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$24,500,000
0.27± Acres
Active
Pitkin County, CO

700 Garmisch, Aspen, Colorado

MLS ID: 177666
Status: Active
Price: $24,500,000
Acres: 0.27±
Type: Land/Lots
Address: 700 Garmisch
City, State: Aspen, CO
County: Pitkin County
ZIP Code: 81611
Parcel Number: 273513103002

Description

This is it, the only undeveloped single-family property in the Lift 1 Aspen Mountain base area. Lot 2 of the Barbee Family PUD is Located only a 400 ft, gentle grade walk from the planned Lift 1 ski lift and redeveloped area. Situated only three blocks to the heart of downtown Aspen's shopping, dining and nightlife. The homesite also backs to conserved open space that is a forever protected scenic wildlife area that has ideal access to trails and local pocket park, great for dog lovers. A building permit is pending and all affordable housing obligations and land use requirements have been satisfied. Compare that to other properties in Aspen that are subject to a lengthy, often multi-year entitlement and development process.

Adjacent lot sold for $24,500,000 in 2021.The years of gaining subdivision approvals and planning give this lot a distinct advantage and is great to buy and build or hold as an investment. Lot 2 of the Barbee Subdivision is 11,705 square feet with the ability to build 4,500 square feet above-grade. All sub-grade space is exempt. The new chair lift/gondola that is slated to be developed makes this homesite ski accessible on Aspen Mountain with a rare, easy path to a new construction home in prime downtown Aspen. The years of gaining subdivision approvals and planning give this lot a distinct advantage and is great to buy and build or hold as an investment. Lot 2 of the Barbee Subdivision is 11,705 square feet with the ability to build 4,500 square feet above-grade. All sub-grade space is exempt. The new chair lift/gondola that is slated to be developed makes this homesite ski accessible on Aspen Mountain with a rare, easy path to a new construction home in prime downtown Aspen.

Directions: Located at the top of S. Garmisch St. on the right.

Additional Information

Exterior

Electric: Yes
Lot Size Area: 0
Lot Size Square Feet: 11,705
Water Source: Public

Financial/HOA/Schools

Subdivision Name: Barbee Family Pud
Tax Annual Amount: 16052.4
Zoning: RSF
Gary Hubbell

Gary Hubbell

Hotchkiss, Colorado

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listed By: Mandy Welgos of Aspen Snowmass Sotheby's International Realty - Hyman Mall - (970) 274-3334