Unique opportunity to own one of Aspen's most magical contemporary homes located on the Roaring Fork River. Located only 2.5 miles from the vibrancy of downtown Aspen, this thoughtfully designed residence offers the perfect blend of privacy, serenity, and proximity. With the Roaring Fork in your backyard, the home provides seamless indoor-outdoor living, featuring multiple entertaining areas, including an expansive riverside backyard, generous decks, and a beautifully designed courtyard patio. Inside, natural light floods the open-concept living spaces, which include a chef's kitchen, dining area, great room, and five en-suite bedrooms. A versatile oversized flex space offers endless possibilities; ideal for a wellness retreat, media room, executive office, or artist's studio. Art walls are abundant throughout. With the Rio Grande Trail just moments away, this home offers both connection to nature and easy access to Aspen's year-round vitality.
For sale
$22,950,000
1220 Red Butte Dr, Aspen, CO 81611
5beds
5,872sqft
Est.:
Single Family Residence
Built in 1984
0.56 Acres Lot
$-- Zestimate®
$3,908/sqft
$-- HOA
What's special
Roaring fork riverGenerous decksRiverside backyardCourtyard patioGreat roomMedia roomWellness retreat
- 161 days |
- 586 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: January 29, 2026 at 12:11pm
Listed by:
Steven Shane 970-925-6063,
Compass Aspen
Source: AGSMLS,MLS#: 190297
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Radiant
Cooling
- A/C
Appliances
- Laundry: Inside
Features
- Number of fireplaces: 2
- Fireplace features: Gas
- Furnished: Yes
Interior area
- Total structure area: 5,872
- Total interior livable area: 5,872 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Split Level
Lot
- Size: 0.56 Acres
Details
- Parcel number: 273501316004
- Zoning: R-30
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Level,Contemporary
- Property subtype: Single Family Residence
Materials
- Wood Siding, Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Security System
- Subdivision: Red Butte Subd
Location
- Region: Aspen
Financial & listing details
- Price per square foot: $3,908/sqft
- Tax assessed value: $20,793,100
- Annual tax amount: $56,796
- Date on market: 9/29/2025
- Listing terms: Cash
- Inclusions: Ceiling Fan, Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Dishwasher
Estimated market value
Not available
Estimated sales range
Not available
$139,836/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Listed for sale | $22,950,000+22.8%$3,908/sqft |
Source: AGSMLS #190297 Report a problem | ||
| 9/17/2021 | Sold | $18,688,000-6.3%$3,183/sqft |
Source: AGSMLS #171234 Report a problem | ||
| 8/16/2021 | Pending sale | $19,950,000$3,397/sqft |
Source: AGSMLS #171234 Report a problem | ||
| 7/22/2021 | Listed for sale | $19,950,000+50.5%$3,397/sqft |
Source: AGSMLS #171234 Report a problem | ||
| 8/31/2020 | Sold | $13,260,000-11.6%$2,258/sqft |
Source: Public Record Report a problem | ||
| 7/3/2020 | Pending sale | $15,000,000$2,554/sqft |
Source: Slifer Smith & Frampton Real Estate #164860 Report a problem | ||
| 6/22/2020 | Listed for sale | $15,000,000+4900%$2,554/sqft |
Source: Slifer Smith & Frampton Real Estate #164860 Report a problem | ||
| 9/25/2008 | Sold | $300,000-93.9%$51/sqft |
Source: Public Record Report a problem | ||
| 1/17/2008 | Sold | $4,950,000+17.2%$843/sqft |
Source: Public Record Report a problem | ||
| 7/5/2006 | Sold | $4,225,000+20.7%$720/sqft |
Source: Public Record Report a problem | ||
| 9/16/2005 | Sold | $3,500,000$596/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $56,796 +9.2% | $1,299,570 -24.9% |
| 2024 | $52,014 +142.4% | $1,731,340 -0.9% |
| 2023 | $21,457 +2.2% | $1,747,120 +198.5% |
| 2022 | $20,991 | $585,260 -1.1% |
| 2021 | -- | $591,570 +0.6% |
| 2020 | $21,186 +0.8% | $588,080 |
| 2019 | $21,010 +21% | $588,080 -0.7% |
| 2018 | $17,362 | $592,190 +4.5% |
| 2017 | $17,362 +13.3% | $566,620 +20.3% |
| 2016 | $15,319 +0.2% | $470,850 |
| 2015 | $15,290 +75.1% | $470,850 +77.1% |
| 2014 | $8,732 | $265,870 |
| 2013 | -- | $265,870 -32.2% |
| 2012 | $12,418 | $392,300 |
| 2011 | -- | $392,300 -11% |
| 2010 | -- | $440,670 |
| 2009 | -- | $440,670 +34.6% |
| 2008 | $9,940 +28.7% | $327,490 |
| 2006 | $7,725 +17.8% | $327,490 +39.9% |
| 2005 | $6,558 | $234,160 +8.5% |
| 2004 | -- | $215,820 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
| 1999 | -- | $1,527,300 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$121,462/mo
Principal & interest
$114003
Property taxes
$7459
Climate risks
Neighborhood: 81611
Nearby schools
GreatSchools rating
- 5/10Aspen Middle SchoolGrades: 5-8Distance: 1.3 mi
- 9/10Aspen High SchoolGrades: 9-12Distance: 1.3 mi
- 8/10Aspen Elementary SchoolGrades: PK-4Distance: 1.3 mi
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