5387 Castle Creek Rd

Aspen, CO 81612

$65,000,000
Price
10
Beds
8,242 Sq. Ft.
$7,886 / Sq. Ft.
8,242
Sq. Ft.
$7,886
per Sq. Ft.
Get preapproved with Rocket Mortgage1
a view of swimming pool with a yard
a view of swimming pool
a living room with furniture and large windows
a bedroom with furniture and large windows
a living room with couch and a large window
a living room with furniture and a large window
a view of a dining room with furniture window and outside view
a view of a hallway with wooden floor and staircase
a large white bed sitting in a room next to a window
a view of an entryway with a door
a white bath tub sitting in a bathroom next to a window
a view of entryway
a view of a room with gym equipment
a living room with furniture a rug and a window
a living room with furniture and a large window
a living room with furniture and a fireplace
a living room with a couch
a view of a garden
a view of back yard of the house
a view of a garden
a view of a garden
a view of a backyard of the house
a living room with furniture

Description

HIGHLAND RANCH
The Birthplace of Aspen Skiing
There are estates in Aspen. There are ranches in Aspen. And then there are properties that helped create Aspen itself. Set along the banks of Castle Creek just minutes from downtown Aspen, Highland Ranch is one of the most historically significant private holdings in the Roaring Fork Valley. Home to the original Highland Bavarian Lodge, the first ski lodge in Aspen and among the earliest destination ski resorts in the American West, the property occupies...HIGHLAND RANCH

The Birthplace of Aspen Skiing

There are estates in Aspen. There are ranches in Aspen. And then there are properties that helped create Aspen itself. Set along the banks of Castle Creek just minutes from downtown Aspen, Highland Ranch is one of the most historically significant private holdings in the Roaring Fork Valley. Home to the original Highland Bavarian Lodge, the first ski lodge in Aspen and among the earliest destination ski resorts in the American West, the property occupies a singular place in Colorado history. Long before Aspen became an international destination, skiers gathered here beneath Star Peak and the Five Fingers, establishing a legacy that would forever shape the future of the valley. Today, that legacy spans 58 pristine acres of riverfront, meadows, irrigated pasture, and private trails. More than a historic site, Highland Ranch is a fully realized luxury compound, meticulously restored for modern living. The estate currently offers 10 bedrooms, 8.5 bathrooms and a dedicated office and gym distributed across a remarkable collection of artfully renovated structures, creating a true multi-generational compound capable of hosting family, friends, and staff with exceptional privacy and comfort. At its heart is the historic Highland Bavarian Lodge and Bunk House, thoughtfully restored and transformed into an approximately 6,500-square-foot residence by internationally acclaimed design firm YODEZEEN. Overlooking a large private pond and the dramatic slopes of Star Peak, the home honors its remarkable heritage while delivering the level of craftsmanship, comfort, and sophistication expected of Aspen's most discerning buyers. Amenities include 7 bedrooms, a prep kitchen, dedicated fitness center, sauna, and beautifully curated living spaces designed for both everyday enjoyment and large-scale entertaining. Complementing the main residence are two guest residences, estate manager's residence, and dedicated art and office studio, creating extraordinary flexibility for entertaining, creative pursuits, remote work, and extended family stays. For equestrian enthusiasts, Highland Ranch is among the rare Aspen properties capable of supporting a meaningful horse operation. The ranch includes a six-stall barn with tack room and workshop, irrigated pastures, and several miles of private riding, hiking, and biking trails throughout the property. A substantial metal building provides exceptional flexibility and could serve as an indoor riding arena, sports court facility, wellness pavilion, collector car gallery, event space, or future recreational complex. What truly distinguishes Highland Ranch, however, is its combination of existing luxury and future possibility. The estate possesses entitlements for approximately 18,000 square feet of total development, including the ability to construct an additional residence of approximately 9,300 square feet while preserving the historic lodge compound as guest accommodations, family residences, an entertainment venue, or a private retreat. Opportunities of this scale, with this combination of acreage, water, privacy, history, and proximity to Aspen, are exceptionally rare and impossible to be replicated under today's regulations. Water, increasingly one of the West's most valuable assets, is abundant here. Significant water rights support productive meadows and agricultural uses, while extensive Castle Creek frontage, ponds, and riparian habitat create a landscape of remarkable beauty and ecological richness. Whether envisioned as a world-class equestrian ranch, a private family compound, a conservation-minded retreat, or one of Aspen's great legacy estates, Highland Ranch offers a combination of history, scale, water, privacy, and future development potential that is unlikely to ever be recreated. Few properties tell the story of Aspen. Fewer still helped create it.

