2318 Lazy O Rd

$18,975,000
Price
5
Beds
7,217 Sq. Ft.
$2,629 / Sq. Ft.
7,217
Sq. Ft.
$2,629
per Sq. Ft.

Description

Exceptional Investment Opportunity in Prestigious Lazy O Ranch
Two Parcels: Renovated Home on Lot 20 + Buildable Lot 19 | Close to Aspen & Basalt
A rare offering in the exclusive 22-property Lazy O Ranch, this elegant gentleman's ranch combines luxury living with outstanding investment potential. The property includes two legal parcels: a fully renovated 5-bedroom, 7.5-bath home on Lot 20 and a neighboring buildable lot (Lot 19), offering flexibility for future development, guest accommodations, or
...Exceptional Investment Opportunity in Prestigious Lazy O Ranch
Two Parcels: Renovated Home on Lot 20 + Buildable Lot 19 | Close to Aspen & Basalt

A rare offering in the exclusive 22-property Lazy O Ranch, this elegant gentleman's ranch combines luxury living with outstanding investment potential. The property includes two legal parcels: a fully renovated 5-bedroom, 7.5-bath home on Lot 20 and a neighboring buildable lot (Lot 19), offering flexibility for future development, guest accommodations, or resale.

Just minutes from the vibrant amenities of Basalt and within easy reach of world-renowned Aspen, this property presents a compelling opportunity for both personal enjoyment and long-term value growth in one of Colorado's most desirable areas.

The home, renovated in 2020, features expansive, light-filled interiors, refined finishes, and seamless indoor-outdoor living. Highlights include a private outdoor spa, state-of-the-art outdoor kitchen, climate-controlled wine cellar, home theatre, and an attached 3-car garage.

Lazy O Ranch amenities enhance the lifestyle appeal and include a community barn, tennis + paddle courts, and miles of scenic equestrian and hiking trails.

Whether you're seeking a luxury retreat, a multi-generational compound, or a high-potential investment, this dual-parcel property offers unparalleled upside in a premier location.

Listing Agent

  1. Michell Danel

    Michell Danel

    Listing Agent

    Compass

    michell.danel@compass.com

    P: (970)-452-7327

Property Details for 2318 Lazy O Road

Garage
Yes
Furnished
Partially
Fireplace: # Fireplaces
12
Sub/Loc
Lazy O Ranch
LISTING UPDATED: 10/27/2025 12:21 PM

Property Details for 2318 Lazy O Road

StatusActive
MLS #188795
Days on Market247
Taxes$24,419 / year
HOA Fees$23,560 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1995
Lot Size13.95 AC / 607,662 SF
CountyPitkin County
Add your commute

Building Information for 2318 Lazy O Road

Stories-Year Built1995Building Size-Lot Size13.95 AC / 607,662 SF

Payment Calculator

$97,761 per month

30 year fixed, 6.28% Interest

Principal and Interest

$93,762

Property Taxes

$2,035

HOA Dues

$1,963

The Payment Calculator is for illustrative purposes only.

