Buy Prince Bandar's Colo. Retreat: Only $135 Million

The mountain getaway of Saudi Prince Bandar is up for sale for $135 million, which could set a U.S. record for a real estate transaction, according to published reports.

Real estate agent Joshua Saslove told the Aspen Times for a story Tuesday that Bandar's 15-bedroom, 16-bathroom, 56,000-square foot mountain palace - complete with a racquetball court, indoor pool and outdoor water features - is up for sale because the prince is too busy to enjoy it.

The property also includes several smaller homes. Bandar has been developing it since the 1980s.

Bandar has been busy leading his country's security council and spending a lot of time in Washington, Saslove said. Bandar was also the Saudi ambassador to the United States from 1983 to 2005.

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Donald Trump's mansion in Palm Beach, Fla., on the block for $125 million, had been expected to set the record, according to Forbes' Most Expensive Homes 2006.

Trump's property includes a ballroom, 100-foot long swimming pool and 475 feet of oceanfront.

© 2006 Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

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