Property Details for 5387 Castle Creek Road

Garage
Yes
Style
Contemporary, Cabin
Sub/Loc
Castle Creek
LISTING UPDATED: 06/17/2026 01:37 PM

Property Details for 5387 Castle Creek Road

StatusActive
MLS #193357
Days on Market18
Taxes$42,825 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built2023
Lot Size58.12 AC / 2,531,707 SF
CountyPitkin County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Douglas Elliman Real Estate-Durant, Riley Warwick
Add your commute

Building Information for 5387 Castle Creek Road

Stories-Year Built2023Building Size-Lot Size58.12 AC / 2,531,707 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$327,471 per month

30 year fixed, 6.36% Interest

Principal and Interest

$323,902

Property Taxes

$3,569

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5387 Castle Creek Road

General Information
Location Details
  • Directions: 5 miles up Castle Creek Rd. Driveway on your right.
Key Details
  • Acreage: Refer to Lot Size
  • Room Total: 0
General Details
  • Under Construction: No
  • Parcel #: 291102101002
  • Lv Ht SqFt: 8,242.00
  • Zoning: Residential
  • Total SqFt: 8,242.00
  • Lot Size Area: 58.12
  • Unfinished SqFt: .00
  • General Info: Garage SqFt: 635.00
Feature Details
Feature Details
  • Water Source: Well - Household
  • Roof: Metal, Composition, Shake
  • Roof: Metal2: Yes
  • Roof: Composition Shingles: Yes
  • Roof: Shake: Yes
  • Cooling: Central Air
  • Heating: Radiant, Forced Air, Baseboard
  • Laundry Features: Inside
  • HOA Dues: $0
  • Condition: Excellent
  • Cooling: Yes
  • Garage Spaces: 2.00
  • Heating: Yes
  • Construction: Frame: Yes
  • Exterior: Log Siding: Yes
  • Exterior: Metal: Yes
  • Exterior: Wood Siding: Yes
  • Condition: Excellent: Yes
  • Gas: Propane: Yes
  • Sanitation: Septic: Yes
  • Substructure: Finished Basement: Yes
Listing / Finance Information
Listing Information
  • Pre-Fabricated Home: No
  • Listing Info: REO: No
Financial Information
  • Tax Year: 2025
  • Metro Tax District: No
  • Keywords Info: Total HOA Fee Per Year: $.00
  • Financing Info: Metro Tax District: No
  • Financing Info: Transfer Tax: No
  • Financing Info: HOA Transfer Fee: No

Property History for 5387 Castle Creek Road

DateEvent & SourcePriceAppreciation
Jun 15, 2026

Listed (Active)

Aspen Glenwood MLS #193357

$65,000,000—
Aug 9, 2020

Cancelled

Aspen Glenwood MLS #164881

$11,875,000—
Aug 9, 2020

Sold

Aspen Glenwood MLS #145229

$15,000,000—
DateEvent & SourcePrice
06/15/2026

Listed (Active)

Aspen Glenwood MLS #193357

$65,000,000
08/09/2020

Cancelled

Aspen Glenwood MLS #164881

$11,875,000
08/09/2020

Sold

Aspen Glenwood MLS #145229

$15,000,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5387 Castle Creek Road

Taxable ValueLand$312,750Additions$64,250Total$377,000
Tax Record2022$11,254 ($938 / month)
Home Facts
Beds2Total Finished SqFt2,144 SqFtAbove Grade Finished SqFt2,144 SqFtUnfinished Basement SqFt343 SqFtStories1Lot Size3,615,480 SqFtStyleSingle Family ResidenceYear Built1938Year Renovated2015CountyPITKINAPN291102100011Fireplace TypeHas Fireplace

Schools near 5387 Castle Creek Road

This home is within Aspen School District No. 1 in the County of Pitkin and Sta.
Rating
School
Type
Grades
Distance
Aspen Elementary School
Public - PK to 4
Aspen Middle School
Public - 5 to 8
Aspen High School
Public - 9 to 12
Aspen Community Charter School
Charter - PK to 8
Rating
School
Distance
Aspen Elementary School
PublicPK to 4

Aspen Middle School
Public5 to 8

Aspen High School
Public9 to 12

Aspen Community Charter School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

More information about 5387 Castle Creek Road, Aspen, CO 81612

5387 Castle Creek Road is a single family home for sale in Aspen, CO 81612. This property was listed for sale on June 16, 2026 by Douglas Elliman Real Estate-Durant, it's currently listed at $65,000,000. It has been on the market for a total of 18 days and was last sold on August 10, 2020. This listing's school district is Aspen School District No. 1 in the County of Pitkin and Sta. Nearby schools include Aspen Elementary School, Aspen Middle School and Aspen High School. 5387 Castle Creek Road is a 10-bed, 9-bath, 8,242 sqft single family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate-Durant, Riley Warwick

All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 06/15/2026 06:00 PM through 07/04/2026 09:30 PM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 06/17/2026 01:37 PM