219 N Monarch Street, Aspen, CO 81611

$7,400,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,308 Lot Size (sq. ft.): 9,000 Status: Closed
Current Price: $7,400,000 List Date: 3/28/2015 Last Modified: 8/29/2024

Overview

Description

Double your value in one purchase. The ONLY 9,000 sq/ft non-historic West-End lot one block from the Hotel Jerome that allows TWO (2) DETACHED single family residences. In the same family since 1966, this NE corner has dead-on Views of Aspen Mountain and the best location on this block away from the traffic on Bleeker and away from the hustle and bustle of the Red Brick. FAR of 4,080 for 2 detached residences, however, this is not historic so a buyer could pursue landing two City TDR’s to increase above grade FAR to 4,580. See Alan Richman’s 3/23/15 Land Use Analysis under MLS documents tab. A once in a lifetime opportunity to own the largest non-historic lot on this block for your dream single family home or as a redevelopment opportunity for TWO (2) DETACHED single family residenc

Listing Details MLS# 138252

Location Info

Type
Single Family Residence
Major Area
Aspen
Area
01-West End
Original List Price
6995000
Asking Price
6995000
Street #
219
Street Direction Pfx
N
Street Name
Monarch
Street Suffix
Street
City/Town
Aspen
State/Province
CO
Postal Code
81611
Furnished
Partially

Keywords Info

Total Baths
4
Baths - Full
3
Baths - Half
Yes
Acreage
Refer to Lot Size
Garage Spaces
2
Pre-Fabricated Home
No

Listing Info

REO
No
In Foreclosure
No
Member Association
Aspen Association
County
Pitkin

General Info

Sub/Loc
Townsite of Aspen
Legal
Subdivision: CITY AND TOWNSITE OF ASPEN Block: 72 Lot: G AND:- Lot: H AND LOT I
Zoning
R-6
Nbr of Acres
0.21
Lot SqFt
9000
Lv Ht SqFt
2308
LvHtSqFt (Abv Grnd)
2308
Total SqFt
2308
Price/LvH SqFt
3030.76
Garage SqFt
600
ud_i_02
2
Short Termable
Yes
Year Built
1949
Parcel #
273707316004
Directions
From Main turn North on Monarch. Last house on left (west) side of Monarch before corner to Hallam. Garage and Driveway are around corner off south side of Hallam Street.
LvHtSqFt (Blw Grnd)
0
Unfinished SqFt
0

Home Performance Programs

Energy Star Rated
No
Indoor Air Plus
No

Financing Info

Taxes
10915
Tax Year
2014
Transfer Tax
Yes
HOA Dues Y/N
No
HOA Transfer Fee
No

More Information

Status Change Info

Under Contract Date
2015-04-05
Proposed Close Date
2015-06-04
Sold Date
2015-06-04
Sold Price Per/SF
3206.24
How Sold
Cash

Remarks

Public Remarks
Double your value in one purchase. The ONLY 9,000 sq/ft non-historic West-End lot one block from the Hotel Jerome that allows TWO (2) DETACHED single family residences. In the same family since 1966, this NE corner has dead-on Views of Aspen Mountain and the best location on this block away from the traffic on Bleeker and away from the hustle and bustle of the Red Brick. FAR of 4,080 for 2 detached residences, however, this is not historic so a buyer could pursue landing two City TDR’s to increase above grade FAR to 4,580. See Alan Richman’s 3/23/15 Land Use Analysis under MLS documents tab. A once in a lifetime opportunity to own the largest non-historic lot on this block for your dream single family home or as a redevelopment opportunity for TWO (2) DETACHED single family residenc

Style

Two Story
Yes

Construction

Frame
Yes

Exterior

Wood Siding
Yes

Electric

No
Yes

Condition

Average
Yes

Cooling

None
Yes

Basement/Substructure

Crawl Space
Yes

Roof

Shake
Yes
Tar/Gravel
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Water Rights

No
Yes

Location Amenities

Corner Lot
Yes
Exposure, Southern
Yes
Views
Yes

Mineral Rights

No
Yes

Disclosures

Other
Yes

Terms Offered

Cash
Yes
Trade
Yes

Possession

DOD
Yes
Negotiable
Yes
Subject to Lease
Yes

Inclusions

See Remarks
Yes

Unit Faces

South
Yes

Property Features

Style: Two Story Construction: Frame Exterior: Wood Siding Roof: Shake; Tar/Gravel Condition: Average Electric: No Water: Public Cooling: None Sanitation: Sewer Possession: DOD; Negotiable; Subject to Lease Terms Offered: Cash; Trade Disclosures: Other Mineral Rights: No Water Rights: No Location Amenities: Corner Lot; Exposure, Southern; Views Unit Faces: South Inclusions: See Remarks
IDX
Listing Office: Cuthbert L Myrin Jr. LLC
Source MLS Verified
Last Updated: August - 29 - 2024
Broker Attribution: (970) 925-8645

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