$12,000,000
SOLD NOV 5, 2024

2288 E Lake Creek Rd Edwards, CO 81632

5 Beds
7 Baths
8,878 Sq Ft
1.66 Acres

Recently Sold

$1,352 Per Sq Ft

7% Below List Price

22 Days on Market

Highlights

  • Spa
  • 1.66 Acre Lot
  • Wood Flooring
  • Fishing
  • View of Meadow
  • Steam Shower

About This Home

As of November 2024

New construction masterpiece in prestigious Lake Creek Valley. Expertly crafted with the finest materials and attention to detail, 2288 E Lake Creek Road is the epitome of a custom estate. The home is in fact a lifestyle. Perfect for indoor and outdoor entertaining with swimming pool, multiple garages for toy storage, and luxury living. Upon entry, the striking and voluminous great room opens to the kitchen and courtyard. The entire south wing consists of the primary suite complete with private office, fitness studio, and custom boutique closet. The gourmet kitchen features sleek lines, Italian cabinetry, exotic stone island with hand carved sink, and state-of-the-art appliances. Entertainment spaces include multiple living areas, home cinema, auto gallery, heated outdoor courtyard with kitchen and covered patio, pool room with wet bar, and outdoor 50ft saltwater pool and spa. Upstairs, there are three bedrooms with another private living area. The home is centered around an extraordinary outdoor experience. Every room offers unique views, connecting the indoors with the exquisite surrounding landscape. The backyard features a surprisingly large flat, grassy area, fenced vegetable garden, inground professional trampoline, and multiple lounging areas. Convenient 10-minute drive to Edwards Riverwalk shops and restaurants. Experience luxury and refinement in Lake Creek. Recently completed, this special property is furnished and move-in ready.

Last Agent to Sell the Property

Rachel Viele

Slifer Smith & Frampton/Four Seasons License #FA100035075 Listed on: 07/29/2024

Last Buyer's Agent

Matt Iverson

Slifer Smith & Frampton - Arrowhead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,967

Year Built

  • Built in 2024

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 12 Car Attached Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 8,878 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Views of Meadow
  • Washer and Dryer

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Zoned Cooling and Heating System
  • Water Purifier
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • 1.66 Acre Lot
  • Zoned For Horses

Listing and Financial Details

  • Assessor Parcel Number 210518103002
  • Seller Concessions Not Offered

Community Details

Overview

  • Lake Creek Meadows Subdivision

Recreation

  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,967

Year Built

Built in 2024

Lot Details

0

HOA Fees

$33 per month

Parking

12

Listing Details

  • Association HOA Fee: 400.0
  • HOA Fee Frequency: Annually
  • Lot Size Acres: 1.66
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2024
  • Subdivision Name: Lake Creek Meadows
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Entry Location: Main
  • Furnished: Partially
  • Interior Amenities: Fireplace - Gas, Patio, Pool, Spa/Hot Tub, Steam Shower
  • Appliances: Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator, Washer/Dryer, Water Purifier, Wine Cooler
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 8878.0
  • ResoLivingAreaSource: Appraiser
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: 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
  • Appliances Included:Water Purifier: Yes
  • Interior Features:Pool: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Roof: Metal, See Remarks
  • View: Meadow
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 12.0
  • Parking Features: Attached Garage
  • General Info:Garage2: Yes
  • General Info:_pound_ of Garage Stalls: 12.0
  • Parking:Attached Garage: Yes

Utilities

  • Cooling: Central Air, Wall Unit(s), Zoned
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Trash, Water Available
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Fishing, Trail(s), Zoned for Horses
  • Association Fee: 400.0
  • Association Fee Frequency: Annually

Association/Amenities

  • Documents:Association Documents: Yes
  • Keywords Info:Association YN: Yes

Lot Info

  • Lot Size Sq Ft: 72309.0
  • Parcel #: 210518103002
  • Land Lease: No
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8967.24
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Nov 5, 2024
Sold by
Hoover Paul R and Hoover Cheri M
Bought by
Paul R Hoover Legacy Trust
Seller's Agent
Rachel Viele
Slifer Smith & Frampton/Four Seasons
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$12,900,000
Sold Price
$12,000,000
Premium/Discount to List
-$900,000
-6.98%
Views
2
Current Estimated Value
$7,454,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,545,326
Avg. Annual Appreciation
-44.44%
Original Mortgage
$6,500,000
Outstanding Balance
$6,448,983
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$1,005,691

Purchase Details

Listed on
Jan 20, 2020
Closed on
May 15, 2020
Sold by
2288 Lake Crek Llc
Bought by
Cozzens Sean and Cozzens Jinger
Seller's Agent
Jason Fish
9th Path Realty
Buyer's Agent
Robert Stewardson
9th Path Realty
List Price
$1,395,000
Sold Price
$1,065,000
Premium/Discount to List
-$330,000
-23.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.71%

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 4, 2019
Sold by
Minick David and Minick Maria Lewis
Bought by
2288 Lake Creek Llc
Seller's Agent
Jody Lindvall
Lindvall Mountain Real Estate
Buyer's Agent
Jason Fish
EXP Realty, LLC
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.41%
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
Quit Claim Deed -- Land Title
Warranty Deed $12,000,000 Land Title Guarantee
Warranty Deed $1,065,000 Land Title Guarantee
Special Warranty Deed $875,000 Land Title Guarantee Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,500,000 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Previous Owner $1,500,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $219,000 Unknown
Previous Owner $46,700 Stand Alone Second
Previous Owner $175,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $40,440 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Sold $12,000,000 -7.0% $1,352 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $12,900,000 +1111.3% $1,453 / Sq Ft
05/15/2020 05/15/20 Sold $1,065,000 -23.7% $552 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $1,395,000 +59.4% $723 / Sq Ft
09/04/2019 09/04/19 Sold $875,000 +2.9% $453 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $850,000 -- $440 / 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 $8,967 $560,700 $33,280 $527,420
2023 $8,967 $157,130 $32,730 $124,400
2022 $1,651 $24,330 $24,330 $0
2021 $4,809 $71,760 $25,030 $46,730
2020 $4,127 $61,850 $25,030 $36,820
2019 $3,632 $61,850 $25,030 $36,820
2018 $3,601 $60,370 $25,200 $35,170
2017 $3,568 $60,370 $25,200 $35,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1010024

Vail Multi-List Service

APN: R013586