NOT LISTED FOR SALE

1430 Hooks Spur Rd Basalt, CO 81621

Estimated Value: $4,133,000 - $12,367,390

7 Beds
8 Baths
7,860 Sq Ft
$928/Sq Ft Est. Value

Last Sold November 11, 2021

Last sale price $11,250,000 $1,431 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $41,104/month

318 Days on Market

Highlights

  • Barn
  • Solar Power System
  • Green Building
  • Horse Property
  • 36.77 Acre Lot
  • Maid or Guest Quarters

About This Home

As of November 2021

Holly Hock Farms is an exceptionally rare opportunity, the likes of which have never before been offered in the Basalt area! The architecturally sophisticated, contemporary main residence features 4 bedrooms, 3.5 bathrooms and 5,100 square foot (which can be expanded) and is surrounded by lush landscaping, vibrant flower beds and cascading waterfalls. The stunning landscaping is on par with the best in the Roaring Fork Valley and includes a water feature in the back yard of the main house with six, audible waterfalls flowing 100 gallons per minute into a large fishing/swimming pond fully stocked with 130+ trout. Built in 2015 by Doug Hayes and designed by Doug Rager with award winning, ultra-high energy efficiency in mind, this meticulously designed home has been deemed the''most efficient house of it's size'' by CORE.


Combined with a beautifully appointed guest bungalow, renovated 2-bedroom log cabin, and large greenhouse, this legacy property has features and amenities too numerous to list! As an added bonus Holly Hock Farms includes top of the line equestrian facilities and expansive, irrigated flat acreage, all while being surrounded by private and scenic BLM land - yet just minutes removed from the charm and conveniences of Basalt. This incredible 37-acre property features panoramic views of Basalt Mountain and Crown Mountain and one of the very few properties with direct access to thousands of acres of hiking, mountain biking, cross country skiing and hunting right out your back door. The property is teeming with wildlife (deer, elk, wild turkey, etc.) so don't be surprised by a friendly, furry visit! Simply put, you must tour Holly Hock Farms to fully appreciate this once in a lifetime opportunity. ''most efficient house of it's size'' by CORE.

Combined with a beautifully appointed guest bungalow, renovated 2-bedroom log cabin, and large greenhouse, this legacy property has features and amenities too numerous to list! As an added bonus Holly Hock Farms includes top of the line equestrian facilities and expansive, irrigated flat acreage, all while being surrounded by private and scenic BLM land - yet just minutes removed from the charm and conveniences of Basalt. This incredible 37-acre property features panoramic views of Basalt Mountain and Crown Mountain and one of the very few properties with direct access to thousands of acres of hiking, mountain biking, cross country skiing and hunting right out your back door. The property is teeming with wildlife (deer, elk, wild turkey, etc.) so don't be surprised by a friendly, furry visit! Simply put, you must tour Holly Hock Farms to fully appreciate this once in a lifetime opportunity.

Last Agent to Sell the Property

Ted Borchelt

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #FA100004523 Listed on: 09/15/2021

Aspen Snowmass Sotheby's International Realty-Basalt

Last Buyer's Agent

Stefan Peirson

ENGEL & VOLKERS License #EA40021850

ENGEL & VOLKERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,013

Year Built

  • Built in 2015

Lot Details

  • 36.77 Acre Lot
  • Southern Exposure
  • Fenced
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned Agricultural

Parking

  • 4 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Metal Siding
  • Stone Siding

Interior Spaces

  • 7,860 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Gas Fireplace
  • <<energyStarQualifiedWindowsToken>>
  • Property Views
  • Finished Basement

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • Low Flow Toliet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Smart Home

Eco-Friendly Details

  • Green Building
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Passive Solar Power System
  • ENERGY STAR/CFL/LED Lights
  • Energy-Efficient Thermostat
  • Overhangs above south facing windows
  • Solar Power System
  • Rain Water Catchment

Outdoor Features

  • Lake, Pond or Stream
  • Horse Property
  • Patio

Utilities

  • Evaporated cooling system
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Propane
  • Water Rights
  • Septic Tank
  • Septic System

Additional Features

  • Mineral Rights Excluded
  • Barn

Community Details

  • No Home Owners Association
  • Emma Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 246504400011

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,013

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 36.77
  • Inclusions: Dryer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Emma
  • Directions: Hwy 82 to Willits Lane, over bridge, right on Hooks Spur Rd, approx. 1.4 miles, left up hill and turn at Sotheby's sign
  • Architectural Style: Ranch, Contemporary
  • Master Model: No
  • New Construction: No
  • Efficiency: Lighting
  • Year Built: 2015
  • Tax Parcel Letter: R063539
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Agricultural
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 8013.44
  • Financing Info:Tax Year2: 2020
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Extras:Lawn Sprinklers: Yes
  • Style:Ranch: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:Evaporative Cooling: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Substructure:Finished Basement: Yes
  • Sanitation:Septic: Yes
  • Water Efficiency:Low Flow Toilets: Yes
  • Exterior:Metal2: Yes
  • Energy Efficiency:CFL or LED Lighting: Yes
  • Energy Efficiency:S Facing Overhangs: Yes
  • Energy Efficiency:Solar PV: Yes
  • Energy Efficiency:ENERGY STAR Qualified Windows: Yes
  • Energy Efficiency:High R Insulation: Yes
  • Energy Efficiency:Passive Solar Design: Yes
  • Energy Efficiency:Progrmble Thermostat: Yes
  • Energy Efficiency:Smart Home System: Yes
  • Water Rights:Yes3: Yes
  • Extras:Barn or Corral: Yes
  • Water Efficiency:Low Flow Wtr Fixture: Yes
  • Water Efficiency:Rain Wtr Collection: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Has Basement: Finished
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 7860.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Excellent
  • Roof: Metal, Other
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 4+ Car

