Sun Valley Big Wood River Auction!

Sun Valley Big Wood River Auction!

Sun Valley Big Wood River Auction!

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Switching to another popular ski location, Sun Valley, Idaho, at the foot of the famed Bald Mountain, the last chairman of Lehman Brothers, Richard Fuld, is placing his $60 million ski estate on the auction block with no reserve. Fuld, formerly nicknamed "Gorilla" on Wall Street, worked for Lehman for 40 years and was chairman from 1994 until the company’s downfall in 2008. He has been called the best and the worst CEO in the financial industry as well as number nine in CNN’s "Ten Most Wanted: Culprits of the Collapse." Now busy with his new firm, Matrix Advisors, the company has expanded into real estate. Fuld has placed his Sun Valley ski mansion up for auction on August 19th.

The sweeping property of 71.3 acres with 2,100 feet along the Big Wood River has a 9,200-square-foot mountain lodge-style main home, a guest home and entry gate home. Combined, the three rock and timber buildings include 11 bedrooms, 11 bathrooms and staff quarters and is just minutes to Sun Valley Resort ski lifts, the airport and downtown Ketchum. In addition to river frontage, there are spring-fed ponds and a dock next to the guest house. All three residences were designed with the same high end materials used in the main lodge home with American chestnut hardwood floors, cedar-planked ceilings in formal rooms, black-granite countertops, custom Alder cabinets, Walker Zanger backsplash and imported English tile floors in the chef’s kitchen and white marble countertops in all baths. Grand stone fireplaces invite snuggling up with a good book or snifter of after-dinner brandy with friends. Neither detail nor expense was overlooked for gracious, very private enjoyment. Choices for outdoor recreation abound from fly fishing, world class skiing, horseback riding, biking, and kayaking on the river or lakes.

Richard Fuld’s Big Wood River Estate in Sun Valley, Idaho with three buildings on 2,100 feet of Big Wood River frontage on 71.3 acres at the foot of Bald Mountain. Was listed at $59.5 million, going to no reserve auction on August 19th.

Source: www.conciergeauctions.com