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$15,100,000
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Property Description
Discover an unparalleled opportunity in Aspen with this exquisite Montecito-style luxury home, set on a rare 17,263 square foot flat lot on the serene East side, where traffic impacts are non-existent. This stunning 4200 square foot residence is nestled amidst three distinct outdoor yard areas, perfect for exceptional outdoor entertaining. Tucked away on tranquil Northway Drive, the home offers easy access to town while maintaining tremendous privacy. The elegant entryway leads to a sophisticated living and dining area featuring custom wood flooring, elevated ceilings, and a striking stone gas fireplace. The space is tastefully furnished with custom pieces by renowned designer Barbara Glass, creating a soft and inviting ambiance. A wall of south-facing windows with two sets of French doors flood the space with morning light and open to charming patio seating and dining areas overlooking an expansive, flat grassy backyard, ideal for entertaining large gatherings. The formal dining room, conveniently located off the beautifully finished kitchen also enjoys the tremendous gas fireplace in the living area. The nicely appointed kitchen extends into a new family room perfect for casual dining or movie nights. This family room also boasts French doors leading to a stone patio and an additional flat yard prepped for a hot tub. Adjacent to the secondary living space and kitchen, you'll find a laundry area and a spacious two-car garage with extra storage. A custom-built, wide curved wood stairwell ascends to the sprawling primary suite, complete with a gas fireplace, sitting area, private office, views of Independence Pass, private deck, his and her walk-in closets, and a luxurious master bathroom that looks out to Independence Pass as well as the serene, beautifully landscaped yard. The fully-fenced in flat grassy yard offers privacy, security and safety for homeowner and pets. On the guest bedroom floor, which opens directly to the expansive yard, there are three additional guest suites, each with ensuite bathrooms. Mature landscaping, lush flower beds, an elevated tree house and basketball hoop complete this peaceful haven. Knollwood stands out as a unique subdivision with no HOA dues, walkable and bikeable to town. Owners have continuously made upgrades and improvements to this immaculately maintained home. The privacy, extensive yard, and prime East Aspen location make this property one of the most desirable in all of Aspen under 20 million. Free Dial a ride picks you up at your driveway for easy ski access to the gondola. New roof installation November 2024. New AC heat pump split system for primary suite and living room. Large organized mechanical room with easy exterior access.
Full Property Details
Full Property Details for 42 Northway Dr
General
- Sold For: $15,100,000
- Taxes: $22,808 (2023)
- Status: Closed
- Type: Single Family
- Source: 106
- MLS ID: 185541
- Added to Site: 485 day(s) ago
Rental Information
- Complex Features: Yes
Interior
- Number of Rooms: 15
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Gas
- Furnished: Yes
- Furnishings: Furnished
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Bus/ShuttleService
Location
- Area: Aspen
- County: Pitkin
- Subdivision: Knollwood
- Driving Directions: Heading east on Cooper/Hwy 82 from town, turn left on Roaring Fork Drive, veer right on Northway, the property is the second driveway on the right.
Community
- Association: Yes
- Assoc. Fees Include: Sewer
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiant
Utilities
- Water: Public
- Cable Available: Yes
Structural Information
- Architectural Style: Split Level, Contemporary
- Exterior Const.: Stone Veneer, Stucco, Stone, Frame
- Roof: Shake
- Square Feet: 4,217
- Living Area: 4,217 Sq. Ft.
- Year Built: 1995
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,263
- Lot Features: Landscaped
- Zoning: R-15B
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $22,808
- Tax Year: 2023
- Terms: New Loan, Cash
Disclosures and Reports
- Legal Description: Subdivision: KNOLLWOOD Block: 5 Lot: 7
- Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
- Property ID: 273717202007
Listed by Whitman Fine Properties, Wendalin Whitman and Coldwell Banker Mason Morse-Aspen, Carrie Wells
Sold by Compass Aspen, Doug Leibinger
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Schools
Schools serving 42 Northway Dr
School District:Aspen School District 1
| Name | Grades | Distance |
|---|---|---|
Aspen Elementary School 235 High School Road, Aspen, CO 81611 | K-4 | 2.5 mi |
Aspen Middle School 235 High School Road, Aspen, CO 81611 | 5-8 | 2.5 mi |
Aspen High School 235 High School Road, Aspen, CO 81611 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 42 Northway Dr
Date
Details
Price
Change
Source
6/30/2025
Sold
$15,100,000
-5.33%
MLS
9/23/2024
Listed
$15,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
42 Northway Drive, Aspen, CO 81611 (MLS# 185541) is a Single Family property that was sold at $15,100,000 on June 30, 2025. Want to learn more about 42 Northway 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.

