502 FARAWAY Road, Snowmass Village, CO 81615
$4,050,000
Property Type:
Residential
Bedrooms:
4
Baths:
2
Square Footage:
1,600
Lot Size (sq. ft.):
30,500
Status:
Closed
Current Price:
$4,050,000
List Date:
9/13/2024
Last Modified:
3/06/2025
Overview
Description
Listing Details MLS# 185449
Location Info
- Type
- Single Family Residence
- Major Area
- Snowmass Village
- Area
- 02-Snowmass Village
- Original List Price
- 4400000
- Asking Price
- 4400000
- Street #
- 502
- Street Name
- FARAWAY
- Street Suffix
- Road
- City/Town
- Snowmass Village
- State/Province
- CO
- Postal Code
- 81615
Keywords Info
- Total Baths
- 2
- Baths - Full
- 2
- Acreage
- 1 - 3
- Garage
- No
- Pre-Fabricated Home
- No
Listing Info
- New Construction
- No
- Seller/Owner is Licensed
- Yes
- REO
- No
- Member Association
- Aspen Association
- County
- Pitkin
General Info
- Sub/Loc
- Ridge Run
- Legal
- Ridge Run I, Lot 20
- Zoning
- SF
- Nbr of Acres
- 0.7
- Lot SqFt
- 30500
- Lv Ht SqFt
- 1600
- Total SqFt
- 1600
- Price/LvH SqFt
- 2750
- ud_i_02
- 2
- Main Floor Primary Bedroom
- Yes
- Year Built
- 1976
- Unit Faces
- North
- Parcel #
- 273506203011
- Directions
- from Brush Creek Rd turn onto Faraway Rd. House will be the 5th single family home on the left, just before Valley View Rd. It's hidden in the trees.
- Unfinished SqFt
- 0
Financing Info
- Metro Tax District
- No
- Taxes
- 5636
- Tax Year
- 2023
- Transfer Tax
- Yes
- HOA Dues Y/N
- Yes
- Association Fee
- 200
- Association Fee Frequency
- Annually
- Total HOA Fee Per Year
- 200
- HOA Transfer Fee
- Yes
- Special Assessments
- no
Status Change Info
- Under Contract Date
- 2025-01-04
- Proposed Close Date
- 2025-03-05
- Sold Date
- 2025-03-05
- Sold Price Per/SF
- 2531.25
- How Sold
- Cash
More Information
Remarks
- Public Remarks
- 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.
Fireplace
- # Fireplaces
- Yes
- Gas
- Yes
Laundry Facility
- Laundry Room
- Yes
Style
- Two Story
- Yes
Construction
- Frame
- Yes
Exterior
- Wood Siding
- Yes
Condition
- Poor
- Yes
Basement/Substructure
- Walk-Out Access
- Yes
Gas
- Natural Gas
- Yes
Parking Area
- None
- Yes
Roof
- Composition Shingles
- Yes
Water
- Public
- Yes
Carport
- 1 Car
- Yes
Sanitation
- Sewer
- Yes
Water Rights
- No
- Yes
Location Amenities
- Gentle Topo
- Yes
- Trees
- Yes
- Views
- Yes
Mineral Rights
- No
- Yes
Heating
- Baseboard
- Yes
- Natural Gas
- Yes
Documents on File
- Survey/ILC
- Yes
Disclosures
- Seller Lic RE Agent
- Yes
Terms Offered
- Cash
- Yes
Possession
- Negotiable
- Yes
Sign
- Yes
- Yes
Property Features
Laundry Facility:
Laundry Room
Style:
Two Story
Construction:
Frame
Exterior:
Wood Siding
Roof:
Composition Shingles
Condition:
Poor
Heating:
Baseboard; Natural Gas
Gas:
Natural Gas
Water:
Public
Sanitation:
Sewer
Carport:
1 Car
Parking Area:
None
Possession:
Negotiable
Terms Offered:
Cash
Disclosures:
Seller Lic RE Agent
Mineral Rights:
No
Water Rights:
No
Documents on File:
Survey/ILC
Location Amenities:
Gentle Topo; Trees; Views
Sign:
Yes
Documents
Listing Office:
Aspen Snowmass Sotheby's International Realty-Snowmass Village

Last Updated: March - 06 - 2025
Broker Attribution:
(970) 923-2006
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc.
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