NOT LISTED FOR SALE

1355 Medicine Bow Rd Aspen, CO 81611

Estimated Value: $909,000 - $1,705,000

2.79 Acres
$520,606 Price per Acre
121,532 Sq Ft Lot

Sale Details

Date Sold: February 24, 2025

Last sale price $1,450,000

Current estimated payment $9,064 / mo

139 Days on Market

Highlights

  • 2.79 Acre Lot
  • Aspen Middle School Rated A-
  • Views

About This Lot

As of February 2025

Rare 2.79-acre homesite in Brush Creek Village with commanding views from Aspen Mountain and Independence Pass to Woody Creek. Buyer must go through Pitkin County approval process to build and determine allowable square footage. World-class skiing, restaurants and shopping. This homesite offers the opportunity to build your dream home in highly desirable Aspen School District neighborhood. Property is part of the Brush Creek Metropolitan District. Buyer to complete his or her own verification of building rights with Pitkin County.

Last Agent to Sell the Property

Wendy Jennings

Wendy Jennings Broker License #IA.100057409 Listed on: 01/03/2025

Wendy Jennings Broker

Last Buyer's Agent

Sally Shiekman

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA1317921

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,785

Lot Details

  • 2.79

HOA Fees

  • $33 Monthly HOA Fees

Utilities

  • Water Rights Not Included
  • Septic Tank
  • Septic System

Additional Features

  • 2.79 Acre Lot
  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded
  • Property Views

Community Details

  • Brush Creek Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 264321305002
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$11,785

Lot Details

2.79 Acres

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 2.79
  • Subdivision Name: Brush Creek Village
  • Directions: Brush Creek Road to Medicine Bow Rd. Property is on the left side of the road just past Tabula Rasa or Hwy 82 to Juniper Hill. Left at Medicine Bow. Property on the right.
  • New Construction: No
  • Tax Parcel Letter: 155381
  • General Info:Zoning2: Residential
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Financing Info:Taxes2: 11785.48
  • Financing Info:Tax Year2: 2023
  • Listing Info:New Construction: No
  • Mineral Rights:No2: Yes
  • Sanitation:Septic: Yes
  • Water Rights:None6: Yes
  • General Info:ADU Allowed: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 399.96
  • Special Features: None

Utilities

  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 33.33
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 33.33
  • Financing Info:Association Fee Frequency2: Monthly

Lot Info

  • Lot Size Sq Ft: 121532.0
  • Parcel #: 264321305002
  • Zoning: Residential
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 11785.48
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Feb 24, 2025
Sold by
Aspen One Development Llc
Bought by
Mjn Re Owner Llc
Seller's Agent
Wendy Jennings
Wendy Jennings Broker
Buyer's Agent
Sally Shiekman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,700,000
Sold Price
$1,450,000
Premium/Discount to List
-$250,000
-14.71%
Views
15
Current Estimated Value
$1,452,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,491
Avg. Annual Appreciation
0.15%

Purchase Details

Listed on
Oct 16, 2019
Closed on
Jul 12, 2021
Sold by
1355 Medicine Bow Road Llc
Bought by
Aspen One Development Llc
Seller's Agent
Gary Feldman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Gary Feldman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,195,000
Sold Price
$950,000
Premium/Discount to List
-$245,000
-20.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$712,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2010
Sold by
Schaldach Gunter
Bought by
1355 Medicine Bow Road Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mjn Re Owner Llc $1,450,000 Land Title
Aspen One Development Llc $950,000 Title Company Of The Rockies
1355 Medicine Bow Road Llc $1,026,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aspen One Development Llc $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2025 02/24/25 Sold $1,450,000 -14.7% --
01/03/2025 01/03/25 For Sale $1,700,000 +17.2% --
01/01/2025 01/01/25 Off Market $1,450,000 -- --
09/05/2024 09/05/24 Price Changed $1,700,000 -15.0% --
08/27/2024 08/27/24 For Sale $2,000,000 +110.5% --
07/14/2021 07/14/21 Sold $950,000 -20.5% -- View Prior Sale
03/14/2021 03/14/21 Pending -- -- --
07/26/2018 07/26/18 For Sale $1,195,000 -- --
Source: Aspen Glenwood MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,323 $351,000 $351,000 $0
2024 $15,323 $320,850 $320,850 $0
2023 $12,848 $320,850 $320,850 $0
2022 $10,890 $214,600 $214,600 $0
2021 $10,467 $214,600 $214,600 $0
2020 $10,189 $211,700 $211,700 $0
2019 $10,189 $211,700 $211,700 $0
2018 $10,198 $211,700 $211,700 $0
2017 $10,420 $210,250 $210,250 $0
2016 $9,824 $198,650 $198,650 $0
2015 $10,536 $198,650 $198,650 $0
2014 $11,243 $198,650 $198,650 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2025

    Wendy Jennings

    Wendy Jennings Broker

    (714) 552-7578

    1 in this area

    2 Total Sales

    Wendy Jennings
    Section Image
  • Sally Shiekman

    Buyer's Agent in 2025

    Sally Shiekman

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-7530

    12 in this area

    113 Total Sales

    Sally Shiekman
    Section Image

  • G

    Seller's Agent in 2021

    Gary Feldman

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-3737

    4 in this area

    11 Total Sales

    Gary Feldman
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 185229

Aspen Glenwood MLS

APN: R003210

Colorado Pitkin County Aspen 81611

1355 Medicine Bow Rd, Aspen, CO

Not Listed for Sale

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Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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