$35,995,000
38 PITKIN Way
Aspen, CO 81611
MLS# 185032
6 beds  |  9 baths  |  9068 sqft


38 PITKIN Way, Aspen, CO 81611
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38 PITKIN Way, Aspen, CO 81611 38 PITKIN Way, Aspen, CO 81611 38 PITKIN Way, Aspen, CO 81611 38 PITKIN Way, Aspen, CO 81611 38 PITKIN Way, Aspen, CO 81611 38 PITKIN Way, Aspen, CO 81611 38 PITKIN Way, Aspen, CO 81611 38 PITKIN Way, Aspen, CO 81611 38 PITKIN Way, Aspen, CO 81611 38 PITKIN Way, Aspen, CO 81611 38 PITKIN Way, Aspen, CO 81611 38 PITKIN Way, Aspen, CO 81611

Property Description
This is it - the best of the best! The most incredible development opportunity on the best lot and the best street in Aspen. Permit review underway for a brand new ~10,000 square foot house designed by a phenomenal collaboration between BiloBuck and Surround Architects. Big mountain views, Roaring Fork River views and sound, private swimming pond and waterfall, direct Rio Grande trail access, privacy, and protection from Willoughby Way vehicular traffic. Construction to commence in 2025 on this trophy property offering 6 incredible bedroom suites plus office, fitness, wellness, 3-car garage, butler's pantry and more. There is still an opportunity for customization as construction document preparation is underway now. This size home is no longer allowed under today's land use code and could not be replicated again today. Two TDRs (market value approx. $2.5M) have been extinguished as part of the County permit approval process and those rights will transfer on sale. Renderings of to-be-built home in photos and floor plans in Documents. Existing 6 bedroom home with A/C is very livable or rentable until construction commences.

Details
Maps
Documents
Location Info
Current Price: $35,995,000
Type: Single Family Residence
Major Area: Aspen
Area: 01-Red Mountain
Original List Price: 35995000
Asking Price: 35995000
Street #: 38
Street Name: PITKIN
Street Suffix: Way
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Furnished: No
Keywords Info
Bedrooms: 6
Total Baths: 9
Baths - Full: 7
Baths - Half: 2
Lot Size: 43,001 - 65,000
Acreage: 1 - 3
Garage: 3 Car
Pre-Fabricated Home: No
Listing Info
New Construction: Yes
Listing Date: 2024-08-09
Seller is licensed Realtor: Yes
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
County: Pitkin
ADU: No
General Info
Sub/Loc: None
Legal: SECTION: 12 TOWNSHIP: 10 RANGE: 85 A TRACT OF LAND IN THE NE4 OF SECT 12, TOWNSHIP 10 S, RANGE 85 W OF THE 6TH PM, DESCR
Zoning: R-30
Nbr of Acres: 1.02
Lot SqFt: 43659
Lv Ht SqFt: 9068
LvHtSqFt (Abv Grnd): 5081
LvHtSqFt (Blw Grnd): 3987
Total SqFt: 9068
Price/LvH SqFt: 3969.45
Garage SqFt: 876
Levels: 2
Main Floor Master: Yes
Year Built: 2027
Unit Faces: South
Parcel #: 273512100008
Directions: Willoughby Way to Pitkin Reserve / Pitkin Way - Immediate first left after turning onto Pitkin Way.
Financing Info
Metro Tax District: No
Taxes: 42030.3
Tax Year: 2023
Transfer Tax: No
HOA Dues Y/N: Yes
Association Fee: 6660.23
Association Fee Frequency: Annually
Total HOA Fee Per Year: 6660.23
HOA Transfer Fee: No
Status Change Info
Status: Active
Remarks
Public Remarks: This is it - the best of the best! The most incredible development opportunity on the best lot and the best street in Aspen. Permit review underway for a brand new ~10,000 square foot house designed by a phenomenal collaboration between BiloBuck and Surround Architects. Big mountain views, Roaring Fork River views and sound, private swimming pond and waterfall, direct Rio Grande trail access, privacy, and protection from Willoughby Way vehicular traffic. Construction to commence in 2025 on this trophy property offering 6 incredible bedroom suites plus office, fitness, wellness, 3-car garage, butler's pantry and more. There is still an opportunity for customization as construction document preparation is underway now. This size home is no longer allowed under today's land use code and could not be replicated again today. Two TDRs (market value approx. $2.5M) have been extinguished as part of the County permit approval process and those rights will transfer on sale. Renderings of to-be-built home in photos and floor plans in Documents. Existing 6 bedroom home with A/C is very livable or rentable until construction commences.
Electric
Yes: Public
Property Features
Laundry Facility: Laundry Room
Style: Contemporary; Two Story
Exterior: Stone Siding
Substructure: Finished Basement
Roof: Membrane; Metal
Condition: New
Heating: Forced Air; Radiant
Gas: Natural Gas
Cooling: Central A/C
Sanitation: Sewer
Terms Offered: Cash; New Loan
Disclosures: Seller Lic RE Agent
Mineral Rights: No
Water Rights: Yes
Documents on File: House Plans; Soils Test; Survey/ILC
HOA Fees Includes: Grounds Maintenance; Road Maintenance
Location Amenities: Exposure, Southern; Pond, Stream, Lake; River Frontage; Trees; Views
Sign: Yes

Listing Office: Aspen International Properties

Last Updated: September - 25 - 2024

38 PITKIN Way, Aspen, CO 81611 - MLS# 185032

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Broker Attribution: (970) 948-5566