A $13 Million Cliffside Mega-Mansion Is on the Market in Mexico

bloombergquint.com - 01-10

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(Bloomberg) -- Dick Butera, a real estate developer and onetime owner of Aspen’s Hotel Jerome, regularly leaves Aspen for Mexico during Christmas. Fourteen years ago, he bought a house in Careyes, Mexico—an area on the Pacific Coast south of Puerto Vallarta—and a year later, he discovered that a nearby, 3-acre peninsula was for sale. So he bought that, too. “It didn’t take much for me to say, ‘This is an unusual piece of land,’ ” he says. “It’s got water on three sides.”