220 American Lane a.k.a 362 Red Mountain Road, Aspen, CO

MLS #142728 – Base of Red Mountain 6.4 acre lot at 362 Red Mountain Road, Aspen, CO:Sold Date: 02/16/2016; Sold Price: $10,000,000.More details below photo.MLS #142728 – Red Mountain, 362 Red Mountain Road, Aspen, CO:Sold Date: 02/16/2016; Sold Price: $10,000,000 per the MLS. (The Aspen Times lists the sold price at $9,461,400.)Asking Price: $11,000,000. (Original Price: $11,000,000 and 46 days on the market since 01/01/2016.) This is a 6.4-acre, or 278,784 sq ft, single-family lot deal with a 1977, 3,176 sq ft, home on it. Broker comments are “Last of the great building sites located at the base of Red Mountain. One of 5 sites in the family estate. Older home currently rented. Floor Area Ratio (FAR) previously approved for 15,000 sq ft home plus garage and 4,000-foot subgrade space. Sold before MLS.” 2015 Taxes: $12,774. Under Contract Date: 01/04/2016; Sold Date: 02/16/2016. (Photos and broker comments courtesy of Lorrie B Aspen)AfterMLS #154057 – Red Mountain, 220 American Lane, Aspen, CO:Sold Date: 02/08/2019; Sold Price: $21,000,000.More details below photos.Architects rendering of the new homeMLS #154057 – Red Mountain, 220 American Lane, Aspen, CO:Sold Date: 02/08/2019; Sold Price: $21,000,000.Aspen lots for sale. Ask Price: $27,500,000. (Original Price: $29,950,000 and 322 days on the market since 03/23/2018.) This is a 5.64-acre single-family vacant lot. Broker comments are “An opportunity to own a significant piece of Aspen’s prestigious real estate with sensational views and privacy. With full approvals for a 19,750 Sq Ft home, this is the last home of this size approved in the county and it’s less than 3 minutes from downtown. The premium 5.64-acre lot is one of 5 sites on a 33-acre compound. Situated at the base of Red Mountain, the parcel boasts unobstructed views of Aspen Mountain and expansive vistas to the east and west. Plans for a mountain contemporary home are ready to submit for permit after buyer reviews and revises to his/her vision. See

site plan . All utilities will be brought to lot line including electric, gas, water, and sewer. Dry utility also in place (for Comcast, etc). Major excavation completed. Pump house being moved to lot line. Building envelope: 1.4 acres or 61,000 sq. ft. + 25,000 sq. ft. of landscape. Water finalized with water and sanitation dept. Architectural plans are based on the seller’s personal home which we can show as the model. Separate structures: 1000 SF detached quarters and can have a kitchen, Separate structure with whatever amount of square footage attached to the main structure by breezeway or underground walkway but cannot have a kitchen.” 2017 taxes: $20,288. Under Contract Date: 02/05/2019; Sold Date: 02/08/2019. (Photos and broker comments courtesy of Compass)MLS: 142728,154057142728 = 362 red mountain rdParcel #: 273707203002Account #:R008442154057 = 220 american lnParcel #273707203002Account #R008442Property and Listing History220 American Lane, Aspen, CO 81611

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