WEST BUTTERMILK ESTATE- Development Opportunity -
This stunning 36.5-acre property, located in the highly sought-after West Buttermilk area, offers the perfect Colorado Mountain canvas to build your dream estate. With two approved homesites and a barn, the possibilities are as expansive as the views. Just minutes from both downtown Aspen and Snowmass Village ski resort, the property is set in classic Colorado landscape with easy access to Buttermilk Ski Resorts, Maroon Creek Club, and miles of scenic biking and hiking trails.
WHY BUY NOW? The Estate is in a Strategic Window of Opportunity! Pitkin County has approved the subdivision of two residential lots that both include new homesite of 8,250 sq. ft. per lot and one 1,160 sq. ft. barn. With only a few remaining steps before final completion of the subdivision, purchasing now gives the future owner a unique advantage which is the ability to influence final building details of the subdivision, formation of the HOA and other key aspects for the future of development. Purchasing now will give you a chance to shape the property to fit your specific vision and needs.
Lot 1
Spanning approximately 15.7 acres, Lot 1 currently features a well-maintained 3,016 sq. ft. home with a two-car garage. The property offers excellent redevelopment potential, allowing for a new 8,250 sq. ft. residence (with one TDR) and a 1,160 sq. ft. barn. There is also an option to build the new residence above the existing structure, with a maximum size of 5,750 sq. ft. The current home is in good condition and can be comfortably used while final development plans are being completed.
Lot 2 - Exceptional Development Opportunity
Set on approximately 19.7 acres, this remarkable homesite offers a rare combination of flat terrain and expansive, panoramic views. With the ability to build a new 8,250 SqFt residence the property is primed for the creation of a custom estate that reflects your vision.
Located in a highly coveted area, this is a unique opportunity to shape a premier property minute away from one of the region's most desirable mountain towns.
For sale
$18,500,000
1833 W Buttermilk Rd, Aspen, CO 81611
3beds
3,016sqft
Est.:
Single Family Residence
Built in 1990
36.5 Acres Lot
$-- Zestimate®
$6,134/sqft
$-- HOA
What's special
Two approved homesitesExpansive panoramic viewsFlat terrain
- 265 days |
- 662 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: November 11, 2025 at 12:02pm
Listed by:
Christopher Wyckoff (970)927-3000,
Coldwell Banker Mason Morse-Willits
Source: AGSMLS,MLS#: 187739
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Radiant, Electric, Baseboard
Appliances
- Laundry: In Hall
Features
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,016
- Total interior livable area: 3,016 sqft
- Finished area above ground: 3,016
Property
Parking
- Total spaces: 672
- Parking features: Garage
- Garage spaces: 672
Lot
- Size: 36.5 Acres
- Features: Landscaped
Details
- Parcel number: 273510201001
- Zoning: AR-10
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Frame
- Foundation: Slab
- Roof: Metal
Condition
- Good
- New construction: No
- Year built: 1990
Utilities & green energy
- Water: Well
Community & HOA
Community
- Subdivision: West Buttermilk
Location
- Region: Aspen
Financial & listing details
- Price per square foot: $6,134/sqft
- Tax assessed value: $1,980,000
- Annual tax amount: $16,484
- Date on market: 4/14/2025
- Listing terms: New Loan,Cash
- Inclusions: Dryer, Oven, Refrigerator, Washer, Stove Top, Range, Dishwasher
Estimated market value
Not available
Estimated sales range
Not available
$39,999/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Price change | $18,500,000-5.1%$6,134/sqft |
Source: AGSMLS #187739 Report a problem | ||
| 4/14/2025 | Listed for sale | $19,500,000+58.3%$6,466/sqft |
Source: AGSMLS #187739 Report a problem | ||
| 5/25/2023 | Listing removed | -- |
Source: AGSMLS #175178 Report a problem | ||
| 10/25/2022 | Listed for sale | $12,320,000$4,085/sqft |
Source: AGSMLS #175178 Report a problem | ||
| 7/13/2022 | Contingent | $12,320,000$4,085/sqft |
Source: AGSMLS #175178 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2016 | $12,701 +96.8% | $157,610 |
| 2015 | $6,455 +2.8% | $157,610 |
| 2014 | $6,278 | $157,610 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$105,344/mo
Principal & interest
$92856
Home insurance
$6475
Property taxes
$6013
Climate risks
Neighborhood: 81611
Nearby schools
GreatSchools rating
- 5/10Aspen Middle SchoolGrades: 5-8Distance: 1.6 mi
- 9/10Aspen High SchoolGrades: 9-12Distance: 1.6 mi
- 8/10Aspen Elementary SchoolGrades: PK-4Distance: 1.6 mi
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