Engel & Völkers Aspen: Highest sale price of all time for a land plot

Engel & Völkers in Aspen breaks the record: The shop in the American Rocky Mountains has brokered a land plot of more than 4,700 hectares for 22 million US dollars, equivalent to around 19 million euros. Licence Partner Erik Berg reported as follows: “It is the highest price ever attained for the sale of a land plot in Aspen. So far, the highest price was 18.5 million US dollars. We are very proud that we managed to close this extraordinary deal.” Mr. Berg supervised the seller, while another brokerage company advised the buyer.

Aspen Mountain_groß

For more than half a century, the land plot and the 1950s property that stands on it had been under the ownership of Marian Rubey Lyeth Davis, whose family founded the coffee brand “Maxwell House”. Right through to the 1980s, this was the best-selling coffee in the USA.

The buyer is a billionaire who is planning to build a new home on the land. “The estate is exactly what the buyer was looking for. It is absolutely secluded with plenty of privacy, and at the same time the centre of Aspen is just a few minutes away. On top of that, the mountain views are simply spectacular,” said Mr. Berg. And there was another important aspect working in the buyer’s favour: “According to the planning permission, the land plot can accommodate a property with an interior of more than 1,800 m². This means that the new owner can realise all of his building visions.”

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