NOT LISTED FOR SALE

TBD Exhibition Lane Lot 3 Aspen, CO 81611

Estimated Value: $5,120,000 - $6,405,000

0.46 Acre
$11,996,793 Price per Acre
20,038 Sq Ft Lot

Last Sold December 10, 2021

Last sale price $4,250,000

Est. 30% increase in value since last sale

Current estimated payment $36,393/month

465 Days on Market

Highlights

  • Ski Accessible
  • Green Building
  • Views
  • Aspen Middle School Rated A-
  • Clubhouse
  • Shuttle

About This Lot

As of December 2021

Surrounded by the beauty of the Highlands skis runs and red cliffs of Maroon Creek, this luxury mountain home is in the heart of Aspen Highlands. Designed by local and highly-acclaimed David Johnston Architects, the plans are approved by Design Review Board. Construction cost estimates a finished home (including the lot) in the $10-11 million dollar range. Imagine a brand new legacy home with four ensuite bedrooms. Extensive outdoor space and pool, entertainment/family rooms, plus a gym and ski storage. Ski access to the Exhibition ski run. Owners have year-round use of the Ritz Carlton amenities including: heated pools, hot tubs, spa, fitness center and complimentary taxi service to the Aspen airport and downtown Aspen.This vacant .46 acre lot is one of the few remaining lots in Aspen Highlands. Located within the Aspen School district ... plus walk to the Rec Center and AVSC! This vacant .46 acre lot is one of the few remaining lots in Aspen Highlands. Located within the Aspen School district ... plus walk to the Rec Center and AVSC!

Last Agent to Sell the Property

Penny Carruth

Aspen Snowmass Sotheby's International Realty Brokerage Phone: (970) 925-6060 License #EA192791 Listed on: 10/22/2021

Aspen Snowmass Sotheby's International Realty

Last Buyer's Agent

Chris Klug

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100025125

Property Details

Property Type

  • Land

Lot Details

  • 0.46 Acre Lot
  • Steep Slope

HOA Fees

  • $396 Monthly HOA Fees

Utilities

  • Gas Available
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 273514316003

Community Details

Overview

  • Aspen Highlands Subdivision

Amenities

  • Shuttle
  • Clubhouse

Recreation

  • Ski Accessible

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.46
  • Subdivision Name: Aspen Highlands
  • Directions: From Maroon Creek Road, turn left onto Propsector Road (entrance to the Ritz Carlton) and then an immediate right onto Exhibition Road. Continue on Exhibition Lane (at the Y, continue straight) and then the road will do a sharp hairpin turn to the left. The lot is on the left. Look for yard sign.
  • Tax Parcel Letter: R016829
  • Attribution Contact: (970) 925-6060
  • General Info:Zoning2: Residential
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 87609.0
  • Financing Info:Tax Year2: 2019
  • Sanitation:Sewer: Yes
  • Mineral Rights:No2: Yes
  • Water:Community: Yes
  • Water Rights:None6: Yes
  • General Info:ADU Allowed: No
  • Gas:Available2: Yes
  • Lot Description:Steep: Yes
  • Financing Info:HOA Dues YN: Yes
  • Extras:Ski Out: Yes
  • Financing Info Total HOA Fee Per Year2: 4750.88
  • Special Features: None

Utilities

  • Building Features: Yes
  • Utilities: Natural Gas Available
  • Water Source: Community

Condo/Co-op/Association

  • Amenities: Shuttle Service, Clubhouse
  • Association Fee: 4750.88
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 4750.88
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Club House: Yes
  • HOA Amenities:Shuttle Service: Yes

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 273514316003
  • Zoning: Residential
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 87609.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 10, 2021
Sold by
Ultima Iii Llc
Bought by
Henry Sugar Llc
Seller's Agent
Penny Carruth
Aspen Snowmass Sotheby's International Realty
Buyer's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$4,250,000
Sold Price
$4,250,000
Current Estimated Value
$5,518,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,268,525
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Feb 5, 2003
Sold by
Gordon Leticia B
Bought by
Ultima Iii Llc
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
Henry Sugar Llc $4,250,000 Land Title
Ultima Iii Llc $2,100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $4,250,000 0.0% --
10/26/2021 10/26/21 Pending -- -- --
07/17/2020 07/17/20 For Sale $4,250,000 -- --
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 $81,914 $1,268,280 $1,268,280 $0
2023 $81,914 $1,268,280 $1,268,280 $0
2022 $101,434 $1,239,750 $1,239,750 $0
2021 $95,327 $1,239,750 $1,239,750 $0
2020 $87,609 $1,129,550 $1,129,550 $0
2019 $87,609 $1,129,550 $1,129,550 $0
2018 $84,315 $1,129,550 $1,129,550 $0
2017 $79,472 $1,102,000 $1,102,000 $0
2016 $73,870 $1,015,000 $1,015,000 $0
2015 $73,262 $1,015,000 $1,015,000 $0
2014 $78,787 $1,073,000 $1,073,000 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Penny Carruth

    Aspen Snowmass Sotheby's International Realty

    (970) 379-9133

    1 in this area

    31 Total Sales

    Penny Carruth
    Section Image
  • Chris Klug

    Buyer's Agent in 2021

    Chris Klug

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-7055

    43 in this area

    105 Total Sales

    Chris Klug
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 165382

Aspen Glenwood MLS

APN: R016829

Colorado Pitkin County Aspen 81611

TBD Exhibition Lane Lot 3, Aspen, CO

This home is located at TBD Exhibition Lane Lot 3, Aspen, CO 81611 since 22 October 2021 and is currently estimated at $5,518,525. TBD Exhibition Lane Lot 3 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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