Aspen Real Estate Market  Last Week’s Sales: May 12 – 19, 19 – Week 

Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract / Pending (8).

The March 2019 Aspen Snowmass Village Real Estate Market Report Snapshot is posted in Current Reports. April 2019 will be posted early this week.  The Monthly Snapshots are posted on or near the 1st Mon. of every month.

Just Released Bi-Annual – Estin Report: Aspen Snowmass Real Estate Market 2019 Winter Spring

The updated Pace of Sales Charts Q1 2008 through Q1 2019 were posted in Charts on Apr 8, 19. These answer the question “Where are we now compared to prior periods?” and indicate market direction trend lines.

     
                                   Aspen & Snowmass Village Historic Real Estate Sales Chart Series

Blog Post: May 12 – 19, 2019 Aspen CO real estate market activity, Week 19

Weekly Aspen and Snowmass CO real estate sales activity appears below for sold and under contracts properties in the upper Roaring Fork Valley over $250,000 – for Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass. Fractional sales are not included. Photos and written descriptions of sold properties are posted here as the MLS links below expire after 30 days. For earlier dates, see the Estin Report blog archives starting in 2008 at the bottom of the page. Or use SearchEstinAspen in the menu bar to search by topic, address, subdivision, complex, date, etc.  If it’s about Aspen real estate, the information should be here.

Closed (10):  MLS#s: 145659, 150067, 152248, 152967, 154300, 154805, 156165, 157020, 157231, 158502. This link is valid until 6/18/2019.

Under Contract/Pending (8): MLS#s: 152102, 154601, 154730, 155302, 157921, 158394, 158974, 159113. This link is valid until 6/18/2019.

Sold Properties Last Week:

MLS #154300 – Quillen Subdivision, West Aspen, 1465 Red Butte Drive, Aspen, CO: Sold Price: $4,200,000/$763 sq ft; unfurnished. Sold Date: 05/15/2019. More details below photos.

MLS #154300 – Quillen Sub, West Aspen, 1465 Red Butte Drive, Aspen, CO: Sold Price: $4,200,000/$763 sq ft; unfurnished. Sold Date: 05/15/2019. Aspen homes for sale. Ask Price: $4,500,000. (Original Price: $6,500,000 and 715 days on the market since 05/08/2017.) Tim’s notes: This is arguably a teardown home/lot sale selling at or near land value. This is good example of a mis-priced listing that took 2 years to sell.  This is a 1994 built, 6 bedroom/5 bath/1 half-bath, 5,498 sq ft single family home with 3 car garage on a 31,858 sq ft lot. Broker comments are “Serenity is at the heart of this beautifully maintained home on quiet and desirable Red Butte Drive in West Aspen. Soak up the sun in the open yet private back yard and hear the sounds of the Roaring Fork River from the front. The open living, dining and kitchen areas are perfect for entertaining and abundant windows allow for a flood of natural light. The upper level master suite, guest bedrooms and bunk room are separated by a comfortable game room/sitting area while the lower level media room and guest apartment with kitchen offer additional practical living spaces. Immerse yourself in the comfort of out of town living just minutes from schools and skiing, and the Aspen core via the Rio Grande trail or Cemetery Lane without a the impact of the roundabout.” 2018 taxes: $13,923. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/19/2019; Sold Date: 05/15/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #157020 – Gateway To Snowmass, 167 Picket Pin Lane, Snowmass, CO: Sold Price: $970,000/$297 sq ft; furnished. Sold Date: 05/17/2019. More details below photos.

