$10,750,000
SOLD NOV 1, 2022

2322 Lazy O Rd Snowmass, CO 81654

5 Beds
8 Baths
7,217 Sq Ft
7 Acres

Recently Sold

$1,490 Per Sq Ft

12% Below List Price

Highlights

  • Horse Property
  • Maid or Guest Quarters
  • 12 Fireplaces
  • Spa
  • Main Floor Primary Bedroom
  • Steam Shower

About This Home

As of November 2022

Welcome to Lazy Lodge, completely redesigned and reimagined is this estate property located in the coveted Lazy O Ranch neighborhood. The owners, their architects and builder took 3 painstaking years to reimagine and rebuild this magnificent estate. They acquired the adjacent property for privacy and have constructed a glass-enclosed master suite 'cabin' structure for enjoying night-time stargazing and relaxation (sold separately).

Last Agent to Sell the Property

Garrett Reuss

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40005762 Listed on: 11/01/2022

Last Buyer's Agent

Michell Danel

Compass Aspen License #FA.100090780

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,548

Year Built

  • Built in 1995

Lot Details

  • 7 Acre Lot
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $2,500 Monthly HOA Fees

Home Design

  • Frame Construction
  • Stone Siding

Interior Spaces

  • 7,217 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 12 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Horse Property
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Propane
  • Water Rights Not Included
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 264509101020

Community Details

Overview

  • Association fees include management, ground maintenance
  • Lazy O Ranch Subdivision
  • On-Site Maintenance

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,548

Year Built

Built in 1995

Lot Details

0

HOA Fees

$2,500 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.0
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Lazy O Ranch
  • Directions: From Aspen head West on Hwy 82. Take a left at Snowmass Creek Rd (Old Snowmass Conoco Station). At the fork in the road take a right onto Capitol Creek Rd, and then immediate left onto Lazy O Rd. Approx 2 miles from the Lazy O entrance, the home will be on the left at the top of a long driveway.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1995
  • Tax Parcel Letter: R012583
  • Attribution Contact: (970) 923-2006
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 30547.6
  • Financing Info:Tax Year2: 2021
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 30000.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 12
  • Fireplace: Yes
  • Living Area: 7217.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Type: Stone Veneer, Frame
  • Property Condition: Excellent
  • Construction:Frame: Yes

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Community
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Gas/Propane: Yes

Condo/Co-op/Association

  • Association Fee: 30000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 30000.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Horse Property: Yes

Fee Information

  • Association Fee Includes: Management, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 305704.08
  • Parcel #: 264509101020
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 30547.6
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Nov 1, 2022
Sold by
Lazy Lodge Llc
Bought by
Watt Family Colorado Property Trust
Seller's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Michell Danel
Compass Aspen
List Price
$12,250,000
Sold Price
$10,750,000
Premium/Discount to List
-$1,500,000
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.38%
Original Mortgage
$6,987,500
Outstanding Balance
$6,195,487
Interest Rate
5.21%
Mortgage Type
New Conventional
Estimated Equity
$2,100,315
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 $10,750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,987,500 New Conventional
Previous Owner $4,000,000 Assumption
Previous Owner $1,659,350 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $16,500,000 +53.5% $2,286 / Sq Ft
11/01/2022 11/01/22 Sold $10,750,000 -12.2% $1,490 / Sq Ft
11/01/2022 11/01/22 For Sale $12,250,000 +416.8% $1,697 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
10/20/2016 10/20/16 Sold $2,370,500 -40.1% $359 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $3,960,000 -- $600 / 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 $56,309 $716,570 $53,330 $663,240
2023 $56,309 $726,230 $54,050 $672,180
2022 $29,188 $356,470 $43,440 $313,030
2021 $29,949 $366,730 $44,690 $322,040
2020 $35,078 $446,540 $46,480 $400,060
2019 $35,078 $446,540 $46,480 $400,060
2018 $8,873 $449,650 $46,800 $402,850
2017 $12,054 $160,330 $46,800 $113,530
2016 $17,103 $230,840 $63,680 $167,160
2015 $17,166 $230,840 $63,680 $167,160
2014 $14,307 $203,410 $87,560 $115,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 177331

Aspen Glenwood MLS

APN: R012583