NOT LISTED FOR SALE

1518 W Buttermilk Rd Aspen, CO 81611

Estimated Value: $36,456,716

7 Beds
9 Baths
14,850 Sq Ft
$2,455/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $15,600,000 $1,051 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $205,659/month

1,063 Days on Market

Highlights

  • Newly Remodeled
  • Spa
  • Multiple Fireplaces
  • Aspen Middle School Rated A-
  • Maid or Guest Quarters
  • No HOA

About This Home

As of August 2013

This 16,000 sq ft estate offers arguably the best views in all of Aspen. It was designed & created by Gregory 'Skip' Gozzo, who has been nationally recognized for over 25 years as one of the nation’s leading estate builders of ultra high end luxury homes. It has been featured on VH1's “Celebrity Real Estate Splurges” as one of the top 4 estates for sale in the US. There aren’t any properties in Aspen this close to town on a 2 acre flat building envelope w/out airplane noise or views obstructed by neighboring homes. The flat building envelope allowed a 300 ft wide estate w/out any steps on either level, & the grand lawn spaces w/lush landscaping & water features created a superb design for entertaining w/views overlooking thousands of acres of pastures & mountains.The scale & grandeur of this home along with the large room sizes throughout the home is not seen anywhere else on the market. The Decorator Package which includes furniture, accessories, and window & wall hangings is available for $1.5 million. The scale & grandeur of this home along with the large room sizes throughout the home is not seen anywhere else on the market. The Decorator Package which includes furniture, accessories, and window & wall hangings is available for $1.5 million.

Last Agent to Sell the Property

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 09/01/2010

Last Buyer's Agent

Michael Perau

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA.40020953

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,568

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • 2 Acre Lot
  • Southwest Facing Home
  • Landscaped
  • Sprinkler System

Parking

  • 3 Car Garage

Home Design

  • Stone Siding
  • Stone

Interior Spaces

  • 14,850 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Walk-Out Basement
  • Home Security System
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Maid or Guest Quarters

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • West Buttermilk Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273503300046

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,568

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Subdivision Name: West Buttermilk
  • Directions: Hwy 82 to Owl Creek Road. At Buttermilk, turn left onto West Buttermilk Road. Go to the top of the ridge, on the left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: Yes
  • Year Built: 2007
  • Tax Parcel Letter: R004095
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Unfinished SqFt: 454.0
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Foreclosure: No
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 58567.68
  • Financing Info:Tax Year2: 2012
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Unit Faces:South: Yes
  • Unit Faces:West: Yes
  • Style:Two Story: Yes
  • Substructure:Walkout: Yes
  • Sanitation:Septic: Yes
  • Cooling:Central AC: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace Features: More Than One, Gas, Wood Burning
  • Fireplace: Yes
  • Living Area: 14850.0
  • Fireplace:More Than One: Yes
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Stone
  • Property Condition: New Construction
  • Roof: Other
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 696.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 273503300046
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 58567.68
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2010
Closed on
Aug 15, 2013
Sold by
Cluny Road Rental Limited Partnership
Bought by
West Buttermilk Holdings Viii Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Michael Perau
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$35,750,000
Sold Price
$15,600,000
Premium/Discount to List
-$20,150,000
-56.36%
Current Estimated Value
$36,456,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,856,716
Avg. Annual Appreciation
-11.64%

Purchase Details

Closed on
Apr 8, 2003
Sold by
Brendlinger Jack A and Brendlinger Marsha A
Bought by
Api Properties 264 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,847
Interest Rate
5.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
West Buttermilk Holdings Viii Llc $15,600,000 Stewart Title
Api Properties 264 Llc $2,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Api Properties 264 Llc $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2013 08/15/13 Sold $15,600,000 -56.4% $1,051 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
09/01/2010 09/01/10 For Sale $35,750,000 -- $2,407 / 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 $157,596 $4,187,150 $401,640 $3,785,510
2023 $145,344 $4,230,490 $405,810 $3,824,680
2022 $109,915 $2,335,440 $187,650 $2,147,790
2021 $110,697 $2,402,650 $193,050 $2,209,600
2020 $89,922 $1,908,110 $171,600 $1,736,510
2019 $89,922 $1,908,110 $171,600 $1,736,510
2018 $66,084 $1,921,450 $172,800 $1,748,650
2017 $57,769 $1,461,880 $165,600 $1,296,280
2016 $55,469 $1,305,460 $183,080 $1,122,380
2015 $53,840 $1,272,210 $183,080 $1,089,130
2014 $62,290 $1,484,010 $222,880 $1,261,130
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 118070

Aspen Glenwood MLS

APN: R004095