Prince Bandar Pulls 135 Million Dollar Aspen Home Off Market
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Well, it looks like the 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 home too much to part with it after not getting a good enough offer.
Darn those low ballers!
“The ranch is off the market and is no longer for sale,” said William Jordan III, an Aspen attorney who represents Bandar’s local interests. “Prince Bandar and his family realized that they enjoyed the ranch, and Aspen, too much to want to part with it.”
Aspen real estate broker Joshua Saslove, who listed the house known as Hala Ranch for sale in July 2006, said there was “enormous interest” in Prince Bandar’s home, which sits on 90 acres in the gated Starwood neighborhood just outside of Aspen.
“However,” Saslove said, “none of the interested parties wrote a contract that was acceptable to the seller.” Aspen Daily News
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Comment by dean on 28 November 2007:
Tom,
I guess the prince is going to have live on P B&J’s and Top Ramen for awhile until the market comes back.