238 Terrace Drive Snowmass Village, CO 81615 Price Dropped by $125K

UPDATED: 03/09/2026 08:05 PM ON MARKET: 85 days on market

$8,500,000

4 Beds5 Baths3,854 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,854 sqft

Price per Sqft $2,205

Subdivision Melton Ranch

MLS Listing ID 191067

Bedrooms 4

Full Baths 4

Half Baths 1

HOA Fees $200/ann

HOA Y/N Yes

Year Built 1974

Annual Tax Amount $7,942

Tax Year 2025

Lot Size 0.719 Acres

Acres 0.72

Property Sub-Type Single Family Residence

Source Aspen Glenwood MLS

Property Description

Welcome to refined mountain luxury. Perfectly positioned on a premier lot in Melton Ranch, this beautifully appointed residence captures breathtaking, unobstructed views of Snowmass Mountain, Brush Creek, and Independence Pass.

Designed to embrace its natural surroundings, the home offers multiple outdoor living spaces, including a generous front deck overlooking the creek and an upper level deck bathed in all day sun with expansive mountain vistas—ideal for both relaxation and entertaining.

The primary suite occupies its own private level, offering panoramic views, abundant natural light, and a spa inspired bathroom complete with a wet room and soaking tub. A striking cantilevered office wrapped in a wall of windows frames dramatic mountain peaks stretching from Independence Pass to Snowmass Mountain, creating an inspiring workspace immersed in nature.

Three additional guest suites provide exceptional privacy and generous proportions, ensuring comfort for family and guests alike. Seamlessly connecting to adjacent open space, the property enjoys enhanced privacy while giving the impression of an even more expansive lot. An exceptional retreat that blends luxury, serenity, and the beauty of the Colorado mountains.