A unique opportunity to own a charming lower Red Mountain home graciously situated at the end of Draw Drive. Four bedrooms, three and a half baths, and a separate three-car garage, all strategically positioned on an expansive 1.4-acre parcel capturing breathtaking panoramic vistas. Whether you envision embracing the residence as it stands, expanding the existing footprint, or rebuilding from the ground up, this property offers an unparalleled location, views, and proximity to downtown Aspen. Ability to build up to 12,914 sqft with 3 TDRs. Each pavilion is constructed from climate-positive mass timber, a carbon sequestering material designed to the highest net-zero and passive house energy standards to create a house that can be self-sufficient.
Sold for $11,795,000
$11,795,000
376 Draw Dr, Aspen, CO 81611
4beds
2,480sqft
Single Family Residence
Built in 1974
1.4 Acres Lot
$13,172,200 Zestimate®
$4,756/sqft
$28,000 Estimated rent
Home value
$13,172,200
$11.20M - $15.67M
$28,000/mo
Zestimate® history
Owner options
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$28,000/mo
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$54,595/mo
Est. payment
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$54,595/mo
Est. payment
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List your homeWhat's special
Passive house energy standardsClimate-positive mass timberUnparalleled location
Zillow last checked:
Listing updated:
Listed by:
Steven Shane 970-925-6063,
Compass Aspen
Bought with:
Tommy Kanarellis
Compass Aspen
Source: AGSMLS,MLS#: 174731
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- None
Features
- Basement: Walk-Out Access
- Furnished: Yes
Interior area
- Total structure area: 2,480
- Total interior livable area: 2,480 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Stories: 3
Lot
- Size: 1.4 Acres
Details
- Parcel number: 273501404005
- Lease amount: $0
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Siding, Frame
- Roof: Composition
Condition
- Average
- New construction: No
- Year built: 1974
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Ridge of Red Mountain
HOA
- Has HOA: Yes
- Services included: Snow Removal, Maintenance Grounds
- HOA fee: $896 annually
Location
- Region: Aspen
Financial & listing details
- Price per square foot: $4,756/sqft
- Tax assessed value: $10,209,900
- Annual tax amount: $10,263
- Date on market: 10/3/2023
- Listing terms: New Loan,Cash
Price history
| Date | Event | Price |
|---|---|---|
| 1/25/2024 | Sold | $11,795,000-8.6%$4,756/sqft |
Source: AGSMLS #174731 Report a problem | ||
| 10/5/2023 | Contingent | $12,900,000$5,202/sqft |
Source: AGSMLS #174731 Report a problem | ||
| 10/3/2023 | Listed for sale | $12,900,000$5,202/sqft |
Source: AGSMLS #174731 Report a problem | ||
| 9/9/2023 | Listing removed | -- |
Source: AGSMLS #174731 Report a problem | ||
| 6/30/2023 | Price change | $12,900,000+7.5%$5,202/sqft |
Source: AGSMLS #174731 Report a problem | ||
| 2/7/2023 | Price change | $12,000,000-31.4%$4,839/sqft |
Source: AGSMLS #174731 Report a problem | ||
| 4/27/2022 | Listed for sale | $17,500,000$7,056/sqft |
Source: AGSMLS #174731 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,777 +9.6% | $638,120 +40.4% |
| 2024 | $11,657 +13.6% | $454,590 -0.7% |
| 2023 | $10,263 +0.3% | $457,980 +38.3% |
| 2022 | $10,236 | $331,140 -2.8% |
| 2021 | -- | $340,670 +14.1% |
| 2020 | $9,015 +0.5% | $298,590 |
| 2019 | $8,966 +14% | $298,590 -0.7% |
| 2018 | $7,868 | $300,680 +14.3% |
| 2017 | $7,868 +15.1% | $263,090 +9.2% |
| 2016 | $6,835 +7.7% | $240,900 |
| 2015 | $6,347 -2.6% | $240,900 -2.7% |
| 2014 | $6,514 | $247,560 |
| 2013 | -- | $247,560 +0.4% |
| 2012 | $6,517 | $246,680 |
| 2011 | -- | $246,680 -25% |
| 2010 | -- | $328,830 |
| 2009 | -- | $328,830 +20% |
| 2008 | $6,623 +43.8% | $274,130 |
| 2006 | $4,607 +1.3% | $274,130 +64.1% |
| 2005 | $4,548 | $167,090 -8.3% |
| 2004 | -- | $182,280 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
| 1999 | -- | $1,771,900 |
Find assessor info on the county website
Neighborhood: 81611
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Aspen Elementary SchoolGrades: PK-4Distance: 1.7 mi
- 8/10Aspen Middle SchoolGrades: 5-8Distance: 1.7 mi
- 8/10Aspen High SchoolGrades: 9-12Distance: 1.7 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$13,172,200
2% more
+$263K
With Zillow Showcase(estimated)
$13.4M
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$13,172,200
2% more
+$263K
With Zillow Showcase(estimated)
$13.4M
- Colorado
- Pitkin County
- Aspen
- 81611
- 376 Draw Dr
