311 Midland Ave, Aspen, CO, 81611
About This Home
Demo permit in place! Building plans on file and a permit secured for the 2026 allotment give you a rare head start to build your Aspen dream home without waiting years in the queue. Located in East Aspen within walking distance to downtown, the Gondola, and Aspen's premier shopping, dining, and nightlife, this property combines location with opportunity. Rent: The home is offered partially furnished and with excellent long-term tenants in place, providing immediate rental income while you move forward with your development plans. On a quiet street just 1.5 blocks from a shuttle stop and minutes from town via the nearby Hopkins Street footbridge, it also sits in the highly regarded Aspen School District - making it a strong rental investment. Develop: Included with the sale are plans for a luxury new build, already submitted for permitting. With the demo permit in hand for 2026, this is a truly unique redevelopment opportunity in one of Aspen's most desirable neighborhoods. Options abound - collect income now, build next. Your Aspen opportunity starts here.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1970
Materials
- Roof: Other
- Construction materials: Wood Siding,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Inside
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Number of fireplaces: 1
- Fireplace features: Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric,Baseboard
- Cooling features: None
Interior Area
- Total structure area: 1,828
- Total interior livable area: 1,828 sqft
Property
Details
- Parcel number: 273718100043
- Zoning: Residential
Lot
- Lot size: 6,098 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
- Lightning
- Winter Weather
- Inland Flooding
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $37,924 | $455,088 |
| Home Insurance * | $469 | $5,628 |
| Property Taxes | $2,125 | $25,500 |
| Electricity | $186 | $2,232 |
| Total | $40,704 | $488,448 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-06-10 | Listed for sale | $8,900,000 |
| 2025-04-11 | Listing removed | $8,900,000 |
| 2024-09-16 | Listed for sale | $8,900,000 |
| 2018-04-11 | Listing removed | $2,495,000 |
| 2017-01-16 | Listed for sale | $2,495,000 |
For Sale by Agent
View on Zillow