NOT LISTED FOR SALE

873 Skyland Dr Crested Butte, CO 81224

Estimated Value: $5,743,705 - $8,288,000

6 Beds
4.5 Baths
7,424 Sq Ft
$935/Sq Ft Est. Value

Last Sold September 22, 2015

Last sale price $3,530,000 $475 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $39,415/month

7 Days on Market

Highlights

  • Lake Front
  • 0.55 Acre Lot
  • Vaulted Ceiling
  • Steam Room
  • Deck
  • Post and Beam

About This Home

As of September 2015

This sophisticated Log Mansion overlooks Grant Lake at the foot of Crested Butte mountain. Breathtaking Butte views to the north, and sweeping golf course views to the south, with Paradise Divide mountain ranges and the Slate River beyond. Crested Butte is conveniently located on the west side of the Continental Divide in Colorado's Rocky Mountains, only 24 miles south of Aspen per a day hike. Easily accessed by private landing options, by direct flights to Gunnison or Montrose airports, or four hours by car from Denver. The town is a spirited fun-loving community with a population of 2,000 plus a family friendly ski resort. Crested Butte is known as the Wildflower Capitol of Colorado and it is also known for the best mountain biking in the United States. For services, Crested Butte offers many options to take care of you, your home, and your guests including: airport shuttles, car service, in-home cooking, in-home massage therapy, delivery of fresh groceries, daily cleaning services, guides for biking, hiking, climbing, fishing and skiing, childcare services, daily housekeeping, property management, and more. This is a rare opportunity to own a sophisticated mountain home of this size in Central Colorado. We invite you to compare this property to similar opportunities in nearby Aspen or Vail; you will find that they are easily selling for $8-10million and more. Here, you can have all that Gunnison National Forest, Crested Butte, East River, Slate River and the valleys of the Paradise Divide have to offer for a great price and a greater reward. Co-listed with Becky Frey at Briggs Freeman Sotheby's International Realty.

Last Agent to Sell the Property

Kiley Flint

LIV Sotheby's International Realty - CB Listed on: 08/03/2015

LIV Sotheby's International Realty - CB

Last Buyer's Agent

Gary Huresky

LIV Sotheby's International Realty - CB

LIV Sotheby's International Realty - CB

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.55 Acre Lot
  • Lake Front
  • Landscaped

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Post and Beam
  • Permanent Foundation
  • Wood Shingle Roof
  • Metal Roof
  • Log Siding
  • Stick Built Home
  • Stone

Interior Spaces

  • 7,424 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Sound System
  • Vaulted Ceiling
  • Steam Room
  • Indoor Spa
  • Finished Basement
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include fitness facility, fishing rights, road maintenance
  • Skyland Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Dishwasher, Disposal, Range/Oven
  • Estimated Total Acres: 0.55
  • Class: RESIDENTIAL
  • Em Deposit: $185,000
  • Exterior Inclusions: Landscaping, Patio, Deck, Balcony
  • Interior Inclusions: Sound System, Wet Bar, Vaulted Ceiling, Security System, Hot Tub, Steam Room, Garage Door Opener
  • Legal Lot Block: Lot S-163 Skyland Third Filing Phase I #635623
  • Price Per Sq Ft: 475.48
  • Residence Stories: Three Story
  • Sale/Rent: For Sale
  • Street Descriptionaccess: Paved
  • Street Designation: Drive
  • Tax Account Id: R040519
  • Waterfront Type: Lake/Reservoir
  • Type: Stick Built
  • Total Taxes Dollar: $18,788.86
  • Year Built: 2006
  • Prop Description Remarks: This sophisticated Log Mansion overlooks Grant Lake at the foot of Crested Butte mountain. Breathtaking Butte views to the north, and sweeping golf course views to the south, with Paradise Divide mountain ranges and the Slate River beyond. Crested Butte is conveniently located on the west side of the Continental Divide in Colorado's Rocky Mountains, only 24 miles south of Aspen per a day hike. Easily accessed by private landing options, by direct flights to Gunnison or Montrose airports, or four hours by car from Denver. The town is a spirited fun-loving community with a population of 2,000 plus a family friendly ski resort. Crested Butte is known as the Wildflower Capitol of Colorado and it is also known for the best mountain biking in the United States. For services, Crested Butte offers many options to take care of you, your home, and your guests including: airport shuttles, car service, in-home cooking, in-home massage therapy, delivery of fresh groceries, daily cleaning services, guides for biking, hiking, climbing, fishing and skiing, childcare services, daily housekeeping, property management, and more. This is a rare opportunity to own a sophisticated mountain home of this size in Central Colorado. We invite you to compare this property to similar opportunities in nearby Aspen or Vail; you will find that they are easily selling for $8-10million and more. Here, you can have all that Gunnison National Forest, Crested Butte, East River, Slate River and the valleys of the Paradise Divide have to offer for a great price and a greater reward. Co-listed with Becky Frey at Briggs Freeman Sotheby's International Realty.
  • Subdv Name: Skyland
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 20

