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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

1011 Ute Avenue Aspen, CO

$39,000,000 €31,721,430

Residential, Single Family

  • 7 Beds
  • 7 Baths
  • 18,943 SqFt
  •  

The complete package in downtown Aspen! Unbelievable and irreplaceable location with ski access and a short walk to restaurants, shops, and all that downtown Aspen has to offer. Seven bedrooms, eleven bathrooms and over 18,000 square feet of livin...

19 Little Cloud Trail Aspen, CO

$30,000,000 €24,401,100

Residential, Single Family

  • 6 Beds
  • 8 Baths
  • 10,603 SqFt
  •  

Remarkable new construction six bedroom home in downtown Aspen. Over a third of an acre with a flowing water feature and pond, several outdoor entertaining and lounge areas (including a very cool sky lounge) and abundant landscaping. Look no furth...

219 E Durant Avenue Ph-20 Aspen, CO

$29,950,000 €24,360,432

Residential, Condo/Townhouse

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

Brand new construction complete! 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 fi...

905 E Hopkins Avenue Aspen, CO

$21,995,000 €17,890,073

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...

135 E Cooper Avenue Aspen, CO

$19,950,000 €16,226,732

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...

616 S Galena Street Aspen, CO

$18,500,000 €15,047,345

Residential, Condo/Townhouse

  • 4 Beds
  • 4 Baths
  • 3,788 SqFt
  •  

LOCATION, LOCATION, LOCATIONIf you want Aspen's finest core location, this is it! next to Residences at the Little Nell, this full-ownership 3-level townhouse with private elevator and FOUR-car garage offers spectacular views of Aspen Mtn, Red Mt...

917 S Mill Street Aspen, CO

$18,500,000 €15,047,345

Residential, Condo/Townhouse

  • 4 Beds
  • 5 Baths
  • 6,578 SqFt
  •  

One of the largest Ski-inn townhomes in downtown Aspen. Perched at the base of Aspen Mountain with exceptional views of Aspen Mountain & the valley. High end finishes, timber trusses, vaulted ceilings, hardwood flooring, radiant heat, AC, gourmet ...

719 E Hopkins Avenue 201 Aspen, CO

$17,000,000 €13,827,290

Residential, Condo/Townhouse

  • 5 Beds
  • 4 Baths
  • 4,554 SqFt
  •  

Superior 5-bedroom townhome is a showcase for sophisticated in-town living. Red sandstone steps lead up to modern interiors complemented by wide plank European oak floors, integral plaster walls and decorative lighting. Light cascades through sout...

120 S Juan Street Aspen, CO

$16,490,000 €13,412,471

Residential, Condo/Townhouse

  • 3 Beds
  • 3 Baths
  • 4,848 SqFt
  •  

Brand new construction at the base of Aspen Mountain! The perfect combination of impeccable interior design, convenience to downtown, and proximity to skiing. The One Aspen townhomes are Aspen's latest real estate success story and this home is th...

Tbd S Aspen Street Unit #13 Aspen, CO

$16,275,000 €13,237,597

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...

1118 E Waters Aspen, CO

$16,100,000 €13,095,257

Residential, Single Family

  • 5 Beds
  • 6 Baths
  • 5,829 SqFt
  •  

The Blackbird House, designed by internationally recognized architect Will Bruder. Located at the end of Waters Avenue in a private cul-de-sac yet only 3 blocks from the gondola. This is truly one of kind urban, mountain, contemporary home. Lig...

440 S Riverside Avenue Aspen, CO

$15,995,000 €13,009,853

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...

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.