Lift One property in Aspen sells for $22 million
The land at the base of Aspen Mountain that includes the defunct Skiers Chalet Lodge and Skiers Chalet Steakhouse has sold for $22 million, according to property records.
The deal, which was recorded Tuesday in the Pitkin County Clerk and Recorder’s Office, identifies the buyer as Lift One Lodge Aspen LLC. Public records link Lift One Lodge Aspen to HayMax Capital LLC, which is controlled by the Brown brothers, who also own the Molly Gibson Lodge and Hotel Aspen. In April, the Browns sold another shuttered inn, Mountain House Lodge on East Hopkins Avenue, for $10.1 million.
Calls to Michael Brown, one of the Brown brothers, and David Myler, attorney for the seller, Roaring Fork Mountain Lodge-Aspen LLC, were not immediately returned Tuesday.
The sale is the latest turn for the property that was once was eyed for a major hotel, ski museum, new chairlift and other amenities.
In April, the previous owners earned another two years of vested rights, now set to expire in 2018, that would allow them to build a 84-room hotel that would encompass 77,000 square feet. Also included are five free-market units, subgrade parking and dormitory-style affordable housing.
The county Assessor’s Office gives the old Skiers Chalet Lodge property an actual value of $20.9 million; the steakhouse land has an appraised value of $350,800.
The sale also marks the second eight-figure commercial building transaction this month. Last week, Leonard “Boogie” Weinglass sold the Boogie’s Building on Cooper Avenue for $27.5 million to a New York developer.
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The city of Aspen’s office building is exempt from paying encroachment fees, yet private developers have to now pay $9 a square foot, per month, starting in 2020.