Uncategorized

Inside the $300 Million Aspen Mega-Estate With 18 Bedrooms, 24 Bathrooms, and Its Own Private Lake

ctrl 17 hours ago

0 2 minutes read

Tucked into the Rocky Mountains just outside Aspen, Colorado, sits a property so vast and so meticulously crafted that the listing itself calls it an opportunity that “can never be matched or replicated.” Welcome to Little Lake Lodge — a 74-acre alpine compound that just hit the market for a staggering $300 million.

A Compound, Not Just a House

Located at 161 Stillwater Drive, this isn’t a single home — it’s an entire private ecosystem. The estate spans four parcels of land and includes multiple residences, miles of formally marked trails, and a pristine private lake stocked with thriving trout.

The heart of the property is an 18,466-square-foot main residence known as Little Lake Lodge, set beside the private lake amid native landscaping and preserved wild flora. But that’s just the beginning.

The Numbers Are Almost Hard to Believe

Here’s what $300 million gets you in Aspen:

18 bedrooms
24 bathrooms (20 full, 4 half)
27,426 square feet of total interior livable space
8 fireplaces
5-car heated garage
74.1 acres of land
Built in 1994, kept in excellent condition

The property also features radiant heating, central air, an elevator, a finished basement, and is being sold fully furnished.

A Private Lake, an Infinity Pool, and the Roaring Fork River

The estate’s grounds are arguably its most jaw-dropping feature. Beyond the trout-filled private lake, the property includes:

An 80-foot infinity-edge pool
Direct frontage on the Roaring Fork River
Miles of trails groomed for cross-country skiing in winter
Covered and open-air terraces with mountain views
Habitat for native birds and wildlife

And despite its remote, ecosystem-like feel, downtown Aspen is just one mile away — reachable by a riverside walk, a quick bike ride, or a short drive.

Multiple Homes for Guests and Staff

Little Lake Lodge isn’t alone on the property. The compound also includes:

A 5,286-square-foot modern guest home built in 2014 along the Roaring Fork River, with en suite baths and a heated two-car garage
A 2,432-square-foot alpine-style residence with 3 bedrooms and 3 baths
A 1,024-square-foot home with 2 bedrooms and 2 baths

In total, the estate can comfortably host an entire extended family — plus staff.

A Future Mansion That Can Never Be Built Again

Here’s where it gets even more exclusive: through what the listing calls “conscientious negotiation with Pitkin County,” the new owner has approved plans to build a second 19,750-square-foot residence on the property.

That’s significant because Pitkin County’s current maximum permitted house size is just 9,250 square feet. In other words, this entitlement is grandfathered in and cannot be replicated under today’s laws.

The ready-to-build plans are designed by award-winning architectural firm Rowland + Broughton, and they’re included in the sale.

Aspen’s Most Talked-About Listing

According to Zillow data, the property has been on the market for 210 days and has racked up over 25,000 views with hundreds of saves. With a listing price of $10,939 per square foot, it stands as one of the most expensive residential offerings in the entire Mountain West.

The annual property taxes alone come in at over $131,000 — which is more than most American families pay for an entire home.

The Bottom Line

Little Lake Lodge is being marketed as a “multigenerational compound” — a legacy property meant to be passed down rather than flipped. With its irreplaceable scale, protected wildlife habitat, and unique entitlement to expand, it represents a once-in-a-generation opportunity for an ultra-wealthy buyer looking for something truly singular.

Whether anyone actually pays $300 million for it remains to be seen. But one thing is certain: there will never be another property quite like it in Aspen.

Listing details: 161 Stillwater Dr, Aspen, CO 81611 Listed by: Mandy Welgos, Aspen Snowmass Sotheby’s International Realty MLS#: 189841