$21,000,000
SOLD MAY 15, 2025

46 Ridge Place Aspen, CO 81611

6 Beds
7 Baths
6,546 Sq Ft
1.42 Acres

Recently Sold

$3,208 Per Sq Ft

12% Below List Price

205 Days on Market

Highlights

  • 1.42 Acre Lot
  • Green Building
  • Cul-De-Sac
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • Views

About This Home

As of May 2025

Front and center on Aspen's prestigious Red Mountain, this custom home embodies grandeur. Stunning panoramic mountain views, as only Red Mountain can offer, a large, sprawling yard, and striking patios for outdoor dining provide an unmatched opportunity to transform this home into your very own modern mountain legacy. The spacious layout and abundant natural light create a warm and inviting atmosphere, while the contemporary architectural details make the house feel timeless. From the moment you step through the door, you're greeted by a sense of history and potential, beckoning you to reimagine this property into a modern masterpiece tailored to your vision.

The expansive living area boasts huge windows that frame the south facing views, thirty-foot vaulted ceilings, exposed beams, and a wood burning fireplace which is the heart of the home. The top two floors offer six bedroom suites. Each bedroom is spacious and has a stunning view, en-suite bathroom, walk-in closet and walk-out balconies perfect for watching the sunset. This home is timelessly designed and has been meticulously maintained and cared for by the original family who built it. Its premier location on Red Mountain ensures unparalleled access to Aspen's world-class amenities and outdoor pursuits. Whether you envision a contemporary mountain retreat, a luxurious estate, or a stunning vacation rental, this property offers the opportunity to craft a bespoke haven that honors its legacy while embracing the future of mountain living in Aspen.

Last Agent to Sell the Property

Ashley Ernst

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810 License #FA.100025904 Listed on: 11/04/2024

Douglas Elliman Real Estate-Durant

Co-Listed By

Riley Warwick

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810 License #FA100054819

Last Buyer's Agent

Haley Taets

Plus Real Estate

Plus Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,037

Year Built

  • Built in 1989

Lot Details

  • 1.42 Acre Lot
  • Cul-De-Sac
  • Southern Exposure
  • North Facing Home
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R-30

HOA Fees

  • $213 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 6,546 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Crawl Space
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiant Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer
  • Ridge Of Red Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501406024
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,037

Year Built

Built in 1989

Lot Details

0

HOA Fees

$213 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.42
  • Co List Office Mls Id: DougEll-Durant
  • Co List Office Phone: 970-925-8810
  • Inclusions: Ceiling Fan, Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave
  • Subdivision Name: Ridge of Red Mountain
  • Directions: From Red Mountain Rd. take a left on Ridge Road. At the split stay left. Take your 1st right at the top of the hill onto Ridge Place. Last driveway on the right.
  • Above Grade Finished Sq Ft: 6546.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1989
  • Tax Parcel Letter: R003294
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • 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: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 28036.68
  • Financing Info:Tax Year2: 2023
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 6546.0
  • General Info:Unit Faces: North
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 2560.0
  • Listing Info In Foreclosure: No
  • Keywords Info Garage4: Yes
  • General Info:Main Floor Primary: No
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Has Basement: Crawl Space
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 6546.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Direction Faces: North
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 2560.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 2560.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 61855.0
  • Parcel #: 273501406024
  • Zoning: R-30

Tax Info

  • Tax Annual Amount: 28036.68
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
May 15, 2025
Sold by
46 Ridge Llc
Bought by
Ridge X Llc
Seller's Agent
Ashley Ernst
Douglas Elliman Real Estate-Durant
Buyer's Agent
Haley Taets
Plus Real Estate
List Price
$23,995,000
Sold Price
$21,000,000
Premium/Discount to List
-$2,995,000
-12.48%
Views
148
Current Estimated Value
$7,008,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,992,000
Avg. Annual Appreciation
-86.40%
Original Mortgage
$22,000,000
Outstanding Balance
$18,532,646
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
-$11,524,646

Purchase Details

Closed on
Feb 15, 2017
Sold by
Dillon Ray E
Bought by
46 Ridge Llc

Purchase Details

Closed on
Oct 10, 2005
Sold by
Dillon Ray E and Dillon Betty L
Bought by
Dillon Ray E and Dillon Betty L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Special Warranty Deed $21,000,000 Land Title
Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $22,000,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2025 05/15/25 Sold $21,000,000 -12.5% $3,208 / Sq Ft
11/04/2024 11/04/24 For Sale $23,995,000 +14.3% $3,666 / Sq Ft
11/01/2024 11/01/24 Off Market $21,000,000 -- --
09/11/2024 09/11/24 Price Changed $23,995,000 -2.1% $3,666 / Sq Ft
06/12/2024 06/12/24 For Sale $24,500,000 -- $3,743 / 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 $30,731 $1,068,390 $600,930 $467,460
2023 $30,731 $1,081,460 $608,280 $473,180
2022 $19,792 $625,190 $417,000 $208,190
2021 $19,741 $643,190 $429,000 $214,190
2020 $19,044 $619,030 $411,130 $207,900
2019 $19,044 $619,030 $411,130 $207,900
2018 $15,881 $623,350 $414,000 $209,350
2017 $13,795 $516,460 $324,000 $192,460
2016 $13,020 $477,850 $342,280 $135,570
2015 $12,938 $477,850 $342,280 $135,570
2014 $13,149 $474,260 $342,280 $131,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 184116

Aspen Glenwood MLS

APN: R003294