What’s the Big Deal: Clear W Ranch sells for $12.75 million

“What’s the Big Deal?” runs Mondays and is based on the most expensive property transaction recorded in Pitkin County through 3 p.m. each Friday.

Price: $12.75 million

Date recorded: July 9

Address: 1551 Popish Road, Snowmass

Subdivision: Wildcat Ranch

Buyer: Popish LLC

Seller: Clear W Ranch LLC

Lot size: 275 acres

Property tax bill: $93,530.04

Worth noting: The new owner has rights to develop to 15,000 square feet on what is known as Clear W Ranch, which is part of Wildcat Ranch. In a related transaction, Clear W Ranch LLC sold a second parcel, at 272.7 acres, for $2 million to Perpetual LLC in a deal that also closed July 9. Both the Perpetual and Popish LLCs were represented by the same Aspen law firm in the transactions.