$26,000,000
SOLD OCT 3, 2024 RENTED FEB 14, 2025

209 E Reds Rd Aspen, CO 81611

4 Beds
4 Baths
4,925 Sq Ft
5.42 Acres

Recently Sold

$5,279 Per Sq Ft

68% Below List Price

438 Days on Market

Highlights

  • 5.42 Acre Lot
  • Main Floor Primary Bedroom
  • 2 Car Garage
  • Aspen Middle School Rated A-
  • No HOA
  • South Facing Home

About This Home

As of October 2024

ASPEN'S LAST GREAT ESTATE! Welcome to 0209 E Red's Road, the most exceptional property in Aspen. Spanning over 5.4 acres, this estate offers privacy, luxury, and stunning views from Aspen Mountain to Mt Sopris. Nestled in nature, the property boasts beautifully landscaped grounds featuring a serene stream and pond, creating a peaceful oasis. The location is conveniently close to downtown allowing for easy access to all Aspen has to offer. The property has superior water rights from the Red Mountain Ditch. Existing improvements include a three-bed, three-bath, 3532 sq. ft. main house and a one-bed, one-bath, 1393 sq. ft studio/guest house. 0209 E Red's Road is a rare gem in Aspen's real estate market, offering natural beauty with over five and a half acres overlooking the heart of Aspen. Experience the unmatched beauty and lifestyle of Aspen at this remarkable property, the last of its kind. beauty with over five and a half acres overlooking the heart of Aspen. Experience the unmatched beauty and lifestyle of Aspen at this remarkable property, the last of its kind.

Last Agent to Sell the Property

Brian Hazen

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #EA.000189091 Listed on: 05/20/2024

Coldwell Banker Mason Morse-Aspen

Co-Listed By

Lex Tarumianz

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-7000 License #FA100014565

Last Buyer's Agent

Ashley Feddersen

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100095621

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,366

Year Built

  • Built in 1978

Lot Details

  • 5.42 Acre Lot
  • South Facing Home
  • Property is zoned R-30

Parking

  • 2 Car Garage

Interior Spaces

  • 4,925 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Additional Homes

  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 273706300019
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,366

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.42
  • Co List Office Mls Id: ASSHMA
  • Subdivision Name: None
  • Directions: From Main St, turn north on Mill St and follow as it turns into Red Mountain Rd. Turn right on E Reds Rd just past the Red Mountain Ranch gate. Home on the left.
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1978
  • Tax Parcel Letter: R003168
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 26366.12
  • Financing Info:Tax Year2: 2023
  • Listing Info:New Construction: No
  • General Info:Unit Faces: South
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 4925.0

Exterior Features

  • Direction Faces: South

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 800.0

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 236313.0
  • Parcel #: 273706300019
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 26366.12
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Oct 3, 2024
Sold by
Claudine Williams Austin Trust
Bought by
209 E Reds Llc
Seller's Agent
Brian Hazen
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Ashley Feddersen
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$80,000,000
Sold Price
$26,000,000
Premium/Discount to List
-$54,000,000
-67.5%
Total Days on Market
438
Views
75
Current Estimated Value
$16,590,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,409,715
Avg. Annual Appreciation
-47.08%

Purchase Details

Closed on
Oct 12, 2018
Sold by
Austin Claudine Williams
Bought by
Claudine Williams Austin Trust

Purchase Details

Closed on
Mar 21, 1997
Bought by
Austin Claudine Williams
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
Bargain Sale Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Rented $40,000 +14.3% --
02/14/2025 02/14/25 Under Contract -- -- --
01/25/2025 01/25/25 For Rent $35,000 0.0% --
10/03/2024 10/03/24 Sold $26,000,000 -7.0% $5,279 / Sq Ft
08/22/2024 08/22/24 Price Changed $27,950,000 -19.0% $5,675 / Sq Ft
07/26/2024 07/26/24 Price Changed $34,500,000 -6.8% $7,005 / Sq Ft
03/21/2024 03/21/24 Price Changed $37,000,000 -6.3% $7,513 / Sq Ft
02/13/2024 02/13/24 Price Changed $39,500,000 -12.2% $8,020 / Sq Ft
11/16/2023 11/16/23 Price Changed $45,000,000 -24.4% $9,137 / Sq Ft
07/28/2023 07/28/23 Price Changed $59,500,000 -11.9% $12,081 / Sq Ft
07/18/2023 07/18/23 Price Changed $67,500,000 -15.6% $13,706 / Sq Ft
06/22/2023 06/22/23 For Sale $80,000,000 -- $16,244 / 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 $28,900 $1,004,730 $801,060 $203,670
2023 $28,900 $1,017,190 $810,990 $206,200
2022 $21,167 $668,600 $556,000 $112,600
2021 $21,111 $687,840 $572,000 $115,840
2020 $16,872 $548,420 $436,150 $112,270
2019 $16,872 $548,420 $436,150 $112,270
2018 $15,658 $552,250 $439,200 $113,050
2017 $13,602 $509,230 $424,800 $84,430
2016 $14,449 $530,300 $469,640 $60,660
2015 $14,358 $530,300 $469,640 $60,660
2014 $14,901 $537,440 $469,640 $67,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 179873

Aspen Glenwood MLS

APN: R003168