Prince Bandar to Sell His Home in Aspen for 135 Million

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Bandar aspen2This is the season for putting a home on the market for unreal dollars. First it was Trump for 125, now Spelling’s widow, and now Prince Bandar of Saudi Arabia is selling his 56,000 square foot home in Colorado and his price is 135 million dollars. The home also has several out buildings that are not part of the square footage.

I sense a glut of housing in the over 125 million dollar range happening.

That is the asking price for the palatial Aspen compound of Prince Bandar bin Sultan bin Abdul Aziz, a real estate financier confirmed Tuesday. It is the highest real estate price in U.S. history, and possibly in the world, experts said. The price tag trumps Donald Trump, who had the previous highest offering on the national market, $125 million for a beachfront home in Florida.

Bandar aspenBandar is the former Saudi Arabian ambassador to the United States. His 95-acre Starwood Ranch property includes a nearly 56,000-square-foot mansion, and several smaller homes and buildings.

The main home is larger than the White House, and includes 16 bathrooms, 15 bedrooms, stables, a tennis court, an indoor swimming pool, outdoor water features and a snowmelt driveway.

Real estate agent Joshua Saslove said his brokerage is handling the sale through the real estate arm of Christie’s, the exclusive auction house. Saslove, who previously represented the buyers of Hollywood mogul Peter Guber’s $46 million property, is the regional affiliate of Christie’s. via the Aspen Times

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  3. Meet Tim Geithner, Treasury Secretary and Failed Home Seller.

« « Slowing Real Estate Sales Hurting Banks Earnings| Seller Buys Radio Ads to Sell Home in Stockton California » »

There Are 3 Responses So Far. »

  1. 135 of them…

    Upon hearing that I’d seen "Miami Vice", a friend dropped a tasty factoid: The budget for the film? $150 million. The budget for the entire Miami-Dade police department? $100 million! Oh, the things you could say culture and spending priorit…

  2. [...] will be largest residential transaction in the United States. Other homes in this ball park are Aspen home of Prince Bandar at 135 million, the Spelling Mansion at 150 million, the Saperstein home at 125 million, and the present record [...]

  3. [...] housing slowdown has taken another victim. The royal Prince Bandar of Saudi Arabia has pulled his 135 million dollar Aspen estate off of the market due to not receiving a good enough offer. The family decided that they liked the [...]

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