Palantir CEO Sets Colorado Record With Historic Snowmass Purchase
A sprawling historic property outside Aspen has officially set a new benchmark for Colorado luxury real estate. Palantir cofounder and CEO Alex Karp purchased the former St. Benedict’s Monastery in Snowmass for $120 million, marking the highest residential sale ever recorded in Pitkin County. The buyer plans to use the expansive ranch as a private residence.
Key Points:
• The 3,700 acre Snowmass property sold for $120 million, a county record
• The land was owned for about 70 years by an order of Trappist monks
• The main monastery spans about 24,000 square feet with additional residences and cabins
• The sale reflects rising demand and limited inventory in the Aspen Snowmass luxury market
As nine figure sales become more common in Aspen and Snowmass, rare legacy properties continue to command global attention. This transaction underscores the enduring value of land, privacy, and proximity in one of America’s most exclusive mountain markets.
By: E.B. Solomont and Katherine Clarke | The Wall Street Journal | Dec. 16, 2025
Photo: Willie Fowler/Camera Head Media