NOT LISTED FOR SALE

848 Willoughby Way Aspen, CO 81611

Estimated Value: $7,879,000

1.06 Acres
$7,433,019 Price per Acre
46,174 Sq Ft Lot

Last Sold February 09, 2024

Last sale price $25,500,000

Current estimated payment $46,136/month

60 Days on Market

Highlights

  • 1.06 Acre Lot
  • Green Building
  • Lake, Pond or Stream
  • Aspen Middle School Rated A-
  • Pond
  • Wooded Lot

About This Lot

As of February 2024

Nestled in the heart of opulence, this 1+ acre canvas on the prestigious Willoughby Way awaits the vision of a buyer seeking to create a masterpiece in luxury living. Behold awe-inspiring, uninterrupted views of the majestic ski mountains while also embracing tranquility with your private stream and pond, creating an oasis that seamlessly blends nature's beauty with architectural elegance. You can access the Rio Grand Trail and Roaring Fork River from your backyard. Your architect will enjoy the flat buildable area in designing a legacy property.

Last Agent to Sell the Property

Erik Berg

ENGEL & VOLKERS Brokerage Phone: (970) 925-8400 License #ER.040043847 Listed on: 10/21/2023

ENGEL & VOLKERS

Last Buyer's Agent

The Team at ASSIR

Aspen Snowmass Sotheby's International Realty-Snowmass Village License #n/a

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,330

Lot Details

  • 1.06 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R-30

HOA Fees

  • $333 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Gas Available
  • Water Rights
  • Irrigation Water Rights

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 273501402010

Community Details

Overview

  • Pitkin Green Subdivision

Recreation

  • Pond
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$29,330

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 1.06
  • Subdivision Name: Pitkin Green
  • Directions: Upvalley from Main Street, turn left (north) on Mill Street. Merge with Red Mountain Road. Turn left on Willoughby Way. Apprx..9 miles the lot will be on your left.
  • New Construction: No
  • Tax Parcel Letter: R014723
  • Attribution Contact: (970) 925-8400
  • General Info:Zoning2: R-30
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Financing Info:Taxes2: 29330.0
  • Financing Info:Tax Year2: 2023
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Mineral Rights:No2: Yes
  • Water:Community: Yes
  • Lot Description:Flat: Yes
  • Lot Description:Wooded Lot: Yes
  • Lot Description:Pond Lake Stream: Yes
  • Water Rights:Community2: Yes
  • Extras:Pond System: Yes
  • Extras:Underground Utility: Yes
  • Gas:Available2: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 4000.0
  • Special Features: None

Exterior Features

  • Water Rights Available: Yes

Utilities

  • Building Features: Yes
  • Water Source: Community, Other
  • Water Rights Irrigation: Yes

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 1000.0
  • Financing Info:Association Fee Frequency2: Quarterly

Lot Info

  • Lot Size Sq Ft: 261360.0
  • Parcel #: 273501402010
  • Zoning: R-30
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 29330.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Feb 9, 2024
Sold by
Pitkin County Holdings Llc
Bought by
Hallam Ventures Llc
Seller's Agent
Erik Berg
ENGEL & VOLKERS
Buyer's Agent
The Team at ASSIR
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$26,700,000
Sold Price
$25,500,000
Premium/Discount to List
-$1,200,000
-4.49%
Views
54
Current Estimated Value
$7,879,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,621,000
Avg. Annual Appreciation
-52.90%

Purchase Details

Listed on
Jun 13, 2018
Closed on
Nov 8, 2018
Sold by
848 Willoughby Llc
Bought by
Pitkin County Holdings Llc
Seller's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Karen Toth
Karen Toth Realty
List Price
$15,995,000
Sold Price
$14,675,000
Premium/Discount to List
-$1,320,000
-8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%

Purchase Details

Listed on
Jun 13, 2018
Closed on
Nov 6, 2018
Sold by
848 Willoughby Llc
Bought by
Pitkin County Holdings Llc
Seller's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Karen Toth
Karen Toth Realty
List Price
$15,995,000
Sold Price
$14,675,000
Premium/Discount to List
-$1,320,000
-8.25%

Purchase Details

Listed on
Apr 17, 2018
Closed on
Apr 17, 2018
Sold by
Davies Fredric A and Davies Frances M A
Bought by
848 Willoughby Llc
Seller's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$12,000,000
Sold Price
$12,100,000
Premium/Discount to List
$100,000
0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.13%
Original Mortgage
$5,400,000
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 17, 2018
Closed on
Apr 9, 2018
Sold by
Davies Fredric A and Davies Frances M
Bought by
848 Willoughby Llc
Seller's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$12,000,000
Sold Price
$12,100,000
Premium/Discount to List
$100,000
0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,400,000
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Hallam Ventures Llc -- None Listed On Document
Pitkin County Holdings Llc $14,675,000 Attorneys Title Agency
Pitkin County Holdings Llc -- Attorneys Title Agency
848 Willoughby Llc -- Attorneys Title Agency
848 Willoughby Llc $12,100,000 Attorneys Title Ins Agency O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 848 Willoughby Llc $5,400,000
Previous Owner Davies Fredric A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $25,500,000 -4.5% --
10/21/2023 10/21/23 For Sale $26,700,000 +81.9% --
11/08/2018 11/08/18 Sold $14,675,000 -8.3% --
10/06/2018 10/06/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $15,995,000 +32.2% --
04/17/2018 04/17/18 Sold $12,100,000 +0.8% $4,300 / Sq Ft
04/17/2018 04/17/18 For Sale $12,000,000 -- $4,264 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
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 $38,446 $1,336,610 $1,269,500 $67,110
2023 $38,446 $1,352,290 $1,284,390 $67,900
2022 $29,331 $926,490 $882,650 $43,840
2021 $29,254 $953,150 $908,050 $45,100
2020 $25,760 $837,320 $786,500 $50,820
2019 $25,760 $837,320 $786,500 $50,820
2018 $15,232 $843,170 $792,000 $51,170
2017 $13,231 $565,440 $466,560 $98,880
2016 $12,549 $468,540 $411,930 $56,610
2015 $12,471 $468,540 $411,930 $56,610
2014 $13,897 $509,190 $447,750 $61,440
Source: Public Records

Agents Affiliated with this Home

  • Erik Berg

    Seller's Agent in 2024

    Erik Berg

    ENGEL & VOLKERS

    (970) 379-6353

    26 in this area

    75 Total Sales

    Erik Berg
    Section Image

  • T

    Buyer's Agent in 2024

    The Team at ASSIR

    Aspen Snowmass Sotheby's International Realty-Snowmass Village

    (970) 923-2006

    7 in this area

    24 Total Sales

    The Team at ASSIR
    Section Image
  • Andrew Ernemann

    Seller's Agent in 2018

    Andrew Ernemann

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 379-8125

    34 in this area

    40 Total Sales

    Andrew Ernemann
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Craig Morris

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 429-1090

    70 in this area

    97 Total Sales

    Craig Morris
    Section Image

  • K

    Buyer's Agent in 2018

    Karen Toth

    Karen Toth Realty

    (970) 379-5252

    Karen Toth
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 181468

Aspen Glenwood MLS

APN: R014723

Colorado Pitkin County Aspen 81611

848 Willoughby Way, Aspen, CO

This home is located at 848 Willoughby Way, Aspen, CO 81611 since 21 October 2023 and is currently estimated at $7,879,000. 848 Willoughby Way 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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