What’s the Big Deal: Star Mesa Ranch nets $20.685 million
December 14, 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.
Price: $20.685 million
Address: 1200 and 1523 Star Mesa Road
Buyer: Starview and Star Sky Holdings
Seller: Craig and Colleen Slater and Juniper Family Investments
Property type: Single-family residential
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Year built: 2003
Total land: 77.4 acres
Total heated area: 11,908 square feet
Worth noting: Marketed by Stirling Peak Properties, the Star Mesa Ranch has multiple structures, including the five-bedroom, five-and-a-half-bathroom main house, a fishing cabin next to a pond, a guest house with its own backyard, a two-bedroom, two-bathroom caretaker's house and two barns. Both properties — the Bradford Parcel and Lotawana Parcel — were sold together. The Slater couple — Craig Slater is the vice president of Anschultz Co. — sold the Bradford Parcel for $15.185 million; Juniper Family Investments LLC sold the Lotawana Parcel for $5.5 million, according to transaction records filed Wednesday with the Pitkin County Clerk and Recorder's Office.
• Another seven-figure package deal was recorded Nov. 24, when two separately deeded homes on their own 1-acre lots sold for a combined $15.1 million. Located at 1124 and 1126 Red Mountain Road, the two properties were marketed together, most recently for $18.6 million, by broker Joshua Landis. The buyers were two separate limited liability companies — Inter LLC and Grey-Redmntnprop LLC. The sellers were Calsun I LLC and Calsun II LLC.
• Germany-based real estate brand Engel & Volkers announced Friday it's partnering with Portfolio Aspen Properties, located at 616 E. Hyman Ave.
Engel & Volkers opened an office in Denver earlier this fall. It also has a branch in Vail.
Erik and Summer Berg will run the Aspen location.