What’s the Big Deal: Fashion couple sell Aspen home for $50 million

What’s the Big Deal runs Mondays is based on the prior week’s most expensive property transaction recorded in the Pitkin County Clerk & Recorder’s Office.

Price: $50 million

Date recorded: March 22

Buyer: Silk Trail LLC

Seller: TMC1 LLC

Address: 550 Aspen Alps Road

Neighborhood: Ute

Property type: Residential

Year built: actual, 2001; effective, 2003

Total heated area: 7,150 square feet; 7 bedrooms, 8 baths

Lot size: ¼ acre

Assessor’s office actual value: $24.6 million

Assessor’s office assessed value: $1.8 million

Property tax bill: $62,996

Source: Assessor’s Office and Clerk & Recorder’s Office, Pitkin County

Worth noting: Sellers Tommy Hilfiger and Dee Ocleppo acquired the same home for $31 million in December. Steven Shane of Compass worked on behalf of the buyer and sellers.