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1227 Mountain View Dr Units 1 & 2, Aspen, CO, 81611

4beds
4baths
2,080sqft
$7,995,000
$3,844price/sqft
$43,378/moest. monthly cost
$1,735,120/yrincome needed

About This Home

Unparalleled Aspen redevelopment opportunity. Discover a rare gem in Aspen's coveted Cemetery Lane neighborhood, where breathtaking 180-degree views stretch from Independence Pass to Buttermilk Mountain. Backing onto acres of pristine open space, this exceptional property offers unparalleled privacy and the feel of owning acres of Aspen land. Take advantage of the opportunity to build your dream, as this property has a City of Aspen demolition permit in hand. Whether it's a luxury single-family home or a duplex--and craft a masterpiece over 9,000 sq ft. that complements this remarkable setting. Located just minutes from Aspen's vibrant downtown, this property offers the perfect balance of seclusion and convenience. Make your mark on one of Aspen's most extraordinary redevelopment opportunities.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

8/10
Aspen Elementary SchoolGrades PK-41.2 mi
5/10
Aspen Middle SchoolGrades 5-81.2 mi
9/10
Aspen High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1970

Materials

  • Roof: Metal
  • Construction materials: Wood Siding,Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 2

Features

  • Number of fireplaces: 2
  • Fireplace: Yes

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 2,080
  • Total interior livable area: 2,080 sqft

Property

Details

  • Parcel number: 273501300091
  • Attached to another structure: Yes
  • Zoning: R-15

Lot

  • Lot size: 0.40 Acres
  • Features: Cul-De-Sac,Corner Lot

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
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Avalanche
Lightning
Inland Flooding
Winter Weather

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 $40,427$485,124
Home Insurance *$500$6,000
Property Taxes $2,265$27,180
Electricity $186$2,232
Total$43,378$520,536
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,487,245/yr
40% on housing$1,301,340/yr
45% on housing$1,156,746/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

$3,844This listing

vs Other Active Listings

Avg $/sqft

ZIP 81611$2,838
Pitkin County$2,473

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
2026-06-18Listed for sale$7,995,000
2026-05-29Contingent$7,995,000
2026-03-15Price change$7,995,000
2026-02-26Price change$8,295,000
2026-02-13Listed for sale$8,495,000
2025-12-05Listing removed$8,495,000
2025-10-19Price change$8,495,000
2025-09-26Price change$8,995,000
2025-08-29Price change$9,295,000
2025-08-07Price change$9,495,000
2025-07-03Price change$9,995,000
2025-07-01Listed for sale$10,995,000
2025-04-10Listing removed$9,995,000
2025-04-08Listed for sale$9,995,000
2025-02-12Contingent$9,995,000
2024-09-21Price change$9,995,000
2024-08-27Price change$10,195,000
2024-07-25Price change$10,495,000
2024-05-03Listed for sale$10,995,000

For Sale by Agent

AgentLex Tarumianz
BrokerageAspen Snowmass Sotheby's International Realty - Hyman Mall

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