NOT LISTED FOR SALE

20 & 40 Waterstone Way Woody Creek, CO 81656

Estimated Value: $1,866,000 - $18,776,985

4 Beds
4.5 Baths
6,127 Sq Ft
$1,685/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $18,500,000 $3,019 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $56,815/month

79 Days on Market

Highlights

  • Spa
  • River Front
  • Maid or Guest Quarters
  • Aspen Middle School Rated A-
  • Green Building
  • Contemporary Architecture

About This Home

As of October 2023

Nestled alongside the breathtaking Roaring Fork River, this exceptional riverfront property showcases 500 continuous feet of river frontage, complemented by above-grade living and an array of remarkable outdoor spaces designed for both entertaining and embracing nature's beauty. The exquisite mountain contemporary home features four generously sized bedrooms, including two impressive primary suites adorned with floor-to-ceiling windows that capture the mesmerizing views. The residence effortlessly blends elegance and functionality, boasting an open floor concept where stunning walnut floors seamlessly guide you from the inviting entry to multiple luxurious living areas and an envy-inducing kitchen.Immerse yourself in a world of tranquility as this private sanctuary effortlessly expands through floor-to-ceiling glass doors, revealing expansive decks adorned with a soothing hot tub that overlooks the flowing river, a hand-forged custom fire pit, and an enchanting outdoor dining space. Truly an all-encompassing haven, this property offers a remarkable lifestyle that exceeds every expectation. Immerse yourself in a world of tranquility as this private sanctuary effortlessly expands through floor-to-ceiling glass doors, revealing expansive decks adorned with a soothing hot tub that overlooks the flowing river, a hand-forged custom fire pit, and an enchanting outdoor dining space. Truly an all-encompassing haven, this property offers a remarkable lifestyle that exceeds every expectation.

Last Agent to Sell the Property

Lex Tarumianz

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100014565 Listed on: 05/17/2023

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Last Buyer's Agent

Erik Cavarra

ENGEL & VOLKERS Snowmass License #EA.40040220

ENGEL & VOLKERS Snowmass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,642

Year Built

  • Built in 2015

Lot Details

  • 2.31 Acre Lot
  • River Front
  • Southern Exposure
  • Southwest Facing Home
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • 3 Car Garage

Home Design

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

Interior Spaces

  • 6,127 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 4 Fireplaces
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • Steam Shower

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Dryer
  • Washer

Home Security

  • Home Security System
  • Smart Home

Eco-Friendly Details

  • Green Building
  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Lake, Pond or Stream
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Water Rights
  • Well
  • Water Softener
  • Septic Tank
  • Septic System
  • Cable TV Available

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded

Community Details

  • No Home Owners Association
  • Woody Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 264309300013

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,642

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.31
  • Inclusions: Energy Star Dishwash, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Energy Star Dryer
  • Subdivision Name: Woody Creek
  • Directions: From Aspen, take McLain Flats towards Woody Creek and turn right at Upper River Road. Go past the Woody Creek Tavern and turn left at the teepee on Doc Henry Road. Follow right curve to end of Doc Henry Road. Left on Waterstone Way entrance. Go over a bridge and past a pond to 40 Waterstone Way.
  • Architectural Style: Two Story, Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2015
  • Tax Parcel Letter: R003233
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R2
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 17642.4
  • Financing Info:Tax Year2: 2023
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Listing Info:New Construction: No
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Inclusions:Water Softener: Yes
  • General Info:Unit Faces: Southwest
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Extras:Softener: Yes
  • Inclusions:Energy Star Dishwash: Yes
  • Inclusions:Energy Star Dryer: Yes
  • Energy Efficiency:Progrmble Thermostat: Yes
  • Energy Efficiency:Smart Home System: Yes
  • Water Rights:Yes3: Yes
  • Water:Well - Domestic: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 6127.0

Exterior Features

  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding, Frame
  • Direction Faces: Southwest
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 806.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Well
  • Heating:Radiant: Yes
  • Heating:Forced Air: 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:River Frontage: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 100624.0
  • Parcel #: 264309300013
  • Zoning: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17642.4
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Oct 4, 2023
Sold by
2016 Roaring Fork Llc
Bought by
Reata Roaring Fork Llc
Seller's Agent
Lex Tarumianz
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Erik Cavarra
ENGEL & VOLKERS Snowmass
List Price
$21,950,000
Sold Price
$18,500,000
Premium/Discount to List
-$3,450,000
-15.72%
Views
161
Current Estimated Value
$9,849,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,650,389
Avg. Annual Appreciation
-27.64%

Purchase Details

Listed on
May 17, 2023
Closed on
Oct 2, 2023
Sold by
2016 Roaring Fork Llc
Bought by
Reata Roaring Fork Llc
Seller's Agent
Lex Tarumianz
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Erik Cavarra
ENGEL & VOLKERS Snowmass
List Price
$21,950,000
Sold Price
$18,500,000
Premium/Discount to List
-$3,450,000
-15.72%
Views
161

Purchase Details

Closed on
Feb 20, 2014
Sold by
Coates Kimberlee A and Byers George W
Bought by
Waterstone 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
$8,840,000
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 17, 2014
Sold by
Coates Kimberlee A and Byers George W
Bought by
Waterstone 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
$8,840,000
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Reata Roaring Fork Llc $18,500,000 Land Title Guarantee
Reata Roaring Fork Llc -- None Listed On Document
Waterstone Holdings Llc -- None Available
Waterstone Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waterstone Holdings Llc $8,840,000
Previous Owner Waterstone Holdings Llc $8,840,000
Previous Owner The Neligh C Coates Jr Trust #2 $3,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $18,500,000 -7.5% $3,019 / Sq Ft
08/05/2023 08/05/23 Pending -- -- --
07/23/2023 07/23/23 Price Changed $19,995,000 -3.6% $3,263 / Sq Ft
07/12/2023 07/12/23 Price Changed $20,750,000 -2.4% $3,387 / Sq Ft
06/26/2023 06/26/23 Price Changed $21,250,000 -3.2% $3,468 / Sq Ft
05/17/2023 05/17/23 For Sale $21,950,000 +166.1% $3,583 / Sq Ft
12/15/2016 12/15/16 Sold $8,250,000 -22.2% $1,122 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
07/02/2016 07/02/16 For Sale $10,600,000 -- $1,441 / 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 $34,643 $1,205,840 $368,710 $837,130
2023 $34,643 $1,220,250 $373,120 $847,130
2022 $17,642 $558,200 $191,820 $366,380
2021 $17,596 $574,270 $197,340 $376,930
2020 $18,784 $611,750 $197,340 $414,410
2019 $17,959 $584,880 $197,340 $387,540
2018 $16,947 $588,970 $198,720 $390,250
2017 $14,716 $552,390 $198,720 $353,670
2016 $13,119 $482,790 $183,080 $299,710
2015 $11,879 $439,890 $183,080 $256,810
2014 $11,678 $422,520 $199,000 $223,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 179256

Aspen Glenwood MLS

APN: R003233