240 Buttermilk Lane, Aspen, CO 81611 (MLS# 181150)

240 Buttermilk Lane, Aspen, CO 81611

$3,500,000

Property Type: RES Vacant Land Lot Size (sq. ft.): 182,952 Status: Closed

Current Price: $3,500,000 List Date: 1/09/2025 Last Modified: 5/12/2025

Overview

Description

One of the last great ski-in/ski-out estate properties in Aspen. 4.5 partially wooded acres on the lower slopes of Buttermilk Mtn. Build 5,750' or 8,250' with the addition of a TDR. Approved Activity Envelope of 1.2 acres and the ability to build up to 1,000' Caretaker Dwelling Unit. Convenient central location: Pitkin County Airport 3 mi. Aspen Highlands 4 mi. Aspen Mtn. 4.5 mi. Snowmass Ski area 5.5 mi. Buyer to verify development opportunities to their own satisfaction.

Listing Details MLS# 181150

Location Info

Type: Single Family Lot
Sub-Type: N/A
Major Area: Aspen
Area: 01-West Aspen
Original List Price: 6000000
Asking Price: 3950000
Street #: 240
Street Name: Buttermilk
Street Suffix: Lane
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Keywords Info

Acreage: 3.1 - 5

Listing Info

Seller/Owner is Licensed: No
REO: No
Member Association: Aspen Association

General Info

List Price Per/Acre: 877777
Sold Price Per/Acre: 777777
Sub/Loc: Buttermilk
Legal: Subdivision: M/B BUTTERMILK Quarter: SE Section: 3 Township: 10
Lot SqFt: 182952
Nbr of Acres: 4.5
County: Pitkin
Zoning: AR-10
ADU Allowed: Yes
FAR: Yes
Sold Price Per/SF: 19.13
Allowable FAR: see Remarks
Orig List Price Per/SF: 32.8
Parcel #: 273503400036
Directions: NO ACCESS WITHOUT CONSENT OF LISTING BROKER. Highway 82 to Owl Creek Rd. Left on W. Buttermilk Rd. First left onto Buttermilk Ln. Take the driveway split to the right up to 240 Buttermilk Ln. Parking is at the CDU site. Walk up to the Activity Envelope.
Asking Price Per/SF: 21.59

Financing Info

Metro Tax District: Yes
Metro Tax District URL: https://dola.colorado.gov/lgis/taxEntityCounty.jsf
Taxes: 36851.1
Tax Year: 2023
Transfer Tax: No
HOA Dues Y/N: No
Total HOA Fee Per Year: 0

Status Change Info

Under Contract Date: 2025-03-11
Proposed Close Date: 2025-05-12
Sold Date: 2025-05-12
How Sold: Cash

More Information

Remarks

Public Remarks: One of the last great ski-in/ski-out estate properties in Aspen. 4.5 partially wooded acres on the lower slopes of Buttermilk Mtn. Build 5,750' or 8,250' with the addition of a TDR. Approved Activity Envelope of 1.2 acres and the ability to build up to 1,000' Caretaker Dwelling Unit. Convenient central location: Pitkin County Airport 3 mi. Aspen Highlands 4 mi. Aspen Mtn. 4.5 mi. Snowmass Ski area 5.5 mi. Buyer to verify development opportunities to their own satisfaction.

Possible Use

Single Family: Yes

Lot Description

View: Yes
Wooded Lot: Yes

Gas

Natural Gas: Yes

Water

Community: Yes

Sanitation

Septic: Yes

Extras

Ski In: Yes
Ski Out: Yes

Crops

No: Yes

Terms Offered

Cash: Yes

Possession

DOD: Yes

Showing Instructions

Call Listing Office: Yes

Sign

Yes: Yes

Property Features

Possible Use: Single Family Lot Description: View; Wooded Lot Gas: Natural Gas Water: Community Sanitation: Septic Extras: Ski In; Ski Out Crops: No Terms Offered: Cash Possession: DOD Showing Instructions: Call Listing Office Sign: Yes

Documents

Administrative Decision ›

Map ›

Architecture Renderings ›

Improvement Survey Plat ›

Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall

Last Updated: May - 12 - 2025

Broker Attribution: (970) 925-6060

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