Melvilles buy Snowmass lodge after Challenge Aspen backs out of deal
Snowmass Mountain Chalet residents sit on the deck of the ski-in, ski-out lodge in Snowmass Village on Wednesday, March 5, 2021. (Photo by Kelsey Brunner)
The Melville family didn’t distance themselves from ownership of a local mountainside chalet for too long.
On Tuesday, a limited liability company controlled by Craig Melville acquired Snowmass Mountain Chalet for $10.5 million in a deal culminating after the nonprofit Challenge Aspen withdrew interest in buying the lodge.
Sales records at the Pitkin County Clerk & Recorder’s Office identify the buyer as Mountain Chalet Snowmass LLC and the seller as CA Loan I LLC.
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This graph from the city s Finance Department shows real estate transfer collections benefitting the housing program
Real estate transfer tax collections for the city s Wheeler Opera House are shown here from 2014 through 2019.
Free-market and commercial property sales totaling $1.8 billion within Aspen city limits last year resulted in $17.6 million in real estate sales tax collections for the city’s housing program and another $9.5 million for its downtown performing-arts venue.
Those record-setting figures came from the city Finance Department’s latest monthly tax report, issued Friday, and represented a majority chunk of the more than $3 billion in total sales volume recorded in Pitkin County in 2020. Last year’s record-breaking dollar volume included all sales agriculture, commercial and residential, among other types of property transfers and transactions.
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