2318 Lazy O Rd Snowmass, CO 81654
Estimated payment $103,710/month
Highlights
- Barn
- Spa
- Main Floor Primary Bedroom
- Horse Property
- 13.95 Acre Lot
- 12 Fireplaces
About This Home
Exceptional Investment Opportunity in Prestigious Lazy O Ranch
Two Parcels: Renovated Home on Lot 20 + Buildable Lot 19 | Close to Aspen & Basalt A rare offering in the exclusive 22-property Lazy O Ranch, this elegant gentleman's ranch combines luxury living with outstanding investment potential. The property includes two legal parcels: a fully renovated 5-bedroom, 7.5-bath home on Lot 20 and a neighboring buildable lot (Lot 19), offering flexibility for future development, guest accommodations, or resale. Just minutes from the vibrant amenities of Basalt and within easy reach of world-renowned Aspen, this property presents a compelling opportunity for both personal enjoyment and long-term value growth in one of Colorado's most desirable areas. The home, renovated in 2020, features expansive, light-filled interiors, refined finishes, and seamless indoor-outdoor living. Highlights include a private outdoor spa, state-of-the-art outdoor kitchen, climate-controlled wine cellar, home theatre, and an attached 3-car garage. Lazy O Ranch amenities enhance the lifestyle appeal and include a community barn, tennis + paddle courts, and miles of scenic equestrian and hiking trails. Whether you're seeking a luxury retreat, a multi-generational compound, or a high-potential investment, this dual-parcel property offers unparalleled upside in a premier location.
Listing Agent
Compass Aspen Brokerage Phone: 970-925-6063 License #FA.100090780 Listed on: 07/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,419
Year Built
- Built in 1995
Lot Details
- 13.95 Acre Lot
- Lot Has A Rolling Slope
- Sprinkler System
- Landscaped with Trees
- Property is in excellent condition
HOA Fees
- $1,963 Monthly HOA Fees
Parking
- 3 Car Garage
Home Design
- Frame Construction
- Composition Roof
- Composition Shingle Roof
- Stone Siding
Interior Spaces
- 7,217 Sq Ft Home
- 2-Story Property
- Partially Furnished
- 12 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Window Treatments
- Property Views
- Basement
Kitchen
- Oven
- Range
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Spa
- Horse Property
- Patio
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
- Propane
- Water Rights Not Included
- Water Softener
- Septic Tank
- Septic System
Additional Features
- Mineral Rights Excluded
- Barn
Listing and Financial Details
- Assessor Parcel Number 264509101019
Community Details
Overview
- Association fees include management, water, snow removal, ground maintenance
- Lazy O Ranch Subdivision
- On-Site Maintenance
Recreation
- Snow Removal
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
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 | $25,792 | $328,220 | $223,200 | $105,020 |
| 2023 | $25,792 | $328,220 | $223,200 | $105,020 |
| 2022 | $17,878 | $218,340 | $181,250 | $37,090 |
| 2021 | $17,831 | $218,340 | $181,250 | $37,090 |
| 2020 | $18,432 | $234,640 | $188,500 | $46,140 |
| 2019 | $18,432 | $234,640 | $188,500 | $46,140 |
| 2018 | $15,036 | $234,640 | $188,500 | $46,140 |
| 2017 | $14,172 | $188,500 | $188,500 | $0 |
| 2016 | $17,803 | $232,000 | $232,000 | $0 |
| 2015 | $17,868 | $232,000 | $232,000 | $0 |
| 2014 | $23,351 | $319,000 | $319,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/05/2025 07/05/25 | For Sale | $18,975,000 | 0.0% | $2,629 / Sq Ft |
| 06/24/2025 06/24/25 | Off Market | $18,975,000 | -- | -- |
| 06/18/2025 06/18/25 | For Sale | $18,975,000 | -- | $2,629 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $3,000,000 | -- | |
| Warranty Deed | $650,000 | Title Company Of The Rockies | |
| Warranty Deed | $800,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $520,000 | Seller Take Back |
Source: Aspen Glenwood MLS
MLS Number: 188795
APN: R012582
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