MLS #157020 – Gateway To Snowmass, 167 Picket Pin Lane, Snowmass, CO: Sold Price: $970,000/$297 sq ft; furnished. Sold Date: 05/17/2019. Old Snowmass homes for sale. Ask Price: $1,049,000. (Original Price: $1,095,000 and 580 days on the market since 08/15/2017.) This is a 1971 built and 2005 remodeled, 4 bedroom/3 bath/1 half-bath, 3,265 sq ft single family home with 2 car garage on a 1.1 acres lot. Broker comments are “It feels like a home inspired by a John Denver song, but this beautifully remodeled true Rocky Mountain home was actually once owned by another well-known celebrity (totally remodeled in 2005). Perched on a hillside, views from the lovely deck & from inside the home overlook the verdant Snowmass Creek Valley and capture the Continental Divide. The professionally designed décor complements log and Colorado stone accents to create a warm and wonderful mountain ambiance. The main living area and the spacious, sumptuous master suite occupy the same level. Guests have their own quarters downstairs. There are three fireplaces to warm by and everyone will be lulled to sleep by the soothing sounds of Snowmass Creek. Private setting in idyllic Snowmass Creek Valley. 1.5 miles from Highway 82.” 2018 taxes: $6,552. Under Contract Date: 03/12/2019; Sold Date: 05/17/2019. (Photos and broker comments courtesy of Leverich and Carr Real Estate)

MLS #145659 – 4054 Lower River Road, Snowmass, CO: Sold Price: $595,000. Sold Date: 05/16/2019. More details below photos.

MLS #145659 – 4054 Lower River Road, Snowmass, CO: Sold Price: $595,000. Sold Date: 05/16/2019. Old Snowmass lots for sale. Ask Price: $775,000. (Original Price: $950,000 and 2,045 days on the market since 05/27/2013.) This is a 2.61 acres single family vacant lot. Broker comments are “Own over 600 feet of Roaring Fork River frontage & a total of 2.614 acres! According to Clerk/Recorder, property is within Tax District 7 & located in the Aspen school district. Activity envelope approved by Pitkin County Community Development. This section of the Roaring Fork River features a gently sloped lot and is conveniently located downstream from Woody Creek with immediate access to the bike path and numerous hiking trails. The traditional red barn offers tons of storage, built on a cement slab and adds plenty of charm without any historic restrictions. This is an opportunity that seldom becomes available and definitely one not to be missed. Select ”documents” tab to view additional details on activity envelope approval and copy of the survey by Aspen Survey Engineers, Inc.” 2015 taxes: $5,125. Under Contract Date: 05/06/2019; Sold Date: 05/16/2019. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #152248 – Base Village/Limelight Hotel Condominiums, 65 Wood Road 505, Snowmass Village, CO: Sold Price: $2,025,000/$1,465 sq ft; furnished. Sold Date: 05/13/2019. More details below photos.

MLS #152248 – Base Village/Limelight Hotel Condominiums, 65 Wood Road 505, Snowmass Village, CO: Sold Price: $2,025,000/$1,465 sq ft; furnished. Sold Date: 05/13/2019. Snowmass Village condos for sale. Ask Price: $2,025,000. (Original Price: $1,925,000 and 482 days on the market since 01/16/2018.) This is a 2018 built, 2 bedrooom/2 bath, 1,382 sq ft condo. Broker comments are “This fully furnished two bedroom residence features up-mountain views, direct sunlight, balcony, generous gathering spaces, lock-off studio guest bedroom, and direct access to a world-class ski resort, literally at your doorstep with Elk Camp Gondola just steps away. Gaggenau kitchen appliances—the finest in contemporary European styling. Center kitchen island in Caesarstone with adjoining dining room table. Great room that features a cozy white marble fireplace surround with custom wood cabinetry providing ample storage. Ownership includes unlimited skiing for two to all four of Aspen’s mountains, access to the Mountain Club, daily breakfast in Limelight, parking, transpo, storage, and all the Snowmass Base Village Plaza activities just steps away.” 2018 taxes: $14,110; HOA Dues: $25,018 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/11/2019; Sold Date: 05/13/2019. (Photos and broker comments courtesy of SV Real Estate)

MLS #154805 – Capitol Peak Condominiums, 60 Carriage Way 3127, Snowmass Village, CO: Sold Price: $985,000/$918 sq ft; furnished. Sold Date: 05/17/2019. More details below photos.

