137 Ridge Trl · Snowmass Village, CO 81611

$680,000

3 bd · 1.0 ba · 910 sqft · SingleFamily · 344 Days on market

Built 1973 Good condition 5,789 sqft lot $747/sqft · 17% above area Est $580k · 17% over $33/mo HOA

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Why this score? — see what drove the B 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).

• Cash flow +27.7/30.0
• Appreciation +10.0/10.0
• DSCR +9.7/10.0
• 1% rule +7.6/10.0
• Rent growth +5.0/5.0
• Schools +4.1/10.0
• Condition / age +4.0/5.0
• Livability +3.2/5.0
• ARV discount +0.0/15.0

Listing remarks MLS

CHECK OUT ALL THE NEW UPDATES ON THE UNIT, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. MOVE IN READY. This Free-market unit can be sold at any price desired. You must be in the APCHA program with 1500 hours of work annually in the Roaring Fork Valley. You own land any all structures on the land. One of the largest lots available with 3 bedrooms, a private lawn with terraced gardens, storage shed and two car parking. This location has an Aspen address and is in the Aspen School District. Only be minutes away to Aspen, Snowmass or Basalt. Check Out all the New Updates, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. This is one of the best locations with southern sun exposure and one of the largest lots for sale in Aspen Village (5,789 sq. ft), that opens onto open space and trails. It has a natural home feeling with all the open space, yards and garden terraces. The front of the lot is facing north, and the back of the lot has sunny south facing opening onto the open space with a beautiful hillside and gardens. This 3-bedroom, 1 bath home is well cared for and easily maintained. Two large storage sheds are in the back lawn area with ample room. There are beautiful garden terraces for flowers, fruits and vegetables located on the south lawn, with a large patio on the east side and a sizable wooden deck on the west side surrounded by trees and lawn. You have the right to keep the current home on the lot or replace it with a larger home. This is important because you own the land and can build a free market unit of 2,026 square feet above grade, 100 square feet of free space up or downstairs for a utility room, and 800 square feet below grade with a height of 16 feet tall. Additional you are allowed a 400 square foot garage. All building or land changes are subject to the HOA that requires architectural approvals. Your residence must be full time, but you are allowed to rent out rooms or basement space to roommates. Aspen Village is located in the Aspen School District, and the school bus picks up children at community center of the village. Aspen Village amenities include an outdoor pool, club house and small gym, as well as a children's playground, baseball field, community gardens and hiking trails nearby. This is a great community for locals. Service dogs are allowed, upon approval with the Aspen Village HOA, and cats are allowed. There is parking for two cars on site, a guest parking pass included, and free additional parking with approval to store a truck, RV, Boat or Trailer (one vehicle per household) in the separate out of view storage lot at the front of the community. A short walk takes you to the nearby bus stop, enhancing your connectivity to the entire valley. You are 5 minutes from Snowmass Village and have access to Sinclair gas and limited groceries at the entrance to Aspen Village. You must qualify through APCHA (the employee housing program in Aspen), as you are required to work a certain number of hours in Roaring Valley. Please get qualified before making an offer. This is a free market APCHA. This is bank financeable based on credit of the Buyer and is a real estate home loan.

Key facts

• Open space
• Larger lots
• Trails

Tags

• LARGER LOTS
• OPEN SPACE
• TRAILS
• GARDEN TERRACES
• LARGE PATIO
• WOODEN DECK

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $680k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $2k ($25k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($9k rent vs $680k).
• Recommended offer: $598k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#177 in CO) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+; Watch: commute D, amenities F, cost of living 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.
• Zoned schools: Aspen Elementary School (math 32% / reading 52%, grade F, #321 of 966 statewide, top 35%, 440 students, 0% FRL); Aspen Middle School (math 30% / reading 49%, grade F, #84 of 270 statewide, top 32%, 443 students, 0% FRL); Aspen High School (math 47% / reading 72%, grade C+, #53 of 381 statewide, top 17%, 529 students, 0% FRL) — zoned schools at 0% FRL track the district average.
• 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 $8,585/mo this rent would consume 125% 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 $73k of equity ($5k loan paydown + $68k appreciation (10.0% local appreciation)).
• Pitkin County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 8.0% rent growth), your $190k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$117k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 344 days — a 12% lower offer ($598k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $598,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 344 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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.
7. 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.
8. 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: 1.26% ✓
• Cap rate: 9.91%
• Cash-on-cash: 12.92%
• DSCR: 1.57
• GRM: 6.6

