This exquisite 1/3 acre lot sits perched above Midland Avenue at the edge of Aspen's highly sought-after East End and is true walking distance to Aspen's Downtown. The location and elevation of the lot provide unmatched privacy backing up to Snyder Park with southern & western exposure and immaculate views in all directions. A timeless new estate home has been designed for this property by renowned architects Andersson/Wise in collaboration with Red Room Architects and Giant Properties. Epitomizing the concept of the modern chalet with sophistication and European flair, the home includes 5 bedrooms and 6.5 baths spread across +/-6,500 sf of living space with additional features including a wine room, butler's pantry, bar & piano room, office, gym with sauna, mud room, multiple outdoor patios and decks, garden areas, and an oversized 2-car garage with workshop. The Main House includes double master bedrooms on the main level, with 2 guest suites below, and the potential to convert part of the gym to a sixth bedroom if preferred. The separate guest suite in the back has a private entry with 1 bedroom/ 1 bath, which could double as a detached office. The entire property has been carefully considered/planned with European sophistication and classical appointments and finishes, including horizontal plank wood paneling throughout, and warmth and elegance to behold. The demo permit for the existing structure is approved, and the construction permit has been submitted and will remain on hold pending completion and personalizing of the final design by the Buyer. A TDR has also been landed on this property, which allows an increase in the FAR should the Buyer wish.