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Core Development Opportunity

$12,300,000

Core Development Opportunity

700 & 701 S Garmisch Street, Aspen, CO 81611

Description

Unique development opportunity at the base of Lift 1A within the core of Aspen. Lots 1 and 2 of the Barbee Subdivision are offered together for the first time ever. Direct access to trails and views while being able to walk to Aspen's vibrant downtown and Lift 1 Base area approved for major improvements. Lot 1 is 2.3 acres with a non-historic home that is approximately 3,000 square feet and allows for redevelopment of 4,500 square feet above-grade. Lot 2 is 11,705 square feet with the ability to build 4,500 square feet above-grade. All sub-grade space is exempt. The affordable housing impact requirements have been satisfied on Lot 2. The years of gaining subdivision approvals give these lots an advantage to start the building process. See documents tab for zoning summary.

Features

3 Beds

3 Baths

3,060 Sq.Ft. Living Area

2.5 Acres Lot

Features & Amenities

Interior

Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 3
Laundry Room Area

Exterior

ROOF Shingle
Heat Type Forced Air, Gas

Area & Lot

Status Sold
LIVING SPACE 3,060 Sq.Ft.
LOT SIZE 2.5 Acres
MLS ID 159715
Type RESIDENTIAL
Year Built 1880
Architecture Styles Cabin

Financial

SALES PRICE $12,300,000
REAL ESTATE TAXES $30,294
Zoning R-15 and AH1/PUD
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Matthew Breitenbach

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