Red Mountain home changes ownership for $10.95 million

What’s the Big Deal runs Mondays is based on the prior week’s most expensive property transaction recorded in the Pitkin County Clerk & Recorder’s Office.
Price: $10.95 million
Date recorded: March 25
Buyer: 1683 RMR LLC
Seller: Acme Colorado
Address: 1683 Red Mountain Road
Neighborhood: Red Mountain
Property type: Residential
Last remodel: 2015
Total heated area: 6,899 square feet
Lot size: 1 acre
Assessor’s office actual value: $10,304,900
Assessor’s office assessed value: $736,800
Property tax bill: $22,790
Source: Assessor’s Office and Clerk & Recorder’s Office, Pitkin County