CMA / ARV

• ARV (median comp): $580,030
• List price: $680,000
• Delta: 17.24%
• Verdict: OVERPRICED
• Comps: 9 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
140 Ridge Trl	0.03mi	3/2.0	938 (+3%)	12mo	$450,000	$480	80
91 WILDCAT	0.04mi	2/1.0 (-1)	896 (-2%)	15mo	$590,000	$658	78

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: 36.2%
• Equity multiple: 3.87×
• Total profit: $546,434
• Equity at exit: $612,598

10-year hold

• IRR: 33.0%
• Equity multiple: 9.50×
• Total profit: $1,619,180
• Equity at exit: $1,321,090

Cash invested: $190,400 (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: 6.6×

Monthly cashflow live

• Estimated rent: $8,585 medium
• Mortgage (P&I): −$3,566
• Tax est. 1.5%: −$850 /mo · $10,200/yr
• Insurance: −$283
• HOA: −$33
• Vacancy / Maint / Mgmt: −$1,803
• Net cashflow: $2,050

Break-even live

Break-even rent $5,990

Max offer price $680,000

Occupancy floor 71%

Sensitivity live

Price	-10% $2,520	-5% $2,285	+0% $2,050	+5% $1,815	+10% $1,580
Rent	-10% $1,372	-5% $1,711	+0% $2,050	+5% $2,389	+10% $2,728
Rate	-1.0pp $2,392	-0.5pp $2,223	base $2,050	+0.5pp $1,874	+1.0pp $1,695

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: $170,000
• Closing costs: $20,400
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $33 · $396/yr
• Likely covers: gaselectricpoolgym

Listing history 18 events

1. 2026-06-21
   days on market $680,000 Active 344 DOM
2. 2026-06-19
   days on market $680,000 Active 342 DOM
3. 2026-06-18
   days on market $680,000 Active 341 DOM
4. 2026-06-17
   days on market $680,000 Active 340 DOM
5. 2026-06-16
   days on market $680,000 Active 339 DOM
6. 2026-06-15
   days on market $680,000 Active 338 DOM
7. 2026-06-14
   days on market $680,000 Active 336 DOM
8. 2026-06-12
   pricedays on market $680,000 Active 335 DOM
9. 2026-06-02
   days on market $699,000 Active 332 DOM
10. 2026-06-01
    days on market $699,000 Active 331 DOM
11. 2026-05-31
    days on market $699,000 Active 330 DOM
12. 2026-05-30
    days on market $699,000 Active 329 DOM
13. 2026-03-04
    status Active 3797-char remark

    Show marketing remark (3797 chars)

