Saudi prince gets no suitable offers for his Colorado estate

A Saudi prince had to take his Colorado estate off the market because he got no suitable offers.

Photo: Saudi prince gets no suitable offers for his Colorado estate

Saudi prince gets no suitable offers for his Colorado estate

Prince Bandar bin Sultan, the former Saudi ambassador to the U.S., put the 90-acre (36-hectare) mountain ranch and 56,000-square-foot (5,200-square-meter) mansion up for sale in 2006. Real estate experts had said at the time that the headline-grabbing asking price - if someone could be found to pay it - could set a U.S. record.

Attorney William Jordan III, who represents Bandar's local interests, told the Aspen Daily News in a story published Thursday that Bandar and his family have decided to keep the estate.

No one had made an offer that was acceptable to Bandar, real estate broker Joshua Saslove said.

The mansion has 15 bedrooms, 16 bathrooms, a racquetball court and an indoor pool. The prince wanted to sell because he was too busy to enjoy it, Saslove said last year.

Bandar served as ambassador to the United States from 1983 to 2005. He is now head of Saudi Arabia's National Security Council.