NOT LISTED FOR SALE

1860 Cresta Rd Edwards, CO 81632

Beaver Creek Neighborhood

Estimated Value: $6,208,000 - $11,287,798

7 Beds
9 Baths
8,701 Sq Ft
$1,023/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $7,385,000 $849 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $49,025/month

391 Days on Market

Highlights

  • Golf Course Community
  • Indoor Spa
  • View of Trees or Woods
  • Fitness Center
  • Fishing
  • 1.5 Acre Lot

About This Home

As of February 2022

Relish in majestic mountain vistas from this exquisite ski-in / ski-out home. Custom built with beautifully appointed finishes and attention to detail. Breathe in the mountain air from the expansive decks surrounding the home. Gather in the open kitchen and hearth room to create alpine dining memories and escape to the lower level to enjoy billiards by the bar or soak in the hot tub before retreating to the workout / massage room. The perfect mountain escape.

Last Agent to Sell the Property

Matt Iverson

Slifer Smith & Frampton - Arrowhead Listed on: 07/07/2021

Last Buyer's Agent

Matt Iverson

Slifer Smith & Frampton - Arrowhead Listed on: 07/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,283

Year Built

  • Built in 2002

Lot Details

  • 1.5 Acre Lot

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Entry on the 2nd floor
  • Poured Concrete
  • Frame Construction
  • Shake Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 8,701 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range with Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 210515201009

Community Details

Overview

  • Arrowhead At Vail Fil 27 Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing
  • Trails
  • Ski Trails
  • Snow Removal

Additional Features

  • Shuttle
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,283

Year Built

Built in 2002

Lot Details

1.5 Acres

HOA Fees

$132 per month

Parking

3

Listing Details

  • Association HOA Fee: 1587.0
  • HOA Fee Frequency: Annually
  • Resort Fee: 1600.0
  • Resort Fee Frequency: Annually
  • Entry Level: 2
  • Lot Size Acres: 1.5
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2002
  • Subdivision Name: Arrowhead At Vail Fil 27
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Financing Information Transfer Fee: 1.5
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Has Basement: Finished
  • Entry Location: 2
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Primary Downstairs, Spa/Hot Tub, Vaulted Ceiling(s), Steam Shower
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Trash Compactor, Warming Drawer, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 5
  • Total Bedrooms: 7
  • Flooring: Carpet, Wood
  • Living Area: 8701.0
  • ResoLivingAreaSource: Appraiser
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Range Hood: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Steam Shower: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Trash Compactor: Yes
  • Appliances Included:Warming Drawer: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Shake
  • View: Mountain(s), Trees/Woods
  • Lot Features: Walk to Slopes
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage
  • General Info:Garage2: Yes
  • Parking:Garage3: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Radiant
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Snow Removal, Trash
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Cross Country Trail(s), Fishing, Fitness Center, Golf, On Site Management, Pool, Shuttle Service, Tennis Court(s), Trail(s)
  • Association Fee: 1587.0
  • Association Fee Frequency: Annually

Association/Amenities

  • Keywords Info:Association YN: Yes

Lot Info

  • Lot Size Sq Ft: 65514.0
  • Parcel #: 210515201009
  • Land Lease: No
  • Zoning: singfam
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 39283.24
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Feb 10, 2022
Sold by
Cordillera Holdings Llc
Bought by
Three Daughters Llc
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$8,195,000
Sold Price
$7,385,000
Premium/Discount to List
-$810,000
-9.88%
Current Estimated Value
$8,900,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,515,599
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Sep 26, 2008
Sold by
Mitchell A Joe and Mitchell Connie F
Bought by
Cordillera Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,213,600
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 2006
Sold by
Iverson Kathy and Iverson Ron
Bought by
Mitchell A Joe and Mitchell Connie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
8.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 7, 2002
Sold by
Vr Holdings Inc
Bought by
Iverson Ron and Iverson Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.93%
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

Date Buyer Sale Price Title Company
Three Daughters Llc $7,385,000 New Title Company Name
Cordillera Holdings Llc $7,767,050 Fahtco
Mitchell A Joe $7,000,000 Fahtco
Iverson Ron $1,050,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cordillera Holdings Llc $6,213,600
Previous Owner Mitchell A Joe $5,000,000
Previous Owner Iverson Ron $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $7,385,000 -9.9% $849 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $8,195,000 -- $942 / Sq Ft
Source: Vail Multi-List Service

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 $38,143 $696,390 $293,250 $403,140
2023 $38,143 $696,390 $293,250 $403,140
2022 $38,668 $560,210 $173,750 $386,460
2021 $39,283 $576,330 $178,750 $397,580
2020 $39,256 $557,690 $171,600 $386,090
2019 $39,073 $557,690 $171,600 $386,090
2018 $36,282 $497,530 $144,000 $353,530
2017 $35,976 $497,530 $144,000 $353,530
2016 $37,932 $522,830 $159,200 $363,630
Source: Public Records

Agents Affiliated with this Home

  • Matt Iverson

    Seller's Agent in 2022

    Matt Iverson

    Slifer Smith & Frampton - Arrowhead

    (970) 390-9198

    14 in this area

    190 Total Sales

    Matt Iverson
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Map

Source: Vail Multi-List Service

MLS Number: 1001373

Vail Multi-List Service

APN: R052013

Colorado Eagle County Edwards 81620 Beaver Creek

1860 Cresta Rd, Edwards, CO

Not Listed for Sale

Detached

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