Curious what $10M could buy you? In Texas, an estate. In Montana, a sprawling ranch fit with a mansion and several horses. And in Aspen… well.. a bit less. But something amazing nonetheless.
In Aspen’s luxury real estate market, $10 million is a significant investment—but it doesn’t stretch as far as it once did. With most top-tier properties now trading well above that mark, $10M often buys entry into Aspen’s most coveted neighborhoods, but not quite the upper echelon. Still, it can secure a beautifully finished home in a prime location, whether that’s a newer build in the Core, a refined retreat in West End, or a mountainside residence with big views and indoor-outdoor flow. Here’s what $10 million gets you in Aspen today—and why value at this level is about more than just square footage.
777 Castle Creek Drive – Sold for $9.1M in 2025
Sold in 2024 for $9.1 million, 777 Castle Creek Drive was a rare opportunity to own a spacious, move-in-ready home just minutes from downtown Aspen. With 7 bedrooms, 5.5 bathrooms, and over 4,000 square feet of living space, the property offered exceptional scale for the price—a standout in a market where $10 million often buys considerably less.
The home featured vaulted ceilings, expansive gathering areas, and five above-grade bedrooms, making it ideal for everything from extended family stays to entertaining. Outside, a fully fenced yard and private deck created a peaceful outdoor living space, while an oversized garage and ample parking provided the kind of utility that’s increasingly rare in Aspen.
Its location was a key selling point: just minutes to the Core, with easy access to all four ski areas, local schools, and the Aspen Golf Course. Proximity to the free shuttle route and adjacent trail systems made the home especially attractive to buyers seeking convenience without sacrificing privacy.
Offered furnished, the property was turnkey and well-positioned for either primary or secondary use. In a year when much of the Aspen inventory above 4,000 square feet traded closer to $13M and beyond, this sale highlighted the ongoing demand for well-located, functional homes that still deliver strong value under the $10 million mark.
137 Primrose Path – Sold for $9.5M in 2025
In April 2025, 137 Primrose Path closed at $9.5 million, standing out as a unique offering in Aspen’s West End Meadowood neighborhood. Spanning nearly 9,200 square feet of living space on a generous 0.61-acre lot, this 5-bedroom, 7-bathroom residence combined expansive scale with remarkable potential.
Originally built in 1971, the home was fully gutted and offered as a prime redevelopment opportunity, complete with vested Land Use Approval allowing for nearly 9,800 square feet of new construction without requiring additional transfer of development rights. This rare entitlement, combined with no need for demolition permits common in city properties, made it an exceptional buy for those seeking to build a custom luxury estate with views of the Meadowood open space and Tiehack ski area beyond.
Designed interiors by Pierce & Ward and detailed architectural plans by 159 Design accompanied the sale—offering buyers a clear roadmap to transform the property into a modern mountain masterpiece. The location was equally compelling, with easy access to downtown via the Hopkins pedestrian corridor and proximity to the Marolt Open Space, ideal for families and outdoor enthusiasts alike.
At just over $1,000 per square foot, this sale underscored how $10 million in Aspen can secure not only existing luxury living but significant development potential in a coveted neighborhood—an attractive proposition amid the current scarcity of large, build-ready lots near town.
522 Spruce Street – Sold for $8.0M in 2024
Tucked into a quiet residential pocket near the base of Smuggler Mountain, 522 Spruce Street sold in 2024 for $8 million, offering buyers a move-in-ready retreat with easy access to Aspen’s downtown core and extensive trail systems.
Built in 2018, this three-bedroom, three-and-a-half-bathroom home featured Italian-designed cabinetry and tiles, high-end appliances, and vaulted ceilings that filled the upper level with natural light. The open-concept kitchen, dining, and living areas flowed seamlessly out to an elevated outdoor deck with sweeping views and long hours of sunlight—one of the property’s most defining attributes.
Each of the three ensuite bedrooms was situated on a separate level, offering privacy and flexibility for owners and guests alike. The lower level included a dedicated media room or gym, with a built-in dumbwaiter to transport items between floors—an elegant touch that reinforced the home’s thoughtful design.
The property also included ample storage and a private garage—key amenities for full-time and part-time Aspen residents. Located just a short walk from downtown and surrounded by nature, this home struck a rare balance between tranquility and proximity. At $8 million, it represented compelling value in a market where newer construction in Core-adjacent neighborhoods continues to draw intense buyer interest.
215 West Hallam Street – Sold for $12.2M in 2024
In one of Aspen’s most coveted neighborhoods, 215 West Hallam Street sold in 2024 for $12.2 million, illustrating the premium that historic charm and walkability command in today’s market. Located in the West End, just blocks from the Core, this 4-bedroom, 6-bathroom home offered 3,511 square feet of meticulously maintained and updated living space across three levels.
Originally built in 1890, the residence blended its Victorian roots with modern amenities—retaining architectural character while delivering a luxury experience. Offered fully furnished, it featured five full baths and one powder room, two garage spaces, and a functional floor plan tailored for both elegant entertaining and everyday living.
Set on a 0.11-acre lot, the home offered intimacy without sacrificing livability. With no primary suite on the main level, the layout favored separation and privacy—ideal for families or hosting guests. Inside, finishes and fixtures reflected thoughtful updates over the years, while outside, the quiet, tree-lined street and proximity to parks, music venues, and cultural institutions added to the home’s enduring appeal.
At just over $3,700 per square foot, the sale exemplified the high demand for historic single-family homes in the West End—especially those that require no renovation and offer a turnkey Aspen lifestyle within walking distance to downtown.
