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Aspen Downtown Core

The heart of Aspen’s commercial core is a mere sixteen square block area but it contains some of the most sought after luxury real estate in the world. It is minutes to Fifth Avenue-style shopping, the finest of dining, multiple entertainment venues, art galleries, a vibrant nightlife, several city parks and just steps to the Aspen Mountain Gondola. A limited number of penthouses, high-end condominiums and single-family dwellings within walking distance of all that Aspen has to offer define “exclusivity.” The continual redevelopment of commercial buildings and residential structures brings a more contemporary and sophisticated look to downtown Aspen but its historical mountain beauty is ever present and priceless.

The downtown core is also desirable for investors looking to rent their property because of the high desirability of visitors to be in town during their stays to have easy access to the slopes, shopping and nightlife.

In recent years there have been record-breaking sales for larger penthouses in the downtown core of Aspen (including a $4,275 per square foot sale in February 2016) because of a law passed by City Council in 2013 limiting residential units in this area to 2,000 square feet. Thus, the market has commanded a larger premium for the rare penthouses that were already in existence that far exceed the 2,000 SF limitation. These now non-conforming units may be maintained, but may not be expanded upon.

In 2015, the average price per square foot of a condo/townhome/duplex unit up to 2,000 square feet in the commercial downtown core of Aspen was $1,307, and the average for those units above 2,000 square feet was $2,127.

Aspen Downtown Core Real Estate Listings

219 E Durant Avenue Ph-20 Aspen, CO

$29,950,000 €27,462,712

Residential, Condo/Townhouse

  • 4 Beds
  • 4 Baths
  • 3,009 SqFt
  •  

A must see location and home, in a town known for special and unique properties this is truly at the top of the list. Four bedrooms, all on one level, with private elevator access and two car garage parking. The finishes and furnishings are over t...

934 S Mill Street Aspen, CO

$29,250,000 €26,820,846

Residential, Single Family

  • 7 Beds
  • 8 Baths
  • 9,162 SqFt
  •  

Top of Mill - top of the hill! Premium location, ski in/ski out, walk to town. This rare find is one of a kind. Big views towards Red Mountain and enjoy the privacy of Aspen Mountain from the back patio. Built in 2012, this refined family home ...

135 E Cooper Avenue Aspen, CO

$23,500,000 €21,548,372

Residential, Single Family

  • 7 Beds
  • 7 Baths
  • 6,462 SqFt
  •  

The J. M. Dixon house - one of the most desirable and enchanting homes in the core of Aspen. Gracefully situated on a corner 6500 sq. foot lot, just 3 blocks to the gondola and 1 block to Lift 1A, this newly renovated seven- bedroom residence mast...

Tbd S Aspen Street Unit #13 Aspen, CO

$16,275,000 €14,923,394

Residential, Condo/Townhouse

  • 3 Beds
  • 4 Baths
  • 5,920 SqFt
  •  

Where it all began! Located at the base of Aspen Mountain and adjacent to the prized Lift 1A, One Aspen is a highly anticipated offering and the last of its kind. The collection of fourteen mountainside residences is as close to recreation paradis...

440 S Riverside Avenue Aspen, CO

$15,995,000 €14,666,647

Residential, Single Family

  • 5 Beds
  • 7 Baths
  • 5,622 SqFt
  •  

Welcome to Riverside on the Park, Bowden Development's newest Aspen home project - three blocks to City Market, perched above Anderson City Park, overlooking the Roaring Fork River with amazing south and west views of Aspen Mountain and beyond. Wa...

Tbd S Aspen Street Unit #12 Aspen, CO

$15,750,000 €14,441,994

Residential, Condo/Townhouse

  • 3 Beds
  • 4 Baths
  • 5,507 SqFt
  •  

Where it all began! Located at the base of Aspen Mountain and adjacent to the prized Lift 1A, One Aspen is a highly anticipated offering and the last of its kind. The collection of fourteen mountainside residences is as close to recreation paradis...

905 E Hopkins Avenue Aspen, CO

$14,950,000 €13,708,432

Residential, Single Family

  • 4 Beds
  • 4 Baths
  • 4,877 SqFt
  •  

Imagine relaxing in your pool while you listen to the bubbling water feature, or lounging on the patio with the fire pit warming a cool Colorado evening, or perhaps dining al fresco with your closest friends and family. All of this and more in dow...

Tbd S Aspen Street Unit #10 Aspen, CO

$14,095,000 €12,924,438

Residential, Condo/Townhouse

  • 3 Beds
  • 4 Baths
  • 5,256 SqFt
  •  

Where it all began! Located at the base of Aspen Mountain and adjacent to the prized Lift 1A, One Aspen is a highly anticipated offering and the last of its kind. The collection of fourteen mountainside residences is as close to recreation paradis...

132 N Spring Street Aspen, CO

$12,500,000 €11,461,900

Residential, Condo/Townhouse

  • 5 Beds
  • 5 Baths
  • 5,340 SqFt
  •  

Completely renovated with a light touch and crisp design, what was once an "old school" townhome now sets the standard for contemporary flair. Located in the rear of the River Park complex and away from Main Street, the south-facing home features...

134 N Spring Street Aspen, CO

$12,500,000 €11,461,900

Residential, Condo/Townhouse

  • 4 Beds
  • 4 Baths
  • 5,653 SqFt
  •  

In the process of being completely renovated with a warm and contemporary palate. Marble, wood, architectural steel and stone finishes of the highest caliber. The privacy of this location is truly unique given that it's on the doorstep to downtown...

Tbd S Aspen Street Unit #9 Aspen, CO

$12,195,000 €11,182,230

Residential, Condo/Townhouse

  • 3 Beds
  • 4 Baths
  • 4,385 SqFt
  •  

Where it all began! Located at the base of Aspen Mountain and adjacent to the prized Lift 1A, One Aspen is a highly anticipated offering and the last of its kind. The collection of fourteen mountainside residences is as close to recreation paradis...

420 E Hyman Avenue Aspen, CO

$9,995,000 €9,164,935

Residential, Condo/Townhouse

  • 3 Beds
  • 3 Baths
  • 2,610 SqFt
  •  

To be built top floor Penthouse with expansive views in a unique downtown core location on the Hyman Avenue Pedestrian Mall, adjacent to world-class shopping & restaurants. This fully entitled Penthouse project is a rare opportunity in the core of...

The information being provided by the Aspen/Glenwood Springs MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.