{"id":2896,"date":"2026-07-22T20:33:56","date_gmt":"2026-07-22T20:33:56","guid":{"rendered":"https:\/\/coloradospringsmoverss.com\/?p=2896"},"modified":"2026-07-22T20:33:56","modified_gmt":"2026-07-22T20:33:56","slug":"aspens-elk-mountain-lodge-sells-for-just-33-5m-at-auction-after-initial-listing-of-125m","status":"publish","type":"post","link":"https:\/\/coloradospringsmoverss.com\/?p=2896","title":{"rendered":"Aspen\u2019s Elk Mountain Lodge sells for just $33.5M at auction after initial listing of $125M"},"content":{"rendered":"
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By: River Stingray (rstingray@aspentimes.com)<\/strong><\/p>\n

After heading to a public, no-reserve auction earlier this month, William I. Koch\u2019s 52-acre legacy ranch known as Elk Mountain Lodge is under contract for $33.515 million.<\/p>\n

Read more David Gomez limited by injury in first summer with CU Buffs basketball<\/a><\/p>\n

The highest bid is a dramatic discount from the property\u2019s peak asking price of $125 million in 2025, which then dropped to $99 million before heading to auction with Concierge Auctions, in cooperation with Steven Shane of Compass. Concierge Auctions opened bidding at $30 million, according to a July 13 press release.<\/p>\n

\u201cI think the buyer got a steal,\u201d Chris Klug of Chris Klug Properties told The Aspen Times. \u201cWhy did it trade how it did?\u201d<\/p>\n

According to Klug, many current buyers are looking for more mountain contemporary or mountain minimalist design as opposed to the traditional lodge style. He also highlighted that the upkeep of such a large property \u2014 maintenance and management \u2014 can be daunting for many.<\/p>\n

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The ranch is located at 125 Rooney Circle, 11 miles from Aspen down Castle Creek Road. While it does require a drive to and from town, its location offers direct access to the American Lake Trailhead, Pine Creek Cookhouse, Nordic skiing trails and more. The compound boasts 25,277-square-feet, including eight structures, two ponds, river frontage and Elk Mountain views.<\/p>\n

Read the full story from our partner at\u00a0aspentimes.com.<\/p>\n

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\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Elk Mountain Lodge in Aspen, Colorado, formerly owned by William I. 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