Tommy Hilfiger Gets $66.7 Million for Aspen Ski Home
The famed fashion designer sold the ski-in, ski-out property about three months after buying it for nearly $42 million.
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In Aspen’s booming luxury market, fashion designer Tommy Hilfiger has sold a slopeside mansion for $66.7 million, roughly three months after buying it for nearly $41.3 million.
The ski-in, ski-out home traded in an off-market deal that closed Tuesday, said Steven Shane of Compass, who represented both parties in the transaction. He declined to disclose the identity of the buyer. Mr. Hilfiger and his wife, Dee Ocleppo Hilfiger, bought the Aspen Mountain property in December, property records show.
PHOTO: JORDAN STRAUSS/INVISION/AP
Mr. Hilfiger declined to comment. The designer, known for his all-American clothing brand, is also a prolific house renovator. Last year, the Hilfigers traded a grand Connecticut estate for a mansion in Palm Beach, The Wall Street Journal reported.
Mr. Shane said the Hilfigers had spent several years looking for a “legacy property” in Aspen to remodel and make their own. “It was never their intention to buy it and sell it,” he said. “It’s difficult to pry a property like this one away, but I think everything has a price.”
Built in 2003, the house is about 665sqm with four bedrooms, Mr. Shane said. It is located on the Little Nell ski trail on Aspen Mountain.
The Hilfigers bought the home from the family of the late Cynthia and George P.Mitchell, property records show. Mr. Mitchell was a Texas real-estate developer and oil baron who pioneered fracking.
Thanks to limited inventory and high demand, Aspen’s luxury market is burgeoning. Last year, a mansion overlooking the tony ski town sold for a record approx. $96.5 million, the Journal reported. A mountaintop mansion recently traded for approx. $54 million.
Mr. Shane said he’s doing an increasing number of off-market deals. “When somebody wants something, they buy it,” he said. “Most often it will be worth more tomorrow than what they paid for it today.”
Reprinted by permission of The Wall Street Journal, Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: March 22, 2022.
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The actress has owned the rustic-chic house in Sagaponack, New York, since 2019
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Drew Barrymore is making an almost $8.5 million adjustment to her real estate portfolio with the listing of her home in the Hamptons.
The renovated barn, built in 1920, is asking $8.45 million and sits on 1.7 acres in the heart of Sagaponack, less than a mile from the ocean. It hit the market last week.
The actress and talk show host has owned the seven-bedroom home—which has appeared across her social media platforms—since 2019, when she paid $5.5 million for it using a limited liability company for the purchase, records in PropertyShark show.
Despite its transformation into a residence, the former barn still has plenty of period charm, from soaring ceilings and exposed beams to hardwood floors.
The hub of the 6,850-square-foot, light-filled home is the great room and adjacent breakfast nook and kitchen, the latter of which is separated from the rest of the space by a wall made from window frames. Glass doors open up from the great room onto a deck.
There’s also a living room with a brick fireplace, a pink-painted dining room with a sloping ceiling and a skylight, and a den. Plus a separate one-bedroom guest house with a living room and office area, according to the listing with Kathy Konzet of Sotheby’s International Realty – East Hampton Brokerage. Konzet wasn’t immediately available to comment.
The park-like grounds, complete with flowering gardens and rolling lawns, are home to a pool, pool house, a bocce court and plenty of areas for outside entertaining.
Barrymore, 49, began her career at just 11 months old when she appeared in a dog food commercial, and at 7, she starred in 1982’s “E.T. the Extra-Terrestrial.” As an adult she’s best known for roles in “Charlie’s Angels,” “Grey Gardens,” “The Wedding Singer,”and “50 First Dates.”
Her talk show, “The Drew Barrymore Show,” debuted in 2020. A representative for the star couldn’t be reached for comment.
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Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
