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.
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.