981 King Street, Aspen, CO 81611

$11,800,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,697 Lot Size (sq. ft.): 17,809 Status: Closed
Current Price: $11,800,000 List Date: 1/12/2024 Last Modified: 7/14/2025

Overview

Description

Ready to be transformed into the extraordinary! Don't miss the opportunity to reimagine this property overlooking the river with panoramic views of Aspen Mountain and PRIME LOCATION creating your own mountain sanctuary. This 17,809sf lot allows for 4,402sf of FAR above grade, not including garage and below grade space. Existing home with 4 bedrooms, 3 bathrooms, 1 car garage, plus a 1 bedroom, 1 bathroom deed restricted apartment, includes ample parking, water rights and a private pond. Enjoy the serene location away from the street and adjacent to the Garrish City Park. www.981kingst-unbranded.com

Listing Details MLS# 182218

Location Info

Type
Single Family Residence
Major Area
Aspen
Area
01-Smuggler
Original List Price
16950000
Asking Price
13950000
Street #
981
Street Name
King
Street Suffix
Street
City/Town
Aspen
State/Province
CO
Postal Code
81611
Furnished
Partially

Keywords Info

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

Listing Info

New Construction
No
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
Astor Subdivision
Legal
Subdivision: ASTOR Lot: 4 1ST AMENDED PLAT
Zoning
R-6
Nbr of Acres
0.41
Lot SqFt
17809
Lv Ht SqFt
2697
Total SqFt
2697
Price/LvH SqFt
5172.41
Garage SqFt
240
ud_i_02
2
Main Floor Primary Bedroom
Yes
Short Termable
No
Year Built
1980
Year Remodeled
2000
Unit Faces
South
Parcel #
273707453004
Directions
Heading East on Main Street, take left on Neale Avenue and a right on King Street, 981 King will be on the right.
Unfinished SqFt
0

Financing Info

Metro Tax District
No
Taxes
12931
Tax Year
2024
Transfer Tax
Yes
HOA Dues Y/N
No
HOA Transfer Fee
No
Total HOA Fee Per Year
0

Status Change Info

Under Contract Date
2025-04-14
Proposed Close Date
2025-07-14
Sold Date
2025-07-14
Sold Price Per/SF
4375.23
How Sold
Cash

More Information

Remarks

Public Remarks
Ready to be transformed into the extraordinary! Don't miss the opportunity to reimagine this property overlooking the river with panoramic views of Aspen Mountain and PRIME LOCATION creating your own mountain sanctuary. This 17,809sf lot allows for 4,402sf of FAR above grade, not including garage and below grade space. Existing home with 4 bedrooms, 3 bathrooms, 1 car garage, plus a 1 bedroom, 1 bathroom deed restricted apartment, includes ample parking, water rights and a private pond. Enjoy the serene location away from the street and adjacent to the Garrish City Park. www.981kingst-unbranded.com

Electric

Yes
Public

Fireplace

# Fireplaces
2
Wood Burning
Yes

Laundry Facility

Laundry Room
Yes

Style

Other
Yes

Construction

Frame
Yes

Exterior

Stone Siding
Yes
Wood Siding
Yes

Condition

Good
Yes

Cooling

None
Yes

Basement/Substructure

Slab
Yes
Walk-Out Access
Yes

Gas

Natural Gas
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Water Rights

Yes
Yes

Extras

Landscaping
Yes
Outdoor Hot Tub/Spa
Yes
Patio/Deck
Yes

Location Amenities

Cul-De-Sac
Yes
Exposure, Southern
Yes
Gentle Topo
Yes
Pond, Stream, Lake
Yes
Trees
Yes
Views
Yes

Mineral Rights

No
Yes

Heating

Natural Gas
Yes

Documents on File

CC & R's
Yes
Easements
Yes
House Plans
Yes
Leases
Yes
Survey/ILC
Yes

Disclosures

Deed Restrict
Yes
Easements
Yes
Other
Yes

Terms Offered

Cash
Yes
New Loan
Yes

Possession

DOD
Yes
Subject to Lease
Yes

Inclusions

Dishwasher
Yes
Dryer
Yes
Oven
Yes
Refrigerator
Yes
Washer
Yes
Window Coverings
Yes

Sign

Yes
Yes

Property Features

Laundry Facility: Laundry Room Style: Other Construction: Frame Exterior: Stone Siding; Wood Siding Condition: Good Heating: Natural Gas Gas: Natural Gas Water: Public Cooling: None Sanitation: Sewer Fireplace: Wood Burning Possession: DOD; Subject to Lease Extras: Landscaping; Outdoor Hot Tub/Spa; Patio/Deck Terms Offered: Cash; New Loan Disclosures: Deed Restrict; Easements; Other Mineral Rights: No Water Rights: Yes Documents on File: CC & R's; Easements; House Plans; Leases; Survey/ILC Location Amenities: Cul-De-Sac; Exposure, Southern; Gentle Topo; Pond, Stream, Lake; Trees; Views Sign: Yes Inclusions: Dishwasher; Dryer; Oven; Refrigerator; Washer; Window Coverings
IDX
Listing Office: Setterfield & Bright
Source MLS Verified
Last Updated: July - 14 - 2025
Broker Attribution: (970) 920-1833

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