What’s the Big Deal: $21.5 million for Red Mountain home
August 12, 2017
"What's the Big Deal?" runs Sundays and is based on the most expensive property transaction recorded in Pitkin County through 3 p.m. each Friday.
Price: $21.5 million
Date recorded: Aug. 11
Address: 951 Red Mountain Road
Buyer: DLG 2014 LLC
Seller: 951 Red Mountain Road Inc.
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Property type: Residential
Year built: 2015
Total heated area: 7,160 square feet
Land: 0.95 acre
Features: 6 beds, 7 baths
Property tax bill: $12,891.72
• Compass real estate announced last week that it's the official real estate partner of Jazz Aspen Snowmass.
As part of the partnership, Compass will host a hospitality tent for attendees in the VIP area at the upcoming JAS Aspen Snowmass Labor Day Experience.
"JAS is pleased that such a dynamic and forward-looking company as Compass has committed to supporting our organization as we head into the home stretch of the biggest event in our 27-year history," JAS President Jim Horowitz said.
"We believe Jazz Aspen Snowmass has deep roots in the Aspen community and love having the opportunity to support their cultural and educational initiatives throughout the Aspen Valley," said Steven Shane, managing director of Compass. "The opportunity to be supportive of such a well-attended, fun, cultural event with world-class entertainment in our own backyard is a privilege."
For more information, call 866-JAS-TIXX or visit jazzaspensnowmass.org.
• The city of Aspen continues to benefit from what is on track to be a lucrative year in real estate sales.
The city's Real Estate Transfer Tax brought in $5.5 million for its housing portion and $2.9 million for its Wheeler Opera House portion through the first seven months of this year. That's nearly double the amount the city collected during the same period last year, according to the city's tax report issued last week.