Joe Jaggers didn’t expect Little Brave Lodge in Avon’s exclusive Bachelor Gulch enclave to sell so quickly.
He listed the 10,000-square-foot ski-in, ski-out mansion on nearly 9 acres at the top of a mountain road for $24.9 million Aug. 21. It went under contract Sept. 5 and closed at its list price Oct. 7.
The property in the 400 block of Horizon Drive was bought by Maggie Hardy, owner of both 84 Lumber Co., a Pennsylvania-based building materials retailer, and Nemacolin Woodlands Resort in the southwest part of that state.
Hardy previously bought a similar ski-in, ski-out property in Aspen for $17.4 million in 2019. She sold it for $26 million in May 2024, about a year after listing it for $41 million.
When Jaggers sold a home in Breckenridge previously, it took three seasons.
“This one went so quickly it made my head spin,” said Jaggers, the founder and former CEO of Jagged Peak Energy, an oil and gas firm.
Inside Little Brave Lodge in Avon. (Photos courtesy of Macky Bowlin with 360 Productions via BusinessDen)Jaggers paid $16 million for Little Brave Lodge, which provides direct access to the Little Brave ski run, and spent $3 million on improvements.
Those projects included widening the driveway and adding more parking and solar-powered heat to prevent icing.
He also added a gate to improve privacy, a DaVinci roof, which meets the state’s new fire mitigation requirements, and a custom spa-hot tub that Jaggers calls “a spool.”
The mansion showcases its location through soaring ceilings and expansive windows that frame views of the Gore Range. The open concept great room boasts a floor-to-ceiling fireplace, two dining areas and a gourmet kitchen.
Jaggers, who will turn 72 next month, said it’s time to hang up his skis because he’s become a tentative skier.
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He plans to continue living in Denver and buy a second home in Hawaii.
Anna Menz with LIV Sotheby’s International Realty represented both the seller and buyer in the transaction. This is the third time she’s been involved in selling the property.
Bachelor Gulch, one of Beaver Creek’s three base areas, is home to 500 residents. The $24.9 million sale is a record high for properties in the enclave.
Read more at our partner, BusinessDen.
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