Patrick Dovigi Sells Aspen Mansion for $55 Million, Months After Buying it for $48.75 Million

Dovigi, founder of the environmental services and waste-management company Green For Life Environmental, bought the house for $48.75 million from longtime Aspen residents Ken Sack and his wife, Sheri Alden Sack, who had renovated it. Dovigi added a bedroom for a total of eight, but made few other changes to the property, according to people familiar with the purchase.

 

In recent years, Dovigi has bought and sold multiple Aspen homes at significant profits. This spring, he sold a mansion overlooking downtown Aspen for $108 million to former casino mogul Steve Wynn and financier Thomas Peterffy, after buying it for $72.5 million in 2021. In 2022, Dovigi sold a home for $55 million, $10.5 million more than he paid a year prior. Most recently, Dovigi paid $59.75 million for an Aspen house once owned by the actor Jack Nicholson.

A former hockey goalie, Dovigi was drafted by the NHL’s Edmonton Oilers in 1997 and played for several years.

Overall, Aspen real-estate values shot up during Covid, with a string of $30 million-plus deals. During the first half of 2024, the number of Aspen home sales rose 24% from the same period of last year, according to Tim Estin of Aspen Snowmass Sotheby’s International Realty. The median single-family home price in Aspen was $16.5 million, up 19% from $13.9 million during the first half of 2023.

Riley Warwick of Douglas Elliman, who brokered both sides of the Dovigi sale, declined to comment.

 

By: E.B. Solomont I msn I December 4, 2024