$2,870,000
SOLD SEP 3, 2025

50 Twining Flats Rd Aspen, CO 81611

8 Beds
4.5 Baths
3,414 Sq Ft
2 Acres

Recently Sold

$841 Per Sq Ft

3% Below List Price

1 Day on Market

Highlights

  • Green Building
  • Main Floor Primary Bedroom
  • Laundry Room
  • Aspen Middle School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of September 2025

Triplex Investment Property Near Aspen & Snowmass
Rare opportunity to own a multifamily income property in the coveted Aspen-Snowmass corridor. Located at 50 Twining Flats, this 8-bedroom triplex sits on a spacious 2-acre lot and offers immediate rental income potential with room to expand.
Conveniently located on the RFTA bus route, the property provides easy access to both Aspen and Snowmass—ideal for seasonal workers and long-term tenants.
With plenty of space to park vehicles, trailers, and mountain toys, and surrounded by open views, this is a versatile asset in a high-demand rental market.
Whether you're seeking solid cash flow, employee housing, or a land-play with upside, 50 Twining Flats offers the location, scale, and flexibility investors are looking for.

This property could be purchased along with 34 Twining Flats to make it a 4 acre property with 13 bedrooms. MLS#189356

Last Agent to Sell the Property

Colter Smith

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 544-5800 License #FA100032005 Listed on: 07/23/2025

Last Buyer's Agent

Jordan Nemirow

ENGEL & VOLKERS License #FA40037624

ENGEL & VOLKERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,938

Year Built

  • Built in 1970

Lot Details

  • 2 Acre Lot
  • Property is in good condition

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Membrane Roofing
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 3,414 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main

Eco-Friendly Details

  • Green Building

Utilities

  • Baseboard Heating
  • Water Rights Not Included
  • Well
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Twining Flats Subdivision

Listing and Financial Details

  • Assessor Parcel Number 264316300035
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,938

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Residential Income
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Subdivision Name: Twining Flats
  • Directions: Heading North on hwy 82 take a right on Twining Flats Rd. House will be on the right side.
  • Garage Yn: No
  • Master Model: No
  • New Construction: No
  • Year Built: 1970
  • Tax Parcel Letter: R003176
  • Attribution Contact: (970) 544-5800
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: AR-10
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 3938.04
  • Financing Info:Tax Year2: 2024
  • Exterior:Wood Siding: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Exterior:Stucco: Yes
  • Substructure:Walkout: Yes
  • Sanitation:Septic: Yes
  • Water:Well - Domestic: Yes
  • Financing Info:HOA Dues YN: No
  • Keywords Info Garage4: No
  • General Info:Main Floor Primary: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 8
  • Living Area: 3414.0

Exterior Features

  • Construction Type: Wood Siding, Stucco, Frame
  • Property Condition: Good
  • Roof: Composition, Membrane
  • Construction:Frame: Yes

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
  • Water Source: Well
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 264316300035
  • Zoning: AR-10

Tax Info

  • Tax Annual Amount: 3938.04
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2025
Closed on
Sep 3, 2025
Sold by
50 Twining Llc
Bought by
44 Nonantum Llc
Seller's Agent
Colter Smith
Christie's International Real Estate Aspen Snowmass
Buyer's Agent
Jordan Nemirow
ENGEL & VOLKERS
List Price
$2,950,000
Sold Price
$2,870,000
Premium/Discount to List
-$80,000
-2.71%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.44%

Purchase Details

Closed on
Nov 12, 2019
Sold by
50 Twining Flats Llc
Bought by
Chadwick Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2018
Closed on
Jun 6, 2018
Sold by
Bialek Stanley and Swatta Christopher F
Bought by
50 Twining Flats Llc
Seller's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Colter Smith
Christie's International Real Estate Aspen Snowmass
List Price
$1,199,000
Sold Price
$937,500
Premium/Discount to List
-$261,500
-21.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.76%
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Special Warranty Deed $2,870,000 Aspen Title & Escrow
Special Warranty Deed -- Attorneys Ttl Agcy Of Aspen
Warranty Deed $937,500 Attorneys Title Ins Agency O
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 New Conventional
Previous Owner $600,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2025 09/03/25 Sold $2,870,000 -2.7% $841 / Sq Ft
07/23/2025 07/23/25 For Sale $2,950,000 +214.7% $864 / Sq Ft
06/06/2018 06/06/18 Sold $937,500 -21.8% $275 / Sq Ft View Prior Sale
02/07/2018 02/07/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $1,199,000 -- $351 / Sq Ft
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 $3,938 $137,190 $110,920 $26,270
2023 $3,938 $141,230 $114,190 $27,040
2022 $2,385 $75,530 $59,500 $16,030
2021 $2,430 $79,410 $62,560 $16,850
2020 $2,192 $71,460 $57,200 $14,260
2019 $2,192 $71,460 $57,200 $14,260
2018 $2,145 $71,960 $57,600 $14,360
2017 $1,862 $70,000 $57,600 $12,400
2016 $2,000 $73,690 $63,680 $10,010
2015 $1,987 $73,690 $63,680 $10,010
2014 $1,791 $64,920 $55,720 $9,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 189355

Aspen Glenwood MLS

APN: R003176