Aspen's $300 Million Little Lake Lodge Enters Market Amid New Homes for Sale Regulations

The United States' most expensive residential property has entered the market, positioned in the exclusive enclave of Aspen, Colorado. Priced at $300 million, the estate, known as Little Lake Lodge, is set to redefine the upper echelons of luxury real estate. Spanning over 74 acres, the property includes an impressive 18 bedrooms, 20 full bathrooms, and four partial bathrooms. With a living space exceeding 27,000 square feet, the residence combines grandeur with exclusivity.

Located at 161 Stillwater Drive, just a mile from downtown Aspen, the property borders public land and features a pristine private lake surrounded by native landscaping. Offering unparalleled privacy with four separate land parcels and 45 parking spaces, the estate also boasts a comprehensive trail system tailored for outdoor enthusiasts, including hiking, cross-country skiing, and biking routes.

Mandy Welgos, the listing agent with Sotheby’s International Realty, attributes the hefty price tag to the estate's unique offerings and proximity to Aspen's vibrant community. The Little Lake Lodge, constructed in 1994 by California's Stewart and Lynda Resnick of The Wonderful Company, reflect their vision of luxury and seclusion.

This record-setting listing is backed by its vast array of amenities and the exclusivity of its location. Interested buyers will find themselves neighbors to a world-class skiing destination, with the cultural and recreational attributes of Aspen at their doorstep. The expansive property includes plans for an additional 19,500 square-foot property, promising further growth potential.

Notably, the property's listing comes as Pitkin County implements new regulations, reducing maximum home sizes from 15,000 to 9,250 square feet. This change highlights the one-of-a-kind nature of the Little Lake Lodge and its possible appreciation in value, given the looming constraints on future developments.

Aspen has previously seen high-value transactions, with the record for a single-family home sale reaching $108 million in 2024. Little Lake Lodge is poised to surpass this benchmark, potentially elevating it to a national record should it sell for the asking price.

Prospective buyers are informed that the taxes on this property, under Pitkin County's property tax rate of approximately 0.3% to 0.5% of assessed property value, would approximate $131,755 annually.

As the property garners interest, it highlights the evolving landscape of Aspen's real estate market, characterized by high demand and restrictive building regulations. These dynamics, coupled with its unique location and comprehensive amenities, underscore the exceptional nature of this opportunity.

Stewart and Lynda Resnick, known for their philanthropic efforts alongside their successful agricultural ventures, bring an air of prestige to the property. Their decision to list the estate offers a rare chance for individuals looking to invest in one of the nation's most sought-after regions for luxury estates.

In a market continually pushing the limits of residential valuations, Little Lake Lodge stands as a testament to the allure of bespoke, high-end properties and the enduring appeal of Aspen as an elite destination.