Towering red bluffs overlooking a 10-acre pasture with access to the Roaring Fork River. Located just thirteen miles from downtown Aspen, this private and protected flat parcel has the right - no TDR necessary - to develop an 8,500 sq ft home. This property boasts 1906 Senior water rights and a well. It adjoins a 16-acre Common Area Activity Envelope with agriculture pasture, allowing for the development of a 4,060 sq ft barn and a riding arena (please ask about HOA joint equestrian development). Bordering thousands of acres of non-developable BLM land and river access, this is an equestrian and fly fishing enthusiast's dream. It is one of Aspen's last remaining developable rural settings and is being offered for $3.5M.