Aspen Real Estate Market  Last Week’s Sales:  Dec 29, 19 – Jan 5, 20 – Week 1

Closed (9) + Under Contract / Pending (8). [To view the new blog post, you may have to “Clear your Browser Settings”. Go to: Chrome browser/more tools/clear browsing data.]

The Oct – Dec YTD Mos. Snapshots will be released soon in Current Reports but I’m in the process of writing my year end report which is all-consuming.  The Monthly Snapshots are posted on or near the 1st Monday of every month. Here is a quick Oct 2019 YTD summary comparison of the past 4 years:

The updated Historic Pace of Sales Charts Q1 2008 through Q3 2019 (thru Sept 30, 19) have been posted in Charts. These charts are broken down by total markets, Aspen and Snowmass,  and by property types: single family homes, condos and vacant land and compare  sales  to prior years.  They answer the question “Where are we now compared to prior periods?” and indicate market direction with trend lines.

     
          Aspen & Snowmass Village Historic Real Estate Sales Chart Series

Bi-Annual – Estin Report: Aspen Snowmass Real Estate Market 2019 ws

Blog Post: Dec 29, 2019 – Jan 5, 2020 Aspen CO real estate market activity, Week 1

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 (9):  MLS#s: 141789, 161492, 152449, 154684, 157078, 158513, 158530, 160102, 103445.  This link is valid until 2/4/2020.

Under Contract/Pending (8): MLS#s: 161491, 158145, 161564, 162353, 162448, 162538, 162567, 162568.  This link is valid until 2/4/2020.

Sold Properties Last Week:

MLS #154684 – West Aspen, 1953 Medicine Bow Road, Aspen, CO: Sold Price: $13,850,000/$1,306 sq ft; furnished. Sold Date: 12/20/2019. More details below photos.

MLS #154684 – West Aspen, 1953 Medicine Bow Road, Aspen, CO: Sold Price: $13,850,000/$1,306 sq ft; furnished. Sold Date: 12/20/2019. Aspen homes for sale. Ask Price: $16,950,000. (Original Price: $19,950,000 and 989 days on the market since 03/22/2017.) This is a 2016 built, 6 bedroom/7 bath/2 half-bath, 10,603 sq ft single family home with 3 car garage on a 36 acres lot. Broker comments are “The summit of luxury mountain living can be found at this recently completed contemporary architectural showpiece on 36 pristine acres with unparalleled views. After years of searching for the special private landscape, the homeowners discovered a unique property that used to be part of Wildcat Ranch. Just minutes from downtown Aspen, Seth Hmielowski of Z Group Architects created an elevated living experience. The modern and thoughtfully designed residence offers bountiful space, incomparable views, various tranquil outdoor areas. 10,000 square feet of living space, the 6 bedroom architectural dream home is highlighted by seamless indoor-outdoor living, complete with walls of glass that vanish to remove boundaries between interior environs and breathtaking vistas of The Elk Mountain Range.” 2019 taxes: $20,568. Under Contract Date: 10/11/2019; Sold Date: 12/20/2019. (Photos and broker comments courtesy of Compass Aspen)

MLS #141789 – South Aspen Street, One Aspen Townhomes, Central Core, 695 S Aspen Street Unit C, Aspen, CO: Sold Price: $8,600,000/$2,135 sq ft; unfurnished. Sold Date: 01/03/2020. More details below photos.

MLS #141789 – South Aspen Street, Central Core, 695 S Aspen Street Unit C, Aspen, CO: Sold Price: $8,600,000/$2,135 sq ft; unfurnished. Sold Date: 01/03/2020. One Aspen townhomes for sale. Ask Price: $10,300,000. (Original Price: $10,300,000 and 1,502 days on the market since 11/23/2015.) This is a 2017 built, 3 bedroom/4 bath/1 half-bath, 4,027 sq ft townhome with 2 car garage on a 19,500 sq ft lot. Broker comments are “Located at the base of Aspen Mountain and adjacent to the prized Lift 1A, One Aspen is a highly anticipated offering and the last of its kind. The collection of fourteen mountainside residences is as close to recreation paradise as it is to the downtown heartbeat. And with its modern lines, spacious layouts, and coveted outdoor living spaces, it might just be the best Aspen address yet.” HOA Dues: $17,595 per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/06/2016; Sold Date: 01/03/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

Sold Off-Market – The Gant Condominiums, Central Core, 610 S West End Gant J-303, Aspen, CO: Sold Price: $2,200,000/$2,222 sq ft; furnished. Sold Date: 01/03/2020. More details below photos.

