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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

1020 E Cooper Avenue Aspen, CO

$2,850,000 €2,499,718

Vacant Land

  • 4,379 SqFt
  •  

Right in the Core. Located four blocks to the gondola on one of Aspen's prime streets. Ripe for redevelopment, this writer's cabin can be transformed into your dream downtown home. Available for the first time in 50 years, this is an opportunity ...

Tdr 1 City Tdrs Aspen, CO

$150,000 €131,564

Vacant Land

  •  

Transferable Development Right can be used to allow the initial development right for a single family home within the City of Aspen or 250 Sq Ft of additional floor area by right.

City Tdr City Tdr Aspen, CO

$185,000 €162,262

Vacant Land

  •  

SELLER HAS SEVERAL CITY OF ASPEN TDRs available. Allows for the addition of 250 sq ft of floor area per TDR and can now be combined with another TDR in most zone districts. In some cases allows for 500 sq ft by right. READY TO GO - QUICK AND CLEAN...

975 King Street Aspen, CO

$5,995,000 €5,258,179

Vacant Land

  • 16,616 SqFt
  •  

Prime Aspen property that captures the rare combination of views, privacy and a short walk to downtown shops and restaurants! Over a third of an acre with a flat building area and an existing home to rent or occupy during the design/permit/build p...

Tdr City City Of Aspen Aspen, CO

$185,000 €162,262

Vacant Land

  •  

City of Aspen TDR #049 allows for 250 sq. ft. floor area or net livable area for qualifying sites. Please call for more information.

404 S Galena Street 207 Aspen, CO

$495,000 €434,162

Residential, Condo/Townhouse

  • 1 Bath
  • 300 SqFt
  •  

Renovations were just completed on this contemporary studio condo located in Aspen's epicenter, only 1 block to the gondola! As an owner or renter enjoy complimentary continental breakfast/apres ski wine and cheese in the newly renovated lobby and...

415 E Dean Street Unit 44a-12 Aspen, CO

$35,000 €30,698

Fractional

  • 1 Bath
  • 441 SqFt
  •  

Second floor studio unit with marble bathroom and gas fireplace. Great ski week plus float points each year. March 25-April 1, 2018. March 24-31, 2019. Premium downtown Aspen location, 1 block to the Silver Queen Gondola. Walk to everything. All ...

404 S Galena Street 307 Aspen, CO

$529,000 €463,983

Residential, Condo/Townhouse

  • 1 Bath
  • 300 SqFt
  •  

Located right in the heart of Aspen's downtown mall, this unbelievable location is only one block to the gondola and steps from world class restaurants, shopping and entertainment. This sought after fully furnished unit has unobstructed views of ...

725 E Main Street 102 Aspen, CO

$477,500 €418,812

Residential, Condo/Townhouse

  • 1 Bath
  • 350 SqFt
  •  

This 1st floor corner unit is ideally located with easy access to all that Aspen has to offer! Granite counter tops, maple cabinets, natural light with extra insulated windows and new carpet in 2015. Offered partially furnished. Large storage ...

311 S Aspen Street 2 Aspen, CO

$5,000 €4,385

Rentals

  • 1 Bath
  • 633 SqFt
  •  

This wonderful condo is conveniently located in the Aspen downtown core. Walk to Aspen's Silver Queen gondola, shopping and world class restaurants. Only one block away from Wagner Park.Hop on the bus to Snowmass by simply walking across the stree...

404 S Galena Street 212 Aspen, CO

$6,000 €5,263

Rentals

  • 1 Bath
  • 300 SqFt
  •  

Cooper and Galena St

EXCLUSIVE

415 E Dean St. Unit 23a, Week 7 Aspen, CO

$45,000 €39,469

Fractional

  • 1 Bath
  • 458 SqFt
  •  

Studio condominium located on second floor with fireplace, microwave and mini refrigerator. Hyatt Grand Aspen offers outstanding service and amenities. Walk to lifts, restaurants and shopping. Enjoy week 7 (includes President's Day) every year alo...

415 E Dean St, Unit 23a, Week 29 Aspen, CO

$33,000 €28,944

Fractional

  • 1 Bath
  • 458 SqFt
  •  

Studio condominium located on second floor with fireplace, microwave and mini refrigerator. Hyatt Grand Aspen offers outstanding service and amenities. Walk to lifts, restaurants and shopping. Enjoy week 29 every year along with use of approximate...

