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Tracy Lofgren

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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

19 Little Cloud Trail Aspen, CO

$31,500,000 €27,676,940

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 €26,315,058

Residential, Condo/Townhouse

  • 4 Beds
  • 4 Baths
  • 3,006 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...

630 E Hyman Avenue 301 Aspen, CO

$19,950,000 €17,528,728

Residential, Condo/Townhouse

  • 3 Beds
  • 3 Baths
  • 2,506 SqFt
  •  

Rare, precious and one-of-a-kind spectacular penthouse in the core, could never be built today under present zoning. Own, live and work in what Aspen Peak Magazine called the most amazing penthouse in Aspen. Impeccably furnished contemporary space...

120 N Spring Street Aspen, CO

$18,995,000 €16,689,634

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, ...

719 E Hopkins Avenue 201 Aspen, CO

$17,000,000 €14,936,761

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 €14,299,752

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...

602 E Hyman Avenue Aspen, CO

$16,000,000 €14,058,128

Residential, Condo/Townhouse

  • 3 Beds
  • 4 Baths
  • 3,002 SqFt
  •  

The location doesn't get any better than this! Prime downtown Aspen penthouse two blocks from the gondola. The summer farmer's market is outside your front door and a one car garage is included, although you'll never need it because you can walk t...

1008 E Hopkins Avenue Aspen, CO

$15,995,000 €14,053,735

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...

440 S Riverside Avenue Aspen, CO

$15,995,000 €14,053,735

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...

Tbd S Aspen Street Unit #12 Aspen, CO

$15,750,000 €13,838,470

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...

126 S Juan Street Aspen, CO

$14,995,000 €13,175,102

Residential, Condo/Townhouse

  • 3 Beds
  • 3 Baths
  • 5,177 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...

918 S Mill Street B Aspen, CO

$14,950,000 €13,135,563

Residential, Condo/Townhouse

  • 4 Beds
  • 4 Baths
  • 4,200 SqFt
  •  

Aspen core's finest hidden retreat with Ski-in/Ski-out access. Located at the base of Aspen Mountain and the top of Mill Street. Captivating cathedral ceilings, with 4 ensuite bedrooms, private elevator, spacious family room (currently used as a n...

603 S Garmisch Street Aspen, CO

$14,900,000 €13,091,632

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...

122 S Juan Street Aspen, CO

$14,899,000 €13,090,753

Residential, Condo/Townhouse

  • 4 Beds
  • 5 Baths
  • 5,185 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...

390 N Spring Street Aspen, CO

$14,500,000 €12,740,179

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...

Tbd S Aspen Street Unit #10 Aspen, CO

$14,095,000 €12,384,332

Residential, Condo/Townhouse

  • 3 Beds
  • 4 Baths
  • 5,256 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...

101 E Hallam Street Aspen, CO

$12,999,000 €11,421,350

Residential, Single Family

  • 4 Beds
  • 4 Baths
  • 4,125 SqFt
  •  

Exquisite jewel box in the West End, just 2 blocks to the Core. Raised historic famous D.C. Brown Victorian, lower level added, fully remodeled with stunning contemporary custom finishes and furnishings. Beautiful details featuring Italian Calacat...

Tbd S Aspen Street Unit #7 Aspen, CO

$12,600,000 €11,070,776

Residential, Condo/Townhouse

  • 3 Beds
  • 4 Baths
  • 4,612 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...

735 E Francis Street Aspen, CO

$12,495,000 €10,978,519

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...

Tbd S Aspen Street Unit #9 Aspen, CO

$12,195,000 €10,714,929

Residential, Condo/Townhouse

  • 3 Beds
  • 4 Baths
  • 4,385 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...

601 E Hyman Avenue Unit #301 Aspen, CO

$10,995,000 €9,660,570

Residential, Condo/Townhouse

  • 3 Beds
  • 3 Baths
  • 1,834 SqFt
  •  

Top floor, single level penthouse living in downtown Aspen. Three bedrooms, views of Aspen Mountain and impeccable finishes throughout. Soak in the views from the deck, great for entertaining or private living. Two blocks to the gondola. Now finis...

825 E Cooper Avenue Aspen, CO

$10,950,000 €9,621,031

Residential, Condo/Townhouse

  • 4 Beds
  • 4 Baths
  • 3,584 SqFt
  •  

en-clave: a place that is different in character from those surrounding it. That's the perfect definition for this complex and this home. Unlike any other Aspen townhome, The Enclave offers qualities and amenities like few others. Completely remo...

200 E Durant Avenue A Aspen, CO

$9,999,000 €8,785,451

Residential, Condo/Townhouse

  • 4 Beds
  • 4 Baths
  • 3,910 SqFt
  •  

Beautifully remodeled four bedroom townhome in downtown Aspen. Incredible custom Italian kitchen by Dada. Spacious master suite, walk-in closet and a spa-like bathroom. Finishes and furnishings by Anne Grice Interiors. Two car garage with space fo...

426 E Main Street Aspen, CO

$9,995,000 €8,781,937

Residential, Condo/Townhouse

  • 3 Beds
  • 3 Baths
  • 2,930 SqFt
  •  

Impressive downtown Aspen penthouse on the top floor of the Millennium Plaza building with three bedrooms and an open living/kitchen area all on one level. Soaring windows with direct views of Aspen Mountain. Rooftop deck, dedicated parking, enorm...

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.