A 115.7-acre Aspen, Colorado, property owned by the late businessman and developer Edgar B. Stern Jr . has hit the market for $46 million, according to the new listing.
The sprawling mountain property is located within the Starwood subdivision, a gated, exclusive residential community that Stern founded on roughly 1,000 acres outside of Aspen. Stern, the former chairman of Royal Street Corp., died in 2008 in Seattle at the age of 86.
The resort-style compound hit the market last week, and is among the most expensive homes for sale in Aspen.
The massive spread overlooking Colorado’s Elk Mountains is centered around a main mansion completed in 2004, according to the listing and public records. Architect Thomas Kligerman designed the 13,000-plus-square-foot house—an Arts and Crafts-inspired home where soaring ceilings reveal exposed beams, and stone and wood-panel finishes create a classic mountain lodge feel, images of the property show.
The great room enjoys vaulted ceilings and floor-to-ceiling windows that frame Mount Daly, Capital Peak and Snowmass Ski Area, according to the listing with Chris J. Klug of Aspen Snowmass Sotheby’s International Realty. The agency was not immediately available for comment.
The home, which sits at the end of a long private driveway, has nine wood-burning fireplaces, including one with a dramatic mantle made from Colorado dry stack moss rock, according to the listing agents.
Beyond the house, luxury amenities include a pool, a hot tub, a detached house for guests or a caretaker, a storage shed and other outbuildings, according to the listing. Across the property there are 17 bedrooms and 19 bathrooms.
Stern, a native of New Orleans, television station owner and hotel developer, moved to Colorado in the 1960s and founded Starwood and another exclusive community, Red Mountain Ranch; and later developed the lauded Deer Valley Ski Resort in Park City, Utah, according to an obituary in The Aspen Times. He was posthumously inducted into the Ski Hall of Fame several years ago for his influence on Aspen’s luxury real estate market.
Patch first spotted the new listing.