$8,900,000
Aspen, CO 81611
MLS# 188647
4 beds | 3 baths | 1828 sqft
1 / 27
Property Description
Demo permit in place! Building plans on file and a permit secured for the 2026 allotment give you a rare head start to build your Aspen dream home without waiting years in the queue. Located in East Aspen within walking distance to downtown, the Gondola, and Aspen's premier shopping, dining, and nightlife, this property combines location with opportunity. Rent: The home is offered partially furnished and with excellent long-term tenants in place, providing immediate rental income while you move forward with your development plans. On a quiet street just 1.5 blocks from a shuttle stop and minutes from town via the nearby Hopkins Street footbridge, it also sits in the highly regarded Aspen School District - making it a strong rental investment. Develop: Included with the sale are plans for a luxury new build, already submitted for permitting. With the demo permit in hand for 2026, this is a truly unique redevelopment opportunity in one of Aspen's most desirable neighborhoods. Options abound - collect income now, build next. Your Aspen opportunity starts here.
Details
Documents
General Info
ud_i_02: 3
Legal: Subdivision: RIVERSIDE ADDITION Block: 2 Lot: 6 AND:- Lot: 7 THE S 32 FT OF LOTS 6 7 & 8 BLK 2 RIVERSIDE ADDN & ALL THAT PART OF FORMER REGENT ST LYING S OF SAID LOTS TO THE CITY OF ASPEN A RIGHT OF WAY OVER ALONG & ACROSS LOTS 2 6 7 & 8 BLK 2 RIVERSIDE ANNEX FOR THE PURPOSE OF CONSTR & MAINTENANCE & REPAIR OF WATER PIPELINE BK 200 PG 407 BK 473 PG 529 & 8 (S 32' OF LOTS).
Zoning: Residential
Lv Ht SqFt: 1828
Unfinished SqFt: 0
Price/LvH SqFt: 4868.71
Directions: From Aspen go East on Cooper Avenue, turn left on Midland Avenue. the home is approximately 2 blocks down on the left.
Main Floor Primary Bedroom: No
Unit Faces: Southeast
Sub/Loc: None
Nbr of Acres: 0.14
Lot SqFt: 5950
Total SqFt: 1828
Year Built: 1970
Parcel #: 273718100043
Location Info
Lot Size: 3,001 - 6,000
Furnished: Unfurnished
Current Price: $8,900,000
Type: Single Family Residence
Major Area: Aspen
Area: 01-East Aspen
Original List Price: 8900000
Asking Price: 8900000
Street #: 311
Street Name: Midland
Street Suffix: Avenue
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Geo Lat: 39.188266
Geo Lon: -106.809597
Keywords Info
Acreage: Refer to Lot Size
Garage: No
Pre-Fabricated Home: No
Bedrooms: 4
Total Baths: 3
Baths - Full: 3
Listing Info
Seller/Owner is Licensed: No
Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Aspen Association
ADU: No
Listing Date: 2025-06-06
County: Pitkin
Financing Info
Metro Tax District: No
Tax Year: 2024
Taxes: 8278.24
Transfer Tax: Yes
HOA Dues Y/N: No
Total HOA Fee Per Year: 0
HOA Transfer Fee: No
Status Change Info
Sold Price Per/SF: 0
Status: Active
Remarks
Public Remarks: Demo permit in place! Building plans on file and a permit secured for the 2026 allotment give you a rare head start to build your Aspen dream home without waiting years in the queue.
Located in East Aspen within walking distance to downtown, the Gondola, and Aspen's premier shopping, dining, and nightlife, this property combines location with opportunity.
Rent: The home is offered partially furnished and with excellent long-term tenants in place, providing immediate rental income while you move forward with your development plans. On a quiet street just 1.5 blocks from a shuttle stop and minutes from town via the nearby Hopkins Street footbridge, it also sits in the highly regarded Aspen School District - making it a strong rental investment.
Develop: Included with the sale are plans for a luxury new build, already submitted for permitting. With the demo permit in hand for 2026, this is a truly unique redevelopment opportunity in one of Aspen's most desirable neighborhoods.
Options abound - collect income now, build next. Your Aspen opportunity starts here.
Laundry Facility
Laundry Room: 1
Style
Two Story: 1
Construction
Frame: 1
Exterior
Wood Siding: 1
Cooling
None: 1
Basement/Substructure
Finished: 1
Gas
Natural Gas: 1
Parking Area
Total Parking: 2
Roof
Other: 1
Water
Public: 1
Carport
None: 1
Sanitation
Sewer: 1
Water Rights
No: 1
Extras
Fence: 1
Outdoor Hot Tub/Spa: 1
Storage Shed: 1
Fireplace
# Fireplaces: 1
Gas: 1
Location Amenities
Trees: 1
Views: 1
Mineral Rights
No: 1
Heating
Baseboard: 1
Electric: 1
Documents on File
House Plans: 1
Leases: 1
Radon Test: 1
Survey/ILC: 1
Terms Offered
Cash: 1
New Loan: 1
Possession
Subject to Lease: 1
Inclusions
Dryer: 1
Oven: 1
Range: 1
Refrigerator: 1
Stove Top: 1
Washer: 1
Sign
Yes: 1
Property Features
Laundry Facility: Laundry Room
Style: Two Story
Construction: Frame
Exterior: Wood Siding
Roof: Other
Heating: Baseboard; Electric
Gas: Natural Gas
Water: Public
Cooling: None
Sanitation: Sewer
Carport: None
Possession: Subject to Lease
Extras: Fence; Outdoor Hot Tub/Spa; Storage Shed
Terms Offered: Cash; New Loan
Mineral Rights: No
Water Rights: No
Documents on File: House Plans; Leases; Radon Test; Survey/ILC
Location Amenities: Trees; Views
Sign: Yes
Inclusions: Dryer; Oven; Range; Refrigerator; Stove Top; Washer
Survey - March 2020 
Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Last Updated: June - 04 - 2026
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) 925-6060