112 Falcon Road in Fivetrees Neighborhood Sells for $11.935M/$1,519 SF Furn

Aspen Real Estate Market  Last Week’s Sales: Feb 7 – 14, 21 – Week 7

Closed (10) + Under Contract / Pending (22).  [To view the new blog post, you may have to “Clear your Browser Settings”.  Go to: Chrome browser/more tools/clear browsing data.] 

The Jan 2020 Market Snapshot was posted Jan 7th in Current Reports – a 10-Pg  report on monthly and YTD sales with overall sales numbers and sales broken down by property type and neighborhood.  It is posted on or near the 1st Monday of the month. 

Bottom Line: Jan 2021 continues a market dominated by prodigious demand and limited supply. 2020 was off the charts. The Estin Report Aspen Snowmass 2021 ws was released Jan 8, 21 in Current Reports. It can be read online or downloaded as PDF.  A 32-Pg print edition is available outside Sotheby’s 415 E Hyman on the Hyman Mall, Sotheby’s 300 S Spring St (my office across from the Aspen Art Museum), at the Aspen Chamber Information Kiosk across from Paradise Bakery and the Pitkin County (ASE) airport.  If you have difficulty downloading the report PDF, please contact me directly and I’d be pleased to send it.

Blog Post: Feb 7 – 14, 2021 Aspen CO real estate market activity, Week 7

Closed (10): MLS#s: 157119, 162435, 164749, 165088, 165317, 166781, 166940, 167264, 168218, 168276.  This link is valid until 3/16/2021.

Under Contract/Pending (22): MLS#s:168331, 156327, 161947, 164902, 165932, 166114, 166366, 166890, 167314, 167467, 167470, 167804, 167985, 168033, 168107, 168224, 168326, 168380, 168381, 168404, 168426, 168446.  This link is valid until 3/16/2021.

Sold Properties Last Week:

MLS #162435 – Fivetrees, West Aspen, 112 Falcon Road, Aspen, CO; Sold Price: $11,935,000/$1,519 sq ft; furnished. Sold Date: 02/12/2021. More details below photos.

MLS #162435 – Fivetrees, West Aspen, 112 Falcon Road, Aspen, CO; Sold Price: $11,935,000/$1,519 sq ft; furnished. Sold Date: 02/12/2021. Aspen homes for sale. Ask Price: $12,800,000. (Original Price: $$17,900,000 and on the market since 12/16/2016.) This is a 2007 built, 5 bedroom/5 bath/3 half-bath, 7,856 sq ft single family home with 3 car garage on a 2.1 acres lot. Broker comments are “Sited on just over two secluded acres, bordering private land and positioned at the end of the road for extra security, sits this exclusive ski-in, ski-out enclave of Five Trees. This five-bedroom, six-and-a-half-bathroom estate elevates artful design to new heights and is offered professionally decorated and fully furnished, including the kitchenware and artwork, the home is truly turnkey. The home’s interiors are defined by exquisite finishes, including Venetian plaster walls, walnut floors, and soaring ceilings with dramatic beam trusses. Expansive copper cladded windows frame views of Baldy Peak and the Willow Creek Valley showcasing the breathtaking natural surroundings and reinforcing the secluded feeling of this home. The private living room boasts wraparound windows which flood the living area with natural light and mountain scenery unobstructed by any neighboring property. This room shares a double-sided, exquisite, soaring dry-stack, stone fireplace with the large dining area. The chef’s kitchen features top-of-the-line appliances plus an oversized center island with stools for meals on the go. Double doors open to the extensive Pennsylvania blue stone patio that connects to the dining and living room. A matching bluestone hallway off the entry leads up to the private living quarters. The master suite is an oasis of calm and mountain peak scenery with a private balcony, fireplace, and a soothing master bath with cherrywood appointments, a soaking tub, oversized shower, and spacious closet and dressing areas. Also, on the top floor is the private guest master suite. Three other en-suite bedrooms, including a bunkroom, can be found downstairs off the game room. The home is further appointed with an arched stone wine cellar; a home theater equipped with audiophile components and a wave, wood segmented acoustic ceiling; a game room, with fireplace, for billiards, card or board games; a gym; home office; hot tub terrace positioned to take full advantage of the endless views; and a meandering tiered, water feature. A Porte Cochere welcomes with direct access to the great room. The garage holds three cars, and driveway and terraces are heated for snow melt.” 2018 taxes: $40,567; HOA Dues: $332. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/14/2020; Sold Date: 02/12/2021. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS #165317 – Meadowood, West Aspen, 102 Primrose Path, Aspen, CO; Sold Price: $9,800,000/$1,218 sq ft; furnished. Sold Date: 02/11/2021. More details below photos.

