$11,795,000
Aspen, CO 81611
MLS# 174731
Status: Closed
4 beds | 4 baths | 2480 sqft
1 / 34
Property Description
A unique opportunity to own a charming lower Red Mountain home graciously situated at the end of Draw Drive. Four bedrooms, three and a half baths, and a separate three-car garage, all strategically positioned on an expansive 1.4-acre parcel capturing breathtaking panoramic vistas. Whether you envision embracing the residence as it stands, expanding the existing footprint, or rebuilding from the ground up, this property offers an unparalleled location, views, and proximity to downtown Aspen. Ability to build up to 12,914 sqft with 3 TDRs.
Details
Documents
Location Info
Current Price: $11,795,000
Type: Single Family Residence
Major Area: Aspen
Area: 01-Red Mountain
Original List Price: 17500000
Asking Price: 12900000
Street #: 376
Street Name: Draw
Street Suffix: Drive
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Furnished: Yes
Keywords Info
Bedrooms: 4
Total Baths: 4
Baths - Full: 3
Baths - Half: 1
Lot Size: Refer to Acreage
Acreage: 1 - 3
Garage: 3 Car
Pre-Fabricated Home: No
Listing Info
Listing Date: 2022-04-27
Seller is licensed Realtor: No
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
County: Pitkin
ADU: No
General Info
Sub/Loc: Ridge of Red Mountain
Legal: Subdivision: RIDGE OF RED MOUNTAIN Lot: 33
Zoning: Residential
Nbr of Acres: 1.4
Lot SqFt: 60984
Lv Ht SqFt: 2480
Total SqFt: 2480
Price/LvH SqFt: 5201.61
Garage SqFt: 864
Levels: 3
Main Floor Master: Yes
Year Built: 1974
Unit Faces: South
Parcel #: 273501404005
Directions: From Red Mountain Road, turn left onto Draw Drive. Property will be on the left.
Financing Info
Metro Tax District: No
Taxes: 10263.2
Tax Year: 2022
Transfer Tax: No
HOA Dues Y/N: Yes
Association Fee: 896
Association Fee Frequency: Annually
HOA Transfer Fee: No
Status Change Info
Status: Closed
Under Contract Date: 2023-10-02
Proposed Close Date: 2023-12-01
Sold Date: 2024-01-25
Sold Price: $11,795,000
Sold Price Per/SF: 4756.05
How Sold: Other
Remarks
Public Remarks: A unique opportunity to own a charming lower Red Mountain home graciously situated at the end of Draw Drive. Four bedrooms, three and a half baths, and a separate three-car garage, all strategically positioned on an expansive 1.4-acre parcel capturing breathtaking panoramic vistas. Whether you envision embracing the residence as it stands, expanding the existing footprint, or rebuilding from the ground up, this property offers an unparalleled location, views, and proximity to downtown Aspen. Ability to build up to 12,914 sqft with 3 TDRs.
Property Features
Laundry Facility: Area
Style: Other
Construction: Frame
Exterior: Wood Siding
Substructure: Walkout
Roof: Composition Shingles
Condition: Average
Heating: Electric
Gas: Natural Gas
Cooling: None
Sanitation: Sewer
Possession: DOD
Extras: Patio/Deck
Terms Offered: Cash; New Loan
Mineral Rights: No
Water Rights: No
Documents on File: House Plans; Survey/ILC
HOA Fees Includes: Road Maintenance; Snow Removal
Location Amenities: Trees; Views
Sign: No
Supplements
Each pavilion is constructed from climate-positive mass timber, a carbon sequestering material designed to the highest net-zero and passive house energy standards to create a house that can be self-sufficient.
Land Analysis 
Listing Office: Compass
Last Updated: January - 25 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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Broker Attribution:
970-925-6063