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$22,950,000
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Property Description
Unique opportunity to own one of Aspen's most magical contemporary homes located on the Roaring Fork River. Located only 2.5 miles from the vibrancy of downtown Aspen, this thoughtfully designed residence offers the perfect blend of privacy, serenity, and proximity. With the Roaring Fork in your backyard, the home provides seamless indoor-outdoor living, featuring multiple entertaining areas, including an expansive riverside backyard, generous decks, and a beautifully designed courtyard patio. Inside, natural light floods the open-concept living spaces, which include a chef's kitchen, dining area, great room, and five en-suite bedrooms. A versatile oversized flex space offers endless possibilities; ideal for a wellness retreat, media room, executive office, or artist's studio. Art walls are abundant throughout. With the Rio Grande Trail just moments away, this home offers both connection to nature and easy access to Aspen's year-round vitality.
Full Property Details
Full Property Details for 1220 Red Butte Dr
General
- Price: $22,950,000
- Taxes: $56,796 (2024)
- Status: Active
- Type: Single Family
- Source: 106
- MLS ID: 190297
- Updated: 5/11/2026
- Added to Site: 62 day(s) ago
Rental Information
- Complex Features: Yes
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas
- Furnished: Yes
- Furnishings: Furnished
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Security System
Location
- Area: Aspen
- County: Pitkin
- Subdivision: Red Butte Subd
- Driving Directions: Head down Cemetery Lane and take a right on Red Butte Drive. 1220 Red Butte is located on the left hand (river) side of the street.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: A/C
- Heating Type: Radiant
Utilities
- Water: Public
Structural Information
- Architectural Style: Split Level, Contemporary
- Exterior Const.: Wood Siding, Frame
- Roof: Composition
- Square Feet: 5,872
- Living Area: 5,872 Sq. Ft.
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,394
- Zoning: R-30
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $56,796
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: Subdivision: GAYLORD Lot: 4
- Inclusions: Ceiling Fan, Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Dishwasher
- Property ID: 273501316004
Listed by Compass Aspen, Steven Shane
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Schools
Schools serving 1220 Red Butte Dr
School District:Aspen School District 1
| Name | Grades | Distance |
|---|---|---|
Aspen Elementary School 235 High School Road, Aspen, CO 81611 | K-4 | 1.3 mi |
Aspen Middle School 235 High School Road, Aspen, CO 81611 | 5-8 | 1.3 mi |
Aspen High School 235 High School Road, Aspen, CO 81611 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1220 Red Butte Dr
Date
Details
Price
Change
Source
1/27/2026
Price Reduced
$22,950,000
-11.73%
MLS
11/26/2025
Price Reduced
$26,000,000
-13.33%
MLS
9/29/2025
Listed
$30,000,000
60.53%
MLS
9/17/2021
Sold
$18,688,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1220 Red Butte Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$48,059
-15%
$1,299,570
-25%
2024
$56,796
-11%
$1,727,650
-1%
2022
$64,053
199%
$1,747,120
199%
2022
$21,457
1%
$585,260
-1%
2021
$21,311
1%
$591,570
1%
2020
$21,010
—
$588,080
—
2019
$21,010
21%
$588,080
22%
2018
$17,362
13%
$481,640
—
2017
$15,319
—
$481,640
2%
2016
$15,290
1%
$470,850
—
2015
$15,093
69%
$470,850
77%
2014
$8,918
2%
$265,870
—
2013
$8,732
—
$265,870
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1220 Red Butte Dr
1220 Red Butte Drive, Aspen, CO 81611 (MLS# 190297) is a Single Family property with 5 bedrooms, 5 full bathrooms and 1 partial bathroom. 1220 Red Butte Drive is currently listed for $22,950,000 and was received on April 01, 2026. Want to learn more about 1220 Red Butte Drive? Do you have questions about finding other Single Family real estate for sale in Aspen? You can browse all Aspen real estate or contact a Coldwell Banker agent to request more information.