MLS #103445 – Gant, Central Core, 610 S West End Gant J-303, Aspen, CO: Sold Price: $2,200,000/$2,222 sq ft; furnished. Sold Date: 01/03/2020. Aspen condos for sale.  Tim’s notes: This condo was sold off market, not in the MLS. This is a 1972 built, 2 bedroom/2 bath, 990 sq ft condo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: ; Sold Date: 01/03/2020. (Photos and broker comments courtesy of Peak Properties of Aspen Inc.)

MLS #160102 – Horse Ranch Subdivision, 380 Branding Lane, Snowmass Village, CO: Sold Price: $5,200,000/$1,195 sq ft; unfurnished. Sold Date: 12/27/2019. More details below photos.

MLS #160102 – Horse Ranch, 380 Branding Lane, Snowmass Village, CO: Sold Price: $5,200,000/$1,195 sq ft; unfurnished. Sold Date: 12/27/2019. Snowmass Village homes for sale. Ask Price: $5,395,000. (Original Price: $5,495,000 and 184 days on the market since 06/26/2019.) This is a 2019 built, 5 bedroom/5 bath/1 half-bath, 4,350 sq ft single family home with 4+ car garage on a 25,094 sq ft lot. Broker comments are “Top of the world views of the surrounding mountains including all 4 ski areas from this brand new home perched at the top of the Branding Lane cul-de-sac. Mountain modern style with large windows bringing the outside in. High end finishes and top of the line appliances. The home is now completed.” 2018 taxes: $4,969. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/26/2019; Sold Date: 12/27/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #158513 – Ridge Run Sub, 1993 Faraway Road, Snowmass Village, CO: Sold Price: $3,595,000/$853 sq ft; furnished. Sold Date: 12/30/2019. More details below photos.

MLS #158513 – Ridge Run, 1993 Faraway Road, Snowmass Village, CO: Sold Price: $3,595,000/$853 sq ft; furnished. Sold Date: 12/30/2019. Snowmass Village homes for sale. Ask Price: $3,975,000. (Original Price: $4,395,000 and 485 days on the market since 02/28/2018.) This is a 2000 built, 4 bedroom/4 bath/1 half-bath/1 den, 4,213 sq ft single family home with 2 car garage on a 32,234 sq ft lot. Broker comments are “An extraordinary, high-end mountain home reflecting comfort, quality and master craftsmanship at every turn. Numerous custom-designed details including handmade iron chandeliers and stair railings, stunning hammered copper range hood, and custom-milled woodwork throughout. Rich interiors feature distressed Old World beams with iron-jointed trusses, reclaimed wood flooring, 3 fireplaces, integrated plaster walls, generous amounts of stone and granite, and ”Lite Touch” lighting control system . Great room, chef’s kitchen and master suite all on main entry level. Gracious guest suites and a den/entertainment center, on their own level. All rooms open to the outdoors where you’ll find a hot tub, fire pit, snow-melted decks, and your own aspen forest. Ski-in/out via the West Fork trail.” 2018 taxes: $14,275; HOA Dues: $90. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/07/2019; Sold Date: 12/30/2019. (Photos and broker comments courtesy of Compass SMV)

MLS #158530 – Meadow Ranch, 310 Meadow Ranch, Snowmass Village, CO: Sold Price: $1,275,000/$600 sq ft; partially furnished. Sold Date: 12/27/2019. More details below photos.

