Former SoftBank Exec Lists Three Aspen Properties for Combined $71.5 Million
Nearly three years after buying a trio of properties in Aspen, Colo., former SoftBank Group executive Marcelo Claure is listing them for a combined $71.5 million.
Mr. Claure purchased the three properties in two transactions totaling nearly $22 million in 2020, records show. Two of the parcels, which come with plans for a pair of roughly 15,000-square-foot houses, are being offered for a total of $45 million, said listing agent Brittanie Rockhill of Douglas Elliman. A third, roughly 6.5-acre parcel with an approximately 6,770-square-foot house on it listed for $26.5 million in July, according to Zillow.
The three properties are located just outside downtown Aspen, with mountain views. One of them, spanning 10.5 acres, has a long-vacant, roughly 11,000-square-foot house on it, but comes with plans for a new seven-bedroom house, plus an outdoor lap pool, golf course and barn. It is asking $25 million. An approximately 10.8-acre parcel asking $20 million has plans for a 3-bedroom house as well as a riding field, pond, stable and hay barn. Ms. Rockhill said there are approvals for both sets of plans, but the seven-bedroom home is permit-ready.
Mr. Claure is the founder and CEO of Claure Group, an investment firm and family office. In January, he was tapped by Shein, one of the world’s largest online fashion retailers, to be chairman of its Latin American business. Mr. Claure made a personal investment of about $100 million in Shein, reported The Wall Street Journal. He was the chief operating officer of SoftBank Group, a Japanese conglomerate, before leaving the company last year. He served as chief executive of Sprint from 2014 to 2018.
Last year, Mr. Claure listed a piece of waterfront land in Miami Beach for $39.9 million. Now asking $34.9 million, the property comes with permitted plans for a 14,000-square-foot home.
In Aspen, luxury sales have dropped from the market’s peak last year, but Ms. Rockhill said luxury home prices are still strong due to low inventory. Through the end of March, the number of sales so far this year was down 44% compared with the same period of 2022, according to data from Sotheby’s International Realty, but the median single-family home sale price in March rose 20% year-over-year.
“There are obviously fewer transactions than there were in our Covid peak, but we’re getting back to what’s more of a normal pace,” Ms. Rockhill said.
By: E.B. Solomont | The Wall Street Journal \ April 19, 2023