Bill Koch sells Aspen estate for thirty three million dollars

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Billionaire Bill Koch has sold his 52-acre Elk Mountain Lodge estate in Aspen for $33.515 million through a luxury auction.
The property was first listed at $125 million but struggled to attract a buyer for two years, prompting several price reductions before moving to a competitive bidding process.
The sale is one of the notable luxury home sales in Aspen this year and points to shifts in the ultra-luxury housing market, with buyers becoming more selective.

Whether other ultra-luxury properties in Aspen and similar markets turn to auctions after slow traditional sales
Whether price reductions on high-end listings continue as buyer selectivity shapes the luxury market

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Named United States · Aspen · Elk Mountain Lodge · Bill Koch

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