$4,204,171Average Value$1,688Average Price per Sq Ft124Homes For Sale
Ski resort meets historic downtown
Through its ski resort, its dozens of culinary and artistic venues and its vintage storefronts, Aspen’s historic downtown expresses the city’s vibrant culture. This Wild West boomtown-turned-skiing mecca and stronghold of counterculture blends resort-style living with upscale dining and shopping scenes. Though this neighborhood is full of multimillion-dollar homes, plenty of smaller and seasonal properties make Aspen living accessible for prices well below the city average of $3.5 million. With the peak of Aspen Mountain just a short gondola ride from the center of the neighborhood, Downtown Aspen is where resort recreation meets trendy living.
Aspen Mountain looms over a bustling ski village below.
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Feeling a "Rocky Mountain High" at Downtown's resort and parks
Downtown is home to the Aspen Mountain Ski Resort, known to locals by its former name “Ajax.” The Silver Queen Gondola connects skiers with the summit, which offers commanding views of the town. This mountain is busiest between December and March when it gets the bulk of its 12 feet of snow, and it doubles as a destination for hiking and jogging during the summertime. During the autumn, Colorado’s colorful nature is on full display. There's also the John Denver Sanctuary, a small nature preserve named for the legendary singer-songwriter who was also a longtime resident. The Director of Visitor Services with the Aspen Chamber Resort Association, Diana Morrissey, says, “The whole park is just beautiful, full of big rocks with the words to his songs. There are five or six songs, maybe, and it’s right along the river. It was a trash dump before a man from the city called John’s widow, Annie, and asked if she’d like to have a memorial. She didn’t like the word ‘memorial,’ so they chose ‘sanctuary’ and created it.” The city also celebrates him with “John Denver Week” when free musical performances are held in the park every October. “People from around the world come just for that," Morrissey says. You can listen to the songs and his words kind of flow by, but, when you stand there, those words go into your being.” Wagner Park serves as Aspen’s main green space, serving as a dog park, a play area for children, the host venue for the annual “Ruggerfest” rugby tournament and even the starting point for the Aspen Valley Marathon.
Aspen Mountain looms over a bustling ski village below.
Aspen Mountain’s iconic logo greets visitors at the heart of the ski experience.
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Fine dining around every corner
Downtown Aspen’s late-19th-century storefronts are today lined with fine dining restaurants, hotels and boutique shops. PARC Aspen, opened in December 2022, has quickly risen to be one of Aspen’s highest-regarded restaurants, serving fine dining dishes like halibut and steak frites in its bar, contemporary fine dining room and private dining room. Next to the ski resort gondola, Ajax Tavern specializes in elevated French and American fare while offering clear views of the ski slopes. High real estate prices and corporate competition have caused many longtime establishments like Jour De Fete and Mezzaluna to close, even as Downtown continues to produce a roster of popular, high-end eateries. Groceries are easy to come by in Downtown, which is home to a City Market grocery store and pharmacy as well as a “Saturday Market” farmers’ market and the artisanal Meat & Cheese Restaurant and Farm Shop.
Inside Clark’s Oyster Bar, guests enjoy drinks and fresh seafood in a warm setting.
Sway Thai delights with bold flavors and a chic atmosphere in downtown Aspen.
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Timeshares and year-round residences in Downtown
Though Downtown Aspen is primarily a hub of the hotel and restaurant industries, this neighborhood is also full of timeshare, condo and townhouse options. Timeshares can sell for between $17,000 and $685,000, depending on a variety of factors. Less expensive homes may offer shorter fixed-week stays at the Aspen Mountain Ski Resort, while pricier options may include guaranteed access to the resort during its most popular months and regular housekeeping. Most year-round condos and townhouses were built from the 1960s to the 2010s, and prices tend to range from $775,000 to $12 million. These properties vary from small downtown studios to vast, 4-bedroom and 5.5-bathroom Craftsman homes with mountain views. Fully detached homes fetch the highest prices, ranging from $7.3 million for a ranch-style home to $48.8 million for a palatial, 7-bedroom Midcentury Modern residence.
Modern condos offer stunning views of Aspen Mountain in a snowy setting.
Residents enjoy walking through Aspen's neighborhoods under a fresh snowfall.
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Skiing champions and innovative students at Aspen High School
Aspen Elementary School receives a B rating from Niche, while Aspen Middle School and Aspen High School each score A-minuses. Aspen High School takes pride in its ski-oriented location, and its student athletes - called the “Skiers” - have scored nearly twenty skiing championships in both the boys’ and girls’ categories. Students can apply their creativity through extracurriculars like the Aeronautics Club, the Robotics Club, Debate Club and even an “Earth Group” dedicated to gardening.
Rotating artwork and performances at local artistic venues
The Aspen Art Museum, located at the heart of Downtown, invites members of the public to visit its rotating exhibits free of charge. Past exhibits include Andy Warhol’s original silkscreen paintings and relics from the ancient city of Pompeii. Just two blocks south of the museum, Belly Up Aspen hosts similarly diverse artistic performances in the form of touring DJs and singers. The Wheeler Opera House, founded in 1889, features operas, film festivals and comedy acts in its Victorian halls.
