42 PITKIN Way, Aspen, CO 81611
$28,995,000
Property Type:
RES Vacant Land
Lot Size (sq. ft.):
36,481
Status:
Pending
Current Price:
$28,995,000
List Date:
10/04/2023
Last Modified:
4/16/2024
Description
The ultimate development opportunity in the best location in Aspen. Within the prestigious Pitkin Reserve on the river side of Willoughby Way, this pristine, flat building site has incredible development rights you won't find anywhere else this close to Aspen. Build approximately 13,000 square feet with breathtaking south-facing river and mountain views, direct access to the Rio Grande Trail, exceptional privacy, all-day sunshine, and zero Willoughby road traffic impact. Walk or bike to town in minutes. This lot is permit ready; No need for risky demolition allotments or TDRs - development rights are stipulated as part of the Pitkin Reserve approvals.
Schematic drawings are underway and available for review - get involved early and create exactly what you want.
More Information MLS# 181270
Location Info
Current Price: $28,995,000
Type: Single Family Lot
Sub-Type: N/A
Major Area: Aspen
Area: 01-Red Mountain
Original List Price: 28995000
Asking Price: 28995000
Street #: 42
Street Name: PITKIN
Street Suffix: Way
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Keywords Info
Lot Size: 32,001 - 43,000
Acreage: Refer to Lot Size
Listing Info
New Construction: No
Seller is licensed Realtor: Yes
Listing Date: 2023-10-04
Short Sale: No
REO: No
Foreclosure: No
Auction: No
Member Association: Aspen Association
General Info
List Price Per/Acre: 34517857
Sub/Loc: None
Legal: SUBDIVISION: PITKIN RESERVE LOT: 6 PLUS 1/6 INTEREST IN LOT 7 LESS 207 SQFT PER REC 583702-03
Lot SqFt: 36481
Nbr of Acres: 0.84
County: Pitkin
Zoning: Residential City R30
ADU Allowed: Yes
FAR: Yes
Allowable FAR: 6724
Orig List Price Per/SF: 794.8
Parcel #: 273501407006
Directions: Red Mountain Road to Willoughby Way, left into Pitkin Reserve. Immediate left after entering Pitkin Reserve.
Asking Price Per/SF: 794.8
Financing Info
Metro Tax District: No
Taxes: 98345.8
Tax Year: 2022
Transfer Tax: Yes
HOA Dues Y/N: Yes
Association Fee: 6174
Association Fee Frequency: Annually
Total HOA Fee Per Year: 6174
Status Change Info
Status: Pending
Under Contract Date: 2024-04-14
Proposed Close Date: 2024-06-06
Remarks
Public Remarks: The ultimate development opportunity in the best location in Aspen. Within the prestigious Pitkin Reserve on the river side of Willoughby Way, this pristine, flat building site has incredible development rights you won't find anywhere else this close to Aspen. Build approximately 13,000 square feet with breathtaking south-facing river and mountain views, direct access to the Rio Grande Trail, exceptional privacy, all-day sunshine, and zero Willoughby road traffic impact. Walk or bike to town in minutes. This lot is permit ready; No need for risky demolition allotments or TDRs - development rights are stipulated as part of the Pitkin Reserve approvals.
Schematic drawings are underway and available for review - get involved early and create exactly what you want.
Electric
Yes: Public
Property Features
Possible Use: Single Family
Lot Description: River Frontage; View
Gas: Available
Sanitation: Sewer
Mineral Rights: No
Water Rights: None
Crops: No
HOA Fee Includes: Grounds Maintenance; Road Maintenance; Snow Removal
Documents on File: CC & Rs; Survey
Disclosures: Reports Available; Slr Licensed RE Agnt
Terms Offered: Cash; New Loan
Possession: DOD
Showing Instructions: Call Listing Office; Short Notice
Access: Paved
Sign: Yes
Documents
Survey ›Listing Office: Aspen International Properties
Last Updated: April - 16 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
(970) 948-5566
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