Two Creeks Home Lists for $4.875m

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Snowmass Village, Colorado:

Property Type: RES w/Improvments N/A

 Address: 1231 Two Creeks Drive Snowmass Village, CO 81615

 Status: Active

 Asking Price: $4,895,000

List Number: 136989
Type:

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

 Two Creeks
County: Pitkin
Bedrooms: 3
Baths:

 4
Baths – Half: 1
Baths – 3/4:

 0
Lot Size: Refer to Acreage
Acreage: 1 – 3
Garage: 2 Car
Furnished:

 Partial
List Price Per/SF:

 957.74
Lv Ht SqFt: 4,490
LvHtSqFt (Abv Grnd): 4,490
LvHtSqFt (Blw Grnd): 4,490
Unfinished SqFt: 621
Total SqFt: 5,111
Pt/Dk SqFt:
Garage SqFt: 770
Lot SqFt: 86,423
Nbr of Acres: 1.98
Year Built: 1997
Year Remodeled:
Zoning:

 PUD
Levels: 3
Short Termable: Yes
Account #: R014858
Parcel #: 273506305038
Indoor Air Plus: No
Pre-Fabricated Home: No
ADU:

 No
Leed for Homes:
HERS:
Taxes: 16,562
Tax Year: 2013
Transfer Tax: Yes
Short Sale:

 No
REO:

 No
Payment Per: Year
HOA Dues Y/N:

 Yes
HOA Dues:

 $1000.00
Earnest $/%:

 5%
Earnest $ Payable To: Land Title Guarantee, Aspen
Special Assessments:
Foreclosure:

 No
HOA Transfer Fee:

 No
Bedrooms Living Room Dining Room Kitchen Full Bath Half Bath Family Room Den/Study/Library Laundry/Utility Room
3/4 Bath
Main 0 1 1 1 0 0 0 1 0 1
Upper 1 0 0 0 1 0 0 0 0 0
Lower 2 0 0 0 2 1 0 1 1 0
Public Remarks: A private retreat tucked into the aspens at the top of Two Creeks. Contemporary architecture by Heidi Hoffman which cleverly mirrors the surrounding ridgelines and mountain peaks. Splendidly landscaped with wildflowers. Radiant floors, 2 fireplaces, elegant library, spa, and lots of light provided by clerestory and large picture windows. Beautiful decks and views east to the Continental Divide across the ski area. Ski access available via two adjacent private trails. Extremely quiet. Room to expand to 5500 sq ft, or more.
Directions: Owl Creek Road to Two Creeks Drive; proceed to the very top, aprx 1.1 miles; last home on the right at end of cul-de-sac
Addendum:
Legal: Lot 38, Parcel B-Two Creeks; East Village PUD; Pitkin County, Colorado
Construction: Frame

Exterior: Stone Siding; Wood Siding

Cooling: None

Condition: Excellent

Carport: None

Documents on File: CC & R’s; Financials; House Plans; Inventory; Radon Test; Survey/ILC

Disclosures:

Electric: Yes

Exclusions:

Extras: Cable TV; Outdoor Hot Tub/Spa; Patio/Deck; Steam Shower

Fireplace: Gas; Wood; # Fireplaces: 2

 Gas: Natural Gas

HOA Amenities: Pets Allowed/Owner

HOA Fees Includes: Road Maintenance

Heating: Gas; Hot Water; Radiant

Inclusions: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer

Location Amenities: Cul-de-Sac; Exposure, Southern; Gentle Topo; Ski In Access; Ski Out Access; Trees; Views

Laundry Facility: Room

Mineral Rights: No

Parking Area: 1 Car

Possession: DOD

Member Association: Aspen Association

 Roof: Metal

Substructure: Crawl Space

Sign: No

Showing Instructions: Call Listing Office; Vacant

Sanitation: Sewer

Style: Contemporary; Two Story

Terms Offered: Cash

Unit Faces: East; South

Water Rights: No

Water: City

Agency: Excl Right to Sell
Sold Price Per/SF:

 0
DOM: 3 ADOM: 3 Listing Date: 12/10/2014
Seller’s Name Charles E. Becker Trust dated February 6, 2007, and Joan L. Ullyot Revocable Trust dated February 6, 2007 Under Contract Date
TB%: 3 BB%: 3 Variable Comm: No
Original List Price: 4,895,000
Fallthrough Date: Flat Fee: No

Statistical Market Analysis: Active Two Creeks

Status # Listings List Volume Sold Volume List Price Sold Price Sale/List Price Total SqFt List Price Per Total SqFt Sold Price Per Total SqFt Days On Market
Active 7 60,590,000 0 Low
Avg
High		 4,895,000
8,655,714
9,950,000		 0
0
0		 0.00
0.00
0.00		 5,111
5,560
6,050		 957.74
1,553.60
1,854.97		 0.00
0.00
0.00		 3
817
1,633
Overall 7 60,590,000 0 Low
Avg
High		 4,895,000
8,655,714
9,950,000		 0
0
0		 0.00
0.00
0.00		 5,111
5,560
6,050		 957.74
1,553.60
1,854.97		 0.00
0.00
0.00		 3
817
1,633
CMA: Comparable Properties
  130620 132461  
 
 
160 E Fork Lane 
Snowmass Village CO		 940 Two Creeks Drive 
Snowmass Village CO		  
List Price $9,950,000 $5,950,000  
Original List Price $9,950,000 $6,495,000  
Sold Price $8,800,000 $5,700,000  
Status Sold Sold  
Status Date 11/14/2014 10/06/2014  
Days on Market 500 287  
       
Bedrooms 5 6  
Total SqFt 5,484 5,780  
Lot Size Refer to Acreage Refer to Acreage  
Nbr of Acres 2.70 2.05  
HOA Transfer Fee No No  
Year Built 2000 1997  
Seller Concessions No No  
Leed for Homes      
Price $8,800,000 $5,700,000  

 CMA: Statistical Summary

Price Analysis
Summary of Closed Listings
MLS # Address List Price DOM Sold Date Sold Price Total Adjustments Adjusted Price
132461 940 Two Creeks Drive, Snowmass Village CO $5,950,000 287 10/03/2014 $5,700,000 – $5,700,000
130620 160 E Fork Lane, Snowmass Village CO $9,950,000 500 11/13/2014 $8,800,000 – $8,800,000
Low, Average, Median, and High Comparisons
Closed Overall
Low $5,700,000 $5,700,000
Average $7,250,000 $7,250,000
Median $7,250,000 $7,250,000
High $8,800,000 $8,800,000
Overall Market Analysis (Unadjusted)
Status # List Vol. Avg. List Price Sold Vol. Avg. Sold Price Avg. Sale/List Price Avg. Total SqFt Avg. List $/Total SqFt Avg. Sold $/Total SqFt Avg. Dom
Closed 2 15,900,000 7,950,000 14,500,000 7,250,000 0.92 5,632 1,421.89 1,295.41 394
Overall 2 15,900,000 7,950,000 14,500,000 7,250,000 0.92 5,632 1,421.89 1,295.41 394

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Erik Cavarra

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