Investing in Aspen: Unlocking the Ideal Property Types for Success
Aspen is a world-renowned ski town in Colorado, just west of Denver, popular for its friendly and charming small-town atmosphere. The town showcases some of the best amenities big cities offer, and top-tier adventure in the Rocky Mountains. As such, it is unsurprising why Aspen real estate is highly sought-after. If you want to invest in Aspen real estate, you are not alone! With so much demand, selecting an investment property can be a thrilling experience. Read on as this guide sheds light on the best properties to invest in the Aspen area.
Ski-in/Ski-Out
Ski-in/ski-out condominiums are among the most popular Aspen luxury homes. These residences are situated on the slopes of Aspen Snowmass and offer direct access to resort lifts.
Homes with ski-in/ski-out access provide the ultimate comfort and luxury. You can easily access the slopes after watching the snowfall or sipping a coffee. As soon as you get off the lift, you can access the day’s best runs and perfect snow beneath your feet.
As investment properties, ski-in/ski-out condos are also a great opportunity. Numerous vacationers rent ski-in/ski-out properties from an Aspen realtor to make the most of their time in the mountains and enjoy the convenience and comfort of resort living.
Mountain Chalet
The isolation and serenity of mountain chalets and cabins often outweigh the convenience of ski-in/ski-out residences. These compact cottages are frequently built away from the resort and provide the conveniences of a full home, such as seclusion and privacy.
However, simply because these cabin retreats are situated in the forest does not imply they are not luxurious. Some of the most opulent mountain chalets are true mansions, with enough space for the whole family to enjoy.
In addition, mountain chalets have exquisite, traditional mountain architecture with exposed beams, raw stones, A-frame construction, and floor-to-ceiling windows that provide breathtaking views of the mountains. Most properties also feature luxurious amenities like wine cellars, heated pools, and more. These homes can be a fantastic investment, whether you decide to rent out or resell later.
Downtown Condominium
A downtown condominium is ideal for those who wish to be far from the action. Aspen’s downtown is quite charming.
With its creative eateries, eclectic stores, and lively bars that feature live music late into the evening, walking down the main street is like meandering through a vintage snow globe. There is a fantastic range of restaurants serving some of the finest local produce.
Living downtown also provides quick access to the Aspen Mountain lifts for year-round skiing and riding.
Undeveloped Land
Although difficult to find, undeveloped land in Aspen can be a terrific investment. Undeveloped land gives you the freedom to design the property of your dreams.
There are numerous highly competent and experienced architects and home developers in the area who can assist you in creating your mountain hideaway. You can design it to suit your unique preferences or collaborate with a developer to build the perfect vacation or rental property for extra income.
Consult Aspen Real Estate Agent Carrie Wells
If you are considering investing in Aspen real estate, you want to partner with a reputable agent. Carrie Wells is one of the top real estate agents in the region. Carrie is an award-winning Aspen agent with vast experience in the local housing market. If you are ready to start investing in real estate, Carrie will walk you through the process to make it easy, exciting, and fun. Set up a consultation to get started today!