This is a rare opportunity to own property on the exclusive Ridge of Red Mountain in this price range. This 4-bedroom, 3-bath property is priced at land value. The house is very livable or rentable while you design your dream home. Located at the end of a quiet cul-de-sac, this property is ready for a remodel or for a new building project. The lot is 24,718 sq. ft. with 270-degree views. Enjoy spectacular views & mountain sunsets to the west, Red Mountain & Hunter Creek views to the north, & Aspen Mt, Aspen Highlands & Buttermilk Mt. panoramas to the south. You can currently build 5,750 sq. ft., 3,160 above grade, 1,840 below grade & a 750 sq. ft. garage. Maximize the home to 7,963 sq. ft. by purchasing a county TDR. This is a great value in the most exclusive neighborhood in Aspen.7,963 SF, which would include a 3-car garage, a lower level of 4000 SF & 2 additional above grade stories for double height living & a master with a commanding view, an excellent opportunity for a great home. 7,963 SF, which would include a 3-car garage, a lower level of 4000 SF & 2 additional above grade stories for double height living & a master with a commanding view, an excellent opportunity for a great home.