April 21, 2017
By Keith Gray | September 1, 2016 | Home & Real Estate
The law of supply and demand is a beautiful thing. Look, Aspen is probably one of the United States' top 10 vacation towns. (We're not biased at all.) It's tucked into a narrow mountain valley.
It has some of the most restrictive development laws in Colorado. It's going to be expensive. But that doesn't mean you're out of luck if you're looking to buy a second home or swap out your current digs for a bigger place across town. Here's where you need to buy your next Aspen house or condo.
"Village" is the operative word here. "Bedroom community" is another way to put it. Still, Snowmass Village is right at the foot of Snowmass Ski Area, and its core isn't completely devoid of commercial activity. This is your ticket to a great view that you won't feel obligated to enjoy year-round.
Though never really neglected, downtown Aspen hasn't always been front and center. We get it. Picturesque as the core might be, it's not really fair to put a two-bed walk-up condo against a slope-side ski-out with a (five) million-dollar view.
But the walkability craze has finally visited our little mountain town, and it's boosting demand for core properties like never before. (Well, at least since the silver rush days. Good times.) If you squint, you'll find tidy, one-bed/one-bath condos (and a sprinkling of two-bed/two-baths) for under $1 million within walking distance of Wagner Park - and pretty much everything else in Aspen's compact core.
Upscale, established West Aspen is quaint, reserved, and close to everything. Depending on your exact location, you probably won't need a car to get downtown - the core is a quick (free) bus ride or longer walk from here. Family-friendly amenities (and attitudes) abound, even among the second-home set.
Not quite the West Egg to West Aspen's East Egg (say that five times fast), East Aspen nevertheless feels more accessible and democratic than its cross-town counterpart. Lots are a bit larger here too, so it's ideal for families that think they want to live on a ranch.
Tucked into a canyon mouth at the confluence of Woody Creek and the Roaring Fork River, Woody Creek isn't exactly lively. In fact, aside from the famous (and notorious) Woody Creek Tavern, there's not much life here at all. But that's the point. No other community this close to Aspen is quite as reserved. If you're looking to stay out of the spotlight for sure, this is your place to shine. Just ask U.S. House of Representatives Democratic Leader Nancy Pelosi, who winters here.
April 21, 2017