$5,900,000
$650K PRICE DROP

1480 Lazy O Rd Snowmass, CO 81654

Estimated payment $36,792/month

Total Views 5,102
6 Beds
6 Baths
5,688 Sq Ft
$1,037 Price per Sq Ft

Highlights

  • Barn
  • Spa
  • Maid or Guest Quarters
  • Horse Property
  • Green Building
  • Main Floor Primary Bedroom

About This Home

Located within the highly desirable 1500-acre Lazy O Ranch is this 5,688-square-foot, timeless-designed six-bedroom, six-bath home that will provide the homeowner with years of enjoyment. Designed by Jim Otis, architect and strategically picked as one of the first developed homesites with the most desirable views of the ranch and Elk Mountain Range. Sited on 4.44 acres, the sprawling estate features awe-inspiring views of Mt. Sopris and from the outside, the peaked roofs echo the surrounding mountains. Soaring ceilings, two primary suites, generous rooms, and abundant natural light make this a great value for anyone looking for a home for family and entertaining! Various decks and patios provide grand outdoor living areas! Lazy O Ranch features an on-site ranch manager and staff, an equestrian facility with miles of horseback riding, hiking, cross-country skiing trails, tennis and pickle ball courts, and stocked fishing ponds. This impeccably maintained and operated ranch is limited to twenty-two home sites. It provides the carefree lifestyle you desire within proximity to all four ski mountains and the vibrancy of downtown Aspen.

Listing Agent

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,983

Year Built

  • Built in 1991

Lot Details

  • 4.44 Acre Lot
  • Southern Exposure
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned LP

HOA Fees

  • $1,917 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Shake Roof
  • Membrane Roofing
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 5,688 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • 6 Full Bathrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Horse Property
  • Patio

Utilities

  • No Cooling
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Propane
  • Water Rights Not Included
  • Water Softener
  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 264503401009

Community Details

Overview

  • Association fees include management, water, snow removal, ground maintenance
  • Lazy O Ranch Subdivision
  • Property is near a preserve or public land

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,983

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,917 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.44
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Water Softener, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: Lazy O Ranch
  • Directions: Going West on Highway 82, turn left on Snowmass Creek Rd, right on Capitol Creek Rd then left onto Lazy O Rd. The home is on the left hand side 1.4 miles down the road.
  • Architectural Style: Two Story, Ranch
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1991
  • Tax Parcel Letter: R012572
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: LP
  • General Info:Unfinished SqFt: 408.0
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:ADU: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 25983.0
  • Financing Info:Tax Year2: 2023
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Listing Info:New Construction: No
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • HOA Fees Includes:Management: Yes
  • Style:Ranch: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Water: Yes
  • Inclusions:Water Softener: Yes
  • Exterior:Stucco: Yes
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Roof:Shake: Yes
  • Extras:Softener: Yes
  • Extras:Barn or Corral: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 23000.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 5688.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stucco, Frame
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Shake, Membrane
  • Construction:Frame: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Info:Garage SqFt: 578.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Hot Water, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Community
  • Heating:Radiant: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Gas/Propane: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 11500.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 11500.0
  • Financing Info:Association Fee Frequency2: Semi-Annually
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Management2: Yes
  • Location Amenities:Rolling Topo: Yes
  • Location Amenities:Borders Public Land: Yes
  • Location Amenities:Horse Property: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 193406.0
  • Parcel #: 264503401009
  • Zoning: LP
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25983.0
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $27,396 $348,640 $53,040 $295,600
2023 $27,396 $354,720 $53,960 $300,760
2022 $14,559 $177,810 $43,440 $134,370
2021 $14,939 $182,930 $44,690 $138,240
2020 $17,203 $218,990 $46,480 $172,510
2019 $17,203 $218,990 $46,480 $172,510
2018 $10,782 $220,510 $46,800 $173,710
2017 $10,163 $135,170 $46,800 $88,370
2016 $16,894 $220,160 $63,680 $156,480
2015 $16,956 $220,160 $63,680 $156,480
2014 $13,043 $178,180 $87,560 $90,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Price Changed $5,900,000 -9.9% $1,037 / Sq Ft
06/11/2024 06/11/24 For Sale $6,550,000 -- $1,152 / Sq Ft
Source: Aspen Glenwood MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Special Warranty Deed $3,150,000 Pitkin County Title
Source: Public Records

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Source: Aspen Glenwood MLS

MLS Number: 184099

Aspen Glenwood MLS

APN: R012572