240 Buttermilk Lane, Aspen, CO 81611
240 Buttermilk Lane, Aspen, CO 81611
240 Buttermilk Lane, Aspen, CO 81611
240 Buttermilk Lane, Aspen, CO 81611
240 Buttermilk Lane, Aspen, CO 81611
240 Buttermilk Lane, Aspen, CO 81611
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Aspen Snowmass Sotheby's International Realty - Hyman Mall
$ 5,500,000
Est. payment | /mo

4.2 Acres Lot


Save
$ 5,500,000
Est. payment | /mo
Save

4.2 Acres Lot

Key Details

Property Type Single Family Home, Vacant Land

Sub Type Single Family Lot

Listing Status Active

Purchase Type For Sale

Subdivision Buttermilk

MLS Listing ID 191421

Annual Tax Amount $38,610

Tax Year 2024

Lot Size 4.200 Acres

Acres 4.5

Property Sub-Type Single Family Lot

Source Aspen Glenwood MLS

Property Description

One of Aspen's last remaining ski-in/ski-out estate opportunities, this exceptional 4.5-acre parcel is situated on the lower slopes of Buttermilk Mountain, offering a rare opportunity to create a significant new residence in a highly accessible Aspen location.

Far more than a vacant parcel, the property is now well into the planning and design process. The ownership team has engaged F&M Architects of Snowmass Village, an accomplished local architecture firm recognized for its thoughtful, site-responsive residential work throughout the Aspen area, together with an experienced team of civil engineers, landscape designers, land planners, and other consultants. The result is a comprehensive, site-specific development plan created expressly for this property.

The current design contemplates a residence of up to 5,750 square feet, with the potential for up to 8,250 square feet through the addition of a Transferable Development Right (TDR). Site Plan Review and Activity Envelope applications are scheduled for submission to Pitkin County in August 2026, with approvals anticipated in summer 2027 and a building permit targeted for January 2028.

For a buyer who wants to build rather than begin the lengthy planning process from scratch, this represents a compelling window of opportunity: acquire the land now and step into an established design and entitlement process with an experienced professional team already in place. The plans have been developed specifically for the site and can provide the foundation for taking the property through approvals and into construction.

As ownership continues to advance the project through entitlements, permitting, and ultimately construction, the offering is expected to transition from vacant land to a fully developed residential project, with pricing adjusted accordingly.

Ideally positioned between Aspen and Snowmass, the property offers ski-in/ski-out access on Buttermilk and convenient proximity to Aspen Highlands, Aspen Mountain, Snowmass Ski Area, and the amenities of Aspen.

An opportunity to buy into the vision today--before the vision becomes the finished home.

Buyer to independently verify all development potential, approvals, timelines, plans, and TDR requirements to their satisfaction.

Location

State CO

County Pitkin

Community Buttermilk

Area Aspen

Zoning AR-10

Direction NO ACCESS WITHOUT CONSENT OF LISTING BROKER. Highway 82 to Owl Creek Rd. Left on W. Buttermilk Rd. First left onto Buttermilk Ln. Take the driveway split to the right up to 240 Buttermilk Ln. Parking is at the CDU site. Walk up to the Activity Envelope.

Building

Water Community

Others

Tax ID 273503400036

Aspen Glenwood Springs MLS (AGSMLS)

NEARBY SCHOOLS & PROPERTIES

Jonathan Boxer

+1(970) 948-4802

jonathan.boxer@monthaus.com

600 East Hopkins Ave Suite 304, Aspen, Colorado 81611, United States

CONTACT US

Name
Phone*
Message

Tour This Home

240 Buttermilk Lane