Billionaire Bill Koch has listed his impressive Elk Mountain Lodge estate in Colorado for $125 million. The 52-acre property, situated near Aspen, features a main home of 16,600 square feet and seven guest cabins, totaling 25,300 square feet, with 14 bedrooms and 17 bathrooms. Koch acquired the property in 2007 for $26.5 million, having transformed it from an event venue. Initially listed at $100 million in 2015, he has since seen fluctuations in market interest, including high rental rates of $35,000 per night.
You won't find an opportunity to build this scale of square footage again in Aspen. This is the ultimate multi-generational family legacy property.
Koch has maintained the home since 2007, when he threw down $26.5 million for what was then an event venue on the site of a former dude ranch.
In total, we're talking 14 bedrooms and 17 bathrooms spread across about 25,300 square feet.
The estate consists of a 16,600-square-foot main home and seven guest cabins.
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