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240 Buttermilk Lane, Aspen, CO 81611

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For Sale
Sale Pending

$3,950,000

4.5 acres

Estimated Payment

$ 23,399 /mo. †

6.67% APR for 30 yrs.
$36,851 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 4.5 acres
    Lot size

Explore this Property

One of the last great ski-in/ski-out estate properties in Aspen. 4.5 partially wooded acres on the lower slopes of Buttermilk Mtn. Build 5,750' or 8,250' with the addition of a TDR. Approved Activity Envelope of 1.2 acres and the ability to build up to 1,000' Caretaker Dwelling Unit. Convenient central location: Pitkin County Airport 3 mi. Aspen Highlands 4 mi. Aspen Mtn. 4.5 mi. Snowmass Ski area 5.5 mi. Buyer to verify development opportunities to their own satisfaction.
MLS# 181150

Courtesy Of Aspen Snowmass Sotheby's International Realty

(970) 925-6060

Property Features

  • Architecture Style
    Other
  • Lot Size
    4.5 Acres

Map and Directions

Directions to 240 Buttermilk Lane, Aspen, CO 81611

Home seller CENTURY 21 CapRock Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 CapRock Real Estate

(970) 257-0500
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $20,328
  • Property Taxes
    $3,070
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $23,399

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Aspen Elementary School

Grades KG-4 Public School

Aspen, CO 81611 1.3 miles
235 high school rd

442 total students
12:1 Student teacher ratio

School Rating: A

School Details

Aspen Middle School

Grades 5-8 Public School

Aspen, CO 81611 1.3 miles
235 high school rd

445 total students
11:1 Student teacher ratio

School Rating: B

School Details

Aspen High School

Grades 9-12 Public School

Aspen, CO 81611 1.4 miles
235 high school rd

554 total students
13:1 Student teacher ratio

School Rating: B

School Details
Other Nearby Schools Distance Type Grades School Rating
Aspen Country Day School 2.3 miles Private PK-8
Aspen Community Charter School 5 miles Public PK-8

Aspen Country Day School

Distance: 2.3 miles

Type Private

Grades: PK-8

Aspen Community Charter School

Distance: 5 miles

Type Public

Grades: PK-8

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Aspen, CO 81611

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Aspen, CO 81611

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are above the national average.

64° July
Hottest Average Month
-0° January
Coldest Average Month
6,005 Total Households in Area
-3.3% Increase in population since the year 2010
26.7%
of households
have children
15 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Aspen, CO 81611

Aspen, CO 81611 has a population of 11,706 people in 6,005 households with a median age of 44.8 years old.

-3.3%
Decrease in population
since the year 2010
Population is Trending down
5,818
Total households as of 2010
5.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 44.8 years old. The smallest percentage group is 45-54 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 86%
Hispanic 10%
Other 4%
Asian 2%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 86%, followed by Hispanic at 10%, Other at 4%, and Asian at 2%.

Economics
for Aspen, CO 81611

37 /sq mi
Population Density
$104,721 /yr
Median Household Income
$3,162,500
Median Sales Price
15 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 22.94% of the households.

Transportation to Work

  • Drive 49%
  • Walk or Bike 20%
  • Work from Home 17%
  • Public Transit 15%

Occupancy by Type

Vacant 4,283 42%
Owned 3,922 38%
Rented 2,083 20%

White vs Blue Collar Jobs







White Collar 79%
Blue Collar 21%

Family & Education Facts
for Aspen, CO 81611

44.8 Median Age

Average Household Size

1.9
persons per
household

46.6%

Married Households

Community Population By Education

Bachelors Degree 42%
Graduate Degree 24%
Some College 13%
High School Graduate 10%
Associates Degree 8%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 42.31% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
26.7% of households have children

Weather
for Aspen, CO 81611

The weather for this area ranges from a high of 64° F in July to a low of -0° F in January

64° July
Hottest Average Month
-0° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
-0°
25°
Feb
1°
28°
Mar
5°
33°
Apr
13°
39°
May
22°
48°
Jun
30°
59°
Jul
35°
64°
Aug
34°
62°
Sep
26°
55°
Oct
19°
45°
Nov
7°
33°
Dec
1°
26°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Aspen/Glenwood Springs MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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