Leave a Message

Thank you for your message. We will be in touch with you shortly.

Aspen

Breathtaking mountain destination for year-round adventures.

Aspen, Colorado Real Estate

 
Nestled amongst the Rocky Mountains, Aspen is located 11 miles west of the Continental Divide and is next to both Woody Creek and Snowmass Village in the Aspen-Snowmass area. While this Colorado winter favorite is known for its breathtaking ski slopes and stunning mountain views, there is so much more to Aspen than its snow-capped peaks and winter wonderland. Named after the area's native Aspen trees, the community was founded during a silver mining boom in the 1880s. Since then, Aspen has established itself as a resort town with access to the Roaring Fork River Valley and the highest peaks. Many homes for sale in Aspen, and especially the area's mansions, boast an alpine flair and are often sprawling single-family estates. With ample mountain real estate, Aspen homeowners can take advantage of panoramic scenic vistas and enjoy the privacy of nature without sacrificing convenience.

Aspen, Colorado – Mountain town with luxury lifestyle and stunning scenery

 

Aspen, Colorado – Community Overview & Real Estate Guide

Nestled in the heart of the Rocky Mountains, Aspen is one of the world’s premier destinations for luxury living, outdoor adventure, and cultural sophistication. Renowned for its four world-class ski resorts, high-end real estate, and vibrant arts scene, Aspen combines mountain-town charm with cosmopolitan amenities. Whether as a year-round residence or seasonal retreat, Aspen draws global buyers seeking natural beauty, world-class recreation, and unmatched exclusivity.

Overview of Aspen, CO

Set at an elevation of about 8,000 feet, Aspen is a historic mining town turned luxury resort community. The town is famous for Aspen Mountain, Aspen Highlands, Buttermilk, and Snowmass ski areas, along with year-round hiking, biking, and fly-fishing. Downtown Aspen offers upscale boutiques, five-star restaurants, and renowned cultural venues such as the Aspen Institute and Aspen Music Festival. Real estate here ranges from slope-side chalets and modern mountain estates to historic downtown residences, all reflecting the prestige of one of America’s most exclusive markets.

Key Facts about Aspen, CO
Area ~3.8 sq mi (City of Aspen)
County Pitkin County
Established 1879 (Silver mining town; incorporated 1881)
Population (recent est.) ~7,400 (city) • ~17,000 (countywide)
Elevation ~8,000 ft (2,438 m)
Signature Attractions Aspen Mountain • Snowmass • Aspen Highlands • Buttermilk • Aspen Music Festival & School • The Aspen Institute • Maroon Bells Scenic Area
Main Roads Colorado State Highway 82 (connects to Glenwood Springs & I-70)

Aspen represents the pinnacle of luxury mountain living, offering a lifestyle where alpine adventure meets cultural excellence. With a global reputation, limited real estate supply, and enduring demand, Aspen remains one of the most coveted real estate markets in the United States.

 

 

Location & Connectivity in Aspen

Aspen sits high in the Rocky Mountains at an elevation of about 8,000 feet, surrounded by breathtaking peaks and alpine forests. Renowned as both a ski mecca and year-round resort, Aspen offers seamless access to recreation, culture, and luxury amenities. Downtown is compact and highly walkable, with shops, dining, and cultural venues all clustered within a few blocks.

Regional and long-haul connectivity is anchored by Aspen/Pitkin County Airport, with seasonal nonstops from major U.S. cities. Highway 82 links Aspen to Glenwood Springs and I-70, while free shuttles, biking paths, and walkable town streets make it easy to navigate without a car once in town.

