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$5,500,000

  • For Sale
  • Active
  • Residential Lots
  • 4.5 Acres
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One of Aspen's last remaining ski-in/ski-out estate opportunities, this exceptional 4.5-acre parcel is partially wooded and situated on the lower slopes of Buttermilk Mountain. The property allows for the construction of a residence up to 5,750 square feet, or up to 8,250 square feet with the addition of a Transferable Development Right (TDR). The Activity Envelope is currently in the approval process. Ideally positioned in a central Aspen location, the property offers convenient access to Pitkin County Airport (3 miles), Aspen Highlands (4 miles), Aspen Mountain (4.5 miles), and Snowmass Ski Area (5.5 miles). Buyer to independently verify all development potential to their satisfaction.

Full Property Details for 240 Buttermilk Ln

General

  • Price: $5,500,000
  • Taxes: $38,610 (2024)
  • Status: Active
  • Type: Residential Lots
  • Source: 106
  • MLS ID: 191421
  • Updated: 1/23/2026
  • Added to Site: 112 day(s) ago

Location

  • Area: Aspen
  • County: Pitkin
  • Subdivision: Buttermilk
  • Driving Directions: 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.

Utilities

  • Water: Community

Lot Features

  • Lot Size (Acres): 4.5
  • Lot Size (Sq. Ft.): 182,952
  • Zoning: AR-10

Financial Considerations

  • Tax Amount: $38,610.8
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: Subdivision: M/B BUTTERMILK Quarter: SE Section: 3 Township: 10
  • Property ID: 273503400036

Listed by Aspen Snowmass Sotheby's International Realty - Hyman Mall, Tyler Davis

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Listing agent

— 240 Buttermilk Ln —

  • Tyler Davis

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 240 Buttermilk Ln

School District:Aspen School District 1
NameGradesDistance
Aspen Elementary School
235 High School Road, Aspen, CO 81611
K-41.5 mi
Aspen Middle School
235 High School Road, Aspen, CO 81611
5-81.5 mi
Aspen High School
235 High School Road, Aspen, CO 81611
9-121.5 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 240 Buttermilk Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Listed
$5,500,000
57.14%
MLS
5/08/2025
Sold
$3,500,000
—
Public Record
Get Price Alerts and Save Property
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 for 240 Buttermilk Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$38,611
-39%
$945,000
-44%
2024
$63,006
8%
$1,674,000
—
2023
$58,108
58%
$1,674,000
114%
2022
$36,851
-4%
$783,000
—
2021
$38,382
17%
$783,000
12%
2020
$32,800
2%
$696,000
4%
2018
$32,011
-2%
$667,000
-4%
2019
$32,800
17%
$696,000
4%
2017
$27,983
-1%
$667,000
—
2016
$28,341
—
$667,000
—
2015
$28,227
-17%
$667,000
-18%
2014
$34,083
242%
$812,000
237%
2013
$9,980
—
$240,850
—
View All
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 for 240 Buttermilk Ln

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Aspen Snowmass Sotheby's International Realty - Hyman Mall, Tyler Davis

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240 Buttermilk Lane, Aspen, CO 81611 (MLS# 191421) is a Residential Lots property with a lot size of 4.5 acres. 240 Buttermilk Lane is currently listed for $5,500,000 and was received on January 21, 2026. Want to learn more about 240 Buttermilk Lane? Do you have questions about finding other Residential Lots real estate for sale in Aspen? You can browse all Aspen real estate or contact a Coldwell Banker agent to request more information.

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