What’s the Big Deal: LLC gobbles up 5.6 acre lot on Red Mountain for $21 million | AspenTimes.com

What’s the Big Deal: LLC gobbles up 5.6 acre lot on Red Mountain for $21 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: $21 million

Date recorded: Friday, Feb. 8

Address: 198 and 220 American Lane

Neighborhood: Rubey, Red Mountain

Buyer: Plateau de Beille LLC

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Seller: Red Mountain Estates LLC

Property type: Vacant

Lot size: 5.64 acres

Property tax bill: $23,385.96

Worth noting: The property has approvals for a 19,750-square-foot home, and the lot is one of five sites on a 33-acre compound, according to marketing materials for the land.

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