150 White Horse Springs Lane, Aspen, CO 81611

$5,400,000
Property Type: RES Vacant Land Lot Size (sq. ft.): 250,470 Status: Closed
Current Price: $5,400,000 List Date: 7/16/2018 Last Modified: 9/04/2024

Overview

Description

****This Contract is subject to overbid and auction. Seller is accepting competing offers/bids. The acceptable offer form is available upon request. All contingencies must be removed, and Earnest Money must be deposited to Land Title Company by August 22nd at 5:00pm MT in ordered to be considered as a Competing Bid in the auction. At auction Seller's counsel shall then solicit higher or otherwise better bids above the Starting Auction Bid from all parties, beginning with Buyer of the initial contract. Auction will occur on or before August 29, 2018.Development opportunity in White Horse Springs! Currently a framed structure is in place with remodeled house plans by KADesignworks. Janckila Construction was working on demo/remodel before pause due to bankruptcy. Excellent investment opportunity and priced to sell. Existing home is approx 8,000 sqft with plans and TDR (included in list price) to become a 10,000+ sqft home. Floor plans of future development/remodel available upon r ...

Supplements: Development opportunity in White Horse Springs! Currently a framed structure is in place with remodeled house plans by KADesignworks. Janckila Construction was working on demo/remodel before pause due to bankruptcy. Excellent investment opportunity and priced to sell. Existing home is approx 8,000 sqft with plans and TDR (included in list price) to ...

Listing Details MLS# 153858

Location Info

Type
Single Family Lot
Sub-Type
N/A
Major Area
Aspen
Area
01-McLain Flats
Original List Price
6500000
Asking Price
6500000
Street #
150
Street Name
White Horse Springs
Street Suffix
Lane
City/Town
Aspen
State/Province
CO
Postal Code
81611

Keywords Info

Acreage
5.1 - 10

Listing Info

Short Sale
No
REO
No
Member Association
Aspen Association

General Info

List Price Per/Acre
1130434
Sold Price Per/Acre
939130
Sub/Loc
White Horse Springs
Legal
Subdivision: WHITE HORSE SPRINGS Block: 2 Lot:5 Section:34 Township:9 Range:85 TRACT OF LAND CONT 5.75AC
Lot SqFt
250470
Nbr of Acres
5.75
County
Pitkin
Zoning
Residential
FAR
Yes
Sold Price Per/SF
21.56
Orig List Price Per/SF
25.95
Parcel #
264334100001
Directions
From Aspen, take McLain Flats Road to White Horse Springs Lane (just after the turn for Starwood on right). House is the first driveway on the left.
Asking Price Per/SF
25.95

Financing Info

Metro Tax District
Yes
Taxes
14016
Tax Year
2017
Transfer Tax
No
HOA Dues Y/N
Yes

Status Change Info

Under Contract Date
2018-07-25
Proposed Close Date
2018-09-30
Sold Date
2018-09-28
How Sold
Cash

More Information

Remarks

Public Remarks
****This Contract is subject to overbid and auction. Seller is accepting competing offers/bids. The acceptable offer form is available upon request. All contingencies must be removed, and Earnest Money must be deposited to Land Title Company by August 22nd at 5:00pm MT in ordered to be considered as a Competing Bid in the auction. At auction Seller's counsel shall then solicit higher or otherwise better bids above the Starting Auction Bid from all parties, beginning with Buyer of the initial contract. Auction will occur on or before August 29, 2018.Development opportunity in White Horse Springs! Currently a framed structure is in place with remodeled house plans by KADesignworks. Janckila Construction was working on demo/remodel before pause due to bankruptcy. Excellent investment opportunity and priced to sell. Existing home is approx 8,000 sqft with plans and TDR (included in list price) to become a 10,000+ sqft home. Floor plans of future development/remodel available upon request. *Seller has informed Listing Broker and Brokerage Firm of Seller's existing Bankruptcy situation, which creates both a need to sell the Property, and additional time in accomplishing a Sale (including the need to obtain the agreement of the Bankruptcy Court in satisfaction of Seller's existing obligations).

Possible Use

Single Family
Yes

Lot Description

View
Yes

Access

Paved
Yes

Gas

Natural Gas
Yes

Water

Other
Yes

Sanitation

Septic
Yes

Mineral Rights

No
Yes

Documents on File

Survey
Yes
Other
Yes

Disclosures

Other
Yes

Terms Offered

Cash
Yes
New Loan
Yes

Possession

DOD
Yes

Showing Instructions

Call Listing Office
Yes
Vacant
Yes

Sign

Yes
Yes

Property Features

Possible Use: Single Family Lot Description: View Gas: Natural Gas Water: Other Sanitation: Septic Mineral Rights: No Documents on File: Survey; Other Disclosures: Other Terms Offered: Cash; New Loan Possession: DOD Showing Instructions: Call Listing Office; Vacant Access: Paved Sign: Yes
IDX
Listing Office: Aspen Snowmass Sotheby's International Realty-Basalt
Source MLS Verified
Last Updated: September - 04 - 2024
Broker Attribution: (970) 927-8080

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