About 294 Draw Drive
This masterfully designed lower Red Mountain estate features 6 expansive bedrooms with spa-inspired en-suite bathrooms, offering an unparalleled level of scale and sophistication. The residence is anchored by dual primary suites, two incomparable sanctuaries providing equal measures of privacy, luxury, and panoramic views. From the grand entrance, the silhouette of the Elk Range takes center stage, framing an artfully appointed living area and den. The open-concept kitchen, dining, and living areas are well-balanced, creating intentional spaces for both intimate gatherings and more formal events. The professional-grade kitchen is both a powerful tool in the hands of a culinary master and the epicenter of family gatherings. The lower level is the ultimate space for entertaining, featuring a bespoke bar and a sprawling lounge designed for hosting at any scale. This floor seamlessly integrates a private cinema, a sculptural glass elevator, and a sophisticated wine room. Even from this level, dramatic mountain views follow you around every corner. The living areas extend effortlessly outdoors to expansive terraces, where a custom spa is perfectly positioned to capture the romance of Red Mountain. Offering a front-row seat to the alpenglow and panoramic vistas, this space is the ultimate vantage point. The property effortlessly folds into the natural setting of salvation ditch and the surrounding natural cooridor. Complete with a spacious garage and a premier ADU perfect for guests or staff, this estate is a zen retreat that balances high-octane entertaining with serene mountain beauty.
Price Change History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $41,500,000 to $39,500,000 | Change: ↓ $2,000,000 (4.82%) |
Features of 294 Draw Drive
| MLS® # | 191329 |
|---|---|
| Price | $39,500,000 |
| Bedrooms | 6 |
| Bathrooms | 9 |
| Full Baths | 6 |
| Half Baths | 3 |
| Square Footage | 9,264 |
| Acres | 0.79 |
| Year Built | 2010 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Split Level, Contemporary |
| Status | Active |
Community Information
| Address | 294 Draw Drive |
|---|---|
| Major Area | Aspen |
| Area | 01-Red Mountain |
| Subdivision | Ridge of Red Mountain |
| City | Aspen |
| County | Pitkin |
| State | CO |
| Zip Code | 81611 |
Amenities
| Utilities | Cable Available, Natural Gas Connected, Natural Gas Available, Electricity Connected, Electricity Available |
|---|---|
| # of Garages | 2 |
Interior
| Interior Features | Elevator |
|---|---|
| Heating | Solar, Radiant, Natural Gas, Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| # of Fireplaces | 4 |
| Fireplaces | Gas |
| Has Basement | Yes |
| Basement | Finished |
| Living Heated Sqft | 9,264 |
Exterior
| Lot Description | Landscaped |
|---|---|
| Roof | Composition |
| Construction | Wood Siding, Stucco, Frame |
Additional Information
| Date Listed | January 12th, 2026 |
|---|---|
| Zoning | Residential |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 4300.12 |
| HOA Fees Freq. | Annually |
| Data Source | AGSMLS |
| Short Termable | No |
Subdivision Statistics
| Listings | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|
| Active Listings 12 | Average Price $9,004,042 | Average $/SF $1,692 | Median $/SF $100 | Listing Price $39,500,000 |
