$18,250,000
SOLD NOV 20, 2024

2005 Watson Divide Rd Snowmass, CO 81654

5 Beds
5.5 Baths
7,110 Sq Ft
13 Acres

Recently Sold

$2,567 Per Sq Ft

8% Below List Price

90 Days on Market

Highlights

  • Greenhouse
  • Solar Power System
  • Green Building
  • River Front
  • 13 Acre Lot
  • Maid or Guest Quarters

About This Home

As of November 2024

Rio Zeta Ranch is a magnificent riverfront estate with mountain views nestled at the bottom of Watson Divide alongside Snowmass Creek. With an unparalleled blend of luxury and natural beauty, this property is comprised of a custom-built modern home, quintessential guest house, freestanding Pilates studio and creek side entertaining pavilion with outdoor kitchen. Set on over 800 ft. of pristine shoreline, this one-of-kind property boasts two ponds, one with aeration for fishing and one with dock for summer and winter recreation, a private bridge over Snowmass Creek, multiple outdoor living areas, a year-round greenhouse and meticulous landscaping and gardens throughout. The architectural design of the residence harmoniously invites the outdoors into nearly every room, creating synergy between the interior and the surrounding landscapes. The gracious 7110 sq. ft. home includes an exquisite, main floor primary suite that walks out to the gracious lawn, three large en-suite bedrooms, two featuring private outdoor terraces with breathtaking views, as well as a media room, billiards room, and a wine room, perfect for entertaining friends and family. Private and serene yet only 20 minutes from Aspen and Snowmass Village, this magical setting offers a rare opportunity to own an impeccably designed home with incomparable amenities in an idyllic mountain setting. A true river oasis!

MAIN HOUSE: 6,150 sq. ft.
4 En-suite Bedrooms / 4 Full Baths / 1 Half Bath
3 Car Garage: 1,190 sq. ft. Heated, Finished
Mechanical/Storage: 2,046 sq. ft. Unfinished
Year Built: 2008

GUEST HOUSE: 680 sq. ft.
1 Bedroom / 1 Bath / Kitchen / Living / Sleeping Loft / Gas Fireplace
1 Car Garage: 241 sq. ft. Heated, Finished
Year Built: 2008

GYM: 280 sq. ft. Heated, Finished
Pilates Studio and Meditation Room with Gas Fireplace

Last Agent to Sell the Property

Susan Lodge

Aspen Snowmass International R Brokerage Phone: (970) 925-6060 License #FA100033108 Listed on: 06/17/2024

Aspen Snowmass International R

Co-Listed By

Tara Cathcart

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.100085924

Last Buyer's Agent

Blake Appleby

Compass Aspen License #FA.100066940

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,713

Year Built

  • Built in 2008

Lot Details

  • 13 Acre Lot
  • River Front
  • Southern Exposure
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned RS-30

Home Design

  • Contemporary Architecture
  • Structural Insulated Panel System
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • 3 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Carport

Eco-Friendly Details

  • Green Building
  • Solar Power System
  • Solar Water Heater

Outdoor Features

  • Lake, Pond or Stream
  • Patio
  • Greenhouse
  • Outbuilding

Location

  • Mineral Rights Excluded

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Propane
  • Water Rights
  • Well
  • Water Softener
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Snowmass Creek Subdivision

Listing and Financial Details

  • Exclusions: See Remarks
  • Assessor Parcel Number 264502100001
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,713

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 13.0
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Dishwasher
  • Subdivision Name: Snowmass Creek
  • Directions: Highway 82 to Watson Divide. Home on right at the bottom of Watson Divide.
  • Above Grade Finished Sq Ft: 5691.0
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2008
  • Tax Parcel Letter: R012327
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RS-30
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Foreclosure: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 60713.48
  • Financing Info:Tax Year2: 2023
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Extras:Lawn Sprinklers: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 5691.0
  • General Info:LvHtSqFt (Blw Grnd): 1419.0
  • Inclusions:Water Softener: Yes
  • Substructure:Finished Basement: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Cooling:AC: Yes
  • Energy Efficiency:Solar PV: Yes
  • Extras:Outbuildings: Yes
  • Extras:Softener: Yes
  • Water Rights:Yes3: Yes
  • Water:Well - Household: Yes
  • Energy Efficiency:Solar Hot Water: Yes
  • Extras:Green House: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1419.0
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 7110.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Exclusions: See Remarks
  • Construction Type: SIPS (Ins Panels), Wood Siding, Stone Veneer
  • Other Structures: Outbuilding, Greenhouse
  • Property Condition: Excellent
  • Roof: Other, Metal
  • Construction:SIPS (Ins Panels): Yes

Garage/Parking

  • Keywords Info:Garage: 4+ Car
  • General Info:Garage SqFt: 1431.0
  • Carport 1 Car: Yes

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Radiant, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well - Household
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Gas/Propane: 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: 566280.0
  • Parcel #: 264502100001
  • Zoning: RS-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 60713.48
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Colkamkel Llc
Bought by
Christopher A Deveny Trust and Deveny
Current Estimated Value
$11,619,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,775,000
Outstanding Balance
$12,553,525
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
-$1,117,169

Purchase Details

Listed on
Jun 17, 2024
Closed on
Nov 20, 2024
Sold by
Valerie Marie Sullan Revocable Trust and Barbara J Sljllan Revocable Trust
Bought by
2005 Watson Divide Llc
Seller's Agent
Susan Lodge
Aspen Snowmass International R
Buyer's Agent
Blake Appleby
Compass Aspen
List Price
$19,750,000
Sold Price
$18,250,000
Premium/Discount to List
-$1,500,000
-7.59%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-45.93%
Original Mortgage
$12,775,000
Outstanding Balance
$12,553,525
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
-$1,117,169

Purchase Details

Closed on
May 24, 2024
Sold by
Scott F Sullan Revocable Trust and Barbara J Sullan Revocable Trust
Bought by
Valerie Marie Sullan Revocable Trust and Barbara J Sullan Revocable Trust

Purchase Details

Closed on
Feb 20, 2021
Sold by
Scott F Sullan Revocable Trust
Bought by
Barbara J Sullan Revocable Trust

Purchase Details

Closed on
Mar 20, 2017
Sold by
Sullan Scott F
Bought by
Scott F Sullan Revocable Trust and Barbara J Sullan Revocable Trust

Purchase Details

Closed on
Mar 23, 2004
Sold by
Beattie Robert B
Bought by
Beattie Robert B and Beattie Heidi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 12, 2003
Sold by
Beattie Molly V
Bought by
Beattie Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,130,982
Interest Rate
5.84%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Land Title Guarantee Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,775,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $500,000 New Conventional
Previous Owner $1,130,982 No Value Available
Previous Owner $150,000 Credit Line Revolving
Previous Owner $700,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $18,250,000 -2.7% $2,567 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $18,750,000 -5.1% $2,637 / Sq Ft
06/17/2024 06/17/24 For Sale $19,750,000 -- $2,778 / 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 $64,126 $815,800 $333,490 $482,310
2023 $64,126 $826,430 $337,840 $488,590
2022 $43,165 $526,940 $208,500 $318,440
2021 $44,289 $542,100 $214,500 $327,600
2020 $32,818 $417,570 $178,750 $238,820
2019 $32,818 $417,570 $178,750 $238,820
2018 $28,685 $420,490 $180,000 $240,490
2017 $27,038 $359,430 $187,200 $172,230
2016 $31,070 $404,690 $206,960 $197,730
2015 $31,184 $404,690 $206,960 $197,730
2014 $27,380 $373,820 $206,960 $166,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 184204

Aspen Glenwood MLS

APN: R012327