L
Seller's Agent in 2025
Lane Johnson
Compass Aspen
(970) 710-1493
22 in this area
44 Total Sales
6
Beds
8
Baths
7,182
Sq Ft
0.75
Acres
Highlights
- Under Construction
- Spa
- Green Building
- Aspen Middle School Rated A-
- 0.75 Acre Lot
- Contemporary Architecture
About This Home
As of September 2025Introducing 395 E Reds Rd, an extraordinary newly developed Red Mountain estate. Located in the exclusive Red Mountain Ranch community, Aspen's most prestigious address, this is a unique opportunity to own a modern architectural residence designed by Elevate Development and Design. Positioned on a highly desirable street, this 7,182 sq ft masterpiece offers unrivaled panoramic views of Aspen Mountain, Independence Pass, and Highlands Bowl.
This stunning residence blends sustainable technology with world-class design. Featuring six spacious bedrooms, eight luxurious bathrooms, wellness amenities, and gym, every aspect of this home has been meticulously crafted for the ultimate Aspen lifestyle.
Offered impeccably furnished, this is a turnkey opportunity to own a one-of-a-kind estate in Aspen's coveted Red Mountain.
Last Agent to Sell the Property
Compass Aspen Brokerage Phone: 970-925-6063 License #FA100069367 Listed on: 02/27/2025
Last Buyer's Agent
Christie's International Real Estate Aspen Snowmass License #FA.100068228
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,257
Year Built
- Built in 2025 | Under Construction
Lot Details
- 0.75 Acre Lot
- South Facing Home
- Southern Exposure
- Landscaped
- Property is in excellent condition
- Property is zoned R-30
HOA Fees
- $192 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Contemporary Architecture
- Poured Concrete
- Metal Roof
- Wood Siding
- Stone Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 3-Story Property
- Elevator
- Furnished
- 4 Fireplaces
- Gas Fireplace
- Window Treatments
- Home Security System
- Property Views
- Finished Basement
Kitchen
- Oven
- Stove
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- Steam Shower
Laundry
- Laundry Room
- Dryer
- Washer
Eco-Friendly Details
- Green Building
Outdoor Features
- Spa
- Patio
Utilities
- Forced Air Heating and Cooling System
- Radiant Heating System
- Water Rights Not Included
Community Details
- Association fees include sewer
- Red Mountain Ranch Subdivision
Listing and Financial Details
- Assessor Parcel Number 273706403006
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2025
Closed on
Sep 26, 2025
Sold by
Elevate Development And Design Llc
Bought by
Aspen Red Mountain Llc
Seller's Agent
Lane Johnson
Compass Aspen
Buyer's Agent
Ann Abernethy
Christie's International Real Estate Aspen Snowmass
List Price
$45,000,000
Sold Price
$37,750,000
Premium/Discount to List
-$7,250,000
-16.11%
Views
194
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$24,537,500
Outstanding Balance
$24,537,500
Interest Rate
5.33%
Mortgage Type
New Conventional
Estimated Equity
-$13,658,840
Purchase Details
Closed on
Feb 18, 2021
Sold by
Rjs Aspen Llc
Bought by
Elevate Development And Design Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Dec 12, 2016
Closed on
Jun 27, 2017
Sold by
Brown Sparrow Llc
Bought by
Rjs Aspen Llc
Seller's Agent
Matt Holstein
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Matt Holstein
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$8,950,000
Sold Price
$8,400,000
Premium/Discount to List
-$550,000
-6.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$7,100,000
Interest Rate
4.02%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 18, 2015
Sold by
Red Mt Realty Trust
Bought by
Brown Sparrow Llc
Purchase Details
Closed on
Sep 26, 2011
Sold by
Crain J Lester
Bought by
Red Mt Realty Trust
Purchase Details
Closed on
Mar 2, 2010
Sold by
Weinberg Jay
Bought by
Crain J Lester
Purchase Details
Closed on
Mar 19, 2008
Sold by
Aspen Equestrian Estates Llc
Bought by
Trend Investments Llc
Purchase Details
Closed on
Aug 6, 2007
Sold by
Aspen Equestrian Estates Llc
Bought by
Weinberg Jay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 1, 2007
Sold by
Canion Rod and Canion Cam
Bought by
Aspen Equestrian Estates Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $37,750,000 | Land Title | |
| Interfamily Deed Transfer | -- | Land Title Guarantee | |
| Warranty Deed | $8,400,000 | Land Title Guarantee Company | |
| Warranty Deed | $5,500,000 | Attorneys Title Agency Aspen | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $5,300,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Title Company Of Rockies Inc | |
| Warranty Deed | $8,120,000 | Title Company Of Rockies Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $24,537,500 | New Conventional | |
| Previous Owner | $10,000,000 | Purchase Money Mortgage | |
| Previous Owner | $7,100,000 | Credit Line Revolving | |
| Previous Owner | $4,000,000 | Purchase Money Mortgage | |
| Previous Owner | $5,200,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/26/2025 09/26/25 | Sold | $37,750,000 | -16.1% | $5,256 / Sq Ft | |
| 02/27/2025 02/27/25 | For Sale | $45,000,000 | +435.7% | $6,266 / Sq Ft | |
| 06/27/2017 06/27/17 | Sold | $8,400,000 | -6.1% | $1,710 / Sq Ft | View Prior Sale |
| 04/29/2017 04/29/17 | Pending | -- | -- | -- | |
| 12/12/2016 12/12/16 | For Sale | $8,950,000 | -- | $1,822 / 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 | $20,139 | $700,130 | $599,840 | $100,290 |
| 2023 | $20,139 | $628,200 | $607,870 | $20,330 |
| 2022 | $14,319 | $452,310 | $410,050 | $42,260 |
| 2021 | $14,282 | $465,330 | $421,850 | $43,480 |
| 2020 | $12,774 | $415,210 | $393,250 | $21,960 |
| 2019 | $14,012 | $455,460 | $393,250 | $62,210 |
| 2018 | $12,598 | $458,640 | $396,000 | $62,640 |
| 2017 | $10,943 | $409,700 | $324,000 | $85,700 |
| 2016 | $12,470 | $457,700 | $318,400 | $139,300 |
| 2015 | $12,393 | $457,700 | $318,400 | $139,300 |
| 2014 | $11,697 | $421,880 | $278,600 | $143,280 |
Source: Public Records
Agents Affiliated with this Home
-
Lane Johnson
-
Steven Shane
Seller Co-Listing Agent in 2025
Steven Shane
Compass Aspen
(970) 925-6063
84 in this area
133 Total Sales
-
Ann Abernethy
Buyer's Agent in 2025
Ann Abernethy
Christie's International Real Estate Aspen Snowmass
(805) 455-4994
1 in this area
10 Total Sales
-
Palladium Group
P
Buyer Co-Listing Agent in 2025
Palladium Group
Christie's International Real Estate Aspen Snowmass
(970) 925-8088
3 in this area
7 Total Sales
-
Matt Holstein
M
Seller's Agent in 2017
Matt Holstein
Aspen Snowmass Sotheby's International Realty - Hyman Mall
(970) 925-6060
12 in this area
21 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 187184
APN: R003172
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