Aspen's $3 Million Ski Chalet Now Asks Nearly $30 Million

The alpine retreat Rupert Murdoch bought in the early 1980s for $3 million has come to market at close to $30 million, a return that traces four decades of Aspen's rise as a fixture of American mountain real estate. The listing places the estate among the marquee offerings in a resort town where early acquisitions by prominent owners have quietly compounded in value.

With reporting from Elle Decor.