MLS #165317 – Meadowood, West Aspen, 102 Primrose Path, Aspen, CO; Sold Price: $9,800,000/$1,218 sq ft; furnished. Sold Date: 02/11/2021. Aspen homes for sale. Ask Price: $9,900,000. (Original Price: $9,900,000 and 212 days on the market since 07/10/2020.) This is a 2006 built, 6 bedroom/6 bath/2 half-bath, 8,043 sq ft single family home with 3 car garage on a 22,802 sq ft lot. Broker comments are “Located on a serene wooded lot at the end of a private cul-de-sac, you may never want to leave the comfort of this home. Every amenity has been considered! Recently remodeled to reflect today’s contemporary flair, the home’s well-appointed areas reflect the magic of the mountain west. The spacious gourmet kitchen has all new appliances, banks of cabinets, handy drawers and gorgeous white countertops – whip up a meal and enjoy it outdoors on the patio with fire pit or on the large grassy lawn, and then relax in one of two hot tubs. The main living areas include an open floor plan that lead to the outdoors, and an elevator is convenient for reaching all levels of the home. A recreation room with billiards, wet bar and wine room, as well as a luxurious home theater, offer plenty of spaces to entertain. The Meadowood subdivision offers private tennis courts, a picnic area, fishing pond, hiking and cross-country trails – all made possible by the large community meadow which creates the open feeling between the houses. Downtown Aspen is just 5 minutes away, and the Aspen schools and Aspen Recreation Center are nearby as are the ski areas at Aspen Highlands and Buttermilk.” 2021 taxes: $33,289; HOA Dues: $1,600. Under Contract Date: 12/23/2020; Sold Date: 02/11/2021. (Photos and broker comments courtesy of Engel & Volkers)

MLS #157119 – Pitkin Green, Red Mountain, 59 Herron Hollow Road, Aspen, CO; Sold Price: $6,700,000/$2,060 sq ft. Sold Date: 02/05/2021. More details below photos.

MLS #157119 – Pitkin Green, Red Mountain, 59 Herron Hollow Road, Aspen, CO; Sold Price: $6,700,000/$2,060 sq ft. Sold Date: 02/05/2021. Aspen homes for sale. Ask Price: $6,900,000. (Original Price: $7,900,000 and 800 days on the market since 11/28/2018.) This is a 1959 built and 1995 remodeled, 5 bedroom/5 bath/1 half-bath, 3,252 sq ft single family home with 2 car garage on a 34,160 sq ft lot. Broker comments are “Enjoy the ”only on Red Mountain” panoramic views this property offers – Aspen Mountain, Aspen Highlands, & Buttermilk Ski Areas and beyond to Sopris and Independence Pass. With 5 bedrooms, 5 full baths, and one half bath, there is room for everyone. Beamed and vaulted ceilings, floor to ceiling windows, wrap around balconies, multiple fireplaces and oversized garage. Located in the sought after and coveted Lower Red Mountain, Pitkin Green subdivision, this opportunity surely will not last. Utilize the existing 3252 square foot home while planning your redevelopment project. Zoned R-30 (Suburban Density Residential) on almost 3/4 of an acre lot. A rare opportunity to plan your perfect Aspen family estate to enjoy for generations to come. See broker for exclusions & disclosures.” 2018 taxes: $10,733. Under Contract Date: 11/02/2020; Sold Date: 02/05/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty – Durant)

MLS #168218 – Hunter Creek, Condominium, Smuggler, 1312 Vine Street, Aspen, CO; Sold Price: $1,270,000/$1,277 sq ft; furnished. Sold Date: 02/08/2021. More details below photos.

