$12,250,000
SOLD OCT 8, 2015

89 Pitkin Way Aspen, CO 81611

3 Beds
3.5 Baths
4,961 Sq Ft
0.68 Acres

Recently Sold

$2,469 Per Sq Ft

2% Above List Price

21 Days on Market

Highlights

  • Spa
  • 0.68 Acre Lot
  • Hydromassage or Jetted Bathtub
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • 4 Fireplaces

About This Home

As of September 2021

Enjoy end of the road privacy on Pitkin Way, one of Red Mountain’s most exclusive and coveted locations. This timeless contemporary stone home with expansive windows and high ceilings provides breathtaking views of Aspen Mountain. The flat, three quarter acre lot is surrounded by mature landscaping in a peaceful setting that is only minutes to downtown Aspen. Very few lots on Red Mountain offer walking distance to downtown Aspen and you can access the Rio Grande Trail and the Roaring Fork River from the edge of the property. Ride your bike or walk to the Music Tent in minutes. The home’s open living spaces offer the perfect backdrop for entertaining and displaying a significant art collection. The new floor to ceiling windows provide a seamless connection to the outdoor patios and deckThe second level of this home features a private and spacious master suite with a south facing deck. Two more ensuite bedrooms with walkouts to beautiful patios complete the package of this unique home. The second level of this home features a private and spacious master suite with a south facing deck. Two more ensuite bedrooms with walkouts to beautiful patios complete the package of this unique home.

Last Agent to Sell the Property

Joshua Saslove

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810 License #ER.224491 Listed on: 08/26/2015

Douglas Elliman Real Estate-Durant

Co-Listed By

Amy Doherty

Douglas Elliman Real Estate-Hyman Ave Brokerage Phone: (970) 925-8810

Last Buyer's Agent

Tim Estin MBA

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #EA.40043228

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,268

Year Built

  • Built in 1987

Lot Details

  • 0.68 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Southern Exposure
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned R-30

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Frame Construction
  • Tar and Gravel Roof
  • Composition Roof
  • Composition Shingle Roof
  • Stone Siding

Interior Spaces

  • 4,961 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • 4 Fireplaces
  • Gas Fireplace
  • Home Security System
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Pitkin Green Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 273501402009

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,268

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Co List Office Mls Id: DougEll-Hyman
  • Co List Office Phone: 970-925-8810
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Pitkin Green
  • Directions: Red Mountain Road to left on Willoughby Way. Pitkin Way is on the left, follow to the end of the road for #89.
  • Above Grade Finished Sq Ft: 4961.0
  • Architectural Style: Two Story, Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1987
  • Tax Parcel Letter: R003151
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 19267.7
  • Financing Info:Tax Year2: 2014
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • Substructure:Slab: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:LvHtSqFt (Abv Grnd): 4961.0
  • Unit Faces:South: Yes
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Roof:Tar Gravel: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 4961.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Landscaped
  • Construction Type: Stone Veneer, Stone, Frame
  • Foundation Details: Slab
  • Property Condition: Good
  • Roof: Tar/Gravel, Composition
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 552.0

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Community
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:Borders Public Land: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 29578.0
  • Parcel #: 273501402009
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19267.7
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2022
Sold by
Mathers Nicholas
Bought by
Mathers Irrevocable Trust
Current Estimated Value
$11,544,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000,000
Outstanding Balance
$11,615,759
Interest Rate
6.02%
Mortgage Type
Seller Take Back
Estimated Equity
-$1,427,680

Purchase Details

Listed on
Sep 20, 2021
Closed on
Sep 17, 2021
Sold by
Roadsend Llc
Bought by
Mathers Nicholas
Seller's Agent
Riley Warwick
Douglas Elliman Real Estate-Durant
Buyer's Agent
Riley Warwick
Douglas Elliman Real Estate-Durant
List Price
$12,500,000
Sold Price
$12,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.17%
Original Mortgage
$8,125,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2015
Closed on
Oct 7, 2015
Sold by
Blitt Chela
Bought by
Roadsend Llc
Seller's Agent
Joshua Saslove
Douglas Elliman Real Estate-Durant
Buyer's Agent
Tim Estin MBA
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$12,000,000
Sold Price
$12,250,000
Premium/Discount to List
$250,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%

Purchase Details

Closed on
Mar 8, 2015
Sold by
Blitt Irwin
Bought by
Blitt Chela
Source: Public Records

Similar Homes in Aspen, CO

  • 1614 Faraway Rd, Aspen, CO 81611

    $8,500,000

    • 5 Beds
    • 4.5 Baths
    • 4,328 Sq Ft
    • 1614 Faraway Rd
    • Aspen, CO

    Welcome to 1614 Faraway Road — a timeless mountain retreat in Snowmass Village offering sweeping views, exceptional privacy, and ample space for everyone. Thoughtfully designed for gathering, this five-bedroom home features a main-floor primary suite and inviting open-concept living, dining, and kitchen spaces. Elegant interior glass French doors allow the living areas to be either seamlessly

    Stacey Kelly Christie's International Real Estate Aspen Snowmass

    Section Image
  • 1227 Mountain View Dr Unit s 1 & 2, Aspen, CO 81611

    $9,995,000

    • 4 Beds
    • 4 Baths
    • 2,080 Sq Ft
    • 1227 Mountain View Dr
    • Unit s 1 & 2
    • Aspen, CO

