NOT LISTED FOR SALE

501 Ute Forest Ln Edwards, CO 81632

Estimated Value: $5,413,000 - $13,125,542

8 Beds
7.5 Baths
9,878 Sq Ft
$852/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $11,000,000 $1,114 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $45,666/month

13 Days on Market

Highlights

  • Indoor Spa
  • 35 Acre Lot
  • Radiant Floor
  • View of Trees or Woods
  • Vaulted Ceiling
  • Cooling Available

About This Home

As of August 2022

Rare opportunity to own the ultimate Vail Valley retreat sitting atop of 35 acres with expansive mountain views. This legacy property, was custom built in 2018 and consists of an 8-bedroom main house with lock-off quarters, a 2,616 SqFt out building, and the ability to build additional structures and residence. The ranch style house has a mountain modern design with floor to ceiling windows capturing breathtaking mountain views in all directions. Thoughtfully designed floor plan flows perfectly and includes five main level bedrooms, an open kitchen concept, and access to multiple outdoor entertaining areas. Open the LaCantina folding door system to the outside living room facing the Gore Range. Watch the sun set over the stone waterfall from your own sandy beach with swimming pond. A private trail surrounds the property, perfect for mountain biking, hiking, and snowmobiling. Located only 20 minutes to world class skiing at the Vail and Beaver Creek resorts. Fantastic opportunity for horse-lovers with stable potential. The large detached shop/extra garage has 12' doors and perfect for outdoor toys, cars and RV parking. This property has it all!

Last Agent to Sell the Property

Rachel Viele

Slifer Smith & Frampton/Four Seasons License #FA100035075 Listed on: 06/28/2022

Co-Listed By

Dana Correia

Slifer Smith & Frampton - Hyatt License #FA40042356

Last Buyer's Agent

Kathy Bellamy

Slifer Smith & Frampton - Hyatt License #EA40033203

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,880

Year Built

  • Built in 2018

Lot Details

  • 35

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 10 Car Garage
  • Heated Garage

Property Views

  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • 9,878 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer

Kitchen

  • Built-In Electric Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Cooling Available
  • Heating Available
  • Propane
  • Well
  • Water Purifier
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • 35 Acre Lot
  • Zoned For Horses

Listing and Financial Details

  • Assessor Parcel Number 210709101001
  • Seller Concessions Not Offered

Community Details

Overview

  • Ute Forest At Squaw Creek Subdivision

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,880

Year Built

Built in 2018

Lot Details

0

HOA Fees

$250 per month

Parking

10

Listing Details

  • Association HOA Fee: 750.0
  • HOA Fee Frequency: Quarterly
  • Entry Level: 2
  • Lot Size Acres: 35.0
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2018
  • Subdivision Name: Ute Forest At Squaw Creek
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Entry Location: 2
  • Furnished: Partially
  • Interior Amenities: Fireplace - Gas, Multi-Level, Patio, Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Washer/Dryer, Water Purifier, Wine Cooler
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 8
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 9878.0
  • 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
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Built-In Electric Oven: Yes
  • Appliances Included:Range Hood: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Appliances Included:Water Purifier: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Other Structures: Outbuilding
  • Roof: Metal
  • View: Mountain(s), Trees/Woods
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 10.0
  • Parking Features: Heated Garage
  • General Info:Garage2: Yes
  • Parking:Heated Garage: Yes
  • General Info:_pound_ of Garage Stalls: 10.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Radiant Floor
  • Water Source: Well, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Propane, Satellite, Snow Removal, Water Available
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Zoned for Horses
  • Association Fee: 750.0
  • Association Fee Frequency: Quarterly

Association/Amenities

  • Documents:Association Documents: Yes
  • Keywords Info:Association YN: Yes

Lot Info

  • Lot Size Sq Ft: 1524600.0
  • Parcel #: 210709101001
  • Land Lease: No
  • Zoning: Resource
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10880.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 3, 2022
Sold by
Jinger J Cozzens Revocable Trust
Bought by
501 Ute Forest Lane Llc
Seller's Agent
Rachel Viele
Slifer Smith & Frampton/Four Seasons
Buyer's Agent
Kathy Bellamy
Slifer Smith & Frampton - Hyatt
List Price
$12,000,000
Sold Price
$11,000,000
Premium/Discount to List
-$1,000,000
-8.33%
Current Estimated Value
$8,415,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,584,486
Avg. Annual Appreciation
-7.49%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Cozzens Jinger and Cozzens Sean
Bought by
Jinger J Cozzens Revocable Trust

Purchase Details

Closed on
Jul 30, 2013
Sold by
Ute Forest Llc
Bought by
Cozzens Jinger and Cozzens Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2009
Sold by
White M David and White Jennifer J
Bought by
Ute Forest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 20, 2007
Sold by
T2 Holdings Llc
Bought by
White M David and White Jennifer J

Purchase Details

Closed on
Oct 8, 2004
Sold by
White Diamond Ranch Co
Bought by
T2 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 1997
Sold by
Sullivan Selby W
Bought by
White Diamond Ranch Company
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
501 Ute Forest Lane Llc $11,000,000 New Title Company Name
501 Ute Forest Lane Llc -- None Listed On Document
Jinger J Cozzens Revocable Trust -- None Available
Cozzens Jinger $400,000 Stewart Title
Ute Forest Llc $700,000 Title Company Of The Rockies
White M David -- None Available
T2 Holdings Llc $575,000 Land Title
White Diamond Ranch Company $200,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cozzens Jinger $280,000
Previous Owner Ute Forest Llc $400,000
Previous Owner T2 Holdings Llc $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2022 08/03/22 Sold $11,000,000 -8.3% $1,114 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $12,000,000 -- $1,215 / 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 $16,939 $348,160 $49,720 $298,440
2023 $16,939 $336,520 $49,710 $286,810
2022 $10,739 $186,230 $27,800 $158,430
2021 $10,880 $191,580 $28,600 $162,980
2020 $10,924 $193,270 $25,740 $167,530
2019 $10,860 $193,270 $25,740 $167,530
2018 $10,704 $186,110 $21,600 $164,510
2017 $4,949 $87,000 $87,000 $0
2016 $7,040 $123,250 $123,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1005647

Vail Multi-List Service

APN: R031254