Billionaire Bill Koch's expansive Aspen estate has sold for $33.515 million after a luxury auction. The property, initially listed at $125 million, struggled to find a buyer for two years. After several price reductions, the 52-acre Elk Mountain Lodge went to a competitive bidding process. This sale highlights shifts in the ultra-luxury housing market and buyer selectivity. The transaction represents a notable luxury home sale in Aspen this year.
source https://timesofindia.indiatimes.com/real-estate/news/billionaire-bill-kochs-52-acre-aspen-estate-once-asked-125-million-but-after-price-cuts-and-an-auction-it-is-poised-to-sell-for-33-515-million/articleshow/132532389.cms
Bill Koch’s Aspen estate once asked $125m, now poised to sell for $33.5m
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July 21, 2026
Get To Know
July 21, 2026
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