Elevated Returns acquires Redstone Castle

Elevated Returns acquires Redstone Castle

Redstone Castle

US: Stephane and Sabrina De Baets, whose holding company Elevated Returns owns The St Regis in Aspen, have acquired the historic Redstone Castle.

Stephane and Sabrina plan to transform the property into a spa and wellness retreat.

Redstone Castle was completed in 1902 for industrialist and coal magnate Join Cleveland Osgood. The castle, also known as Osgood Castle and Cleveholm Manor, was placed on the National Register of Historic Places in 1971, and underwent a renovation between 2016-19.

The first American outpost of medical wellness spa Rakxa is expected to be introduced at the castle, which first launched in Bangkok.

For now, the De Baets’ will open the castle for special retreats and experiences. It will also be open to support community events and art shows.

Mr De Baets said: “We have been looking for almost five years for a site to build a world class wellness retreat and after several unsuccessful attempts we came across Redstone Castle and directly fell in love with it. 

“We are very excited to work with Pitkin county and the local community. We believe that wellness tourism is the perfect solution for the historic Redstone Castle as it is the least disruptive to the local community in terms of traffic and noise pollution.”

Mrs De Baets added: “Everyone is obsessed with wellness and nature, and it is only natural for Pitkin County to be the epicentre of this trend. This place is just magical, and we are so excited to work closely with the local community. Starting this summer we will offer an outdoor yoga focused retreat, meditation classes, and culinary and nutrition camps.”

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