Property Information for 2318 Lazy O Road

General Information
Location Details
  • Directions: From Aspen head West on Hwy 82. Take left at Snowmass Creek Rd. (Old Snowmass Conoco Station). At the fork in the road take a right onto Capitol Creek Rd and then an immediate left onto Lazy O Rd. Aprox 2 miles from Lazy O entrance, the home will be on the left at the top of a long driveway.
Key Details
  • Acreage: 11 - 20
  • Room Total: 0
General Details
  • Under Construction: No
  • Parcel #: 264509101019
  • Lv Ht SqFt: 7,217.00
  • Zoning: Residential
  • Total SqFt: 7,217.00
  • Lot Size Area: 13.95
  • Unfinished SqFt: .00
  • General Info: Year Remodeled: 2020.0
Feature Details
Feature Details
  • Water Source: Community
  • Association Fee Includes: Management, Water, Snow Removal, Maintenance Grounds
  • Payment Per: Annually
  • Roof: Composition
  • Roof: Composition Shingles: Yes
  • Exclusions: All Art, Antique Desk in Primary, Wine
  • Gas: Yes
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Range, Dishwasher
  • Cooling: Central Air
  • Fireplace Features: Gas, Wood Burning
  • Heating: Radiant, Natural Gas
  • Laundry Features: Inside
  • HOA Dues: $23,560
  • Condition: Excellent
  • Cooling: Yes
  • Garage Spaces: 3.00
  • Heating: Yes
  • Fireplace Y N: Yes
  • Construction: Frame: Yes
  • Exterior: Stone Siding: Yes
  • Condition: Excellent: Yes
  • Gas: Natural Gas: Yes
  • Gas: Propane: Yes
  • Sanitation: Septic: Yes
  • Water Rights: No: Yes
  • Extras: Barn or Corral: Yes
  • Extras: Lawn Sprinklers: Yes
  • Extras: Outdoor Hot Tub/Spa: Yes
  • Extras: Patio/Deck: Yes
  • Extras: Softener: Yes
  • Fireplace: # Fireplaces: 12
  • Location Amenities: Horse Property: Yes
  • Location Amenities: Rolling Topo: Yes
  • Location Amenities: Trees: Yes
  • Location Amenities: Views: Yes
  • Mineral Rights: No: Yes
  • Substructure: Garden Level: Yes
Listing / Finance Information
Listing Information
  • Occupant Type: Owner
  • Pre-Fabricated Home: No
  • Listing Info: Short Sale: No
  • Listing Info: REO: No
  • Listing Info: Auction: No
  • Listing Info: New Construction: No
Financial Information
  • Tax Year: 2024
  • Metro Tax District: Yes
  • Keywords Info: Total HOA Fee Per Year: $23,560.00
  • Financing Info: Metro Tax District: No
  • Financing Info: Transfer Tax: Yes
  • Financing Info: HOA Transfer Fee: No
  • Financing Info: Seller Will Trade: No
  • HOA Fees Includes: Grounds Maintenance: Yes
  • HOA Fees Includes: Management: Yes
  • HOA Fees Includes: Road Maintenance: Yes
  • HOA Fees Includes: Snow Removal: Yes
  • HOA Fees Includes: Water: Yes

Property History for 2318 Lazy O Road

DateEvent & SourcePriceAppreciation
Apr 6, 2025

Listed (Active)

Aspen Glenwood MLS #188795

$18,975,000—
Nov 1, 2022

Sold (Public Record)

Public Record #1500559278

$3,000,000

+30.1% / yr

Jan 6, 2017

Sold (Public Record)

Public Record #587030311

$650,000

-1.9% / yr

Apr 7, 2006

Sold (Public Record)

Public Record #421625493

$800,000—
DateEvent & SourcePrice
04/06/2025

Listed (Active)

Aspen Glenwood MLS #188795

$18,975,000
11/01/2022

Sold (Public Record)

Public Record #1500559278

$3,000,000

+30.1% / yr

01/06/2017

Sold (Public Record)

Public Record #587030311

$650,000

-1.9% / yr

04/07/2006

Sold (Public Record)

Public Record #421625493

$800,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2318 Lazy O Road

Taxable ValueLand$223,200Additions$105,020Total$328,220
Tax Record2024$25,792 ($2,149 / month)
Home Facts
Beds0Total Finished SqFt278 SqFtAbove Grade Finished SqFt278 SqFtLot Size302,742 SqFtStyleResidentialYear Built2018CountyPITKINAPN264509101019

Schools near 2318 Lazy O Road

This home is within Roaring Fork School District No. Re-1.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Public - 9 to 12
Rating
School
Distance
Basalt Middle School
Public5 to 8

Basalt High School
Public9 to 12

Basalt Elementary School
PublicPK to 4

Roaring Fork High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2318 Lazy O Road is a single family home for sale in Snowmass, CO 81654. This property was listed for sale on April 7, 2025 by Compass, it's currently listed at $18,975,000. It has been on the market for a total of 247 days and was last sold on November 1, 2022. This listing's school district is Roaring Fork School District No. Re-1. Nearby schools include Basalt Middle School, Basalt High School and Basalt Elementary School. 2318 Lazy O Road is a 5-bed, 8-bath, 7,217 sqft single family home built in 1995.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 04/06/2025 06:00 PM through 12/20/2025 12:57 PM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/27/2025 12:21 PM