353 Terrace Dr Snowmass Village, CO 81615
5
Beds
5.5
Baths
4,455
Sq Ft
0.74
Acres
Highlights
- Spa
- Green Building
- Corner Lot
- Aspen Middle School Rated A-
- Contemporary Architecture
- Furnished
About This Home
As of May 2025This exceptional Melton Ranch home offers breathtaking views of the Continental Divide, Red Mountain, Williams Peaks, Aspen Mountain, and the Snowmass Ski Area. The open space below and to the north features a seasonal stream, adding to the property's privacy. Designed by KA DesignWorks and built by Janckila Construction in 2018, this home showcases a sleek, timeless contemporary style. The open-concept great room is centered around a dry-stacked linear gas fireplace and extends to a wraparound patio that provides 270-degree mountain views. Your guests will feel like they're staying in a hotel when they see the main-level guest suite, complete with a free-standing soaking tub and shower. The private primary suite includes an executive office, a wraparound patio, and south-facing views that allow for abundant sunlight throughout the day. The spa-like primary bath features dual vanities, a steam shower, an architectural soaking tub, and a spacious walk-in closet.On the lower level, you'll find three ensuite bedrooms, including a bunk room that opens to a generous family/media room equipped with a wet bar and wine fridge. Two of the bedrooms have access to a custom stone-inlaid infinity patio, which boasts an in-ground fire pit carved from a gigantic piece of stone, along with a Bullfrog hot tub—perfect for enjoying the mountain views. The home is sold turnkey furnished, featuring over $1 million worth of Cather's Home Furnishings. The expertly designed landscaping, crafted by Connect One Design and maintained by Good Earth, includes perennials, wildflowers, and mature plantings. A spacious mudroom with laundry facilities leads to a heated three-car garage, equipped with ski and snowboard boot heaters, epoxy flooring, and a Monkey Bars storage system—a must-have for any Snowmass homeowner. Enjoy easy access to the free Village Shuttle and the Aspen School bus at the bottom of Terrace Drive. You can also walk along the Melton Ranch Trail to attend free Thursday night concerts on Fanny Hill, or use the private HOA access to Rim Trail, located just above the property.
Last Agent to Sell the Property
Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100025125 Listed on: 02/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,935
Year Built
- Built in 2018
Lot Details
- 0.74 Acre Lot
- Southern Exposure
- Corner Lot
- Gentle Sloping Lot
- Landscaped with Trees
- Property is in excellent condition
HOA Fees
- $13 Monthly HOA Fees
Parking
- 3 Car Garage
Home Design
- Contemporary Architecture
- Brick or Stone Mason
- Metal Roof
- Metal Siding
- Stone Siding
- Concrete Block And Stucco Construction
- Cement Board or Planked
Interior Spaces
- 4,455 Sq Ft Home
- 3-Story Property
- Furnished
- Gas Fireplace
- Window Treatments
- Finished Basement
- Walk-Out Basement
- Home Security System
- Property Views
Kitchen
- Oven
- Stove
- Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Spa
- Patio
Utilities
- Forced Air Heating and Cooling System
- Radiant Heating System
- Water Rights Not Included
- Water Softener
Additional Features
- Green Building
- Mineral Rights Excluded
Community Details
- Association fees include sewer, ground maintenance
- Melton Ranch Subdivision
- On-Site Maintenance
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 264536405020
- Seller Concessions Not Offered
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
Similar Homes in the area
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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 | 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
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
-
M
Seller's Agent in 2025
Margaret Jandegian
Alpine Property Management
-
C
Seller's Agent in 2025
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Map
Source: Aspen Glenwood MLS
MLS Number: 187008
APN: R002301
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