realestate

Aspen estate of billionaire oil heir Bill Koch hits market for $125 million

Aspen luxury market heats up with energy mogul's massive property listing.

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spen's luxury real estate market is sizzling, and billionaire energy mogul Bill Koch is poised to reap the benefits. The 84-year-old entrepreneur, who built his $2 billion fortune in oil and investments, has listed his sprawling 52-acre mountain retreat for a staggering $125 million.

    Koch purchased the property in 2007 for $26.5 million and spent years transforming it into a private oasis. He added guest cabins, modern amenities, and acquired an additional 30 acres, bringing the total to 52 lush acres nestled just 11 miles from downtown Aspen.

    The main lodge, a 16,631-square-foot masterpiece, boasts eight bedrooms, 10 bathrooms, and grand rustic details like log beams, antler chandeliers, and a massive stone fireplace. The estate also features seven guest cabins that blend "frontier-inspired luxury" with "modern sustainability."

    With its state-of-the-art gym, two hot tubs, two ponds, and network of hiking trails, this property is an outdoor enthusiast's paradise. Koch and his wife, Bridget Rooney Koch, have decided to sell the estate, citing Aspen's strong housing market as the reason.

    "We looked at the market and figured it was time for someone else to enjoy it," Koch told the Wall Street Journal. This isn't the first time Koch has attempted to offload the property; he previously listed it for $100 million in 2015 before dropping the price to $80 million.

    The estate has also been available as a luxury rental, commanding a cool $35,000 per night or $300,000 per month. With its unique blend of rustic charm and modern amenities, this property is an unparalleled opportunity to own Aspen's premier multi-generational retreat.

    As Steven Shane of Compass notes, "Luxury is a concept that varies from person to person, but one truth remains: the most valuable investment is in making lasting memories with loved ones." With its stunning formal dining room, primary ensuite bedroom with woodburning fireplace, and breathtaking mountain vistas, this property embodies that very spirit.

Aspen estate of billionaire Bill Koch, oil heir, listed for $125 million sale.