$3,900,000
SOLD JAN 9, 2023

348 Red Draw Edwards, CO 81632

4 Beds
5.5 Baths
5,954 Sq Ft
0.94 Acres

Recently Sold

$655 Per Sq Ft

10% Below List Price

17 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • 0.94 Acre Lot
  • Fitness Center
  • View of Trees or Woods
  • Clubhouse

About This Home

As of January 2023

Sitting on close to an acre of land this four bed, six bath property is located in The Ranch at Cordillera. Surrounded by Aspen and Pine trees this home provides great privacy all while taking in the outstanding views of the Gore Range and all the Cordillera has to offer. Located just a short drive from Vail, Beaver Creek and downtown Edwards this property is a must see.
More photos soon to come...

Last Agent to Sell the Property

Ryan Anderson

Ron Byrne & Associates R.E. License #FA100077332 Listed on: 10/26/2022

Last Buyer's Agent

Tyra Rudrud

Sonnenalp Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,085

Year Built

  • Built in 2008

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Siding
  • Log Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 5,954 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • No Cooling
  • Radiant Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Patio
  • 0.94 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 210710407001

Community Details

Overview

  • Cordillera F10 Red Draw 1 Red Tail Rid Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Fishing
  • Trails
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,085

Year Built

Built in 2008

Lot Details

0

HOA Fees

$250 per month

Parking

3

Listing Details

  • Association HOA Fee: 3000.0
  • HOA Fee Frequency: Annually
  • Entry Level: 1
  • Lot Size Acres: 0.94
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2008
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F10 - Red Draw 1 Red Tail Rid
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Entry Location: main floor
  • Fireplace Features: Gas, Wood Burning
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Fireplace - Wood, Patio, Vaulted Ceiling(s)
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 5954.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: 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:Fireplace - Wood: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances Included:Cooktop: Yes
  • Interior Features:Patio: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Roof: Shake
  • View: Mountain(s), Trees/Woods
  • Construction Type: Log, Stone, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage
  • Total Parking Spaces: 3.0
  • General Info:Garage2: Yes
  • Parking:Garage3: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: None
  • Heating: Radiant
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Cross Country Trail(s), Fishing, Fitness Center, Golf, Pool, Trail(s)
  • Association Fee: 3000.0
  • Association Fee Frequency: Annually

Association/Amenities

  • Keywords Info:Association YN: Yes

Lot Info

  • Lot Size Sq Ft: 40946.0
  • Parcel #: 210710407001
  • Land Lease: No
  • Zoning: SingFam
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19085.2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Jan 9, 2023
Sold by
Macfarlan Donald Dean
Bought by
Macfarlan Family Partners Lp
Seller's Agent
Ryan Anderson
Ron Byrne & Associates R.E.
Buyer's Agent
Tyra Rudrud
Sonnenalp Real Estate
List Price
$4,350,000
Sold Price
$3,900,000
Premium/Discount to List
-$450,000
-10.34%
Total Days on Market
17
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 23, 2022
Sold by
Springer Thomas E
Bought by
Dean Donald and Madden Macfarlan Straughn
Seller's Agent
Ryan Anderson
Ron Byrne & Associates R.E.
Buyer's Agent
Tyra Rudrud
Sonnenalp Real Estate
List Price
$4,350,000
Sold Price
$3,900,000
Premium/Discount to List
-$450,000
-10.34%
Views
42

Purchase Details

Closed on
Dec 29, 2013
Sold by
Mcmahan John T and Mcmahan Lynn L
Bought by
Trinity Green Colorado Llc

Purchase Details

Closed on
Aug 18, 2010
Sold by
Lot 9 Filing 10 Llc
Bought by
Mcmahan John T and Mcmahan Lynn L

Purchase Details

Closed on
Feb 18, 2005
Sold by
Didio Fred J and Didio Diane V
Bought by
Lot 9 Filing 10 Llc

Purchase Details

Closed on
Oct 6, 1994
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
Quit Claim Deed -- --
Deed -- --
Quit Claim Deed -- None Available
Quit Claim Deed -- Land Title Guarantee Company
Warranty Deed $180,000 Land Title Guarantee Company
Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $1,974,006 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2025 05/25/25 For Sale $4,950,000 +26.9% $832 / Sq Ft
01/09/2023 01/09/23 Sold $3,900,000 -10.3% $655 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $4,350,000 -- $731 / Sq Ft
Source: Vail Multi-List Service

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 $22,912 $282,210 $19,840 $262,370
2023 $22,912 $282,210 $19,840 $262,370
2022 $16,779 $161,890 $6,950 $154,940
2021 $19,085 $166,550 $7,150 $159,400
2020 $18,487 $154,930 $7,200 $147,730
2019 $18,437 $154,930 $7,200 $147,730
2018 $23,732 $186,730 $7,290 $179,440
2017 $22,590 $186,730 $7,290 $179,440
2016 $22,856 $196,130 $6,450 $189,680
2015 -- $196,130 $6,450 $189,680
2014 $16,024 $132,580 $6,780 $125,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1006365

Vail Multi-List Service

APN: R040911