Erik Cavarra

Your Aspen Snowmass Real Estate Expert

(970) 618-9733
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1867 Faraway Road: Home goes under contract only 76 days on MLS

January 26, 2015 by ecavarra Leave a Comment

Snowmass Village, Colorado: Today, Erik Cavarra features a home that was on the market for only 76 days after a complete remodel and spec to flip.  The previous/existing home was purchased in 2013 for $2.395m and was re-marketed with new finishes and a remodel at $5.695m.  The owner is a real estate developer/builder in the Snowmass Village Area.  This home marks the (3rd) sale flip the developer has made in the last several months.

Property Type: RES w/Improvments N/A

Address: 1867 Faraway Snowmass Village, CO 81615

Status: Pending

Asking Price: $5,695,000

List Number: 136852
Type:

Single Family

Area: 02-Snowmass Village
Major Area: Snowmass Village
Sub/Loc:

Ridge Run

County: Pitkin
Bedrooms: 5
Baths:

5

Baths – Half: 2
Baths – 3/4:

0

Lot Size: Refer to Acreage
Acreage: Refer to Lot Size
Garage: 2 Car
Furnished:

Partial

List Price Per/SF:

1,020.98

Lv Ht SqFt: 5,578
LvHtSqFt (Abv Grnd): 5,578
LvHtSqFt (Blw Grnd):
Unfinished SqFt: 0
Total SqFt: 5,578
Pt/Dk SqFt:
Garage SqFt: 683
Lot SqFt: 42,253
Nbr of Acres: 0.97
Year Built: 1982
Year Remodeled: 2014
Zoning:

Levels: 3
Short Termable:
Account #: R001790
Parcel #: 273301403035
Indoor Air Plus:
Pre-Fabricated Home: No
ADU:

No

Leed for Homes:
HERS:
Taxes: 10,770
Tax Year: 2013
Transfer Tax: Yes
Short Sale:

No

REO:

No

Payment Per: Year
HOA Dues Y/N:

Yes

HOA Dues:

$75

Earnest $/%:

5%

Earnest $ Payable To: TBD Title Company
Special Assessments:
Foreclosure:

No

HOA Transfer Fee:

Yes

Bedrooms Living Room Dining Room Kitchen Full Bath Half Bath Family Room Den/Study/Library Laundry/Utility Room
3/4 Bath
Public Remarks: This mountain contemporary masterpiece offers 5578 sq. ft. of modern design and views on .97 acres with 5 bedrooms all in suite and 2 half baths. The home is fully furnished by Cather’s Home. The building materials bring in warmth and sophistication and include wire brushed white oak floors, rift and quartered custom made cabinetry, Ceasarstone counter tops, double Wolf ovens and range, Sub-Zero refrigerator and two Bosch dishwashers. The Master Suite is perched above on the top floor. It has a sitting area with fireplace and an office. As with the rest of the house the Master Bedroom has commanding views. Three guest suites below have king beds and the fourth is a bunk room. All the bedrooms are above grade and all have beautiful views. The recreation room offers a full wet bar and large More…

Directions: Brush Creek Road to Faraway Road. Take the Upper Loop and the house is on the right.
Addendum:
Legal: Subdivision: RIDGE RUN UNIT 3 Lot: 38

Construction: Frame

Exterior: Stone Siding; Wood Siding

Cooling: Central A/C

Condition: New

Carport:

Documents on File: House Plans; Inventory; Soils Test; Survey/ILC

Disclosures: Seller Lic RE Agent

Electric: Yes

Exclusions:

Extras: Cable TV; Hot Tub/Spa; Landscaping; Lawn Sprinklers; Outdoor Hot Tub/Spa; Patio/Deck; Security System

Fireplace: Gas; Wood; # Fireplaces: 3

Gas: Natural Gas

HOA Amenities:

HOA Fees Includes:

Heating: Forced Air; Radiant

Inclusions: Dishwasher; Dryer; Freezer; Microwave; Range; Refrigerator; See Remarks; Washer

Location Amenities: Gentle Topo; Ski In Access; Ski Out Access; Trees; Views

Laundry Facility: Room

Mineral Rights: No

Parking Area: 2 Car

Possession: DOD

Member Association: Aspen Association

Roof: Shake

Substructure: Finished Basement; Walkout

Sign: Yes

Showing Instructions: Call Listing Office; Short Notice; Vacant

Sanitation: Sewer

Style: Contemporary

Terms Offered: Cash; New Loan

Unit Faces: North; West

Water Rights: No

Water: City

Agency: Excl Right to Sell

Contingent: Inspection
Proposed Close Date: 01/29/2015
Sold Price Per/SF:

0

DOM: 76 ADOM: 76 Listing Date: 11/11/2014

Seller’s Name 1867 FARAWAY LLC Under Contract Date 01/25/2015
TB%: 3 BB%: 3 Variable Comm: No
Original List Price:5,695,000

Fallthrough Date: Flat Fee: No

Filed Under: Aspen Skiing Company, Market Reports, Real Estate News, Snowmass Club

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Erik Cavarra

Erik Cavarra

Your Aspen Snowmass Real Estate Expert
(970) 923-0817 Office
(970) 618-9733 Cell
Contact Erik
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