ASPEN, CO USA – Wells with Coldwell Banker Mason Morse Real Estate has closed 709 N Spruce Street for $10,800,000, achieving $2,003.34 per square foot. The property spans 2.04 acres and offers panoramic views from Aspen Mountain to Mount Sopris, similar to the experience of neighboring Red Mountain.
Currently improved with a 5,391-square-foot single-family home built in 1971, the site presents significant redevelopment potential. Zoned AR-10, the parcel allows a base development right of 5,750 square feet of gross floor area, with the ability to increase to 9,250 square feet through the use of transferable development rights (TDRs). The property includes a 432-square-foot garage and is subject to Pitkin County’s Activity Envelope and Site Plan Review process for any future development.
“This closing underscores the value of Aspen’s premier view corridors and the opportunities they present for redevelopment,” said Wells. “Spruce Street offers privacy, acreage, and unobstructed vistas—all within minutes of downtown.”
Details of 709 N Spruce Street can be found here: https://carriewells.com/properties/3043506541892234021-709-n-spruce-street
View all of Carrie Wells’ current listings here.
About Carrie Wells
In 2024, Carrie Wells ranked as the #2 highest-producing individual agent out of approximately 100,000 sales professionals with Coldwell Banker and ranked #2 for sales volume in Aspen, CO. She has ranked within the top 1% of real estate sales nationally for the past ten years and has consistently been in the top 1% of Coldwell Banker sales internationally (President’s Elite). Wells often speaks at Real Estate lectures and conferences and holds both G.R.I. (Graduate Realtor® Institute) and CRS designations. She realizes her accomplishments come from the community she serves, giving back to organizations such as serving on the Board of Trustees of the Aspen Music Festival & School, the University of Southern California Athletic Board of Counselors and the University of Southern California Marshall School of Business Board of Leaders.
# # #
Media Contact:
Andrea Gillespie, PR Director, Coldwell Banker Realty
440-821-0801
Andrea.gillespie@cbexchange.com