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3 Beds
2 Baths
1,221 sqft

$9,990,000

285 Conundrum Road, Aspen CO, 81611

Price per sqft$8,181.82
Built in1970
Property size1,221 sqft
Property typeResidential

Overview

Active

Listed May 27, 2026

Updated 7 days ago

An Exceptional Opportunity in the Heart of Castle Creek Valley. Discover a rare offering just minutes from Aspen, where convenience meets the tranquility of country living. Ideally positioned at the confluence of Castle Creek Valley and Conundrum Creek Valley--one of the widest and sunniest stretches along Castle Creek Road--this remarkable 3-acre property offers an unparalleled building opportunity in a truly breathtaking setting. With expansive, flat terrain and all-day sun from early morning through evening, this premier homesite invites you to design and build your dream residence exactly as you envision. If has been left to the Buyer to designate an activity envelope, which will provide flexibility for placement, allowing you to fully capture the surrounding natural beauty and panoramic views. Despite its rural feel, the property is located just 8 minutes from the core of Aspen, with the Aspen school bus conveniently stopping at the top of Conundrum Creek. Aspen Country Day is only 2 miles down the road. The land is well-suited for families, equestrian use, and those seeking space for dogs and outdoor living. Rich in history and natural significance, Conundrum Creek Valley is known as the spiritual valley of the Ute Indians, where journeys to the hot springs once marked a rite of passage. Owning this property will be your rite of passage. The property includes a charming, 3-bedroom cozy cottage that may be used as a residence or rental during the construction of a new home. There is also potential--subject to Pitkin County approval--to retain the cottage as a Caretaker Dwelling Unit (CDU). Views extend up Conundrum Valley toward the backside of Aspen Highlands, and down the valley toward the striking red cliffs. Included is a well right, spring right and a pond right. Multiple building site options are available, with current allowances for approximately 5,750 square feet above grade. Additional square footage may be pursued through Growth Management or TDR processes. A future owner will complete site plan approval based on their preferred home placement. The property is well-equipped with valuable water resources, including an adjudicated spring, pond, and well. Existing infrastructure includes underground electric, propane, and septic systems. High-speed connectivity options are available via broadband, Dish, or Starlink. Enjoy the soothing sounds of Castle Creek just across the road and take in peaceful walks along Conundrum Creek Road beneath towering 100-foot Blue Spruce and Aspen trees or hike up to the Conundrum Hot Springs.

$66,464/mo

Est. mortgage payment based on a $9,990,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
192999

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
3 Acres

Other Property Details

Taxes
$10,401
Tax Frequency
Annually
MLS provider logo

Listed by Heidi Houston with Compass Aspen, Listing Contact: 970-925-6063 

The IDX display contains information sourced from the Aspen Glenwood MLS as of 9/30/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Aspen Glenwood MLS all rights reserved.

Data last updated on 9/30/2026 at 7:33 AM UTC

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