MLS #158530 – Meadow Ranch, 310 Meadow Ranch, Snowmass Village, CO: Sold Price: $1,275,000/$600 sq ft; partially furnished. Sold Date: 12/27/2019. Snowmass Village homes for sale. Ask Price: $1,395,000. (Original Price: $1,435,000 and 269 days on the market since 04/02/2019.) This is a 1979 built and 2018 remodeled, 4 bedroom/3 bath, 2,124 sq ft single family home on a 2,124 sq ft lot. Broker comments are “Light, bright, and warm single family home well located in Snowmass Village and the Aspen School District. Minutes to skiing, golf, walking, hiking, biking trails including the local bus stops and school bus pickups. Remodeled in 2018, this 4 bedroom 3 bath home on two levels is in perfect condition, has an open floor plan, large bedrooms, stainless steel appliances, gas fireplace, laundry room, and very large storage area. There are porches off the living room, master bedroom, and a new landscaped patio area with an outdoor hot tub amongst mature aspen trees. New roof, new gas line, and the outside of the house is scheduled to be painted this June.” 2018 taxes: $3,868; HOA Dues: $6,789. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/05/2019; Sold Date: 12/27/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #161492 – Ridge, 229 Faraway Road 36, Snowmass Village, CO: Sold Price: $1,050,000/$650 sq ft; furnished. Sold Date: 01/03/2020. More details below photos.

MLS #161492 – Ridge Townhomes, 229 Faraway Road 36, Snowmass Village, CO: Sold Price: $1,050,000/$650 sq ft; furnished. Sold Date: 01/03/2020. Snowmass Village condos for sale. Ask Price: $1,095,000. (Original Price: $1,095,000 and 100 days on the market since 09/25/2019.) This is a 1985 built and 2016 remodeled, 3 bedroom/2 bath, 1,614 sq ft condo. Broker comments are “More photos soon. Ridge #36, known as ”The Daly View”, has one of the very best views in all of Snowmass Village. This upstairs corner condo with vaulted ceilings and great space has stunning Snowmass Ski Area, Mt Daly, and Brush Creek down valley views. The owner completed a very thoughtful partial remodel in 2016. The kitchen was beautifully done with a new island counter-top that provides an open floor plan, gas range and new appliances. A third bedroom with bunk beds was added, a gas fireplace, and all new furnishings.” 2018 taxes: $3,380; HOA Dues: $13,055. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/03/2019; Sold Date: 01/03/2020. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-SMV)

MLS #152449 – Top of Village Condominiums, 855 Carriage Way Slope 207, Snowmass Village, CO: Sold Price: $765,000/$708 sq ft; furnished. Sold Date: 12/30/2019. More details below photos.

MLS #152449 – Top of Village, 855 Carriage Way Slope 207, Snowmass Village, CO: Sold Price: $765,000/$708 sq ft; furnished. Sold Date: 12/30/2019. Snowmass Village condos for sale. Ask Price: $789,000. (Original Price: $815,000 and 700 days on the market since 01/29/2018.) This is a 1974 built and 2013 remodeled, 2 bedroom/2 bath, 1,080 sq ft condo. Broker comments are “Perfectly situated looking up the mountain with beautiful views of the Snowmass area ski runs. Ski in/ ski out right out your patio via Dawdler and Fanny Hill. Handsomely furnished with beautiful leather and western inspired décor. Guest bedroom has bunk beds built in creating fun additional sleeping areas. Beautifully remodeled bathrooms. Extremely good rental with Top of the Village.” 2018 taxes: $2,734; HOA Dues: $14,424 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/20/2019; Sold Date: 12/30/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #157078 – Capitol Peak Lodge Condos, 60 Carriage Way 3125, Snowmass Village, CO: Sold Price: $565,000/$849 sq ft; furnished. Sold Date: 01/03/2020. More details below photos.

MLS #157078 – Capitol Peak, 60 Carriage Way 3125, Snowmass Village, CO: Sold Price: $565,000/$849 sq ft; furnished. Sold Date: 01/03/2020. Snowmass Village condos for sale. Ask Price: $620,000. (Original Price: $685,000 and 394 days on the market since 12/05/2018.) This is a 2008 built, 1 bedroom/1 bath, 665 sq ft condo. Broker comments are “If you are looking to be close to all the new amenities in Base Village, the ice-skating rink, climbing wall, new restaurants and shops, but want to be located on the quiet side of the building, then look no further. Located on the main floor of Capitol Peak Building C, you can walk to all of these great amenities without having to get into an elevator. Views of Mt. Daly and the Rim Trail from the living room and deck, plus great sunsets. This property has extra tall ceilings, wood floors and upgraded furniture. Parking, storage, ski lockers, game room and two large hot tubs are just a few of the other creature comforts you will enjoy as an owner of this great one bedroom getaway.” 2018 taxes: $3,858; HOA Dues: $11,447. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/23/2019; Sold Date: 01/03/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

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