700 Garmisch Street
Aspen, CO 81611

Property

Ownership: Single Family
Type: Land
Pets: Pets Unknown
Lot Size: 11705 sq ft

Financials

Price: $24,500,000
210 N Main St, Breckenridge, CO 80424
Courtesy of Aspen Snowmass Sotheby's International Realty - Hyman Mall

Description

This is it, the only undeveloped single-family property in the Lift 1 Aspen Mountain base area. Lot 2 of the Barbee Family PUD is Located only a 400 ft, gentle grade walk from the planned Lift 1 ski lift and redeveloped area. Situated only three blocks to the heart of downtown Aspen's shopping, dining and nightlife. The homesite also backs to conserved open space that is a forever protected scenic wildlife area that has ideal access to trails and local pocket park, great for dog lovers. A building permit is pending and all affordable housing obligations and land use requirements have been satisfied. Compare that to other properties in Aspen that are subject to a lengthy, often multi-year entitlement and development process. Adjacent lot sold for $24,500,000 in 2021.The years of gaining subdivision approvals and planning give this lot a distinct advantage and is great to buy and build or hold as an investment. Lot 2 of the Barbee Subdivision is 11,705 square feet with the ability to build 4,500 square feet above-grade. All sub-grade space is exempt. The new chair lift/gondola that is slated to be developed makes this homesite ski accessible on Aspen Mountain with a rare, easy path to a new construction home in prime downtown Aspen. The years of gaining subdivision approvals and planning give this lot a distinct advantage and is great to buy and build or hold as an investment. Lot 2 of the Barbee Subdivision is 11,705 square feet with the ability to build 4,500 square feet above-grade. All sub-grade space is exempt. The new chair lift/gondola that is slated to be developed makes this homesite ski accessible on Aspen Mountain with a rare, easy path to a new construction home in prime downtown Aspen.

Amenities

  • Natural Gas Available

Neighborhood

More listings:

This is it, the only undeveloped single family property in the Lift 1 Aspen Mountain base area.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.