    CHECK OUT ALL THE NEW UPDATES ON THE UNIT, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. MOVE IN READY. This Free-market unit can be sold at any price desired. You must be in the APCHA program with 1500 hours of work annually in the Roaring Fork Valley. You own land any all structures on the land. One of the largest lots available with 3 bedrooms, a private lawn with terraced gardens, storage shed and two car parking. This location has an Aspen address and is in the Aspen School District. Only be minutes away to Aspen, Snowmass or Basalt. Check Out all the New Updates, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. This is one of the best locations with southern sun exposure and one of the largest lots for sale in Aspen Village (5,789 sq. ft), that opens onto open space and trails. It has a natural home feeling with all the open space, yards and garden terraces. The front of the lot is facing north, and the back of the lot has sunny south facing opening onto the open space with a beautiful hillside and gardens. This 3-bedroom, 1 bath home is well cared for and easily maintained. Two large storage sheds are in the back lawn area with ample room. There are beautiful garden terraces for flowers, fruits and vegetables located on the south lawn, with a large patio on the east side and a sizable wooden deck on the west side surrounded by trees and lawn. You have the right to keep the current home on the lot or replace it with a larger home. This is important because you own the land and can build a free market unit of 2,026 square feet above grade, 100 square feet of free space up or downstairs for a utility room, and 800 square feet below grade with a height of 16 feet tall. Additional you are allowed a 400 square foot garage. All building or land changes are subject to the HOA that requires architectural approvals. Your residence must be full time, but you are allowed to rent out rooms or basement space to roommates. Aspen Village is located in the Aspen School District, and the school bus picks up children at community center of the village. Aspen Village amenities include an outdoor pool, club house and small gym, as well as a children's playground, baseball field, community gardens and hiking trails nearby. This is a great community for locals. Service dogs are allowed, upon approval with the Aspen Village HOA, and cats are allowed. There is parking for two cars on site, a guest parking pass included, and free additional parking with approval to store a truck, RV, Boat or Trailer (one vehicle per household) in the separate out of view storage lot at the front of the community. A short walk takes you to the nearby bus stop, enhancing your connectivity to the entire valley. You are 5 minutes from Snowmass Village and have access to Sinclair gas and limited groceries at the entrance to Aspen Village. You must qualify through APCHA (the employee housing program in Aspen), as you are required to work a certain number of hours in Roaring Valley. Please get qualified before making an offer. This is a free market APCHA. This is bank financeable based on credit of the Buyer and is a real estate home loan.

14. 2026-01-29
    price $699,000 3797-char remark

    Show marketing remark (3797 chars)

    CHECK OUT ALL THE NEW UPDATES ON THE UNIT, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. MOVE IN READY. This Free-market unit can be sold at any price desired. You must be in the APCHA program with 1500 hours of work annually in the Roaring Fork Valley. You own land any all structures on the land. One of the largest lots available with 3 bedrooms, a private lawn with terraced gardens, storage shed and two car parking. This location has an Aspen address and is in the Aspen School District. Only be minutes away to Aspen, Snowmass or Basalt. Check Out all the New Updates, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. This is one of the best locations with southern sun exposure and one of the largest lots for sale in Aspen Village (5,789 sq. ft), that opens onto open space and trails. It has a natural home feeling with all the open space, yards and garden terraces. The front of the lot is facing north, and the back of the lot has sunny south facing opening onto the open space with a beautiful hillside and gardens. This 3-bedroom, 1 bath home is well cared for and easily maintained. Two large storage sheds are in the back lawn area with ample room. There are beautiful garden terraces for flowers, fruits and vegetables located on the south lawn, with a large patio on the east side and a sizable wooden deck on the west side surrounded by trees and lawn. You have the right to keep the current home on the lot or replace it with a larger home. This is important because you own the land and can build a free market unit of 2,026 square feet above grade, 100 square feet of free space up or downstairs for a utility room, and 800 square feet below grade with a height of 16 feet tall. Additional you are allowed a 400 square foot garage. All building or land changes are subject to the HOA that requires architectural approvals. Your residence must be full time, but you are allowed to rent out rooms or basement space to roommates. Aspen Village is located in the Aspen School District, and the school bus picks up children at community center of the village. Aspen Village amenities include an outdoor pool, club house and small gym, as well as a children's playground, baseball field, community gardens and hiking trails nearby. This is a great community for locals. Service dogs are allowed, upon approval with the Aspen Village HOA, and cats are allowed. There is parking for two cars on site, a guest parking pass included, and free additional parking with approval to store a truck, RV, Boat or Trailer (one vehicle per household) in the separate out of view storage lot at the front of the community. A short walk takes you to the nearby bus stop, enhancing your connectivity to the entire valley. You are 5 minutes from Snowmass Village and have access to Sinclair gas and limited groceries at the entrance to Aspen Village. You must qualify through APCHA (the employee housing program in Aspen), as you are required to work a certain number of hours in Roaring Valley. Please get qualified before making an offer. This is a free market APCHA. This is bank financeable based on credit of the Buyer and is a real estate home loan.

