NOT LISTED FOR SALE

240 Casteel Ridge Edwards, CO 81632

Estimated Value: $4,137,798 - $6,023,000

5 Beds
6 Baths
5,658 Sq Ft
$904/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2021

Last sale price $3,400,000 $601 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $27,148 / mo

13 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Indoor Spa
  • Equestrian Center
  • Indoor Pool
  • Fishing

About This Home

As of May 2021

Situated atop Casteel Ridge at the end of a private cul-de-sac, this stunning residence captures truly awe inspiring views of the Vail Valley. Guests will walk in the front door and immediately be mesmerized by the stunning views. Walk them down the grand staircase that connects the upper level billiard and game area to the living room, dining area, bar and kitchen.

What an oasis after a day of exploring the ski mountains. Relax in the outdoor saltwater hot tub on the lower patio or cozy up around the gas firepit on the upper wraparound deck with unspoiled views as far as the eye can see. Complete the evening on a cinematic adventure in the media room downstairs, housing a 70'' movie theatre-style flat screen HD TV with surround sound.

The property is privately situated on over 2 acres and has an expansive backyard that is great for all to enjoy. Parents can hang out on the enormous new deck enjoying a glass of wine while overlooking the nice flat grass yard below where the kids can throw a ball for the dogs. Enjoy the extraordinary meandering gardens that wrap around the home creating gorgeous flowers that bloom from April through October.

This stylish and scenic mountain residence has been renovated and interior designed in a mountain modern aesthetic to create a captivating and comforting setting. The main level features a custom-built quartz double fireplace in the living room, an expansive great room with soaring cathedral ceilings and both formal and informal entertainment and dining spaces. This home has a defiant fun factor but can also be a serene space when friends and family are not in residence. Enjoy a game of billiards or get creative with craft cocktails while friends are ponied up to the full size bar. The bar is on the main level next to the kitchen and living room so that it is frequently utilized versus being down in the family room and rarely used. The media room is the perfect nook to take.. mls.CordilleraDivideLuxury. ..in a great movie or the big game. No matter what, you and your friends and family are doing within this residence, you will soak in the stunning alpine landscape.

The newly renovated master bedroom features a gorgeous archway entrance, limestone fireplace and a huge his and hers closet. Enjoy a soak in the master bath jetted tub or unwind in the oversized double-head steam shower. With 4 other bedrooms, 3 with ensuite bathrooms, there's plenty of room for all the family, friends and entertaining.

The custom kitchen features a new overflow double refrigerator, a new dishwasher, new double ovens, a five burner Wolf Range top and a Sharp microwave drawer. Adjacent to the kitchen is the stunning custom built, stone wine cellar and full bar with custom cabinetry, a cigar humidor, ice maker and sub zero refrigerator.

This home is the perfect place to entertain as family and friends to gather for sunset cocktails, backyard barbecues, morning coffee on the private deck and more. Look out to the surrounding mountains and watch the paraglider's soar as they take flight in the summer mornings, follow the Eagle River as it cuts through the valley below, enjoying views of three beautiful golf courses including Eagle Springs, Cordillera Valley Club and the Divide Short Course, this is one of the few "unique properties" available in the Vail Valley. This home also has an excellent short term rental history so it is a rare opportunity to step in the shoes of a well developed rental clientele.

The idyllic community of Cordillera offers four-season enjoyment while close to all the conveniences of Edwards. Limitless recreational activities include golfing, hiking, cross country skiing, snowshoeing, horseback riding and more. Enjoy downhill skiing at Beaver Creek and Vail Mountain Resorts just minutes from home. Join the Cordillera Vail Gondola Club for a winter seasonal private membership located in Vail Village at the top of Bridge Street, steps from the base of Vail Mountain and Gondola One. Cordillera Vail Gondola Club offers a warm, welcoming sanctuary with friendly professional staff, ski and gear storage, ski-in/ski-out access, luxurious hearth room and lounge, two private outdoor decks, complimentary continental breakfast and apres ski service.

Last Agent to Sell the Property

Malia Nobrega

LIV Sotheby's Int. Realty-Vail Mountain Haus Brokerage Phone: (970) 977-1041 License #FA40038043 Listed on: 04/05/2021

Co-Listed By

Barbara Gardner

LIV Sotheby's Int. Realty- Vail Bridge Street Brokerage Phone: (970) 977-1041 License #FA100035003

Last Buyer's Agent

David Nudell

Vail Valley Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,377

Year Built

  • Built in 1995

Lot Details

  • 2.1 Acre Lot
  • River Front

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Heated Garage
  • Surface Parking

Property Views

  • River
  • Woods
  • Mountain

Home Design

  • Entry on the 3rd floor
  • Poured Concrete
  • Frame Construction
  • Tile Roof
  • Stucco
  • Stone

Interior Spaces

  • 5,658 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Outdoor Features

  • Indoor Pool
  • Deck
  • Patio

Horse Facilities and Amenities

  • Equestrian Center
  • Zoned For Horses

Utilities

  • No Cooling
  • Radiant Heating System
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210701401011
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include security, trash
  • Cordillera F1 & 2 Divide Lodge Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Trails
  • Snow Removal

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,377

Year Built

Built in 1995

Lot Details

2.1 Acres

HOA Fees

$250 per month

Parking

3

Listing Details

  • Association HOA Fee: 3000.0
  • HOA Fee Frequency: Annually
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Lot Size Acres: 2.1
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Average Monthly Electric Expenses: 450.0
  • Average Monthly Gas Expenses: 316.0
  • Monthly Water Expense: 260.0
  • Year Built: 1995
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F1 & 2 - Divide Lodge
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Attribution Contact: (970) 977-1041
  • Financing Information Transfer Fee: 2.0
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Entry Location: Top Floor
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Spa/Hot Tub, Vaulted Ceiling(s), Wired for Cable, Steam Shower
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 5658.0
  • ResoLivingAreaSource: Appraiser
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Wired for Cable: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Steam Shower: Yes
  • Neighborhood Features:Community Center: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Tile
  • View: Mountain(s), River, Trees/Woods
  • Waterfront Features: River Front
  • Pool Features: Indoor, Outdoor Pool
  • Waterfront: Yes
  • Construction Type: Stone, Stucco
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio2: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Heated Garage, Surface
  • General Info:Garage2: Yes
  • Parking:Heated Garage: Yes
  • Parking Surface: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Ceiling Fan(s), None
  • Heating: Radiant
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Snow Removal, Trash, Water Available
  • Sewer Septic Tank: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Community Center, Cross Country Trail(s), Equestrian Center, Fishing, Fitness Center, Golf, On Site Management, Pool, Tennis Court(s), Trail(s), Zoned for Horses
  • Amenities: Clubhouse, Fitness Center, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 3000.0
  • Association Fee Frequency: Annually
  • Pets Allowed: Cats OK, Dogs OK, Yes

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • AssociationHOA Fee Includes:Security: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

  • Association Fee Includes: Security, Trash

Lot Info

  • Lot Size Sq Ft: 91476.0
  • Parcel #: 210701401011
  • Land Lease: No
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15377.48
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 27, 2021
Sold by
Bought by
Seller's Agent
Malia Nobrega
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
David Nudell
Vail Valley Real Estate, Inc
List Price
$3,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$100,000
-2.86%
Current Estimated Value
$4,547,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,147,051
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Jan 14, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0412%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0412%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
0.0624%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 2002
Sold by
Bought by

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
0.0487%

Purchase Details

Closed on
Oct 19, 2002
Sold by
Bought by

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
0.0487%

Purchase Details

Closed on
Aug 7, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,400,000 Land Title Guarantee Company
$1,525,000 Land Title Guarantee Company
-- Land Title Guarantee Company
-- None Available
$1,525,000 Land Title Guarantee Company
-- Security Title
-- --
$375,000 First American Heritage Titl
$1,395,000 First American Heritage Titl
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $400,000
Closed $750,000
Closed $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $3,400,000 -2.9% $601 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $3,500,000 -- $619 / Sq Ft
Source: Vail Multi-List Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $28,069 $276,020 $30,500 $245,520
2024 $27,174 $337,240 $33,140 $304,100
2023 $27,174 $337,240 $33,140 $304,100
2022 $14,414 $140,110 $19,460 $120,650
2021 $16,408 $144,140 $20,020 $124,120
2020 $15,377 $129,700 $22,020 $107,680
2019 $15,335 $129,700 $22,020 $107,680
2018 $14,664 $116,130 $18,370 $97,760
2017 $13,954 $116,130 $18,370 $97,760
2016 $14,714 $127,190 $21,360 $105,830
2015 -- $127,190 $21,360 $105,830
2014 $13,690 $114,170 $18,740 $95,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1002555

Vail Multi-List Service

APN: R031521

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