Connectivity & Transportation — Aspen, CO
Location Map & Town Overview High in Colorado’s Rocky Mountains, Aspen lies in Pitkin County along the Roaring Fork River. Downtown is compact, walkable, and surrounded by four ski resorts: Aspen Mountain, Snowmass, Aspen Highlands, and Buttermilk.
Nearby Areas & Communities
  • Snowmass Village — ski-in/ski-out homes, family-friendly resort
  • Basalt — riverside town with fly-fishing & art scene
  • Carbondale — creative hub with dining, arts, and outdoor lifestyle
  • Glenwood Springs — hot springs, historic town, gateway to I-70
Attractions & Points of Interest
  • Maroon Bells — Colorado’s most photographed peaks
  • Aspen Music Festival & School • The Aspen Institute
  • World-class skiing & snowboarding • Summer hiking, biking, and festivals
  • Luxury boutiques, galleries, and five-star dining in downtown Aspen
Public Transport
  • RFTA (Roaring Fork Transportation Authority) — free shuttles between ski areas and throughout Aspen/Snowmass.
  • Valley buses connect Aspen with Basalt, Carbondale, and Glenwood Springs.
  • Downtown Aspen is pedestrian-friendly, with extensive sidewalks and bike-friendly streets.
Road Access & Main Highways
  • Highway 82 — sole road in/out of Aspen, leading northwest to Glenwood Springs & I-70.
  • Scenic Independence Pass (seasonal) connects east toward Twin Lakes & Colorado’s Front Range.
Typical Drive Times*
  • Aspen → Snowmass Village: ~20 min
  • Aspen → Basalt: ~25–30 min
  • Aspen → Carbondale: ~40–45 min
  • Aspen → Glenwood Springs: ~1 hr 15 min
  • Aspen → Denver: ~3.5–4 hrs (via I-70)
*Subject to weather, traffic, and seasonal road closures
Airport Access
  • Aspen/Pitkin County Airport (ASE) — ~3 mi from downtown; seasonal nonstops from major U.S. cities.
  • Eagle County Regional (EGE) — ~70 mi NW near Vail; year-round flights.
  • Denver International (DEN) — ~220 mi NE; largest hub for international connections.
Private FBOs and charter services widely available.
Walking & Cycling Aspen is exceptionally walkable. Dedicated bike lanes and paths connect town to Snowmass and nearby trails. The Rio Grande Trail follows the old rail corridor 40+ miles down-valley toward Glenwood Springs.
Taxi & Ride Apps Uber, Lyft, and local taxi services are available. Hotel shuttles and private car services (including luxury SUVs) are popular for airport and resort transfers.
Accessibility & EV Downtown shops, restaurants, and cultural venues offer ADA access. EV charging stations are available at ASE Airport, select hotels, and public lots in Aspen and Snowmass.

Aspen offers world-class convenience in a mountain setting — fly directly into town, walk to restaurants and cultural events, take free shuttles to the ski slopes, or enjoy scenic drives into Colorado’s high country.

 

Aspen Real Estate Market Trends (2025)

Aspen’s market is defined by scarcity, global demand, and a deep luxury segment across ski-in/ski-out chalets, modern mountain estates, and in-town condos. As of late 2025, the citywide median sold price is roughly $3.4M, with list-side pricing around $3.8M and an indicative $2,700 per sq. ft. at the listing level. Days on market trend in the 3–4 month range overall, with ultra-luxury properties taking longer due to bespoke features and limited comps. Neighborhoods like Red Mountain and the West End continue to command the highest premiums, while Snowmass Village offers a broader range of slope-adjacent options.

Property Type Median Price (USD) Price per Sq.Ft (USD) Average Rent (USD/month) Rental Yield*
2BR Condo / In-Town Residence $2.6M (indicative) $2,400–$2,900 $12,000–$18,000 3.5%–5.0% (est.)
3BR Townhome / Chalet $3.4M (median sold proxy) $2,400–$3,000 $25,000–$35,000 3.5%–4.5% (est.)
4BR Single-Family (Luxury) $6.0M+ $2,600–$3,500+ $40,000–$60,000+ 2.5%–4.0% (est.)
Ultra-Luxury Estate (Prime View/Ski-in) $10M–$25M+ $3,000–$5,000+ $75,000–$150,000+ 2.0%–3.0% (est.)

*Methodology & Notes: Citywide medians and PPSF references blend recent sold-side and listing-side trackers (Aug 2025). Rent bands reflect long-term (30+ day) offerings and exclude nightly/short-term peaks; luxury seasonal rates can skew higher. Yields are illustrative and vary by location (e.g., Red Mountain vs. downtown), ski access, view corridors, and amenities.

