Seller's Agent in 2021
Steve MacDonald
Coldwell Banker Mtn Properties
(970) 390-0230
29 Total Sales
Estimated Value: $3,983,000
5
Beds
8
Baths
5,480
Sq Ft
$727/Sq Ft
Est. Value
Highlights
- Views of Ski Resort
- Fitness Center
- Ski Trails
- Golf Course Community
- Fishing
- Deck
About This Home
As of September 2021Rare opportunity to own a new construction, Mountain Modern Contemporary home on the coveted Forest Road. A prime location nestled in the mountainside, Forest Road sits on the world-renowned Vail Mountain. This home is a true ski-in home from the Simba ski run, and only a short ski down to the Lionshead Gondola. The peaceful serenity of the Aspen groves and Vail Mountains views are all encompassing from the expansive glass throughout. 1,583 sq ft of 5 Serene, Private Outdoor Heated Living Areas to enjoy year round – Expansive Weiland doors open up to heated front entry patio with see through indoor/outdoor fireplace; Heated, covered hot tub back patio with ski slope views; Heated, covered patio off the game room with outdoor fireplace; Heated master patio nestled in the Aspen groves; Heated Rooftop deck with the best views on Forest Road. Boasting a state of the art kitchen, elevator accessing all levels, heated driveway, gym, wine room, and home theater this home offers unparalleled luxury and the finest craftsmanship. www.vailforestroad.com
Last Listed By
Coldwell Banker Mtn Properties License #EA256061 Listed on: 10/01/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,123
Year Built
- Built in 2020
Lot Details
- 0.67 Acre Lot
Parking
- 2 Car Garage
- Heated Garage
Property Views
- Ski Resort
- Woods
- Mountain
- Valley
Home Design
- Duplex
- Poured Concrete
- Frame Construction
- Metal Roof
- Wood Siding
- Metal Siding
- Stone
Interior Spaces
- 5,480 Sq Ft Home
- 4-Story Property
- Elevator
- Vaulted Ceiling
- Gas Fireplace
- Sealed Combustion
- Smart Thermostat
- Washer and Electric Dryer Hookup
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Steam Shower
Outdoor Features
- Deck
- Patio
Location
- Property is near public transit
- City Lot
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
- Phone Available
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Seller Concessions Not Offered
Community Details
Overview
- No Home Owners Association
- Vail Village 6 Subdivision
Recreation
- Golf Course Community
- Fitness Center
- Fishing
- Trails
- Ski Trails
- Snow Removal
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 26, 2020
Sold by
706 Forest Road B Llc
Bought by
706 Forest Road B Llc
Total Days on Market
319
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
4.75%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 1, 2019
Sold by
Ostling Paul J and Ostling Danita K
Bought by
Forest Road Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
4.75%
Mortgage Type
Construction
Purchase Details
Listed on
Dec 14, 2018
Closed on
Dec 14, 2018
Sold by
Maple Mountain Properties Llc
Bought by
Ostling Paul J and Ostling Danita K
Seller's Agent
Tye Stockton
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Steven MacDonald
Coldwell Banker Devonshire
List Price
$4,850,000
Sold Price
$4,450,000
Premium/Discount to List
-$400,000
-8.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 16, 2013
Sold by
Illig Clifford W and Illig Bonnie A
Bought by
Maple Mountain Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,588,500
Interest Rate
4.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
May 11, 1999
Sold by
Herman Michael E and Herman Karen M
Bought by
Illig Clifford W and Illig Bonne A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.04%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 706 Forest Road B Llc | -- | Land Title Guarantee | |
| Forest Road Llc | -- | None Available | |
| Ostling Paul J | $4,450,000 | Land Title Guarantee Co | |
| Maple Mountain Properties Llc | -- | Stewart Title | |
| Illig Clifford W | $1,800,000 | Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vail Legacy Llc | $8,092,500 | |
| Closed | 706 Forest Road B Llc | $5,500,000 | |
| Closed | Forest Road Llc | $5,500,000 | |
| Previous Owner | Ostling Paul J | $3,000,000 | |
| Previous Owner | Maple Mountain Properties Llc | $2,588,500 | |
| Previous Owner | Illig Clifford W | $2,520,000 | |
| Previous Owner | Illig Clifford W | $1,163,224 | |
| Previous Owner | Illig Clifford W | $1,186,805 | |
| Previous Owner | Illig Clifford W | $1,400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2021 09/29/21 | Sold | $12,450,000 | -4.1% | $2,272 / Sq Ft |
| 08/15/2021 08/15/21 | Pending | -- | -- | -- |
| 09/30/2020 09/30/20 | For Sale | $12,980,000 | +191.7% | $2,369 / Sq Ft |
| 12/14/2018 12/14/18 | Sold | $4,450,000 | -8.2% | $1,433 / Sq Ft |
| 12/14/2018 12/14/18 | Pending | -- | -- | -- |
| 12/14/2018 12/14/18 | For Sale | $4,850,000 | -- | $1,561 / Sq Ft |
Source: Vail Multi-List Service
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2020 | $11,342 | $223,490 | $183,060 | $40,430 |
| 2019 | $14,123 | $277,360 | $183,060 | $94,300 |
| 2018 | $14,081 | $271,050 | $130,360 | $140,690 |
| 2017 | $14,013 | $271,050 | $130,360 | $140,690 |
| 2016 | $14,090 | $275,560 | $138,290 | $137,270 |
| 2015 | -- | $275,560 | $138,290 | $137,270 |
| 2014 | -- | $238,800 | $129,400 | $109,400 |
Source: Public Records
Agents Affiliated with this Home
-
Steve MacDonald
-
Ashley MacDonald
A
Seller Co-Listing Agent in 2021
Ashley MacDonald
Coldwell Banker Mtn Properties
(970) 390-3868
26 Total Sales
-
P
Buyer's Agent in 2021
Patrice Ringler
LIV Sotheby's Int. Realty-Vail Mountain Haus
-
T
Seller's Agent in 2018
Tye Stockton
LIV Sotheby's Int. Realty-Vail Mountain Haus
-
S
Buyer's Agent in 2018
Steven MacDonald
Coldwell Banker Devonshire
Map
Source: Vail Multi-List Service
MLS Number: 1001312
APN: R008778
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