700 & 701 S Garmisch Street, Aspen, CO 81611

$12,300,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,060 Lot Size (sq. ft.): 108,900 Status: Closed
Current Price: $12,300,000 List Date: 2/10/2020 Last Modified: 8/31/2024

Overview

Description

Unique development opportunity at the base of Lift 1A within the core of Aspen. Lots 1 and 2 of the Barbee Subdivision are offered together for the first time ever. Direct access to trails and views while being able to walk to Aspen's vibrant downtown and Lift 1 Base area approved for major improvements. Lot 1 is 2.3 acres with a non-historic home that is approximately 3,000 square feet and allows for redevelopment of 4,500 square feet above-grade. Lot 2 is 11,705 square feet with the ability to build 4,500 square feet above-grade. All sub-grade space is exempt. The affordable housing impact requirements have been satisfied on Lot 2. The years of gaining subdivision approvals give these lots an advantage to start the building process. See documents tab for zoning summary.

Listing Details MLS# 159715

Location Info

Type
Single Family Residence
Right of First Refusal
No
Major Area
Aspen
Area
01-Central Core
Original List Price
13950000
Asking Price
12500000
Street #
700 & 701
Street Direction Pfx
S
Street Name
Garmisch
Street Suffix
Street
City/Town
Aspen
State/Province
CO
Postal Code
81611
Furnished
Unfurnished

Keywords Info

Total Baths
3
Baths - Full
3
Acreage
1 - 3
Pre-Fabricated Home
No

Listing Info

Short Sale
No
REO
No
Auction
No
In Foreclosure
No
Member Association
Aspen Association
County
Pitkin

General Info

Sub/Loc
Barbee Family PUD
Legal
Lot: 1 and Lot: 2 BARBEE FAMILY PUD
Zoning
R-15 and AH1/PUD
Nbr of Acres
2.5
Lot SqFt
108900
Lv Ht SqFt
3060
Total SqFt
3060
Price/LvH SqFt
4084.97
ud_i_02
2
Main Floor Primary Bedroom
No
Year Built
1880
Year Remodeled
1972
Parcel #
273513103001
Directions
From Main Street - take a right (South) on Garmisch. Property is at the end of the street on the right.
Unfinished SqFt
0

Financing Info

Metro Tax District
No
Taxes
30294
Tax Year
2019
Transfer Tax
Yes
HOA Dues Y/N
No
Association Fee Frequency
Annually
HOA Transfer Fee
No

Status Change Info

Under Contract Date
2020-11-20
Proposed Close Date
2020-12-29
Sold Date
2020-12-30
Sold Price Per/SF
4019.61
How Sold
Conventional

More Information

Remarks

Public Remarks
Unique development opportunity at the base of Lift 1A within the core of Aspen. Lots 1 and 2 of the Barbee Subdivision are offered together for the first time ever. Direct access to trails and views while being able to walk to Aspen's vibrant downtown and Lift 1 Base area approved for major improvements. Lot 1 is 2.3 acres with a non-historic home that is approximately 3,000 square feet and allows for redevelopment of 4,500 square feet above-grade. Lot 2 is 11,705 square feet with the ability to build 4,500 square feet above-grade. All sub-grade space is exempt. The affordable housing impact requirements have been satisfied on Lot 2. The years of gaining subdivision approvals give these lots an advantage to start the building process. See documents tab for zoning summary.

Laundry Facility

Area
Yes

Style

Cabin
Yes

Construction

Frame
Yes

Exterior

Log Siding
Yes
Stone Siding
Yes
Wood Siding
Yes

Gas

Natural Gas
Yes

Parking Area

None
Yes

Roof

Composition Shingles
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Location Amenities

Corner Lot
Yes
Trees
Yes
Views
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Terms Offered

Cash
Yes

Possession

DOD
Yes

Sign

Yes
Yes

Unit Faces

East
Yes
North
Yes

Property Features

Laundry Facility: Area Style: Cabin Construction: Frame Exterior: Log Siding; Stone Siding; Wood Siding Roof: Composition Shingles Heating: Forced Air; Natural Gas Gas: Natural Gas Water: Public Sanitation: Sewer Parking Area: None Possession: DOD Terms Offered: Cash Location Amenities: Corner Lot; Trees; Views Sign: Yes Unit Faces: East; North
IDX
Listing Office: Coldwell Banker Mason Morse-Aspen
Source MLS Verified
Last Updated: August - 31 - 2024
Broker Attribution: (970) 925-7000

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