NOT LISTED FOR SALE

511 & TBD Lazy Chair Ranch Rd Aspen, CO 81611

Estimated Value: $8,727,000 - $9,472,000

4.4 Acres
$2,068,068 Price per Acre
191,664 Sq Ft Lot

Last Sold September 24, 2021

Last sale price $13,670,000

Est. 33% decrease in value since last sale

Current estimated payment $49,766/month

104 Days on Market

Highlights

  • On Golf Course
  • 4.4 Acre Lot
  • Views
  • Aspen Middle School Rated A-
  • Green Building

About This Lot

As of September 2021

Situated at the end of private Lazy Chair Ranch Road and course-side at the Maroon Creek Club, sits a spectacular two lot parcel totaling 4.4 acres that overlooks the 8th green and 9th tee, has expansive views to downtown Aspen, Thunderbowl & Tiehack, and is primed and ready for immediate development (save years of planning and ''the process''). With plans by Bill Poss Architects for an 8,952 square foot mountain contemporary home on Lot 2, much of the heavy lifting has already been done. You may continue the process to completion or bring an architect to implement your vision for the perfect mountain retreat or compound with an additional home on Lot 3. Either way, the sunny and private site just minutes from downtown Aspen and convenient to Tiehack skiing, the Maroon Creek Club,the Aspen Recreation Center and Pitkin County Airport should be on anyone's short list of exceptional building locations. the Aspen Recreation Center and Pitkin County Airport should be on anyone's short list of exceptional building locations.

Last Agent to Sell the Property

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 03/11/2021

Co-Listed By

Chris Klug

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100025125

Last Buyer's Agent

Lex Tarumianz

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100014565

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,456

Lot Details

  • 4.4 Acre Lot
  • On Golf Course

HOA Fees

  • $245 Monthly HOA Fees

Additional Features

  • Green Building
  • Gas Available
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 273511302002

Community Details

Overview

  • Association fees include snow removal

Recreation

  • Snow Removal

Property Details

Property Type

Land

Est. Annual Taxes

$18,456

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 4.4
  • Co List Office Mls Id: ASSHMA
  • Subdivision Name: None
  • Directions: Hwy 82 to Tiehack Rd. Tiehack Rd to Lazy Chair Ranch Rd. Lots are at the end of the long driveway.
  • Tax Parcel Letter: R016359
  • Attribution Contact: (970) 925-6060
  • General Info:Zoning2: Residential
  • Listing Info:REO: No
  • Financing Info:Taxes2: 18455.6
  • Financing Info:Tax Year2: 2021
  • Sanitation:Sewer: Yes
  • Gas:Available2: Yes
  • HOA Fee Includes:Snow Removal2: Yes
  • Lot Description:Golf Course: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 2944.0
  • Special Features: None

Utilities

  • Building Features: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2944.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 2944.0
  • Financing Info:Association Fee Frequency2: Annually

Fee Information

  • Association Fee Includes: Other, Snow Removal

Lot Info

  • Lot Size Sq Ft: 191664.0
  • Parcel #: 273511302002
  • Zoning: Residential
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 18455.6
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Lazy Chair Holdings Llc
Bought by
Yellow Rose Of Aspen Llc
Current Estimated Value
$9,099,500

Purchase Details

Listed on
Mar 11, 2021
Closed on
Sep 21, 2021
Sold by
Liv Daniel Thomas Van Voorhis Revcocable
Bought by
Lazy Chair Holdings Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Lex Tarumianz
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$14,950,000
Sold Price
$13,670,000
Premium/Discount to List
-$1,280,000
-8.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.57%
Original Mortgage
$11,602,500
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 14, 2018
Sold by
Lazy Chair Lot 3 Llc
Bought by
Livi Daniel Thomas Van Voorhis Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,880,000
Interest Rate
4.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 13, 2018
Sold by
Lazy Chair Lot 2 Llc
Bought by
Livi Daniel Thomas Van Voorhis Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,880,000
Interest Rate
4.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 2014
Sold by
Hecht Andrew V
Bought by
Lazy Chair Lot 2 Llc

Purchase Details

Closed on
Feb 27, 2014
Sold by
Hecht Andrew V
Bought by
Hecht Andrew V
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yellow Rose Of Aspen Llc -- None Listed On Document
Yellow Rose Of Aspen Llc $19,000,000 Attorneys Title
Lazy Chair Holdings Llc $13,670,000 Attorneys Ttl Agcy Of Aspen
Livi Daniel Thomas Van Voorhis Revocable -- Attorneys Title Ins Agency O
Livi Daniel Thomas Van Voorhis Revocable -- Attorney Title Agency
Livi Daniel Thomas Van Voorhis Revocable $3,840,000 Attorneys Title Agency Of As
Lazy Chair Lot 2 Llc $2,500,000 Attorneys Title Agency Of As
Hecht Andrew V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lazy Chair Holdings Llc $11,602,500
Previous Owner Livi Daniel Thomas Van Voorhis Revocable $2,880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $13,670,000 -8.6% --
06/24/2021 06/24/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $14,950,000 -- --
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 $15,325 $466,150 $466,150 $0
2023 $15,325 $473,380 $473,380 $0
2022 $10,655 $290,620 $260,630 $29,990
2021 $10,609 $298,980 $268,130 $30,850
2020 $10,160 $284,390 $268,130 $16,260
2019 $10,416 $291,540 $268,130 $23,410
2018 $9,931 $293,570 $270,000 $23,570
2017 $8,762 $275,490 $252,000 $23,490
2016 $9,352 $287,990 $258,700 $29,290
2015 $9,231 $287,990 $258,700 $29,290
2014 $9,921 $295,780 $274,620 $21,160
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Craig Morris

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 429-1090

    63 in this area

    89 Total Sales

    Craig Morris
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Chris Klug

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-7055

    46 in this area

    111 Total Sales

    Chris Klug
    Section Image
  • Lex Tarumianz

    Buyer's Agent in 2021

    Lex Tarumianz

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (540) 325-3214

    132 in this area

    212 Total Sales

    Lex Tarumianz
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 169012

Aspen Glenwood MLS

APN: R016359

Colorado Pitkin County Aspen 81611

511 & TBD Lazy Chair Ranch Rd, Aspen, CO

This home is located at 511 & TBD Lazy Chair Ranch Rd, Aspen, CO 81611 since 11 March 2021 and is currently estimated at $9,099,500. 511 & TBD Lazy Chair Ranch Rd is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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