Whether you are looking for a vacation home for your family, an income commercial property, or a great development opportunity, we have the expertise to leverage your Aspen lifestyle and investment.  Led by Lex Tarumianz—the 7th top performing broker in 2015—we are a team of business professionals with extensive experience and years of hard work in finance, real estate development and management, and hospitality. We have converged with a single purpose—to be the leading experts in Aspen, Colorado, real estate.

By understanding the entirety of our local market, and keeping our focus concentrated on Aspen, we provide an edge for our clients.  We live and breathe Aspen real estate and spend our time discussing, researching, and writing about the local market and unique opportunities. Lex has closed some of the largest commercial and residential transactions in the last five years, totaling more than 120M.

As Aspen is a global destination, in the last 20 years we have developed a significant and dynamic network of contacts that includes real estate investors, developers, brokers, and finance professionals.  We have the ability to execute on unique opportunities outside the Aspen market with this network, which in turn provides a broader perspective for evaluating opportunities within our local market.

Whether in search of luxury Aspen estates or a downtown core condominium, our goal is to deliver the best service and creativity that you will find in this market. Our proven negotiation skills, decades of experience in Aspen’s commercial and residential real estate market, and our personal approach to buying or selling aspen real estate has been the catalyst to multi-million dollar transactions. If you’re looking to buy or sell real estate in Aspen, Colorado, we are the proven team for you. From our global Sotheby’s International Realty network, to our local and international connections, we have what it takes to make Aspen’s elevated living a reality.


  • Residential Property – Our approach to brokerage goes beyond striving for exceptional customer service. We take seriously our responsibility to our clients, treating each investment as if it were our own. Our focus is on satisfying the needs of the client with rigorous research and responsive communication.
  • Commercial Property – Drawing from involvement in leasing and management of commercial buildings, our team knows the commercial market intimately. We understand commercial property value from a dynamic perspective and are methodical at executing commercial acquisitions and dispositions.
  • Commercial Leasing – We don’t take for granted our strong relationships with merchants, landlords, and commercial brokers. Utilizing our network and understanding of the commercial market, we’re able to identify the right fit for a commercial space and execute a deal with efficiency and integrity.
  • Investment Opportunities – Entrepreneurship is our passion. We keep a constant pulse on the market and study every opportunity to add value, reposition, or develop property, seeking an opportunity to exercise our vision and skill.  

Lex Tarumianz

Lex Tarumianz is a licensed Colorado real estate broker affiliated with Aspen Snowmass Sotheby’s International Realty and holds the CFA designation (Chartered Financial Analyst)

Prior to joining Sotheby’s, Tarumianz was a Vice President with US Bancorp in Aspen assisting the bank in the roles of Commercial Banking Relationship Manager and later as a Portfolio Manager in the Trust and Asset Management Division. Tarumianz helped to grow the loan portfolio of the bank and increased the presence of the bank in the Aspen community. He was a member of the Asset Management group’s Economic and Alternative Investment Work Groups.

Tarumianz started his career in Aspen in 1995 with Destination Hotels and Resorts (DHR) at The Gant Condominiums. While with DHR Tarumianz was Regional Director of Revenue Management while also filling several roles at the property level including Revenue Manager and Director of Sales and Marketing. As a Regional Director, Tarumianz assisted properties in the Rocky Mountain region with revenue optimization strategies focused on flexible pricing, inventory controls, and increased use of electronic distribution channels.

Tarumianz is a member of the CFA (Chartered Financial Analyst) Society of Colorado. He currently serves on the Pitkin County Financial Advisory Board and previously served on the City of Aspen Budget Task Force in 2008. He is involved locally with Roaring Fork Leadership, Cloud 9 Toastmasters, and The Aspen Country Day School.

Sarah Pegler

Sarah Pegler joined the team in the fall of 2013. Sarah manages all aspects of client relations, marketing, and business development, in addition to handling contracts and deal facilitation. She is a liaison between all parties involved in a deal. She also manages calendars and deadlines, showings and open houses, and has extensive knowledge of the Aspen market. Sarah is a licensed Colorado real estate broker with Aspen Snowmass Sotheby’s International Realty.

Graduating in 2006 from the Daniels College of Business at The University of Denver, Sarah was awarded a BSBA in Management, minoring in real estate.  Launching her career as a Defeasance Analyst at Capmark Financial, Sarah quickly progressed through the ranks to become Assistant Vice President of Capital Markets at the Denver, Colorado based firm.  Prior to joining Pyramid Property Advisors, Sarah was an Assistant Relationship Manager with US Bank, in Aspen, Colorado.  It was in this capacity that Sarah forged strong ties with the local business community, and gained valuable experience and insights into the workings of local economy and particularly the real estate markets.

Sarah is an active member in the local community, volunteering regularly at local charity and community events.  Sarah is married and a mother of boy/girl twins.  Sarah is also a member of the Aspen Young Professionals Association.  Sarah enjoys live music, and is passionate about the mountain lifestyle Aspen has to offer; in her free time you will likely see her hiking the local trails or hitting the slopes. Sarah is also a Notary Public.

Sotheby’s International Realty Offers A Global Network Connecting Buyers and Sellers of Luxury Real Estate Worldwide.