Amazing $16.9 Million Property Listed on ‘Billionaire Mountain’ in Aspen, CO

Julia Schneemann |
Aspen real estate
The house at 746 Hunter Creek Rd, Aspen, CO, is situated on prestigious Red Mountain, picture: Mountain Home Photo Website

Looking for a new ski holiday home? Want to rub shoulders with the 0.1%? An absolute gem just came on the market in Aspen’s most desirable location of Red Mountain, colloquially known as ‘Billionaire Mountain’, and is priced to sell at $16.9 million.

Aspen Katz house
One of the living areas of the Katz house on Red Mountain, Aspen, CO, picture: Mountain Home Photo Website

Real estate prices in Aspen have gone up 35% from last year with a median house price for a single-family house now at $13.2 million. The asking price of $16.9 million for Aspen’s most premier location is almost too good to be true. Aspen’s Red Mountain is the winter holiday home for famous billionaires like ‘bra-billionaire’ Lex Wexner, hedge fund mogul John Paulson, Amazon’s Jeff Bezos’ parents, and Hasso Plattner, CEO and founder of Europe’s largest software company, SAP.

Surrounded by forest, the house provides a lot of privacy and creates a sense of calm and tranquility, picture: Mountain Home Photo Website

The property was previously owned by Bruce Katz, the founder of Rockport Shoe Company and Samuel Hubbard Shoe Company, who passed away in June this year. Katz hailed from New England and was a third-generation shoe-maker. He was the first to use rubber soles and athletic shoe technology in casual and dress shoes. Katz resided in Marin County and the house in Aspen was his holiday home.

Aspen Katz house
Another entertaining area in the sprawling Aspen home on Red Mountain, picture: Mountain Home Photo Website

Built in 1974 with three separate entertaining areas and five en-suite bedrooms, the house is the ideal entertainer and is designed to allow for space for large groups or several families. The house has been maintained well and upgraded to include features like a projection system for movies. It comes fully furnished and you could move in straight away.

Bathroom Aspen
The marble steam room for a post-ski schwitz features unique natural stone in Katz’s Red Mountain estate, picture: Mountain Home Photo Website

The estate is situated on 0.7 acres of prime real estate in a small cul-de-sac. It was built in 1974 built and covers 6,644 square feet of internal living space. The potential for this property is immense. The house has been well maintained and could easily be updated with a few cosmetic renovations.

Aspen real estate
Google Maps view of the property shows the incredible size of this estate, spread out across 6,644 sq ft, picture: Google Maps

This property ticks all the right boxes. Aside from its prime location, it boasts incredible views across the valley and mountains, yet provides privacy that is difficult to find in ski resort mountain homes. With an asking price of $16.9 million and the right interior designer, this property would make an incredible ski holiday home for the discerning buyer.

Aspen real estate
Can you imagine gazing out from the hot tub after a day on Aspen Mountain? Picture: Mountain Home Photo Website

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One thought on “Amazing $16.9 Million Property Listed on ‘Billionaire Mountain’ in Aspen, CO

  1. Mountain town real estate market economics at work. Cheers to all the NIMBY’s and environmentalists who helped to prevent new supply being brought to the market for every day mountain folk.

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