This elevated 8 acre lot is nestled against the hills of McLain Flats providing quiet, end of the road privacy with incredible views. The site boasts mature trees, extensive landscaping, a dramatic water feature with a pond, tennis court, and a 2,300 square foot custom flagstone patio. The home features 5 bedrooms, 5.5 bathrooms, 5,385 square feet, gas & wood-burning fireplaces, tile & hardwood floors, granite & marble countertops, extensive second floor decks, towering French windows, and a two-car garage. Approved for a 10,750 square foot build-out or remodel with two TDR's, one TDR is included in price. 20 shares of water rights in the Salvation Ditch. Ten minutes from downtown Aspen.