What’s the Big Deal: $15.2 million for developable land on Red Mountain | AspenTimes.com

What’s the Big Deal: $15.2 million for developable land on Red Mountain

“What’s the Big Deal?” runs Mondays and is based on the most expensive property transaction recorded in Pitkin County through 3 p.m. each Friday.

Price: $15.2 million

Date recorded: May 14

Address: 132 American Lane

Subdivision: Rubey

Buyer: Alpha Trust

Seller: HBaar LLC

Property type: Single-family residential

Year built: 1970, actual; 1985, effective

Total heated area: 1,604 square feet

Lot size: 5.28 acres

Property tax bill: $13,020.60

Worth noting: The last available lot for sale in the Rubey subdivision at the base of Red Mountain, the property has approvals to built up to 19,750 square feet.

Support Local Journalism

Support Local Journalism

Readers around Aspen and Snowmass Village make the Aspen Times’ work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User


Pandemic exposes valley’s digital divide

Before the pandemic hit, Ana Posada, 60, decided to take English lessons in preparation for interviews to obtain her U.S. citizenship. She started classes with English in Action, a local nonprofit in the Roaring Fork…

See more