Under contract

$28,900,000

323 E Reds Rd, Aspen, CO 81611

5beds

4,904sqft

Est.:

Single Family Residence

Built in 1975

0.73 Acres Lot

$25,335,800 Zestimate^®

$5,893/sqft

$192/mo HOA

What's special

Enticing aspen mountain viewsLuxury finishesFive en-suite bedroomsCustom furnishingsThree outdoor terracesMature aspen groves

A truly exceptional opportunity on one of Aspen's most coveted locations. This newly designed contemporary estate, scheduled for completion in early 2026, is situated in the exclusive Red Mountain Ranch neighborhood. A rare blend of privacy, luxury, and proximity that simply won't last. Set on a lush ¾-acre lot surrounded by mature Aspen groves, the home captures enticing Aspen Mountain views from nearly every angle. With five en-suite bedrooms, two expansive living areas, and three outdoor terraces designed for effortless indoor-outdoor living, this 4,900 sqft residence delivers elevated mountain living at its finest. Thoughtfully crafted by Elevate Development & Design, every inch is curated with luxury finishes, custom furnishings, and impeccable attention to detail. Just minutes from downtown yet worlds away, this is Aspen living without compromise.

261 days

95

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1

Bedroom 1

Level: Main

Bedroom 2

Level: Upper

Bedroom 3

Level: Lower

Bedroom 4

Level: Lower

Bedroom 5

Level: Lower

Heating

Radiant

Cooling

Central Air

Appliances

Laundry: Common Area

Features

Basement: Finished
Number of fireplaces: 2
Fireplace features: Gas
Furnished: Yes

Interior area

Total structure area: 4,904
Total interior livable area: 4,904 sqft

Property

Parking

Total spaces: 2
Parking features: Garage, Carport
Garage spaces: 2
Has carport: Yes

Lot

Size: 0.73 Acres

Details

Parcel number: 273706303008
Zoning: R-30

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Concrete, Wood Siding, Frame
Roof: Metal

Condition

Excellent,New Construction
New construction: Yes
Year built: 1975

Utilities & green energy

Water: Public

Community & HOA

Community

Security: Security System
Subdivision: Red Mountain Ranch

HOA

Has HOA: Yes
HOA fee: $2,300 annually

Location

Region: Aspen

Financial & listing details

Price per square foot: $5,893/sqft
Tax assessed value: $12,023,900
Annual tax amount: $26,111
Date on market: 7/8/2025
Listing terms: New Loan,Cash
Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher

Estimated market value

$25,335,800

$23.82M - $26.86M

$107,898/mo

Price history

Date	Event	Price
1/28/2026	Contingent	$28,900,000$5,893/sqft
Source: AGSMLS #189105 Report a problem
7/8/2025	Listed for sale	$28,900,000+81.8%$5,893/sqft
Source: AGSMLS #189105 Report a problem
2/9/2022	Listing removed	--
Source: AGSMLS #171051 Report a problem
7/10/2021	Listed for sale	$15,900,000+31.4%$3,242/sqft
Source: AGSMLS #171051 Report a problem
6/21/2021	Sold	$12,100,000-6.9%$2,467/sqft
Source: AGSMLS #169983 Report a problem
5/14/2021	Pending sale	$13,000,000$2,651/sqft
Source: AGSMLS #169983 Report a problem
5/14/2021	Listed for sale	$13,000,000$2,651/sqft
Source: AGSMLS #169983 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$26,111 -18.3%	$751,490 -17.6%
2024	$31,955 +79%	$911,450 -26%
2023	$17,848 +30.8%	$1,232,230 +118.6%
2022	$13,650	$563,770 +26.8%
2021	--	$444,740 +5.1%
2020	$13,094 +0.5%	$423,310
2019	$13,023 +22.6%	$423,310 -0.7%
2018	$10,619	$426,270 +23.4%
2017	$10,619 +15.1%	$345,360 +1.7%
2016	$9,225 -0.3%	$339,700
2015	$9,255 +5.2%	$339,700 +4.9%
2014	$8,801	$323,680
2013	--	$323,680 +16.5%
2012	$7,339	$277,830
2011	--	$277,830 -33.5%
2010	--	$417,830
2009	--	$417,830 +23.6%
2008	$8,411 +44.8%	$338,010
2006	$5,808 +10.1%	$338,010 +60.5%
2005	$5,276	$210,650 -0.4%
2004	--	$211,470
2003	--	--
2002	--	--
2001	--	--
2000	--	--
1999	--	$1,651,800