Date
Details
Price
Change
Source
12/15/2025
Listed
$8,625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$8,625,000
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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.
Full Property Details
Full Property Details for 238 Terrace Dr
General
- Price: $8,625,000
- HOA FEE: $17/month
- HOA FEE FREQ.: Annually
- Taxes: $7,458 (2024)
- Status: Active
- Type: Single Family
- Source: 106
- MLS ID: 191067
- Updated: 1/1/2026
- Added to Site: 32 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Furnishings: Partially
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Location
- Area: Snowmass Village
- County: Pitkin
- Subdivision: Melton Ranch
- Driving Directions: From Brush Creek Road, turn onto Sinclair Road. Turn left on Terrace Drive. Proceed for approximately 1/4 mile and the house will be on the left.
Community
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: A/C
- Heating Type: Solar, Forced Air
Utilities
- Water: Public
- Cable Available: Yes
Structural Information
- Architectural Style: Contemporary
- Exterior Const.: Other
- Roof: Metal
- Square Feet: 3,854
- Living Area: 3,854 Sq. Ft.
- Year Built: 1974
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.72
- Lot Size (Sq. Ft.): 31,338
- Lot Features: Landscaped
- Zoning: Residential
Financial Considerations
- Association Fee: $200
- Assoc Fee Freq.: Annually
- Tax Amount: $7,458.28
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: Subdivision: MELTON RANCH UNIT ONE, Lot: 17
- Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Microwave, Dishwasher
- Property ID: 273301101028
Listed by Aspen Snowmass Sotheby's International Realty - Hyman Mall, The Burggraf Group Will and Sarah Burggraf
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 238 Terrace Dr —
The Burggraf Group Will and Sarah Burggraf
Aspen Snowmass Sotheby's International Realty - Hyman Mall
(970) 925-6060
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 238 Terrace Dr
School District:Aspen School District 1
| Name | Grades | Distance |
|---|---|---|
Aspen Elementary School 235 High School Road, Aspen, CO 81611 | K-4 | 5.2 mi |
Aspen Middle School 235 High School Road, Aspen, CO 81611 | 5-8 | 5.2 mi |
Aspen High School 235 High School Road, Aspen, CO 81611 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 238 Terrace Dr
Tax History
Tax History for 238 Terrace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,458
10%
$166,090
-3%
2023
$6,761
53%
$170,400
98%
2021
$4,417
4%
$86,020
3%
2022
$4,257
-1%
$83,620
-1%
2020
$4,298
—
$84,640
—
2019
$4,298
-2%
$84,640
—
2018
$4,391
5%
$84,610
—
2017
$4,186
7%
$84,610
6%
2016
$3,927
12%
$79,580
—
2015
$3,521
-7%
$79,580
-6%
2014
$3,770
5%
$84,360
—
2013
$3,576
—
$84,360
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 238 Terrace Dr
238 Terrace Drive, Snowmass Village, CO 81615 (MLS# 191067) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 238 Terrace Drive is currently listed for $8,625,000 and was received on December 15, 2025. Want to learn more about 238 Terrace Drive? Do you have questions about finding other Single Family real estate for sale in Snowmass Village? You can browse all Snowmass Village real estate or contact a Coldwell Banker agent to request more information.