323 E Reds Road, Aspen, CO 81611 (MLS# 189105)

323 E Reds Road, Aspen, CO 81611

$25,000,000

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 4,904 Lot Size (sq. ft.): 31,926 Status: Closed

Current Price: $25,000,000 List Date: 7/08/2025 Last Modified: 4/07/2026

Overview

Description

A truly exceptional opportunity on one of Aspen's most coveted locations. This newly designed contemporary estate, scheduled for completion in early 2026, is situated in the exclusive Red Mountain Ranch neighborhood. A rare blend of privacy, luxury, and proximity that simply won't last. Set on a lush ¾-acre lot surrounded by mature Aspen groves, the home captures enticing Aspen Mountain views from nearly every angle. With five en-suite bedrooms, two expansive living areas, and three outdoor terraces designed for effortless indoor-outdoor living, this 4,900 sqft residence delivers elevated mountain living at its finest. Thoughtfully crafted by Elevate Development & Design, every inch is curated with luxury finishes, custom furnishings, and impeccable attention to detail. Just minutes from downtown yet worlds away, this is Aspen living without compromise.

Listing Details MLS# 189105

Location Info

Type: Single Family Residence
Major Area: Aspen
Area: 01-Red Mountain
Original List Price: 28900000
Asking Price: 28900000
Street #: 323
Street Direction Pfx: E
Street Name: Reds
Street Suffix: Road
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Furnished: Furnished

Keywords Info

Total Baths: 6
Baths - Full: 5
Baths - Half: Yes
Acreage: Refer to Lot Size
Garage: Yes
Garage Spaces: 2
Pre-Fabricated Home: No

Listing Info

New Construction: Yes
ARC (architect review approved): Yes
Are Plans Transferable: Yes
Seller/Owner is Licensed: No
Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Aspen Association
County: Pitkin
ADU: No

General Info

Sub/Loc: Red Mountain Ranch
Legal: Subdivision: RED MOUNTAIN RANCH Block: 1 Lot: 8
Zoning: R-30
Nbr of Acres: 0.73
Lot SqFt: 31926
Lv Ht SqFt: 4904
Total SqFt: 4904
Price/LvH SqFt: 5893.15
ud_i_02: 3
Main Floor Primary Bedroom: Yes
Year Built: 1975
Year Remodeled: 2025
Unit Faces: Southeast
Parcel #: 273706303008
Directions: From Aspen take Red Mountain Road. Go right on East Reds Road. House is on your left half-way down.
Unfinished SqFt: 0

Financing Info

Metro Tax District: No
Taxes: 26111.08
Tax Year: 2024
Transfer Tax: No
HOA Dues Y/N: Yes
Association Fee: 2300
Association Fee Frequency: Annually
Total HOA Fee Per Year: 2300
HOA Transfer Fee: No

Status Change Info

Under Contract Date: 2026-01-23
Proposed Close Date: 2026-05-15
Sold Date: 2026-04-06
Sold Price Per/SF: 5097.88
How Sold: Cash

More Information

Remarks

Public Remarks: A truly exceptional opportunity on one of Aspen's most coveted locations. This newly designed contemporary estate, scheduled for completion in early 2026, is situated in the exclusive Red Mountain Ranch neighborhood. A rare blend of privacy, luxury, and proximity that simply won't last. Set on a lush ¾-acre lot surrounded by mature Aspen groves, the home captures enticing Aspen Mountain views from nearly every angle. With five en-suite bedrooms, two expansive living areas, and three outdoor terraces designed for effortless indoor-outdoor living, this 4,900 sqft residence delivers elevated mountain living at its finest. Thoughtfully crafted by Elevate Development & Design, every inch is curated with luxury finishes, custom furnishings, and impeccable attention to detail. Just minutes from downtown yet worlds away, this is Aspen living without compromise.

Miscellaneous

Under Construction: Yes
Proposed Completion Date: 2025-10-31

Fireplace

# Fireplaces: 2
Gas: Yes

Laundry Facility

Common Area: Yes

Style

Contemporary: Yes

Construction

Concrete: Yes
Frame: Yes

Exterior

Metal: Yes
Wood Siding: Yes

Condition

Excellent: Yes
New: Yes

Cooling

Central Air: Yes

Basement/Substructure

Finished: Yes
Garden Level: Yes

Gas

Natural Gas: Yes

Roof

Metal: Yes

Water

Public: Yes

Carport

2 Car: Yes

Sanitation

Sewer: Yes

Water Rights

No: Yes

Extras

Hot Tub/Spa: Yes
Patio/Deck: Yes
Security System: Yes
Steam Shower: Yes

Location Amenities

Exposure, Southern: Yes

Mineral Rights

No: Yes

Heating

Radiant: Yes

Documents on File

House Plans: Yes
Survey/ILC: Yes

Terms Offered

Cash: Yes
New Loan: Yes

Inclusions

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Window Coverings: Yes

Sign

Yes: Yes

Energy Efficiency

Smart Home System: Yes

Property Features

Laundry Facility: Common Area Style: Contemporary Construction: Concrete; Frame Exterior: Metal; Wood Siding Roof: Metal Condition: Excellent; New Heating: Radiant Gas: Natural Gas Water: Public Cooling: Central Air Sanitation: Sewer Energy Efficiency: Smart Home System Carport: 2 Car Extras: Hot Tub/Spa; Patio/Deck; Security System; Steam Shower Terms Offered: Cash; New Loan Mineral Rights: No Water Rights: No Documents on File: House Plans; Survey/ILC Location Amenities: Exposure, Southern Sign: Yes Inclusions: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer; Window Coverings

Room Information

Room Name	Level
Bedroom 1	Main
Bedroom 2	Upper
Bedroom 3	Lower
Bedroom 4	Lower
Bedroom 5	Lower

Listing Office: Compass Aspen

Last Updated: April - 07 - 2026

Broker Attribution: 970-925-6063

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