Boasting a prestigious Pitkin Way address, this lower Red Mountain, authentic European mountain chalet boasts seven bedrooms. Sited on a flat acre with a tranquil pond, firepit, and easy access to The Rio Grand Trail, providing easy access to the Aspen Institute, the Music Tent, and downtown Aspen. The home is suitable as-is or provides an opportunity for the new owner to make it their own. South-facing views, proximity to downtown, and this coveted, rarely available location make this a unique buying opportunity for the most discerning Aspen buyer.
Sold for $15,375,000 on 06/05/23
$15,375,000
38 Pitkin Way, Aspen, CO 81611
7beds
6,289sqft
Single Family Residence
Built in 1968
1 Acres Lot
$36,703,500 Zestimate®
$2,445/sqft
$140,268 Estimated rent
Home value
$36,703,500
$29.00M - $46.25M
$140,268/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 31, 2024 at 07:27pm
Listed by:
Steven Shane 970-925-6063,
Compass Aspen
Bought with:
Riley Warwick, FA100054819
Douglas Elliman Real Estate-Durant
Source: AGSMLS,MLS#: 177508
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Hot Water, Natural Gas, Baseboard
Cooling
- A/C, Central Air
Appliances
- Laundry: Inside
Features
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 6,289
- Total interior livable area: 6,289 sqft
Property
Features
- Fencing: Fenced
- Waterfront features: River Front
Lot
- Size: 1 Acres
- Features: Cul-De-Sac, Landscaped
Details
- Parcel number: 273512100008
- Zoning: R-30
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Stucco, Frame
- Foundation: Slab
- Roof: Composition
Condition
- Excellent
- New construction: No
- Year built: 1968
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Available, Electricity Not Available
Community & neighborhood
Security
- Security features: Security System
Location
- Region: Aspen
- Subdivision: Red Mountain
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $5,338 annually
- Services included: Sewer, Maintenance Grounds
Other
Other facts
- Listing terms: New Loan,Cash
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2025 | Listing removed | $35,995,000$5,723/sqft |
Source: AGSMLS #185032 | ||
| 8/12/2024 | Listed for sale | $35,995,000+134.1%$5,723/sqft |
Source: AGSMLS #185032 | ||
| 6/5/2023 | Sold | $15,375,000-35.9%$2,445/sqft |
Source: AGSMLS #177508 | ||
| 3/31/2023 | Contingent | $24,000,000$3,816/sqft |
Source: AGSMLS #177508 | ||
| 3/31/2023 | Pending sale | $24,000,000$3,816/sqft |
Source: AGSMLS #177508 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $46,066 +9.6% | $1,641,640 +2.4% |
| 2024 | $42,030 +28.9% | $1,603,860 -0.9% |
| 2023 | $32,599 +0.3% | $1,618,410 +57.3% |
Find assessor info on the county website
Neighborhood: 81611
Nearby schools
GreatSchools rating
- 5/10Aspen Middle SchoolGrades: 5-8Distance: 1.4 mi
- 9/10Aspen High SchoolGrades: 9-12Distance: 1.4 mi
- 8/10Aspen Elementary SchoolGrades: PK-4Distance: 1.4 mi