$4,500,000
SOLD APR 5, 2018

353 Terrace Dr Snowmass Village, CO 81615

5 Beds
5.5 Baths
4,455 Sq Ft
0.75 Acres

Recently Sold

$1,010 Per Sq Ft

10% Below List Price

234 Days on Market

Highlights

  • Green Building
  • Contemporary Architecture
  • Laundry Room
  • Aspen Middle School Rated A-
  • Views
  • Landscaped with Trees

About This Home

As of May 2025

The Red Mountain of Snowmass! Enjoy panoramic views of the Continental Divide and Snowmass from this brand new 5-bedroom, 5 full and 1 half-bath 4,455 sq. ft. home with 3-car 886 sq. ft. garage on .75 of an acre. Clean contemporary style and high end finishes designed by KA DesignWorks, Inc. Built by Janckila Construction to be completed late summer 2017. Sunny, south facing property, in a quiet and natural setting surrounded by open space on three sides. Close to Base Village, just a short walk via the Melton Ranch Trail to the Town Center. The skier shuttle, RFTA and Aspen School Bus are nearby.

Last Agent to Sell the Property

Chris Klug

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100025125 Listed on: 06/12/2017

Last Buyer's Agent

Chris Klug

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,163

Year Built

  • Built in 2017

Lot Details

  • 0.75 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,455 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Radiant Heating System
  • Electricity Not Available
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 264536405020

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer, snow removal
  • Melton Ranch Subdivision

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,163

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Subdivision Name: Melton Ranch
  • Directions: Brush Creek Road, turn right on Sinclair Road, left onto Terrace Drive. Follow Terrace Drive until second to last switchback on the right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2017
  • Tax Parcel Letter: R002301
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 12163.28
  • Financing Info:Tax Year2: 2016
  • Sanitation:Sewer: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Mineral Rights:No2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • Unit Faces:South: Yes
  • Roof:Metal: Yes
  • Electric:No: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4455.0
  • Fireplace:Gas: Yes

Exterior Features

  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 886.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Heating: Radiant, Forced Air
  • Heating Yn: Yes
  • Utilities: Electricity Not Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer, Snow Removal

Lot Info

  • Lot Size Sq Ft: 32547.0
  • Parcel #: 264536405020
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12163.28
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
May 9, 2025
Sold by
Snowmass Village
Bought by
353 Terrace Drive Llc
Seller's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Margaret Jandegian
Alpine Property Management
List Price
$12,500,000
Sold Price
$11,550,000
Premium/Discount to List
-$950,000
-7.6%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-70.39%

Purchase Details

Listed on
Jun 12, 2017
Closed on
Apr 4, 2018
Sold by
Astar Ventures Llc
Bought by
The Nicholas Family Revocable Trust
Seller's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$4,995,000
Sold Price
$4,500,000
Premium/Discount to List
-$495,000
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%

Purchase Details

Closed on
Jun 24, 2016
Sold by
Leonard Families Property Snowmass Villa
Bought by
Astar Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
3.54%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $1,155,000 None Listed On Document
Special Warranty Deed $4,500,000 Attorneys Title Aspen
Special Warranty Deed $1,037,500 Attorneys Title Insurance Ag
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,700,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 For Rent $90,000 0.0% --
05/09/2025 05/09/25 Sold $11,550,000 -7.6% $2,593 / Sq Ft
02/13/2025 02/13/25 For Sale $12,500,000 +177.8% $2,806 / Sq Ft
04/05/2018 04/05/18 Sold $4,500,000 -9.9% $1,010 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
06/12/2017 06/12/17 For Sale $4,995,000 -- $1,121 / 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 $22,926 $510,540 $146,340 $364,200
2023 $22,926 $518,200 $148,540 $369,660
2022 $14,385 $282,540 $72,280 $210,260
2021 $14,626 $290,670 $74,360 $216,310
2020 $13,659 $268,980 $74,360 $194,620
2019 $13,659 $268,980 $74,360 $194,620
2018 $13,667 $270,860 $74,880 $195,980
2017 $4,343 $87,780 $74,880 $12,900
2016 $12,163 $246,500 $246,500 $0
2015 $10,907 $246,500 $246,500 $0
2014 $11,664 $261,000 $261,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 149474

Aspen Glenwood MLS

APN: R002301