MLS #168218 – Hunter Creek, Condominium, Smuggler, 1312 Vine Street, Aspen, CO; Sold Price: $1,270,000/$1,277 sq ft; furnished. Sold Date: 02/08/2021. Aspen condos for sale. Ask Price: $1,250,000. (Original Price: $1,250,000 and 21 days on the market since 01/18/2021.) This is a 1980 built and 2020 remodeled, 3 bedroom/2 bath, 994 sq ft condo. Broker comments are “Enjoy Aspen Mountain views from this stunningly remodeled three bedroom two bath Hunter Creek unit. Brand new high end finishes include Bosch appliances, new cabinets, floors, fixtures, lighting and furniture package included. Enjoy the privacy of the Pitkin County Open Space in the back of the unit and views of Aspen Mountain from the kitchen. If you are looking for 3 bedrooms in Aspen in beautiful condition for under $2 Million with reasonable HOA dues this is your unit.” 2019 taxes: $2,145; HOA Dues: $8,348. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/25/2021; Sold Date: 02/08/2021. (Photos and broker comments courtesy of McKinley Sales)

MLS #166781 – Wood Run V, 47 Trails End Lane 4, Snowmass Village, CO; Sold Price: $3,350,000/$997 sq ft; furnished. Sold Date: 02/12/2021. More details below photos.

MLS #166781 – Wood Run V, 47 Trails End Lane 4, Snowmass Village, CO; Sold Price: $3,350,000/$997 sq ft; furnished. Sold Date: 02/12/2021. Snowmass Village townhomes for sale. Ask Price: $3,495,000. (Original Price: $3,495,000 and 139 days on the market since 09/26/2020.) This is a 1981 built and 2007 remodeled, 4 bedroom/4 bath/1 half-bath/1 den, 3,359 sq ft townhome. Broker comments are “A brilliantly renovated 4-bedroom, corner townhome privately located at the end of a cul-de-sac on Fanny Hill. Views from this sophisticated, contemporary property overlook the ski trail, Base Village and the distant mountains beyond. Among its many features: a living room with vaulted ceilings, reclaimed hickory floors, a natural slate woodburning fireplace, a built-in maple entertainment center, custom furnishings, and adjacent deck. The dining room, with light on two sides, includes a bay picture window which captures mtn views and is highlighted by an extraordinary glass chandelier and built-in walnut credenza. The kitchen is designed/equipped to serve a crowd and has sleek walnut cabinets, black granite/stainless counters, a gas range, slate floors, and a breakfast nook. The stylish master suite has a private deck, wood floors, custom maple built-ins and a spacious spa-like master bath with double porcelain vessel sinks, a steam shower and jetted tub. Three guest bedrooms feature midcentury vintage décor and gorgeous limestone/maple cabinetry baths. A family room with its elegant yet cheerful décor was designed both for fun (movie watching) and homework (computer stations). A playful mud room with boot warmers, bench and space for all your equipment, opens right out onto the slope  literally, ski out the door to the Village Express or gondola. Easy walk to the Village Mall or to Base Village, as well as to Woodrun V’s amenities  the clubhouse and pool. Townhome #4 is the best-renting townhome in the development, and there’s nothing else like it at Woodrun V. Very very special.” 2020 taxes: $6,730; HOA Dues: $32,525. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/20/2021; Sold Date: 02/12/2021. (Photos and broker comments courtesy of Compass SMV)

MLS #165088 – Base Village/One Snowmass East, Condominium, 77 Wood Road 503 East, Snowmass Village, CO; Sold Price: $3,300,000/$1,700 sq ft; unfurnished. Sold Date: 02/12/2021. More details below photos.

MLS #165088 – Base Village/One Snowmass East, Condominium, 77 Wood Road 503 East, Snowmass Village, CO; Sold Price: $3,300,000/$1,700 sq ft; unfurnished. Sold Date: 02/12/2021. Snowmass Village condos for sale. Ask Price: $3,300,000. (Original Price: $3,200,000 and 256 days on the market since 06/01/2020.) This is a 2020 built, 3 bedroom/3 bath, 1,941 sq ft condo. Broker comments are “Located in Snowmass Base Village’s premier new building, One Snowmass, this residence features sweeping down-valley views and luxurious, high-end interiors. Enjoy floor-to-ceiling glass windows that bring the outdoors in, top-of-the-line Gaggenau kitchen appliances, 5-piece master bath, private deck with gas grill hookup, and sleek interiors offering a neutral palette for interior design customization.” 2019 taxes: $23,040; HOA Dues: $32,997. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/29/2020; Sold Date: 02/12/2021. (Photos and broker comments courtesy of Slifer Smith & Frampton Real Estate)

MLS #167264 – Ridge Run, 145 North Ridge Lane, Snowmass Village, CO; Sold Price: $1,650,000/$868 sq ft; unfurnished. Sold Date: 02/12/2021. More details below photo.

