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550 S Spring Street 10 #F10-1, Aspen, CO, 81611

3beds
4baths
1,870sqft
$8,950,000
$4,786price/sqft
$48,537/moest. monthly cost
$1,941,480/yrincome needed

About This Home

Among the most coveted real estate opportunities in the Rockies, the Sky Residences at W Aspen exist in a category of their own - just eleven slope-side residences perched at the base of Aspen Mountain, steps from the gondola and the heart of downtown. This three-bedroom, full-ownership residence delivers the full W hotel experience on your terms: twice-daily housekeeping, white-glove amenities, a private owner deck with mountain views, and a compelling rental income program when you're away. This offering includes all 10 deeded interests. This is the perfect way to enjoy your Aspen vacations located directly at the base of Aspen Mountain, and walking distance to everything Aspen has to offer. Turn-key living at Aspen's premier location. Nothing else on the market like it.

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
86
BikeVery Bikeable

Schools

8/10
Aspen Elementary SchoolGrades PK-41.8 mi
5/10
Aspen Middle SchoolGrades 5-81.8 mi
9/10
Aspen High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2019

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Elevator
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,870
  • Total interior livable area: 1,870 sqft

Property

Details

  • Parcel number: 273718280014
  • Zoning: Lodging

Lot

  • Features: Corner Lot,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Common
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Carport: Yes

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
  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Avalanche
Inland Flooding
Lightning
Winter Weather
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 $45,256$543,072
Home Insurance *$560$6,720
Property Taxes $2,535$30,420
Electricity $186$2,232
Total$48,537$582,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,664,125/yr
40% on housing$1,456,110/yr
45% on housing$1,294,320/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

$4,786This listing

vs Other Active Listings

Avg $/sqft

ZIP 81611$2,826
Pitkin County$2,467

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)

No zestimate history available

Price History

DateEventPrice
2026-05-29Price change$8,950,000
2025-06-19Listed for sale$10,000,000

New Construction

AgentGarrett Reuss
BrokerageAspen Snowmass Sotheby's International Realty-Snowmass Village

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