One of the most sought-after real estate markets in America is Aspen, Colorado – an elite destination known for its spectacular mountain scenery, first-rate ski resorts, and high-end living.
If you’re in the market for a second home, an investment property, or a main residence, you’ll find a number of appealing Aspen real estate options. Here’s a list of the different types of properties you could call your own in this town of about 6,000 residents.
Luxury Single-Family Homes
Some of the most extravagant single-family estates in the country can be found in Aspen. These homes are often situated in exclusive neighborhoods such as Red Mountain, West End, and Starwood, where they offer complete privacy, breathtaking views, and every conceivable high-end amenity.
Most luxury homes in Aspen have large and open floor plans, world-class kitchens, bathrooms that wouldn’t look out of place in a five-star spa, and plenty of places to store and display their owner’s gear for the various outdoor pursuits that can be enjoyed year-round.
Ski-In/Ski-Out Properties
Ski-in/ski-out homes and condos are the ultimate dream for ski lovers – no direct slope access is more direct than this. Aspen Mountain, Snowmass, and Buttermilk top the list of places to find heavenly ski-in/ski-out real estate.
Still, whether it’s in Colorado or anywhere else on the map, a ski-in/ski-out home can also serve as a luxury resort to rent out for a serious side stream of income.
Ranches and Equestrian Estates
Aspen real estate is also located near gorgeous ranch properties for those who might like to live in more nature-oriented, less urban parts. These ranches are spacious; some are several hundred acres.
The large ranch properties near Aspen serve as good bases for a variety of outdoor activities. Indeed, people who live in these properties could be termed “recreational ranchers.”
Vacation Rental Investments
Aspen’s successful tourism business creates a wonderful market for short-term rentals. Many buyers acquire condos or single-family homes to rent out to the large number of visitors during high ski and summer seasons. The latest trend is the acquisition of larger, more expensive homes and villas.
Properties in prime locations (like downtown Aspen and Snowmass Village) yield great rental income. But prospective investors absolutely must understand the local rental laws before making the leap into this market.
Historic Homes and Cottages
Aspen’s West End is home to alluring historic residences and charming Victorian-style cottages. These properties present an unparalleled opportunity to own a slice of Aspen’s illustrious past.
Several of these homes have been exceptionally restored, with some sporting an unusual combination of old-world craftsmanship and modern-day accoutrements. For all intents and purposes, the West End promenade might as well be the catwalk for the historical society’s next tour.
Finding the Perfect Aspen Real Estate for Your Purposes
Aspen’s property sector contains a rich variety of real estate, ranging from extravagant mountain compounds to warm condos and numerous investment opportunities. Be it a luxurious, part-time retreat, a primary residence, or a property that generates rental income, residents of Aspen pursue many kinds of lifestyles that enjoy wide-ranging options.
