$11,800,000
SOLD JUL 14, 2025

981 King St Aspen, CO 81611

5 Beds
4 Baths
2,697 Sq Ft
0.41 Acres

Recently Sold

$4,375 Per Sq Ft

30% Below List Price

457 Days on Market

Highlights

  • Spa
  • Green Building
  • Main Floor Primary Bedroom
  • Aspen Middle School Rated A-
  • Lake, Pond or Stream
  • 2-minute walk to Rio Grande Trail

About This Home

As of July 2025

Ready to be transformed into the extraordinary! Don't miss the opportunity to reimagine this property overlooking the river with panoramic views of Aspen Mountain and PRIME LOCATION creating your own mountain sanctuary. This 17,809sf lot allows for 4,402sf of FAR above grade, not including garage and below grade space. Existing home with 4 bedrooms, 3 bathrooms, 1 car garage, plus a 1 bedroom, 1 bathroom deed restricted apartment, includes ample parking, water rights and a private pond. Enjoy the serene location away from the street and adjacent to the Garrish City Park. www.981kingst-unbranded.com

Last Agent to Sell the Property

Galen Bright

Setterfield & Bright Brokerage Phone: (970) 920-1833 License #FA1310977 Listed on: 01/12/2024

Last Buyer's Agent

MIchael Fox

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA.100085647

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,931

Year Built

  • Built in 1980

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Southern Exposure
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned R-6

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,697 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Window Treatments
  • Walk-Out Basement
  • Property Views

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Lake, Pond or Stream
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Water Rights

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Astor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273707453004
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,931

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Dishwasher
  • Subdivision Name: Astor Subdivision
  • Directions: Heading East on Main Street, take left on Neale Avenue and a right on King Street, 981 King will be on the right.
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1980
  • Tax Parcel Letter: R014804
  • Attribution Contact: (970) 920-1833
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-6
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 12931.0
  • Financing Info:Tax Year2: 2024
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Substructure:Slab: Yes
  • Electric:Yes: Public
  • Condition:Good: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:Unit Faces: South
  • Substructure:Walkout: Yes
  • Inclusions:Oven: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Water Rights:Yes3: Yes
  • Financing Info:HOA Dues YN: No
  • Listing Info In Foreclosure: No
  • Keywords Info Garage4: Yes
  • General Info:Main Floor Primary: Yes
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2697.0
  • Style Other: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Landscaped
  • Disclosures: Deed Restrict, Easements, Other
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Direction Faces: South
  • Foundation Details: Slab
  • Property Condition: Good
  • Construction:Frame: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • General Info:Garage SqFt: 240.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:Pond Stream Lake: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 17809.0
  • Parcel #: 273707453004
  • Zoning: R-6

Tax Info

  • Tax Annual Amount: 12931.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2014
Sold by
Shoaf Jeffrey S
Bought by
981 King Street Llc
Current Estimated Value
$8,217,921
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2025 07/14/25 Sold $11,800,000 -15.4% $4,375 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/25/2024 03/25/24 Price Changed $13,950,000 -12.5% $5,172 / Sq Ft
02/10/2024 02/10/24 Price Changed $15,950,000 -5.9% $5,914 / Sq Ft
01/12/2024 01/12/24 For Sale $16,950,000 -- $6,285 / 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 $12,931 $393,330 $292,070 $101,260
2023 $12,931 $399,850 $296,910 $102,940
2022 $10,358 $282,540 $222,400 $60,140
2021 $10,314 $290,670 $228,800 $61,870
2020 $9,618 $269,210 $214,500 $54,710
2019 $9,618 $269,210 $214,500 $54,710
2018 $8,045 $271,090 $216,000 $55,090
2017 $7,099 $223,190 $180,000 $43,190
2016 $7,768 $239,210 $206,960 $32,250
2015 $7,668 $239,210 $206,960 $32,250
2014 $7,436 $221,700 $200,590 $21,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 182218

Aspen Glenwood MLS

APN: R014804