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Over the summer, a 5.4-acre estate within the private Red Mountain Ranch enclave just north of downtown Aspen, Colo., came to market with an $80 million price tag.

Had it sold for anywhere near the sky-high asking price, it would have easily surpassed the current record—$72.5 million—for the most expensive home ever sold in the wealthy and notoriously pricy Rocky Mountain retreat.

Alas, with no takers ready to break that real estate record, the price has since tumbled by about 25% to its current (and still eye-popping!) $59.5 million. 

Described in marketing material as “Aspen’s last great property,” the unpretentious estate “offers privacy, luxury, and stunning views from Aspen Mountain to Mount Sopris.” In addition to the main house, which disperses three bedrooms and three bathrooms over about 3,500 square feet, there’s an almost 1,400-square-foot studio/guesthouse with another bedroom and bath, plus a detached two-car g