D
Seller's Agent in 2022
Doug Leibinger
Compass Aspen
(970) 948-0773
46 in this area
123 Total Sales
Estimated Value: $7,748,000 - $20,043,694
5
Beds
5.5
Baths
5,265
Sq Ft
$2,639/Sq Ft
Est. Value
Highlights
- Sauna
- 1.08 Acre Lot
- Furnished
- Aspen Middle School Rated A-
- Green Building
- Views
About This Home
As of October 2022Situated behind towering pines with over an acre of lush landscaping, this private enclave is the ultimate mountain escape combining breathtaking panoramic views, unparalleled privacy, and timeless design. East Reds Road is a private road within Red Mountain Ranch, and is one of Red Mountain's premier addresses, the location chosen for its unique combination of generous setbacks and unimpeded views of Aspen Mountain and town below. The striking views upon arrival are framed by grand floor-to-ceiling windows that span the entire great room, adjacent dining room, and luxury chef's kitchen. The great room leads onto an expansive deck that runs the full length of the home, creating a natural flow for outdoor entertainment and enjoying some of the best views in Aspen.The home's 5,265 square foot floor plan lays out perfectly for a family home offering five bedroom suites that each enjoy sweeping Aspen Mountain views. The primary suite is located on its own level for ultimate privacy and features vaulted ceilings, floor-to-ceiling windows, a spacious walk-in closet, and an ensuite bathroom. The remaining guest suites are located below, each with ensuite bathrooms, outdoor access, and picturesque views. A second living room on the lower level creates a private sanctuary for guests or a convenient getaway while entertaining on the main level.
The chef's kitchen was elegantly remodeled in 2022 with top-of-the-line appliances and quartz countertops. A new DaVinci roof, hot water heater, and furnace were installed in 2019. Water rights are included with the home and offer the ability to add a water feature to the already serene landscaping. The sauna and wine room are wonderful additions for visiting guests.
If you have been looking for a home combining postcard views, privacy, and convenience to everything Aspen has to off, then this spectacular home will be the perfect fit. The home's 5,265 square foot floor plan lays out perfectly for a family home offering five bedroom suites that each enjoy sweeping Aspen Mountain views. The primary suite is located on its own level for ultimate privacy and features vaulted ceilings, floor-to-ceiling windows, a spacious walk-in closet, and an ensuite bathroom. The remaining guest suites are located below, each with ensuite bathrooms, outdoor access, and picturesque views. A second living room on the lower level creates a private sanctuary for guests or a convenient getaway while entertaining on the main level.
The chef's kitchen was elegantly remodeled in 2022 with top-of-the-line appliances and quartz countertops. A new DaVinci roof, hot water heater, and furnace were installed in 2019. Water rights are included with the home and offer the ability to add a water feature to the already serene landscaping. The sauna and wine room are wonderful additions for visiting guests.
If you have been looking for a home combining postcard views, privacy, and convenience to everything Aspen has to off, then this spectacular home will be the perfect fit.
