$19,975,000
UNDER CONTRACT $6M PRICE DROP

370 Gerbaz Way Woody Creek, CO 81656

Estimated payment $111,246/month

Total Views 18,804
4 Beds
5.5 Baths
8,099 Sq Ft
$2,466 Price per Sq Ft

Highlights

  • Spa
  • River Front
  • Reclaimed Wood Flooring
  • Aspen Middle School Rated A-
  • 10.92 Acre Lot
  • Hydromassage or Jetted Bathtub

About This Home

Welcome to the Woody Creek River Estate. Situated as close as a handshake to this expansive and welcoming home, the pristine Roaring Fork River is a constant companion. In an exceptional natural habitat, the home is poised on the bank, just 20 ft from the river (a location current zoning regulations wouldn't allow), yet safely outside the 100-year floodplain. For those who know, this is old Aspen. Elegant, unfettered, exquisitely natural. No need for fussy, manicured grounds, when the masterful hand of Mother Nature is guiding the process on 11 acres of land with nearly 900 ft of river frontage. | The home was built to exacting standards, under the confident charge of noted local architect, Tim Hagman, who understood the land, its intrinsic magic, and his clients' desires. Taking inspiration from the Nat'l Park Service's Grand Lodges of the 1920s, Hagman balanced heft and majesty with warmth and open space, assuring that sight lines of the river were unimpeded and that daylight would flood virtually every room. The window design, the custom sconces and chandeliers, the beams and trusses are all magnificent. | To achieve the rustic, timeless quality, materials were sourced from a river bottom in the Great Lakes region, a flour mill in Oregon, and a 1904 Sears & Roebuck building in Chicago. This amazing residence accommodates a multi-generational family in grand style. The dining room seats 16 and the house can welcome as many as 100 for a cocktail reception. Yet for all its scale and grandeur, this is a home - an inviting, warm, intimate haven that will become a hub of family life. | Exquisitely planned living spaces, including a hickory-paneled library with beveled glass pocket doors, and multiple seating areas, many intimate, create a window into the fragile world of river flora and fauna, and a place where memories will be made and treasured. A massive 2-story stone Rumford fireplace, flanked by high arched windows, is the centerpiece of the living room. Wormy chestnut wood floors throughout the public spaces add a timeless warmth. The enormous kitchen is a master chef's design and connects seamlessly to the living and dining rooms. The handsome primary suite on the upper level is so stunning, one can imagine spending the entire day here; adjacent are an office and fitness room, and all in their own separate wing. Connected by a ''bridge'' overlooking the great room is a separate wing for children with a fanciful bunkroom which will entertain 9 kids and a den with billiards table and awesome upriver views. There are two generous ensuite guest bedrooms on the main floor, along with a large laundry room and wrapping area, powder room and storage. | There are 4 fireplaces, RO water & radon systems, elevator. A 1600-bottle wine cellar completes the interior package. Outside, a stone terrace overlooking the river runs the length of the house, and a built-in gas BBQ and hot tub insure easy outdoor living. NEW DAVINCI ROOF, 6/25. A deep water habitat for fish, front and center, means exciting, incredible fishing. | Adjacent to the home, to the west, is a separately deeded vacant lot, included in the price, which provides an enormous privacy buffer from the nearby world. The site can be left as is or developed with a guest house, caretaker's quarters, or artist's studio. Adjacent to the property is the Rio Grande hiking/ biking trail. There is no sight or sound of the highway, yet you're just 15 minutes from either Aspen or Basalt, and even less to the airport.