    Unparalleled Aspen redevelopment opportunity. Discover a rare gem in Aspen's coveted Cemetery Lane neighborhood, where breathtaking 180-degree views stretch from Independence Pass to Buttermilk Mountain. Backing onto acres of pristine open space, this exceptional property offers unparalleled privacy and the feel of owning acres of Aspen land.Take advantage of the opportunity to build your

    Lex Tarumianz Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image
  • 1325 Mountain View Dr, Aspen, CO 81611

    $8,495,000

    • 4 Beds
    • 3 Baths
    • 3,288 Sq Ft
    • 1325 Mountain View Dr
    • Aspen, CO

    Rare opportunity in West Aspen. Single Family Home located on a quiet cul-de-sac on the coveted Mountain View Drive. 15,320 square feet on a level lot. One of the unique homes in West Aspen with easy main floor living, featuring beautiful natural light and privacy in both front and back yards. This home is perfect for entertaining with its seamless transition between indoor and expansive outdoor

    BassWogan Team Compass Aspen

    Section Image
  • 645 Sneaky Ln, Aspen, CO 81611

    $12,495,000

    • 4 Beds
    • 4 Baths
    • 3,427 Sq Ft
    • 645 Sneaky Ln
    • Aspen, CO

    Riverfront single-family homes in Aspen are as rare as powder days in July. Set on a private, flat, wooded lot within city limits, this serene property offers 100 feet of Castle Creek frontage and is just minutes from downtown Aspen.The existing four-bedroom home features high wood-beamed ceilings and a light-filled, open layout. Recent updates include a new roof, updated flooring, modern

    Lex Tarumianz Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image
  • 333 W Hopkins Ave, Aspen, CO 81611

    $10,450,000

    • 3 Beds
    • 3.5 Baths
    • 2,591 Sq Ft
    • 333 W Hopkins Ave
    • Aspen, CO

    Walk to everything from this perfectly located 3 bedroom, 3.5 bath, well maintained single family home. Top floor living space and kitchen provide abundant natural light, soaring ceilings, and even some peeks at Aspen Mountain. Extra large primary suite on its own level features large walk-in closet, 5-piece primary bath, fireplace, and vaulted ceilings. Two spacious en suite guest bedrooms on

    Brian Hazen Coldwell Banker Mason Morse-Aspen

    Section Image
  • 566 Race St, Aspen, CO 81611

    $11,500,000

    • 4 Beds
    • 4.5 Baths
    • 4,182 Sq Ft
    • 566 Race St
    • Aspen, CO

    This stunning Fox Crossing Mountain Contemporary home is perfectly situated just minutes from Aspen's downtown core. It features sweeping Aspen Mountain views from the entire top floor and main living areas.The main level offers a spacious primary suite complete with a walk-in closet, luxurious bathroom, and private hot tub—ideal for ultimate relaxation. An office with a custom-built

    PJ Bory Christie's International Real Estate Aspen Snowmass

    Section Image
  • 709 N Spruce, Aspen, CO 81611

    $12,500,000

    • 3 Beds
    • 3.5 Baths
    • 5,391 Sq Ft
    • 709 N Spruce
    • Aspen, CO

    Showcasing the panoramic backdrop of Aspen Mountain to Mount Sopris, this 2.04 acre parcel has a similar view experience to neighboring Red Mountain. Currently developed with a single-family home containing 5,391sf of livable floor area and a 432sf garage, for a total gross floor area of 5,823sf, yet the highest and best use is to redevelop.The property is zoned AR-10, , which allows a

    Carrie Wells CB, The Aspen Broker

    Section Image
  • 593 Meadowood Dr, Aspen, CO 81611

    $10,495,000

    • 4 Beds
    • 3 Baths
    • 2,710 Sq Ft
    • 593 Meadowood Dr
    • Aspen, CO

    This newly refreshed, elegant 4-bedroom 3-bath residence in Aspen's coveted Meadowood neighborhood was the very first lot established in the subdivision - Lot 1 - offering a unique legacy in this sought-after community. Enjoy exceptional access to top-rated schools, the hospital, and a wealth of outdoor amenities. Surrounded by open space with direct access to hiking and cross-country ski trails,

    Ashley Feddersen Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $12,500,000 --
Special Warranty Deed $12,500,000 Title Company Of The Rockies
Warranty Deed $12,250,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,000,000 Seller Take Back
Previous Owner $8,125,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 For Sale $12,500,000 0.0% $2,520 / Sq Ft
09/17/2021 09/17/21 Sold $12,500,000 +2.0% $2,520 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
10/08/2015 10/08/15 Sold $12,250,000 +2.1% $2,469 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $12,000,000 -- $2,419 / Sq Ft
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 $44,254 $1,538,530 $1,203,120 $335,410
2023 $44,254 $1,556,160 $1,216,910 $339,250
2022 $33,142 $1,046,870 $785,350 $261,520
2021 $33,055 $1,077,000 $807,950 $269,050
2020 $32,219 $1,047,260 $786,500 $260,760
2019 $32,219 $1,047,260 $786,500 $260,760
2018 $28,550 $1,054,580 $792,000 $262,580
2017 $24,800 $928,490 $734,400 $194,090
2016 $19,953 $732,340 $617,700 $114,640
2015 $19,013 $702,200 $617,700 $84,500
2014 $19,268 $694,960 $604,960 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 140778

Aspen Glenwood MLS

APN: R003151