West Buttermilk estate sells for $31.5 million

By Troy Hooper
Real AspenOctober 30, 2010
2435 West Buttermilk Road

An estate on West Buttermilk Road sold for $31.5 million Friday, setting a new high for a single-family home sale in Pitkin County this year.

The centerpiece of the sale is a modern Aspen castle, complete with stone walls, that sits on 44 acres along with a guesthouse, six-stall barn, garages and other luxurious amenities. There are competing reports on the main home's size but the county assessor's website has it listed at 13,550 square feet.

Joshua Saslove of Joshua & Co. represented the seller, local Internet entrepreneur Robert Zangrillo who records show owned the property under WBR Associates LLC based in Woodside, Calif.

Steven Shane of SDS Real Estate represented the buyer, whose identity wasn't revealed beyond the Aspen Grove Properties LLC with which he bought the property. The home was initially listed for sale at $60 million and then dropped to $47.5 million. What it eventually fetched — $31.5 million — beats out this year's previous big sale of a $24.5 million McClain Flats home to hedge fund manager John Paulson.

Records show Zangrillo bought the property from the Pfister family for $2.9 million in 1999.

Improvements to the land came later. The home wasn't completed until 2008.

A view of the main house and the guest quarters.



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River Name / Location Stream flow, ft3/s Gage height ft
Gore Creek
At Upper Station, Near I-70 Twin Bridges n/a 4 ft
Booth Creek n/a 4 ft
Abv Red Sandstone Creek At Vail 182 6 ft
At Mouth Near Minturn 223 7 ft
Beaver Creek
At Avon 21 2 ft
Lake Creek
Near Edwards 80 1 ft
Cross Creek
Near Minturn 100 4 ft
Homestake Creek
At Gold Park 127 5 ft
Eagle River
East Fork Eagle River Near Climax n/a 2 ft
At Red Cliff 30 3 ft
Near Minturn 234 4 ft
Wastewater Treatment Plant At Avon 675 5 ft
Below Gypsum 826 5 ft
Colorado River
Near Kremmling 404 4 ft
Near Dotsero 1,630 3 ft
Below Glenwood Springs 3,140 5 ft
Near Cameo 3,740 6 ft
Below Grand Valley Div Nr Palisade 2,080 5 ft
Near Colorado-utah State Line 4,120 4 ft
Near Cisco, Ut 4,060 3 ft
At Lees Ferry, Az 12,100 9 ft
Near Grand Canyon, Az 12,200 9 ft
Yuma Main Canal Ww At Yuma, Az 1,010 10 ft
Roaring Fork River
Abv Lost Man Cr Near Aspen n/a n/a ft
Ab Difficult C Nr Aspen 52 1 ft
Near Aspen 78 1 ft
Near Emma 480 6 ft
At Glenwood Springs 1,180 3 ft
Hunter Creek
Near Aspen 56 2 ft
At Aspen 48 4 ft
Frying Pan River
Near Ruedi 113 2 ft
Crystal River
Abv Avalanche Crk, Near Redstone 540 2 ft
Arkansas River
Ef Arkansas R At Us Highway 24, Nr Leadville 47 3 ft
Near Leadville 86 5 ft
Below Empire Gulch Near Malta 156 3 ft
Below Granite 429 4 ft
Near Nathrop 451 4 ft
At Parkdale 464 3 ft
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