The long slog through the holiday season is upon us, and between the day job, gift shopping and party planning, you're probably thinking: A few days at a mountain house would be a swell break from the madness.
Lucky you. Aspen Red Mountain Estate, set in the nation's glitziest ski town, offers relief. Amenities? Seven bedrooms and baths, gourmet kitchen, Jacuzzi, theater system, fully equipped exercise room. All ensconced in a gorgeous 12,000-square-foot chalet.
The rental price for all this luxury? Eh, let's just say that if you want to spend a night there, Junior better start collecting pop bottles to pay for his freshman year of college. Holiday rates for the house are $20,000 a night, $200,000 for the month. Or you can opt for the cheaper off-season rate of $15,000 a night. Welcome to the growing business of high-end, high-country rental properties, where sprawling houses owned by the gazillionaire next door are rented to other gazillionaires. Clients range from oil sheiks in Dubai to the Hollywood celebrity du jour. While it's a year-round enterprise, the December holidays are the boom season. The super-rich flock to Colorado in winter. And wherever they roost — Aspen, Vail, Beaver Creek, Telluride, Steamboat Springs — there are homeowners and real-estate brokers poised to make sure they don't wind up in a stable. Heidi Houston is a major player in the business. Houston is president of Houston & Gorog and Five Star Destinations, which deal in luxury vacation rentals in Aspen and Snowmass. "We rent homes from a low-end value of $3.5 million up to $40 million," she said. Yes, there's a correlation between a house's value and the rent it commands.
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