$8,900,000
Aspen, CO 81611
MLS# 185472
4 beds | 3 baths | 1828 sqft
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Property Description
Live, Rent, or Develop -Rare opportunity in East Aspen! This charming 4-bedroom home in East Aspen offers a range of possibilities: enjoy it as a personal residence, benefit from its strong rental history, or take advantage of the included development plans to create your Aspen dream home. Located within walking distance to downtown Aspen, the Gondola, and the shopping, dining, and nightlife scene, this property combines convenience with comfort. LIVE: Enjoy the home as-is with features including a fireplace on the main level, newly installed carpet in the bedrooms, a spacious kitchen, an outdoor hot tub and off-street parking. The primary bedroom occupies the upper level for added privacy, while two additional bedrooms are situated on the main floor. The lower level features a separate bedroom complete with a kitchenette and private bath—ideal for use as a nanny suite or in-law unit. RENT: The home is offered partially furnished and currently has excellent long-term tenants, providing immediate rental income. Situated on a quiet street, it's just 1.5 blocks from a shuttle stop and a short walk to town using the nearby footbridge. Located in the highly regarded Aspen School District, this property is an attractive rental investment opportunity. DEVELOP: For those looking to develop, included with the sale are plans for a luxury new build, which have already been submitted for permitting—offering a unique opportunity and head start to build your dream residence in one of Aspen's most desirable locations. OPTIONS abound! Your mountain dream starts here!
Details
Maps
Documents
Location Info
Current Price: $8,900,000
Type: Single Family Residence
Lot Size: 3,001 - 6,000
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
Furnished: No
Keywords Info
Bedrooms: 4
Total Baths: 3
Baths - Full: 3
Acreage: Refer to Lot Size
Pre-Fabricated Home: No
Listing Info
New Construction: No
Listing Date: 2024-09-16
Seller is licensed Realtor: No
Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Aspen Association
County: Pitkin
ADU: No
General Info
Sub/Loc: None
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 THA
Zoning: Residential
Nbr of Acres: 0.14
Lot SqFt: 5950
Lv Ht SqFt: 1828
Total SqFt: 1828
Price/LvH SqFt: 4868.71
Levels: 2
Main Floor Master: No
Year Built: 1970
Unit Faces: Southeast
Parcel #: 273718100043
Directions: From Aspen go East on Cooper Avenue, turn left on Midland Avenue. the home is approximately 2 blocks down on the left.
Financing Info
Metro Tax District: No
Taxes: 15162.48
Tax Year: 2023
Transfer Tax: Yes
HOA Dues Y/N: No
HOA Transfer Fee: No
Status Change Info
Status: Active
Remarks
Public Remarks: Live, Rent, or Develop -Rare opportunity in East Aspen! This charming 4-bedroom home in East Aspen offers a range of possibilities: enjoy it as a personal residence, benefit from its strong rental history, or take advantage of the included development plans to create your Aspen dream home. Located within walking distance to downtown Aspen, the Gondola, and the shopping, dining, and nightlife scene, this property combines convenience with comfort.
LIVE: Enjoy the home as-is with features including a fireplace on the main level, newly installed carpet in the bedrooms, a spacious kitchen, an outdoor hot tub and off-street parking. The primary bedroom occupies the upper level for added privacy, while two additional bedrooms are situated on the main floor. The lower level features a separate bedroom complete with a kitchenette and private bath—ideal for use as a nanny suite or in-law unit.
RENT: The home is offered partially furnished and currently has excellent long-term tenants, providing immediate rental income. Situated on a quiet street, it's just 1.5 blocks from a shuttle stop and a short walk to town using the nearby footbridge. Located in the highly regarded Aspen School District, this property is an attractive rental investment opportunity.
DEVELOP: For those looking to develop, included with the sale are plans for a luxury new build, which have already been submitted for permitting—offering a unique opportunity and head start to build your dream residence in one of Aspen's most desirable locations.
OPTIONS abound! Your mountain dream starts here!
Fireplace
# Fireplaces: 1
Parking Area
Total Parking: 2
Property Features
Laundry Facility: Laundry Room
Style: Two Story
Construction: Frame
Exterior: Wood Siding
Substructure: Finished Basement
Roof: Other
Heating: Baseboard; Electric
Gas: Natural Gas
Cooling: None
Sanitation: Sewer
Indoor Air Quality: Radon System
Fireplace: Gas
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 2.8.21 
Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Last Updated: December - 14 - 2024
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