$7,200,000
SOLD AUG 30, 2024

964 Faraway Rd Snowmass Village, CO 81615

6 Beds
6 Baths
4,647 Sq Ft
0.77 Acres

Recently Sold

$1,549 Per Sq Ft

17% Below List Price

76 Days on Market

Highlights

  • Spa
  • Green Building
  • Furnished
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • Cul-De-Sac

About This Home

As of August 2024

A reimagined Snowmass sensation. The design team completely transformed and created a single-family home nestled within a grove of Aspen trees. Every square inch has been redesigned to afford the homeowner an enticing alpine lifestyle. From authentic barn woods to impressive trusses and beams and a dramatic fireplace, the newly created great room and living space guarantee years of entertainment and making lasting memories. Large wrap-around decks provide awe-inspiring mountain views. Five bedrooms, including a remarkable custom bunk room that sleeps six. Make this your Snowmass legacy home.

Last Agent to Sell the Property

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 05/20/2024

Compass Aspen

Last Buyer's Agent

Alexandra George

AG Aspen License #ER.100069424

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,150

Year Built

  • Built in 1980

Lot Details

  • 0.77 Acre Lot
  • Cul-De-Sac
  • Northeast Facing Home
  • Interior Lot
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Membrane Roofing
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,647 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Crawl Space
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer, ground maintenance
  • Ridge Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273301401026
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,150

Year Built

Built in 1980

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Inclusions: Dryer, Oven, Washer, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: Ridge Run
  • Directions: Home is located on Faraway Road approximately 1.3 miles from Brush Creek Road. Once you pass View Ridge Lane on the left, go approximately 250 feet and make a sharp left onto private driveway shared two other homes. 964 Faraway is at the end of the driveway.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1980
  • Tax Parcel Letter: R002390
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 17149.76
  • Financing Info:Tax Year2: 2023
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:Unit Faces: Northeast
  • Inclusions:Oven: Yes
  • Inclusions:Stove Top: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Cooling:AC: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 200.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4647.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Interior Lot, Cul-De-Sac
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Direction Faces: Northeast
  • Property Condition: Excellent
  • Roof: Metal, Membrane
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 1 Car
  • General Info:Garage SqFt: 518.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Radiant, Natural Gas, Electric, Baseboard
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 200.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 33639.0
  • Parcel #: 273301401026
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17149.76
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Aug 30, 2024
Sold by
Mckenna Michael P
Bought by
St Jean Real Investments Llc
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Alexandra George
AG Aspen
List Price
$8,700,000
Sold Price
$7,200,000
Premium/Discount to List
-$1,500,000
-17.24%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%
Original Mortgage
$5,250,000
Outstanding Balance
$5,214,338
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$3,141,545

Purchase Details

Listed on
Jul 7, 2021
Closed on
Dec 10, 2021
Sold by
Michael W Walters Irrevocable Trust
Bought by
Mckenna Michael P
Seller's Agent
The Team at ASSIR
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
non- member
Non-Member Office
List Price
$4,800,000
Sold Price
$4,000,000
Premium/Discount to List
-$800,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.54%
Original Mortgage
$2,800,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2021
Closed on
Nov 17, 2021
Sold by
Michael W Walters Irrevocable Trust
Bought by
Mckenna Michael P
Seller's Agent
The Team at ASSIR
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
non- member
Non-Member Office
List Price
$4,800,000
Sold Price
$4,000,000
Premium/Discount to List
-$800,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2012
Sold by
Walters Michael W
Bought by
Michael W Walters Irrevocable Trust

Purchase Details

Closed on
Sep 20, 2010
Sold by
Mccarthy Deborah Berg
Bought by
Walters Michael W
Source: Public Records

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Range of Values:

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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 $7,200,000 Land Title Guarantee
Contract Of Sale -- --
Special Warranty Deed $4,000,000 Land Title Guarantee
Interfamily Deed Transfer -- None Available
Special Warranty Deed $2,700,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,250,000 New Conventional
Previous Owner $1,000,000 Construction
Previous Owner $2,800,000 New Conventional
Previous Owner $1,500,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Price Changed $85,000 +30.8% $18 / Sq Ft
09/03/2024 09/03/24 For Rent $65,000 0.0% --
08/30/2024 08/30/24 Sold $7,200,000 -8.9% $1,549 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $7,900,000 -3.7% $1,700 / Sq Ft
07/17/2024 07/17/24 Price Changed $8,200,000 -5.7% $1,765 / Sq Ft
05/20/2024 05/20/24 For Sale $8,700,000 +117.5% $1,872 / Sq Ft
11/18/2021 11/18/21 Sold $4,000,000 -16.7% $861 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $4,800,000 -- $1,033 / 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 $18,177 $404,780 $182,590 $222,190
2023 $18,177 $411,410 $185,580 $225,830
2022 $10,860 $213,300 $93,830 $119,470
2021 $11,042 $219,440 $96,530 $122,910
2020 $9,679 $190,610 $85,800 $104,810
2019 $9,679 $190,610 $85,800 $104,810
2018 $10,500 $191,940 $86,400 $105,540
2017 $10,011 $202,330 $72,000 $130,330
2016 $10,248 $207,680 $69,650 $138,030
2015 $9,189 $207,680 $69,650 $138,030
2014 $8,505 $190,310 $103,480 $86,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 183762

Aspen Glenwood MLS

APN: R002390