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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

$25,000 €22,111

Rentals

  • 7 Beds
  • 7 Baths
  • 18,500 SqFt
  •  

Main Level: Master suite with fireplace and ski-in access, private elevator access, commercial kitchen, dining room for twelve, living room with grand cathedral ceilings and fireplace, family room with fireplace, kitchen with banquette breakfast s...

975 King Street Aspen, CO

$5,495,000 €4,860,036

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...

19 Little Cloud Trail Aspen, CO

$31,500,000 €27,860,081

Residential, Single Family

  • 7 Beds
  • 7 Baths
  • 10,681 SqFt
  •  

Remarkable new construction seven 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 fur...

24 Little Cloud Aspen, CO

$12,500 €11,056

Rentals

  • 5 Beds
  • 5 Baths
  • 10,221 SqFt
  •  

Available for the holidays! Nestled in a private gated 10-acre enclave on the base of Aspen Mountain this home offers sweeping views of Independence Pass, Red Mountain, the town of Aspen and Aspen Mountain. Built in 2010 with an inviting floor pl...

934 S Mill Street Aspen, CO

$15,000 €13,267

Rentals

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

Call for pricing ! Pricing varies for different dates. Rates are per night. Stay in Downtown Aspen right at the base of Aspen Mountain where you ski in and click on your skis in a few short steps to ski out . Your ski trip will be best ever. This...

EXCLUSIVE

120 N Spring Street Aspen, CO

$18,995,000 €16,800,071

Residential, Condo/Townhouse

  • 7 Beds
  • 7 Baths
  • 8,832 SqFt
  •  

Question: Where can you find nearly 9,000 heated square feet with a close-in downtown location that enjoys the sights and sounds of the Roaring Fork River from multiple rooms, decks and patios, is within easy walking distance to everything Aspen, ...

220 W Cooper Avenue Aspen, CO

$150,000 €132,667

Rentals

  • 7 Beds
  • 9 Baths
  • 7,233 SqFt
  •  

EXCLUSIVE

314 E Hyman Avenue Aspen, CO

$150,000 €132,667

Rentals

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

Aspen's definitive address for premier vacation rentals and events. The Mother Lode building features two luxury residential units and a commercial unit at the epicenter of Aspen with unsurpassed views of Aspen Mountain. The Mother Lode is within ...

118 E Cooper Avenue Aspen, CO

$10,995,000 €9,724,495

Residential, Single Family

  • 11 Beds
  • 4 Baths
  • 6,677 SqFt
  •  

A charming historic Victorian in the central core of Aspen. Just a block and a half away from Lift 1A and three blacks to the Silver Queen Gondola, this property is perfect for a large family retreat or convert into a bed and breakfast! Property i...

N/A Aspen, CO

$6,995 €6,187

Rentals

  • 6 Beds
  • 7 Baths
  • 6,642 SqFt
  •  

Downtown Aspen contemporary single family home. May be the finest home in core of Aspen. Luxurious contemporary decor and furnishings, theatre, pool table and gaming area, wet bar, yoga room, gourmet kitchen, courtyard patio with hot tub used as ...

1008 E Hopkins Avenue Aspen, CO

$15,995,000 €14,146,730

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...

755 S Aspen Street Unit B Aspen, CO

$16,275,000 €14,394,375

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...

232 E Hallam Aspen, CO

$60,000 €53,067

Rentals

  • 6 Beds
  • 6 Baths
  • 5,872 SqFt
  •  

Phenomenal six bedroom, six and one half bath single family home in the Aspen core. Fantastic location two blocks behind the Hotel Jerome on E. Hallam. Enjoy both Aspen and Red Mountain views from this exquisitely finished home that lives primaril...

1118 Waters Avenue Aspen, CO

$10,000 €8,844

Rentals

  • 5 Beds
  • 5 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 4 blocks from the gondola. This is truly one of kind urban, mountain, contemporary home. The na...

EXCLUSIVE

603 S Garmisch Street Aspen, CO

$14,900,000 €13,178,260

Residential, Single Family

  • 5 Beds
  • 5 Baths
  • 5,755 SqFt
  •  

Single-family homes in downtown Aspen are rarified air. This modern designed home is located close to the proposed new Lift 1A development at the base of Aspen Mountain. Featuring an open floor plan, great light, high ceilings, and a timeless neot...

440 S Riverside Avenue Aspen, CO

$15,995,000 €14,146,730

Residential, Single Family

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

Single family in the core. 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. Watch the...

815 Bonita Drive Aspen, CO

$45,000 €39,800

Rentals

  • 5 Beds
  • 5 Baths
  • 5,584 SqFt
  •  

390 N Spring Street Aspen, CO

$12,950,000 €11,453,589

Residential, Single Family

  • 6 Beds
  • 6 Baths
  • 5,531 SqFt
  •  

This magnificent Adirondack-style country lodge estate offers utmost privacy, serenity and abundant space for family and guests, yet it rests in the heart of Aspen just a 4-minute walk to Main Street and 8 minutes to the Aspen Mountain gondola. Cr...

390 N Spring Street Aspen, CO

$5,500 €4,864

Rentals

  • 6 Beds
  • 6 Baths
  • 5,531 SqFt
  •  

This magnificent Adirondack-style country lodge estate offers utmost privacy, serenity and abundant space for family and guests, yet it rests in the heart of Aspen just a 4-minute walk to Main Street and 8 minutes to the Aspen Mountain gondola. Cr...

755 S Aspen Street Unit A Aspen, CO

$15,750,000 €13,930,040

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...

710 E Durant Avenue Unit C & D Aspen, CO

$3,400 €3,007

Rentals

  • 3 Beds
  • 3 Baths
  • 5,500 SqFt
  •  

Wonderful Penthouse unit located in the Aspen Core! Leave the car at home and walk everywhere, although the unit does come with heated garage parking. Great natural light and large Expansive deck with direct views of Aspen Mountain are just some o...

735 E Francis Street Aspen, CO

$12,495,000 €11,051,165

Residential, Single Family

  • 4 Beds
  • 5 Baths
  • 5,477 SqFt
  •  

Inviting contemporary home in downtown Aspen's sought-after Oklahoma Flats neighborhood, offers everything you are looking for. LOCATION: short stroll to town across the Oklahoma Flats footbridge to hustle & bustle of Aspen. 5 min walk to the Jero...

735 E Francis Street Aspen, CO

$70,000 €61,911

Rentals

  • 5 Beds
  • 5 Baths
  • 5,477 SqFt
  •  

Inviting contemporary home in downtown Aspen's sought-after Oklahoma Flats neighborhood, offers everything you are looking for. LOCATION: short stroll to town across the Oklahoma Flats footbridge to hustle & bustle of Aspen. 5 min walk to the Jero...

315 S First Street Aspen, CO

$65,000 €57,489

Rentals

  • 5 Beds
  • 4 Baths
  • 5,460 SqFt
  •  

Located just three blocks from Aspen's downtown commercial core on a quiet residential street this is the perfect downtown home for your Aspen retreat. Enjoy your morning coffee while watching the Gondola run on Aspen Mountain. Spend time with y...

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.