Dallas-based oil and gas exploration executive Matthew Fleeger and his wife Candee are asking $32 million for a Vail mansion that they purchased for $17 million just last year.
Vail, Colorado, is known for its luxurious homes with breathtaking views. While a newly remodeled mountain-style stone home with hand-hewn wood details and jaw-dropping views of the Gore Mountain Range for $32 million would not set a record, it would be among the most expensive homes ever sold in the area.
The expansive six-bedroom, eight-bath mansion, situated less than 500 feet from Gore Creek and less than 1,000 feet from the Vail Fairway to the west and the Vail Nordic Center to the east, is incredible.
Burglund Architects, Ten Plus Three Design in Dallas, and Beck Building transformed this rare 31,363-square-foot lot into a masterpiece to match the celebrated slopes where it resides. With Lutton Lighting and Savant Home Automation, the Fleeger mansion welcomes guests in a great room with soaring floor-to-ceiling glass that draws the eye to the Gore Range to the south. The great room comprises no fewer than four living and dining areas, each with its own fireplace, custom-designed furniture, and a unique view of mountain vistas. The opulent great room boasts a free-standing wet bar.
Warm-season entertainment space can be doubled by opening the floor-to-ceiling glass doors connecting the great room to a covered terrace replete with grill and fire pit. The setting sun sends cascades of colored light over the Gore range in the direction of the Vail Fairway, or guests can look down to the spa and pool with two calming water features. The main level also provides a discrete butler’s pantry and sous chef area and professional kitchen that leads to a capacious family room with an elegant marble fireplace and unobstructed views of the mountain range.
The Fleegers’ master bedroom also features unobstructed views of the Gore Range and its own elegant marble fireplace. The master bathroom hides a Victoria and Albert soaking tub and a White Beauty spa shower of polished marble. Supporting a work-from-Vail lifestyle, the home office has its own fireplace decked in marble and Armani leather.
On the lower level, there is a huge game room, three more bedrooms, a gym, and easy access to the back patio’s heated pool and spa. The large patio sports another bar with a built-in Wolf grill and seating for dozens of guests. Architects and interior designers agree that the Fleeger residence has unmatched potential to define luxury homes in the United States’ most prestigious resort town.
Owner Matthew Fleeger told Mansion Global that he and his wife Candee spent about $7 million remodeling the home after buying it for $17 million in 2019. The Fleegers loved the setting but found the style of the home too traditional for their tastes and wanted to add larger windows.
Said Fleeger to Mansion Global, “We were honestly shocked when we started looking at the house and what a poor job they did of taking advantage of what, to me, is the money shot in Vail. To not take advantage of that to me made no sense.”
This home in Vail is Fleeger’s eighth construction or renovation project. To his wife’s bemusement, he is more addicted to the journey than to the destination, he says.
“We set the architects loose and basically started over,” Fleeger said. “One of the biggest parts of the renovation involved replacing all of the east wall of the house to put in glass reaching floor to ceiling. The architects and design team redid most of the house, including the kitchen and master bedroom; built a large outdoor patio; and added a pool.”
The Fleeger home is listed with Sotheby’s International Realty.
About Matthew Fleeger
Matthew Fleeger is both the CEO and president of Gulf Coast Western LLC, a managing entity for oil and gas general partnerships and joint ventures. Under Fleeger’s leadership, Gulf Coast Western has navigated a challenging energy market to continue to acquire, explore, and develop U.S. petroleum and natural gas reserves, primarily in the Gulf Coast states. Gulf Coast Western finds properties that have both geophysical and geological advantages with minimal challenges to drilling and distribution.
Fleeger’s mission is to involve his clients with quantifiable downside risk and substantial potential return on investment. He says on his website, “At Gulf Coast Western, we attribute our success over the years to the open and transparent relationships we have always maintained with our accredited partners – relationships built on mutual trust and respect earned through operating with honesty and integrity.”
Dallas-based Gulf Coast Western is a family-owned business started in 1970. It maintains working interests in, as of 2018, 13 working wells with proven reserves of 30 million barrels. Gulf Coast Western manages holdings by Zachry Exploration, Union Gas, LLOX, Neumin Production, and Endeavor NG, which have the potential to produce more than 290 thousand barrels annually.
Matthew Fleeger is a 1986 graduate of Southern Methodist University’s Cox School of Business. In addition to his leadership roles at Gulf Coast Western, Fleeger also founded and served as CEO for MedSolutions Inc. before selling his interest in the company for $59 million. Fleeger also helped found Mystic Tan Palm Beach Tan, which has a combined revenue approaching $100 million.