Aspen Real Estate Market  Last Week’s Sales: May 19 – 26, 19 – Week 21

Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract / Pending (12).

The April 2019 Aspen Snowmass Village Real Estate Market Report Snapshot is posted in Current Reports.  The Monthly Snapshots are posted on or near the 1st Monday of every month. (This April 2019 was sooo late. My apology.)

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 19 – 26, 2019 Aspen CO real estate market activity, Week 21

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: 144568, 151566, 152260, 155879, 156552, 157429, 157959, 158378, 158641, 159364. This link is valid until 6/25/2019.

Under Contract/Pending (12): MLS#s: 153157, 153244, 153510, 154753, 156881, 157332, 157726, 158394, 158822, 159095, 159300, 159319. This link is valid until 6/25/2019.

Sold Properties Last Week:

MLS #144568 – Owl Creek, West Aspen, 1500 Owl Creek Ranch Road, Aspen, CO: Sold Price: $21,200,000/$1,808 sq ft; unfurnished. Sold Date: 05/21/2019. More details below photos.

MLS #144568 – Owl Creek Area, West Aspen, 1500 Owl Creek Ranch Road, Aspen, CO: Sold Price: $21,200,000/$1,808 sq ft; unfurnished. Sold Date: 05/21/2019. Aspen homes for sale. Ask Price: $25,500,000. (Original Price: $35,000,000 and 2,190 days on the market since 07/13/2012.) This is a 1998 built and 2016 remodeled, 6 bedroom/6 bath/3 half-bath, 11,722 sq ft single family home with 4+ car garage on a 80.72 acres lot in Owl Creek- the gorgeous back road drive between Aspen and Snowmass Village. Tim’s Notes: Owl Creek is the area where the highest priced Aspen property sale has occurred: Hollywood producer Peter Guber sold his 650 acre Mandalay Ranch for $46M in 2004 (originally priced at $63M). Broker comments are “Rarely do Aspen, Colorado estates of this grandeur, change hands. Sited on one of the finest 82-acre parcels in the Roaring Fork Valley, this recently remodeled 6-bedroom home, offers panoramic views from Aspen Mountain to the Snowmass Ski Area and Mount Daly. The main level offers grand entertaining spaces, with soaring ceilings and unobstructed views framed with pinion pine and spruce beams. Large inviting doors, call friends and family outdoors to the generous, manicured backyard, side-by-side ponds and beach for fun in the Rocky Mountains. The upper level features two, master suites: one offering Aspen Mountain views, the other overlooks the property’s two ponds and Mount Daly. Also appointed on the upper level is a home gym and massage room. If there is an equestrian in your family, the ability to add a barn and horse facilities are grandfathered in and there is just the perfect spot. This is the only home on the market with significant acreage and square footage, less than 10-minutes to Aspen and all four Aspen/Snowmass ski areas.” 2018 taxes: $47,721; HOA Dues: $31,266 per Yr. Under Contract Date: 02/12/2019; Sold Date: 05/21/2019. (Photos and broker comments courtesy of Compass Aspen)

MLS #151566 – West Aspen, 1220 Mountain View Drive, Aspen, CO: Sold Price: $3,100,000/$1,116 sq ft; unfurnished. Sold Date: 05/21/2019. More details below photos.

MLS #151566 – West Aspen / Cemetery Lane Area, 1220 Mountain View Drive, Aspen, CO: Sold Price: $3,100,000/$1,116 sq ft; unfurnished. Sold Date: 05/21/2019. Aspen homes for sale. Ask Price: $3,395,000. (Original Price: $3,395,000 and 581 days on the market since 10/17/2017.) This is a 1978 built and 2007 remodeled, 3 bedroom/3 bath, 2,776 sq ft single family home with 2 car garage on a 17,400 sq ft lot. Broker comments are “Cheerful Aspen home with a large fenced yard front and back and great deck space for outdoor living. 2 bedroom with option to convert family room to a third. Morning sun streams in from large wall of living room windows with up front views of Aspen Mtn and Highlands Bowl. One level living could easily be ADA accessible. The home offers lots of possibilities with the current configuration of his and hers offices, a work/shop space and a 2 car garage. Duplex lot, not a part of a sub division, water rights included.” 2018 taxes: $7,452. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/04/2019; Sold Date: 05/21/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #158641 – Aspen Village Mobile Park, Woody Creek, 86 Aspen Village Road, Aspen, CO: Sold Price: $450,000/$333 sq ft; unfurnished. Sold Date: 05/24/2019. More details below photos.

