NOT LISTED FOR SALE

424 Forest Rd Vail, CO 81657

Estimated Value: $5,418,000 - $20,428,463

6 Beds
7 Baths
8,523 Sq Ft
$1,516/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $19,000,000 $2,229 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $73,762/month

8 Days on Market

Highlights

  • Views of Ski Resort
  • Indoor Spa
  • 0.59 Acre Lot
  • Equestrian Center
  • Outdoor Pool
  • Deck

About This Home

As of August 2019

A rare opportunity to establish a lasting legacy in Vail's most iconic neighborhood, 424 Forest Road delivers classic luxury, a private ski-in/ski-out location, and the natural serenity of a Colorado mountain retreat. This exquisite property consists of a five-bedroom main house spanning four floors, a private guest house, and Vail's only slopeside Bavarian-style ski chalet. Please visit mls.424ForestRoad.com for an extensive property description, 3D virtual tour and additional photos.

Last Agent to Sell the Property

Tye Stockton

LIV Sotheby's Int. Realty-Vail Mountain Haus Listed on: 07/02/2019

Last Buyer's Agent

Patrick Barrett

LIV Sotheby's Int. Realty-Vail Mountain Haus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,827

Year Built

  • Built in 1988

Lot Details

  • 0.59

Parking

  • 2 Car Garage
  • Heated Garage

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 8,523 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Partially Furnished
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Indoor Spa
  • Sauna
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • 0.59 Acre Lot
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 2101-071-14-004
  • Seller Concessions Not Offered

Community Details

Overview

  • No Home Owners Association
  • Vail Village 3 Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,827

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.59
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 4
  • Year Built: 1988
  • Subdivision Name: Vail Village 3
  • Tax Parcel Letter: Yes
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Has Basement: Finished
  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Partially
  • Interior Amenities: Elevator, Fireplace - Gas, Multi-Level, Patio, Pool, Sauna, Skylight(s), Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 8523.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Skylight(s): Yes
  • Interior Features:Sauna: Yes
  • Interior Features:Pool: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Mountain(s), Ski Slopes
  • Lot Features: Near Public Transit, City Lot
  • Construction Type: Stone, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Heated Garage, Other
  • Parking:Heated Garage: Yes
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 2.0

Utilities

  • Cooling: Zoned
  • Heating: Forced Air, Natural Gas, Radiant
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Equestrian Center, Near Public Transit, Trail(s)
  • Amenities: None

Association/Amenities

  • HOAComm Amenities:None2: Yes
  • AssociationHOA Fee Includes:None: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Sq Ft: 25700.0
  • Parcel #: 2101-071-14-004
  • Land Lease: No
  • Zoning: SFR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 61827.4
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Guzak Donna and Monnins Gift Trusts
Bought by
Guzak Donna and Monnins Gift Trusts
Current Estimated Value
$12,923,232

Purchase Details

Listed on
Jul 2, 2019
Closed on
Aug 12, 2019
Sold by
Paiko Trust
Bought by
Monnins Gift Trust
Seller's Agent
Tye Stockton
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Patrick Barrett
LIV Sotheby's Int. Realty-Vail Mountain Haus
List Price
$19,950,000
Sold Price
$19,000,000
Premium/Discount to List
-$950,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.86%
Original Mortgage
$10,000,000
Outstanding Balance
$8,646,765
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,276,467

Purchase Details

Listed on
Nov 21, 2012
Closed on
Feb 13, 2013
Sold by
Forest Road Associates Llc
Bought by
Paiko Trust
Seller's Agent
Ronald Byrne
Ron Byrne & Associates R.E.
Buyer's Agent
Ronald Byrne
Ron Byrne & Associates R.E.
List Price
$14,500,000
Sold Price
$13,550,000
Premium/Discount to List
-$950,000
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Guzak Donna -- Fidelity National Title
Monnins Gift Trust $19,000,000 Land Title Guarantee
Paiko Trust $13,550,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monnins Gift Trust $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2019 08/12/19 Sold $19,000,000 -4.8% $2,229 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $19,950,000 +47.2% $2,341 / Sq Ft
02/14/2013 02/14/13 Sold $13,550,000 -6.6% $1,537 / Sq Ft View Prior Sale
02/01/2013 02/01/13 Pending -- -- --
11/21/2012 11/21/12 For Sale $14,500,000 -- $1,645 / 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 $72,618 $1,526,800 $841,130 $685,670
2023 $72,618 $1,526,800 $841,130 $685,670
2022 $67,647 $1,316,380 $655,970 $660,410
2021 $68,953 $1,340,610 $674,840 $665,770
2020 $59,998 $1,182,210 $610,570 $571,640
2019 $60,197 $1,182,210 $610,570 $571,640
2018 $61,827 $1,190,110 $491,870 $698,240
2017 $61,526 $1,190,110 $491,870 $698,240
2016 $62,001 $1,212,540 $494,840 $717,700
2015 -- $1,212,540 $494,840 $717,700
2014 $48,403 $1,029,550 $527,220 $502,330
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tye Stockton

    LIV Sotheby's Int. Realty-Vail Mountain Haus

  • P

    Buyer's Agent in 2019

    Patrick Barrett

    LIV Sotheby's Int. Realty-Vail Mountain Haus

  • R

    Seller's Agent in 2013

    Ronald Byrne

    Ron Byrne & Associates R.E.

    31 in this area

    35 Total Sales

    Ronald Byrne
    Section Image
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Map

Source: Vail Multi-List Service

MLS Number: 935593

Vail Multi-List Service

APN: R009640

Colorado Eagle County Vail 81657

424 Forest Rd, Vail, CO

Not Listed for Sale

Detached

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