NOT LISTED FOR SALE

550 W Lower Bellwinkle Ln Snowmass, CO 81654

Studio
1 Bath
1,311 Sq Ft
45 Acre Lot

Sale Details

Date Sold: June 24, 2026

Last sale price $17,000,000 $12,967 Per Sq Ft

126 Days on Market

Highlights

  • 45 Acre Lot
  • No HOA
  • Fenced
  • Aspen Middle School Rated A-

About This Home

As of June 2026

Discover a truly extraordinary offering in one of Colorado's most prestigious alpine enclaves—only ten minutes from downtown Aspen. The Aspen Motorsports Park sits on 45 acres with panoramic views of the Elk Mountain Range, this property offers an incredible setting with exceptional development potential. What makes this opportunity truly unique is its special use permit allowing select racing activities—a rarity in the Roaring Fork Valley. Zoned for a single-family residence within Pitkin County, the parcel permits a home of up to 5,750 square feet by right, or up to 9,250 square feet with the addition of Transferable Development Rights (TDRs).Whether you envision a private motorsport experience or a one-of-a-kind luxury retreat, this property is a blank slate for the visionary buyer. Just four miles from the Aspen Airport and moments from Highway 82, the property is easily accessible yet feels a world apart—offering unmatched privacy and possibility to create a legacy in Aspen.

Last Agent to Sell the Property

Carrie Wells

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #EI1281745 Listed on: 06/19/2025

Coldwell Banker Mason Morse-Aspen

Co-Listed By

John Sarpa

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-7000 License #EA.040026693

Last Buyer's Agent

Carrie Wells

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #EI1281745 Listed on: 06/19/2025

Coldwell Banker Mason Morse-Aspen
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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,593

Year Built

  • Built in 1975

Lot Details

  • 45 Acre Lot
  • Fenced
  • Property is zoned RS-20

Interior Spaces

  • 1 Full Bathroom
  • 1,311 Sq Ft Home
  • 2-Story Property

Community Details

  • No Home Owners Association
  • Woody Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 264316400047
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,593

Year Built

Built in 1975

Lot Details

45 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 45.0
  • Co List Office Mls Id: ASSHMA
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: Woody Creek
  • Directions: McLain Flats Road towards Lower River Road. Right on Raceway Drive. Gate on right.
  • Garage Yn: No
  • Master Model: No
  • Building Stories: 2
  • Year Built: 1975
  • Tax Parcel Letter: R003153
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: Unfurnished
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RS-20
  • Listing Info:REO: No
  • Financing Info:Taxes2: 14593.0
  • Financing Info:Tax Year2: 2024
  • Extras:Fence: Yes
  • Financing Info:HOA Dues YN: No
  • Keywords Info Garage4: No
  • General Info:Main Floor Primary: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDEwOSIsIkxpc3RpbmdJRCI6IjE4ODgwMSIsIlN0YW5kYXJkU3RhdHVzIjoiQ2xvc2VkIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wNi0yNFQxNDo1MToxMC4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8xODQ0MyIsIkxpY2Vuc2VlTmFtZSI6IlRlbi1YIn0.-O4F0irVnXO1_ShXt2cXWtmI3ZMEDMgTi2BGp2ZfMDA/badge
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Living Area: 1311.0

Exterior Features

  • Fencing: Fence

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 1960200.0
  • Parcel #: 264316400047
  • Zoning: RS-20

Tax Info

  • Tax Annual Amount: 14593.0
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2025
Closed on
Jun 23, 2026
Sold by
Aspen Racing And Sports Car Club Llc and Aspen Sports Car Club Llc
Bought by
Seller's Agent
Carrie Wells
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Carrie Wells
Coldwell Banker Mason Morse-Aspen
List Price
$23,000,000
Sold Price
$17,000,000
Premium/Discount to List
-$6,000,000
-26.09%
Views
20

Purchase Details

Closed on
Jan 20, 2017
Sold by
Daggs James
Bought by
Gre Properties Ii Llc

Purchase Details

Closed on
Jul 30, 1999
Bought by
Aspen Racing & Sports Club Llc
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$17,000,000 Title Company Of The Rockies
Gre Properties Ii Llc -- None Available
Aspen Racing & Sports Club Llc $1,500,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $380,000
Previous Owner Aspen Racing And Sports Car Club Llc $250,000
Previous Owner Aspen Racing & Sports Car Club Llc $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/24/2026 06/24/26 Sold $17,000,000 -26.1% $12,967 / Sq Ft
06/19/2025 06/19/25 For Sale $23,000,000 -- $17,544 / Sq Ft
Source: Aspen Glenwood MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $14,773 $470,040 $405,000 $65,040
2024 $14,773 $508,390 $418,500 $89,890
2023 $14,593 $508,390 $418,500 $89,890
2022 $15,423 $488,530 $435,000 $53,530
2021 $14,951 $488,530 $435,000 $53,530
2020 $14,486 $472,320 $435,000 $37,320
2019 $14,486 $472,320 $435,000 $37,320
2018 $14,532 $472,320 $435,000 $37,320
2017 $12,616 $474,270 $435,000 $39,270
2016 $9,416 $347,010 $319,000 $28,010
2015 $9,357 $347,010 $319,000 $28,010
2014 $11,238 $407,250 $377,000 $30,250
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 188801

Aspen Glenwood MLS

APN: R003153

Your Personal Tour Guide

Ask me questions while you tour the home.