#188777, Michell Danel, Listing office: Compass Aspen
$18,975,000 List price
2318 Lazy O Rd Snowmass, CO 81654
5 beds
6 full, 2 partial
7,217 sqft
13.9 acres
$2,629 / sqft
House
Property details
About 2318 Lazy O Rd
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.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Radiant
StatusActive
CoolingCentral Air
Size7,217 sqft
Lot size13.95 Acres
Year built1995
MLS #188795
Garage3 spaces
FireplaceGas, Wood Burning
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 6
- Appliances: Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer
- Fireplace: Gas, Wood Burning
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Architectural Style: Two Story
- Heating: Natural Gas, Radiant
- Cooling: Central Air
- List Price: $18,975,000
- Price/SqFt: $2,629
- HOA Amount: $23560 Annually
- Annual Tax Amount: $24,418
- Tax Year: 2023
- 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.
- Year Built: 1995
- Stories: 2
- Living Area: 7,217 SqFt
- Lot Size: 13.95 Acres
- MLS Number: 188795
- MLS Name: Aspen
- Office Name: Compass Aspen
- Office Phone: (970) 925-6063
- Listing Agent: Michell Danel
©Copyright 2025 by Aspen Glenwood Springs MLS. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen Glenwood Springs MLS. IDX information is provided exclusively for consumers’ personal, non- commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 10:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 01, 2022 | Home Sold | $3,000,000 |
| Jan 09, 2017 | Home Sold | $650,000 |
| Apr 07, 2006 | Home Sold | $800,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $328,220 | $24,418 |
| 2022 | $218,340 | $17,878 |
History based on county public records data.
Nearby schools
7
Basalt Elementary School
Public District PK-4
5.8 mi
•151 Cottonwood Dr
9
Aspen Elementary School
Public District KG-4
10.3 mi
•235 High School Rd
3
Crystal River Elementary School
Public District PK-4
13.5 mi
•160 Snowmass Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $82,705. Most Snowmass, CO residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
20%
<35k
41%
35k-100k
23%
100k-200k
16%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
5%
Single, with Kids
37%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
56%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 2318 Lazy O Rd
The listing price of 2318 Lazy O Rd property is $18,975,000.
The property 2318 Lazy O Rd is a house located in Snowmass, Colorado, 81654.
Active Listing: 2318 Lazy O Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2318 Lazy O Rd are: Basalt Elementary School (GreatSchools Rating 7/10), Aspen Elementary School (GreatSchools Rating 9/10), Crystal River Elementary School (GreatSchools Rating 3/10), Basalt Middle School (GreatSchools Rating 4/10), Aspen Middle School (GreatSchools Rating 6/10), Carbondale Middle School (GreatSchools Rating 7/10), Basalt High School (GreatSchools Rating 6/10), Aspen High School (GreatSchools Rating 7/10), Roaring Fork High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $24,418 (source: MLS/based on county public records data).
The last sale was on November 1, 2022 for $3,000,000 (source: MLS/tax record).
The property at 2318 Lazy O Rd has 5 bedrooms and 6 full and 2 half bathrooms.
The property 2318 Lazy O Rd is 7,217 SqFt (source: MLS/tax record).
The year of construction for 2318 Lazy O Rd is 1995.
This home is located at 2318 Lazy O Rd in Snowmass, CO and zip code 81654. This 7,217 square foot home, which was built in 1995, sits on a 13.95 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $18,975,000.
From Rocket Homes Real Estate and based on county public records data.