 

Lifestyle in Aspen

Aspen balances alpine adventure with cultural sophistication. At 8,000 feet in the Rockies, this world-renowned resort town offers four ski areas, designer boutiques, five-star dining, and globally recognized events like the Aspen Music Festival and Food & Wine Classic. Its walkable downtown, vibrant community, and year-round activities make it as appealing in summer as in winter.

Location in Aspen

Set in Pitkin County, Aspen sits along the Roaring Fork River and is surrounded by four ski mountains: Aspen Mountain, Snowmass, Aspen Highlands, and Buttermilk.

Community in Aspen

Tight-knit yet international. Residents include long-term locals, seasonal homeowners, and global visitors. Cultural events, farmer’s markets, art galleries, and outdoor gatherings foster year-round connection.

Dining in Aspen

Michelin-recognized chefs, upscale bistros, and après-ski lounges define the scene. From sushi and French-inspired dining to cozy mountain taverns, Aspen’s food culture rivals major cities.

Education in Aspen

Served by Aspen School District, which includes Aspen Elementary, Middle, and High Schools. Private options, outdoor education programs, and enrichment via arts, skiing, and mountain ecology are widely available.

Housing in Aspen

Includes ski-in/ski-out condos, contemporary mountain chalets, historic downtown Victorians, and ultra-luxury estates on Red Mountain. Demand is global, and inventory is extremely limited.

Transportation in Aspen

Compact, walkable core. Free RFTA shuttles connect ski areas and Snowmass. Highway 82 links to Glenwood Springs & I-70. Aspen/Pitkin County Airport offers direct flights to major U.S. hubs.

Climate in Aspen

High-alpine: snowy winters with world-class powder; warm, dry summers with cool nights. Clear seasonal contrasts support skiing, hiking, biking, and year-round outdoor lifestyles.

Amenities in Aspen

Designer boutiques, luxury resorts, wellness spas, private clubs, golf courses, and fine art institutions. Everyday conveniences in town complement exclusive lifestyle options.

Demographics in Aspen

Population of ~7,400 in town, with seasonal peaks. Mix of high-net-worth second homeowners, local professionals, and a vibrant hospitality/service workforce. Global community with strong cultural capital.

Pros in Aspen

Prestigious mountain destination, year-round recreation, international airport nearby, luxury lifestyle, world-class cultural events, and enduring global brand value.

Cons in Aspen

High real estate prices and limited inventory, seasonal crowds, limited road access (single highway), and weather-dependent travel. Ultra-premium cost of living.

Outdoor Activities in Aspen

Skiing, snowboarding, cross-country trails, hiking Maroon Bells, fly-fishing, mountain biking, rafting the Roaring Fork, and summer festivals under clear alpine skies.

Aspen’s lifestyle offers the rare combination of alpine adventure and refined culture— from ski slopes and hiking trails to art festivals, luxury dining, and a vibrant community spirit.

 

Amenities in Aspen, CO

Aspen offers a refined mix of world-class amenities—from elite healthcare and luxury shopping to outdoor recreation, cultural institutions, and wellness resorts. Below are highlights that elevate daily life and reinforce Aspen’s reputation as a premier global destination.

  • Hospitals & Clinics in Aspen

    Aspen • Basalt • Glenwood Springs (regional)
    Aspen provides access to advanced healthcare locally, with regional support within an hour’s drive.
    • Aspen Valley Hospital — full-service hospital & emergency care
    • Steadman Clinic Aspen — orthopedic & sports medicine
    • Snowmass Clinic — urgent care near slopes
    • Valley View Hospital — regional medical hub in Glenwood Springs
    Hospital & specialty care within 5–60 minutes
  • Shopping & Markets in Aspen

    Downtown Aspen • Snowmass Village
    Aspen blends designer luxury with local artisan shops, galleries, and gourmet markets.
    • Gucci, Prada, Moncler, Ralph Lauren — luxury flagships downtown
    • Aspen Saturday Market — seasonal farmers’ & artisan market
    • Aspen Highlands Village — ski shops & boutiques
    • Snowmass Base Village — dining & shops at mountain base
    Luxury retail and essentials within a compact, walkable core
  • Fitness & Recreation in Aspen

