Bridget Marx

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Listing provided courtesy of Aspen Snowmass Sotheby's International Realty - Hyman Mall- MLS# 192020MLS ProviderSource MLS VerifiedContact Information: (970) 925-6060

531 Gillespie StreetAspen, CO 81611

Single Family · 4 Beds · 3 Full Baths · 1 Half Bath · 3,596 Sq. ft. | 0.20 Acres
$11,950,000 Active

531 Gillespie Street Overview

Time on Site:
105 days
Visits:
1

Discover a rare opportunity to craft your dream home in the highly sought-after West End of Aspen. This property is perfectly situated on a desirable corner lot, directly across from cultural landmarks such as the Aspen Music Tent, Aspen Institute, and Herbert Bayer Museum. Enjoy the stunning natural beauty with access to the Rio Grande Trail for outdoor adventures, along with the amenities of the nearby Aspen Meadows Resort, which features tennis and pickleball facilities. The existing well-maintained residence has been in the same family for over 50 years, offering a unique blend of charm and potential. With an approved demolition permit on file, this property provides the flexibility to either live in, renovate, or build anew--a rare find in one of Aspen's most prestigious neighborhoods. Seize the chance to create a personalized sanctuary in an unbeatable location that combines luxury living with outdoor lifestyle.

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531 Gillespie Street Facts & Features

  • Type Single Family
  • Sq. ft. 3,596
  • Price/Sq.ft. $3,323
  • Lot 0.20 Acres

Details

General

Building Information

  • Year Built: 1968

Location/Region

  • County Or Parish: Pitkin
  • MLS Area Major: Aspen
  • MLS Area Minor: 01-West End
  • Subdivision Name: Hallam Addition

Tax Information

  • Tax Annual Amount: 15460.12
  • Tax Year: 2025

General Information

  • Furnished: Partially
  • Listing Terms: New Loan,Cash
  • Parcel Number: 273512111003
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: R-6

Interior

Parking Information

  • Garage: true

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 3596.0

General Information

  • Basement: Finished
  • Building Features: Yes
  • Fireplace Features: Wood Burning
  • Fireplace: true
  • Fireplaces Total: 2
  • Laundry Features: In Basement,Inside
  • Leasable Area Units: Yes
  • Living Area: 3596.0
  • Rooms Total: 0

Exterior

Lot Information

  • Lot Features: Corner Lot,Landscaped
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Square Feet: 9017.0
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Brick Veneer,Brick
  • Direction Faces: South

General Information

  • Fencing: Fence
  • Utilities: Natural Gas Connected

531 Gillespie Street Neighborhood

Community

81611 (Aspen) Demographics

39
Median Age
25
Population Density (per sq. mile)
70%
College Educated
$83,646
Estimated Median Income
2,608
Estimated Total Home Owners
1,770
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

531 Gillespie Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

531 Gillespie Street Market Data

Based on the last 30 days in this zip code

$6,626,727
Average List Price
$2,646
Average Price per Square Foot
31
Properties Sold
165
Average Days on Market
297
Properties for Sale
Calculations provided by Reliance Network

531 Gillespie Street History

Date Event Value Agent
6/1/2026Source: Aspen Glenwood MLS Price Reduction
$11,950,000 -7.7%
3/16/2026Source: Aspen Glenwood MLS Added to Database
March 16, 2026