6
Beds
8
Baths
7,743
Sq Ft
0.69
Acres
Highlights
- Spa
- 0.69 Acre Lot
- Main Floor Primary Bedroom
- Aspen Middle School Rated A-
- Contemporary Architecture
- 9 Fireplaces
About This Home
As of May 2024Unique opportunity to own a stunning estate on Aspen's coveted Red Mountain. A timeless designed private estate with dramatic, panoramic views including Aspen Mountain, Aspen Highlands, Buttermilk, Independence Pass, and sparkling city lights of downtown Aspen. An elegant blend of classic and contemporary design creates an Aspen residence for the ages. An extensive recently completed renovation has transformed this home into a state-of-the-art masterpiece for the most discerning buyer. Redesigned for entertaining, the indoor and outdoor living, soaring ceilings, custom kitchen, breathtaking staircase, and well-thought-out floorplan provide a multigenerational legacy estate.
Last Agent to Sell the Property
Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 03/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,272
Year Built
- Built in 2000
Lot Details
- 0.69 Acre Lot
- South Facing Home
- Southern Exposure
- Lot Has A Rolling Slope
- Landscaped with Trees
- Property is in excellent condition
- Property is zoned R-30
HOA Fees
- $500 Monthly HOA Fees
Parking
- 3 Car Garage
Home Design
- Contemporary Architecture
- Brick or Stone Mason
- Frame Construction
- Metal Roof
- Wood Siding
- Stone Siding
- Stucco Exterior
Interior Spaces
- 7,743 Sq Ft Home
- 3-Story Property
- Furnished
- Ceiling Fan
- 9 Fireplaces
- Gas Fireplace
- Window Treatments
- Home Security System
- Property Views
- Finished Basement
Kitchen
- Oven
- Stove
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Steam Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Spa
- Patio
Location
- Mineral Rights Excluded
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Water Rights Not Included
- Water Softener
- Cable TV Available
Community Details
- Association fees include sewer, ground maintenance
- Red Mountain Ranch Subdivision
- On-Site Maintenance
Listing and Financial Details
- Exclusions: See Remarks
- Assessor Parcel Number 273706403002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2024
Closed on
May 1, 2024
Sold by
Phillips Stephen Norbert
Bought by
916 Hunter Creek Llc
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Sam Augustine
Compass Aspen
List Price
$29,900,000
Sold Price
$23,500,000
Premium/Discount to List
-$6,400,000
-21.4%
Total Days on Market
441
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,389,242
Avg. Annual Appreciation
-32.82%
Original Mortgage
$15,000,000
Outstanding Balance
$14,846,732
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$264,026
Purchase Details
Listed on
Oct 8, 2014
Closed on
Jan 6, 2015
Sold by
Blechman Steve and Blechman Elyse
Bought by
Phillips Stephen Norbert
Seller's Agent
Steven Shane
Shane Aspen
Buyer's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$12,900,000
Sold Price
$10,000,000
Premium/Discount to List
-$2,900,000
-22.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Similar Homes in Aspen, CO
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $23,500,000 | Land Title | |
| Warranty Deed | $10,000,000 | Attorneys Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $15,000,000 | New Conventional | |
| Previous Owner | $3,300,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,000,000 | Credit Line Revolving | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $3,500,000 | Unknown | |
| Previous Owner | $3,500,000 | Construction | |
| Previous Owner | $1,100,000 | Unknown | |
| Previous Owner | $1,100,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $23,500,000 | -9.3% | $3,035 / Sq Ft |
| 04/16/2024 04/16/24 | Pending | -- | -- | -- |
| 03/16/2024 03/16/24 | Price Changed | $25,900,000 | -13.4% | $3,345 / Sq Ft |
| 03/16/2024 03/16/24 | For Sale | $29,900,000 | 0.0% | $3,862 / Sq Ft |
| 03/01/2024 03/01/24 | Pending | -- | -- | -- |
| 04/06/2023 04/06/23 | Price Changed | $29,900,000 | -12.1% | $3,862 / Sq Ft |
| 01/30/2023 01/30/23 | For Sale | $34,000,000 | +240.0% | $4,391 / Sq Ft |
| 01/06/2015 01/06/15 | Sold | $10,000,000 | -22.5% | $1,266 / Sq Ft |
| 10/27/2014 10/27/14 | Pending | -- | -- | -- |
| 10/08/2014 10/08/14 | For Sale | $12,900,000 | -- | $1,634 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History Compared to Growth
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 | $58,501 | $2,033,840 | $635,350 | $1,398,490 |
| 2023 | $58,501 | $2,056,280 | $642,360 | $1,413,920 |
| 2022 | $36,272 | $1,145,760 | $417,000 | $728,760 |
| 2021 | $36,178 | $1,178,730 | $429,000 | $749,730 |
| 2020 | $36,735 | $1,194,050 | $371,800 | $822,250 |
| 2019 | $36,735 | $1,194,050 | $371,800 | $822,250 |
| 2018 | $27,674 | $1,318,590 | $374,400 | $944,190 |
| 2017 | $24,039 | $1,046,620 | $360,000 | $686,620 |
| 2016 | $24,004 | $881,000 | $398,000 | $483,000 |
| 2015 | $21,315 | $787,240 | $398,000 | $389,240 |
| 2014 | $20,366 | $734,560 | $310,440 | $424,120 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Shane
Seller's Agent in 2024
Steven Shane
Compass Aspen
(970) 925-6063
88 in this area
137 Total Sales
-
Sam Augustine
Buyer's Agent in 2024
Sam Augustine
Compass Aspen
(646) 629-4353
20 in this area
268 Total Sales
-
Chris Klug
C
Buyer's Agent in 2015
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
(970) 948-7055
51 in this area
121 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 178089
APN: R003464
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