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For sale
  • $32,000,000

    700 Nell Erickson Rd, Aspen, CO 81611

    7beds
    6,802sqft
    : 
    $210,062/mo
    Get pre-qualified
    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
    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.
    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

        DateEventPrice
        8/31/2026Listed for sale$32,000,000+100%$4,704/sqft
        Source: AGSMLS #194389 Report a problem
        12/15/2025Listing removed$75,000$11/sqft
        Source: Zillow Rentals Report a problem
        11/24/2025Listed for rent$75,000$11/sqft
        Source: Zillow Rentals Report a problem
        4/1/2025Listing removed$75,000$11/sqft
        Source: Zillow Rentals Report a problem
        3/7/2025Listed for rent$75,000$11/sqft
        Source: Zillow Rentals Report a problem
        2/16/2025Listing removed$75,000$11/sqft
        Source: Zillow Rentals Report a problem
        1/18/2025Listed for rent$75,000$11/sqft
        Source: Zillow Rentals Report a problem
        1/25/2024Listing removed--
        Source: Douglas Elliman Report a problem
        6/3/2023Price change$75,000-50%$11/sqft
        Source: Zillow Rentals Report a problem
        3/23/2023Listed for rent$150,000$22/sqft
        Source: Zillow Rentals Report a problem
        5/19/2022Listing removed--
        Source: Douglas Elliman Report a problem
        7/2/2021Listed for rent$150,000+150%$22/sqft
        Source: Douglas Elliman #AGS170868 Report a problem
        12/10/2020Listing removed$60,000$9/sqft
        Source: Christie's International Real Estate Aspen Snowmass #165669 Report a problem
        9/28/2020Sold$16,000,000-10.9%$2,352/sqft
        Source: Agent Provided Report a problem
        7/30/2020Listed for rent$60,000$9/sqft
        Source: Christie's International Real Estate Aspen Snowmass #165669 Report a problem
        7/2/2020Pending sale$17,950,000$2,639/sqft
        Source: Christie's International Real Estate Aspen Snowmass #164619 Report a problem
        6/4/2018Listed for sale$17,950,000$2,639/sqft
        Source: Aspen Associates Realty #154391 Report a problem
        4/16/2018Listing removed$17,950,000$2,639/sqft
        Source: Aspen Associates Realty #145383 Report a problem
        6/7/2017Price change$17,950,000-7.9%$2,639/sqft
        Source: Aspen Associates Realty #145383 Report a problem
        7/28/2016Price change$19,500,000-17%$2,867/sqft
        Source: Aspen Associates Realty #145383 Report a problem
        6/22/2016Listed for sale$23,500,000$3,455/sqft
        Source: Aspen Associates Realty #144265 Report a problem
        4/2/2016Listing removed$23,500,000$3,455/sqft
        Source: Aspen Associates Realty Group LLC #142072 Report a problem
        12/21/2015Listed for sale$23,500,000+56.7%$3,455/sqft
        Source: Aspen Associates Realty Group LLC #142072 Report a problem
        12/28/2001Sold$15,000,000$2,205/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 81611

        Getting around

        0 / 100
        Car-Dependent
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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