$7,500,000
SOLD DEC 2, 2024

291 Faraway Rd Snowmass Village, CO 81615

4 Beds
4.5 Baths
4,866 Sq Ft
1.41 Acres

Recently Sold

$1,541 Per Sq Ft

16% Below List Price

127 Days on Market

Highlights

  • Contemporary Architecture
  • Furnished
  • Laundry Room
  • Aspen Middle School Rated A-

About This Home

As of December 2024

The finest home in Snowmass Village for entertaining. Almost 1.5 acres of priceless flat land and a very generously appointed ski chalet. Shuttle is located right across the street! 4 bedrooms and 5 bathrooms with close to 5000 square feet to enjoy seclusion in the mountains. This bright estate has 5 sundecks and patios surrounding the home on all sides. The massive manicured level backyard is perfect for any large gathering or celebration. Incredible direct views of Mount Daly and Snowmass make this home absolutely one of a kind. Complete privacy with views in all directions invite you to take in the beauty while being only seconds from skiing, hiking, biking, and golf. Soaring 30 foot ceilings and floor to ceiling windows in the great room need to be seen to be believed. Relax and unwind on your spacious private lawn with a full built in outdoor kitchen including custom Renato pizza oven and grills, hot tub, fountain, horseshoe pit, private trail, and a large gas fireplace to gather around after sunset. This legacy estate is located on an enormous double lot where no neighbors can view into the home, nor can anyone build within your sightline. You own almost the entire private Aspen forest above the home! Located on the very lower end of Faraway Road, Base Village is only one minute away. The top floor master bedroom with a huge indoor garden surveys the tallest peaks. Radiant floors, driveway, and forced air. Automatic shades in all large windows. Two separate home offices. Rare wood burning main fireplace is grandfathered in never to be built again. Incredible custom stonework and masonry throughout. Private owner's storage with wine coolers and fully integrated smart home capacity. Currently short term rented very successfully. A true connoisseur's residence- palatial and inviting. Don't miss this chance to own the very best.

Last Agent to Sell the Property

Colin Walker

Aspen Home Company Brokerage Phone: (970) 925-8400 License #EA.100085660 Listed on: 06/15/2024

Last Buyer's Agent

Colin Walker

Compass Aspen License #FA.100085660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,515

Year Built

  • Built in 1996

Lot Details

  • 1.41 Acre Lot

HOA Fees

  • $9 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,866 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Ridge Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273301106027
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,515

Year Built

Built in 1996

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.41
  • Subdivision Name: Ridge Run
  • Directions: From Brush Creek Road turn onto Faraway Road. First house on the right past Ridge Road.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1996
  • Tax Parcel Letter: R022420
  • Attribution Contact: (970) 925-8400
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • General Info:Levels: 4.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 20514.92
  • Financing Info:Tax Year2: 2023
  • Listing Info:New Construction: No
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 105.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 4866.0

Utilities

  • Laundry Features: Inside

Condo/Co-op/Association

  • Association Fee: 105.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 105.0
  • Financing Info:Association Fee Frequency2: Annually

Lot Info

  • Lot Size Sq Ft: 61419.0
  • Parcel #: 273301106027
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20514.92
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Dec 2, 2024
Sold by
72 & York Llc
Bought by
Cleo Homes Llc
Seller's Agent
Colin Walker
Aspen Home Company
Buyer's Agent
Colin Walker
Aspen Home Company
List Price
$8,900,000
Sold Price
$7,500,000
Premium/Discount to List
-$1,400,000
-15.73%
Views
32
Current Estimated Value
$6,553,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$947,000
Avg. Annual Appreciation
-16.32%

Purchase Details

Listed on
Mar 9, 2023
Closed on
Aug 14, 2023
Sold by
291 Faraway Llc
Bought by
72 & York Llc
Seller's Agent
Greg Didier
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Colin Walker
Aspen Home Company
List Price
$7,650,000
Sold Price
$6,800,000
Premium/Discount to List
-$850,000
-11.11%
Views
282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$5,100,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2018
Closed on
Aug 31, 2020
Sold by
Niro Family Llc
Bought by
291 Faraway Llc
Seller's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Greg Didier
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$4,995,000
Sold Price
$3,660,000
Premium/Discount to List
-$1,335,000
-26.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.28%
Original Mortgage
$2,745,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2008
Sold by
Niro Raymond P
Bought by
Niro Family Llc

Purchase Details

Closed on
May 22, 2002
Sold by
The Raymond P Niro Trust
Bought by
Niro Judith L
Source: Public Records

Range of Values:

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Average Value
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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

Date Type Sale Price Title Company
Special Warranty Deed $7,500,000 None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $7,500,000 None Listed On Document
Special Warranty Deed $7,500,000 None Listed On Document
Special Warranty Deed $6,800,000 Title Company Of The Rockies
Deed $3,660,000 None Available
Special Warranty Deed $3,660,000 Attorneys Title Aspen
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,100,000 New Conventional
Previous Owner $2,745,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $7,500,000 -2.6% $1,541 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
08/02/2024 08/02/24 Price Changed $7,700,000 -2.5% $1,582 / Sq Ft
07/14/2024 07/14/24 Price Changed $7,900,000 -6.0% $1,624 / Sq Ft
07/02/2024 07/02/24 Price Changed $8,400,000 -5.6% $1,726 / Sq Ft
06/15/2024 06/15/24 For Sale $8,900,000 +30.9% $1,829 / Sq Ft
08/16/2023 08/16/23 Sold $6,800,000 -8.7% $1,397 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
06/23/2023 06/23/23 Price Changed $7,450,000 -2.6% $1,531 / Sq Ft
03/09/2023 03/09/23 For Sale $7,650,000 +109.0% $1,572 / Sq Ft
08/31/2020 08/31/20 Sold $3,660,000 -26.7% $793 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
11/14/2018 11/14/18 For Sale $4,995,000 -- $1,083 / 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 $22,632 $503,990 $212,850 $291,140
2023 $22,632 $511,570 $216,050 $295,520
2022 $13,051 $256,340 $111,200 $145,140
2021 $13,270 $263,720 $114,400 $149,320
2020 $12,323 $242,680 $103,680 $139,000
2019 $12,323 $242,680 $103,680 $139,000
2018 $15,710 $244,370 $104,400 $139,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 184182

Aspen Glenwood MLS

APN: R022420