Erik Cavarra

Your Aspen Snowmass Real Estate Expert

(970) 618-9733
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Erik Cavarra Closes Large Estate Home in Red Mountain

January 2, 2021 by ecavarra Leave a Comment

Property Type: Residential N/A Address: 70 Pitkin Way, Aspen, CO 81611 Status: Closed Asking Price: $25,000,000
List Number: 167909
Type: Single Family Residence
Area: 01-Red Mountain
Major Area: Aspen
Sub/Loc: Red Mountain
County: Pitkin
Bedrooms: 6
Main Floor Master: Yes
Baths – Full: 8
Baths – Half: 1
Baths – 3/4: 0
Total Baths: 9
Bonus Room:  
Loft:  
Den:  
Garage: 2 Car
Furnished: Yes
Lot Size: 32,001 – 43,000
Acreage: Refer to Lot Size
   
Orig List Price Per/SF: 4,513.6
Lv Ht SqFt: 8,419
LvHtSqFt (Abv Grnd): 8,419
LvHtSqFt (Blw Grnd):  
Price/LvH SqFt: 2,969.47
Unfinished SqFt: 0
Total SqFt: 8,419
Pt/Dk SqFt:  
Garage SqFt: 912
Lot SqFt: 42,775.92
Nbr of Acres: 0.98
Year Built: 2021
Year Remodeled:  
Zoning: R-30
Levels: 2
Parcel #: 273501407001
Account #: R010631
Agency: Excl Right to Sell
Limited Service: No
Right of First Refusal:  
Seller Will Trade:  
Auction: No
Foreclosure: No
REO: No
Short Termable: Yes
Short Sale:  
Financing Remarks:  
Hot Sheet Comment: price
 
Pre-Fabricated Home: No
Type: Single Family Residence
ADU: No
Energy Star Rated:  
Green Built:  
HERS:  
HES (Home Energy Score):  
Indoor Air Plus:  
Leed for Homes:  
NAHB/NGBS-ICC 700:  
Special Assessments:  
Earnest $/%: 5%
Earnest $ Payable To: Pitkin County Title
Deeds: Special Warranty
Member Association: Aspen Association
HOA Dues Y/N: Yes
Association Fee: 5,000
Association Fee Frequency: Annually
HOA Transfer Fee: No
Total HOA Fee Per Year: 5,000
Payment Per:  
HOA Management Contact:  
Metro Tax District: No
Taxes: 82,886.6
Tax Year: 2020
Transfer Tax: Yes

Public Remarks: Sold before MLS.Directions: N. Mill Street drive .7 miles and take a left onto Willoughby Way. 05 miles take a left on Pitkin reserve. in 600 feet the home is on your left.

Addendum: Estimated completion date Summer 2021. Pre-completion list price of $25,000,000 and finished list price of $38,000,000.
Legal: Subdivision: PITKIN RESERVE Lot: 1 PLUS 1/6 INTEREST IN LOT 7
Construction: Frame; Stone

 

Cooling: Central A/C

 

Condition: New

 

Carport: None

 

Documents on File: CC & R’s; House Plans; Survey/ILC

 

Exterior: Stone Siding

 

Laundry Facility:

 
 

Electric: Yes

 

Extras: Cable TV; Elevator; Fence; Hot Tub/Spa; Landscaping; Lawn Sprinklers; Outdoor Hot Tub/Spa; Patio/Deck; Pool; Security System; Softener; Steam Shower

 

Fireplace: Gas; # Fireplaces: 3

 

Green Features:

Gas: Natural Gas

 

HOA Amenities:

 

HOA Fees Includes: Road Maintenance

 
 

Heating: Forced Air; Gas; Radiant; Solar

 
 

Location Amenities: Exposure, Southern; River Frontage; Trees; Views

 

Laundry Facility:

 

Mineral Rights: No

 

Miscellaneous: Under Construction: Yes

 

Parking Area: 2 Car

 

Possession: DOD

 

Inclusions: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stove Top; Washer; Window Coverings

Roof: Metal

 

Substructure: Walkout

 

Sanitation: Sewer

 

Substructure: Walkout

 

Style: Contemporary

 

Terms Offered: Cash

 
 
 

Water: City

 

Water Rights: No

 

Sign: Yes

 

Showing Instructions: Call Listing Office

Sold Price: $24,325,000
   
Sold Date: 12/22/2020
   
How Sold: Cash
Proposed Close Date: 12/22/2020
Days Under Contract: 43
Sold Price Per/SF: 2,889.3
Seller Concessions: No
   
DOM: 49 ADOM: 49 Listing Date: 11/03/2020
Seller’s Name on file   Under Contract Date 11/09/2020
TB%: 2.5 BB%: 2.5 Status Change Date: 12/22/2020
Original List Price: 38,000,000   Variable Comm: No
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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