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Reading: Patrick Dovigi buys Jack Nicholson’s former house for $59.75M
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Real Estate

Patrick Dovigi buys Jack Nicholson’s former house for $59.75M

Editorial Board
Editorial Board Published September 27, 2024
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The residence, generally known as the Newberry or Shaw Home, is an area landmark relationship again to the Eighteen Nineties, constructed in the course of the peak of Aspen’s booming mining period, in keeping with the Nationwide Register of Historic Locations.

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Patrick Dovigi, a former NHL goalie turned businessman, has added to his Aspen actual property portfolio by buying Jack Nicholson’s former Colorado property for $59.75 million, The Wall Road Journal reported on Tuesday.

The property was bought off-market by an entity tied to Seagram heiress Ellen Bronfman Hauptmann and her husband, financier Andrew Hauptmann, The Journal reported. The couple bought the house from Nicholson and his good friend, producer Lous Adler, for $11 million in 2013, and later accomplished a full renovation of the house.

Riley Warwick of Douglas Elliman brokered the deal.

Jack Nicholson | Kevork S. Djansezian/GC Pictures

Nicholson and Adler purchased the house in 1980 for $550,000 after battling poor TV reception at their different Aspen properties.

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The 2 needed higher entry to look at Lakers video games, in keeping with the 2008 e book 5 Simple Many years: How Jack Nicholson Grew to become the Greatest Film Star in Fashionable Instances.

Andrew Hauptman and Ellen Bronfman Hauptman | Rachel Murray / Getty Pictures

The residence, generally known as the Newberry or Shaw Home, is an area landmark relationship again to the Eighteen Nineties, constructed in the course of the peak of Aspen’s booming mining period, in keeping with the Nationwide Register of Historic Locations.

Although the unique house owners of the residence are unknown, Decide Robert Shaw and his spouse, Dorothy Koch Shaw, considerably contributed to its historic significance. Decide Shaw practiced legislation for practically 50 years, whereas Dorothy hailed from the pioneering Koch household, which owned one in every of Aspen’s first lumber yards.

The Shaw Home was additionally notable for its Nineteenth-century vernacular Shingle-style structure, with a singular function being the carriage home built-in into its design.

Positioned prominently at the beginning of Lake Avenue, east of a small triangular park, the home is extremely seen from a number of angles. The property at the moment boasts about 7,900 sq. toes and 6 bedrooms.

Dovigi, founding father of environmental providers firm Inexperienced For Life Environmental, has been energetic in Aspen’s booming luxurious actual property market. Earlier this yr, he bought an Aspen mansion for $108 million, and one other for $55 million in 2022.

The Aspen market stays sturdy, with the median sale value hitting $15.2 million in August, a big improve from the earlier yr, in keeping with Tim Estin of Aspen Snowmass Sotheby’s Worldwide Realty.

E mail Richelle Hammiel

TAGGED:59.75MbuysDovigihomeJackNicholsonsPatrick
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