2318 Lazy O Road Snowmass, CO 81654 Active

UPDATED: 10/27/2025 06:21 PM ON MARKET: 206 days on market

Listed by Compass Aspen • 970-452-7327

$18,975,000

5 Beds8 Baths7,217 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 7,217 sqft

Price per Sqft $2,629

Subdivision Lazy O Ranch

MLS Listing ID 188795

Bedrooms 5

Full Baths 6

Half Baths 2

HOA Fees $23,560/ann

HOA Y/N Yes

Year Built 1995

Annual Tax Amount $24,419

Tax Year 2024

Lot Size 13.950 Acres

Acres 13.95

Property Sub-Type Single Family Residence

Source Aspen Glenwood MLS

Property Description

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.