    Gyms • Country Clubs • Trails
    Fitness and recreation are central to Aspen living, with private clubs, mountain trails, and community facilities.
    • Aspen Recreation Center — aquatics, climbing wall, skating rink
    • Aspen Golf Club — championship course with views
    • Rio Grande Trail — multi-use trail connecting valley towns
    • Private Athletic Clubs — wellness, tennis, and spa amenities
    Active lifestyle options from mountain trails to exclusive clubs
  • Pet Services in Aspen

    Veterinary • Grooming • Boarding
    Aspen is pet-friendly, with trails, dog parks, veterinary clinics, and upscale pet services.
    • Aspen Animal Hospital — veterinary care
    • Wags & Whiskers — grooming & pet boutique
    • Mountain Paws Pet Care — pet sitting & boarding
    • Smuggler Dog Park — popular off-leash area
    Pet care and recreation within minutes of town

Schools & Preschools in Aspen

Families in Aspen are primarily served by the Aspen School District (ASD), which includes highly regarded public schools covering preschool through high school. Options extend to private and independent schools in Aspen and nearby communities, offering Montessori, language immersion, arts, and college-prep programs. The district consistently earns strong ratings for academics, extracurriculars, and community engagement.

Aspen schools emphasize college-prep rigor, STEM & arts integration, outdoor education, and personalized learning that leverages the valley’s unique mountain environment. Families should confirm current enrollment availability, preschool slots, and transfer policies before applying.

School / Preschool Type Location Highlights
Aspen Elementary School Public (K–4) — ASD Aspen Strong academics, small class sizes, STEM and arts integration, outdoor-based enrichment.
Basalt Elementary School Public (K–4) — Roaring Fork SD Basalt (~20 mi) Bilingual and dual-language programs; strong community involvement and arts focus.
Aspen Middle School Public (5–8) — ASD Aspen Wide electives including language, performing arts, athletics; emphasis on leadership and outdoor programs.
Basalt Middle School Public (5–8) — Roaring Fork SD Basalt Strong academics, sports, and language immersion; serves greater mid-valley families.
Aspen High School Public (9–12) — ASD Aspen International Baccalaureate (IB) program, AP courses, strong athletics, performing arts, and community service emphasis.
Colorado Rocky Mountain School Private (9–12) Carbondale (~30 mi) Independent college-prep with focus on outdoor leadership, experiential learning, and global citizenship.
Wildwood School Private (PreK–8) Aspen Independent program with individualized learning, arts, and strong parent engagement.
Aspen Country Day School Private (PreK–8) Aspen Montessori-influenced early learning, outdoor education, small classes, arts & languages.
Aspen Valley Preschool Private Preschool Aspen Play-based curriculum with focus on nature, social skills, and kindergarten readiness.
Aspen Community School Charter (K–8) Woody Creek (~8 mi) Alternative education with individualized instruction, experiential learning, and close-knit community.

Districts: Aspen School District (ASD) serves most local families, with additional options in the Roaring Fork School District (Basalt & Carbondale). Tip: Confirm attendance boundaries, IB/AP program slots, preschool availability, and enrollment timelines directly with each school.

 

Investment Potential in Aspen, CO

Aspen consistently ranks among the most prestigious mountain real estate markets in the U.S., driven by ultra-luxury estates, ski-in/ski-out residences, and high-end condos/townhomes. Global demand, extremely limited land supply, and world-class amenities (four ski areas, marquee cultural institutions, designer retail) underpin long-term value.

Why Aspen? International brand recognition, direct air access (ASE airport), true four-season appeal, and scarce inventory. Investment theses range from seasonal rental performance to buy-and-hold appreciation of trophy assets. Note that short-term rental rules in the City of Aspen and Pitkin County are strict and permit-based—always verify current ordinances, zones, and tax requirements before purchase.

