Former Hockey Player Turned Real Estate Mogul Sells Aspen Estate for a Whopping $55 Million
Patrick Dovigi, a former hockey player and the founder of Green For Life Environmental, continues his winning streak in Aspen’s luxury real estate market. His latest triumph? Selling a stunning 8,000-square-foot mansion in downtown Aspen, Colorado, for a jaw-dropping $55 million.
What makes this deal even more impressive is the short time frame. Dovigi purchased the property for $48.75 million in April 2024 from longtime Aspen residents Ken Sack and Sheri Alden Sack, who had meticulously renovated it. In less than a year, Dovigi turned around and sold the property for a staggering $6.25 million profit, proving his prowess as a savvy real estate investor.
A Prime Piece of Aspen Real Estate
The 8,000-square-foot mansion sits in the heart of downtown Aspen, one of the most coveted and exclusive real estate markets in the country. With a picturesque location and a sleek, modern design, the residence was never even listed for sale publicly.
The identity of the buyer remains a mystery, but given Aspen’s status as a playground for billionaires, it’s likely another high-profile figure. Dovigi himself made only minimal changes to the home after purchasing it, adding an eighth bedroom to increase its market value.
The home was previously owned by Aspen residents Ken Sack and Sheri Alden Sack, who had extensively renovated it before selling it to Dovigi earlier this year. This pristine condition and prime location made it an attractive prospect for a luxury buyer.
Patrick Dovigi: From Hockey Rink to Real Estate Mogul
Patrick Dovigi’s rise from NHL hockey goalie to real estate powerhouse is a story of adaptability, skill, and business acumen. Dovigi, a former draft pick for the Edmonton Oilers in 1997, is now the founder and CEO of Green For Life Environmental (GFL), a multi-billion-dollar environmental services and waste management company.
Since then, he’s taken his competitive spirit from the rink to the world of luxury real estate, becoming one of the most successful property flippers in Aspen, Colorado. Known for his ability to spot undervalued properties, make strategic upgrades, and sell them at a premium, Dovigi’s name has become synonymous with Aspen’s elite real estate market.
A Series of Successful Flips
Dovigi’s recent sale isn’t his first major win in Aspen real estate. He’s been on a hot streak, flipping several ultra-luxurious properties for massive profits.
His Recent Aspen Real Estate Deals April 2024: Bought an 8,000-square-foot downtown mansion for $48.75 million, sold it in October 2024 for $55 million (profit: $6.25M). 2023: Sold a mansion overlooking downtown Aspen for a mind-blowing $108 million to casino mogul Steve Wynn and financier Thomas Peterffy. Dovigi had bought it for $72.5 million in 2021, raking in a profit of over $35 million. 2022: Sold another Aspen home for $55 million, which he had purchased for $44.5 million a year earlier. This deal secured him a $10.5 million profit. 2024: Purchased a $59.75 million mansion previously owned by actor Jack Nicholson, adding yet another iconic property to his impressive real estate portfolio. Aspen’s Real Estate Boom: $30M+ Deals Are the New Normal
Dovigi’s success is emblematic of a broader trend in Aspen’s red-hot luxury real estate market. The demand for high-end properties in this scenic mountain town has been soaring, with prices for prime homes climbing to record levels.
According to data from Aspen Snowmass Sotheby’s International Realty, the first half of 2024 saw a 24% increase in Aspen home sales compared to the same period in 2023. Prices are also on the rise, with the median single-family home price now at $16.5 million, up from $13.9 million in 2023 — an increase of 19%.
Homes in downtown Aspen and properties with views of the surrounding mountains are particularly sought after, as wealthy buyers from across the U.S. and beyond seek luxury retreats away from urban centers.
What Makes Aspen So Desirable?
Aspen has become a global destination for wealthy buyers seeking privacy, luxury, and outdoor recreation. The city offers year-round activities like skiing, hiking, and fine dining — plus the prestige that comes with owning a home in a neighborhood frequented by billionaires and celebrities.
During the Covid-19 pandemic, the demand for private, spacious luxury estates skyrocketed. Wealthy city-dwellers, including tech titans, financiers, and athletes, sought out secluded getaways where they could socially distance in style. Prices in Aspen surged as a result, with several high-profile properties selling for over $30 million.
In many ways, Aspen real estate has become a safe-haven asset — akin to gold or blue-chip stocks. Investors like Patrick Dovigi see the potential for profit, and they’re buying up prime properties with plans to resell them at even higher prices.
The Anatomy of a $55 Million Home
While full details of Dovigi’s latest Aspen mansion have not been released, it’s safe to assume it included many of the amenities that define Aspen’s luxury real estate market. Typical features of Aspen mansions include:
Custom-built kitchens with marble finishes and chef-grade appliances. Multiple bedrooms and bathrooms for guests and extended family. Smart home technology for total control over lights, temperature, and security. Large outdoor decks, terraces, and hot tubs with sweeping views of the mountains. Private home theaters, cigar lounges, and wine cellars for luxury living. 
What’s Next for Patrick Dovigi?
With an established track record of making multi-million-dollar profits on luxury real estate, Dovigi shows no signs of slowing down. His knack for buying, holding, and selling Aspen homes at massive profit margins has made him one of the city’s most successful real estate investors.
His next move? He’s already added a $59.75 million mansion to his portfolio, and if history is any indicator, it won’t be long before that property gets a facelift and hits the market at a much higher price.
Final Thoughts
Patrick Dovigi’s $6.25 million profit from his $55 million Aspen mansion sale cements his status as one of the most successful property flippers in the country. The hockey-player-turned-entrepreneur has proven his ability to spot potential in high-end properties, renovate them minimally, and sell them at significant profit margins.
With Aspen’s real estate market booming and wealthy buyers from around the world eager to secure luxury properties, Dovigi’s success is a testament to the lucrative opportunities available in Colorado’s ultra-exclusive real estate market.
As for what’s next, don’t be surprised if Dovigi’s name is once again tied to another major Aspen flip. After all, with profits like these, he’s clearly playing in a league of his own.
