NOT LISTED FOR SALE

1968 Vermont Rd Vail, CO 81657

Estimated Value: $3,665,000 - $4,130,000

5 Beds
5.5 Baths
3,701 Sq Ft
$1,077/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $3,650,000 $986 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $21,938/month

64 Days on Market

Highlights

  • Golf Course Community
  • Indoor Spa
  • View of Trees or Woods
  • Heated Driveway
  • Fishing
  • Property is near public transit

About This Home

As of August 2024

Welcome to 1968 Vermont Road, your new home nestled in the picturesque landscape of the Highlands Meadow neighborhood in West Vail. This spacious single family home boasts an enchanting back patio oasis adorned with a custom water feature, luxurious hot tub, and a centerpiece propane fireplace. Embrace the harmony of nature and comfort in a space designed to elevate relaxation and create unforgettable memories. This home's timeless design and modern conveniences make it ideal for both personal enjoyment and rental income generation. Inside the main residence, discover a thoughtfully arranged first level with an open layout, featuring a living room with vaulted ceilings, a fireplace capable of burning both gas and wood, and a large dining area that flows into a well-equipped kitchen. Ascend to the second level to find the five en suite bedrooms with their own gas fireplace and access to the private back patio. An open, vaulted ceiling family room with a full wet bar and additional washer/dryer opens up to the scenic back yard and patio. The back yard and patio is a private scenic mountain haven adorned with lush trees, a water feature and hot tub. Additionally, there is a spacious loft with a bathroom that can serve as a 6th bedroom or family room. This property not only serves as a comfortable family retreat but also presents opportunities for short-term or long-term rentals. Lock off capability exists on the west side with a private entrance that opens into two bedrooms, the loft, wet bar, and family room providing additional flexibility and opportunities.
Conveniently situated, the home is just a short distance from Vail Village and Donovan Park and Pavilion, as well as near a TOV bus stop. Additional features include an attached two-car garage, heated driveway, a new boiler and water heater. Whether you seek serene mountain living or an astute income-producing investment, 1968 Vermont Road offers the epitome of mountain lifestyle.

Last Agent to Sell the Property

Steve MacDonald

Coldwell Banker Mtn Properties License #EA256061 Listed on: 05/25/2024

Coldwell Banker Mtn Properties

Co-Listed By

Ashley MacDonald

Coldwell Banker Mtn Properties License #FA100029444

Last Buyer's Agent

Jenifer Shay

Engel and Volkers License #FA40036758

Engel and Volkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,966

Year Built

  • Built in 1991

Lot Details

  • 0.41

Parking

  • 2 Car Attached Garage
  • Heated Driveway

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Stucco
  • Stone

Interior Spaces

  • 3,701 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Wood Burning Fireplace
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Municipal Utilities District Water
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Patio
  • 0.41 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 210312319004
  • Seller Concessions Offered

Community Details

Overview

  • No Home Owners Association
  • Highland Meadows Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fishing
  • Trails
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,966

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Lot Size Acres: 0.41
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1991
  • Road Surface Type: All Year
  • Subdivision Name: Highland Meadows
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Entry Location: 1
  • Fireplace Features: Gas, Wood Burning
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas, Fireplace - Wood, Patio, Spa/Hot Tub
  • Appliances: Central Vacuum, Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator, Washer/Dryer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3701.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Fireplace - Wood: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances Included:Range Hood: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Appliances Included:Central Vacuum: Yes

Exterior Features

  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • View: Mountain(s), Trees/Woods, Valley
  • Construction Type: Stone, Stucco
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Garage, Heated Driveway
  • General Info:Garage2: Yes
  • Parking:Heated Driveway: Yes
  • General Info:_pound_ of Garage Stalls: 2.0
  • Parking:Attached Garage: Yes

Utilities

  • Cooling: None
  • Heating: Natural Gas, Radiant Floor
  • Sewer: Sewer Connected
  • Water Source: District Water
  • Laundry Features: See Remarks
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Cross Country Trail(s), Fishing, Golf, Near Public Transit, Tennis Court(s), Trail(s)

Association/Amenities

  • Keywords Info:Association YN: No

Lot Info

  • Lot Size Sq Ft: 17859.0
  • Parcel #: 210312319004
  • Land Lease: No
  • Zoning: SFR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11966.48
  • Tax Year: 2023

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Aug 29, 2024
Sold by
Albert Ira M and Albert Marjorie B
Bought by
Oma 123 Llc
Seller's Agent
Steve MacDonald
Coldwell Banker Mtn Properties
Buyer's Agent
Jenifer Shay
Engel and Volkers
List Price
$4,450,000
Sold Price
$3,650,000
Premium/Discount to List
-$800,000
-17.98%
Views
17
Current Estimated Value
$3,984,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,942
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Mar 3, 2008
Sold by
Pinson Ernest A and Pinson Elizabeth Y
Bought by
Albert Ira M and Albert Marjorie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2002
Sold by
Chatfield Corners Llc
Bought by
Simon Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1995

Purchase Details

Closed on
Jan 19, 1979
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
Oma 123 Llc $3,650,000 Land Title Guarantee
Albert Ira M $2,400,000 Land Title Guarantee Company
Simon Thomas $57,065 Land Title Guarantee Company
-- $650,000 --
-- $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albert Ira M $1,920,000
Previous Owner Simon Thomas $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 Sold $3,650,000 -7.6% $986 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $3,949,000 -4.8% $1,067 / Sq Ft
07/11/2024 07/11/24 Price Changed $4,150,000 -6.7% $1,121 / Sq Ft
05/25/2024 05/25/24 For Sale $4,450,000 -- $1,202 / Sq Ft
Source: Vail Multi-List Service

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 $11,966 $267,210 $103,870 $163,340
2023 $11,966 $267,210 $103,870 $163,340
2022 $8,848 $179,310 $61,170 $118,140
2021 $9,124 $184,470 $62,930 $121,540
2020 $8,873 $181,780 $56,190 $125,590
2019 $8,902 $181,780 $56,190 $125,590
2018 $6,844 $136,920 $54,320 $82,600
2017 $6,812 $136,920 $54,320 $82,600
2016 $7,786 $158,330 $62,550 $95,780
2015 -- $158,330 $62,550 $95,780
2014 $4,366 $96,950 $25,870 $71,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1009525

Vail Multi-List Service

APN: R016802