15. 2025-10-28
    price $679,000 3797-char remark

    Show marketing remark (3797 chars)

    CHECK OUT ALL THE NEW UPDATES ON THE UNIT, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. MOVE IN READY. This Free-market unit can be sold at any price desired. You must be in the APCHA program with 1500 hours of work annually in the Roaring Fork Valley. You own land any all structures on the land. One of the largest lots available with 3 bedrooms, a private lawn with terraced gardens, storage shed and two car parking. This location has an Aspen address and is in the Aspen School District. Only be minutes away to Aspen, Snowmass or Basalt. Check Out all the New Updates, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. This is one of the best locations with southern sun exposure and one of the largest lots for sale in Aspen Village (5,789 sq. ft), that opens onto open space and trails. It has a natural home feeling with all the open space, yards and garden terraces. The front of the lot is facing north, and the back of the lot has sunny south facing opening onto the open space with a beautiful hillside and gardens. This 3-bedroom, 1 bath home is well cared for and easily maintained. Two large storage sheds are in the back lawn area with ample room. There are beautiful garden terraces for flowers, fruits and vegetables located on the south lawn, with a large patio on the east side and a sizable wooden deck on the west side surrounded by trees and lawn. You have the right to keep the current home on the lot or replace it with a larger home. This is important because you own the land and can build a free market unit of 2,026 square feet above grade, 100 square feet of free space up or downstairs for a utility room, and 800 square feet below grade with a height of 16 feet tall. Additional you are allowed a 400 square foot garage. All building or land changes are subject to the HOA that requires architectural approvals. Your residence must be full time, but you are allowed to rent out rooms or basement space to roommates. Aspen Village is located in the Aspen School District, and the school bus picks up children at community center of the village. Aspen Village amenities include an outdoor pool, club house and small gym, as well as a children's playground, baseball field, community gardens and hiking trails nearby. This is a great community for locals. Service dogs are allowed, upon approval with the Aspen Village HOA, and cats are allowed. There is parking for two cars on site, a guest parking pass included, and free additional parking with approval to store a truck, RV, Boat or Trailer (one vehicle per household) in the separate out of view storage lot at the front of the community. A short walk takes you to the nearby bus stop, enhancing your connectivity to the entire valley. You are 5 minutes from Snowmass Village and have access to Sinclair gas and limited groceries at the entrance to Aspen Village. You must qualify through APCHA (the employee housing program in Aspen), as you are required to work a certain number of hours in Roaring Valley. Please get qualified before making an offer. This is a free market APCHA. This is bank financeable based on credit of the Buyer and is a real estate home loan.

16. 2025-09-09
    price $690,000 3797-char remark

    Show marketing remark (3797 chars)

    CHECK OUT ALL THE NEW UPDATES ON THE UNIT, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. MOVE IN READY. This Free-market unit can be sold at any price desired. You must be in the APCHA program with 1500 hours of work annually in the Roaring Fork Valley. You own land any all structures on the land. One of the largest lots available with 3 bedrooms, a private lawn with terraced gardens, storage shed and two car parking. This location has an Aspen address and is in the Aspen School District. Only be minutes away to Aspen, Snowmass or Basalt. Check Out all the New Updates, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. This is one of the best locations with southern sun exposure and one of the largest lots for sale in Aspen Village (5,789 sq. ft), that opens onto open space and trails. It has a natural home feeling with all the open space, yards and garden terraces. The front of the lot is facing north, and the back of the lot has sunny south facing opening onto the open space with a beautiful hillside and gardens. This 3-bedroom, 1 bath home is well cared for and easily maintained. Two large storage sheds are in the back lawn area with ample room. There are beautiful garden terraces for flowers, fruits and vegetables located on the south lawn, with a large patio on the east side and a sizable wooden deck on the west side surrounded by trees and lawn. You have the right to keep the current home on the lot or replace it with a larger home. This is important because you own the land and can build a free market unit of 2,026 square feet above grade, 100 square feet of free space up or downstairs for a utility room, and 800 square feet below grade with a height of 16 feet tall. Additional you are allowed a 400 square foot garage. All building or land changes are subject to the HOA that requires architectural approvals. Your residence must be full time, but you are allowed to rent out rooms or basement space to roommates. Aspen Village is located in the Aspen School District, and the school bus picks up children at community center of the village. Aspen Village amenities include an outdoor pool, club house and small gym, as well as a children's playground, baseball field, community gardens and hiking trails nearby. This is a great community for locals. Service dogs are allowed, upon approval with the Aspen Village HOA, and cats are allowed. There is parking for two cars on site, a guest parking pass included, and free additional parking with approval to store a truck, RV, Boat or Trailer (one vehicle per household) in the separate out of view storage lot at the front of the community. A short walk takes you to the nearby bus stop, enhancing your connectivity to the entire valley. You are 5 minutes from Snowmass Village and have access to Sinclair gas and limited groceries at the entrance to Aspen Village. You must qualify through APCHA (the employee housing program in Aspen), as you are required to work a certain number of hours in Roaring Valley. Please get qualified before making an offer. This is a free market APCHA. This is bank financeable based on credit of the Buyer and is a real estate home loan.

