$3,950,000
UNDER CONTRACT $2M PRICE DROP

240 Buttermilk Ln Aspen, CO 81611

Estimated payment $24,971/month

Total Views 2,490
4.5 Acres
$877,778 Price per Acre
196,020 Sq Ft Lot

Highlights

  • Ski Accessible
  • Green Building
  • No HOA
  • Aspen Middle School Rated A-
  • Wooded Lot
  • Views

About This Lot

One of the last great ski-in/ski-out estate properties in Aspen. 4.5 partially wooded acres on the lower slopes of Buttermilk Mtn.
Build 5,750' or 8,250' with the addition of a TDR.
Approved Activity Envelope of 1.2 acres and the ability to build up to 1,000' Caretaker Dwelling Unit.

Convenient central location:
Pitkin County Airport 3 mi.
Aspen Highlands 4 mi.
Aspen Mtn. 4.5 mi.
Snowmass Ski area 5.5 mi.

Buyer to verify development opportunities to their own satisfaction.

Listing Agent

Eric Cohen

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA40015466

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $36,851

Lot Details

  • 4.5 Acre Lot
  • Wooded Lot
  • Property is zoned AR-10

Utilities

  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Accessory Dwelling Unit (ADU)
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 273503400036

Community Details

Overview

  • No Home Owners Association
  • Buttermilk Subdivision

Recreation

  • Ski Accessible

Property Details

Property Type

Land

Est. Annual Taxes

$36,851

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 4.5
  • Subdivision Name: Buttermilk
  • Directions: NO ACCESS WITHOUT CONSENT OF LISTING BROKER. Highway 82 to Owl Creek Rd. Left on W. Buttermilk Rd. First left onto Buttermilk Ln. Take the driveway split to the right up to 240 Buttermilk Ln. Parking is at the CDU site. Walk up to the Activity Envelope.
  • Tax Parcel Letter: R004043
  • Attribution Contact: (970) 925-6060
  • General Info:Zoning2: AR-10
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 36851.1
  • Financing Info:Tax Year2: 2023
  • Water:Community: Yes
  • Sanitation:Septic: Yes
  • Lot Description:Wooded Lot: Yes
  • General Info:ADU Allowed: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: UnderContract

Utilities

  • Building Features: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
  • Water Source: Community

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 182952.0
  • Parcel #: 273503400036
  • Zoning: AR-10
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 36851.1
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $63,006 $1,674,000 $1,674,000 $0
2023 $63,006 $1,674,000 $1,674,000 $0
2022 $36,851 $783,000 $783,000 $0
2021 $36,075 $783,000 $783,000 $0
2020 $32,800 $696,000 $696,000 $0
2019 $32,800 $696,000 $696,000 $0
2018 $32,011 $696,000 $696,000 $0
2017 $27,983 $667,000 $667,000 $0
2016 $28,341 $667,000 $667,000 $0
2015 $28,227 $667,000 $667,000 $0
2014 $34,083 $812,000 $812,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Price Changed $3,950,000 -6.0% --
11/07/2024 11/07/24 Price Changed $4,200,000 -6.5% --
10/29/2024 10/29/24 Price Changed $4,490,000 -10.1% --
10/02/2024 10/02/24 Price Changed $4,995,000 -5.3% --
09/25/2024 09/25/24 Price Changed $5,275,000 -1.9% --
09/13/2024 09/13/24 For Sale $5,375,000 0.0% --
09/10/2024 09/10/24 Off Market $5,375,000 -- --
09/03/2024 09/03/24 Price Changed $5,375,000 -1.8% --
07/03/2024 07/03/24 Price Changed $5,475,000 -8.4% --
04/12/2024 04/12/24 Price Changed $5,975,000 -0.4% --
04/12/2024 04/12/24 Price Changed $6,000,000 0.0% --
09/26/2023 09/26/23 For Sale $6,000,000 -- --
Source: Aspen Glenwood MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $1,850,000 None Available
Trustee Deed -- None Available
Warranty Deed $3,876,000 Stewart Title Of Colorado In
Warranty Deed $2,750,000 Stewart Title Colorado Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,600,000 Unknown
Previous Owner $3,294,600 Unknown
Previous Owner $2,200,000 Unknown
Source: Public Records

Source: Aspen Glenwood MLS

MLS Number: 181150

Aspen Glenwood MLS

APN: R004043