Media executive Lachlan Murdoch has paid $29 million for a large equestrian property in Aspen.
The Colorado home was first listed for $49 million in 2015, and the price dropped to $44 million in June.
The 46-year-old son of media mogul Rupert Murdoch, Lachlan Murdoch is co-chairman of News Corp., which owns Dow Jones & Co., publisher of The Wall Street Journal. He is also executive chairman of 21st Century Fox, which shares common ownership with News Corp. He confirmed through a representative that he and his wife, Sarah, were the purchasers.
Nestled on Buttermilk Mountain, the estate, known as Mopani, has views of Red Mountain, the city of Aspen and Mount Sopris, a twin-summit mountain in the Elk Mountains range, according to the listing.
The main home, a 13,500-square-foot contemporary house with six bedrooms and six full bathrooms, was recently completed. There is also a two-bedroom, two-bathroom guesthouse on the site, connected to the main house via an 1,800-foot driveway, as well as an outfitted stable, according to the listing.
Amenities include a home theater, a 300-bottle wine cellar, two outdoor kitchens, a gym and an art gallery, according to the listing. Inside, there are stone fireplaces, custom-made chandeliers and wide-plank walnut floors.
The sellers were technology entrepreneur Mark Schaszberger and his wife, Trami. The Schaszbergers had owned the site through a limited-liability company since 2008, public records show. Mrs. Schaszberger declined to comment on the sale. The Schaszbergers were represented by Amy Doherty and Joshua Saslove of Douglas Elliman in the sale. Maureen Stapleton of Sotheby’s International Realty represented Mr. Murdoch.
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