Prince Bandar to Sell His Home in Aspen for 135 Million
This 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 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
Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
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Trackback by digital retrograde on 25 September 2006:
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…
Pingback by Hearst Mansion Up For Sale at a Record 165 Million Dollars — The Real Estate Bloggers on 10 July 2007:
[...] 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 [...]
Pingback by Prince Bandar Pulls 135 Million Dollar Aspen Home Off Market — The Real Estate Bloggers on 28 November 2007:
[...] 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 [...]