What’s the Big Deal: Vacant Aspen lot sells for $5.5 million

“What’s the Big Deal?” runs Mondays and is based on the week’s most expensive property transaction recorded in the Pitkin County Clerk & Recorder’s Office.

Price: $5.5 million

Date recorded: May 26

Address: 40 Spruce Court, Aspen

Neighborhood: Smuggler/Hunter Creek area

Buyer: 40 SPCT LLC

Seller: 40 Spruce LLC

Property type: Vacant

Lot size: 1.025 acre

Assessor’s office actual value: $3.6 million

Assessor’s office assessed value: $ 1,044,000

Property tax bill: $32,118

Worth noting: Property comes with rights to rights to build single-family-home with as much as 9,173 square feet of heated space and a 750-square-foot garage.

Source: Pitkin County Assessor’s Office, Pitkin County Clerk and Recorder’s Office.


Foodstuff: What are you doing for New Year’s Eve?

It’s almost time to ring in the new year and if your holiday schedule is shaping up to be as packed as mine, I wish you a well-deserved rest in 2024. In the meantime, it’s our chance to party, and party we shall.

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