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
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.