Listing Agent

BJ Adams

Compass SMV Brokerage Phone: 970-923-2111 License #EA.000171621 Listed on: 06/30/2024

Compass SMV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,858

Year Built

  • Built in 1999

Lot Details

  • 10.92 Acre Lot
  • River Front
  • Cul-De-Sac
  • South Facing Home
  • Southern Exposure
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned PUD

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Shake Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Elevator
  • Furnished
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Reclaimed Wood Flooring
  • Crawl Space
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Storage Shed
  • Outbuilding

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Water Rights Not Included
  • Well
  • Water Softener
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Woody Creek Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 264306401005

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,858

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.92
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Dishwasher
  • Subdivision Name: Woody Creek
  • Directions: At the Brush Creek Rd/Hwy 82 intersection, proceed west 4.2 miles. Turn right onto Gerbaz Way. Proceed across bridge 0.4 mi and take first right driveway. Entry to driveway services two homes. Bear right to 370, the property.
  • Above Grade Finished Sq Ft: 7979.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1999
  • Tax Parcel Letter: R013290
  • Attribution Contact: 970-923-2111
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: PUD
  • General Info:Unfinished SqFt: 184.0
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 57858.0
  • Financing Info:Tax Year2: 2024
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Listing Info:New Construction: No
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Electric:Yes: Public
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 7979.0
  • Extras:Elevator: Yes
  • General Info:LvHtSqFt (Blw Grnd): 120.0
  • Inclusions:Water Softener: Yes
  • General Info:Unit Faces: South
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Roof:Shake: Yes
  • Home Performance Programs:Indoor Air Plus: No
  • Extras:Outbuildings: Yes
  • Extras:Softener: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Extras:Storage Shed: Yes
  • Exclusions: Some art and collectibles can be negotiated separately
  • Water:Well - Domestic: Yes
  • Sustainable Material:Reclaimed Flooring: Yes
  • Financing Info:HOA Dues YN: No
  • Listing Info In Foreclosure: No
  • Keywords Info Garage Spaces: 3.0
  • Keywords Info Garage4: Yes
  • General Info:Main Floor Primary: No
  • Special Features: 4224

Interior Features

  • Furnished: Furnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 120.0
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 8099.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: Easements
  • Construction Type: Wood Siding, Stone Veneer, Stone, Frame
  • Direction Faces: South
  • Other Structures: Outbuilding
  • Property Condition: Excellent
  • Roof: Shake, Metal
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Total Parking Spaces: 2.0
  • General Info:Garage SqFt: 885.0
  • Parking Area Total Parking: 2.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Community, Well
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:River Frontage: Yes
  • Location Amenities:Borders Public Land: Yes

Lot Info

  • Lot Size Sq Ft: 475545.0
  • Parcel #: 264306401005
  • Zoning: PUD

Green Features

  • Green Sustainability: Reclaimed Flooring

Tax Info

  • Tax Annual Amount: 57858.0
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





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 $32,609 $1,135,060 $233,740 $901,320
2023 $32,609 $1,148,790 $236,570 $912,220
2022 $16,323 $516,440 $121,630 $394,810
2021 $16,279 $531,300 $125,130 $406,170
2020 $17,563 $571,960 $125,130 $446,830
2019 $17,563 $571,960 $125,130 $446,830
2018 $15,484 $575,960 $126,000 $449,960
2017 $13,445 $504,680 $108,000 $396,680
2016 $11,482 $422,520 $79,600 $342,920
2015 $11,410 $422,520 $79,600 $342,920
2014 $14,205 $513,950 $99,500 $414,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Price Changed $19,975,000 -15.0% $2,466 / Sq Ft
09/15/2024 09/15/24 Price Changed $23,500,000 -9.6% $2,902 / Sq Ft
06/30/2024 06/30/24 For Sale $26,000,000 -- $3,210 / Sq Ft
Source: Aspen Glenwood MLS

Purchase History

Date Type Sale Price Title Company
Deed $500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Adjustable Rate Mortgage/ARM
Open $1,500,000 New Conventional
Closed $1,150,000 New Conventional
Closed $1,100,000 Unknown
Source: Public Records

Source: Aspen Glenwood MLS

MLS Number: 184414

Aspen Glenwood MLS

APN: R013290