Rarely does an Aspen estate of this magnitude, privacy, and rich historical lineage become available. Formerly owned by the Paepcke family and designed by renowned, AIA award-winning architect Harry Teague, this extraordinary home on 11.79 magical acres represents the largest and most secluded property currently available on Aspen's coveted Red Mountain. Situated within the exclusive and gated Erickson Ranch, this property offers a rare combination of sweeping views, acreage, architectural prestige, and deep local history. Designed to seamlessly integrate with its dramatic alpine environment, the 6,802-square-foot contemporary masterpiece captures panoramic vistas stretching from Highlands all the way to Mount Sopris. Flooded with natural light through soaring floor-to-ceiling windows, the interior features expansive living spaces perfect for entertaining, 7 bedrooms and 5.5 bathrooms with the primary on the main level. Outside, the sprawling 12 acres borders common ranch land, providing an oasis of ultimate serenity and natural beauty just minutes away from downtown Aspen's world-class dining, shopping, and skiing. 700 Nell Erickson Road is a prized multi-generational family retreat and a crowning achievement in luxury mountain living.
For sale
$32,000,000
700 Nell Erickson Rd, Aspen, CO 81611
7beds
6,802sqft
Single Family Residence
Built in 2002
11.79 Acres Lot
$26,745,000 Zestimate®
$4,704/sqft
$8,333/mo HOA
What's special
Sweeping views
- 11 days
- 685
- 43
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Stanley 970-925-6063,
Compass Aspen
Source: AGSMLS,MLS#: 194389
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Radiant
Cooling
- None
Appliances
- Laundry: Inside
Features
- Number of fireplaces: 2
- Fireplace features: Gas
- Furnished: Yes
Interior area
- Total structure area: 6,802
- Total interior livable area: 6,802 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Lot
- Size: 11.79 Acres
- Features: Interior Lot
Details
- Parcel number: 273501358001
- Zoning: AFR-10
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Stone Veneer, Wood Siding, Stucco, Frame
- Roof: Metal
Condition
- Excellent
- New construction: No
- Year built: 2002
Utilities & green energy
- Water: Well
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & HOA
Community
- Subdivision: Erickson Ranch
HOA
- Has HOA: Yes
- Services included: Trash, Snow Removal, Sewer, Maintenance Grounds
- HOA fee: $25,000 quarterly
Location
- Region: Aspen
Financial & listing details
- Price per square foot: $4,704/sqft
- Tax assessed value: $21,911,400
- Annual tax amount: $44,706
- Date on market: 8/31/2026
- Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
Estimated market value
$26,745,000
$21.66M - $32.90M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $32,000,000+100%$4,704/sqft |
Source: AGSMLS #194389 Report a problem | ||
| 12/15/2025 | Listing removed | $75,000$11/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/24/2025 | Listed for rent | $75,000$11/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/1/2025 | Listing removed | $75,000$11/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/7/2025 | Listed for rent | $75,000$11/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/16/2025 | Listing removed | $75,000$11/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/18/2025 | Listed for rent | $75,000$11/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/25/2024 | Listing removed | -- |
Source: | ||
| 6/3/2023 | Price change | $75,000-50%$11/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/23/2023 | Listed for rent | $150,000$22/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/19/2022 | Listing removed | -- |
Source: | ||
| 7/2/2021 | Listed for rent | $150,000+150%$22/sqft |
Source: | ||
| 12/10/2020 | Listing removed | $60,000$9/sqft |
Source: Christie's International Real Estate Aspen Snowmass #165669 Report a problem | ||
| 9/28/2020 | Sold | $16,000,000-10.9%$2,352/sqft |
Source: Agent Provided Report a problem | ||
| 7/30/2020 | Listed for rent | $60,000$9/sqft |
Source: Christie's International Real Estate Aspen Snowmass #165669 Report a problem | ||
| 7/2/2020 | Pending sale | $17,950,000$2,639/sqft |
Source: Christie's International Real Estate Aspen Snowmass #164619 Report a problem | ||
| 6/4/2018 | Listed for sale | $17,950,000$2,639/sqft |
Source: Aspen Associates Realty #154391 Report a problem | ||
| 4/16/2018 | Listing removed | $17,950,000$2,639/sqft |
Source: Aspen Associates Realty #145383 Report a problem | ||
| 6/7/2017 | Price change | $17,950,000-7.9%$2,639/sqft |
Source: Aspen Associates Realty #145383 Report a problem | ||
| 7/28/2016 | Price change | $19,500,000-17%$2,867/sqft |
Source: Aspen Associates Realty #145383 Report a problem | ||
| 6/22/2016 | Listed for sale | $23,500,000$3,455/sqft |
Source: Aspen Associates Realty #144265 Report a problem | ||
| 4/2/2016 | Listing removed | $23,500,000$3,455/sqft |
Source: Aspen Associates Realty Group LLC #142072 Report a problem | ||
| 12/21/2015 | Listed for sale | $23,500,000+56.7%$3,455/sqft |
Source: Aspen Associates Realty Group LLC #142072 Report a problem | ||
| 12/28/2001 | Sold | $15,000,000$2,205/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $38,438 +1.2% | $1,369,460 -5.6% |
| 2024 | $37,979 +31.2% | $1,450,940 -0.9% |
| 2023 | $28,954 +0.3% | $1,464,000 +60.1% |
| 2022 | $28,878 | $914,590 -2.8% |
| 2021 | -- | $940,910 +29.6% |
| 2020 | $22,457 +0.5% | $726,010 |
| 2019 | $22,336 +13.8% | $726,010 -0.7% |
| 2018 | $19,635 | $731,090 +14.5% |
| 2017 | $19,635 +15.1% | $638,570 +3% |
| 2016 | $17,056 +0.9% | $620,140 |
| 2015 | $16,896 -1.7% | $620,140 -1.9% |
| 2014 | $17,182 | $631,940 |
| 2013 | -- | $631,940 +2.4% |
| 2012 | $16,299 | $617,000 |
| 2011 | -- | $617,000 -37.5% |
| 2010 | -- | $986,620 |
| 2009 | -- | $986,620 -4.1% |
| 2008 | $25,598 +62.8% | $1,028,680 |
| 2006 | $15,720 -0.3% | $1,028,680 +80.4% |
| 2005 | $15,760 | $570,170 -9.7% |
| 2004 | -- | $631,670 |
| 2003 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment





