What’s the Big Deal: Snowmass Chalet, Inn fetch $14 million

“What’s the Big Deal?” runs Mondays and is based on the week’s most expensive property transaction recorded in the Pitkin County Clerk & Recorder’s Office.

Price: $14 million

Date recorded: April 20

Address: Mountain Chalet, 115 Daly Lane; Snowmass Inn, 25 Daly Lane

Buyer: CA Loan I LLC

Seller: Snowmass Credit II Chalet LLC and Snowmass Credit III Inn LLC, both controlled by The Related Companies

Property type: Lodge

Year built: Actual, 1967 for both; effective, 1985 for both

Total heated area: Chalet, 37,747 square feet; Inn, 9,360 square feet

Lot size: Chalet, 56,885 square feet; Inn, 35,675 square feet

Assessor’s office actual value: Chalet, $7,728,000; Inn, $5,531,600

Assessor’s office assessed value: Chalet, 2,241,120; Inn, $1,604,170

Property tax bill: Chalet, $113,804; Inn, $113,804

Source: Pitkin County Assessor’s Office