What’s the Big Deal: Red Mountain home sells, no longer part of Bass fortune
December 5, 2015
Editor's note: "What's the Big Deal?" runs Sundays and is based on the most expensive property transaction recorded in Pitkin County each week.
Address: 71 Salvation Circle
Price: $7.35 million
Buyer: 71 Salvation Circle Holdings LLC
Seller: Anne Hendricks Bass Foundation, Anne H. Bass Trustee (Fort Worth, Texas)
Property type: Single-family home
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Subdivision: Ridge of Red Mountain
Year built: 1983
Total heated area: 4,683 square feet
Total land square feet: 34,409
2014 property tax bill: $12,043.48
Worth noting: Anne Bass, the name behind the seller, is the ex-wife of Sid Bass, a billionaire oilman from Texas. A Forbes 400 member since 1989, she was a contributing editor to Vogue magazine and directed the documentary "Dancing Without Borders." The seller was formed Nov. 5 by Aspen attorney Curtis Sanders, according to state records.
• Since Nov. 23, Pitkin County has recorded six residential sales of at least $5 million and 17 worth at least $1 million, according to property records.
• Longtime real estate firm Aspen Snowmass Properties/BJ Adams and Co. officially joined the Berkshire Hathaway HomeServices real estate brokerage network last week. The firm is now called Berkshire Hathaway HomeServices Aspen Snowmass Properties.
• With Boogie's Diner now history after Leonard "Boogie" Weinglass sold the downtown building for $27.5 million earlier this year, the old eating spot now has a pop-up tenant this season. Nest Aspen recently opened with high-end furniture and home accessories. Meanwhile, the building's new owner, Thor 534 East Cooper Avenue LLC, an offshoot of New York-based Thor Equities, introduced plans last month to expand the building's first and second floors. If approved, it would vacate city-approved rights to build a penthouse. Penthouses have since been banned from being built in the downtown core.