Aspen Mansion Sells for $72.5 Million, Setting Record for the Tony Colorado Town

Aspen Mansion Sells for $72.5 Million, Setting Record for the Tony Colorado Town

The seller is Lewis A. Sanders, founder and chief executive of New York investment firm Sanders Capital, the people familiar with the deal said. Mr. Sanders was formerly chairman and chief executive of Sanford C. Bernstein, according to a biography on his company’s website. That company is now part of AllianceBernstein. The house sits at the base of Aspen’s Red Mountain.

The roughly 22,000-square-foot, 11-bedroom compound, which includes a guesthouse, was purchased in 2009 for $43 million, according to public records. Mr. Sanders later renovated the property, according to a person familiar with the situation. It wasn’t publicly listed for sale this time around.

The buyer is Patrick Dovigi, a retired Canadian professional hockey player turned entrepreneur. Mr. Dovigi is president and CEO of Green For Life Environmental, a Canadian environmental services and waste management company.

Mr. Sanders declined to comment. Mr. Dovigi didn’t immediately respond to a request for comment.

Built from wood, glass and stone, the house was completed in 2006 and sits on about 4½ acres at the base of Aspen’s Red Mountain. The property overlooks downtown Aspen and includes a heated outdoor pool and a garage, The Wall Street Journal reported in 2009.

Tal and Oren Alexander of Douglas Elliman, who represented Mr. Dovigi in the $23.25-million sale of his Florida home last year, referred the deal to their local colleague Riley Warwick. “The high-end market has reached new heights across the country” based on deals in New York, Miami, and Aspen, Mr. Alexander said in an email. Joshua Saslove, also of Douglas Elliman, represented Mr. Sanders in the transaction.

Write to Katherine Clarke at and E.B. Solomont at More Private Properties

Click here to view original web page at