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Heating:Radiant: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Gas/Propane: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Borders Public Land: Yes
  • Location Amenities:Horse Property: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 1601919.0
  • Parcel #: 246504400011
  • Zoning: Agricultural
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Rain Wtr Collection, Low Flow Wtr Fixture, Low Flow Toilets

Tax Info

  • Tax Annual Amount: 8013.44
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Nov 11, 2021
Sold by
Hollyhock Farms Llc
Bought by
Bs Ranch Llc
Seller's Agent
Ted Borchelt
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Stefan Peirson
ENGEL & VOLKERS
List Price
$12,500,000
Sold Price
$11,250,000
Premium/Discount to List
-$1,250,000
-10%
Current Estimated Value
$7,290,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,959,203
Avg. Annual Appreciation
-18.43%

Purchase Details

Listed on
Jun 3, 2014
Closed on
Nov 20, 2014
Sold by
Zempel Mark
Bought by
Hollyhock Farms Llc
Seller's Agent
Trudi Watkins-Johnson
Happy Real Estate
Buyer's Agent
Ted Borchelt
Aspen Snowmass Sotheby's International Realty-Basalt
List Price
$2,497,000
Sold Price
$1,793,540
Premium/Discount to List
-$703,460
-28.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.14%

Purchase Details

Closed on
Jan 10, 2014
Sold by
Shafer Jennifer and Shafer Charles
Bought by
J Bar D Ranch Lpa

Purchase Details

Closed on
Dec 6, 2013
Sold by
Shafer Jennifer and Shafer Charles
Bought by
J Bar D Ranch Lpa

Purchase Details

Closed on
Dec 31, 2012
Sold by
Shafer Charles
Bought by
The Shafer Children Llc

Purchase Details

Closed on
May 1, 2010
Sold by
Mason Bret and Shafer Charles
Bought by
Cm Ranch Llc

Purchase Details

Closed on
Mar 18, 2009
Sold by
Cm Ranch Llc
Bought by
Mason Bret and Shafer Ii Charles

Purchase Details

Closed on
Sep 11, 2008
Sold by
Yoder Thomas and Yoder Nancy
Bought by
Cm Ranch Llc

Purchase Details

Closed on
Jun 8, 2007
Sold by
Mcmorris Christine L
Bought by
Cm Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 12, 1998
Sold by
Hookspur Partnership
Bought by
Mcmorris David S and Mcmorris Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
9.25%
Source: Public Records

Range of Values:

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Average Value
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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
Bs Ranch Llc -- None Listed On Document
Bs Ranch Llc $11,250,000 Land Title Guarantee
Hollyhock Farms Llc $1,793,500 None Available
J Bar D Ranch Lpa -- None Available
J Bar D Ranch Lpa -- None Available
The Shafer Children Llc -- None Available
Cm Ranch Llc -- None Available
Mason Bret -- None Available
Cm Ranch Llc -- Pitkin County Title
Cm Ranch Llc -- None Available
Mcmorris David S -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bs Ranch Llc $7,700,000
Previous Owner Hollyhock Farms Llc $1,760,000
Previous Owner Hollyhock Farms Llc $2,860,000
Previous Owner Hollyhock Farms Llc $800,000
Previous Owner Cm Ranch Llc $2,500,000
Previous Owner Mcmorris David S $45,000
Previous Owner Mcmorris David S $150,000
Previous Owner Mcmorris David S $300,000
Previous Owner Mcmorris David S $35,000
Previous Owner Mcmorris David S $50,000
Previous Owner Mcmorris David S $40,000
Previous Owner Mcmorris David S $980,000
Previous Owner Mcmorris David S $550,000
Previous Owner Mcmorris David S $80,000
Previous Owner Mcmorris David S $480,000
Previous Owner Mcmorris David S $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2021 11/11/21 Sold $11,250,000 -10.0% $1,431 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
11/13/2020 11/13/20 For Sale $12,500,000 +596.9% $1,590 / Sq Ft
11/25/2014 11/25/14 Sold $1,793,540 -28.2% $642 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
05/01/2013 05/01/13 For Sale $2,497,000 -- $894 / 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 $10,055 $135,080 $1,650 $133,430
2023 $10,055 $135,080 $1,650 $133,430
2022 $8,190 $101,890 $1,740 $100,150
2021 $8,546 $106,440 $1,920 $104,520
2020 $8,013 $104,770 $1,690 $103,080
2019 $8,089 $104,770 $1,690 $103,080
2018 $9,304 $119,360 $13,010 $106,350
2017 $8,809 $119,360 $13,010 $106,350
2016 $4,768 $63,470 $4,170 $59,300
2015 -- $58,260 $4,170 $54,090
2014 $4,333 $60,720 $3,210 $57,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 167522

Aspen Glenwood MLS

APN: R063539