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For sale
  • Price cut: $2M (2/6)
    $39,500,000

    294 Draw Dr, Aspen, CO 81611

    6beds
    9,264sqft
    : 
    Single Family Residence
    Built in 2010
    0.79 Acres Lot
    $35,527,100 Zestimate®
    $4,264/sqft
    $358/mo HOA

    What's special

    Dramatic mountain viewsPanoramic viewsSophisticated wine roomPrivate cinemaSculptural glass elevatorDual primary suitesSpa-inspired en-suite bathrooms
    This masterfully designed lower Red Mountain estate features 6 expansive bedrooms with spa-inspired en-suite bathrooms, offering an unparalleled level of scale and sophistication. The residence is anchored by dual primary suites, two incomparable sanctuaries providing equal measures of privacy, luxury, and panoramic views. From the grand entrance, the silhouette of the Elk Range takes center stage, framing an artfully appointed living area and den. The open-concept kitchen, dining, and living areas are well-balanced, creating intentional spaces for both intimate gatherings and more formal events. The professional-grade kitchen is both a powerful tool in the hands of a culinary master and the epicenter of family gatherings. The lower level is the ultimate space for entertaining, featuring a bespoke bar and a sprawling lounge designed for hosting at any scale. This floor seamlessly integrates a private cinema, a sculptural glass elevator, and a sophisticated wine room. Even from this level, dramatic mountain views follow you around every corner. The living areas extend effortlessly outdoors to expansive terraces, where a custom spa is perfectly positioned to capture the romance of Red Mountain. Offering a front-row seat to the alpenglow and panoramic vistas, this space is the ultimate vantage point. The property effortlessly folds into the natural setting of salvation ditch and the surrounding natural cooridor. Complete with a spacious garage and a premier ADU perfect for guests or staff, this estate is a zen retreat that balances high-octane entertaining with serene mountain beauty.
    56 days
    |
    3,354
    |
    113
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 13, 2026 at 12:52pm

    Listed by:

    Jonathan Boxer (970)544-5800,

    Christie's International Real Estate Aspen Snowmass,

    Scott James Weber 970-948-2766,

    Christie's International Real Estate Aspen Snowmass

    Source: AGSMLS,MLS#: 191329

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 9
    • Full bathrooms: 6
    • 1/2 bathrooms: 3
    Heating
    • Solar, Radiant, Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Elevator
    • Basement: Finished
    • Number of fireplaces: 4
    • Fireplace features: Gas
    Interior area
    • Total structure area: 9,264
    • Total interior livable area: 9,264 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Split Level
    Lot
    • Size: 0.79 Acres
    • Features: Landscaped
    Details
    • Parcel number: 273501404008
    • Zoning: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Split Level,Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Stucco, Frame
    • Roof: Composition
    Condition
    • Excellent
    • New construction: No
    • Year built: 2010

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Available

    Community & HOA

    Community
    • Subdivision: Ridge of Red Mountain
    HOA
    • Has HOA: Yes
    • Services included: Contingency Fund, Snow Removal, Maintenance Grounds
    • HOA fee: $4,300 annually
    Location
    • Region: Aspen

    Financial & listing details

    • Price per square foot: $4,264/sqft
    • Tax assessed value: $22,387,100
    • Annual tax amount: $45,677
    • Date on market: 1/12/2026
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    Estimated market value

    $35,527,100

    $33.75M - $37.30M

    $125,408/mo

    Price history

    Price history
    DateEventPrice
    2/6/2026Price change$39,500,000-4.8%$4,264/sqft
    Source: AGSMLS #191329 Report a problem
    1/12/2026Listed for sale$41,500,000+97.6%$4,480/sqft
    Source: AGSMLS #191329 Report a problem
    7/24/2023Sold$21,000,000+13025%$2,267/sqft
    Source: AGSMLS #180336 Report a problem
    12/17/2021Listing removed--
    Source: Engel & Volkers Report a problem
    12/15/2021Listed for sale$160,000-98.7%$17/sqft
    Source: Engel & Volkers #18881 Report a problem
    11/17/2020Sold$12,500,000-3.5%$1,349/sqft
    Source: Public Record Report a problem
    10/20/2020Pending sale$12,950,000$1,398/sqft
    Source: Christie's International Real Estate Aspen Snowmass #160832 Report a problem
    9/25/2019Price change$12,950,000-10.7%$1,398/sqft
    Source: Christie's International Real Estate Aspen Snowmass #160832 Report a problem
    7/4/2019Listed for sale$14,495,000+448%$1,565/sqft
    Source: Aspen Snowmass Sotheby's International Realty-Hyman Mall #160215 Report a problem
    12/28/2001Sold$2,645,000$286/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$65,190 +9.6%$1,399,190 -38.4%
    2024$59,475 +52.9%$2,270,070 -0.9%
    2023$38,887 +0.3%$2,291,080 +86.5%
    2022$38,786 $1,228,360 -2.8%
    2021-- $1,263,710 +28.1%
    2020$30,521 +0.5%$986,700
    2019$30,356 -5.5%$986,700 -11.3%
    2018$32,133 $1,112,990 +6.5%
    2017$32,133 +15.1%$1,045,020 +23.1%
    2016$27,912 +20.7%$849,070
    2015$23,134 +11.6%$849,070 +11.4%
    2014$20,728 $762,370
    2013-- $762,370 +1.9%
    2012$19,767 $748,250
    2011-- $748,250 +19.8%
    2010-- $624,760 +62.5%
    2009-- $384,450 +18.8%
    2008$8,053 +47.8%$323,610
    2006$5,449 +2.5%$323,610 +63.7%
    2005$5,314 $197,630 -7.2%
    2004-- $212,990
    2003-- --
    2002-- --
    2001-- --
    2000-- --
    1999-- $1,644,700

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $209,410/mo
    Principal & interest
    $196214
    Property taxes
    $12838
    HOA Fees
    $358

      Climate risks

      Neighborhood: 81611

      Getting around

      2 / 100
      Car-Dependent
      51 / 100
      Bikeable

      Nearby schools

      GreatSchools rating

      Local experts in 81611

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