306 Oak Ln · Aspen, CO 81611

$1,100,000

2 bd · 1.0 ba · 772 sqft · Manufactured public records · 193 Days on market

Built 1973 3,119 sqft lot $1425/sqft · 64% below area $400/mo HOA · 6% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Appreciation +10.0/10.0
• Cash flow +7.5/30.0
• ARV discount +7.5/15.0
• Rent growth +5.0/5.0
• Schools +4.1/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• DSCR +1.7/10.0
• 1% rule +1.4/10.0

Listing remarks MLS

Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

Key facts

• Aspen mountain views
• Remodeled kitchen
• Spacious side deck

Tags

• ASPEN MOUNTAIN VIEWS
• UPGRADED ELECTRICAL PANEL
• REMODELED KITCHEN
• FULLY BUILT-OUT CLOSETS
• FULLY FENCED YARD
• SPACIOUS SIDE DECK

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $1.10M.

Deal economics

• At list price, monthly cash flow is $-1k ($-16k/yr) — negative.
• To cash-flow at today's rent, offer at most $862k (21.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $703k (36.1% below list).
• Recommended offer: $703k (36.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#142 in CO) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, schools B+; Watch: amenities F, cost of living F, health & safety F.
• Aspen School District No. 1 In The County Of Pitkin And Sta (rural): math 36% / reading 56% proficiency, ranked #18 of 86 in CO (top 21%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 4% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising fast (+22.1%/yr); 324 active listings in the ZIP; solid renter incomes; 145 units permitted in Pitkin County in 2024 (89 in 5+ unit buildings).
• At $7,027/mo this rent would consume 102% of the median local household income ($83k/yr) (locally 566% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $118k of equity ($8k loan paydown + $110k appreciation (10.0% local appreciation)).
• Pitkin County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$189k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 193 days — a 12% lower offer ($968k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts; this cycle's ask has dropped $195k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $610k; list at $1.10M implies a 80% gain — meaningful room to come down on a strong offer.

Recommended offer $702,653 (36.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 193 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
3. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.64% ✗
• Cap rate: 4.83%
• Cash-on-cash: -5.24%
• DSCR: 0.77
• GRM: 13.0

CMA / ARV

• ARV (median comp): $3,087,203
• List price: $1,100,000
• Delta: -64.37%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

10.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 21.8%
• Equity multiple: 2.79×
• Total profit: $550,203
• Equity at exit: $990,967

10-year hold

• IRR: 20.7%
• Equity multiple: 6.78×
• Total profit: $1,778,986
• Equity at exit: $2,137,058

Cash invested: $308,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 81611

• Home prices YoY: 3.6%
• Rents YoY: 22.1%
• Active inventory: 324
• Price-to-rent: 13.0×

Monthly cashflow live

• Estimated rent: $7,027 medium
• Mortgage (P&I): −$5,769
• Tax from tax record: −$270 /mo · $3,235/yr
• Insurance: −$458
• HOA: −$400
• Vacancy / Maint / Mgmt: −$1,476
• Net cashflow: $-1,345

Break-even live

Break-even rent $8,730

Max offer price $862,320

Occupancy floor —

Sensitivity live

Price	-10% $-723	-5% $-1,034	+0% $-1,345	+5% $-1,657	+10% $-1,968
Rent	-10% $-1,901	-5% $-1,623	+0% $-1,345	+5% $-1,068	+10% $-790
Rate	-1.0pp $-791	-0.5pp $-1,066	base $-1,345	+0.5pp $-1,630	+1.0pp $-1,920

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $275,000
• Closing costs: $33,000
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $400 · $4,800/yr
• Likely covers: gaselectric

