220 American Lane, Aspen, CO 81611

$27,500,000
Property Type: RES Vacant Land Lot Size (sq. ft.): 245,678 Status: Closed
Current Price: $21,000,000 List Date: 5/16/2018 Last Modified: 3/23/2021

Description

An opportunity to own a significant piece of Aspen's prestigious real estate with sensational views and privacy. With full approvals for a 19,750 Sq Ft home, this is the last home of this size approved in the county and it's less than 3 minutes from downtown. The premium 5.64 acre lot is one of 5 sites on a 33 acre compound. Situated at the base of Red Mountain, the parcel boasts unobstructed views of Aspen Mountain and expansive vistas to the east and west. Plans for a mountain contemporary home are ready to submit for permit after buyer reviews and revises to his/her vision. All utilities will be brought to lot line including electric, gas, water, and sewer. Dry utility also in place (for Comcast, etc). Major excavation completed.Pump house being moved to lot line Building envelope: 1.4 acres or 61,000 sq. ft. + 25,000 sq. ft. of landscape Water finalized with water and sanitation dept. ***Architectural plans are based on the seller's personal home which we can show as the model. Separate structures: - 1000 SF detached quarters and can have a kitchen - Separate structure with whatever amount of square footage attached to main structure by breezeway or underground walkway but cannot have a kitchen.

Supplements: Pump house being moved to lot line Building envelope: 1.4 acres or 61,000 sq. ft. + 25,000 sq. ft. of landscape Water finalized with water and sanitation dept. ***Architectural plans are based on the seller's personal home which we can show as the model. Separate structures: - 1000 SF detached quarters and can have a kitchen - Separate structure with whatever amount of square footage attached to main structure by breezeway or underground walkway but cannot have a kitchen.

More Information MLS# 154057

Location Info

Current Price: $21,000,000 Type: Single Family Lot Sub-Type: N/A Major Area: Aspen Area: 01-Red Mountain Original List Price: 29950000 Asking Price: 27500000 Street #: 220 Street Name: American Street Suffix: Lane City/Town: Aspen State/Province: CO Postal Code: 81611

Keywords Info

Lot Size: Refer to Acreage Acreage: 5.1 - 10

Listing Info

Listing Date: 2018-03-23 Short Sale: No REO: No Foreclosure: No Auction: No Member Association: Aspen Association

General Info

List Price Per/Acre: 4875886 Sold Price Per/Acre: 3723404 Sub/Loc: Red Mountain Legal: Subdivision: RUBEY Lot: 2 AMENDED Lot SqFt: 245678.4 Nbr of Acres: 5.64 County: Pitkin Zoning: Pitkin County ADU Allowed: Yes FAR: Yes Sold Price Per/SF: 85.48 Allowable FAR: 19,750 Sq Ft Orig List Price Per/SF: 121.91 Parcel #: 273707203002 Directions: Drive up Red Mountain. Take a right on American Lane. The lot is the second on the left. Asking Price Per/SF: 111.93

Financing Info

Metro Tax District: No Taxes: 20288 Tax Year: 2017 Transfer Tax: No HOA Dues Y/N: No

Status Change Info

Status: Closed Under Contract Date: 2019-02-05 Proposed Close Date: 2019-02-08 Sold Date: 2019-02-08 Sold Price: $21,000,000 How Sold: Other

Remarks

Public Remarks: An opportunity to own a significant piece of Aspen's prestigious real estate with sensational views and privacy. With full approvals for a 19,750 Sq Ft home, this is the last home of this size approved in the county and it's less than 3 minutes from downtown. The premium 5.64 acre lot is one of 5 sites on a 33 acre compound. Situated at the base of Red Mountain, the parcel boasts unobstructed views of Aspen Mountain and expansive vistas to the east and west. Plans for a mountain contemporary home are ready to submit for permit after buyer reviews and revises to his/her vision. All utilities will be brought to lot line including electric, gas, water, and sewer. Dry utility also in place (for Comcast, etc). Major excavation completed.Pump house being moved to lot line Building envelope: 1.4 acres or 61,000 sq. ft. + 25,000 sq. ft. of landscape Water finalized with water and sanitation dept. ***Architectural plans are based on the seller's personal home which we can show as the model. Separate structures: - 1000 SF detached quarters and can have a kitchen - Separate structure with whatever amount of square footage attached to main structure by breezeway or underground walkway but cannot have a kitchen.

Property Features

Possible Use: Single Family Lot Description: Flat; Pond, Lake, Stream; View Gas: Available Sanitation: Sewer Extras: Pond System Mineral Rights: No Water Rights: Available; Irrigation Crops: No Documents on File: Survey; Other Terms Offered: Cash Possession: DOD Showing Instructions: Call Listing Office; Short Notice Access: Private; Unpaved Sign: Yes
Listing Office: Compass
Last Updated: March - 23 - 2021
220 American Lane, Aspen, CO 81611- MLS# 154057
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Broker Attribution: 970-925-6063

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