$28,900,000

323 E Reds Rd Aspen, CO 81611

Estimated payment $154,987/month

Total Views 7,374
5 Beds
5.5 Baths
4,904 Sq Ft
$5,893 Price per Sq Ft

Highlights

  • Under Construction
  • Spa
  • Green Building
  • Aspen Middle School Rated A-
  • 0.73 Acre Lot
  • Contemporary Architecture

About This Home

Introducing 323 E Reds Rd, a newly designed contemporary Red Mountain estate, located in the exclusive Red Mountain Ranch neighborhood.

Scheduled for completion late 2025/early 2026, this stunning property offers a rare blend of seclusion, breathtaking views, expansive outdoor space, and refined living, all just minutes from downtown Aspen.

Embracing its natural surroundings, the Red Mountain estate boasts three outdoor terraces providing seamless indoor-outdoor living. Strategically sited, the home sits on an expansive three-quarter-acre lot surrounded by a mature Aspen grove that frames an Aspen Mountain view.

The most recent offering from Elevate Development & Design, this modern architectural residence embodies the quintessential experience of sophisticated mountain living. The home features five spacious en-suite bedrooms and two luxurious living spaces spanning across 4,900 sqft.

Embrace a rare opportunity to own a move-in-ready home with impeccable attention to detail, luxury finishes, and custom-designed furniture that exudes elegance in Aspen's most prestigious neighborhood.

Listing Agent

Lane Johnson

Compass Aspen Brokerage Phone: 970-925-6063 License #FA100069367 Listed on: 07/08/2025

Compass Aspen

Co-Listing Agent

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,111

Year Built

  • Built in 1975 | Under Construction

Lot Details

  • 0.73 Acre Lot
  • Southern Exposure
  • Southeast Facing Home
  • Property is in excellent condition
  • Property is zoned R-30

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Metal Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,904 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Steam Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Smart Home

Outdoor Features

  • Spa
  • Patio

Utilities

  • Central Air
  • Radiant Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273706303008

Community Details

Overview

  • Association fees include sewer
  • Red Mountain Ranch Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,111

Year Built

Built in 1975 | Under Construction

Lot Details

0

HOA Fees

$192 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Co List Office Mls Id: CompassAspen
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Red Mountain Ranch
  • Directions: From Aspen take Red Mountain Road. Go right on East Reds Road. House is on your left half-way down.
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: Yes
  • Year Built: 1975
  • Tax Parcel Letter: R003160
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 26111.08
  • Financing Info:Tax Year2: 2024
  • Extras:Hot TubSpa: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Listing Info:New Construction: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Laundry Facility:Common Area: Yes
  • General Info:Unit Faces: Southeast
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Exterior:Metal2: Yes
  • Energy Efficiency:Smart Home System: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 2300.0
  • Listing Info In Foreclosure: No
  • Keywords Info Garage Spaces: 2.0
  • Keywords Info Garage4: Yes
  • General Info:Main Floor Primary: Yes
  • Special Features: NewHome

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 4904.0
  • Fireplace:Gas: Yes

Exterior Features

  • Construction Type: Wood Siding, Concrete, Frame
  • Direction Faces: Southeast
  • Property Condition: Excellent, New Construction
  • Roof: Metal
  • Construction:Frame: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Carport 2 Car: Yes

Utilities

  • Laundry Features: Common Area
  • Security: Security System
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association Fee: 2300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 2300.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Exposure Southern: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 31926.0
  • Parcel #: 273706303008
  • Zoning: R-30

Tax Info

  • Tax Annual Amount: 26111.08
  • Tax Year: 2024

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 $26,111 $907,770 $600,560 $307,210
2023 $26,111 $1,232,230 $608,350 $623,880
2022 $17,848 $563,770 $410,050 $153,720
2021 $13,650 $444,740 $421,850 $22,890
2020 $13,023 $423,310 $393,250 $30,060
2019 $13,023 $423,310 $393,250 $30,060
2018 $10,619 $426,270 $396,000 $30,270
2017 $9,225 $345,360 $324,000 $21,360
2016 $9,255 $339,700 $318,400 $21,300
2015 $9,198 $339,700 $318,400 $21,300
2014 $8,974 $323,680 $298,500 $25,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $28,900,000 +138.8% $5,893 / Sq Ft
06/21/2021 06/21/21 Sold $12,100,000 -6.9% $3,418 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $13,000,000 -- $3,672 / Sq Ft
Source: Aspen Glenwood MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $12,100,000 Attorneys Title Agency
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $10,200,000 New Conventional
Source: Public Records

Source: Aspen Glenwood MLS

MLS Number: 189105

Aspen Glenwood MLS

APN: R003160