Erik Cavarra

Your Aspen Snowmass Real Estate Expert

(970) 618-9733
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Erik Cavarra Sells High Aspen Ranch for Record Sales Price

October 3, 2020 by ecavarra Leave a Comment

Who would have thought that a home Located within Glenwood Springs, Colorado could sell for over $4.5m? Well, Erik Cavarra, Managing Broker and Partner for Engel Volkers just did it!  Cavarra completed the sales transaction for this 10,908 square foot home in record time. Having been on the market for several years prior, Cavarra listed the home for sale, and completed the transaction within 6 months! Take a look at this beautiful property!

Property Type: Residential N/A Address: 1061 Overlook Drive, Glenwood Springs, CO 81601 Status: Closed Asking Price: $5,750,000
List Number: 161130
Type: Single Family Residence
Sub-Type:

 
N/A
Area: 06-Missouri Heights
Major Area: Missouri Heights
Sub/Loc: High Aspen Ranch
County: Garfield
Bedrooms: 6
Main Floor Master: Yes
Loft:  
Den:  
Bonus Room:  
Full Baths: 6
Baths – Half: 3
Baths – 3/4: 0
Total Baths: 9
Lot Size: Unknown
Acreage: 35 – 100
Expire Date:

 
08/28/2020
Orig List Price Per/SF:

 
527.14
Lv Ht SqFt: 10,908
LvHtSqFt (Abv Grnd):  
LvHtSqFt (Blw Grnd):  
Price/LvH SqFt: 527.14
Unfinished SqFt: 0
Total SqFt: 10,908
Pt/Dk SqFt:  
Garage SqFt:  
Lot SqFt: 1,568,160
Nbr of Acres: 36
Year Built: 2007
Year Remodeled:  
Zoning: residential
Garage: 4+ Car
Furnished: Partial
   
Levels: 2
Short Termable: Yes
Account #: R006990
Parcel #: 218726104024
Indoor Air Plus:  
Pre-Fabricated Home: No
ADU: No
Deeds: Special Warranty
Leed for Homes:  
HERS:  
Taxes: 16,754.4
Tax Year: 2018
Transfer Tax: No
Metro Tax District: No
Short Sale: No
REO: No
   
HOA Dues Y/N: Yes
Association Fee:

 
7,064
Association Fee Frequency: Annually
Total HOA Fee Per Year: 7,064
Earnest $/%: 5%
Earnest $ Payable To: Title Company of the Rockies Aspen
Special Assessments:  
Foreclosure: No
HOA Transfer Fee: No
 
Public Remarks: This custom built home enjoys breathtaking views from Aspen to Vail and front and center views of Mt. Sopris. A spectacular setting, with abundance of privacy, wildlife and a ranch setting makes this 36 acre home a complete masterpiece. The home embodies craftsmanship, detail, and generous spaces throughout. Perfect for the family compound, or a corporate retreat. Six bedrooms, six full baths, three powder rooms and handcrafted Cypress trees throughout the home with abundant entertaining spaces and a great room that boasts endless views with a double sided fireplace. A Full finished walk out basement includes a l000 bottle wine room, media room office, full bar and billiards table, with access to the hot tub. A large 3000 sf deck that makes for endless nights and views.
Directions: Turn North onto County Road 100 from Hwy 82, follow C.R. 100 to C.R. ‘s 100 & 113. Stay to Right at intersection. Go to intersection of 113 & 121, turn onto 121, turn left on CR 115; take 115 to entrance of High Aspen Ranch.
Addendum:
Legal: Section: 26, Township: 6, Range: 88, Subdivision: High Aspen Ranch
Construction: Frame

 

Exterior: Stone Siding; Wood Siding

 

Cooling: A/C

 

Condition: Excellent; Good

 

Carport:

 

Documents on File: CC & R’s; Financials; Leases

 

Disclosures:

 

Electric: Yes

 

Energy Efficiency:

 

Exclusions:

 

Extras: Elevator; Indoor Jetted Tub; Landscaping; Lawn Sprinklers; Outdoor Hot Tub/Spa; Patio/Deck; Security System; Steam Shower

 

Fireplace: Gas; Wood

Gas: Propane

 

HOA Amenities: Club House; On-Site Management; Pets Allowed/Owner

 

HOA Fees Includes: Grounds Maintenance; Road Maintenance; Snow Removal; Trash Removal

 

Heating: Forced Air; Radiant

 

Inclusions: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator

 

Indoor Air Quality:

 

Location Amenities: Exposure, Southern; Rolling Topo; Trees; Views

 

Laundry Facility: Area

 

Mineral Rights: No

 

Parking Area:

 

Possession: DOD; Subject to Lease

 

Member Association: Aspen Association

Roof: Other

 

Substructure: Finished Basement

 

Sign: Yes

 

Showing Instructions: Call Listing Office

 

Sanitation: Septic

 

Style: Ranch; Two Story; Other

 

Sustainable Material:

 

Terms Offered: Cash; New Loan

 

Unit Faces:

 

Water Rights: No

 

Water: Well – Household

 

Agency: Excl Right to Sell

 
 
 
 
Sold Price: $4,575,000
   
Sold Date: 09/21/2020
   
How Sold: Cash
Proposed Close Date: 08/20/2020
Days Under Contract: 50
Sold Price Per/SF: 419.42
Seller Concessions: No
   
DOM: 388 ADOM: 388 Listing Date: 08/30/2019
Seller’s Name Crossland Expire Date: 08/28/2020 Under Contract Date 08/02/2020
TB%: 3 BB%: 3 Variable Comm: No
Original List Price: 5,750,000    
Fallthrough Date: Flat Fee: No  
 

 

 

 
LA: Erik Anthony Cavarra ER40040220 ENGEL & VOLKERS Snowmass 970-923-5600 970-618-9733 erik.cavarra@evusa.com

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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