Downtown Aspen Real Estate

Downtown Aspen Real Estate

The Downtown area also referred to as the “Core” is for the buyer who seeks an urban lifestyle but with access to some of the best outdoor activities in the country in the magnificent Elk Mountains that surround Aspen.

Residential homes vary from just under $1 million to upwards of $60 million so there is undoubtedly something to fit your budget. The principle driving factor of home prices in Aspen is the small market inventory where only 13 percent of land is able to be developed because of zoning laws and the mountainous landscape creates a geographical limitation that makes property here so coveted.

The types of residents that are located in the core are single family homes, apartments, condominiums, pent houses, and fractional ownership known as “time-shares.” There are many penthouses that allow you to leave your home and be literally steps from some of the worlds best restaurants. Many of the homes are just a block off of the walking malls giving homeowners the best of both worlds, a modicum of privacy and possible a small yard or patio, while only having to walk a block or two and be right in the heart of one of the most magnificent ski towns in the world.

This urban lifestyle offers close proximity to shopping at internationally know brand stores such as Prada and Gucci and small Aspen boutiques owned by funky locals. The restaurants one can walk to from their home in “The Core” include everything from Italian to Sushi, there is truly something different for every night of the week. Looking for something to help make that new condo unique, Aspen is home to many art galleries offering something for every art lovers taste. Speaking of art the new Aspen Art Museum building is also almost complete downtown offering even more amenities to the wide array available.

One of the greatest luxuries of living in the core is walking to the mountain in your ski boots, no need to even get in a car to enjoy world class skiing. Some homes even offer the ultimate ski lifestyle experience, ski in/ski out access to the mountain from your home. This means you literally walk out your back door, put on your skis and ski right up to the Silver Queen Gondola. Invite your friends back from the Sundeck and everyone can just ski right up and continue on with the festivities.

Some second homeowners who choose to own in downtown see the opportunity of capitalizing on the luxury rental market. Let us at Bowden Properties assist you in purchasing that dream piece of real estate, then help you generate revenue from it when you are not here with our Aspen home rental division. We will manage all the details with potential renters and make sure your home is ready when you are ready to relax and enjoy your investment. – Downtown Aspen Real Estate