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Sold for $11,800,000
  • $11,800,000

    981 King St, Aspen, CO 81611

    5beds
    2,697sqft
    Single Family Residence
    Built in 1980
    0.41 Acres Lot
    $11,775,800 Zestimate®
    $4,375/sqft
    $7,808 Estimated rent

    Home value

    $11,775,800

    $10.01M - $14.13M

    $7,808/mo

    Zestimate® history
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    What's special

    Private pond
    Ready to be transformed into the extraordinary! Don't miss the opportunity to reimagine this property overlooking the river with panoramic views of Aspen Mountain and PRIME LOCATION creating your own mountain sanctuary. This 17,809sf lot allows for 4,402sf of FAR above grade, not including garage and below grade space. Existing home with 4 bedrooms, 3 bathrooms, 1 car garage, plus a 1 bedroom, 1 bathroom deed restricted apartment, includes ample parking, water rights and a private pond. Enjoy the serene location away from the street and adjacent to the Garrish City Park. www.981kingst-unbranded.com

    Zillow last checked:

    Listing updated:

    Listed by:

    Galen Bright, GRI, CNE (970)920-1833,

    Setterfield & Bright

    Bought with:

    Michael Fox, FA.100085647

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Source: AGSMLS,MLS#: 182218

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: Inside
    Features
    • Basement: Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,697
    • Total interior livable area: 2,697 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Lot
    • Size: 0.41 Acres
    • Features: Cul-De-Sac, Landscaped
    Details
    • Parcel number: 273707453004
    • Zoning: R-6

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Stone Veneer, Frame
    • Foundation: Slab
    Condition
    • Good
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Astor Subdivision
    Location
    • Region: Aspen

    Financial & listing details

    • Price per square foot: $4,375/sqft
    • Tax assessed value: $6,387,600
    • Annual tax amount: $12,931
    • Date on market: 1/12/2024
    • Listing terms: New Loan,Cash
    • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Dishwasher

    Price history

    DateEventPrice
    7/14/2025Sold$11,800,000-15.4%$4,375/sqft
    Source: AGSMLS #182218 Report a problem
    7/9/2025Pending sale$13,950,000$5,172/sqft
    Source: AGSMLS #182218 Report a problem
    4/14/2025Contingent$13,950,000$5,172/sqft
    Source: AGSMLS #182218 Report a problem
    3/25/2024Price change$13,950,000-12.5%$5,172/sqft
    Source: AGSMLS #182218 Report a problem
    2/10/2024Price change$15,950,000-5.9%$5,914/sqft
    Source: AGSMLS #182218 Report a problem
    1/12/2024Listed for sale$16,950,000-8.4%$6,285/sqft
    Source: AGSMLS #182218 Report a problem
    1/9/2024Listing removed--
    Source: AGSMLS #180254 Report a problem
    12/1/2023Price change$18,500,000-11.9%$6,859/sqft
    Source: AGSMLS #180254 Report a problem
    9/6/2023Price change$21,000,000-4.5%$7,786/sqft
    Source: AGSMLS #180254 Report a problem
    7/18/2023Price change$22,000,000-12%$8,157/sqft
    Source: AGSMLS #180254 Report a problem
    7/13/2023Listed for sale$25,000,000+525.8%$9,270/sqft
    Source: Owner Report a problem
    10/24/2022Price change$28,000-6.7%$10/sqft
    Source: Zillow Rental Manager Report a problem
    10/4/2022Listed for rent$30,000+7.1%$11/sqft
    Source: Zillow Rental Manager Report a problem
    11/29/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    11/6/2021Price change$28,000+21.7%$10/sqft
    Source: Zillow Rental Manager Report a problem
    9/28/2021Price change$23,000-8%$9/sqft
    Source: Zillow Rental Manager Report a problem
    6/21/2021Price change$25,000-13.8%$9/sqft
    Source: Zillow Rental Manager Report a problem
    5/21/2021Price change$29,000+11.5%$11/sqft
    Source: Zillow Rental Manager Report a problem
    7/2/2020Listed for rent$26,000$10/sqft
    Source: Owner Report a problem
    2/20/2020Listing removed$26,000$10/sqft
    Source: Owner Report a problem
    1/27/2020Price change$26,000+73.3%$10/sqft
    Source: Owner Report a problem
    7/10/2019Listed for rent$15,000$6/sqft
    Source: Owner Report a problem
    6/21/2014Listing removed$3,995,000$1,481/sqft
    Source: Aspen Snowmass Sotheby's International Realty #132472 Report a problem
    12/28/2013Listed for sale$3,995,000+1.1%$1,481/sqft
    Source: Aspen Snowmass Sotheby's International Realty #132472 Report a problem
    7/21/2013Listing removed$3,950,000$1,465/sqft
    Source: Aspen Snowmass Sotheby's International Realty #122119 Report a problem
    6/12/2013Listed for sale$3,950,000+86.4%$1,465/sqft
    Source: Aspen Snowmass Sotheby's International Realty #122119 Report a problem
    3/26/2001Sold$2,119,600$786/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,931 +9.2%$399,230 +0.6%
    2024$11,842 +14.3%$397,010 -0.7%
    2023$10,358 +0.4%$399,850 +41.5%
    2022$10,314 $282,540 -2.8%
    2021-- $290,670 +8%
    2020$9,698 +0.8%$269,210
    2019$9,618 +19.5%$269,210 -0.7%
    2018$8,045 $271,090 +21.5%
    2017$8,045 +13.3%$223,190 -6.7%
    2016$7,099 -8.6%$239,210
    2015$7,768 +6.7%$239,210 +7.9%
    2014$7,281 $221,700
    2013-- $221,700 -26.3%
    2012$9,519 $300,740
    2011-- $300,740 -23.1%
    2010-- $391,070
    2009-- $391,070 +35.3%
    2008$8,773 +40.2%$289,040
    2006$6,259 +19.7%$289,040 +52.3%
    2005$5,230 $189,730 +10.2%
    2004-- $172,100
    2003-- --
    2002-- --
    2001-- --
    2000-- --
    1999-- $1,304,100
    Find assessor info on the county website

    Neighborhood: 81611

    Nearby schools

    GreatSchools rating
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    $11,775,800
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