Last Agent to Sell the Property
Compass Aspen Brokerage Phone: 970-925-6063 License #FA40009481 Listed on: 07/01/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,446
Year Built
- Built in 1995
Lot Details
- 1.08 Acre Lot
- South Facing Home
- Southern Exposure
- Lot Has A Rolling Slope
- Sprinkler System
- Landscaped with Trees
- Property is in excellent condition
- Property is zoned R-30
HOA Fees
- $288 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Split Level Home
- Frame Construction
- Composition Roof
- Composition Shingle Roof
- Wood Siding
Interior Spaces
- 5,265 Sq Ft Home
- 3-Story Property
- Furnished
- Gas Fireplace
- Window Treatments
- Sauna
- Walk-Out Basement
- Home Security System
- Property Views
Kitchen
- Oven
- Stove
- Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Water Rights
Additional Features
- Green Building
- Patio
- Mineral Rights Excluded
Listing and Financial Details
- Assessor Parcel Number 273706303015
Community Details
Overview
- Association fees include sewer, snow removal, ground maintenance
- Red Mountain Ranch Subdivision
Amenities
- Laundry Facilities
Recreation
- Snow Removal
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2022
Closed on
Oct 19, 2022
Sold by
Mayer William E
Bought by
Remus Llc
Seller's Agent
Doug Leibinger
Compass Aspen
Buyer's Agent
Wendalin Whitman
Whitman Fine Properties
List Price
$20,500,000
Sold Price
$18,875,000
Premium/Discount to List
-$1,625,000
-7.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,979,153
Avg. Annual Appreciation
-8.66%
Original Mortgage
$13,300,000
Outstanding Balance
$12,481,490
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,414,357
Purchase Details
Closed on
Apr 12, 2011
Sold by
Mayer Katherine D
Bought by
Mayer William E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Remus Llc | -- | Attorneys Title | |
| Remus Llc | $18,875,000 | Attorneys Title | |
| Mayer William E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Remus Llc | $13,300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2022 10/24/22 | Sold | $18,875,000 | -7.9% | $3,585 / Sq Ft |
| 08/16/2022 08/16/22 | Pending | -- | -- | -- |
| 07/01/2022 07/01/22 | For Sale | $20,500,000 | -- | $3,894 / Sq Ft |
Source: Aspen Glenwood MLS
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 |
|---|---|---|---|---|
| 2025 | $38,591 | $1,182,140 | $875,000 | $307,140 |
| 2024 | $38,591 | $1,260,950 | $801,660 | $459,290 |
| 2023 | $36,270 | $1,275,880 | $811,160 | $464,720 |
| 2022 | $24,511 | $774,240 | $556,000 | $218,240 |
| 2021 | $24,447 | $796,520 | $572,000 | $224,520 |
| 2020 | $19,893 | $646,610 | $436,150 | $210,460 |
| 2019 | $19,893 | $646,610 | $436,150 | $210,460 |
| 2018 | $17,877 | $651,130 | $439,200 | $211,930 |
| 2017 | $15,529 | $581,390 | $424,800 | $156,590 |
| 2016 | $15,835 | $581,170 | $469,640 | $111,530 |
| 2015 | $15,736 | $581,170 | $469,640 | $111,530 |
| 2014 | $15,266 | $550,610 | $429,840 | $120,770 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Leibinger
-
Wendalin Whitman
W
Buyer's Agent in 2022
Wendalin Whitman
Whitman Fine Properties
(970) 544-3771
49 in this area
59 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 175794
APN: R003472
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 323 E Reds Rd
- 800 Ridge Rd Unit 9
- 155 Nighthawk Dr
- 294 Draw Dr
- 236 Vine St Unit 236
- 162 Bennett Bench Rd
- 332 Vine St Unit 332
- 1325 Vine St Unit 1325
- 62 Bennett Ct
- 645 Willoughby Way
- 1136 Vine St Unit 1136
- 1041 Vine St Unit 1041
- 155 Lone Pine Rd Unit 2
- 950 Vine St Unit 950
- 566 Race St
- 534 & 536 Spruce St
- 153 Herron Hollow Rd
- 523 Walnut St Unit A
- 306 Oak Ln
- 59 Herron Hollow Rd
- 209 E Reds Rd
- 200 E Reds Rd
- 1128 Red Mountain Rd
- 371 E Reds Rd
- 1200 Red Mountain Rd
- 959 Hunter Creek Rd
- 863 Hunter Creek Rd
- 1766 Red Mountain Ranch Rd
- 182 E Reds Rd
- 352 E Reds Rd
- 825 Hunter Creek Rd
- 825 Hunter Creek Rd Unit Road
- 362 Red Mountain Rd
- 1347 Red Mountain Rd
- 1124 Red Mountain Rd
- 916 Hunter Creek Rd
- 142 E Reds Rd
- 1121 Red Mountain Rd
- 57 Sabin Dr
- 446 E Reds Rd
Your Personal Tour Guide
Ask me questions while you tour the home.