$32,000,000
Aspen, CO 81611
MLS# 194389
7 beds | 6 baths | 6802 sqft
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Property Description
Rarely does an Aspen estate of this magnitude, privacy, and rich historical lineage become available. Formerly owned by the Paepcke family and designed by renowned, AIA award-winning architect Harry Teague, this extraordinary home on 11.79 magical acres represents the largest and most secluded property currently available on Aspen's coveted Red Mountain. Situated within the exclusive and gated Erickson Ranch, this property offers a rare combination of sweeping views, acreage, architectural prestige, and deep local history. Designed to seamlessly integrate with its dramatic alpine environment, the 6,802-square-foot contemporary masterpiece captures panoramic vistas stretching from Highlands all the way to Mount Sopris. Flooded with natural light through soaring floor-to-ceiling windows, the interior features expansive living spaces perfect for entertaining, 7 bedrooms and 5.5 bathrooms with the primary on the main level. Outside, the sprawling 12 acres borders common ranch land, providing an oasis of ultimate serenity and natural beauty just minutes away from downtown Aspen's world-class dining, shopping, and skiing. 700 Nell Erickson Road is a prized multi-generational family retreat and a crowning achievement in luxury mountain living.
Details
General Info
Sub/Loc: Erickson Ranch
Legal: LOT 1, ERICKSON RANCH SUBDIVISION, according to the First Amended Plat of Lot 1 and Lot 3 Erickson Ranch Subdivision recorded October 15, 2007 in Plat Book 85 at Page 26 and the Second Amended Plat of Lot 1 and Lot 3 Erickson Ranch Subdivision recorded December 12, 207 in Plat Book 85 at Page 95, Pitkin County, Colorado.
Zoning: AFR-10
Nbr of Acres: 11.79
Lot SqFt: 513572
Lv Ht SqFt: 6802
Total SqFt: 6802
Price/LvH SqFt: 4704.5
Main Floor Primary Bedroom: Yes
Year Built: 2002
Parcel #: 273501358001
Directions: From Red Mountain Road, turn left at Draw Drive. Continue straight to the Nell Erickson Ranch Road. House is on the left.
Location Info
Current Price: $32,000,000
Type: Single Family Residence
Lot Size: Refer to Acreage
Major Area: Aspen
Area: 01-Red Mountain
Original List Price: 32000000
Asking Price: 32000000
Street #: 700
Street Name: Nell Erickson
Street Suffix: Road
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Furnished: Furnished
Geo Lat: 39.211635
Geo Lon: -106.83513
Keywords Info
Bedrooms: 7
Total Baths: 6
Baths - Full: 5
Baths - Half: 1
Acreage: 11 - 20
Garage: Yes
Garage Spaces: 2
Pre-Fabricated Home: No
Listing Info
New Construction: No
Listing Date: 2026-08-31
Seller/Owner is Licensed: No
REO: No
Member Association: Aspen Association
County: Pitkin
Financing Info
Metro Tax District: No
Taxes: 44706.52
Tax Year: 2025
Transfer Tax: No
HOA Dues Y/N: Yes
Association Fee: 25000
Association Fee Frequency: Quarterly
Total HOA Fee Per Year: 100000
HOA Transfer Fee: No
Status Change Info
Status: Active
Remarks
Public Remarks: Rarely does an Aspen estate of this magnitude, privacy, and rich historical lineage become available. Formerly owned by the Paepcke family and designed by renowned, AIA award-winning architect Harry Teague, this extraordinary home on 11.79 magical acres represents the largest and most secluded property currently available on Aspen's coveted Red Mountain. Situated within the exclusive and gated Erickson Ranch, this property offers a rare combination of sweeping views, acreage, architectural prestige, and deep local history. Designed to seamlessly integrate with its dramatic alpine environment, the 6,802-square-foot contemporary masterpiece captures panoramic vistas stretching from Highlands all the way to Mount Sopris. Flooded with natural light through soaring floor-to-ceiling windows, the interior features expansive living spaces perfect for entertaining, 7 bedrooms and 5.5 bathrooms with the primary on the main level. Outside, the sprawling 12 acres borders common ranch land, providing an oasis of ultimate serenity and natural beauty just minutes away from downtown Aspen's world-class dining, shopping, and skiing. 700 Nell Erickson Road is a prized multi-generational family retreat and a crowning achievement in luxury mountain living.
Fireplace
# Fireplaces: 2
Property Features
Laundry Facility: Laundry Room
Style: Contemporary
Construction: Frame
Exterior: Metal; Stone Veneer; Stucco; Wood Siding
Roof: Metal
Condition: Excellent
Heating: Radiant
Electric: Electricity Connected
Gas: Natural Gas Connected
Water: Well - Household
Cooling: None
Sanitation: Sewer
Energy Efficiency: Passive Solar Design
Fireplace: Gas
Extras: Barn or Corral; Indoor Jetted Tub; Outdoor Hot Tub/Spa; Patio/Deck
Mineral Rights: No
Water Rights: Yes
HOA Fees Includes: Road Maintenance; Sewer; Snow Removal; Trash
Location Amenities: Borders Public Land; Exposure, Southern; Gated Community; Gentle Topo; Horse Property; Interior Lot; Pond, Stream, Lake; Trees; Views
Sign: No
Inclusions: Dishwasher; Dryer; Freezer; Microwave; Range; Refrigerator; Washer; Window Coverings
Listing Office: Compass Aspen
Last Updated: August - 31 - 2026
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Broker Attribution:
970-925-6063