42 Pitkin Way, Aspen, CO 81611

$15,375,000
Property Type: RES Vacant Land Lot Size (sq. ft.): 36,154 Status: Closed
Current Price: $15,375,000 List Date: 11/21/2022 Last Modified: 9/04/2024

Overview

Description

If you subscribe to the time-tested real estate adage ''location, location, location,'' then this almost one-acre lot in Pitkin Reserve is what you are looking for. Located on lower Red Mountain, this pristine, flat building site provides dramatic views of Aspen Mountain, The Highlands, and Buttermilk. Your property is adjacent to The Rio Grand Trail, providing easy access to the Aspen Institute, the Music Tent, and downtown Aspen. This a perfect opportunity to design and build your multi-generational legacy property in one of Aspen's most coveted and prestigious neighborhoods.

Listing Details MLS# 177506

Location Info

Type
Single Family Lot
Sub-Type
N/A
Major Area
Aspen
Area
01-Red Mountain
Original List Price
25000000
Asking Price
25000000
Street #
42
Street Name
Pitkin
Street Suffix
Way
City/Town
Aspen
State/Province
CO
Postal Code
81611

Keywords Info

Acreage
Refer to Lot Size

Listing Info

Short Sale
No
REO
No
Foreclosure
No
Auction
No
Member Association
Aspen Association

General Info

List Price Per/Acre
30120481
Sold Price Per/Acre
18524096
Sub/Loc
Red Mountain
Legal
Subdivision: PITKIN RESERVE Lot: 6 PLUS 1/6 INTEREST IN LOT 7 LESS 207 SQFT PER REC 583702-03
Lot SqFt
36154
Nbr of Acres
0.83
County
Pitkin
Zoning
Residential City R30
FAR
Yes
Sold Price Per/SF
425.26
Orig List Price Per/SF
691.49
Parcel #
273501407006
Directions
From Willoughby Way, turn left onto Pitkin Way. Lot is on your left.
Asking Price Per/SF
691.49

Financing Info

Metro Tax District
No
Taxes
98345.8
Tax Year
2022
Transfer Tax
Yes
HOA Dues Y/N
Yes
Association Fee
5338
Association Fee Frequency
Annually
Total HOA Fee Per Year
5338

Status Change Info

Under Contract Date
2023-03-31
Proposed Close Date
2023-05-22
Sold Date
2023-06-05
How Sold
Cash

More Information

Remarks

Public Remarks
If you subscribe to the time-tested real estate adage ''location, location, location,'' then this almost one-acre lot in Pitkin Reserve is what you are looking for. Located on lower Red Mountain, this pristine, flat building site provides dramatic views of Aspen Mountain, The Highlands, and Buttermilk. Your property is adjacent to The Rio Grand Trail, providing easy access to the Aspen Institute, the Music Tent, and downtown Aspen. This a perfect opportunity to design and build your multi-generational legacy property in one of Aspen's most coveted and prestigious neighborhoods.

Possible Use

Single Family
Yes

Lot Description

Flat
Yes
View
Yes
Wooded Lot
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Water Rights

None
Yes

Mineral Rights

No
Yes

Crops

No
Yes

Documents on File

Easements
Yes
Survey
Yes

Disclosures

Easements
Yes

Terms Offered

Cash
Yes
New Loan
Yes

Possession

DOD
Yes
Negotiable
Yes

Showing Instructions

24 Hour Notice
Yes
Call Listing Office
Yes

Sign

No
Yes

Property Features

Possible Use: Single Family Lot Description: Flat; View; Wooded Lot Water: Public Sanitation: Sewer Mineral Rights: No Water Rights: None Crops: No Documents on File: Easements; Survey Disclosures: Easements Terms Offered: Cash; New Loan Possession: DOD; Negotiable Showing Instructions: 24 Hour Notice; Call Listing Office Sign: No
IDX
Listing Office: Compass Aspen
Source MLS Verified
Last Updated: September - 04 - 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.