NOT LISTED FOR SALE

501 W Buttermilk Rd Aspen, CO 81611

Estimated Value: $22,957,724

7 Beds
9 Baths
8,005 Sq Ft
$2,868/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $20,000,000 $2,498 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $126,477/month

About This Home

As of July 2021

Skybeam Ranch in West Aspen is an incredible mountain contemporary home on 32 acres with exceptional privacy and wide-open views. Recently upgraded to include a comprehensive landscape redesign with the addition of 100 trees, new stonework, lighting, irrigation and more, the already inviting exterior spaces have been enlarged to encourage outdoor enjoyment and entertaining. The new HVAC units, boiler and electrical have brought the property up to ''like new'' standards and a full re-envisioning of the lower level has added a home theater with wet bar, 85'' screen, and enhanced technology as well as a UV sauna in the exercise room. A new Control 4 smart home system makes remote access a breeze for controlling, security, lighting and climate. Additional upgrades to the kitchen,great room, master bedroom and common areas enhance the functional floor plan featuring 8,005 square feet with finishes of marble, granite, & onyx, imported custom doors, hardwood floors, grand foyer with fireplace, large sunken living room with exposed beams & two-sided fireplace, gourmet kitchen with custom cabinetry, sitting area & fireplace, office/sitting area adjacent to the master suite, steam shower & spa tub in the master bath, wine room, three car garage, fire pit & built-in grill, and an exceptional caretaker apartment with separate entrance, 2 bedrooms, 2 baths, and single car garage. If you think you know this home, we invite you to see what you've been missing! great room, master bedroom and common areas enhance the functional floor plan featuring 8,005 square feet with finishes of marble, granite, & onyx, imported custom doors, hardwood floors, grand foyer with fireplace, large sunken living room with exposed beams & two-sided fireplace, gourmet kitchen with custom cabinetry, sitting area & fireplace, office/sitting area adjacent to the master suite, steam shower & spa tub in the master bath, wine room, three car garage, fire pit & built-in grill, and an exceptional caretaker apartment with separate entrance, 2 bedrooms, 2 baths, and single car garage. If you think you know this home, we invite you to see what you've been missing!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jul 1, 2021
Sold by
The Bryan And Emily Kelln Family Trust
Bought by
501 W Buttermilk Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$19,995,000
Sold Price
$20,000,000
Premium/Discount to List
$5,000
0.03%
Current Estimated Value
$22,957,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,957,724
Avg. Annual Appreciation
-7.73%

Purchase Details

Closed on
Nov 20, 2017
Sold by
501 Buttermilk Llc
Bought by
The Bryan And Emily Kelln Family Trust

Purchase Details

Listed on
Nov 12, 2014
Closed on
Oct 26, 2015
Sold by
Presutti Timothy M and Presutti Courtney E
Bought by
501 Buttermilk Llc
Seller's Agent
Steven Shane
Shane Aspen
Buyer's Agent
Steven Shane
Shane Aspen
List Price
$9,995,000
Sold Price
$7,575,000
Premium/Discount to List
-$2,420,000
-24.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$4,545,000
Interest Rate
2.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 7, 2011
Sold by
Williams James and Williams Jill
Bought by
Presutti Timothy M and Presutti Courtney E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
2.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
501 W Buttermilk Llc $20,000,000 Attorneys Title Agency
The Bryan And Emily Kelln Family Trust -- None Available
501 Buttermilk Llc $7,575,000 Land Title Guarantee Company
Presutti Timothy M $6,000,000 Attorneys Title Agency Of As
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 501 Buttermilk Llc $4,545,000
Previous Owner Presutti Timothy M $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $20,000,000 0.0% $2,498 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $19,995,000 +164.0% $2,498 / Sq Ft
10/26/2015 10/26/15 Sold $7,575,000 -24.2% $983 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $9,995,000 -- $1,297 / Sq Ft

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 $62,865 $1,671,320 $584,630 $1,086,690
2023 $62,865 $1,825,540 $591,600 $1,233,940
2022 $32,683 $694,960 $118,150 $576,810
2021 $32,915 $714,960 $121,550 $593,410
2020 $35,495 $753,770 $121,550 $632,220
2019 $35,495 $753,770 $121,550 $632,220
2018 $0 $759,040 $122,400 $636,640
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map