NOT LISTED FOR SALE

240 W Buttermilk Rd Aspen, CO 81611

Estimated Value: $3,512,960 - $7,927,000

4.5 Acres
$1,271,107 Price per Acre
196,020 Sq Ft Lot

Last Sold August 29, 2013

Last sale price $2,250,000

Est. 154% increase in value since last sale

Current estimated payment $35,458/month

57 Days on Market

Highlights

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

About This Lot

As of August 2013

The LAST great undeveloped, ski in-ski out, estate property in Aspen! 4.5 partially wooded acres on the lower slopes of Buttermilk Mtn. Build up to 15,000’ on a private 1 acre building envelope. Rare, on site irrigation well allows for extensive water features not usually found in this area. Ski out to the top of the world famous X-Games Superpipe, or retreat to your custom dream home. Great location just minutes to downtown Aspen, Pitkin County Airport and all 4 ski areas. This is a legacy property your family will enjoy for generations!

Last Agent to Sell the Property

Eric Cohen

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA40015466 Listed on: 06/20/2013

Last Buyer's Agent

Eric Cohen

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA40015466 Listed on: 06/20/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,855

Lot Details

  • 4.5 Acre Lot
  • Unpaved Streets
  • Property is zoned SF

Utilities

  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 273503400036

Community Details

Overview

  • No Home Owners Association
  • West Buttermilk Subdivision

Recreation

  • Ski Accessible

Property Details

Property Type

Land

Est. Annual Taxes

$9,855

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 4.5
  • Subdivision Name: West Buttermilk
  • Directions: W. Buttermilk Road to Buttermilk Lane and then up the driveway to the right.
  • Tax Parcel Letter: R004043
  • Attribution Contact: (970) 925-6060
  • General Info:Zoning2: SF
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 9854.6
  • Financing Info:Tax Year2: 2011
  • Mineral Rights:No2: Yes
  • Water:Community: Yes
  • Sanitation:Septic: Yes
  • Access:Unpaved: Yes
  • Financing Info:HOA Dues YN: No
  • Extras:Ski Out: Yes
  • Special Features: None

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: 196020.0
  • Parcel #: 273503400036
  • Zoning: SF
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 9854.6
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
Mountain Tune Llc
Bought by
240 Buttermilk Llc
Current Estimated Value
$5,719,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,000
Outstanding Balance
$2,625,000
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$3,339,611

Purchase Details

Listed on
Jun 20, 2013
Closed on
Aug 29, 2013
Sold by
Lsc Northwest Colorado Llc
Bought by
Dill Ski Aspen Iv Llc
Seller's Agent
Eric Cohen
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Eric Cohen
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$5,700,000
Sold Price
$2,250,000
Premium/Discount to List
-$3,450,000
-60.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%

Purchase Details

Listed on
Jun 20, 2013
Closed on
Aug 7, 2013
Sold by
80 Buttermilk Lane Landowner Llc
Bought by
Lsc Northwest Colorado Llc
Seller's Agent
Eric Cohen
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Eric Cohen
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$5,700,000
Sold Price
$2,250,000
Premium/Discount to List
-$3,450,000
-60.53%

Purchase Details

Closed on
Aug 17, 2007
Sold by
West Buttermilk Llc
Bought by
80 Buttermilk Lane Landowner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,294,600
Interest Rate
6.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 6, 2006
Sold by
Anderson Daryl A
Bought by
West Buttermilk Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
6.72%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
240 Buttermilk Llc $3,500,000 Attorneys Title
Dill Ski Aspen Iv Llc $1,850,000 None Available
Lsc Northwest Colorado Llc -- None Available
80 Buttermilk Lane Landowner Llc $3,876,000 Stewart Title Of Colorado In
West Buttermilk Llc $2,750,000 Stewart Title Colorado Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 240 Buttermilk Llc $2,625,000
Previous Owner 80 Buttermilk Lane Landowner Llc $3,294,600
Previous Owner West Buttermilk Llc $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2013 08/29/13 Sold $2,250,000 -60.5% --
08/16/2013 08/16/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $5,700,000 -- --
Source: Aspen Glenwood MLS

Tax History Compared to Growth

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

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Eric Cohen

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 925-6060

    34 Total Sales

    Eric Cohen
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Map

Source: Aspen Glenwood MLS

MLS Number: 118812

Aspen Glenwood MLS

APN: R004043

Colorado Pitkin County Aspen 81611

240 W Buttermilk Rd, Aspen, CO

This home is located at 240 W Buttermilk Rd, Aspen, CO 81611 since 20 June 2013 and is currently estimated at $5,719,980. 240 W Buttermilk Rd is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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