What’s the Big Deal: Four Peaks Ranch sells for $41 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.
Pitkin County Assessor’s Office
Pitkin County Assessor’s Office
Price: $41 million
Date recorded: Feb. 18
Buyer: KFP22 P LLC
Seller: Patsy and Thomas Wheeler
Address: 1000 (undeveloped) 1220 Watson Divide Road, Snowmass
Neighborhood: Upper midvalley
Property type: Agricultural and residential
Year built: 2007
Total heated area: 13,471 square feet; 6 bedrooms, 8 ½ bathrooms; three stories
Lot size: 700-plus acres; 244 acres with undeveloped property and 542 acres with developed property
Assessor’s office actual value: $213,000 (undeveloped property) and $26,944,800 (developed property)
Assessor’s office assessed value: $1,584,920 (developed property)
Property tax bill: $61,770 (undeveloped property) and $62,126.60 (for developed property)
Source: Assessor’s Office and Clerk & Recorder’s Office, Pitkin County

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