This home can be a wonderful remodel or a new house on a great lot. It is an extraordinary Red Mountain Lot that includes wooded hillside with Aspens & Oak & mountain views that are South & West. Located on the lower part of Red Mountain it is a quick & easy drive into Aspen. This home could be remodeled or totally rebuilt to 8,657 square feet by either going through Growth Management or buying a TDR's. The main home currently has 3 bedrooms, 3.5 bathrooms & an office, which was the original master bedroom which could be a 4th bedroom. There is also a free-standing Caretaker House with a kitchen, bath, & large studio space for bedroom/ living area. Outside there are two large decks, one with a hot tub, & two-car garage.If you have been looking for a home site or home under $8.8 Million on RED MOUNTAIN, here it is.
The sale is subject to a rental in the main house through September 19, 2023 and subject to a rental in the guest house that has a 60 day move out clause. If you have been looking for a home site or home under $8.8 Million on RED MOUNTAIN, here it is.
The sale is subject to a rental in the main house through September 19, 2023 and subject to a rental in the guest house that has a 60 day move out clause.
Sold for $8,007,500
$8,007,500
220 Draw Dr, Aspen, CO 81611
5beds
4,620sqft
Single Family Residence
Built in 1990
0.69 Acres Lot
$21,208,200 Zestimate®
$1,733/sqft
$54,999 Estimated rent
Home value
$21,208,200
$16.75M - $26.51M
$54,999/mo
Zestimate® history
Owner options
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$54,999/mo
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$54,999/mo
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$37,798/mo
Est. payment
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$37,798/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Heidi Houston 970-925-6063,
Compass Aspen
Bought with:
Whitney McLaughlin, FA.100100242
The Agency Aspen
Source: AGSMLS,MLS#: 177654
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Radiant
Appliances
- Laundry: Inside
Features
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 4,620
- Total interior livable area: 4,620 sqft
- Finished area above ground: 468
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage, Carport
- Garage spaces: 2
- Has carport: Yes
Lot
- Size: 0.69 Acres
- Features: Landscaped
Details
- Parcel number: 273501404012
- Zoning: residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stone, Frame
Condition
- Good
- New construction: No
- Year built: 1990
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Security System
- Subdivision: Ridge of Red Mountain
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $1,343 annually
Location
- Region: Aspen
Financial & listing details
- Price per square foot: $1,733/sqft
- Tax assessed value: $6,472,700
- Annual tax amount: $14,294
- Date on market: 12/10/2022
- Listing terms: Cash
- Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/24/2024 | Listed for rent | $32,000+28%$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/25/2023 | Sold | $8,007,500-9%$1,733/sqft |
Source: AGSMLS #177654 Report a problem | ||
| 6/24/2023 | Contingent | $8,795,000$1,904/sqft |
Source: AGSMLS #177654 Report a problem | ||
| 2/27/2023 | Price change | $8,795,000-7.4%$1,904/sqft |
Source: AGSMLS #177654 Report a problem | ||
| 1/29/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/17/2023 | Price change | $25,000+25%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/16/2023 | Price change | $20,000-20%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/13/2023 | Price change | $25,000+25%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/8/2023 | Price change | $20,000-20%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/2/2023 | Price change | $25,000+25%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/31/2022 | Price change | $20,000-20%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/22/2022 | Price change | $25,000+25%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/20/2022 | Price change | $20,000-20%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/19/2022 | Price change | $25,000+25%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/11/2022 | Price change | $9,500,000+5.6%$2,056/sqft |
Source:  Douglas Elliman #AGS174301 Report a problem | ||
| 12/10/2022 | Price change | $8,995,000-5.3%$1,947/sqft |
Source: AGSMLS #177654 Report a problem | ||
| 12/6/2022 | Price change | $20,000-20%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/13/2022 | Listed for rent | $25,000+25%$5/sqft |
Source: Douglas Elliman #AGS165885 Report a problem | ||
| 10/4/2022 | Listing removed | -- |
Source: Douglas Elliman Report a problem | ||
| 9/16/2022 | Listed for rent | $20,000$4/sqft |
Source: Douglas Elliman #AGS176831 Report a problem | ||
| 7/28/2022 | Price change | $9,500,000-3.6%$2,056/sqft |
Source: AGSMLS #174301 Report a problem | ||
| 5/5/2022 | Price change | $9,850,000-6.2%$2,132/sqft |
Source: Douglas Elliman #AGS174301 Report a problem | ||
| 4/28/2022 | Price change | $10,500,000+6.6%$2,273/sqft |
Source: Douglas Elliman #AGS174301 Report a problem | ||
| 4/4/2022 | Price change | $9,850,000-6.2%$2,132/sqft |
Source: AGSMLS #174301 Report a problem | ||
| 4/1/2022 | Listed for sale | $10,500,000$2,273/sqft |
Source: AGSMLS #174301 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,348 +11.1% | $404,540 -19.5% |
| 2024 | $12,914 -9.9% | $502,500 -0.8% |
| 2023 | $14,332 +0.3% | $506,360 +10.2% |
| 2022 | $14,295 | $459,670 -2.8% |
| 2021 | -- | $472,900 +32.3% |
| 2020 | $10,837 +0.5% | $357,500 |
| 2019 | $10,779 +2.5% | $357,500 -12.3% |
| 2018 | $10,516 | $407,710 +5.8% |
| 2017 | $10,516 +15.1% | $385,390 +27.8% |
| 2016 | $9,135 +14.2% | $301,550 |
| 2015 | $7,999 +0.1% | $301,550 -0.1% |
| 2014 | $7,991 | $301,860 |
| 2013 | -- | $301,860 -9.5% |
| 2012 | $8,810 | $333,480 |
| 2011 | -- | $333,480 -11.6% |
| 2010 | -- | $377,340 |
| 2009 | -- | $377,340 +3.4% |
| 2008 | $8,885 +39.4% | $365,030 |
| 2006 | $6,375 +30.9% | $365,030 +102% |
| 2005 | $4,872 | $180,730 -7.4% |
| 2004 | -- | $195,260 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
| 1999 | -- | $1,787,600 |
Find assessor info on the county website
Neighborhood: 81611
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Nearby schools
GreatSchools rating
- 8/10Aspen Elementary SchoolGrades: PK-4Distance: 1.7 mi
- 5/10Aspen Middle SchoolGrades: 5-8Distance: 1.7 mi
- 9/10Aspen High SchoolGrades: 9-12Distance: 1.7 mi
Sell for more on Zillow
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$21,208,200
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+$424K
With Zillow Showcase(estimated)
$21.6M
- Colorado
- Pitkin County
- Aspen
- 81611
- 220 Draw Dr
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