Listing history 30 events

1. 2026-06-19
   days on market $1,100,000 Active 193 DOM
2. 2026-06-18
   days on market $1,100,000 Active 192 DOM
3. 2026-06-17
   days on market $1,100,000 Active 191 DOM
4. 2026-06-16
   days on market $1,100,000 Active 190 DOM
5. 2026-06-15
   days on market $1,100,000 Active 189 DOM
6. 2026-06-14
   days on market $1,100,000 Active 187 DOM
7. 2026-06-12
   days on market $1,100,000 Active 186 DOM
8. 2026-06-09
   days on market $1,100,000 Active 183 DOM
9. 2026-06-08
   days on market $1,100,000 Active 182 DOM
10. 2026-06-07
    days on market $1,100,000 Active 181 DOM
11. 2026-06-05
    days on market $1,100,000 Active 178 DOM
12. 2026-06-03
    price $1,100,000 Active 176 DOM
13. 2026-06-02
    days on market $1,200,000 Active 176 DOM
14. 2026-06-01
    days on market $1,200,000 Active 175 DOM
15. 2026-05-31
    days on market $1,200,000 Active 174 DOM
16. 2026-05-30
    days on market $1,200,000 Active 173 DOM
17. 2026-05-14
    status Active 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

18. 2026-05-14
    status Pending 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

19. 2026-04-01
    price $1,200,000 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

20. 2026-04-01
    status Active 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

21. 2026-03-17
    status Pending 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

22. 2026-03-09
    status Active 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

23. 2025-12-29
    status Pending 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

24. 2025-10-06
    status Active 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

25. 2025-09-16
    status Pending 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

26. 2025-08-26
    status Active 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

27. 2025-08-08
    status Pending 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

28. 2025-07-23
    listed $1,295,000 Active 1550-char remark

    Show marketing remark (1550 chars)

    Welcome to one of Smuggler Park's most coveted locations—where southern exposure, Aspen Mountain views, and an oversized 3,119 sq ft lot set the stage for your dream home. This charming two-bedroom, one-bath residence has been thoughtfully updated inside and out, offering turnkey comfort and style. Recent upgrades include new windows, an upgraded electrical panel, sleek new flooring, fresh interior and exterior paint, and updated trim and doors throughout. The remodeled kitchen features a gas cooktop, washer/dryer, and contemporary finishes. The bathroom is brand new with marble floors, a double vanity, and a stylish tub and shower combination. Both bedrooms offer fully built-out closets, and the home comes fully furnished—just move in and start enjoying. Outdoor living is just as impressive: the fully fenced yard includes a spacious side deck perfect for lounging or entertaining, and the oversized driveway ensures plenty of parking for you and your guests. Located on a unique east-west facing lot that captures both sunlight and mountain vistas, this property is ideal for future redevelopment. Smuggler Park allows for the construction of a 2,600+ sq ft home (buyer to verify), and this lot orientation is rare within the community. Enjoy easy access to downtown Aspen, Smuggler Mountain trails, the free local bus, and the Aspen School District—all with low HOA dues and a pet-friendly policy for owners. An unbeatable combination of location, livability, and long-term potential in the heart of Aspen.

29. 2016-12-01
    soldstatus $610,000 1744-char remark

    Show marketing remark (1744 chars)

    Great location in Smuggler Park! Enjoy south-facing light and views of Aspen Mountain from this oversized 3,119sq. ft. lot. The two bedroom 1 bathroom 772 sq. ft. home has recently been remodeled. Upgrades include new Windows, electric panel, new flooring throughout, new interior and exterior paint, new doors and trim, a new hot water tank, upgraded water service, a new kitchen including washer/ dryer & gas cooktop, refurbished heating, and numerous other repairs. New Bathroom with marble floors, double vanity, new tub and shower. Bedrooms feature all new closets and home is sold fully furnished. Just bring your toothbrush! Ample side yards fully fenced with a lovely deck to relax and enjoy the views. An oversized parking area fronts the property. It’s just a short walk or ride to town,or a quick free bus ride away. Easy access to Smuggler Mountain. Live comfortably while you plan your 2600+ sqft home on one of the only lots in the neighborhood that runs east to west and maximizes the views of Aspen. Low HOA's, dogs are permitted for owners. Great value for an Aspen home in the Aspen School District. More general and legal information regarding the Smuggler Park subdivision can be found at : http://www.smugglerpark.org/owners/owners.html or a quick free bus ride away. Easy access to Smuggler Mountain. Live comfortably while you plan your 2600+ sqft home on one of the only lots in the neighborhood that runs east to west and maximizes the views of Aspen. Low HOA's, dogs are permitted for owners. Great value for an Aspen home in the Aspen School District. More general and legal information regarding the Smuggler Park subdivision can be found at : http://www.smugglerpark.org/owners/owners.html

