor $529,011.96 – the cost of services, labor and materials, plus interest, the suit states.

According to the suit, Aspen Constructors filed a lien in the amount of $529,011.96 against the residence in April.

Aspen Constructors has requested a trial by jury to resolve the matter. The lawsuit seeks the sum reportedly owed to the company, plus court costs, attorney’s fees and other such relief as the court may deem appropriate.

Joseph Edwards III, the attorney representing Aspen Constructors, could not be reached for comment Tuesday.

Built in 1993, the 15,000-square-foot Peak House made headlines in June 1997, when it sold for $19.7 million, an Aspen record. The home is the uppermost residence on Red Mountain.


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