MLS #154805 – Capitol Peak Condos, 60 Carriage Way 3127, Snowmass Village, CO: Sold Price: $985,000/$918 sq ft; furnished. Sold Date: 05/17/2019. Snowmass Village condos for sale. Ask Price: $1,045,000. (Original Price: $1,100,000 and 1,066 days on the market since 04/11/2016.) This is a 2008 built, 2 bedroom/2 bath, 1,072 sq ft condo. Broker comments are “Spacious Capitol Peak corner unit on the quiet side of the complex. Views of Sam’s Knob and Mt. Daly prepare you for a great day on the mountain. An excellent floor plan with master suite on one side and guest bedroom on the other with open living space to gather in between. High ceilings and abundant natural light complement this 1,072 square foot apartment. Complex hot tub, garage parking, owner storage and oversized covered balcony for morning coffee. Easy main level entrance and close proximity to the gondola make this the perfect location in Base Village. On site property management and excellent rental income.” 2018 taxes: $6,221; HOA Dues: $18,000 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/29/2019; Sold Date: 05/17/2019. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-SMV)

MLS #150067 – Snowmass Mountain Condos, 55 Upper Woodbridge Road B2, Snowmass Village, CO: Sold Price: $580,000/$597 sq ft; furnished. Sold Date: 05/16/2019. More details below photos.

MLS #150067 – Snowmass Mountain, 55 Upper Woodbridge Road B2, Snowmass Village, CO: Sold Price: $580,000/$597 sq ft; furnished. Sold Date: 05/16/2019. Snowmass Village condos for sale. Ask Price: $595,000. (Original Price: $629,000 and 955 days on the market since 02/02/2017.) This is a 1973 built and 2011 remodeled, 2 bedroom/2 bath, 970 sq ft condo. Broker comments are “Price reduced. If you like “new” and a convenient location with great views, this two-bedroom, two-bath condo is perfect. Contemporary remodel to studs with hardwood floors throughout and a new gourmet kitchen with stainless steel appliances and a gas range. Take in the picturesque winter scene overlooking the Snowmass Ski area from the front deck or survey the fields of wildflowers from your huge 2nd deck overlooking BLM and Rim Trail. Fully furnished, a wood burning fireplace, an extra large storage area plus a double covered parking space. You can make this condo a year-round home, a mountain vacation retreat or a great investment property. Truly one of the best condos in the complex.” 2017 taxes: $1,878; HOA Dues: $2,077 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/25/2019; Sold Date: 05/16/2019. (Photos and broker comments courtesy of Engel & Volkers).

MLS #152967 – Assay Hill Lodge, 130 Wood Road 630, Snowmass Village, CO: Sold Price: $467,000/$823 sq ft; furnished. Sold Date: 04/19/2019. More details below photos.

MLS #152967 – Assay Hill Lodge, 130 Wood Road 630, Snowmass Village, CO: Sold Price: $467,000/$823 sq ft; furnished. Sold Date: 04/19/2019. Snowmass Village condos for sale. Ask Price: $475,000. (Original Price: $495,000 and 785 days on the market since 07/01/2016.) This is a 2010 built, 1 bedroom/1 bath, 567 sq ft condo. Broker comments are “This one-bedroom residence has a highly sought after location overlooking the slopes of Assay Hill. Sophisticated, turn-key residence, the best in ski in/ski out living with amenities like front desk, full-service concierge, ski valet, car service, and on-site management. The slopeside pool terrace has a heated pool, hot tubs and cabanas with firepits. Featuring an award-wining wellness spa, newly renovated fitness facility and world class dining, this property offers the best in Snowmass luxury living.” 2018 taxes: $3,770; HOA Dues: $13,163 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/08/2019; Sold Date: 04/19/2019. (Photos and broker comments courtesy of Aspen Snowmass Properties)

MLS #156165 – Assay Hill Lodge, 130 Wood Road 506, Snowmass Village, CO: Sold Price: $439,500/$797 sq ft; furnished. Sold Date: 05/15/2019. More details below photos.

