A billionaire wanted $125 million for his Aspen compound. He got $33.5 million.
Billionaire Bill Koch sold his Aspen compound at auction for $33.5 million, a deep discount from his $125 million listing price.
Billionaire Bill Koch sold his Aspen, Colorado compound for $33.5 million at auction this year, falling significantly short of the $125 million asking price. The 52-acre property, which included a 16,631-square-foot main lodge, seven cabins, and various luxury amenities, originally sold for $26.5 million in 2007. After adding 31 acres in 2007, Koch listed the entire property for $100 million in 2015, later dropping the price to $80 million in 2016 before relisting it for $125 million in 2025.
Despite various price reductions, the property failed to sell even at auction in July, with the winning bid being a fraction of its original listing price, marking a 73% decrease. The property, previously used as a dude ranch and event venue, boasts amenities such as hot tubs, hiking trails, and an altitude-acclimation room.
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