NOT LISTED FOR SALE

615 Forest Place Vail, CO 81657

Estimated Value: $5,567,000 - $37,031,436

7 Beds
14 Baths
11,865 Sq Ft
$1,795/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $30,875,000 $2,602 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $121,471/month

68 Days on Market

Highlights

  • Views of Ski Resort
  • Fitness Center
  • Spa
  • Golf Course Community
  • Heated Driveway
  • 4-minute walk to Sunbird Park & Playground

About This Home

As of March 2022

Newly Remodeled and Renovated Luxury Vail Mountain Chalet with Ski-In/Ski-Out Eagle Bahn Gondola Access

One of only four custom residences nestled in a private enclave on Vail's revered Forest Road, 615 Forest Place is a classic European-inspired alpine chalet with exclusive access to Vail Mountain via the popular Born Free ski run.

Built in 2007, this residence and enclave were conceived as part of a master re-development plan for Vail's Lionshead Village including the Arrabelle at Vail Square, a RockResort with full-service spa and extravagant resort amenities. With exceptional access to skiing, snowboarding, and the Eagle Bahn Gondola, a private backyard path to gold-medal waters of Vail's Gore Creek, year-round recreation and resort village lifestyle just steps from your door, this home is indeed a rare find.

Constructed with enduring Tuscan Gold natural stone and giant honed timbers, all 11,865 square feet of this seven-bedroom, 11-bathroom, three-level home's layout caters to multi-generational comfort. Although it features incredible recreational and resort access, the residence is also remarkably private. There are two wings with accompanying sets of stairs, an elevator for ease, and a substantial four-bay garage. Welcome guests through a sunny south-facing grand entrance on the main level into a traditional Great Room with magnificent views of the Eagle Bahn Gondola, Gore Creek, and the bustling Lionshead base area. In addition to enviable views, the room features a natural stone fireplace, formal living and dining areas with a full-service wet bar, and a large wraparound outdoor deck providing ample space to enjoy the exquisite location.

Last Agent to Sell the Property

Tye Stockton

Compass License #FA40039340 Listed on: 12/22/2021

Compass

Last Buyer's Agent

Andrew Gould

Highlife Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,659

Year Built

  • Built in 2007

Lot Details

  • 0.62 Acre Lot
  • Home fronts a creek

HOA Fees

  • $792 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Heated Garage
  • Heated Driveway

Property Views

  • River
  • Ski Resort
  • Creek or Stream
  • Mountain

Home Design

  • Entry on the 3rd floor
  • Poured Concrete
  • Frame Construction
  • Shake Roof
  • Stucco
  • Stone

Interior Spaces

  • 11,865 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Partially Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Outdoor Features

  • Spa
  • Deck
  • Patio

Location

  • Property is near public transit
  • City Lot

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210107215004
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include common area maintenance, trash
  • Forest Place Subdivision

Recreation

  • Golf Course Community
  • Fitness Center
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,659

Year Built

Built in 2007

Lot Details

0

HOA Fees

$792 per month

Parking

4

Listing Details

  • Association HOA Fee: 2375.0
  • HOA Fee Frequency: Quarterly
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.62
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2007
  • Road Surface Type: All Year
  • Subdivision Name: Forest Place
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: 3
  • Fireplace Features: Gas
  • Furnished: Partially
  • Interior Amenities: Elevator, Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Spa/Hot Tub, Vaulted Ceiling(s), Steam Shower
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 5
  • Half Bathrooms: 5
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 11865.0
  • ResoLivingAreaSource: Builder
  • 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
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Cooktop: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Steam Shower: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Creek/Stream, Mountain(s), River, Ski Slopes
  • Waterfront Features: Creek
  • Lot Features: City Lot
  • Waterfront: Yes
  • Construction Type: Stone, Stucco
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio2: Yes
  • Waterfront Features:Creek: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Garage, Heated Driveway, Heated Garage
  • Total Parking Spaces: 10.0
  • General Info:Garage2: Yes
  • Parking:Heated Garage: Yes
  • Parking:Garage3: Yes
  • Parking:Heated Driveway: Yes
  • General Info:_pound_ of Garage Stalls: 4.0

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Radiant Floor
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash
  • Heating:Natural Gas: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Cross Country Trail(s), Fishing, Fitness Center, Golf, Near Public Transit, Trail(s)
  • Amenities: None
  • Association Fee: 2375.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Dogs OK

Association/Amenities

  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • HOAComm Amenities:None2: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Trash

Lot Info

  • Lot Size Sq Ft: 27094.0
  • Parcel #: 210107215004
  • Land Lease: No
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 59659.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Mar 25, 2022
Sold by
Harlan Development-Vail Llc
Bought by
Arousmith Holdings Ii Llc
Seller's Agent
Tye Stockton
Compass
Buyer's Agent
Andrew Gould
Highlife Properties
List Price
$32,950,000
Sold Price
$30,875,000
Premium/Discount to List
-$2,075,000
-6.3%
Current Estimated Value
$21,299,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,575,782
Avg. Annual Appreciation
-10.13%

Purchase Details

Closed on
Jul 19, 2021
Sold by
Harlan Development Company Llc
Bought by
Harlan Development Vail Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 17, 2008
Sold by
Glendore Development Inc
Bought by
Harlan Development Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Arousmith Holdings Ii Llc $30,875,000 None Listed On Document
Harlan Development Vail Llc -- None Available
Harlan Development Co Llc $12,750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harlan Development Vail Llc $15,000,000
Previous Owner Harlan Development Co Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $30,875,000 -6.3% $2,602 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $32,950,000 -- $2,777 / 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 $98,390 $2,068,670 $868,500 $1,200,170
2023 $98,390 $2,068,670 $868,500 $1,200,170
2022 $74,819 $1,455,940 $652,280 $803,660
2021 $62,976 $1,224,410 $671,050 $553,360
2020 $59,659 $1,175,530 $622,170 $553,360
2019 $59,857 $1,175,530 $622,170 $553,360
2018 $53,038 $1,020,930 $443,040 $577,890
2017 $52,780 $1,020,930 $443,040 $577,890
2016 $53,472 $1,045,750 $470,010 $575,740
2015 -- $1,045,750 $470,010 $575,740
2014 $43,785 $931,320 $395,800 $535,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1004288

Vail Multi-List Service

APN: R055623