415 E Dean Street Unit 44c Week 34 Aspen, CO

$19,500 €17,103

Fractional

  • 1 Bath
  • 436 SqFt
  •  

1/20 interest in this luxury studio apartment at the Hyatt Grand Aspen in the heart of Aspen one block to the Silver Queen Gondola. Third floor south facing with view of Aspen Mountain plus balcony. You get fixed week 34. August 25-September 1, 20...

119 E Cooper Avenue Unit 27 Aspen, CO

$550,000 €482,402

Residential, Condo/Townhouse

  • 1 Bath
  • 317 SqFt
  •  

Walk to work/restaurants/skiing from this desirable Winfield Arms unit located between Wagner & Koch parks. Top floor with Ajax views, great light and quiet. Newly remodeled & furnished with warm contemporary decor. This is a great rental unit or ...

900 E Hopkins Avenue 2 Aspen, CO

$395,000 €346,452

Residential, Condo/Townhouse

  • 1 Bath
  • 277 SqFt
  •  

Great investment property! Downtown studio apartment within walking distance to gondola, restaurants and shops. In complex laundry. Steps away from the Roaring Fork River.

404 S Galena Street 312 Aspen, CO

$539,500 €473,192

Residential, Condo/Townhouse

  • 1 Bath
  • 300 SqFt
  •  

Located in downtown Aspen right on the mall and only one block to the Gondola. Close to shops, restaurants and Aspen nightlife. 3rd Floor condo with views of Aspen Mtn. Roof top deck with Hot Tub. Complimentary continental breakfast and Apres ski ...

EXCLUSIVE

400 E Dean Street Unit 44C-10 Aspen, CO

$35,000 €30,698

Fractional

  • 1 Bath
  • 436 SqFt
  •  

1/20 interest in this studio condo Fixed Week #10 March 10th-17th, plus floating week and split floating week each year. Great location in the heart of Aspen only one block to the Silver Queen Gondola and everything Aspen has to offer. Plus tradin...

311 S Aspen Street #5 Aspen, CO

$1,575,000 €1,381,423

Residential, Condo/Townhouse

  • 1 Bath
  • 847 SqFt
  •  

Wake up to Alpine splendor in an elegant, bright contemporary condo. The perfect location in the highly desired central core. Convenient to all four ski areas and walk-able to the Aspen Mountain gondola and 1A lift. Clean lines and modern feature...

935 E Hopkins Avenue 2 Aspen, CO

$638,000 €559,586

Residential, Condo/Townhouse

  • 1 Bath
  • 555 SqFt
  •  

Quiet garden level studio in well kept building. Unit has fire place, private patio, ski locker, on site laundry. Easy walk to downtown, market and gondola.

415 E Dean St, Unit 23a, Week 5 Aspen, CO

$45,000 €39,469

Fractional

  • 1 Bath
  • 458 SqFt
  •  

Studio condominium located on second floor with fireplace, microwave and mini refrigerator. Hyatt Grand Aspen offers outstanding service and amenities. Walk to lifts, restaurants and shopping. Enjoy week 5 every year along with use of approximatel...

101 E Cooper Avenue 202 Aspen, CO

$7,000 €6,140

Rentals

  • 1 Bed
  • 1 Bath
  • 775 SqFt
  •  

Completely remodeled aspen wild unit in the heart of downtown aspen with sleek urban finishes and elegant simplicity throughout. Close proximity to lift 1A just around the corner, and all the hottest shopping and dining spots around Aspen! Other ...

301 E Hyman Avenue 106 (wks 9, 30, 41) Aspen, CO

$12,000 €10,525

Fractional

  • 1 Bed
  • 2 Baths
  • 655 SqFt
  •  

Best deal in Aspen! This one-bedroom, two-bathroom central core condo is available for weeks 9, 30 and 41. 655 sq. ft. with wood burning fireplace, flat screen TVs and a private hot tub/sauna on your deck with a privacy shade. The Prospector is ce...

415 Rio Grande Place 202 Aspen, CO

$495,000 €434,162

Residential, Condo/Townhouse

  • 1 Bed
  • 1 Bath
  • 706 SqFt
  •  

Jump on this opportunity to have your own space in downtown Aspen! Unbeatable location on Rio Grande Park (yes, you can have a dog). Lots of natural light in this second floor spacious one bedroom facing Red Mountain. Contemporary style with hardw...

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.