Vibrant lights and beats electrify the crowd at Belly Up in downtown Aspen.
The Aspen Art Museum showcases contemporary creativity amidst mountain views.
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Getting around Aspen
With its flat terrain and its bus network, Aspen is easily navigable by foot, car and public transport. The Rubey Park Transit Center runs several bus lines that shuttle Aspenites throughout their small city and to its four ski resorts. Level streets create opportunities for brisk strolls through Aspen’s late-19th-century downtown. The Aspen Valley Hospital is just a 2-mile drive from the heart of Downtown at Wagner Park.
Downtown Aspen’s efficient public transit system keeps the community well-connected.
Buses at Rubey Park Transit Center keep Aspen connected year-round.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Annie Baldo,
an experienced agent in this neighborhood.
Parks in this Area
Wagner Park
Glory Hole Park
Rio Grande Park
Paepcke Park
Rio Grande Trail
Aspen Mountain Ski Resort
Aspen Highlands
Aspen Recreation Center
John Denver Sanctuary
Transit
Airport
Aspen-Pitkin County/Sardy Field
10 min drive
Bus
Main St & Galena St
Bus
Main St & 2nd St
Bus
Spring St & Durant Ave
Bus
Main St & 4th St
Bus
Gondola
Bus
Main St & Spring St
Bus
Main St & 6th St
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Aspen
US
Homicide
2
4
Sexual Assault
2
4
Assault with Weapon
1
4
Robbery
3
4
Burglary
6
4
Motor Vehicle Theft
6
4
Larceny
7
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Downtown Aspen, Aspen sell after 126 days on the market compared to the national average of 47 days. The average sale price for homes in Downtown Aspen, Aspen over the last 12 months is $3,234,057, down 24% from the average home sale price over the previous 12 months.
A 1/8 interest grants the buyer 6 weeks of usage a year plus unlimited short notice stays in a beautiful 3 bedroom 3.5 bath corner residence in the heart of downtown Aspen. 5 star services include concierge, valet, daily housekeeping and hot breakfast served by our private chef on our gorgeous private rooftop. Amenities include the luxurious Rejuvenation Spa, fabulous fitness center with massage
A 1/8 interest grants the buyer 6 weeks of usage a year plus unlimited short notice stays in a beautiful 3 bedroom 3.5 bath corner residence in the heart of downtown Aspen. 5 star services include concierge, valet, daily housekeeping and hot breakfast served by our private chef on our gorgeous private rooftop. Amenities include the luxurious Rejuvenation Spa, fabulous fitness center with massage
DOUBLE THE WEEKS IN DOWNTOWN ASPEN. Own in the heart of Aspen - without the full-time commitment. This fixed 6-week fractional ownership opportunity in Unit 202 at the Prospector (Across from the Wheeler Opera House), places you three blocks from Aspen Mountain, world-class shopping and top-tier dining. Enjoy this 1-bedroom, 2-bath condominium with a private balcony, cozy fireplace and in unit
Located just a short walk from both the gondola and downtown, this three-bedroom, three-bathroom condo offers a spacious and comfortable retreat with fantastic amenities. Nestled on a quiet residential street, it is just one block from downtown Aspen and the Rubey Park Transit Center, and only two blocks from both the gondola and Lift 1A. In the summer months, enjoy the comfort of air
Experience luxurious townhouse living in this fully renovated three-bedroom, two-bathroom residence, perfectly positioned next to Koch Park. Spanning three thoughtfully designed levels, the top floor features a private primary suite with a spacious bedroom, elegant bathroom, walk-in closet, and a large deck offering stunning views of Aspen Mountain. The main level is ideal for entertaining, with
This Mountain Queen condo is a rare find in Aspen, offering tranquility, comfort, and prime access to outdoor adventures. Located at the base of Aspen Mountain, this spacious 3-bedroom unit provides privacy, stunning views, and modern comforts, including air conditioning for the summer months. The building features the best amenities in Aspen, all recently renovated, making it the perfect base
Interested in learning more about homes in this area?
Reach out to
Annie Baldo,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
2,348
Median Age
44
Population under 18
17.7%
Below the national average
23.8%
Population over 65
19.2%
On par with the national average
19.1%
Finances
Median Household Income
$110,103
Significantly above the national average
$71,702
Average Household Income
$156,156
Education and Workforce
High School Graduates
97.4%
College Graduates
65.1%
Significantly above the national average
34.1%
Advanced Degrees
18.2%
% Population in Labor Force
77.2%
Above the national average
65.1%
Weather
Annual Precipitation
24''
Average Winter Low Temperature
10°F
Average Summer High Temperature
75°F
Annual Snowfall
127''
Area Factors
Biker's Paradise
Bike Score®
95/ 100
Very Walkable
Walk Score®
83/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
