Coveted Aspen Property Known as “The Mother Lode” Closes for $36.5 Million

Coldwell Banker Mason Morse Real EstateASPEN, CO – Carrie Wells with Coldwell Banker Mason Morse Real Estate recently closed 314 E. Hyman Ave. in Aspen for $36.5 million. Dubbed “The Mother Lode” after the longtime restaurant of the same name that used to occupy the space, the property features unparalleled luxuries in the heart of downtown Aspen. Boasting 8,771 square feet across three distinct living spaces - the penthouse, the suites and the club level – The Mother Lode embraces the distinct natural beauty of its surroundings and offers a lifestyle that is truly unique to Aspen. Wells represented the seller and buyer in the transaction.

As one of the most enviable properties in the area, the building is expertly located with a singular protected view of Aspen Mountain’s slopes. The 2,585 square feet of outdoor private decks, equipped with full kitchen and bar and fireplace, gives an abundance of relaxing and entertaining options to enjoy. The penthouse has a private rooftop overlooking downtown with more of the unobstructed views of Aspen Mountain.“The Mother Lode” closes at $36.5 MillionThe property is meticulously constructed with luxury and high-end finishes of natural wood and stone. The club on the lowest level has an arcade, living space with bar, billiards, movie theater, golf simulator, full gym and private spa quarters. This space is zoned for commercial use and has been used for corporate entertaining.

“This property is one of the most unique in all of Aspen. The building’s generous square footage in downtown Aspen along with a protected view of this caliber is an extremely rare find. The sellers have lovingly cared for and upgraded the property over the years, and I’m thrilled for my buyers who now have many “only in Aspen” moments to look forward to in their future,” says Carrie Wells.

“The Mother Lode” sells for $36.5 MillionListing photos of The Mother Lode can be found here: 

View all Carrie Wells current listings here.