$18,750,000
5387 Castle Creek Road
Aspen, CO 81611
MLS# 145229
Status: Closed
6 beds  |  5 baths  |  4343 sqft


5387 Castle Creek Road, Aspen, CO 81611
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Property Description
A chance to own a major part of North American skiing history, Aspen's first ski lodge. Highland Ranch, 83 gorgeous acres with stunning views and Castle Creek frontage with pond, is conveniently located only 10 minutes from downtown Aspen. Highland Ranch consists of the main house (original lodge), the bunk house, a two car garage, the caretaker unit, the original guest cabin, as well as a large barn and artist studio. Additional Building Opportunities on two different parts of the property. Truly a Once in a Lifetime opportunity to own an irreplaceable property with immeasurable historic value, and development potential. First time offered in over 60 years! The 83 acre ranch has been divided into 3 separate parcels... The Castle Creek Parcel, the Ranch Parcel, and the Mesa Parcel o The Castle Creek Parcel east of Castle Creek Road of approximately 22 acres has a Conservation Easement assuring Open Space and privacy to the Ranch and Mesa Parcels o The Ranch Parcel, 35 acres in size and includes historic Highland Bavarian Lodge, Bunk House, Cabin, CDU, open meadows with irrigated water rights bordering Castle Creek. In addition, there is a Building Right of 5,750 sq ft and a 750 sq ft garage Above Grade and up to 4,000 sq ft Below Grade, plus the right to add 783 sq ft to the original Highland Bavarian Lodge. o Offered for $11,875,000 (includes the Castle Creek and Ranch Parcel) o The Mesa Parcel... this stunning 23 acre parcel bordering Castle Creek & adjacent to the Ranch Parcel on the west and Conundrum Creek to the north has a Building Right of 10,750 sq ft for a Main House, 1,500 sq ft for an Accessory structure (heated livable) & 1,000 sq ft CDU. This site features treed privacy, a central open meadow, and incredible views of Five Fingers o Offered for $7,875,000 o All Three Parcels Offered for $18,750,000

Details
Maps
Documents
Location Info
Current Price: $15,000,000
Type: Agricultural
Right of First Refusal: No
Major Area: Aspen
Area: 01-West Aspen
Original List Price: 25000000
Asking Price: 18750000
Street #: 5387
Street Name: Castle Creek
Street Suffix: Road
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Keywords Info
Bedrooms: 6
Total Baths: 5
Baths - Full: 5
Lot Size: Refer to Acreage
Acreage: 35 - 100
Garage: 3 Car
Pre-Fabricated Home: No
Listing Info
Listing Date: 2015-12-22
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
County: Pitkin
ADU: Yes
General Info
Sub/Loc: Castle Creek
Legal: Lengthy metes and bounds. Please see documents.
Zoning: AR-10
Nbr of Acres: 83
Lot SqFt: 3615480
Lv Ht SqFt: 4343
Total SqFt: 4343
Price/LvH SqFt: 4317.29
Garage SqFt: 713
Levels: 1
Main Floor Master: Yes
Year Built: 1938
Year Remodeled: 2002
Parcel #: 291102100011
Directions: A little over 5 Miles up Castle Creek Road from the roundabout. Just past Conundrum Creek Road on the right.
Financing Info
Metro Tax District: No
Taxes: 11130.76
Tax Year: 2019
Transfer Tax: No
HOA Dues Y/N: No
HOA Transfer Fee: No
Status Change Info
Status: Closed
Under Contract Date: 2020-07-04
Proposed Close Date: 2020-08-10
Sold Date: 2020-08-10
Sold Price: $15,000,000
Sold Price Per/SF: 3453.83
How Sold: Cash
Remarks
Public Remarks: A chance to own a major part of North American skiing history, Aspen's first ski lodge. Highland Ranch, 83 gorgeous acres with stunning views and Castle Creek frontage with pond, is conveniently located only 10 minutes from downtown Aspen. Highland Ranch consists of the main house (original lodge), the bunk house, a two car garage, the caretaker unit, the original guest cabin, as well as a large barn and artist studio. Additional Building Opportunities on two different parts of the property. Truly a Once in a Lifetime opportunity to own an irreplaceable property with immeasurable historic value, and development potential. First time offered in over 60 years! The 83 acre ranch has been divided into 3 separate parcels... The Castle Creek Parcel, the Ranch Parcel, and the Mesa Parcel o The Castle Creek Parcel east of Castle Creek Road of approximately 22 acres has a Conservation Easement assuring Open Space and privacy to the Ranch and Mesa Parcels o The Ranch Parcel, 35 acres in size and includes historic Highland Bavarian Lodge, Bunk House, Cabin, CDU, open meadows with irrigated water rights bordering Castle Creek. In addition, there is a Building Right of 5,750 sq ft and a 750 sq ft garage Above Grade and up to 4,000 sq ft Below Grade, plus the right to add 783 sq ft to the original Highland Bavarian Lodge. o Offered for $11,875,000 (includes the Castle Creek and Ranch Parcel) o The Mesa Parcel... this stunning 23 acre parcel bordering Castle Creek & adjacent to the Ranch Parcel on the west and Conundrum Creek to the north has a Building Right of 10,750 sq ft for a Main House, 1,500 sq ft for an Accessory structure (heated livable) & 1,000 sq ft CDU. This site features treed privacy, a central open meadow, and incredible views of Five Fingers o Offered for $7,875,000 o All Three Parcels Offered for $18,750,000
Property Features
Supplements
The 83 acre ranch has been divided into 3 separate parcels... The Castle Creek Parcel, the Ranch Parcel, and the Mesa Parcel o The Castle Creek Parcel east of Castle Creek Road of approximately 22 acres has a Conservation Easement assuring Open Space and privacy to the Ranch and Mesa Parcels o The Ranch Parcel, 35 acres in size and includes historic Highland Bavarian Lodge, Bunk House, Cabin, CDU, open meadows with irrigated water rights bordering Castle Creek. In addition, there is a Building Right of 5,750 sq ft and a 750 sq ft garage Above Grade and up to 4,000 sq ft Below Grade, plus the right to add 783 sq ft to the original Highland Bavarian Lodge. o Offered for $11,875,000 (includes the Castle Creek and Ranch Parcel) o The Mesa Parcel... this stunning 23 acre parcel bordering Castle Creek & adjacent to the Ranch Parcel on the west and Conundrum Creek to the north has a Building Right of 10,750 sq ft for a Main House, 1,500 sq ft for an Accessory structure (heated livable) & 1,000 sq ft CDU. This site features treed privacy, a central open meadow, and incredible views of Five Fingers o Offered for $7,875,000 o All Three Parcels Offered for $18,750,000

Listing Office: Coldwell Banker Mason Morse-Aspen

Last Updated: January - 18 - 2023

5387 Castle Creek Road, Aspen, CO 81611 - MLS# 145229
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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