Build your ultimate estate home on this extraordinary 48-acre ranch located within the most exceptional equestrian property in Aspen; CHAPARRAL. Offering both serene privacy and panoramic views, this is Aspen's premier legacy estate. Rarely will you find such usable, expansive acreage so close to Aspen. It is a perfect horse property. Amenities at Chaparral include a state of the art 20 stall horse barn (2 stalls are included and valued at more than $300,000), 17,500 sf indoor riding arena, a 2.5 acre stocked trout pond, substantial community water rights & on-site ranch manager. There is no better option for luxury ranch living so close to downtown Aspen.