Aspen’s Best Buys: Three Standout Opportunities

Aspen’s Best Buys: Three Standout Opportunities

Aspen’s real estate market continues to move quickly, but every so often, a handful of properties rise to the top—homes that offer rare value, prime locations, and long-term potential. This month’s Aspen Best Buys highlight three very different opportunities: a riverfront gem in the West End, a legacy-level estate with endless upside, and a downtown condo under $4M that checks every box for both end-users and investors.

Whether you’re looking for land, redevelopment potential, a move-in-ready retreat, or smart rental upside, these properties represent some of the strongest offerings currently on the market.

645 Sneaky Lane — Aspen West End

4 BD | 4 BA | 3,427 SF | $12,495,000

Riverfront single-family homes in Aspen are as rare as powder days in July, which is exactly why 645 Sneaky Lane stands out as one of this week’s strongest buys. Positioned on a private, wooded, flat lot with 100 feet of Castle Creek frontage, this home blends privacy, proximity, and potential—all within Aspen city limits and just minutes from downtown.

The existing four-bedroom layout features high wood-beamed ceilings, incredible natural light, and an open, livable floor plan. Recent updates include a new roof, modern flooring, renovated bathrooms, and upgraded appliances, making the property comfortable today while still leaving room for a buyer’s vision. With a demolition permit application in process, this site becomes a rare opportunity to redevelop into a custom modern riverfront retreat. “Sneaky Lane” lives up to its name—a quiet pocket with a serene setting and long-term value in one of Aspen’s most desirable neighborhoods.

716–718 West Hallam Street — The West End

5 BD | 6 BA | 4,737 SF | $12,995,000

Buying legacy property in Aspen’s historic West End is becoming increasingly difficult, which is why 716–718 West Hallam Street is a standout. This estate offers both a main residence and a guest house, giving buyers nearly 4,800 total square feet across two structures—an incredible setup for multigenerational living, hosting, or rental flexibility.

The main home features an open living area with vaulted ceilings, abundant natural light, and a bright, welcoming atmosphere. The primary suite offers its own private porch and sitting area, while the upper-level bedrooms each showcase charming vaulted ceilings. The guest house, with 1,708 square feet and its own open living area, can operate as guest quarters, a rental unit, or be transformed into anything from a media room to a bunk-style retreat for larger groups.

With opportunities for remodeling, re-imagining, or expanding, buyers have multiple paths to add value while preserving the character of this iconic West End location. Properties with this much potential, space, and flexibility rarely appear at this price point.

124 West Hyman Avenue, Unit 3B — Aspen West End

3 BD | 3 BA | 1,230 SF | $3,650,000

Finding a downtown Aspen condo under $4M is already a win, let alone finding a 3-bedroom, of which there are so few in existence — and finding one that is move-in ready, well-designed, and located in the highly sought-after Cottonwoods complex makes 124 West Hyman, Unit 3B a true best buy.

This light-filled, top-floor condo offers a smart and functional layout with three bedrooms, three bathrooms, a large skylight, and mountain views of both Aspen Mountain and Red Mountain. The unit includes everything you want in a full-time residence or vacation home: in-unit laundry, off-street parking, a ski locker, and low HOA dues. Its location—just blocks from Koch Park, Ajax trails, and Aspen’s best restaurants and shops—makes day-to-day living effortless.

Cottonwoods is known for its privacy and quiet atmosphere while still sitting in the heart of Aspen. With short-term rentals permitted (and subject to proper permits), this unit also offers clear investment upside. Fully furnished and move-in ready, this condo is one of the strongest values in Aspen for those seeking a low-maintenance lock-and-leave or a year-round home base.

From a rare riverfront property to a legacy West End estate to one of the best condo values under $4M, these three listings highlight some of the most compelling opportunities on the Aspen market right now. If you’d like to schedule a tour or explore more of this week’s best buys, feel free to reach out—I’m always here to help you find the right fit.

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