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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 €33,429,045

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 €25,714,650

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 f...

219 E Durant Avenue Ph-20 Aspen, CO

$29,950,000 €25,671,792

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...

219 N Monarch Street Aspen, CO

$22,950,000 €19,671,707

Residential, Single Family

  • 7 Beds
  • 7 Baths
  • 7,000 SqFt
  •  

A winning combination of location, new construction and design on an oversized corner lot just one block from the core of Aspen. This dynamic design by Cristof Eigelberger features an open floor plan with multiple indoor/outdoor entertaining space...

719 E Hopkins Avenue 201 Aspen, CO

$17,000,000 €14,571,635

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...

Tbd S Aspen Street Unit #13 Aspen, CO

$16,275,000 €13,950,198

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 €13,710,194

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...

1008 E Hopkins Avenue Aspen, CO

$15,995,000 €13,710,194

Residential, Single Family

  • 6 Beds
  • 5 Baths
  • 5,957 SqFt
  •  

Downtown Aspen with views and on the river. An incredible and rare combination. A beautifully designed and finished six bedroom home that will capture your imagination. The quaint ''historic'' Victorian home that fronts the street opens up to an i...

Tbd S Aspen Street Unit #12 Aspen, CO

$15,750,000 €13,500,191

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...

603 S Garmisch Street Aspen, CO

$15,000,000 €12,857,325

Residential, Single Family

  • 5 Beds
  • 5 Baths
  • 5,963 SqFt
  •  

This inviting contemporary home is conveniently set at the base of Aspen Mountain, in one of Aspen's most desirable locations. Situated on an 11,325 square foot lot, this beautiful five bedroom, five and a half bath home combines beauty, nature a...

120 S Juan Street Aspen, CO

$14,999,000 €12,856,468

Residential, Condo/Townhouse

  • 4 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...

126 S Juan Street Aspen, CO

$14,995,000 €12,853,039

Residential, Condo/Townhouse

  • 3 Beds
  • 3 Baths
  • 4,998 SqFt
  •  

New three bedroom home with fantastic Aspen Mountain views and a living/entertaining space that is sure to impress. Downtown convenience, ski-in access across the street, and nearly 5,000 square feet of living space - a rare and special combinatio...

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.