UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 7,217 sqft
Price per Sqft $2,629
Subdivision Lazy O Ranch
MLS Listing ID 188795
Bedrooms 5
Full Baths 6
Half Baths 2
HOA Fees $23,560/ann
HOA Y/N Yes
Year Built 1995
Annual Tax Amount $24,419
Tax Year 2024
Lot Size 13.950 Acres
Acres 13.95
Property Sub-Type Single Family Residence
Source Aspen Glenwood MLS
Property Description
Two Parcels: Renovated Home on Lot 20 + Buildable Lot 19 | Close to Aspen & Basalt
A rare offering in the exclusive 22-property Lazy O Ranch, this elegant gentleman's ranch combines luxury living with outstanding investment potential. The property includes two legal parcels: a fully renovated 5-bedroom, 7.5-bath home on Lot 20 and a neighboring buildable lot (Lot 19), offering flexibility for future development, guest accommodations, or resale.
Just minutes from the vibrant amenities of Basalt and within easy reach of world-renowned Aspen, this property presents a compelling opportunity for both personal enjoyment and long-term value growth in one of Colorado's most desirable areas.
The home, renovated in 2020, features expansive, light-filled interiors, refined finishes, and seamless indoor-outdoor living. Highlights include a private outdoor spa, state-of-the-art outdoor kitchen, climate-controlled wine cellar, home theatre, and an attached 3-car garage.
Lazy O Ranch amenities enhance the lifestyle appeal and include a community barn, tennis + paddle courts, and miles of scenic equestrian and hiking trails.
Whether you're seeking a luxury retreat, a multi-generational compound, or a high-potential investment, this dual-parcel property offers unparalleled upside in a premier location.
Location
State CO
County Pitkin
Community Lazy O Ranch
Area Old Snowmass
Zoning Residential
Direction From Aspen head West on Hwy 82. Take left at Snowmass Creek Rd. (Old Snowmass Conoco Station). At the fork in the road take a right onto Capitol Creek Rd and then an immediate left onto Lazy O Rd. Aprox 2 miles from Lazy O entrance, the home will be on the left at the top of a long driveway.
Interior
Heating Radiant, Natural Gas
Cooling Central Air
Fireplaces Number 12
Fireplaces Type Gas, Wood Burning
Inclusions Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Range, Dishwasher
Fireplace Yes
Exterior
Garage Spaces 3.0
Utilities Available Propane
Roof Type Composition
Garage Yes
Building
Sewer Septic Tank
Water Community
Architectural Style Two Story
New Construction No
Others
Tax ID 264509101019
Acceptable Financing New Loan, Cash
Listing Terms New Loan, Cash
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