17. 2025-08-01
    price $696,000 3797-char remark

    Show marketing remark (3797 chars)

    CHECK OUT ALL THE NEW UPDATES ON THE UNIT, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. MOVE IN READY. This Free-market unit can be sold at any price desired. You must be in the APCHA program with 1500 hours of work annually in the Roaring Fork Valley. You own land any all structures on the land. One of the largest lots available with 3 bedrooms, a private lawn with terraced gardens, storage shed and two car parking. This location has an Aspen address and is in the Aspen School District. Only be minutes away to Aspen, Snowmass or Basalt. Check Out all the New Updates, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. This is one of the best locations with southern sun exposure and one of the largest lots for sale in Aspen Village (5,789 sq. ft), that opens onto open space and trails. It has a natural home feeling with all the open space, yards and garden terraces. The front of the lot is facing north, and the back of the lot has sunny south facing opening onto the open space with a beautiful hillside and gardens. This 3-bedroom, 1 bath home is well cared for and easily maintained. Two large storage sheds are in the back lawn area with ample room. There are beautiful garden terraces for flowers, fruits and vegetables located on the south lawn, with a large patio on the east side and a sizable wooden deck on the west side surrounded by trees and lawn. You have the right to keep the current home on the lot or replace it with a larger home. This is important because you own the land and can build a free market unit of 2,026 square feet above grade, 100 square feet of free space up or downstairs for a utility room, and 800 square feet below grade with a height of 16 feet tall. Additional you are allowed a 400 square foot garage. All building or land changes are subject to the HOA that requires architectural approvals. Your residence must be full time, but you are allowed to rent out rooms or basement space to roommates. Aspen Village is located in the Aspen School District, and the school bus picks up children at community center of the village. Aspen Village amenities include an outdoor pool, club house and small gym, as well as a children's playground, baseball field, community gardens and hiking trails nearby. This is a great community for locals. Service dogs are allowed, upon approval with the Aspen Village HOA, and cats are allowed. There is parking for two cars on site, a guest parking pass included, and free additional parking with approval to store a truck, RV, Boat or Trailer (one vehicle per household) in the separate out of view storage lot at the front of the community. A short walk takes you to the nearby bus stop, enhancing your connectivity to the entire valley. You are 5 minutes from Snowmass Village and have access to Sinclair gas and limited groceries at the entrance to Aspen Village. You must qualify through APCHA (the employee housing program in Aspen), as you are required to work a certain number of hours in Roaring Valley. Please get qualified before making an offer. This is a free market APCHA. This is bank financeable based on credit of the Buyer and is a real estate home loan.

18. 2025-06-02
    listed $695,000 Active 3797-char remark

    Show marketing remark (3797 chars)

