$8,007,500
220 Draw Drive
Aspen, CO 81611
MLS# 177654
Status: Closed
5 beds  |  5 baths  |  4620 sqft
220 Draw Drive, Aspen, CO 81611
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220 Draw Drive, Aspen, CO 81611 220 Draw Drive, Aspen, CO 81611 Open Space and Views Living room Living room with two dining room tables seats 12 Living room Kitchen Office with fireplace and 1/2 bath Half Bath Master Bedroom Master bathroom Master Bathroom Master Cedar Closet Guest Master King Guest Master Bath, Tub and Shower Guest Room Queen Guest Bathroom With Shower Only Back area with Hot Tub View of House 220 Draw Drive, Aspen, CO 81611 220 Draw Drive, Aspen, CO 81611 220 Draw Drive, Aspen, CO 81611 View From Upper Deck

Property Description
This home can be a wonderful remodel or a new house on a great lot. It is an extraordinary Red Mountain Lot that includes wooded hillside with Aspens & Oak & mountain views that are South & West. Located on the lower part of Red Mountain it is a quick & easy drive into Aspen. This home could be remodeled or totally rebuilt to 8,657 square feet by either going through Growth Management or buying a TDR's. The main home currently has 3 bedrooms, 3.5 bathrooms & an office, which was the original master bedroom which could be a 4th bedroom. There is also a free-standing Caretaker House with a kitchen, bath, & large studio space for bedroom/ living area. Outside there are two large decks, one with a hot tub, & two-car garage.If you have been looking for a home site or home under $8.8 Million on RED MOUNTAIN, here it is. The sale is subject to a rental in the main house through September 19, 2023 and subject to a rental in the guest house that has a 60 day move out clause.

Details
Documents
Location Info
Current Price: $8,007,500
Type: Single Family Residence
Major Area: Aspen
Area: 01-Red Mountain
Original List Price: 8995000
Asking Price: 8795000
Street #: 220
Street Name: Draw
Street Suffix: Drive
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Furnished: Partial
Keywords Info
Bedrooms: 5
Total Baths: 5
Baths - Full: 3
Baths - 3/4: 1
Baths - Half: 1
Lot Size: 22,001 - 32000
Acreage: Unknown
Garage: 2 Car
Pre-Fabricated Home: No
Listing Info
New Construction: No
Listing Date: 2022-12-09
Seller is licensed Realtor: No
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
County: Pitkin
ADU: Yes
General Info
Sub/Loc: Ridge of Red Mountain
Legal: Ridge of Red Mountain Lot 26
Zoning: residential
Nbr of Acres: 0.69
Lot SqFt: 30056
Lv Ht SqFt: 4620
LvHtSqFt (Abv Grnd): 468
Total SqFt: 4620
Price/LvH SqFt: 1903.68
Garage SqFt: 500
Pt/Dk SqFt: 400
Levels: 2
Main Floor Master: No
Year Built: 1990
Unit Faces: South
Parcel #: 273501404012
Directions: Take Red Mountain Road to Draw Drive turn right, and 220 Draw Drive is located on the left-hand side of the street.
Financing Info
Metro Tax District: No
Taxes: 14294.8
Tax Year: 2022
Transfer Tax: No
HOA Dues Y/N: Yes
Association Fee: 1343
Association Fee Frequency: Annually
HOA Transfer Fee: No
Status Change Info
Status: Closed
Under Contract Date: 2023-06-24
Proposed Close Date: 2023-09-25
Sold Date: 2023-09-25
Sold Price: $8,007,500
Sold Price Per/SF: 1733.23
How Sold: Cash
Remarks
Public Remarks: This home can be a wonderful remodel or a new house on a great lot. It is an extraordinary Red Mountain Lot that includes wooded hillside with Aspens & Oak & mountain views that are South & West. Located on the lower part of Red Mountain it is a quick & easy drive into Aspen. This home could be remodeled or totally rebuilt to 8,657 square feet by either going through Growth Management or buying a TDR's. The main home currently has 3 bedrooms, 3.5 bathrooms & an office, which was the original master bedroom which could be a 4th bedroom. There is also a free-standing Caretaker House with a kitchen, bath, & large studio space for bedroom/ living area. Outside there are two large decks, one with a hot tub, & two-car garage.If you have been looking for a home site or home under $8.8 Million on RED MOUNTAIN, here it is. The sale is subject to a rental in the main house through September 19, 2023 and subject to a rental in the guest house that has a 60 day move out clause.
Electric
Yes: Public
Fireplace
# Fireplaces: 2
Property Features
Laundry Facility: Laundry Room
Style: Two Story
Construction: Frame; Stone
Condition: Good
Heating: Radiant
Gas: Natural Gas
Sanitation: Sewer
Fireplace: Gas; Wood Burning
Carport: 2 Car
Parking Area: 2 Car
Possession: DOD
Extras: Guest/Caretaker Qtrs; Indoor Jetted Tub; Landscaping; Outdoor Hot Tub/Spa; Security System; Steam Shower; Storage Shed
Terms Offered: Cash
HOA Fees Includes: Road Maintenance
Location Amenities: Borders Public Land; Exposure, Southern; Gentle Topo; Trees; Views
Sign: Yes
Inclusions: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer; Window Coverings
Supplements
If you have been looking for a home site or home under $8.8 Million on RED MOUNTAIN, here it is. The sale is subject to a rental in the main house through September 19, 2023 and subject to a rental in the guest house that has a 60 day move out clause.

Listing Office: Compass

Last Updated: September - 26 - 2023

220 Draw Drive, Aspen, CO 81611 - MLS# 177654
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.

Broker Attribution: 970-925-6063
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