A $75 Million, Nearly 15,000-Square-Foot Aspen Estate The Market May Never See Again

Photo Credit: Dallas & Harris Photography for Aspen Snowmass Sotheby’s International Realty 

A newly completed estate at 401 Carroll Drive is setting a new benchmark for scale in Aspen. Priced at $75 million, the residence spans nearly 15,000 square feet, making it the largest new construction within the town’s only gated community. At a time when land-use regulations are tightening and buildable opportunities are shrinking, the property represents a rare achievement in Aspen’s evolving luxury market.

Photo Credit: Dallas & Harris Photography for Aspen Snowmass Sotheby’s International Realty 

The home arrives after more than five years of planning, permitting, and construction. In a market shaped by evolving land-use regulations and limited inventory, opportunities to build at this size are narrowing, positioning the property as a significant addition to Aspen’s luxury landscape.

Photo Credit: Dallas & Harris Photography for Aspen Snowmass Sotheby’s International Realty 

Expansive glass walls open to sweeping Elk Mountain views, while a fluid indoor–outdoor layout supports year-round mountain living. Generous entertaining spaces are paired with private retreats, creating balance between scale and livability. The gated setting adds a level of discretion that remains one of Aspen’s most sought-after attributes.

Photo Credit: Dallas & Harris Photography for Aspen Snowmass Sotheby’s International Realty 
Photo Credit: Dallas & Harris Photography for Aspen Snowmass Sotheby’s International Realty 

Designed by Ken Adler of KA DesignWorks with interiors by Chris Powell of Studio 133, the residence reflects a contemporary alpine aesthetic grounded in craftsmanship and proportion. Every element was considered to maximize light, privacy, and connection to the surrounding landscape.

Photo Credit: Dallas & Harris Photography for Aspen Snowmass Sotheby’s International Realty 
Photo Credit: Dallas & Harris Photography for Aspen Snowmass Sotheby’s International Realty 

Aspen continues to draw global buyers for its combination of outdoor access, cultural depth, and tightly held real estate. With its size, setting, and architectural pedigree, 401 Carroll Drive represents a rare offering in a market where comparable builds may no longer be possible.

For more information, reach out to HL Real Estate Group: contact our offices at Seth@hlrealestategroup.com and 800-257-5661.

Photo Credit: Dallas & Harris Photography for Aspen Snowmass Sotheby’s International Realty 

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