$3,995,000
UNDER CONTRACT $300K PRICE DROP

521 Faraway Rd Snowmass Village, CO 81611

Estimated payment $23,289/month

Total Views 520
0.7 Acre
$5,707,143 Price per Acre
30,492 Sq Ft Lot

Highlights

  • Green Building
  • Views
  • Resident Manager or Management On Site
  • Aspen Middle School Rated A-

About This Lot

Vacant land is a true rarity in the highly sought after Ridge Run neighborhood. This is your chance to create something special. Set on a relatively flat site in the lower part of Ridge Run, this lot offers both convenience and beautiful mountain views. Let your imagination soar with a blank canvas to design and build your ideal mountain retreat. The allowable FAR is 3,964 sq. ft., with the option to purchase an additional 10%, increasing the potential build-out to approximately 4,360 sq.ft. Setback map is in Docs. New topographic survey is now in Docs.

Listing Agent

Gary Kelly

Kelly Properties Aspen License #ER.184601 Listed on: 07/05/2025

Kelly Properties Aspen

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,057

Lot Details

  • 0.7 Acre Lot
  • Property is zoned SF 30

HOA Fees

  • $21 Monthly HOA Fees

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Water Rights Not Included
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 273506203012

Community Details

Overview

  • Association fees include management
  • Ridge Run Subdivision

Security

  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$25,057

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.7
  • Subdivision Name: Ridge Run
  • Directions: Drive up Brush Creek Rd, turn left onto Faraway Rd, go past Ridge Road, the property will be on your right just past 497 Faraway Road, look for sign. The property is in between 497 and 563 Faraway Road.
  • Tax Parcel Letter: R002273
  • General Info:Zoning2: SF 30
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 25057.0
  • Financing Info:Tax Year2: 2024
  • Sanitation:Sewer: Yes
  • Mineral Rights:No2: Yes
  • Water Rights:None6: Yes
  • HOA Fee Includes:Management4: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 250.0
  • Special Features: UnderContract

Utilities

  • Building Features: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 250.0
  • Financing Info:Association Fee Frequency2: Annually

Fee Information

  • Association Fee Includes: Management

Lot Info

  • Lot Size Sq Ft: 30499.0
  • Parcel #: 273506203012
  • Zoning: SF 30
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 25057.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $3,995,000 -7.0% --
07/05/2025 07/05/25 For Sale $4,295,000 -- --
Source: Aspen Glenwood MLS

Source: Aspen Glenwood MLS

MLS Number: 189063

Aspen Glenwood MLS