Ultra-Luxury Estates
 
Global trophy demand
Ski-in/Ski-out
 
Top rental & resale
In-Town Condos
 
Walkability premium
Capital Growth
 
Constrained supply
  • Luxury Core: Red Mountain, West End, and slopeside enclaves command the highest premiums and global buyer interest.
  • Rental Demand: Winter & summer seasons support strong monthly and seasonal rates; slopeside & walk-to-lift locations outperform.
  • Regulatory Reality: Short-term rentals require permits and compliance with City/County rules—confirm zoning, caps, and tax.
  • Risk Factors: Weather/seasonality, limited road access (single highway), insurance costs, and HOA restrictions in certain buildings.

Rental Snapshot in Aspen

Luxury Homes: $40,000–$60,000+/mo (seasonal higher)
3BR Townhome/Chalet: $25,000–$35,000/mo
2BR In-Town Condo: $12,000–$18,000/mo
STR Nightly: ~$600–$3,000+ (season & location dependent)

Premiums for ski access, views, renovated interiors, and hotel-style amenities.

What Performs Well in Aspen

  • Ski-in/ski-out or walk-to-lift properties (Aspen Mountain, Highlands, Snowmass).
  • Downtown condos near dining, retail, and arts venues.
  • New or newly renovated luxury homes with modern mountain design.
  • Amenities: outdoor living, spa/sauna, gear rooms, EV charging.

Compliance & Risk in Aspen

  • STRs: permits, licensing, and occupancy/tax rules; building/HOA restrictions may apply.
  • Seasonal access & weather can impact travel and holding costs.
  • Insurance and maintenance higher in alpine climates.
  • Historic overlays in select neighborhoods (design review).

Investor Playbook in Aspen

  • Buy & Hold Trophy: Prime view or slopeside estates.
  • Renovation Alpha: Upgrade legacy interiors to current luxury standards.
  • Rental-Led: In-town or slopeside condos with proven seasonal demand.
  • Diversify: Consider Snowmass Village for broader price points with strong ski access.

Aspen’s blend of global cachet, year-round lifestyle, and finite supply supports resilient values across market cycles—particularly for properties with direct ski access, walkability, and best-in-class finishes.

 

Thinking About Moving to Aspen?

Nestled at 8,000 feet in Colorado’s Rocky Mountains, Aspen blends alpine adventure with luxury living. From Red Mountain’s trophy estates to downtown’s walkable core of boutiques, galleries, and fine dining, Aspen is a global destination with a small-town feel.

Housing options range from ski-in/ski-out chalets and modern mountain estates to historic Victorians and downtown condos. Inventory is limited, and premiums rise for slope-side access, panoramic views, and high-design interiors. Short-term rentals are in demand, but permits and city rules apply—compliance is essential.

Day-to-day life includes world-class skiing, hiking at Maroon Bells, biking along the Rio Grande Trail, and year-round cultural events such as the Aspen Music Festival and Food & Wine Classic. Residents enjoy exceptional healthcare, designer shopping, fine dining, and direct air service from Aspen/Pitkin County Airport.

With its rare combination of prestige, natural beauty, and global accessibility, Aspen remains one of the most coveted destinations for year-round living, seasonal retreats, and real estate investment.

