$11,750,000

Presenting an exceptional redevelopment opportunity in Aspen's West End. Situated on a generous corner lot, this non-historic property's land use analysis supports a residence of approximately 7,000 gross square feet under current R-6 zoning, and preliminary architectural concepts have been prepared to envision its transformation. The existing 2,792-square-foot home can be enjoyed as-is, remodeled, expanded using remaining FAR, or redeveloped to create a custom Aspen residence. Zoning and FAR analysis available. Enjoy spectacular views toward Shadow Mountain and Aspen Mountain, with a desirable location within walking distance of the Aspen Music Tent, Aspen Institute, and Aspen Physics Institute. Downtown Aspen, world-class skiing, and transportation to all four Aspen Snowmass mountains are also nearby. The existing home features a main-level primary suite, two additional en-suite bedrooms, and a living room with a wood-burning fireplace. The home was updated in 2024 for the rental program. The lower level offers a den, and secondary living area. Three bedrooms on the main level, plus two finished rooms on the lower level. Lower-level windows do not meet current bedroom egress standards. A spacious rear deck and mature evergreen and aspen trees create a peaceful outdoor setting. 501 West Bleeker is a rare opportunity to bring your vision to life in one of Aspen's most sought-after neighborhoods.