About 240 Buttermilk Lane
One of Aspen's last remaining ski-in/ski-out estate opportunities, this exceptional 4.5-acre parcel is partially wooded and situated on the lower slopes of Buttermilk Mountain. The property allows for the construction of a residence up to 5,750 square feet, or up to 8,250 square feet with the addition of a Transferable Development Right (TDR). The Activity Envelope is currently in the approval process. Ideally positioned in a central Aspen location, the property offers convenient access to Pitkin County Airport (3 miles), Aspen Highlands (4 miles), Aspen Mountain (4.5 miles), and Snowmass Ski Area (5.5 miles). Buyer to independently verify all development potential to their satisfaction.
Features of 240 Buttermilk Lane
| MLS® # | 191421 |
|---|---|
| Price | $5,500,000 |
| Acres | 4.50 |
| Type | RES Vacant Land |
| Sub-Type | Single Family Lot |
| Status | Active |
Community Information
| Address | 240 Buttermilk Lane |
|---|---|
| Major Area | Aspen |
| Area | 01-West Aspen |
| Subdivision | Buttermilk |
| City | Aspen |
| County | Pitkin |
| State | CO |
| Zip Code | 81611 |
Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
Additional Information
| Date Listed | January 19th, 2026 |
|---|---|
| Zoning | AR-10 |
| 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 2 | Average Price $2,862,500 | Average $/SF $15 | Median $/SF $225 | Listing Price $5,500,000 |
