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$25,000,000
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Property Description
A truly exceptional opportunity on one of Aspen's most coveted locations. This newly designed contemporary estate, scheduled for completion in early 2026, is situated in the exclusive Red Mountain Ranch neighborhood. A rare blend of privacy, luxury, and proximity that simply won't last. Set on a lush ¾-acre lot surrounded by mature Aspen groves, the home captures enticing Aspen Mountain views from nearly every angle. With five en-suite bedrooms, two expansive living areas, and three outdoor terraces designed for effortless indoor-outdoor living, this 4,900 sqft residence delivers elevated mountain living at its finest. Thoughtfully crafted by Elevate Development & Design, every inch is curated with luxury finishes, custom furnishings, and impeccable attention to detail. Just minutes from downtown yet worlds away, this is Aspen living without compromise.
Full Property Details
Full Property Details for 323 E Reds Rd
General
- Sold For: $25,000,000
- HOA FEE: $192/month
- HOA FEE FREQ.: Annually
- Taxes: $26,111 (2024)
- Status: Closed
- Type: Single Family
- Source: 106
- MLS ID: 189105
- Added to Site: 320 day(s) ago
Rental Information
- Complex Features: Yes
Interior
- Number of Rooms: 5
- 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: Common Area
Additional Information
- Security/Safety: Security System
Location
- Area: Aspen
- County: Pitkin
- Subdivision: Red Mountain Ranch
- Driving Directions: From Aspen take Red Mountain Road. Go right on East Reds Road. House is on your left half-way down.
Community
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Radiant
Utilities
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Exterior Const.: Concrete, Wood Siding, Frame
- Roof: Metal
- Square Feet: 4,904
- Living Area: 4,904 Sq. Ft.
- Year Built: 1975
- Property Condition: Excellent, New Construction
Lot Features
- Lot Size (Acres): 0.73
- Lot Size (Sq. Ft.): 31,926
- Zoning: R-30
Financial Considerations
- Association Fee: $2,300
- Assoc Fee Freq.: Annually
- Tax Amount: $26,111.08
- Tax Year: 2024
- Terms: New Loan, Cash
Disclosures and Reports
- Legal Description: Subdivision: RED MOUNTAIN RANCH Block: 1 Lot: 8
- Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
- Property ID: 273706303008
Listed by Compass Aspen, Lane Johnson and Compass Aspen, Steven Shane
Sold by Plus Real Estate, Peter Grenney
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Schools
Schools serving 323 E Reds Rd
School District:Aspen School District 1
| Name | Grades | Distance |
|---|---|---|
Aspen Elementary School 235 High School Road, Aspen, CO 81611 | K-4 | 2.1 mi |
Aspen Middle School 235 High School Road, Aspen, CO 81611 | 5-8 | 2.1 mi |
Aspen High School 235 High School Road, Aspen, CO 81611 | 9-12 | 2.1 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 323 E Reds Rd
Date
Details
Price
Change
Source
4/06/2026
Sold
$25,000,000
-13.49%
MLS
7/08/2025
Listed
$28,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
323 E Reds Road, Aspen, CO 81611 (MLS# 189105) is a Single Family property that was sold at $25,000,000 on April 06, 2026. Want to learn more about 323 E Reds Road? 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.

