Nestled on 4.5 acres within the prestigious 1,500 acre Lazy O Ranch, this exceptional mountain residence captures breathtaking views of Mount Sopris while offering a rare sense of privacy and tranquility. The extensive work has already been completed through a comprehensive top-to-bottom renovation, providing the perfect opportunity for the next owner to add their own personal vision and finishing touches. Spanning 5,688 square feet, the home seamlessly blends timeless mountain modern design with exceptional craftsmanship, creating an inviting retreat equally suited for everyday living and effortless entertaining. Featuring five bedrooms, a dedicated office, and five-and-a-half bathrooms, the home offers beautifully appointed living spaces that embrace the surrounding landscape. No detail was overlooked in the renovation, where premium finishes including wide-plank European oak flooring and designer lighting are paired with high-performance features such as expansive triple-glazed windows, radiant in-floor heating, and upgraded mechanical systems to enhance both comfort and efficiency. At the heart of the home, the custom-designed kitchen showcases elevated finishes, premium appliances, and a thoughtful design. The Grand Salon provides a warm and sophisticated gathering space, complete with a stylish bar area and cozy fireplace. The primary suite offers a serene retreat with luxurious finishes, a spa-inspired bath, and custom storage. Outdoor living is equally impressive, with beautifully landscaped grounds and a private hot tub creating an inviting setting for year-round enjoyment. Exterior enhancements, including a snow-melt system, solar-powered landscape lighting, and a new chip-and-seal driveway, further enhance both the beauty and functionality of the property. Surrounded by open space and panoramic mountain views, the home offers a true connection to the Colorado mountain lifestyle. Beyond the residence, Lazy O Ranch offers an exceptional private ranch community set across 1,500 acres of pristine Colorado landscape. With an on-site ranch manager, central equestrian facility, and miles of trails for horseback riding, hiking, cross-country skiing, and snowshoeing, residents enjoy access to outdoor recreation throughout the seasons. Additional amenities include stocked trout ponds, tennis and pickleball courts, and expansive open spaces to explore year-round. Ideally located just minutes from Aspen/Snowmass, with convenient access to world-class skiing, backcountry adventures, dining, and shopping, Lazy O Ranch provides a unique combination of privacy, recreation, and convenience.
Single-familyProperty Type
1991Year Built
4.44 acresLot Size
$2,356Price/Sq.Ft.
$1,917/moHOA Dues
2 car garageParking
Listed by Greg Didier• Aspen Snowmass Sotheby's International Realty-Snowmass Village
Listed by Terry Rogers• Aspen Snowmass Sotheby's International Realty-Snowmass Village
Directions: Going West on Highway 82, turn left on Snowmass Creek Rd. Take a right on Capitol Creek Rd then left onto Lazy O Rd. The home is on the left hand side, approximately 1.4 miles down the road.
Home design
Single family residence
Property in excellent condition
Parking
Detached or attached garage not specified, 2 garage spaces
Construction
New construction
Slab foundation
Utilities
Community water
HOA & community
Has association
Association allows pets/owners
Association provides management
Annual association fee of $23,000
Association fee includes contingency fund, management, water, and snow removal
Electricity and solar
View estimated energy costs and solar savings for this home
Located within the highly desirable 1500-acre Lazy O Ranch is this 5,688-square-foot, timeless-designed six-bedroom, six-bath home that will provide the homeowner with years of enjoyment. Designed by Jim Otis, architect and strategically picked as one of the first developed homesites with the most desirable views of the ranch and Elk Mountain Range. Sited on 4.44 acres, the sprawling estate features awe-inspiring views of Mt. Sopris and from the outside, the peaked roofs echo the surrounding mountains. Soaring ceilings, two primary suites, generous rooms, and abundant natural light make this a great value for anyone looking for a home for family and entertaining! Various decks and patios provide grand outdoor living areas! Lazy O Ranch features an on-site ranch manager and staff, an equestrian facility with miles of horseback riding, hiking, cross-country skiing trails, tennis and pickle ball courts, and stocked fishing ponds. This impeccably maintained and operated ranch is limited to twenty-two home sites. It provides the carefree lifestyle you desire within proximity to all four ski mountains and the vibrancy of downtown Aspen.
AGMLS #43614
Jul 27, 2004
Sold
$3,150,000
$554/sq ft
+4
EXQUISITE CUSTOM HOME, 2 MASTERS, GRANITE & MARBLE SLAB, STUNNING MT. SOPRIS VIEWS, ON THE LAZY O RANCH, 1500 ACRES PRESERVED FOREVER, HORSE FACILITIES, TENNIS, 20 MINS TO ASPEN; RANCH LIFE WITHOUT THE WORK.
Year
Property tax
Land + Additions
Assessment*
2025
$26,386 (−3.7%)
$53,540 + $244,790
$298,330
2024
$27,396 (+5.6%)
$50,000 + $268,560
$318,560
2023
$25,938 (+78.2%)
$53,040 + $295,600
$348,640
2022
$14,559 (−2.5%)
$53,040 + $295,600
$348,640
2021
$14,939 (−12.8%)
$43,440 + $134,370
$177,810
2020
$17,133 (−0.4%)
$44,690 + $138,240
$182,930
2019
$17,203 (+59.5%)
$46,480 + $172,510
$218,990
2018
$10,782 (+6.1%)
$46,480 + $172,510
$218,990
2017
$10,163 (−39.8%)
$46,800 + $88,370
$135,170
2016
$16,894 (+29.5%)
$46,800 + $88,370
$135,170
2014
$13,042
$63,680 + $156,480
$220,160
Public record
Beds
5
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
4.44 Acres
Year renovated
1991
Finished Sq. Ft.
5,688
Unfinished Sq. Ft.
—
Total Sq. Ft.
5,688
Year built
1991
Style
Single Family Residential
County
Pitkin County
APN
R012572
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 20, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
2/10 Heat Factor
8 days above 83° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Snowmass, CO • 81654
Average low and high temperatures (°F)
28
11
37
21
47
27
49
29
58
35
72
46
76
52
73
51
63
41
54
32
40
21
34
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Snowmass. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1480 Lazy O Rd
$12,690,734
$708K under list price of $13.4M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $9.4M to $19.8M.