NOT LISTED FOR SALE

5387 Castle Creek Dr Aspen, CO 81611

6 Beds
5 Baths
4,343 Sq Ft
83 Acres

Last Sold August 10, 2020

Last sale price $15,000,000 $3,454 Per Sq Ft

1,445 Days on Market

Highlights

  • 83 Acre Lot
  • No HOA
  • 3 Car Garage
  • Aspen Middle School Rated A-
  • Agricultural
  • 1-Story Property

About This Home

As of August 2020

A chance to own a major part of North American skiing history, Aspen's first ski lodge. Highland Ranch, 83 gorgeous acres with stunning views and Castle Creek frontage with pond, is conveniently located only 10 minutes from downtown Aspen. Highland Ranch consists of the main house (original lodge), the bunk house, a two car garage, the caretaker unit, the original guest cabin, as well as a large barn and artist studio. Additional Building Opportunities on two different parts of the property. Truly a Once in a Lifetime opportunity to own an irreplaceable property with immeasurable historic value, and development potential. First time offered in over 60 years! The 83 acre ranch has been divided into 3 separate parcels... The Castle Creek Parcel, the Ranch Parcel, and the Mesa Parcel





o The Castle Creek Parcel east of Castle Creek Road of approximately 22 acres has a Conservation Easement assuring Open Space and privacy to the Ranch and Mesa Parcels





o The Ranch Parcel, 35 acres in size and includes historic Highland Bavarian Lodge, Bunk House, Cabin, CDU, open meadows with irrigated water rights bordering Castle Creek. In addition, there is a Building Right of 5,750 sq ft and a 750 sq ft garage Above Grade and up to 4,000 sq ft Below Grade, plus the right to add 783 sq ft to the original Highland Bavarian Lodge.


o Offered for $11,875,000 (includes the Castle Creek and Ranch Parcel)





o The Mesa Parcel... this stunning 23 acre parcel bordering Castle Creek & adjacent to the Ranch Parcel on the west and Conundrum Creek to the north has a Building Right of 10,750 sq ft for a Main House, 1,500 sq ft for an Accessory structure (heated livable) & 1,000 sq ft CDU. This site features treed privacy, a central open meadow, and incredible views of Five Fingers


o Offered for $7,875,000




o All Three Parcels Offered for $18,750,000 The 83 acre ranch has been divided into 3 separate parcels... The Castle Creek Parcel, the Ranch Parcel, and the Mesa Parcel

o The Castle Creek Parcel east of Castle Creek Road of approximately 22 acres has a Conservation Easement assuring Open Space and privacy to the Ranch and Mesa Parcels

o The Ranch Parcel, 35 acres in size and includes historic Highland Bavarian Lodge, Bunk House, Cabin, CDU, open meadows with irrigated water rights bordering Castle Creek. In addition, there is a Building Right of 5,750 sq ft and a 750 sq ft garage Above Grade and up to 4,000 sq ft Below Grade, plus the right to add 783 sq ft to the original Highland Bavarian Lodge.
o Offered for $11,875,000 (includes the Castle Creek and Ranch Parcel)

o The Mesa Parcel... this stunning 23 acre parcel bordering Castle Creek & adjacent to the Ranch Parcel on the west and Conundrum Creek to the north has a Building Right of 10,750 sq ft for a Main House, 1,500 sq ft for an Accessory structure (heated livable) & 1,000 sq ft CDU. This site features treed privacy, a central open meadow, and incredible views of Five Fingers
o Offered for $7,875,000

o All Three Parcels Offered for $18,750,000

Last Agent to Sell the Property

Brian Hazen

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #EA.000189091 Listed on: 07/19/2016

Coldwell Banker Mason Morse-Aspen

Last Buyer's Agent

Heidi Houston

Compass Aspen License #EA.000224621

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,131

Year Built

  • Built in 1938

Lot Details

  • 83 Acre Lot
  • Property is zoned AR-10

Parking

  • 3 Car Garage

Interior Spaces

  • 4,343 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Agricultural

Community Details

  • No Home Owners Association
  • Castle Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291102100011

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,131

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Agricultural
  • Prop. Type: Residential
  • Lot Size Acres: 83.0
  • Subdivision Name: Castle Creek
  • Directions: A little over 5 Miles up Castle Creek Road from the roundabout. Just past Conundrum Creek Road on the right.
  • Garage Yn: Yes
  • Master Model: No
  • Year Built: 1938
  • Tax Parcel Letter: R003454
  • Attribution Contact: (970) 925-7000
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: AR-10
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: Yes
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 11130.76
  • Financing Info:Tax Year2: 2019
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Living Area: 4343.0

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 713.0

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 3615480.0
  • Parcel #: 291102100011
  • Zoning: AR-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11130.76
  • Tax Year: 2019

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 List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $15,000,000 -40.0% $3,454 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
07/19/2016 07/19/16 For Sale $25,000,000 -- $5,756 / Sq Ft
Source: Aspen Glenwood MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 145229

Aspen Glenwood MLS