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Riverfront Land Near Aspen, Colorado
For Sale
Under Contract
$4,500,000

Lower River Road, Snowmass, CO 81654

RES Vacant Land, Snowmass, CO

Property SizeContact for details
Lot Size16.08 Acres
Days on Market144

Property Features for Lower River Road

General Information

Property type Land
Property subtype Other
Zoning AR-10
Directions From Highway 82, take Gerbaz Way, make a left on Lower River Road, go 2.5 miles.
Subdivision Old Snowmass
Standard status Active Under Contract
APN 246725302001
Lot size 16.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot: 7B and 7C of the Wagman Subdivision
Tax Annual Amount 8924
Legal Description Lot: 7B and 7C of the Wagman Subdivision
Listing Agency: Coldwell Banker Mason Morse-Aspen · Coldwell Banker Real Estate
Listed By: Carrie Wells · License #EI1281745
Added: Apr 22 Changed: Sep 12 Last Checked: Sep 12 at 6:06PM
MLS# 192524

Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property offers a rare opportunity to create a legacy estate in an exceptional riverfront setting. The parcel allows for a 5,750-square-foot residence by right, with the potential to expand up to 9,250 square feet using TDRs. It features direct frontage on the Roaring Fork River and access to a private enclave suitable for relaxation or fly fishing. Bordering BLM land, the 16.08-acre property provides privacy, expansive open space, and immediate access to miles of surrounding wilderness. Valuable water rights are in place. This land offers a blend of riverfront living and public land adjacency, presenting an ideal canvas for a custom retreat that captures the beauty and lifestyle of the Roaring Fork Valley. It is located minutes from Aspen and Basalt, with convenient access to skiing, golf, cycling, and other recreational activities. The zoning is AR-10.

Key Highlights

  • Direct Roaring Fork River frontage with access to a private enclave for relaxation and fly fishing.
  • Potential to build a large custom residence (up to 9,250 sq ft with TDRs).
  • Borders BLM land, providing privacy and immediate access to wilderness.

Property Analytics

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Current Use

Waterfront Land

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 81654, CO

1,249
Population
935
Households
1.3
Avg Household Size
47
Median Age
53%
College-Educated
100%
High-School Grad
103.5 sq mi
ZIP Area
12
Density / Sq Mi
$115,278
Median Household Income
$56,439
Median Earnings
$865,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Exceptional riverfront land with potential for a custom retreat.
Where is this waterfront land located?
The property is located at Lower River Road Snowmass, CO.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Direct Roaring Fork River frontage with access to a private enclave for relaxation and fly fishing.; Potential to build a large custom residence (up to 9,250 sq ft with TDRs).; Borders BLM land, providing privacy and immediate access to wilderness.
More about this property
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