A rare ski-in, ski-out estate just 50 feet from the slopes of Steamboat Resort has arrived on the market for $20 million, offering a combination of contemporary architecture, resort access and private mountain living that is exceptionally difficult to replicate.
Known as 3005 Trails Edge, the 11,119-square-foot residence sits on approximately 0.72 acres in Steamboat Springs, Colorado. The fully furnished home includes seven bedrooms, 10 bathrooms, an indoor-outdoor pool, a home theater, multiple entertaining spaces and a rooftop observation deck overlooking the surrounding mountains. Current listing records show the property entered the market on September 30, 2026, at $20 million.
The estate is represented by Chris Paoli of The Agency Steamboat Springs, and its location is among its most compelling attributes. The property is positioned roughly 50 feet from the slopes and is described in the current listing as one of fewer than 10 single-family ski-in, ski-out residences in the Steamboat Ski Area.
A Contemporary Mountain Estate With an Unusually Private Setting
3005 Trails Edge was designed as something distinctly different from the traditional Colorado mountain retreat.
Rather than relying entirely on rustic timber interiors, the residence combines natural stone, wood and expansive glass with a more contemporary architectural vocabulary. The great room is the centerpiece, with soaring curved wood-beamed ceilings, a dramatic stone fireplace and floor-to-ceiling windows that frame the forest and mountain landscape.
The property was built in 1998 after Robert and Mary Litterman acquired the land in 1997. Public records show the couple purchased the property for $770,000 on August 15, 1997, before developing the residence over the following years. The current property records identify 1998 as the home’s construction year.
Mary Litterman has previously described wanting a contemporary home with an open floor plan rather than another heavily rustic mountain house. Architect Bill Rangitsch was involved in the project, while interior designer Nancy Jeffrey helped shape its artistic character.
“It really gives you a sense of the grandeur,” Paoli said of the residence, noting that the relatively understated exterior gives way to a much more dramatic experience once visitors enter.
That contrast appears intentional. From the approach, the house maintains a relatively low profile among the trees, while inside, the scale expands dramatically through the great room and expansive windows.
An Indoor-Outdoor Pool Becomes the Home’s Signature Feature
Among the most distinctive elements of 3005 Trails Edge is its indoor-outdoor swimming pool.
The pool area is connected to a hot tub and sauna, while accordion-style walls can open the space toward the outdoors in warmer weather. A mosaic tile mural inspired by a painting by Nancy Jeffrey adds an artistic element to what could otherwise have been a purely recreational space.
The lower level continues the resort-like experience with a 13-seat theater, wet bar and an Art Deco rosewood pool table. These spaces make the home particularly well suited to entertaining, whether for intimate family gatherings or larger groups.
Upstairs, the kitchen is designed for serious hosting, with custom walnut cabinetry, stone countertops, handmade tiles and a large island capable of accommodating a substantial group. The kitchen connects naturally to the great room, dining areas and grand piano, creating a central social hub rather than a closed-off service space.
For a property in a ski destination, that indoor-outdoor balance is particularly valuable. Winter weather can transform the landscape outside, while the home’s amenities allow residents to remain immersed in the mountain environment without sacrificing comfort.
A Mountain Home Built for Entertaining
The scale of the residence reflects its history as more than a private vacation house.
Robert Litterman, the investor and quantitative finance pioneer, built his career at Goldman Sachs before becoming a founding partner of Kepos Capital. The Steamboat property was used partly as a corporate retreat, and gatherings reportedly grew over the years from relatively intimate occasions to dinners accommodating as many as 100 guests.
That background helps explain the home’s generous entertaining spaces.
The primary suite occupies its own private wing and includes a fireplace, spa-style bathroom, antique chandelier and views toward the pool. A custom-built bed frame incorporates a television that rises into view, adding another discreet technology element to the otherwise highly finished interiors.
The house is also offered fully furnished, allowing the next owner to step directly into the established aesthetic rather than beginning a major furnishing project after closing.
At the opposite end of the experience, the rooftop observation deck provides a quieter place to take in the surrounding landscape.
Mary Litterman previously described the appeal of spending sunny winter days on the deck, when the air remains cold but the mountain sun can still feel surprisingly warm. It is an experience that captures the property’s broader appeal: the ability to enjoy the drama of a Colorado winter while remaining in an exceptionally private residential setting.
