NOT LISTED FOR SALE

1099 Willoughby Way Aspen, CO 81611

Estimated Value: $6,414,000 - $36,632,796

7 Beds
10 Baths
9,521 Sq Ft
$2,261/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $37,581,909 $3,947 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $122,177/month

375 Days on Market

Highlights

  • Spa
  • 1.12 Acre Lot
  • Main Floor Primary Bedroom
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • Steam Shower

About This Home

As of June 2022

Developed by Good Property in collaboration with Gabellini Sheppard, Eigelberger Architects, Design Workshop and Henrybuilt, 1099 Willoughby Way is located on just over 1 acre at the end of Aspen's most exclusive street. This private 51k sf lot backs up to US Forest Service Land and has direct 180 degree views of Aspen Mountain, Highlands, Buttermilk and Independence Pass. Good Property is developing a 9k sf ultra high end luxury single-family residence in the Japanese Modern style. The design of the home and surround will be warm and welcoming, employing light and air in the design aesthetic to create floor plans, vistas and views that help craft the overall experience with the necessary comforts of home.With the spirit of nature in mind, the design of the home employs ''bringing the outdoors in" and creates living spaces that are free flowing from inside to out. The home boasts 7 beds, 7 baths, 3 half baths, an indoor gym and spa including steam room and sauna, media room, wine cellar, bunk room, two car garage, outdoor pool, spa and multiple entertaining areas, chefs kitchen with butlers pantry, multiple utility rooms and much more. Some of the unique design elements include custom millwork throughout by Henrybuilt, pietra cardosa and Arrigoni floors, Tadelakt finishes in all baths, custom fireplaces, Gaggenau appliances and custom MGS fixtures and more. Welcome to 1099 Willoughby Way. With the spirit of nature in mind, the design of the home employs ''bringing the outdoors in" and creates living spaces that are free flowing from inside to out. The home boasts 7 beds, 7 baths, 3 half baths, an indoor gym and spa including steam room and sauna, media room, wine cellar, bunk room, two car garage, outdoor pool, spa and multiple entertaining areas, chefs kitchen with butlers pantry, multiple utility rooms and much more. Some of the unique design elements include custom millwork throughout by Henrybuilt, pietra cardosa and Arrigoni floors, Tadelakt finishes in all baths, custom fireplaces, Gaggenau appliances and custom MGS fixtures and more. Welcome to 1099 Willoughby Way.

Last Agent to Sell the Property

Carrie Wells

CB, The Aspen Broker Brokerage Phone: (970) 925-7000 Listed on: 07/24/2020

Last Buyer's Agent

Brittanie Rockhill

Douglas Elliman Real Estate-Durant License #FA.100019229

Douglas Elliman Real Estate-Durant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,138

Year Built

  • Built in 2022

Lot Details

  • 1.12 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R30

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 9,521 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Home Security System
  • Laundry Room
  • Property Views
  • Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Steam Shower

Pool

  • Spa
  • Outdoor Pool

Additional Features

  • Patio
  • Central Air

Community Details

  • Association fees include sewer
  • Pitkin Green Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 273501402002

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,138

Year Built

Built in 2022

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.12
  • Subdivision Name: Pitkin Green
  • Directions: Red Mountain Road to Willoughby Way. Follow Willoughby Way all the way to the end. Property on the right.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 2022
  • Tax Parcel Letter: R003533
  • Attribution Contact: (970) 925-7000
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R30
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 33138.0
  • Financing Info:Tax Year2: 2020
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Condition:Excellent: Yes
  • Unit Faces:South: Yes
  • Substructure:Finished Basement: Yes
  • Water:Community: Yes
  • Cooling:Central AC: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 6000.0
  • Special Features: NewHome

Interior Features

  • Has Basement: Finished
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 9521.0
  • Fireplace:Gas: Yes

Exterior Features

  • Construction Type: Wood Siding, Stone Veneer, Stone, Frame
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Community

Condo/Co-op/Association

  • Association Fee: 1500.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1500.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Borders Public Land: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 51401.0
  • Parcel #: 273501402002
  • Zoning: R30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 33138.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Jun 12, 2018
Sold by
Gromis 2002 Family Trust
Bought by
1099 Willoughby Way Partners Llc
Seller's Agent
Carrie Wells
CB, The Aspen Broker
Buyer's Agent
Carrie Wells
CB, The Aspen Broker
List Price
$14,950,000
Sold Price
$13,200,000
Premium/Discount to List
-$1,750,000
-11.71%
Current Estimated Value
$21,515,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,315,712
Avg. Annual Appreciation
6.93%
Original Mortgage
$86,000,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2016
Sold by
Gromis 2002 Family Trust
Bought by
Gromis 2002 Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 25, 2002
Sold by
Gromis Bette
Bought by
Gromis Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.9%

Purchase Details

Closed on
May 24, 2002
Sold by
Pearlstone Richard and Pearlstone Esther
Bought by
Gromis Bette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.9%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1099 Willoughby Way Partners Llc -- None Available
1099 Willoughby Way Partners Llc $13,200,000 None Available
Gromis 2002 Family Trust -- None Available
Gromis Family Trust -- --
Gromis Bette -- --
Gromis 2002 Family Trust $5,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Willoughby Way Partners Llc $0
Open 1099 Willoughby Way Partners Llc $6,400,000
Closed 1099 Willoughby Way Partners Llc $86,000,000
Closed 1099 Willoughby Way Partners Llc $8,600,000
Previous Owner Gromis 2002 Family Trust $2,850,000
Previous Owner Gromis 2002 Family Trust $6,000,000
Previous Owner Gromis 2002 Family Trust $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $37,581,909 +0.2% $3,947 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/24/2020 07/24/20 For Sale $37,500,000 +184.1% $3,939 / Sq Ft
06/12/2018 06/12/18 Sold $13,200,000 -11.7% $1,791 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $14,950,000 -- $2,029 / Sq Ft
Source: Aspen Glenwood MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $34,196 $1,188,860 $935,100 $253,760
2023 $34,196 $1,163,560 $946,270 $217,290
2022 $20,399 $644,360 $521,250 $123,110
2021 $17,462 $557,360 $536,250 $21,110
2020 $32,959 $1,071,310 $411,130 $660,180
2019 $32,959 $1,071,310 $411,130 $660,180
2018 $28,183 $1,078,800 $414,000 $664,800
2017 $24,481 $916,560 $360,000 $556,560
2016 $22,180 $814,070 $497,500 $316,570
2015 $22,042 $814,070 $497,500 $316,570
2014 $17,407 $627,850 $398,000 $229,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 165518

Aspen Glenwood MLS

APN: R003533