    CHECK OUT ALL THE NEW UPDATES ON THE UNIT, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. MOVE IN READY. This Free-market unit can be sold at any price desired. You must be in the APCHA program with 1500 hours of work annually in the Roaring Fork Valley. You own land any all structures on the land. One of the largest lots available with 3 bedrooms, a private lawn with terraced gardens, storage shed and two car parking. This location has an Aspen address and is in the Aspen School District. Only be minutes away to Aspen, Snowmass or Basalt. Check Out all the New Updates, updated plumbing, updated electrical, new carpet, new flooring, new interior paint, new radon system, all roofing inspected and repaired by Pacific Sheet Metal, new kitchen counters, new kitchen sink, new kitchen faucets, new hardware in kitchen, new bathroom cabinet with marble top, new sink and faucets, new bathroom mirrors and new medicine chest. This is one of the best locations with southern sun exposure and one of the largest lots for sale in Aspen Village (5,789 sq. ft), that opens onto open space and trails. It has a natural home feeling with all the open space, yards and garden terraces. The front of the lot is facing north, and the back of the lot has sunny south facing opening onto the open space with a beautiful hillside and gardens. This 3-bedroom, 1 bath home is well cared for and easily maintained. Two large storage sheds are in the back lawn area with ample room. There are beautiful garden terraces for flowers, fruits and vegetables located on the south lawn, with a large patio on the east side and a sizable wooden deck on the west side surrounded by trees and lawn. You have the right to keep the current home on the lot or replace it with a larger home. This is important because you own the land and can build a free market unit of 2,026 square feet above grade, 100 square feet of free space up or downstairs for a utility room, and 800 square feet below grade with a height of 16 feet tall. Additional you are allowed a 400 square foot garage. All building or land changes are subject to the HOA that requires architectural approvals. Your residence must be full time, but you are allowed to rent out rooms or basement space to roommates. Aspen Village is located in the Aspen School District, and the school bus picks up children at community center of the village. Aspen Village amenities include an outdoor pool, club house and small gym, as well as a children's playground, baseball field, community gardens and hiking trails nearby. This is a great community for locals. Service dogs are allowed, upon approval with the Aspen Village HOA, and cats are allowed. There is parking for two cars on site, a guest parking pass included, and free additional parking with approval to store a truck, RV, Boat or Trailer (one vehicle per household) in the separate out of view storage lot at the front of the community. A short walk takes you to the nearby bus stop, enhancing your connectivity to the entire valley. You are 5 minutes from Snowmass Village and have access to Sinclair gas and limited groceries at the entrance to Aspen Village. You must qualify through APCHA (the employee housing program in Aspen), as you are required to work a certain number of hours in Roaring Valley. Please get qualified before making an offer. This is a free market APCHA. This is bank financeable based on credit of the Buyer and is a real estate home loan.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 2/10 Low 9 d/yr ≥84°F today · 25 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $103,023
• − Mortgage interest: −$38,091
• − Property taxes: −$10,200
• − Insurance: −$3,400
• − Repairs & maintenance: −$8,242
• − Management: −$8,242
• − HOA: −$396
• − Depreciation: −$19,782
• Taxable income: $14,671
• Est. tax owed @ 24.0%: −$3,521
• After-tax cash flow: $21,079/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This move-in ready home features updated interiors and a well-maintained exterior, with potential for further improvements to enhance its curb appeal and value.

Value-add opportunities

• Both landscaping and garden improvements — enhances curb appeal and outdoor living space
• Both painting exterior walls — improves curb appeal and enhances home's value
• Resale upgrading kitchen appliances — modernizes kitchen and improves functionality
• Resale upgrading bathroom fixtures — enhances bathroom aesthetics and functionality

Renovation cost estimate screening

Value-add ROI direction

• Both landscaping and garden improvements — enhances curb appeal and outdoor living space ↑
• Both painting exterior walls — improves curb appeal and enhances home's value ↑
• Resale upgrading kitchen appliances — modernizes kitchen and improves functionality ↑
• Resale upgrading bathroom fixtures — enhances bathroom aesthetics and functionality ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Snowmass Village

• Score: 64/100
• State rank: #177
• US rank: #14460

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pitkin County · 9,068 people
• City population: 3,048
• 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

+0.6% since first listed

6 events — show timeline

• 2026-03-04 Relisted — AGMLS
• 2026-01-29 Price Changed $699,000 AGMLS
• 2025-10-28 Price Changed $679,000 AGMLS
• 2025-09-09 Price Changed $690,000 AGMLS
• 2025-08-01 Price Changed $696,000 AGMLS
• 2025-06-02 Listed $695,000 AGMLS