700 & 701 S Garmisch Street, Aspen, CO 81611
$12,500,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
3,060
Lot Size (sq. ft.):
108,900
Status:
Closed
Current Price:
$12,300,000
List Date:
2/10/2020
Last Modified:
12/30/2020
Description
Unique development opportunity at the base of Lift 1A within the core of Aspen. Lots 1 and 2 of the Barbee Subdivision are offered together for the first time ever. Direct access to trails and views while being able to walk to Aspen's vibrant downtown and Lift 1 Base area approved for major improvements. Lot 1 is 2.3 acres with a non-historic home that is approximately 3,000 square feet and allows for redevelopment of 4,500 square feet above-grade. Lot 2 is 11,705 square feet with the ability to build 4,500 square feet above-grade. All sub-grade space is exempt. The affordable housing impact requirements have been satisfied on Lot 2. The years of gaining subdivision approvals give these lots an advantage to start the building process. See documents tab for zoning summary.
More Information MLS# 159715
Location Info
Current Price: $12,300,000
Type: Single Family Residence
Right of First Refusal: No
Major Area: Aspen
Area: 01-Central Core
Original List Price: 13950000
Asking Price: 12500000
Street #: 700 & 701
Street Direction Pfx: S
Street Name: Garmisch
Street Suffix: Street
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Furnished: No
Keywords Info
Bedrooms: 3
Total Baths: 3
Baths - Full: 3
Lot Size: Refer to Acreage
Acreage: 1 - 3
Garage: None
Pre-Fabricated Home: No
Listing Info
Listing Date: 2019-06-10
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
County: Pitkin
General Info
Sub/Loc: Barbee Family PUD
Legal: Lot: 1 and Lot: 2 BARBEE FAMILY PUD
Zoning: R-15 and AH1/PUD
Nbr of Acres: 2.5
Lot SqFt: 108900
Lv Ht SqFt: 3060
Total SqFt: 3060
Price/LvH SqFt: 4084.97
Levels: 2
Main Floor Master: No
Year Built: 1880
Year Remodeled: 1972
Parcel #: 273513103001
Directions: From Main Street - take a right (South) on Garmisch. Property is at the end of the street on the right.
Financing Info
Metro Tax District: No
Taxes: 30294
Tax Year: 2019
Transfer Tax: Yes
HOA Dues Y/N: No
Association Fee Frequency: Annually
HOA Transfer Fee: No
Status Change Info
Status: Closed
Under Contract Date: 2020-11-20
Proposed Close Date: 2020-12-29
Sold Date: 2020-12-30
Sold Price: $12,300,000
Sold Price Per/SF: 4019.61
How Sold: Conventional Fixed
Remarks
Public Remarks: Unique development opportunity at the base of Lift 1A within the core of Aspen. Lots 1 and 2 of the Barbee Subdivision are offered together for the first time ever. Direct access to trails and views while being able to walk to Aspen's vibrant downtown and Lift 1 Base area approved for major improvements. Lot 1 is 2.3 acres with a non-historic home that is approximately 3,000 square feet and allows for redevelopment of 4,500 square feet above-grade. Lot 2 is 11,705 square feet with the ability to build 4,500 square feet above-grade. All sub-grade space is exempt. The affordable housing impact requirements have been satisfied on Lot 2. The years of gaining subdivision approvals give these lots an advantage to start the building process. See documents tab for zoning summary.
Property Features
Laundry Facility: Area
Style: Cabin
Construction: Frame
Exterior: Log Siding; Stone Siding; Wood Siding
Roof: Composition Shingles
Heating: Forced Air; Natural Gas
Gas: Natural Gas
Sanitation: Sewer
Possession: DOD
Terms Offered: Cash
Location Amenities: Corner Lot; Trees; Views
Sign: Yes
Unit Faces: East; North
Documents
Zoning Summary ›Listing Office: Coldwell Banker Mason Morse-Aspen
Last Updated: December - 30 - 2020
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
(970) 925-7000
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