NOT LISTED FOR SALE

491 Forest Trail Edwards, CO 81632

Estimated Value: $5,029,000 - $5,896,666

6 Beds
8 Baths
6,364 Sq Ft
$878/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $2,850,000 $448 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $31,296/month

9 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Indoor Spa
  • Equestrian Center
  • Indoor Pool
  • Fishing

About This Home

As of July 2020

This stunning six bedroom residence is clearly on one of the best homesites in all of the four Cordillera areas. With an incredible combination of views including sweeping views of the Gore Range across the signature 13 hole fairway on the Cordillera Mountain Golf Course and also partially nestled in a tranquil aspen grove for great privacy. There are five bedrooms plus the separate entranced caretaker/ mother-in-law suite and home office. This would also be a great rental or a guest suite. Each bedroom is en-suite with direct outdoor access for the occupants to take in the beauty of the outdoors from the privacy of their own suite.

This home is built to a quality not often seen and is noticeable from the moment you enter. There is a timeless luxury feel with floor-to-ceiling windows, spacious bedrooms, 3 stone fireplaces and custom upgrades throughout. Cozy up in the family room with a cocktail from the wet bar or wine from your temperature controlled wine room. The outdoor spaces in this residence are nothing less than spectacular. From covered spaces to exposed, there is something for every time of day and whatever the weather. Enjoy sitting by the outdoor gas fireplace or gather around the wood burning fire pit for s'mores with the family. The main outdoor living spaces all overlook a serene water feature that cascades down the hillside with sounds that make every stress in life drift away. Walk outside for late evening strolls along the golf fairway in the summer or go sledding or cross country skiing right out your back door. Cordillera grooms a trail that passes nearby during the winter season.

This home is exceptional in location, quality and style and will be enjoyed for decades to come.

There is also bonus heated storage square footage not included in the square footage reported (approximately 250 sq ft).

Last Agent to Sell the Property

Malia Nobrega

LIV Sotheby's Int. Realty-Vail Mountain Haus Brokerage Phone: (970) 977-1041 License #FA40038043 Listed on: 06/07/2020

Last Buyer's Agent

Dana Correia

Slifer Smith & Frampton - Hyatt License #FA40042356

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,090

Year Built

  • Built in 2000

Lot Details

  • 0.91 Acre Lot
  • On Golf Course

Parking

  • 3 Car Garage
  • Heated Garage

Property Views

  • Golf Course
  • Woods
  • Mountain
  • Valley

Home Design

  • Entry on the 2nd floor
  • Poured Concrete
  • Frame Construction
  • Shake Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 6,364 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Built-In Gas Oven
  • Range with Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub

Pool

  • Indoor Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Patio

Horse Facilities and Amenities

  • Equestrian Center
  • Zoned For Horses

Utilities

  • No Cooling
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210715110003
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include club membership, trash
  • Cordillera F18 Aspens Subdivision

Amenities

  • Shuttle
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Trails
  • Snow Removal

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,090

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Resort Fee: 3000.0
  • Resort Fee Frequency: Annually
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.91
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2000
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F18 - Aspens
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Attribution Contact: (970) 977-1041
  • Financing Information Transfer Fee: 2.0
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Electric, Fireplace - Gas, Fireplace - Wood, Jetted Bath, Multi-Level, Patio, Primary Downstairs, Spa/Hot Tub, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Built-In Gas Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Warming Drawer, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 6364.0
  • ResoLivingAreaSource: Appraiser
  • 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:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Fireplace - Wood: Yes
  • Interior Features:Wired for Cable: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances Included:Range Hood: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Warming Drawer: Yes
  • Interior Features:Fireplace - Electric: Yes
  • Appliances Included:Built-In Gas Oven: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Golf Course, Mountain(s), Trees/Woods, Valley
  • Waterfront Features: See Remarks
  • Lot Features: On Golf Course
  • Pool Features: Indoor, Outdoor Pool
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Waterfront Features:See Remarks23: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Heated Garage
  • Total Parking Spaces: 810.0
  • General Info:Garage2: Yes
  • Parking:Heated Garage: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Ceiling Fan(s), None
  • Heating: Radiant
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Cross Country Trail(s), Equestrian Center, Fishing, Fitness Center, Golf, On Site Management, Pool, Shuttle Service, Tennis Court(s), Trail(s), Zoned for Horses
  • Amenities: Clubhouse, Fitness Center, On Site Management, Pool, Shuttle Service, Spa/Hot Tub, Tennis Court(s)
  • Pets Allowed: Yes

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:On Site Management: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Shuttle Service: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • AssociationHOA Fee Includes:Club Membership: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

  • Association Fee Includes: Club Membership, Trash

Lot Info

  • Current Use: None
  • Lot Size Sq Ft: 39640.0
  • Parcel #: 210715110003
  • Land Lease: No
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17090.47
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2020
Closed on
Jul 30, 2020
Sold by
Littlestar Gary D and Littlestar Desiree A
Bought by
Shellebarger Jeffrey Earle and Shellebarger Sydney Cohn
Seller's Agent
Malia Nobrega
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Dana Correia
Slifer Smith & Frampton - Hyatt
List Price
$2,950,000
Sold Price
$2,850,000
Premium/Discount to List
-$100,000
-3.39%
Current Estimated Value
$5,585,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,735,667
Avg. Annual Appreciation
13.19%

Purchase Details

Closed on
Nov 15, 2006
Sold by
Snyder Richard C and Snyder Karen L
Bought by
Littlestar Gary D and Littlestar Desiree A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2002
Sold by
Colorado Development Associates Llc
Bought by
Snyder Richard C and Snyder Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
5.37%

Purchase Details

Closed on
Oct 1, 1998
Sold by
Davidson Thomas R and Davidson Deborah A
Bought by
Colorado Development Associates Llc

Purchase Details

Closed on
Feb 10, 1998
Sold by
Davidson Thomas R and Davidson Deborah A
Bought by
Davidson Thomas R and Davidson Deborah A

Purchase Details

Closed on
Sep 13, 1996
Sold by
Stag Gulch Partners
Bought by
Davidson Thomas R and Davidson Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shellebarger Jeffrey Earle $2,850,000 Land Title Guarantee
Littlestar Gary D $2,700,000 Land Title Guarantee Company
Snyder Richard C $2,750,000 Land Title
Colorado Development Associates Llc -- --
Davidson Thomas R -- --
Davidson Thomas R $390,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Littlestar Gary D $1,890,000
Previous Owner Snyder Richard C $1,925,000
Previous Owner Davidson Thomas R $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2020 07/29/20 Sold $2,850,000 -3.4% $448 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/07/2020 06/07/20 For Sale $2,950,000 -- $464 / 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 $25,406 $312,920 $39,730 $273,190
2023 $25,406 $312,920 $39,730 $273,190
2022 $19,050 $183,810 $14,940 $168,870
2021 $21,669 $189,100 $15,370 $173,730
2020 $16,801 $140,800 $17,730 $123,070
2019 $16,755 $140,800 $17,730 $123,070
2018 $19,144 $150,630 $16,200 $134,430
2017 $18,223 $150,630 $16,200 $134,430
2016 $18,930 $162,440 $14,330 $148,110
2015 -- $162,440 $14,330 $148,110
2014 $14,674 $121,410 $15,760 $105,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1000076

Vail Multi-List Service

APN: R042264