Experience the pinnacle of Woody Creek. This incredible 12,191 square-foot home features fine finishes and custom craftsmanship, accented by contemporary décor. Located at the top of Aspen Valley Downs, this elegant mountain estate is comprised of six bedrooms, six full and two half bathrooms in a truly sensible floor plan. Throughout the home, wall-to-wall and floor-to-ceiling windows and soaring ceilings perfectly frame the silhouettes of the Elk Mountain range spanning from Independence Pass to Mount Sopris, including all four ski resorts and spectacular 14,000-foot Capitol Peak. Situated 15 minutes from Aspen, this private 17+ acre property includes a creek accented with waterfalls, a private pond, mature trees, lush landscaping and gently rolling pastures bordered by protected public lands.
The interior features walls and arches inlaid with stone, hardwood floors, ceilings dramatically accented with dark wood beams and the inviting warmth of seven fireplaces. Vast living and dining areas are complemented by a stately media room complete with a full wet bar, pool table and big screen TV. A dream kitchen that comfortably accommodates two ovens, two refrigerators and two dishwashers is perfectly suited for entertaining. The master suite includes an office, workout room, large walk-in closet, fireplace, direct access to the household's elevator, a coffee bar and mini fridge plus an adjoining master bathroom complete with its own fireplace, steam shower and soaking tub. Each guest suite has an en-suite bathroom with its own private deck or walk-out patio with all fully above grade space. The property's three-car garage provides private access to a one-bedroom apartment/caretaker's quarters complete with a full kitchen plus washer and dryer.
120 Running Mare is a beautiful and classic Robert Trown home. One of the last of its kind, new home size restrictions ensure that this 12,000+ sf sanctuary is a rare ownership opportunity in the Aspen area. The home was built with incredible integrity and has been recently refurbished with contemporary finishes and critical maintenance updates that have wholistically improved the home including a new roof, windows, wood floors and most operating systems. This one of a kind mountain escape offers a unique opportunity to own authentic mountain living just 15 minutes from Aspen.
For sale
$33,750,000
120 Running Mare Rd, Woody Creek, CO 81656
6beds
12,191sqft
Single Family Residence
Built in 2001
17.79 Acres Lot
$31,573,600 Zestimate®
$2,768/sqft
$667/mo HOA
What's special
- 17 days |
- 713 |
- 41 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
The Shea Team - Layne and Michael Shea (970)925-6060,
Aspen Snowmass Sotheby's International Realty - Hyman Mall,
Layne Shea 970-379-4781,
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Source: AGSMLS,MLS#: 193329
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Heating
- Radiant, Natural Gas
Cooling
- A/C
Appliances
- Laundry: Inside
Features
- Elevator
- Number of fireplaces: 7
Interior area
- Total structure area: 12,191
- Total interior livable area: 12,191 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Lot
- Size: 17.79 Acres
- Features: Landscaped
Details
- Parcel number: 264304401001
- Zoning: RS-20
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Other, Stone, Frame
- Roof: Shake
Condition
- Excellent
- New construction: No
- Year built: 2001
Utilities & green energy
- Water: Public, Well
- Utilities for property: Propane
Community & HOA
Community
- Security: Security System
- Subdivision: Aspen Valley Downs
HOA
- Has HOA: Yes
- Services included: Insurance, Snow Removal, Maintenance Grounds
- HOA fee: $8,000 annually
Location
- Region: Woody Creek
Financial & listing details
- Price per square foot: $2,768/sqft
- Tax assessed value: $31,859,600
- Annual tax amount: $64,886
- Date on market: 6/16/2026
- Listing terms: New Loan,Cash
- Inclusions: Dryer, Oven, Refrigerator, Washer, Stove Top, Range, Microwave, Dishwasher
Estimated market value
$31,573,600
$29.99M - $33.15M
$199,999/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Price change | $33,750,000-6.3%$2,768/sqft |
Source: AGSMLS #190634 Report a problem | ||
| 9/25/2025 | Price change | $36,000,000+6.7%$2,953/sqft |
Source: | ||
| 8/25/2025 | Price change | $33,750,000-6.3%$2,768/sqft |
Source: AGSMLS #188736 Report a problem | ||
| 6/13/2025 | Listed for sale | $36,000,000$2,953/sqft |
Source: | ||
| 5/1/2025 | Listing removed | $36,000,000$2,953/sqft |
Source: AGSMLS #183806 Report a problem | ||
| 5/23/2024 | Listed for sale | $36,000,000+82.3%$2,953/sqft |
Source: AGSMLS #183806 Report a problem | ||
| 6/7/2021 | Sold | $19,750,000$1,620/sqft |
Source: Public Record Report a problem | ||
| 1/20/2021 | Listing removed | -- |
Source: AGSMLS Report a problem | ||
| 7/1/2019 | Listed for sale | $19,750,000-10.2%$1,620/sqft |
Source: Christie's International Real Estate Aspen Snowmass #160171 Report a problem | ||
| 5/24/2019 | Listing removed | $22,000,000$1,805/sqft |
Source: Douglas Elliman #AGS149587 Report a problem | ||
| 5/30/2018 | Price change | $22,000,000-12%$1,805/sqft |
Source: Douglas Elliman #AGS149587 Report a problem | ||
| 6/20/2017 | Listed for sale | $25,000,000+29.9%$2,051/sqft |
Source: Douglas Elliman #AGS149587 Report a problem | ||
| 12/18/2006 | Sold | $19,250,000$1,579/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $53,745 +9.6% | $1,991,230 +6.1% |
| 2024 | $49,023 +44% | $1,876,000 -1% |
| 2023 | $34,034 +0.3% | $1,894,210 +75.7% |
| 2022 | $33,942 | $1,078,030 -2.8% |
| 2021 | -- | $1,109,050 +3.8% |
| 2020 | $32,964 +0.5% | $1,068,930 |
| 2019 | $32,784 -0.9% | $1,068,930 -10.8% |
| 2018 | $33,084 | $1,197,780 +10.9% |
| 2017 | $33,084 +15.2% | $1,079,730 +34.6% |
| 2016 | $28,722 +32% | $801,990 |
| 2015 | $21,762 +9.4% | $801,990 +9.1% |
| 2014 | $19,888 | $734,990 |
| 2013 | -- | $734,990 -4.3% |
| 2012 | $20,195 | $768,240 |
| 2011 | -- | $768,240 -51.6% |
| 2010 | -- | $1,588,080 |
| 2009 | -- | $1,588,080 +39.9% |
| 2008 | $28,066 -1.9% | $1,135,540 |
| 2006 | $28,617 +10.6% | $1,135,540 +8.5% |
| 2005 | $25,874 | $1,046,640 |
| 2004 | -- | $1,046,640 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 81656
Nearby schools
GreatSchools rating
- 8/10Aspen Elementary SchoolGrades: PK-4Distance: 7.4 mi
- 5/10Aspen Middle SchoolGrades: 5-8Distance: 7.4 mi
- 9/10Aspen High SchoolGrades: 9-12Distance: 7.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Pitkin County
- Woody Creek
- 81656
- 120 Running Mare Rd




