About 531 Gillespie Street
Rare and exciting opportunity to create your dream home in Aspen's highly desirable West End neighborhood. Situated on a coveted corner lot across the street from the Aspen Music Tent, Aspen Institute and Herbert Bayer Museum. With access to the Rio Grande Trail for hiking and biking and the Aspen Meadows Resort which offers neighborhood tennis and pickleball. The City of Aspen has approved a demolition permit allowing for the construction of a single-family home or a duplex. The existing well-maintained home has been cared for and owned by the same family for over 50 years. This offering combines an unbeatable location with the flexibility to live, renovate, or build anew in one of Aspen's most prestigious neighborhoods.
Price Change History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $13,900,000 to $13,200,000 | Change: ↓ $700,000 (5.04%) |
Features of 531 Gillespie Street
| MLS® # | 186573 |
|---|---|
| Price | $13,200,000 |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 3,596 |
| Acres | 0.20 |
| Year Built | 1968 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 531 Gillespie Street |
|---|---|
| Major Area | Aspen |
| Area | 01-West End |
| Subdivision | Hallam Addition |
| City | Aspen |
| County | Pitkin |
| State | CO |
| Zip Code | 81611 |
Amenities
| # of Garages | 2 |
|---|
Interior
| Heating | Baseboard |
|---|---|
| Fireplace | No |
| # of Fireplaces | 2 |
| Has Basement | Yes |
| Basement | Finished |
| Living Heated Sqft | 3,596 |
Exterior
| Lot Description | Landscaped |
|---|---|
| Construction | Brick |
Additional Information
| Date Listed | January 2nd, 2025 |
|---|---|
| Zoning | R-6 |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | AGSMLS |
| Short Termable | No |
Subdivision Statistics
| Listings | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|
| Active Listings 5 | Average Price $13,635,400 | Average $/SF $2,925 | Median $/SF $13 | Listing Price $13,200,000 |