Interior Features

  • Bedrooms: 6
  • Flooring: Tile, Carpet-Partial, Hardwood
  • Estimated Total Sq Ft: 7424
  • Half Bathrooms: 1
  • Bathrooms Three Quarters: 4
  • Total Bathrooms: 4.5
  • Foundation: Basement-below grade, Basement-walk out, Basement-finished, Permanent

Exterior Features

  • Construction Type: Wood Frame, Log, Wood, Stone, Post & Beam
  • Roof: Wood Shingle, Metal

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Utilities: Electric, Phone - Landline, Natural Gas, Cable TV
  • Heating System: Floor Radiant
  • Water Heater: Gas Water Heater

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Fitness Facility, Fishing Rights, Road Maintenance
  • Hoametro Fees: $200
  • HOA Metro Fees Frequency: Annually

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Sep 22, 2015
Sold by
Brown Cary D
Bought by
Cary Brown Family Lp
Seller's Agent
Kiley Flint
LIV Sotheby's International Realty - CB
Buyer's Agent
Gary Huresky
LIV Sotheby's International Realty - CB
List Price
$3,695,000
Sold Price
$3,530,000
Premium/Discount to List
-$165,000
-4.47%
Current Estimated Value
$7,049,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,519,607
Avg. Annual Appreciation
6.81%
Original Mortgage
$3,000,500
Outstanding Balance
$2,268,025
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,671,901

Purchase Details

Closed on
Oct 26, 2012
Sold by
Hsd Lakdway Holding Ltd
Bought by
873 Skyland Llc

Purchase Details

Closed on
Jun 16, 2011
Sold by
Dawlett Haythem S and Dawlett Melissa L
Bought by
Hsd Lakeway Holdings Ltd

Purchase Details

Closed on
Aug 18, 2005
Sold by
N D Enterprises L L C
Bought by
Dawlett Haythem S and Dawlett Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cary Brown Family Lp -- Stewart Title
873 Skyland Llc -- None Available
Hsd Lakeway Holdings Ltd -- None Available
Dawlett Haythem S $405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cary Brown Family Lp $3,000,500
Previous Owner Dawlett Haythem S $303,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2015 09/22/15 Sold $3,530,000 -4.5% $475 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $3,695,000 -- $498 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $28,233 $380,810 $53,210 $327,600
2023 $33,672 $377,130 $52,700 $324,430
2022 $29,539 $330,840 $31,140 $299,700
2021 $27,190 $340,360 $32,030 $308,330
2020 $25,865 $307,270 $34,830 $272,440
2019 $25,507 $307,270 $34,830 $272,440
2018 $19,786 $219,960 $20,160 $199,800
2017 $19,916 $219,960 $20,160 $199,800
2016 $19,645 $225,970 $22,530 $203,440
2015 $18,977 $225,970 $22,530 $203,440
2014 $18,977 $194,270 $18,020 $176,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 13926

Colorado Real Estate Network (CREN)

APN: R040519