Silver Lining Ranch for sale
The prime piece of riverfront property known as Silver Lining Ranch is on the market for $25 million. It was home base to the Silver Lining Foundation, a nonprofit organization that sponsors year-round programs for children with cancer.Foundation founder, former tennis star Andrea Jaeger, has moved the organization to the Durango area, according to the real estate broker handling the sale.Ed Zasacky, who confirmed Monday that the 6.4-acre ranch is for sale, said it has been listed for a couple of weeks; prior to that, the property probably was being “quietly marketed” by the foundation, he said.Neither Jaeger nor other Silver Living Foundation officials could be reached for comment Monday.Located in Aspen’s east end, the ranch is part of the Stillwater subdivision created by the late Fritz and Fabi Benedict. The land was donated to the foundation by Fabi; the foundation moved onto the property in 1998.Zasacky believes Jaeger decided to move the operation out of Aspen for a number of reasons, including the difficulty of bringing seriously ill children to an altitude of 8,000 feet, the relative harshness of the winter climate, and the fact that skiing may not be the ideal activity for this kind of operation.And, he said, “With this kind of money, she can help thousands of kids instead of dozens.”While he was not sure of the status of the move,Zasacky said, “They’ve already bought the property in Durango, and they’re out of here.” He said the foundation has not held a program in Aspen since late last winter.Zasacky described the property, which is next to The Aspen Club, as having stunning views up the Roaring Fork River toward Independence Pass. “It’s like a wilderness feel, but you are almost in the heart of Aspen,” he said.The building comprises roughly 18,000 square feet of livable space, but it is not set up as a home at this point.Asked if it is likely the building will be razed and replaced, Zasacky groaned and said it is possible. Otherwise, it might require “a significant remodel” at the least.In a 1999 Aspen Times article chronicling the foundation’s early days at Silver Lining Ranch, Jaeger had just brought 16 kids from around the country to Aspen for a week of fun, a Christmas party with supermodel Cindy Crawford, and a chance to put aside their cares.Asked about her daughter’s passion for helping kids, Ilse Jaeger said she was “not surprised … well, surprised that she spent all her money,” referring to the fact that Jaeger used her tennis winnings to create the organization’s first incarnation, the Kid’s Stuff Foundation.Ilse said that when Andrea was a tennis pro in the early 1980s, traveling the world on the circuit, “She was always at hospitals. … She brought stuffed animals for the kids. That’s just the way she was. And she always said that someday she would do something with children.”John Colson can be reached at email@example.com
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The 10th Circuit Court of Appeals this week affirmed the dismissal of a lawsuit against the city of Aspen that challenged its zoning laws concerning Mill Street Plaza, which is home to locally serving businesses.