The current record for Aspen’s most expensive single-family home sale stands at $108 million, set in 2024. That transaction was also a Colorado state record. With Little Lake Lodge listed at nearly three times that amount, the estate is poised to reset benchmarks in the luxury housing market.
The United States’ most expensive property has officially entered the market with an eye-watering price tag of $300 million. Known as Little Lake Lodge, the estate sits on 74 acres in Aspen, Colorado, and is being marketed by Sotheby’s International Realty. Built in 1994 by California billionaires Stewart and Lynda Resnick, co-owners of The Wonderful Company, behind household brands such as FIJI Water and POM Wonderful, the estate represents the pinnacle of luxury living.
Sotheby’s has described the property as the highest-priced home currently for sale in America, outstripping its nearest competitor: a Long Lake, New York estate listed for $125 million.
What do we know about these properties?
Little Lake Lodge, located at 161 Stillwater Drive, encompasses a vast 27,000 square feet of living space. The mansion includes 18 bedrooms, 20 full bathrooms, and four partial bathrooms, making it ideal for hosting at an unprecedented scale.
The estate is bordered by public land while remaining just one mile from downtown Aspen, combining seclusion with convenience. Its setting, beside a six-acre private lake and surrounded by carefully preserved native landscaping, offers both grandeur and natural serenity.
Beyond its interiors, the property features four separate parcels of land, 45 parking spaces, and extensive outdoor amenities. A network of private trails winds through the grounds, suitable for hiking, cross-country skiing, and biking, underscoring the estate’s fusion of opulence and outdoor recreation.
Rising rarity in Aspen
According to Mandy Welgos, the Sotheby’s agent representing the listing, interest has already been expressed by multiple potential buyers since the property hit the market. She described the home as “an opportunity to establish an enduring legacy of luxury and harmony with a majestic natural setting.”
The current record for Aspen’s most expensive single-family home sale stands at $108 million, set in 2024. That transaction was also a Colorado state record. With Little Lake Lodge listed at nearly three times that amount, the estate is poised to reset benchmarks in the luxury housing market.
Aspen’s property market makes the estate even more exclusive. In November 2023, Pitkin County reduced the maximum allowable house size from 15,000 square feet to 9,250 square feet, dramatically limiting the scope for future builds of this magnitude. As a result, properties such as Little Lake Lodge have become almost impossible to replicate.
Owning such a property naturally comes with substantial financial responsibilities. Annual property taxes for Little Lake Lodge are estimated at around $131,755, based on Pitkin County’s tax rate of 0.3 to 0.5 per cent of assessed value. For comparison, a $10 million home in Aspen typically incurs $30,000 to $50,000 in taxes annually.
Yet the potential for value appreciation is considerable, given the scarcity of ultra-large homes in the county and Aspen’s reputation as a global luxury destination.