$32,000,000

700 Nell Erickson Rd Aspen, CO 81611

Aspen Area

Estimated payment $187,771/month

7 Beds
5.5 Baths
6,802 Sq Ft
$4,704 Price per Sq Ft

Highlights

  • Barn
  • Horse Property
  • Gated Community
  • Aspen Middle School Rated A-
  • Spa
  • 11.79 Acre Lot

About This Home

Rarely does an Aspen estate of this magnitude, privacy, and rich historical lineage become available. Formerly owned by the Paepcke family and designed by renowned, AIA award-winning architect Harry Teague, this extraordinary home on 11.79 magical acres represents the largest and most secluded property currently available on Aspen's coveted Red Mountain. Situated within the exclusive and gated Erickson Ranch, this property offers a rare combination of sweeping views, acreage, architectural prestige, and deep local history. Designed to seamlessly integrate with its dramatic alpine environment, the 6,802-square-foot contemporary masterpiece captures panoramic vistas stretching from Highlands all the way to Mount Sopris. Flooded with natural light through soaring floor-to-ceiling windows, the interior features expansive living spaces perfect for entertaining, 7 bedrooms and 5.5 bathrooms with the primary on the main level. Outside, the sprawling 12 acres borders common ranch land, providing an oasis of ultimate serenity and natural beauty just minutes away from downtown Aspen's world-class dining, shopping, and skiing. 700 Nell Erickson Road is a prized multi-generational family retreat and a crowning achievement in luxury mountain living.

Listing Agent

Elizabeth Stanley

Compass Aspen Brokerage Phone: 970-925-6063 License #100110401 Listed on: 08/31/2026

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,707

Year Built

  • Built in 2002

Lot Details

  • 11.79 Acre Lot
  • Southern Exposure
  • Interior Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned AFR-10

HOA Fees

  • $8,333 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Metal Siding
  • Stucco Exterior
  • Stone Veneer

Interior Spaces

  • 6,802 Sq Ft Home
  • Furnished
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Lake, Pond or Stream
  • Horse Property
  • Patio

Utilities

  • No Cooling
  • Radiant Heating System
  • Natural Gas Connected
  • Water Rights
  • Well

Additional Features

  • Passive Solar Power System
  • Mineral Rights Excluded
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 273501358001

Community Details

Overview

  • Association fees include trash, snow removal, sewer, ground maintenance
  • Erickson Ranch Subdivision
  • Near a Preserve or Public Land

Recreation

  • Snow Removal

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,707

Year Built

Built in 2002

Lot Details

11.79 Acres

HOA Fees

$8,333 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 11.79
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Erickson Ranch
  • Directions: From Red Mountain Road, turn left at Draw Drive. Continue straight to the Nell Erickson Ranch Road. House is on the left.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2002
  • Tax Parcel Letter: R018438
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Furnished
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: AFR-10
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Financing Info:Taxes2: 44706.52
  • Financing Info:Tax Year2: 2025
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • Exterior:Stucco: Yes
  • Inclusions:Freezer: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Exterior:Metal2: Yes
  • Energy Efficiency:Passive Solar Design: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Water Rights:Yes3: Yes
  • Extras:Barn or Corral: Yes
  • Water:Well - Household: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 100000.0
  • Keywords Info Garage Spaces: 2.0
  • Keywords Info Garage4: Yes
  • General Info:Main Floor Primary: Yes
  • Electric: Electricity Connected: Yes
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDEwOSIsIkxpc3RpbmdJRCI6IjE5NDM4OSIsIlN0YW5kYXJkU3RhdHVzIjoiQWN0aXZlIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wOC0zMVQyMzo1OTozOS4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8xODQ0MyIsIkxpY2Vuc2VlTmFtZSI6IlRlbi1YIn0.FxO2rD1di6neuPkh7qkK7FcpsOGaAsdD2tZF7zez_MU/badge
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 6802.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Interior Lot
  • Construction Type: Stone Veneer, Wood Siding, Stucco, Frame
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes
  • Exterior: Stone Veneer: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Laundry Features: Inside
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Natural Gas Connected, Electricity Connected
  • Water Source: Well - Household
  • Heating:Radiant: Yes
  • Gas: Natural Gas Connected: Yes

Condo/Co-op/Association

  • Association Fee: 25000.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 25000.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Borders Public Land: Yes
  • Location Amenities:Gated Community: Yes
  • Location Amenities:Horse Property: Yes
  • Location Amenities:Pond Stream Lake: Yes

Fee Information

  • Association Fee Includes: Trash, Snow Removal, Sewer, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 513572.0
  • Parcel #: 273501358001
  • Zoning: AFR-10

Tax Info

  • Tax Annual Amount: 44706.52
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $44,707 $1,369,460 $875,000 $494,460
2024 $44,707 $1,336,320 $801,790 $534,530
2023 $38,438 $1,464,000 $811,240 $652,760
2022 $28,954 $914,590 $556,000 $358,590
2021 $28,878 $940,910 $572,000 $368,910
2020 $22,336 $726,010 $436,150 $289,860
2019 $22,336 $726,010 $436,150 $289,860
2018 $19,635 $731,090 $439,200 $291,890
2017 $17,056 $638,570 $424,800 $213,770
2016 $16,896 $620,140 $469,640 $150,500
2015 $16,791 $620,140 $469,640 $150,500
2014 $17,521 $631,940 $469,640 $162,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2026 08/31/26 For Sale $32,000,000 0.0% $4,704 / Sq Ft
07/16/2026 07/16/26 For Rent $75,000 0.0% --
07/15/2026 07/15/26 Off Market $75,000 -- --
01/24/2024 01/24/24 For Rent $75,000 0.0% --
09/28/2020 09/28/20 Sold $16,000,000 -10.9% $2,352 / Sq Ft View Prior Sale
06/29/2020 06/29/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $17,950,000 -- $2,639 / Sq Ft
Source: Aspen Glenwood MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $16,000,000 None Available
Bargain Sale Deed -- None Available
Special Warranty Deed -- --
Warranty Deed $15,000,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $35,000,000 New Conventional
Closed $8,900,000 Commercial
Closed $1,500,000 Purchase Money Mortgage
Previous Owner $704,712 Unknown
Source: Public Records

Source: Aspen Glenwood MLS

MLS Number: 194389

Aspen Glenwood MLS

APN: R018438

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