NOT LISTED FOR SALE

1200 Kessler Dr Aspen, CO 81611

Aspen Area

Estimated Value: $7,132,000 - $38,608,768

5 Beds
8 Baths
12,167 Sq Ft
$1,880/Sq Ft Est. Value

Sale Details

Date Sold: November 22, 2024

Last sale price $32,500,000 $2,671 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $132,064 / mo

99 Days on Market

Highlights

  • Horse Property
  • Tennis Courts
  • Gated Community
  • Aspen Middle School Rated A-
  • Spa
  • 30 Acre Lot

About This Home

As of November 2024

Welcome to Elk Meadows, an enchanting 30-acre retreat set in Aspen, Colorado. Located at 1200 Kessler Drive within the region's finest private community, this elevated estate pairs divine tranquility with incredible unobstructed views that encompass the surrounding meadows, private pond and iconic mountain peaks of Aspen, Snowmass and beyond. An extremely rare, expansive property less than 15 minutes from downtown Aspen, Elk Meadows presents an exciting opportunity for residents to create a multi-faceted year-round retreat where friends and family can gather, explore and connect for generations to come.

Pass through a 24-hour guarded gate to arrive at Elk Meadows' 12,167-square-foot estate, replete with five all-ensuite bedrooms and additional bathrooms including an entryway powder room, kitchen bathroom, and bathroom with shower off the gym.

Inside, warm, sunlit living spaces crafted by a world-renowned designer exude charm and elegance. Interior features include soaring windows that frame the surrounding views, wood-burning and gas fireplaces, an inviting kitchen with two dining areas, a wine cellar, cigar bar room, sound-proof movie room, indoor hot tub, private office and a gym with views. The primary suite boasts a separate upstairs room (perfect for a nursery or additional office) accessed via an additional stairway.

Outside, find spaces poised for next-level hosting. Outdoor amenities include a pool and open-air hot tub, a stone terrace, large grilling area and ample patio space perfect for entertaining.

Elk Meadows captures the essence of nature-infused, mountain living. Residents can enjoy the presence of native Colorado wildlife, explore groomed cross-country trails, snowshoe the property in the winter months, and paddle out to fish on the onsite private pond in spring and summer. Elk Meadows comes with senior water rights and is also primed for additional development, with space for a barn, pickleball, tennis or sports courts.

A true mountain marvel, Elk Meadows offers residents an unmatched opportunity to shape a legacy estate that will inspire beautiful memories for many years to come.

Last Agent to Sell the Property

Chris Flynn

The Agency Aspen Brokerage Phone: (970) 429-4255 License #ER.40014021 Listed on: 06/10/2024

The Agency Aspen

Last Buyer's Agent

Mark Haldeman

Christie's International Real Estate Aspen Snowmass License #EA.40003614

Christie's International Real Estate Aspen Snowmass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,114

Year Built

  • Built in 1990

Lot Details

  • 30 Acre Lot
  • Southern Exposure
  • Southwest Facing Home
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned RS-20

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Finished Basement
  • Crawl Space
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Lake, Pond or Stream
  • Tennis Courts
  • Horse Property
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Rights
  • Water Softener
  • Septic Tank
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 264326203001
  • Seller Concessions Offered

Community Details

Overview

  • Association fees include management, snow removal, ground maintenance
  • Starwood Subdivision

Recreation

  • Snow Removal

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,114

Year Built

Built in 1990

Lot Details

30 Acres

HOA Fees

$101 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 30.0
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Dishwasher
  • Subdivision Name: Starwood
  • Directions: From Aspen turn right onto Cemetery Lane, go approximately 2.7 miles and turn right onto Trentaz Drive to the Starwood Gatehouse. Once through the gate stay left onto Kessler Drive. Continue on Kessler, home will be at the end of the road.
  • Above Grade Finished Sq Ft: 11126.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1990
  • Tax Parcel Letter: R012762
  • Attribution Contact: (970) 429-4255
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RS-20
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 77113.72
  • Financing Info:Tax Year2: 2023
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Extras:Pool: Yes
  • Extras:Tennis: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Substructure:Slab: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Electric:Yes: Public
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • General Info:LvHtSqFt (Abv Grnd): 11126.0
  • General Info:LvHtSqFt (Blw Grnd): 1041.0
  • General Info:Unit Faces: Southwest
  • Substructure:Finished Basement: Yes
  • Water:Community: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Extras:Softener: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Water Rights:Yes3: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 1214.5
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished, Crawl Space
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1041.0
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 12167.0
  • Fireplace:Gas: Yes
  • Style Other: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Direction Faces: Southwest
  • Foundation Details: Slab
  • Property Condition: Good
  • Roof: Composition, Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 844.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Natural Gas, Forced Air
  • Heating Yn: Yes
  • Electric: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Community
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management, Front Desk, Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 1214.5
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1214.5
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Gentle Topo: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Front Desk: Yes
  • HOA Amenities:Management2: Yes
  • Location Amenities:Rolling Topo: Yes
  • Location Amenities:Gated Community: Yes
  • Location Amenities:Horse Property: Yes
  • Location Amenities:Pond Stream Lake: Yes

Fee Information

  • Association Fee Includes: Management, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 1306800.0
  • Parcel #: 264326203001
  • Zoning: RS-20
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 77113.72
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Nov 22, 2024
Sold by
Bought by
Seller's Agent
Chris Flynn
The Agency Aspen
Buyer's Agent
Mark Haldeman
Christie's International Real Estate Aspen Snowmass
List Price
$37,000,000
Sold Price
$32,500,000
Premium/Discount to List
-$4,500,000
-12.16%
Views
141
Current Estimated Value
$22,870,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,629,616
Avg. Annual Appreciation
-18.98%
Original Mortgage
$22,000,000
Interest Rate
0.0632%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 26, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$32,500,000 Land Title Guarantee
-- Land Title Guarantee
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $22,000,000
Previous Owner $8,561,087
Previous Owner $8,500,000
Previous Owner $7,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $32,500,000 -12.2% $2,671 / Sq Ft
06/10/2024 06/10/24 For Sale $37,000,000 -- $3,041 / Sq Ft
Source: Aspen Glenwood MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $88,191 $1,672,020 $689,440 $982,580
2024 $88,191 $1,846,770 $670,600 $1,176,170
2023 $84,835 $1,867,370 $678,060 $1,189,310
2022 $49,857 $865,190 $279,820 $585,370
2021 $50,644 $890,220 $288,000 $602,220
2020 $49,476 $801,760 $216,330 $585,430
2019 $69,218 $1,121,680 $536,250 $585,430
2018 $65,748 $1,129,520 $540,000 $589,520
2017 $57,913 $1,110,140 $540,000 $570,140
2016 $67,198 $1,373,430 $477,600 $895,830
2015 $66,727 $1,373,430 $477,600 $895,830
2014 $52,257 $965,550 $398,000 $567,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 184076

Aspen Glenwood MLS

APN: R012762

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