From once being listed at $125M, Aspen’s Elk Mountain Lodge sells for just $33.5M at auction

From once being listed at $125M, Aspen’s Elk Mountain Lodge sells for just $33.5M at auction
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After heading to a public, no-reserve auction earlier this month, William I. Koch’s 52-acre legacy ranch known as Elk Mountain Lodge is under contract for $33.515 million. The highest bid is a dramatic discount from the property’s peak asking price of $125 million in 2025, which then dropped down...