Bill Koch to auction his $125M, 52-acre Aspen estate that never found a buyer
Billionaire Bill Koch is auctioning his 52-acre Aspen estate after failing to find a buyer at its original price of $125 million. The Elk Mountain Lodge estate will be available for a 10-day online auction starting July 7, following a price reduction to $99 million. Koch, who transformed the property into a family retreat, believes the auction format will attract new interest in this unique asset.
- ▪Bill Koch's Elk Mountain Lodge estate spans 52 acres in Aspen's Castle Creek Valley.
- ▪The property was initially listed for $125 million but has been reduced to $99 million.
- ▪Koch has a history of using auctions to sell high-value assets, including fine art and wine.
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Real Estate Bill Koch to auction his $125M, 52-acre Aspen estate that never found a buyer By Mary K. Jacob Published May 28, 2026, 4:46 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Billionaire industrialist Bill Koch is taking his sprawling Aspen retreat to auction after failing to secure a buyer at nearly nine figures, according to a press release. Koch’s 52-acre Elk Mountain Lodge estate, tucked into Aspen’s Castle Creek Valley about 11 miles from downtown, is headed to a 10-day online auction through Concierge Auctions beginning July 7. The compound had previously been listed for $125 million before receiving a price cut to $99 million. The seller is no stranger to the auction world.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.