MLS #158641 – Aspen Village Mobile Park, Woody Creek, 86 Aspen Village Road, Aspen, CO: Sold Price: $450,000/$333 sq ft; unfurnished. Sold Date: 05/24/2019. Aspen homes for sale. Ask Price: $450,000. (Original Price: $450,000 and 51 days on the market since 04/03/2019.) This is a 1974 built and 2018 remodeled, 3 bedroom/1 bath/1 3/4-bath, 1,348 sq ft single family home with 1 car garage on a 3,276 sq ft lot. Broker comments are “Just 15 mins from Aspen! This 1,347 sf home with 3 bedrooms, 1 3/4 bathrooms and office sits on a 3,276 sf lot. Remodeled in 2010 & 2017-2019. The gourmet kitchen features granite counter-tops, a center eat-at island & breakfast nook with banquette seating. Sloped ceiling in main living areas provides spacious ambiance. An open floor plan adjoins the kitchen, living & dining rooms making entertaining easy inside & out with tall French doors that open to a spacious deck & treed yard that provides shade & privacy. One car garage. No dogs allowed. Located on bus route. Community pool & gym. Deed Restricted to Resident Occupied by Aspen Pitkin County Housing Authority. Buyer must work a minimum 1500 hrs/yr in the Roaring Fork Valley. Must be owner occupied. There is no sale price restriction. Buyer cannot own any improved property from Aspen to Rifle. Aspen Village has its own Metro District. Property taxes include water, sewer, trash pickup, common area & road maintenance, snow removal and management. Because of home’s age, there is limited financing with 20% down payment-call for details. Aspen Village offers a great amenities including a community pool (summer use only), children’s playground, indoor gym, and club house for special events. There is also a separate storage area for cars, boats etc. One additional car is allowed across the street with a parking permit. APCHA controls Deed Restriction. For HOA documents go to www.apcha.org and click Sales & Ownership at the top, scroll down and click Homeowner Association (HOA) and choose Aspen Village for Aspen Village info, the documents will be on the right. Property Manager is Romero Group. www.aspenvillage.info for the most updated C&D’s. Exclusions: Cabinets, attached and not attached in office.” 2018 taxes: $4,534. Under Contract Date: 04/13/2019; Sold Date: 05/24/2019. (Photos and broker comments courtesy of Janet Mitchell & Co)

MLS #158378 – Silver Glo Condominiums, Central Core, 940 Waters Avenue 304, Aspen, CO: Sold Price: $780,000/$1,333 sq ft; unfurnished. Sold Date: 05/23/2019. More details below photos.

MLS #158378 – Silver Glo Condominiums, Central Core, 940 Waters Avenue 304, Aspen, CO: Sold Price: $780,000/$1,333 sq ft; unfurnished. Sold Date: 05/23/2019. Aspen condos for sale. Ask Price: $799,000. (Original Price: $799,000 and 59 days on the market since 03/25/2019.) This is a 1970 built, 1 bedroom/1 bath, 585 sq ft condo. Broker comments are “Fully remodeled top floor unit. Low HOA fees,  1-bedroom condo 4 blocks to the gondola. Full-time home or investment property (Airbnb allowed). Excellent storage. His and hers closets in bedroom, coat closet and a second closet in living room. Sleek kitchen with brand new cabinets, quartz countertops, Bosch appliances. Bosch W/D in unit. New water heater. Beautiful wood floors. Brand new bathroom with walk-in shower, Toto Toilet, Kohler fixtures, Porcelanosa tile. Personal private ski locker plus heated pool. Plentiful parking on-site.” 2018 taxes: $1,615; HOA Dues: $1,568. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/24/2019; Sold Date: 05/23/2019. (Photos and broker comments courtesy of Home Bay Broker)

MLS #159364 – Eastside Central Core, 905 E Hopkins Avenue, Aspen, CO; Aspen Vacant Lot Sale: Sold Price: $6,500,000. Sold Date: 05/22/2019. More details below photo.