Ski-In, Ski-Out Access Is the Real Luxury
For all of its architectural and lifestyle features, the most difficult element to reproduce at 3005 Trails Edge is its position.
The residence sits approximately 50 feet from the slopes of Steamboat Resort, putting skiing at the center of everyday life. The property is also within walking distance of one of the resort’s principal lifts.
Paoli has characterized the home as an option for buyers seeking a genuine escape rather than a residence immersed in the busiest part of the resort village.
“This is a home for somebody that is looking for a true escape,” Paoli said, emphasizing the unusual combination of immediate mountain access and privacy.
That scarcity gives the property a different proposition from a newly built condominium or branded resort residence. A buyer is acquiring not only a luxury home, but also a particular piece of the mountain landscape that would be extremely difficult to recreate today.
Steamboat Springs Is Entering a New Luxury Era
The timing of the listing is also notable.
Steamboat Springs is undergoing a significant wave of luxury development, particularly around the base of Steamboat Resort. One of the most prominent projects is The Stockman, Auberge Collection, a new nine-story ski-in, ski-out resort and residential development.
The Stockman officially broke ground in August 2026 and is planned to include 95 private residences alongside 59 hotel rooms and suites. The project will also bring restaurants, bars, a full-service spa, pool and other hospitality amenities to the base of the mountain.
The project is already attracting significant demand. In September, Stockman Development announced that it had secured $482.5 million in financing, while more than 25% of the residences were reportedly under contract. One rooftop residence had gone under contract for $19 million, making it the highest-priced home reported under contract in Steamboat during 2026 at that point.
That development activity adds context to the $20 million asking price at 3005 Trails Edge. The estate is entering the market at a time when Steamboat is increasingly positioning itself for the ultra-luxury buyer, yet the property offers something new developments cannot easily provide: nearly three decades of established history and a mature private setting immediately beside the slopes.
Beyond the Slopes, a Year-Round Colorado Lifestyle
While skiing remains central to the Steamboat Springs lifestyle, the community has developed into a four-season destination.
During warmer months, residents can trade skis for hiking boots, mountain bikes and other outdoor pursuits. Downtown Steamboat Springs adds restaurants, cafés, boutiques, galleries and local services, giving homeowners access to a more traditional town environment beyond the resort base.
The location also benefits from regional air access through Yampa Valley Regional Airport, while Denver provides a larger international gateway for owners and guests traveling from farther afield.
For a luxury homeowner, that combination matters. A mountain estate is most valuable when it can function as more than a winter retreat, and Steamboat’s expanding hospitality and residential infrastructure is increasingly geared toward year-round use.
From a $770,000 Land Purchase to a $20 Million Estate
The financial history of 3005 Trails Edge illustrates just how dramatically the Steamboat Springs luxury market has evolved.
Robert and Mary Litterman purchased the property for $770,000 in 1997. Public records show the next major transaction is the current listing at $20 million in September 2026, meaning the property is effectively returning to the market after nearly three decades of ownership.
The difference between the original land acquisition and today’s asking price reflects not simply appreciation in Steamboat Springs real estate, but the substantial investment that transformed the site into a highly customized 11,119-square-foot residence.
For californialuxuryhouses, the property’s story is particularly compelling because it combines several elements that rarely appear together at this level: a long-term ownership history, an architecturally distinctive residence, an unusually private mountain setting, extensive entertaining amenities and genuine ski-in, ski-out access.
The Littermans are now moving away from the property as they spend more time in Northern California and ski less frequently. Their decision creates an unusual opportunity for a new owner to acquire a residence that has functioned as both a family retreat and an important gathering place for nearly 30 years.
At $20 million, 3005 Trails Edge is clearly positioned at the upper end of the Steamboat Springs market. But its appeal goes beyond the number attached to the listing.
For the right buyer, this is a chance to own a private mountain estate where skiing begins almost at the front door, where the architecture was designed to embrace the landscape and where the house itself has already accumulated a history of entertaining, retreating and living well.
In a resort community moving rapidly toward a new era of ultra-luxury development, 3005 Trails Edge represents something increasingly rare: an established, highly individual mountain home with a story that began long before Steamboat Springs became one of Colorado’s most closely watched luxury destinations.