MLS #167264 – Ridge Run, 145 North Ridge Lane, Snowmass Village, CO; Sold Price: $1,650,000/$868 sq ft; unfurnished. Sold Date: 02/12/2021. Snowmass Village duplex/half-duplex for sale. Ask Price: $1,695,000. (Original Price: $1,695,000 and 109 days on the market since 10/26/2020.) This is a 1975 built and 2020 remodeled, 3 bedroom/3 bath, 1,900 sq ft duplex/half-duplex. Broker comments are “Pending prior to listing.” 2020 taxes: $1,653; HOA Dues: $90. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/26/2020; Sold Date: 02/12/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #166940 – Ridge Run, 143 North Ridge Lane, Snowmass Village, CO; Sold Price: $1,503,500/$791 sq ft; unfurnished. Sold Date: 02/12/2021. More details below photo.

MLS #166940 – Ridge Run, 143 North Ridge Lane, Snowmass Village, CO; Sold Price: $1,503,500/$791 sq ft; unfurnished. Sold Date: 02/12/2021. Snowmass Village duplex/half-duplex for sale. Ask Price: $1,525,000. (Original Price: $1,525,000 and 130 days on the market since 10/05/2020.) This is a 1975 built and 2020 remodeled, 3 bedroom/3 bath, 1,900 sq ft duplex/half-duplex. Broker comments are “Pending prior to listing.” 2020 taxes: $2,021; HOA Dues: $90. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/05/2020; Sold Date: 02/12/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #164749 – Timberline, Condominium, 690 Carriage Way B-1a, Snowmass Village, CO; Sold Price: $720,000/$659 sq ft; furnished. Sold Date: 02/09/2021. More details below photos.

MLS #164749 – Timberline, Condominium, 690 Carriage Way B-1a, Snowmass Village, CO; Sold Price: $720,000/$659 sq ft; furnished. Sold Date: 02/09/2021. Snowmass Village condos for sale. Ask Price: $730,000. (Original Price: $800,000 and 242 days on the market since 06/12/2020.) This is a 1972 built, 3 bedroom/2 bath, 1,091 sq ft condo. Broker comments are “First time on the real estate market in over 20 years! This is the only 3-bedroom unit available in the Timberline complex. Located in B Building that is adjacent to guest reception, restaurant, pool/hot tub, decks, and the ski valet area. The number of rental nights has been historically high! Ask listing agent for details on rental income and improvement options. The HOA has restricted owner usage to 90 days per year so properties can be rented extensively. The Timberline rental and HOA management are on site and handle everything for renters and owners. Amenities include slopeside pool and hot tubs, fitness center, shuttle services, on-site restaurant, on-site ski tuning and shop. No reason to get in a car once you are at The Timberline.” 2019 taxes: $2,129; HOA Dues: $17,520. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/11/2020; Sold Date: 02/09/2021. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)

MLS #168276 – Assay Hill Lodge, Condominium, 130 Wood Road 636, Snowmass Village, CO; Sold Price: $346,200/$878 sq ft; furnished. Sold Date: 02/12/2021. More details below photos.

MLS #168276 – Assay Hill Lodge, Condominium, 130 Wood Road 636, Snowmass Village, CO; Sold Price: $346,200/$878 sq ft; furnished. Sold Date: 02/12/2021. Snowmass Village condos for sale. Ask Price: $355,000. (Original Price: $355,000 and 22 days on the market since 01/21/2021.) This is a 2010 built and 2019 remodeled, studio/1 bath, 394 sq ft condo. Broker comments are “Amazing ski in/ski out whole ownership opportunity with views of Assay Hill in the 4 star resort named Best Ski Hotel by USA Today. This property just completed a $4 million renovation including an elegant lobby with coffee bar, two new restaurants, updated fitness center and more! Additional amenities include luxury spa, heated pool, ski valet, complimentary valet/transportation services for owners, and concierge services to name a few. This unit is fully furnished with a recently completed refresh, kitchen, cozy fireplace and soaking tub in spacious bath. Whole ownership with the opportunity of great rental income through successful on-site rental management programs should the owner choose to participate. Enjoy this fabulous location steps away from the new Snowmass Base Village Plaz.” 2020 taxes: $1,664; HOA Dues: $10,372. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/02/2021; Sold Date: 02/12/2021. (Photos and broker comments courtesy of Equity Real Estate Management, LLC)

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