MLS #159364 – East Addition, Central Core, 905 E Hopkins Avenue, Aspen, CO: Sold Price: $6,500,000. Sold Date: 05/22/2019. Aspen lots for sale. Ask Price: $6,500,000. (Original Price: $6,500,000 and 1,421 days on the market since 07/01/2015.) Tim’s notes: This is a vcant 6,000 sq ft lot on E. Hopkins that was optioned by the buyer of the adjacent new home next door 905 E Hopkins that sold at $13M/$2,655 sf in May 2018. This is a 6,000 sq ft single family vacant lot. Broker comments are “Sold before MLS.” 2018 taxes: $9,602. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/26/2019; Sold Date: 05/22/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #157959 – Wood Run Place Townhomes, 425 Wood Road 60, Snowmass Village, CO: Sold Price: $2,775,000/$1,223 sq ft; furnished. Sold Date: 05/20/2019. More details below photos.

MLS #157959 – Wood Run Place Townhomes, 425 Wood Road 60, Snowmass Village, CO: Sold Price: $2,775,000/$1,223 sq ft; furnished. Sold Date: 05/20/2019. Snowmass Village townhomes for sale. Ask Price: $2,995,000. (Original Price: $2,995,000 and 90 days on the market since 02/19/2019.) This is a 2008 built, 4 bedroom/4 bath/1 half-bath, 2,268 sq ft townhome with 2 car garage. Broker comments are “Awesome location where you can ski right in and out of your back door and walk to the Mall. Great floor plan with two separate living areas which is unique in the Townhome market. 2 designated, full time parking spots in heated parking garage with direct elevator access to both levels. Nice flat lawn area just off the lower patio with new landscaping. High end finishes throughout, high ceilings, radiant and forced air heat and central A/C. Complex has a heated pool, hot tub, workout room, ski service center and shuttle service.” 2018 taxes: $9,221; HOA Dues: $41,424. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/20/2019; Sold Date: 05/20/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #156552 – Ridge Run Subdivision, 35 North Ridge Lane, Snowmass Village, CO: Sold Price: $2,600,000/$1,040 sq ft; furnished. Sold Date: 05/20/2019. More details below photos.

MLS #156552 – Ridge Run, 35 North Ridge Lane, Snowmass Village, CO: Sold Price: $2,600,000/$1,040 sq ft; furnished. Sold Date: 05/20/2019. Snowmass Village duplex/half-duplex for sale. Ask Price: $2,625,000. (Original Price: $2,625,000 and 210 days on the market since 10/22/2018.) This is a 2006 built and 2017 remodeled, 3 bedroom/3 bath/1 half-bath, 2,498 sq ft duplex with 2 car garage. Broker comments are “This Half duplex is turn-key with privacy, views and custom-built high quality construction. A full remodel in 2017, this home enjoys over 2,506 SF of living with 3 bedrooms, 3 full baths & 1 half bath. Enjoy easy living with beautiful views and a secluded natural setting. Maintenance free living. This home boasts exceptional light, grand windows throughout, vaulted ceilings with exposed beams, granite, marble and stone in the kitchen and baths, as well as gorgeous floors, & cabinetry.” 2017 taxes: $8,216; HOA Dues: $90. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/03/2019; Sold Date: 05/20/2019. (Photos and broker comments courtesy of Engel & Volkers Snowmass)

MLS #157429 – Terrace House Condos, 65 Campground Lane 93, Snowmass Village, CO: Sold Price: $605,000/$715 sq ft; furnished. Sold Date: 05/24/2019. More details below photos.

