220 Draw Drive, Aspen, CO 81611

$8,007,500
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,620 Lot Size (sq. ft.): 30,056 Status: Closed
Current Price: $8,007,500 List Date: 12/10/2022 Last Modified: 9/01/2024

Overview

Description

This home can be a wonderful remodel or a new house on a great lot. It is an extraordinary Red Mountain Lot that includes wooded hillside with Aspens & Oak & mountain views that are South & West. Located on the lower part of Red Mountain it is a quick & easy drive into Aspen. This home could be remodeled or totally rebuilt to 8,657 square feet by either going through Growth Management or buying a TDR's. The main home currently has 3 bedrooms, 3.5 bathrooms & an office, which was the original master bedroom which could be a 4th bedroom. There is also a free-standing Caretaker House with a kitchen, bath, & large studio space for bedroom/ living area. Outside there are two large decks, one with a hot tub, & two-car garage.If you have been looking for a home site or home under $8.8 Million on RED MOUNTAIN, here it is. The sale is subject to a rental in the main house through September 19, 2023 and subject to a rental in the guest house that has a 60 day move out clause.

Supplements: If you have been looking for a home site or home under $8.8 Million on RED MOUNTAIN, here it is. The sale is subject to a rental in the main house through September 19, 2023 and subject to a rental in the guest house that has a 60 day move out clause.

Listing Details MLS# 177654

Location Info

Type
Single Family Residence
Major Area
Aspen
Area
01-Red Mountain
Original List Price
8995000
Asking Price
8795000
Street #
220
Street Name
Draw
Street Suffix
Drive
City/Town
Aspen
State/Province
CO
Postal Code
81611
Furnished
Partially

Keywords Info

Total Baths
5
Baths - Full
3
Baths - 3/4
Yes
Baths - Half
Yes
Acreage
Unknown
Garage Spaces
2
Pre-Fabricated Home
No

Listing Info

New Construction
No
Seller/Owner is Licensed
No
Short Sale
No
REO
No
Auction
No
In Foreclosure
No
Member Association
Aspen Association
County
Pitkin
ADU
Yes

General Info

Sub/Loc
Ridge of Red Mountain
Legal
Ridge of Red Mountain Lot 26
Zoning
residential
Nbr of Acres
0.69
Lot SqFt
30056
Lv Ht SqFt
4620
LvHtSqFt (Abv Grnd)
468
Total SqFt
4620
Price/LvH SqFt
1903.68
Garage SqFt
500
Pt/Dk SqFt
400
ud_i_02
2
Main Floor Primary Bedroom
No
Year Built
1990
Unit Faces
South
Parcel #
273501404012
Directions
Take Red Mountain Road to Draw Drive turn right, and 220 Draw Drive is located on the left-hand side of the street.

Financing Info

Metro Tax District
No
Taxes
14294.8
Tax Year
2022
Transfer Tax
No
HOA Dues Y/N
Yes
Association Fee
1343
Association Fee Frequency
Annually
Total HOA Fee Per Year
1343
HOA Transfer Fee
No

Status Change Info

Under Contract Date
2023-06-24
Proposed Close Date
2023-09-25
Sold Date
2023-09-25
Sold Price Per/SF
1733.23
How Sold
Cash

More Information

Remarks

Public Remarks
This home can be a wonderful remodel or a new house on a great lot. It is an extraordinary Red Mountain Lot that includes wooded hillside with Aspens & Oak & mountain views that are South & West. Located on the lower part of Red Mountain it is a quick & easy drive into Aspen. This home could be remodeled or totally rebuilt to 8,657 square feet by either going through Growth Management or buying a TDR's. The main home currently has 3 bedrooms, 3.5 bathrooms & an office, which was the original master bedroom which could be a 4th bedroom. There is also a free-standing Caretaker House with a kitchen, bath, & large studio space for bedroom/ living area. Outside there are two large decks, one with a hot tub, & two-car garage.If you have been looking for a home site or home under $8.8 Million on RED MOUNTAIN, here it is. The sale is subject to a rental in the main house through September 19, 2023 and subject to a rental in the guest house that has a 60 day move out clause.

Electric

Yes
Public

Fireplace

# Fireplaces
2

Parking Area

Total Parking
2

Property Features

Laundry Facility: Laundry Room Style: Two Story Construction: Frame; Stone Condition: Good Heating: Radiant Gas: Natural Gas Water: Public Sanitation: Sewer Fireplace: Wood Burning Carport: 2 Car Possession: DOD Extras: Guest/Caretaker Qtrs; Indoor Jetted Tub; Landscaping; Outdoor Hot Tub/Spa; Security System; Steam Shower; Storage Shed Terms Offered: Cash HOA Fees Includes: Road Maintenance Location Amenities: Borders Public Land; Exposure, Southern; Gentle Topo; Trees; Views Sign: Yes Inclusions: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer; Window Coverings
IDX
Listing Office: Compass Aspen
Source MLS Verified
Last Updated: September - 01 - 2024
Broker Attribution: 970-925-6063

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.