42 Pitkin Way, Aspen, CO 81611
$25,000,000
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:
6/05/2023
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.
More Information MLS# 177506
Location Info
Current Price: $15,375,000
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
Lot Size: 32,001 - 43,000
Acreage: Refer to Lot Size
Listing Info
Listing Date: 2022-11-21
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
Status Change Info
Status: Closed
Under Contract Date: 2023-03-31
Proposed Close Date: 2023-05-22
Sold Date: 2023-06-05
Sold Price: $15,375,000
How Sold: Cash
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.
Property Features
Possible Use: Single Family
Lot Description: Flat; View; Wooded Lot
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
Listing Office: Compass
Last Updated: June - 05 - 2023
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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