Aspen realty: $24.4 million for empty Billionaire Mountain lot

An anonymous buyer just purchased an empty 4.4-acre Aspen plot for $24.2 million, Mansions Global reports.The lot — previously a part of a massive 40-acre estate — broke several real-estate records, despite its lack of luxury housing.Located on Red Mountain, nicknamed Billionaire Mountain, the area is well-known for being a winter home to the rich and famous.Visit Business Insider's homepage for more stories.One of Aspen's most expensive lots just sold — and it's completely empty.According to Mansions Global, the $24.2 million purchase in April broke two Aspen records: the most expensive empty residential lot ever sold and the highest residential sale so far in 2019. Purchased by an anonymous buyer, the 4.4-acre plot sits on Red Mountain, one of the most coveted locations in one of the most expensive ski towns.Read more: There are 4 ski destinations in the world where homes consistently sell for over $25 million, and only one of them is in the USRed Mountain, commonly referred to as “Billionaire Mountain,” is a popular winter home for the rich and famous. High-profile residents include Walmart heiress Ann Walton Kroenke and hedge-fund manager John Paulson. Mansions Global reported that the property previously belonged to the massive 40-acre estate owned by Marian Rubey Lyeth Davis, whose family started the company that became Maxwell House Coffee.The empty lot is just one example of prime Red Mountain real estate; an $18 million ranch owned by one of the ski town's founding families was recently listed in March. While the listing includes a finished mansion, one of the property's three other lots remains empty and is under construction for new development.Additionally, the Aspen property was not the only vacant lot on the market: a similar multi-million-dollar chunk of land currently sits on a Los Angeles hilltop.