2318 Lazy O Road

$18,975,000

$18,975,000 Price
$2,629.21 Price Per Sqft
5 Beds
8 Baths
7,217 Square feet
1995 Year Built
No Pool
13.95 Acres

About 2318 Lazy O Road

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.

Features of 2318 Lazy O Road

MLS® # 188795
Price $18,975,000
Bedrooms 5
Bathrooms 8
Full Baths 6
Half Baths 2
Square Footage 7,217
Acres 13.95
Year Built 1995
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 2318 Lazy O Road
Major Area Old Snowmass
Area 04-Old Snowmass
Subdivision Lazy O Ranch
City Snowmass
County Pitkin
State CO
Zip Code 81654

Amenities

Utilities Propane
# of Garages 3

Interior

Heating Radiant, Natural Gas
Cooling Central Air
Fireplace No
# of Fireplaces 12
Fireplaces Gas, Wood Burning
Has Basement No
Living Heated Sqft 7,217

Exterior

Roof Composition
Construction Stone Veneer, Frame

Additional Information

Date Listed April 7th, 2025
Zoning Residential
Short Sale No
RE / Bank Owned No
HOA Fees 23560
HOA Fees Freq. Annually
Data Source AGSMLS
Year Remodeled 2020
Short Termable No

Subdivision Statistics

Active Listings 3 Average Price $13,488,333 Average $/SF $2,458 Median $/SF $16 Listing Price $18,975,000

Listing Map

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