What’s the Big Deal: Snowmass home, horse ranch fetch $12.25 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: $12.25 million

Date recorded: Jan. 21

Address: 50 E. River Ranch Road, Snowmass

Neighborhood: Aspen River Valley Ranches

Buyer: Meanwhile Ranch LLC; Oklahoma City, Oklahoma

Seller: Galardi Group Development LLC; Irvine, California

Property type: Residential

Total heated area of main residence: 12,000 square feet

Home details: Four bedrooms, five full bathrooms, two half-baths, wine cellar, media/game room, separate bar area, two offices, a commercial grade kitchen,three-car garage)

Other amenities: 7,000-square-foot indoor facility with room for 12 horse stalls, separate three-stall barn,

Lot size: 56.35 acres

Assessor’s office actual value: $10,447,500

Assessor’s office assessed value: $747,000

Source: Pitkin County Assessor’s and Clerk & Recorder’s offices; online real estate advertisements