$11,950,000
531 Gillespie Street
Aspen, CO 81611
MLS# 192020
4 beds  |  4 baths  |  3596 sqft


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Property Description
Discover a rare opportunity to craft your dream home in the highly sought-after West End of Aspen. This property is perfectly situated on a desirable corner lot, directly across from cultural landmarks such as the Aspen Music Tent, Aspen Institute, and Herbert Bayer Museum. Enjoy the stunning natural beauty with access to the Rio Grande Trail for outdoor adventures, along with the amenities of the nearby Aspen Meadows Resort, which features tennis and pickleball facilities. The existing well-maintained residence has been in the same family for over 50 years, offering a unique blend of charm and potential. With an approved demolition permit on file, this property provides the flexibility to either live in, renovate, or build anew--a rare find in one of Aspen's most prestigious neighborhoods. Seize the chance to create a personalized sanctuary in an unbeatable location that combines luxury living with outdoor lifestyle.

Details
General Info
ud_i_02: 3
Legal: HALLAM ADDITION Block: 99 Lot: 1 THRU: -Lot: 3
Zoning: R-6
Lv Ht SqFt: 3596
Unfinished SqFt: 0
Price/LvH SqFt: 3323.14
Directions: 531 GILLESPIE ST, ASPEN, CO 81611
Short Termable: Yes
Main Floor Primary Bedroom: No
Unit Faces: South
Sub/Loc: Hallam Addition
Nbr of Acres: 0.2
Lot SqFt: 9017
Total SqFt: 3596
Year Built: 1968
Parcel #: 273512111003
Location Info
Lot Size: 6,001 - 12,000
Furnished: Partially
Current Price: $11,950,000
Type: Single Family Residence
Major Area: Aspen
Area: 01-West End
Original List Price: 12950000
Asking Price: 11950000
Street #: 531
Street Name: Gillespie
Street Suffix: Street
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Geo Lat: 39.197167
Geo Lon: -106.827168
Keywords Info
Acreage: Refer to Lot Size
Garage: Yes
Garage Spaces: 2
Pre-Fabricated Home: No
Bedrooms: 4
Total Baths: 4
Baths - Full: 3
Baths - Half: 1
Listing Info
Seller/Owner is Licensed: No
REO: No
Member Association: Aspen Association
ADU: No
Listing Date: 2026-03-16
County: Pitkin
Financing Info
Metro Tax District: No
Tax Year: 2025
Taxes: 15460.12
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: Discover a rare opportunity to craft your dream home in the highly sought-after West End of Aspen. This property is perfectly situated on a desirable corner lot, directly across from cultural landmarks such as the Aspen Music Tent, Aspen Institute, and Herbert Bayer Museum. Enjoy the stunning natural beauty with access to the Rio Grande Trail for outdoor adventures, along with the amenities of the nearby Aspen Meadows Resort, which features tennis and pickleball facilities. The existing well-maintained residence has been in the same family for over 50 years, offering a unique blend of charm and potential. With an approved demolition permit on file, this property provides the flexibility to either live in, renovate, or build anew--a rare find in one of Aspen's most prestigious neighborhoods. Seize the chance to create a personalized sanctuary in an unbeatable location that combines luxury living with outdoor lifestyle.
Laundry Facility
In Basement: 1
Laundry Room: 1
Construction
Brick: 1
Exterior
Brick Veneer: 1
Basement/Substructure
Finished: 1
Gas
Natural Gas Connected: 1
Water
Public: 1
Sanitation
Sewer: 1
Water Rights
No: 1
Extras
Fence: 1
Landscaping: 1
Patio/Deck: 1
Fireplace
# Fireplaces: 2
Wood Burning: 1
Location Amenities
Corner Lot: 1
Trees: 1
Views: 1
Mineral Rights
No: 1
Heating
Baseboard: 1
Hot Water: 1
Documents on File
Survey/ILC: 1
Terms Offered
Cash: 1
New Loan: 1
Sign
Yes: 1
Property Features
Laundry Facility: In Basement; Laundry Room
Construction: Brick
Exterior: Brick Veneer
Heating: Baseboard; Hot Water
Gas: Natural Gas Connected
Water: Public
Sanitation: Sewer
Fireplace: Wood Burning
Extras: Fence; Landscaping; Patio/Deck
Terms Offered: Cash; New Loan
Mineral Rights: No
Water Rights: No
Documents on File: Survey/ILC
Location Amenities: Corner Lot; Trees; Views
Sign: Yes

IDX
Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Source MLS Verified

Last Updated: June - 02 - 2026

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Broker Attribution: (970) 925-6060