38 PITKIN Way, Aspen, CO 81611

$35,995,000
Property Type: Residential Bedrooms: 6 Baths: 9 Square Footage: 9,068 Lot Size (sq. ft.): 43,659 Status: Active
Current Price: $35,995,000 List Date: 8/12/2024 Last Modified: 11/15/2024

Description

This is it - the best of the best! The most incredible development opportunity on the best lot and the best street in Aspen. Permit review underway for a brand new ~10,000 square foot house designed by a phenomenal collaboration between BiloBuck and Surround Architects. Big mountain views, Roaring Fork River views and sound, private swimming pond and waterfall, direct Rio Grande trail access, privacy, and protection from Willoughby Way vehicular traffic. Construction to commence in 2025 on this trophy property offering 6 incredible bedroom suites plus office, fitness, wellness, 3-car garage, butler's pantry and more. There is still an opportunity for customization as construction document preparation is underway now. This size home is no longer allowed under today's land use code and could not be replicated again today. Two TDRs (market value approx. $2.5M) have been extinguished as part of the County permit approval process and those rights will transfer on sale. Renderings of to-be-built home in photos and floor plans in Documents. Existing 6 bedroom home with A/C is very livable or rentable until construction commences.

More Information MLS# 185032

Location Info

Current Price: $35,995,000 Type: Single Family Residence Lot Size: 43,001 - 65,000 Major Area: Aspen Area: 01-Red Mountain Original List Price: 35995000 Asking Price: 35995000 Street #: 38 Street Name: PITKIN Street Suffix: Way City/Town: Aspen State/Province: CO Postal Code: 81611 Furnished: No

Keywords Info

Bedrooms: 6 Total Baths: 9 Baths - Full: 7 Baths - Half: 2 Acreage: 1 - 3 Garage: 3 Car Pre-Fabricated Home: No

Listing Info

New Construction: Yes Listing Date: 2024-08-09 Seller is licensed Realtor: Yes Short Sale: No REO: No Auction: No Foreclosure: No Member Association: Aspen Association County: Pitkin ADU: No

General Info

Sub/Loc: None Legal: SECTION: 12 TOWNSHIP: 10 RANGE: 85 A TRACT OF LAND IN THE NE4 OF SECT 12, TOWNSHIP 10 S, RANGE 85 W OF THE 6TH PM, DESCR Zoning: R-30 Nbr of Acres: 1.02 Lot SqFt: 43659 Lv Ht SqFt: 9068 LvHtSqFt (Abv Grnd): 5081 LvHtSqFt (Blw Grnd): 3987 Total SqFt: 9068 Price/LvH SqFt: 3969.45 Garage SqFt: 876 Levels: 2 Main Floor Master: Yes Year Built: 2027 Unit Faces: South Parcel #: 273512100008 Directions: Willoughby Way to Pitkin Reserve / Pitkin Way - Immediate first left after turning onto Pitkin Way.

Financing Info

Metro Tax District: No Taxes: 42030.3 Tax Year: 2023 Transfer Tax: No HOA Dues Y/N: Yes Association Fee: 6660.23 Association Fee Frequency: Annually Total HOA Fee Per Year: 6660.23 HOA Transfer Fee: No

Status Change Info

Status: Active

Remarks

Public Remarks: This is it - the best of the best! The most incredible development opportunity on the best lot and the best street in Aspen. Permit review underway for a brand new ~10,000 square foot house designed by a phenomenal collaboration between BiloBuck and Surround Architects. Big mountain views, Roaring Fork River views and sound, private swimming pond and waterfall, direct Rio Grande trail access, privacy, and protection from Willoughby Way vehicular traffic. Construction to commence in 2025 on this trophy property offering 6 incredible bedroom suites plus office, fitness, wellness, 3-car garage, butler's pantry and more. There is still an opportunity for customization as construction document preparation is underway now. This size home is no longer allowed under today's land use code and could not be replicated again today. Two TDRs (market value approx. $2.5M) have been extinguished as part of the County permit approval process and those rights will transfer on sale. Renderings of to-be-built home in photos and floor plans in Documents. Existing 6 bedroom home with A/C is very livable or rentable until construction commences.

Electric

Yes: Public

Property Features

Laundry Facility: Laundry Room Style: Contemporary; Two Story Exterior: Stone Siding Substructure: Finished Basement Roof: Membrane; Metal Condition: New Heating: Forced Air; Radiant Gas: Natural Gas Cooling: Central A/C Sanitation: Sewer Terms Offered: Cash; New Loan Disclosures: Seller Lic RE Agent Mineral Rights: No Water Rights: Yes Documents on File: House Plans; Soils Test; Survey/ILC HOA Fees Includes: Grounds Maintenance; Road Maintenance Location Amenities: Exposure, Southern; Pond, Stream, Lake; River Frontage; Trees; Views Sign: Yes
Listing Office: Aspen International Properties
Last Updated: November - 15 - 2024
38 PITKIN Way, Aspen, CO 81611- MLS# 185032
Broker Attribution: (970) 948-5566

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