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306 Oak Ln, Aspen, CO, 81611

2beds
1baths
772sqft
$1,100,000
$1,425price/sqft
$6,127/moest. monthly cost
$245,080/yrincome needed

About This Home

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.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
81
BikeVery Bikeable

Schools

5/10
Aspen Middle SchoolGrades 5-81.9 mi
9/10
Aspen High SchoolGrades 9-121.9 mi
8/10
Aspen Elementary SchoolGrades PK-41.9 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1973

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 772
  • Total interior livable area: 772 sqft

Property

Details

  • Parcel number: 273707490306
  • Zoning: R-3

Lot

  • Lot size: 3,049 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Avalanche
    AvalancheVery High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Avalanche
Lightning
Winter Weather
Inland Flooding
Landslide

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$68$816
Property Taxes $311$3,732
Electricity $186$2,232
Total$6,127$73,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$210,068/yr
40% on housing$183,810/yr
45% on housing$163,386/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 21.1%
21.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: -11.2%
-11.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,425This listing

vs Other Active Listings

Avg $/sqft

ZIP 81611$2,925
Pitkin County$2,522

vs Homes Sold Last Month

Median $/sqft

ZIP 81611$3,084
Pitkin County$2,182

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-14Contingent$1,200,000
2026-04-01Listed for sale$1,200,000
2026-03-17Contingent$1,295,000
2026-03-09Listed for sale$1,295,000
2025-12-29Contingent$1,295,000
2025-10-06Listed for sale$1,295,000
2025-09-16Contingent$1,295,000
2025-08-26Listed for sale$1,295,000
2025-08-08Contingent$1,295,000
2025-08-07Listed for sale$1,295,000
2016-12-01Sold$610,000
2016-10-27Pending sale$649,000
2016-10-18Listed for sale$649,000
2015-10-28Sold$460,000
2015-09-14Pending sale$529,000
2015-06-19Listed for sale$529,000

For Sale by Agent

AgentAjax Real Estate Team
BrokerageColdwell Banker Mason Morse-Aspen

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