About 311 Midland Avenue
Demo permit in place! Building plans on file and a permit secured for the 2026 allotment give you a rare head start to build your Aspen dream home without waiting years in the queue. Located in East Aspen within walking distance to downtown, the Gondola, and Aspen's premier shopping, dining, and nightlife, this property combines location with opportunity. Rent: The home is offered partially furnished and with excellent long-term tenants in place, providing immediate rental income while you move forward with your development plans. On a quiet street just 1.5 blocks from a shuttle stop and minutes from town via the nearby Hopkins Street footbridge, it also sits in the highly regarded Aspen School District - making it a strong rental investment. Develop: Included with the sale are plans for a luxury new build, already submitted for permitting. With the demo permit in hand for 2026, this is a truly unique redevelopment opportunity in one of Aspen's most desirable neighborhoods. Options abound - collect income now, build next. Your Aspen opportunity starts here.
Features of 311 Midland Avenue
| MLS® # | 188647 |
|---|---|
| Price | $8,900,000 |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Full Baths | 3 |
| Square Footage | 1,828 |
| Acres | 0.14 |
| Year Built | 1970 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Two Story |
| Status | Active |
Community Information
| Address | 311 Midland Avenue |
|---|---|
| Major Area | Aspen |
| Area | 01-East Aspen |
| Subdivision | None |
| City | Aspen |
| County | Pitkin |
| State | CO |
| Zip Code | 81611 |
Amenities
| Utilities | Natural Gas Available |
|---|
Interior
| Heating | Electric, Baseboard |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Fireplaces | 1 |
| Fireplaces | Gas |
| Has Basement | Yes |
| Basement | Finished |
| Living Heated Sqft | 1,828 |
Exterior
| Roof | Other |
|---|---|
| Construction | Wood Siding, Frame |
Additional Information
| Date Listed | June 6th, 2025 |
|---|---|
| Zoning | Residential |
| 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 348 | Average Price $3,115,535 | Average $/SF $1,196 | Median $/SF $765 | Listing Price $8,900,000 |