Explore Aspen Real Estate →

Frequently Asked Questions about Aspen, CO

How much does it cost to live in Aspen?
  • Condos/Townhomes: ~$1.5M–$3.5M depending on proximity to lifts and downtown
  • Single-family homes: ~$4M–$8M+ with premiums for ski access and views
  • Luxury estates: $10M–$40M+ on Red Mountain, West End, or slopeside
Values reflect 2024–2025 Aspen market; properties with ski-in/ski-out or panoramic views often trade at ultra-premium levels.
Is Aspen a good place for investment properties?
Yes—Aspen’s global prestige, four-season tourism, and extremely limited inventory make it a strong investment market. Investors target ski-in/ski-out rentals, luxury downtown condos, and seasonal estates. Be aware: short-term rental permits are highly regulated by the City of Aspen and Pitkin County.
What is the rental market like?
  • Long-term rentals: ~$10,000–$15,000 (2–3BR condo), ~$20,000–$35,000+ (single-family homes)
  • Vacation rentals: Winter and summer seasons drive peak demand. Ski-in/ski-out and downtown condos perform best.
Short-term rentals require city permits; always verify zoning and building rules.
What types of properties are common in Aspen?
A mix of historic Victorians, modern mountain chalets, ultra-luxury estates, and downtown condos/townhomes. Red Mountain is known for trophy estates, while Snowmass Village offers more family-oriented ski properties.
What makes Aspen unique compared to other ski towns?
Aspen blends world-class skiing with arts, culture, and fine dining. The Aspen Music Festival, Food & Wine Classic, and globally renowned shopping distinguish it from many other resorts. Its year-round lifestyle (winter sports + summer hiking, biking, and festivals) makes it globally iconic.
How do people get around, and which airports serve Aspen?
Aspen is walkable downtown and ski villages connect by RFTA bus system. Driving is limited by Highway 82 access. Aspen/Pitkin County Airport (ASE) offers direct flights, with Denver International (DEN) ~4 hours away. Private aviation is also popular.
Which schools serve Aspen?
Families are served by the Aspen School District (ASD), including Aspen Elementary, Middle, and High School (IB program). Private options include Aspen Country Day School and Colorado Rocky Mountain School in Carbondale. Preschools include Aspen Valley Preschool and Montessori programs.

Aspen combines prestige, alpine beauty, and global appeal—a market where luxury living, investment, and recreation align seamlessly.

Overview for Aspen, CO

6,862 people live in Aspen, where the median age is 41.7 and the average individual income is $111,266. Data provided by the U.S. Census Bureau.

6,862

Total Population

41.7 years

Median Age

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

$111,266

Average individual Income

Demographics and Employment Data for Aspen, CO

Aspen has 4,082 households, with an average household size of 1.65. Data provided by the U.S. Census Bureau. Here’s what the people living in Aspen do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 6,862 people call Aspen home. The population density is 1,778.74 and the largest age group is Data provided by the U.S. Census Bureau.

6,862

Total Population

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

41.7

Median Age

51.15 / 48.85%

Men vs Women

Population by Age Group

0-9:

0-9 Years

10-17:

10-17 Years

18-24:

18-24 Years

25-64:

25-64 Years

65-74:

65-74 Years

75+:

75+ Years

Education Level

  • Less Than 9th Grade
  • High School Degree
  • Associate Degree
  • Bachelor Degree
  • Graduate Degree
4,082

Total Households

1.65

Average Household Size

$111,266

Average individual Income

Households with Children

With Children:

Without Children:

Marital Status

Married
Single
Divorced
Separated

Blue vs White Collar Workers

Blue Collar:

White Collar:

Commute Time

0 to 14 Minutes
15 to 29 Minutes
30 to 59 Minutes
60+ Minutes

Schools in Aspen, CO

All ()
Primary Schools ()
Middle Schools ()
High Schools ()
Mixed Schools ()
The following schools are within or nearby Aspen. The rating and statistics can serve as a starting point to make baseline comparisons on the right schools for your family. Data provided by the U.S. Census Bureau.
Type
Name
Category
Grades
School rating

Around Aspen, CO

There's plenty to do around Aspen, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.

27
Car-Dependent
Walking Score
78
Very Bikeable
Bike Score

Points of Interest

Explore popular things to do in the area, including Misstyx, Mark Richards of Aspen, and Ski Butlers.

Name Category Distance Reviews
Ratings by Yelp
Shopping 1.01 miles 5 reviews 5/5 stars
Shopping 1.13 miles 6 reviews 5/5 stars
Shopping 1.95 miles 20 reviews 5/5 stars
Shopping 1 miles 14 reviews 4.9/5 stars
Shopping 1.23 miles 16 reviews 4.9/5 stars
Active 1.07 miles 5 reviews 5/5 stars

Property Listings

Aspen Real Estate & Homes for Sale

Take a look at the properties for sale in this stunning neighborhood.

WORK WITH US

Saslove & Warwick approaches Aspen's real estate landscape with an auspicious blend of experience, deep community ties and forward thinking. Contact Saslove & Warwick today to get started on your real estate journey with the experts for Aspen Real Estate.

CONTACT US