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Tommy Hilfiger brings Aspen home for $50 million

Looks like fashion mogul Tommy Hilfiger is getting into the house-flipping business.

Nearly three months after spending about $31 million on a ski chalet in Aspen, he sold the slope-side property for a whopping $50 million — earning him a profit of $19 million.

The transaction took place in an off-market deal and closed on March 22nd Wall Street Journal reported first.

“With limited inventory, wealthy buyers pay all it takes to live the Aspen dream,” steven shane, who restocked the property with Compass, The Post said.

“I need to go off-market to identify unlisted properties that will work for my clients. A home in Aspen is a lifestyle investment. Buyers know you can’t ski on a Damien Hirst or fly-fish Apple stock.”

Located slope-side at Little Nell Ski Area on Aspen Mountain, the property features four bedrooms and nine bathrooms. It extends over more than 7,100 square meters.

The property extends over 7,150 square meters.
The property extends over 7,150 square meters.
Courtesy of Mountain Home Photo

Newly built in 2003, the home was described in the previous listing as a ‘one of a kind’ ski property on land owned by the same family since the 1950’s.

It was once listed for rent for a whopping $190,000 a month.

Meanwhile, the 71-year-old fashion designer, known for his all-American brand, swapped his Connecticut estate for a home in Palm Beach last year.

https://nypost.com/2022/03/24/tommy-hilfiger-flips-aspen-home-for-50m/ Tommy Hilfiger brings Aspen home for $50 million

DUSTIN JONES

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