MLS #157429 – Terrace House, 65 Campground Lane 93, Snowmass Village, CO: Sold Price: $605,000/$715 sq ft; furnished. Sold Date: 05/24/2019. Snowmass Village condos for sale. Ask Price: $619,000. (Original Price: $619,000 and 134 days on the market since 01/06/2019.) This is a 1972 built and 2011 remodeled, 2 bedrooom/2 bath, 846 sq ft condo. Broker comments are “Terracehouse Condominiums is perfectly located on the slopes in Snowmass Village. This second level residence with two bedrooms – two bathrooms has Eastern views from a large picture window. Stroll the 100 yard flat walk to the slopes, click in and ski down to the Elk Camp Gondola or the Village Express 6 pack lift and the renowned Treehouse Adventure Center. Owners and their guests of this turn-key, vacation rental property will love the convenience of the Stonebridge Inn pool, hot tub and fitness center. Terracehouse is located above the Base Village with the new Limelight Hotel Snowmass, ice skating rink and 5 story indoor climbing wall and near the restaurants and shops on the Upper Mall. The neighboring Artisan Restaurant is a favorite for breakfast, lunch, après and dinner.” 2018 taxes: $1,788; HOA Dues: $9,750. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/12/2019; Sold Date: 05/24/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #152260 – Assay Hill Lodge Condos Hotel, 130 Wood Road 737, Snowmass Village, CO: Sold Price: $502,500/$890 sq ft; furnished. Sold Date: 05/21/2019. More details below photos.

MLS #152260 – Assay Hill Lodge Condos Hotel, 130 Wood Road 737, Snowmass Village, CO: Sold Price: $502,500/$890 sq ft; furnished. Sold Date: 05/21/2019. Snowmass Village condos for sale. Ask Price: $502,500. (Original Price: $502,500 and 419 days on the market since 01/16/2018.) This is a 2009 built, 1 bedroom/1 bath, 564 sq ft condo. Broker comments are “This elegant home features sweeping valley views, premium appliances, soaring ceilings, a cozy fireplace, private outdoor space, and exclusive access to the finest amenities and personal services available in Snowmass. Amenities include ski valet, valet parking, full service spa, fitness center, pool, bike storage, on-site restaurant and cafe. Utilities, transportation, parking, and owner storage are fully included in carry costs. This stylish residence comes fully furnished, and the cost of the upcoming soft goods refresh is included in the list price. This property is located in a world class ski-in, ski-out resort community, steps away from the new Snowmass Base Village Plaza which features countless activities and dining options.” 2018 taxes: $3,483; HOA Dues: $14,786 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/21/2019; Sold Date: 05/21/2019. (Photos and broker comments courtesy of SV Real Estate)

MLS #155879 – Assay Hill Lodge Condos Hotel, 130 Wood Road 608, Snowmass Village, CO: Sold Price: $447,500/$812 sq ft; furnished. Sold Date: 05/22/2019. More details below photos.

MLS #155879 – Assay Hill Lodge Condo Hotel, 130 Wood Road 608, Snowmass Village, CO: Sold Price: $447,500/$812 sq ft; furnished. Sold Date: 05/22/2019. Snowmass Village condos for sale. Ask Price: $447,500. (Original Price: $447,500 and 320 days on the market since 01/11/2018.) This is a 2009 built, 1 bedrooom/1 bath, 551 sq ft condo. Broker comments are “Owning an exquisite Viceroy residence provides the luxuries of a resort hotel plus all the comforts of home. In an unsurpassed ski-in/ ski-out location in the new Snowmass Base Village, now coming to life with a $600 million transformation. The Viceroy is showcasing more than $4 million in renovations and expansions. These include the new Toro Latin Kitchen and Lounge, a redesigned main lobby with an ultramodern fireplace, Cafe V, a coffee bar featuring coffee specialties and pastries, and an expanded and enhanced fitness center. This summer, the pool area will be refreshed with two new spa pools and the re-opening of Nest.” 2017 taxes: $3,257; HOA Dues: $14,446. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/05/2019; Sold Date: 05/22/2019. (Photos and broker comments courtesy of SV Real Estate)

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