A mansion in Aspen, Colorado sold for $65 million, certainly astronomical but well below the $100 million listing price.

Detroit manufacturing entrepreneur Joel Tauber and his family have sold the 10-bedroom, 11-bathroom mansion on 1.4 acres to an unnamed buyer, The Wall Street Journal reports.

Compass’ Steven Shane made the list.

Built in 1979 and renovated in 2015, this home is over 14,000 square feet and is located close to Little Nell ski runs and about 100 yards from the lift base. The residence is accessed via an elevator and a short bridge that connects to the main entrance on the second floor.

The two-story foyer resembles an upscale department store or hotel, with a large chandelier, wood-panelled walls and a small balcony overlooking it from the upper floors. The great room has a stained glass ceiling and wall of windows and skylights that offer views of the surrounding mountains and downtown Aspen.

It has an on-slope ski room with storage lockers, 5,000 square feet of deck and patio space, a home gym, a media room, and two kitchens.

Although the home sold for well below the asking price, it still fetched well above the $9 million Tauber paid for the property in 1996. While it didn’t set an Aspen record (belonging to former professional hockey player Patrick Dovigi, who bought a home in 2021 for $72.5 million, the Wall Street Journal reported), the deal did set a record. A record in downtown Aspen.

While the residential market is depressed, the same cannot be said for luxury homes in Aspen.

In addition to the record purchase, Dovigi also sold an Aspen home in December 2022 for $55 million, $10.5 million more than he originally paid for it.

Last September, the heir to the Wrigley Gum fortune, William Wrigley Jr., sold his Aspen estate for $30 million.

The 7,500-square-foot mansion was purchased by a trust connected to the Richter family. Wrigley is the great-grandson and namesake of William Wrigley Jr., who founded the chewing gum empire in 1891. The contemporary Wrigley Jr. is the former CEO of Wrigley, which was acquired by Mars, Inc. in 2008 for $23 billion.

— Ted Glazer

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