700 Nell Erickson
Aspen, CO 81611

$17,950,000

Beds: 7
Baths: 5 | 1
Sq. Ft.: 6,802
Type: Single Family Home
Listing #145383
THE LARGEST, MOST PRIVATE LOT CURRENTLY LISTED ON RED MOUNTAIN: A History of Beauty: Live where the families who founded Aspen have lived and chosen to call home since the late 19th century. Entrepreneurs Elizabeth and Walter Paepcke, co-founders of modern-day Aspen and the Aspen Institute, were among the few who have treasured the privacy of this exquisite land. These twelve acres boast unrivaled vistas South and Southwest from Independence Pass to Mount Sopris. The 6,400+- square foot home made from wood, stucco, metal, and glass is set at the base of Aspen's Red Mountain. The contemporary design of the elongated residence is perfectly positioned and designed to pull in the astounding panorama to combine nature and living in one. Designed by award winning architect Harry Teague, whose projects also include Harris Hall and the Benedict Music Tent, this7 bedroom, 5 and one half bath home lives incredibly efficiently, with a majority of the entertaining and living areas on the main level. Banks of voluminous two-story windows flank the living room while all seven bedrooms are above grade and each create their own feel and distinct view of nature. The beaver and trout ponds, the elk habitat, the natural springs, the tranquil stream, and the Aspen and Spruce forests all located throughout the property create an eternal state of tranquility. In addition to the 12 acre lot, the backyard consists of an additional 50 acre meadow shared with three neighboring parcels; coupled with the diverse terrain of the neighboring Hunter Creek Valley, this environment provides ideal trails for hiking, biking, horseback riding, and unbridled exploration. Also included on the property are two shared amenities: A horse/barn facility, and a recently remodeled Ranch Manager's quarters reminiscent of old Aspen Pioneer Days. Senior water rights help irrigate the entire ranch, which along with the other three lots, makes up over 100 acres of Red Mountain. A quick ride down the mountain and you are in the heart of Aspen. *There is 7,500 SF of FAR allowed on this lot which means an additional 1419 SF above grade floor area could still be developed which someone could add onto the existing house, build a guest house or add a barn. The garage can also be expanded to 750 SF or an increase of an additional 179 SF. In addition this site is a TDR receiver site and 4,000 SF of basement space could be added with the purchase of two TDRs making the house approximately 11,500 SF.
Property Features
Location Information
County: Pitkin
Major Area: 01-Red Mountain
Latitude: 39.211633
Longitude: -106.835128
Minor Area: Aspen
Subdivision: Erickson Ranch
Directions: Heading East on Main Street in Aspen take a left on N. Mill Street up red mountain=, next take a left on Draw Drive. Continue to Nell Erickson Road and follow that to 700 Nell Erickson on the left
Interior Features
Full Baths: 5
1/2 Baths: 1
Number of Fireplaces: 2
Heating: Forced Air, Gas, Radiant, Solar
Laundry: Area
Exterior Features
Style: Contemporary
Construction: Concrete Block, Frame, Other, Stone
Siding: Metal, Stucco, Wood Siding
Roof: Membrane, Metal
Possession: DOD
Sanitation: Sewer
Water: Well - Household
Electric: Yes
Gas: Natural Gas
Garage Spaces: 2
Is a Horse Property: yes
Location Amenities: Borders Public Land, Corner Lot, Exposure, Southern, Gentle Topo, Horse Property, Pond, Stream, Lake, Rolling Topo, Trees, Views
Lot Size in Acres: 11.79
Condition: Excellent
Documents Available: CC & R's, Financials, House Plans, Survey/ILC
Mineral Rights: No
Water Rights: Yes
Energy Features: Passive Solar Design, Solar Hot Water, Solar PV
Additional Information
Property Type: SFR
Property SubType: Single Family Residence
Year Built: 2002
Status: Active
HOA Fee: 27, 000
HOA Frequency: Year
HOA Fees Includes: Insurance, Management, Road Maintenance, Snow Removal, Trash Removal, Water
Tax Year: 2016
Tax Amount: 16, 896.3
Inclusions: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener, Window Coverings
Extras: Barn or Corral, Cable TV, Fence, Guest/Caretaker Qtrs, Hot Tub/Spa, Indoor Jetted Tub, Landscaping, Lawn Sprinklers, Outdoor Hot Tub/Spa, Patio/Deck, Security System, Softener, Steam Shower
Garage Description: 2 Car


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
Aspen Associates Realty
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AGSMLS data last updated at August 20, 2017 5:19 PM MT

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