905 E Hopkins Avenue, Aspen, CO 81611

$10,100,000
Property Type: RES Vacant Land Lot Size (sq. ft.): 12,000 Status: Closed
Current Price: $10,100,000 List Date: 7/03/2014 Last Modified: 9/03/2024

Overview

Description

Rarely does a downtown Aspen corner property become available for purchase. Even more special is this opportunity with views of Aspen Mountain, the privacy of East Hopkins Avenue and walkability to shops, restaurants and skiing. On the corner of Hopkins Avenue and South West End Street, this 12,000 square foot corner lot that allows for single family, luxury condo or lodge development. City of Aspen Ordinance in place allows for creation of two single family lots through a lot split. The Mountain House Lodge currently occupies the property and can provide income prior to redevelopment of the property. See listing agents for various development summaries.Excellent opportunity to own and develop a unique Aspen property. Build a single family house on an over-sized lot or take advantage of the ability to perform a lot split and build one or two homes (you can always sell the second lot). Luxury condo or lodge development options allow for maximizing FAR. Up to 18,000 square feet of Floor ...

Supplements: Excellent opportunity to own and develop a unique Aspen property. Build a single family house on an over-sized lot or take advantage of the ability to perform a lot split and build one or two homes (you can always sell the second lot). Luxury condo or lodge development options allow for maximizing FAR. Up to 18,000 square feet of Floor Area can be ...

Listing Details MLS# 135100

Location Info

Type
Single Family Lot
Sub-Type
N/A
Major Area
Aspen
Area
01-Central Core
Original List Price
11995000
Asking Price
11995000
Street #
905
Street Direction Pfx
E
Street Name
Hopkins
Street Suffix
Avenue
City/Town
Aspen
State/Province
CO
Postal Code
81611

Keywords Info

Acreage
Refer to Lot Size

Listing Info

Short Sale
No
REO
No
Foreclosure
No
Auction
No
Member Association
Aspen Association

General Info

List Price Per/Acre
42839285
Sold Price Per/Acre
36071428
Sub/Loc
East Addition
Legal
EAST ASPEN ADDITION Block: 32 Lot: A AND:- Lot: Thru D
Lot SqFt
12000
Nbr of Acres
0.28
County
Pitkin
FAR
Yes
Sold Price Per/SF
841.67
Orig List Price Per/SF
999.58
Parcel #
273718206002
Directions
Corner of East Hopkins Avenue and South West End Street.
Asking Price Per/SF
999.58

Financing Info

Taxes
39283.84
Tax Year
2013
Transfer Tax
Yes
HOA Dues Y/N
No

Status Change Info

Under Contract Date
2015-04-03
Proposed Close Date
2015-04-14
Sold Date
2015-04-14
How Sold
Cash

More Information

Remarks

Public Remarks
Rarely does a downtown Aspen corner property become available for purchase. Even more special is this opportunity with views of Aspen Mountain, the privacy of East Hopkins Avenue and walkability to shops, restaurants and skiing. On the corner of Hopkins Avenue and South West End Street, this 12,000 square foot corner lot that allows for single family, luxury condo or lodge development. City of Aspen Ordinance in place allows for creation of two single family lots through a lot split. The Mountain House Lodge currently occupies the property and can provide income prior to redevelopment of the property. See listing agents for various development summaries.Excellent opportunity to own and develop a unique Aspen property. Build a single family house on an over-sized lot or take advantage of the ability to perform a lot split and build one or two homes (you can always sell the second lot). Luxury condo or lodge development options allow for maximizing FAR. Up to 18,000 square feet of Floor Area can be achieved and 32 feet in height is allowed for multi-family development in the zone district. The existing lodge is profitable and the current owner is willing to enter an agreement operate the lodge for a period of time after closing. Take advantage of the City's incentives to retain existing lodges and encourage new lodge development.

Possible Use

Multi-Family
Yes
Single Family
Yes

Lot Description

Corner Lot
Yes
Flat
Yes
View
Yes

Gas

Natural Gas
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Water Rights

None
Yes

Mineral Rights

No
Yes

Crops

No
Yes

Documents on File

Financials
Yes
Survey
Yes

Terms Offered

Cash
Yes

Possession

DOD
Yes

Showing Instructions

Call Listing Office
Yes

Sign

No
Yes

Property Features

Possible Use: Multi-Family; Single Family Lot Description: Corner Lot; Flat; View Gas: Natural Gas Water: Public Sanitation: Sewer Mineral Rights: No Water Rights: None Crops: No Documents on File: Financials; Survey Terms Offered: Cash Possession: DOD Showing Instructions: Call Listing Office Sign: No
IDX
Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Source MLS Verified
Last Updated: September - 03 - 2024
Broker Attribution: (970) 925-6060

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