REDEVELOPMENT OPPORTUNITY: A true gem! This property is situated in the lower portion of Ridge Run yet high enough to enjoy great views of the surrounding mountains. Quick access to skiing and the Village Center. Shuttle bus/school bus nearby. Gently sloping lot affording a two-story home entering on the main level with living room, kitchen, dining, and primary suite. Then a lower level walk out with family room and extra bedrooms. Lots of space for outdoor decks/patio and yard. Tons of vegetation and trees for extraordinary privacy. FAR 4,000 ft. plus 15% bonus and 10% via an excise tax. Existing house could be rented while you design and build your dream home.
Sold for $4,050,000 on 03/05/25
$4,050,000
502 Faraway Rd, Snowmass Village, CO 81615
4beds
1,600sqft
Single Family Residence
Built in 1976
0.7 Acres Lot
$3,677,100 Zestimate®
$2,531/sqft
$6,453 Estimated rent
Home value
$3,677,100
$2.98M - $4.52M
$6,453/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 06, 2025 at 11:59am
Listed by:
Larry Jones (970)923-2006,
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Bought with:
Garrett Reuss, FA40005762
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Source: AGSMLS,MLS#: 185449
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Baseboard
Appliances
- Laundry: Inside
Features
- Basement: Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Stories: 2
Lot
- Size: 0.70 Acres
Details
- Parcel number: 273506203011
- Zoning: SF
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Frame
- Roof: Composition
Condition
- Poor
- New construction: No
- Year built: 1976
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Available
Community & neighborhood
Location
- Region: Snowmass Village
- Subdivision: Ridge Run
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $200 annually
- Services included: Sewer
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2025 | Sold | $4,050,000-8%$2,531/sqft |
Source: AGSMLS #185449 Report a problem | ||
| 1/8/2025 | Contingent | $4,400,000$2,750/sqft |
Source: AGSMLS #185449 Report a problem | ||
| 9/13/2024 | Listed for sale | $4,400,000$2,750/sqft |
Source: AGSMLS #185449 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,218 +10.3% | $136,660 -8.2% |
| 2024 | $5,637 +43.1% | $148,870 -0.3% |
| 2023 | $3,940 -1.7% | $149,300 +77% |
Find assessor info on the county website
Neighborhood: 81615
Nearby schools
GreatSchools rating
- 5/10Aspen Middle SchoolGrades: 5-8Distance: 4.8 mi
- 9/10Aspen High SchoolGrades: 9-12Distance: 4.8 mi
- 8/10Aspen Elementary SchoolGrades: PK-4Distance: 4.8 mi