MLS #156165 – Assay Hill Lodge, 130 Wood Road 506, Snowmass Village, CO: Sold Price: $439,500/$797 sq ft; furnished. Sold Date: 05/15/2019. Snowmass Village condos for sale. Ask Price: $439,500. (Original Price: $439,500 and 246 days on the market since 09/11/2018.) This is a 2010 built, 1 bedroom/1 bath, 551 sq ft condo. Broker comments are “Excellent ski-in/ski-out opportunity in Snowmass Village on Assay Hill. Enjoy spectacular Snowmass Rim views from this beautifully appointed one-bedroom unit. Four-star amenities include: wellness spa, new outdoor pool/hot tub, restaurant, room service, concierge, shuttle, and skier valet service. Assay Hill Lodge recently completed more than $4 million in renovations and improvements with the new Toro Kitchen and Lounge, a redesigned main lobby, Cafe V Coffee Bar, fitness center and new pool area and Nest poolside and après ski café. Base Village Phase I redevelopment including the new Limelight Snowmass completion scheduled for Thanksgiving 2018. The new Lost Forest Adventure Center atop Elk Camp offers a new climbing wall, alpine coaster, zip lines and ropes course. The Seller has already paid the fall 2018 interior special assessment upgrade for unit 506.” 2018 taxes: $3,257; HOA Dues: $12,793. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/19/2019; Sold Date: 05/15/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #157231 – Timberline, 690 Carriage Way D2B, Snowmass Village, CO: Sold Price: $395,000/$574 sq ft; furnished. Sold Date: 05/17/2019. More details below photos.

MLS #157231 – Timberline Condos, 690 Carriage Way D2B, Snowmass Village, CO: Sold Price: $395,000/$574 sq ft; furnished. Sold Date: 05/17/2019. Snowmass Village condos for sale. Ask Price: $415,000. (Original Price: $415,000 and 548 days on the market since 12/07/2017.) This is a 1972 built and 2015 remodeled, 1 bedrooom/1 bath, 687 sq ft condo. Broker comments are “Completely renovated, this fabulous one bedroom will rival any one bedroom in Snowmass Village. Fantastic ski in/out location to Fanny Hill. Rated a ”10” by the management company, this condominium is an exceptional rental property. Enjoy the slopeside pool, jacuzzi, BBQ area and restaurant and bar. Great onsite management. This is the one bedroom you have been waiting to buy.” 2018 taxes: $1,328; HOA Dues: $10,512. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/17/2019; Sold Date: 05/17/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #158502 – Wood Run Place, 425 Wood Road #46, Snowmass Village, CO: Sold Price: $390,000/$418 sq ft; furnished. Sold Date: 05/17/2019. More details below photos.

MLS #158502 – Wood Run Place, 425 Wood Road #46, Snowmass Village, CO: Sold Price: $390,000/$418 sq ft; furnished. Sold Date: 05/17/2019. Snowmass Village condos for sale. Ask Price: $450,000. (Original Price: $450,000 and 64 days on the market since 03/24/2019.) This is a 1983 built and 2012 remodeled, 1 bedroom/1 bath/1 half-bath, 933 sq ft condo. Broker comments are “An architecturally delightful, spacious 2-story one bedroom located on top floor. This is no ordinary box of a condo. Beautiful, unusual high windows bring in light all day. Features include rich wood floors on the main level, updated kitchen with stainless appliances, brick woodburning fireplace, spacious bedroom with built-in desk and wall-to-wall cabinets, steam shower. Bosch stacked washer/dryer, sunny south-facing deck off of kitchen with views of Elk Camp and High Alpine. A double row of windows in living room overlook the Rim Trail and Fanny Hill. A hideabed and the nearby powder room allow extra sleeping. Property is fully humidified and includes one assigned carport space. Just steps away from ski concierge room, and quick access to Fanny Hill.” 2018 taxes: $1,843; HOA Dues: $17,041. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/07/2019; Sold Date: 05/17/2019. (Photos and broker comments courtesy of Compass SMV)

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