One of Aspen's last remaining ski-in/ski-out estate opportunities, this exceptional 4.5-acre parcel is partially wooded and situated on the lower slopes of Buttermilk Mountain. The property allows for the construction of a residence up to 5,750 square feet, or up to 8,250 square feet with the addition of a Transferable Development Right (TDR). The Activity Envelope is currently in the approval process. Ideally positioned in a central Aspen location, the property offers convenient access to Pitkin County Airport (3 miles), Aspen Highlands (4 miles), Aspen Mountain (4.5 miles), and Snowmass Ski Area (5.5 miles). Buyer to independently verify all development potential to their satisfaction.
Lot/land
$5,500,000
240 Buttermilk Ln, Aspen, CO 81611
--beds
0baths
4.5Acres
Land
Built in ----
4.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Partially wooded
- 187 days |
- 198 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Tyler Davis (970)925-6060,
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Source: AGSMLS,MLS#: 191421
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Lot
- Size: 4.5 Acres
Details
- Parcel number: 273503400036
- Zoning: AR-10
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Buttermilk
Location
- Region: Aspen
Financial & listing details
- Tax assessed value: $7,000,000
- Annual tax amount: $38,610
- Date on market: 1/21/2026
Estimated market value
Not available
Estimated sales range
Not available
$18,000/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Listed for sale | $5,500,000+57.1% |
Source: AGSMLS #191421 Report a problem | ||
| 5/12/2025 | Sold | $3,500,000-11.4% |
Source: AGSMLS #181150 Report a problem | ||
| 3/13/2025 | Contingent | $3,950,000 |
Source: AGSMLS #181150 Report a problem | ||
| 2/6/2025 | Price change | $3,950,000-6% |
Source: AGSMLS #181150 Report a problem | ||
| 1/9/2025 | Listed for sale | $4,200,000 |
Source: AGSMLS #181150 Report a problem | ||
| 12/27/2024 | Contingent | $4,200,000 |
Source: AGSMLS #181150 Report a problem | ||
| 11/7/2024 | Price change | $4,200,000-6.5% |
Source: AGSMLS #181150 Report a problem | ||
| 10/29/2024 | Price change | $4,490,000-10.1% |
Source: AGSMLS #181150 Report a problem | ||
| 10/2/2024 | Price change | $4,995,000-5.3% |
Source: AGSMLS #181150 Report a problem | ||
| 9/25/2024 | Price change | $5,275,000-1.9% |
Source: AGSMLS #181150 Report a problem | ||
| 9/13/2024 | Listed for sale | $5,375,000 |
Source: AGSMLS #181150 Report a problem | ||
| 9/4/2024 | Listing removed | $5,375,000 |
Source: AGSMLS #181150 Report a problem | ||
| 9/3/2024 | Price change | $5,375,000-1.8% |
Source: AGSMLS #181150 Report a problem | ||
| 7/3/2024 | Price change | $5,475,000-8.4% |
Source: AGSMLS #181150 Report a problem | ||
| 4/12/2024 | Price change | $5,975,000-0.4% |
Source: AGSMLS #181150 Report a problem | ||
| 9/26/2023 | Listed for sale | $6,000,000 |
Source: AGSMLS #181150 Report a problem | ||
| 9/18/2023 | Listing removed | -- |
Source: AGSMLS #181041 Report a problem | ||
| 9/15/2023 | Listed for sale | $6,000,000-11.8% |
Source: AGSMLS #181041 Report a problem | ||
| 12/14/2022 | Listing removed | -- |
Source: AGSMLS #173287 Report a problem | ||
| 1/10/2022 | Listed for sale | $6,800,000+267.6% |
Source: AGSMLS #173287 Report a problem | ||
| 9/4/2013 | Sold | $1,850,000-38.2% |
Source: Public Record Report a problem | ||
| 6/21/2013 | Listed for sale | $2,995,000 |
Source: Aspen Snowmass Sotheby's International Realty #118812 Report a problem | ||
| 5/16/2013 | Listing removed | $2,995,000 |
Source: Aspen Snowmass Sotheby's International Realty #118812 Report a problem | ||
| 3/22/2013 | Price change | $2,995,000-11.8% |
Source: Aspen Snowmass Sotheby's International Realty #118812 Report a problem | ||
| 1/5/2013 | Price change | $3,395,000-31.4% |
Source: Aspen Snowmass Sotheby's International Realty #118812 Report a problem | ||
| 10/4/2012 | Listed for sale | $4,950,000+27.7% |
Source: Aspen Snowmass Sotheby's International Realty #118812 Report a problem | ||
| 8/17/2007 | Sold | $3,876,000+40.9% |
Source: Public Record Report a problem | ||
| 9/6/2006 | Sold | $2,750,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $63,006 +8.4% | $1,890,000 +8.6% |
| 2024 | $58,108 +57.7% | $1,740,000 +3.9% |
| 2023 | $36,851 +2.2% | $1,674,000 +113.8% |
| 2022 | $36,075 | $783,000 |
| 2021 | -- | $783,000 +12.5% |
| 2020 | $34,117 +4% | $696,000 |
| 2019 | $32,800 +2.5% | $696,000 |
| 2018 | $32,011 | $696,000 +4.3% |
| 2017 | $32,011 +14.4% | $667,000 |
| 2016 | $27,983 -1.3% | $667,000 |
| 2015 | $28,341 +184% | $667,000 -17.9% |
| 2014 | $9,980 | $812,000 +237.1% |
| 2013 | -- | $240,850 -0.6% |
| 2012 | $9,855 | $242,330 |
| 2011 | -- | $242,330 -30.2% |
| 2010 | -- | $347,340 |
| 2009 | -- | $347,340 +101.1% |
| 2008 | $7,336 +26% | $172,680 |
| 2006 | $5,821 +7.3% | $172,680 +44.5% |
| 2005 | $5,423 | $119,530 +0.1% |
| 2004 | -- | $119,360 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
| 1999 | -- | $1,077,800 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 81611
Nearby schools
GreatSchools rating
- 8/10Aspen Elementary SchoolGrades: PK-4Distance: 1.3 mi
- 5/10Aspen Middle SchoolGrades: 5-8Distance: 1.3 mi
- 9/10Aspen High SchoolGrades: 9-12Distance: 1.3 mi
- $6,438,5003 bd2 ba840 sqft485 Buttermilk Ln, Aspen, CO 81611Off Market
- $7,696,8004 bd3 ba3.3k sqft200 Buttermilk Ln, Aspen, CO 81611Off Market
- $--7 bd7 ba14k sqft220 W Buttermilk Rd, Aspen, CO 81611Off Market
- $225,0007 bd10 ba15k sqft220 Buttermilk Ln, Aspen, CO 81611For Rent
- $4,053,1005 bd3 ba2k sqft80 Buttermilk Lane, Aspen, CO 81611Off Market
- $21,411,1006 bd6 ba8.7k sqft230 Eagle Pines Dr, Aspen, CO 81611Off Market
- $998,40083.3 AcresW Buttermilk Rd, Aspen, CO 81611Off Market
- $6,288,0001 bd1 ba964 sqft594 W Buttermilk Rd, Aspen, CO 81611Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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