30. 2015-10-26
    soldstatus $460,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CO · Resets to sale price

• Current annual tax: $3,235 · $270/mo
• Projected year-2 tax: $6,050 · $504/mo
• Expected delta: +$2,815/yr (+$235/mo · 87.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 1/10 Low 11 d/yr ≥81°F today · 28 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $84,318
• − Mortgage interest: −$61,617
• − Property taxes: −$3,235
• − Insurance: −$5,500
• − Repairs & maintenance: −$6,745
• − Management: −$6,745
• − HOA: −$4,800
• − Depreciation: −$32,000
• Taxable loss: −$36,324
• Est. tax savings @ 24.0%: +$8,718
• After-tax cash flow: $-7,428/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Aspen School District No. 1 In The County Of Pitkin And Sta
• NCES district ID: 0802280
• Math proficiency: 36% ▼ -5.00%
• Reading proficiency: 56% ▼ -3.00%
• Median HH income: $66,694
• Composite: 40.98/100
• National rank: #3595
• State rank: #18 of 86 in CO

Livability — Aspen

• Score: 66/100
• State rank: #142
• US rank: #11780

Category grades

Amenities F Commute A+ Cost of living F Crime C+ Employment A+ Housing C Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Aspen, CO
• County: Pitkin County · 9,068 people
• City population: 9,068
• Metro: Glenwood Springs, CO
• Population (ZIP): 9,068
• Household income: $82,664
• Rent vs Own: 41.4% rent · 58.6% own
• Severe rent burden: 566.0

Population outlook (Pitkin County) Hauer SSP2

• Today (2025): 20,121 people
• By 2030: 21,110 · +4.9%
• By 2040: 22,707 · +12.9%
• By 2050: 24,105 · +19.8%
• By 2075: 27,933 · +38.8%
• By 2100: 30,018 · +49.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 10% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 4% Salvadoran 4%
• Common ancestry: Slovak 3% Iranian 3% Romanian 3%
• Foreign-born: 15% · Canada, Dominican Republic, China
• Languages at home: 82% English-only · Spanish 9% Other Indo-European 2% Chinese 2%

Political lean MEDSL · Pitkin

• 2024 margin: Solid D (+44.2) · D 71.0% · R 26.8% · Other 2.2%
• 2008→2024 swing: -4.6pp toward R · 2008: 48.8pp · 2024: 44.2pp
• All cycles: 2024: D+44.2 2020: D+51.9 2016: D+45.4 2012: D+37.9 2008: D+48.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 12.97%
• Current HPI: 370.9593
• Rent YoY: ▲ 22.07%
• Metro: Glenwood Springs, CO
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

+160.9% since first listed

14 events — show timeline

• 2026-05-14 Relisted — AGMLS
• 2026-05-14 Pending — AGMLS
• 2026-04-01 Price Changed $1,200,000 AGMLS
• 2026-04-01 Relisted — AGMLS
• 2026-03-17 Pending — AGMLS
• 2026-03-09 Relisted — AGMLS
• 2025-12-29 Pending — AGMLS
• 2025-10-06 Relisted — AGMLS
• 2025-09-16 Pending — AGMLS
• 2025-08-26 Relisted — AGMLS
• 2025-08-08 Pending — AGMLS
• 2025-07-23 Listed $1,295,000 AGMLS
• 2016-12-01 Sold (MLS) $610,000 AGMLS
• 2015-10-26 Sold (MLS) $460,000 AGMLS

Property tax history

+7.0%/yr

Latest (2025): $3,235 · +28.3% YoY. Source: county tax records.