Owner of Detroit Pistons Puts House on the Market for $47,000,000

This post was written by jd on January 19, 2010
Posted Under: Real Estate

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For years, it was known as the Christiansen ranch, even though that family wasn’t its original owner. In subsequent years, the parcel that bears the name Glendale Stock Farm was owned by high-profile people including securities trader and philanthropist Boyd Jefferies and most recently, the Davidson family.

Now, according to the Wall Street Journal Ms. Davidson, owner of the Detroit Pistons, said it was time for a change.  “It’s got everything but a post office” she said of her 10 acre property, which includes the main house but also has two guest houses, a former stable and two barns. Ms. Davidson is the widow of Bill Davidson. Mr. Davidson passed away in March 2009 at the age of 86.

Ms. Davidson calls her estate a “landmark” property and says she believes the $47 million asking price is fair. One of the few residential properties in the county that’s allowed to have several structures, Stony Creek Ranch’s buildings offer 16,000 square feet of living space; its white-trimmed red barn is a familiar sight on a two-lane road connecting Aspen and Snowmass Village. Larry Jones and Katie Grange, both of BJ Adams and Company, have the listing.

Despite its square footage, most of the rooms in the main house are modestly sized. The decor is typical Rocky Mountain luxury—radiant stone floors, warm-toned wood—with an emphasis on animal-based accessories. Rooms are decorated with paintings of bison and cows, elk-antler chandeliers, mounted deer heads and upholstered cowhide chairs. The “bovine bathroom” has walls upholstered in black-and-white cowhide.

In 1996, Mr. Davidson (who was dating Ms. Davidson at the time) bought the property for $8.25 million from Wall Street trader Boyd Jefferies, now deceased, and his wife, Sharon. The Davidsons liked the property’s potential as a compound for their growing families.”

The listing information states the following:
2761 Owl Creek Road
Aspen, Co

Price: $47,000,000

Style: Single Family
Bedrooms: 13
Baths Full: 10
Baths Half: 3
Sq Ft: 16000.00
Year Built: 1999

County: Pitkin
Subdivision: Owl Creek
Lot Size: Refer to Acreage
Tax Fee: 29035.00

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