Oct 29 – Nov 5, 2017 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract / Pending (8) The Estin Report: Oct 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports on 11/14. The Snapshots are usually posted on or near the… Read More
Deal: Beautiful 35 Acre Woody Creek Ranch Closes at $13M / $1,016 sq ft Furnished.
Oct 22 - 29, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (7) + Under Contract / Pending (11)
The Estin Report: Oct 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports on 11/14. The Snapshots are usually posted on or near the 1st Monday of the month.
Sep 2017 Bottom Line
"We are on a remarkably similar path to 2015, the biggest year since the Great Recession.
• Through Sep 2017 YTD, total Aspen and SMV combined dollar sales have exceeded Sep 2015 YTD by 4.3%, $1.165B vs $1.117B.
• Unit sales are also similar: (327) in 2017 YTD vs (331) in 2015 YTD.
• And luxury sales of properties over $10M are tracking 2015: there have been (21) in 2017 YTD vs (23) in 2015 YTD.
Listing Inventory for..." Read more
Added to Sep 2017 Snapshot Summary (and in the future to all Monthly Snapshots):
Deep Dive: Sales by Location (Pgs 7 & 9 of Snapshot)
- Aspen: Sales by Neighborhoods
- Snowmass Village: Sales by Neighborhoods
The Estin Report: Mid-Year 2017 State of Aspen Real Estate
was released in the summer 2017 in Current Reports. The 32-Page report is available on-line as PDF and in a print edition in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.
"Flip Job" Examples: See recent Before/After Redevelopment in the Flip Jobs Section near the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (07/4/17) as additional re-sale properties come on the market at significantly higher prices.
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Market Activity Week 44, Oct 22 - 29, 2017
Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity. Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. 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 (7): MLS#s 151357, 143793, 148027, 148077, 148846, 150411, 146717. This link is valid until 11/29/2017.
Under Contract/Pending (11): MLS#s: 151222, 141809, 144508, 151372, 143239, 147369, 149428, 149918, 150734, 151072, 151302. This link is valid until 11/28/2017.
Aspen Snowmass Solds Last Week:
MLS #150411 - 0391/0401 Woody Creek Road, Woody Creek, CO. Sold Price: $13,000,000/$1,016 sq ft; furnished. More details below photo.
MLS #150411 - 0391/0401 Woody Creek Road, Woody Creek, CO. Sold Price: $13,000,000/$1,016 sq ft; furnished. Woody Creek single family home for sale. Ask Price: $13,950,000. (Original Price: $13,950,000 and _ days on the market since _.) This is a studio/2 half-bath, 12,785 sq ft single family home with 3 car garage on a 35.14 acres lot. Broker comments are "Sophisticated, timeless, livable, Italian farmhouse on 35 acres. A bucolic ranch featuring a 5-bedroom main home, guest home, horse barn, trout ponds & Woody Creek meandering the length of the property. Bountiful wildlife & endless outdoor adventure! The attention to detail is astounding: antique chestnut floors & intricate stone work add elegance & warmth to this estate home. The turn-of-the-century historic barn, new state-of-the-art barn with multiple stalls & paddocks, riding arena & lush pastures will appeal to the equestrian. Wine connoisseurs will appreciate the beautiful tasting room. The perfect gathering place complete with indoor/outdoor entertaining spaces, private guest wing, two media rooms & a home spa/gym area. This property has it all only 15-minutes from Aspen." 2015 taxes: $26,602. Under Contract Date: 08/28/2017; Sold Date: 10/24/2017. (Photos and broker comments courtesy of Compass)
MLS #148027 - Durant Condos, Central Core, 748 S Galena Street 5-D, Aspen, CO. Sold Price: $3,425,000/$2,048 sq ft; furnished. More details below photos.
MLS #148027 - Durant Condos, Central Core, 748 S Galena Street 5-D, Aspen, CO. Sold Price: $3,425,000/$2,048 sq ft; furnished. Aspen condo for sale. Ask Price: $3,650,000. (Original Price: $3,650,000 and 223 days on the market since 03/10/2017.) This is a 1969 built, 4 bedroom/3 bath, 1,672 sq ft condo. Broker comments are "No carrying skis up and down stairs here. Ski in & out of you backdoor in this elegant four bedroom penthouse level residence on Aspen Mountain. Seller has paid the over $460,000 in assessments for the newly completed exterior remodel which included new snowmelted walkways, new walkways to the residences, retaining walls, exterior facade, new windows, and more. Radiant floor heat, 9 foot ceilings, steam shower, W/D, Jacuzzi tubs, gas range, cooling, and sky lights. New bike storage and signage is currently being completed. An entirely new pool and hot tub are planned for this fall." 2016 taxes: $5,857; HOA Dues: $6,245 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/14/2017; Sold Date: 10/19/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen) Read More
Remodeled Aspen Core 1-Bdrm 900 Sq Ft Condo Closes at $2.1M/$2,333 Sq Ft
Oct 15 – 22, 2017 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (11) + Under Contract / Pending (11) The Estin Report: Sep 2017 Aspen Real Estate Monthly Snapshot has been posted in… Read More
As Baby Boomers Leave the Slopes Millennials Don’t Fill the Gap, AT
Chart pdf Of all the post-war generations, baby boomers have swarmed the ski slopes more than any other. Now they’re leaving and millennials are not filling the void. Why is this happening and what is the ski industry doing to reach new skiers?… Read More
845 Roaring Fork Road on Half Acre Closes at $11.6M/$3,608 sq ft.
Oct 8 - 15, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract / Pending (9)
The Estin Report: Sep 2017 Aspen Real Estate Monthly Snapshot has been posted in Current Reports.The Snapshots are usually posted on or near the 1st Monday of the month.
Sep 2017 Bottom Line
"We are on a remarkably similar path to 2015, the biggest year since the Great Recession.
- Through Sep 2017 YTD, total Aspen and SMV combined dollar sales have exceeded Sep 2015 YTD by 4.3%, $1.165B vs $1.117B.
- Unit sales are also similar: (327) in 2017 YTD vs (331) in 2015 YTD.
- And luxury sales of properties over $10M are tracking 2015: there have been (21) in 2017 YTD vs (23) in 2015 YTD.
Listing Inventory for..." Read more
Added to Sep 2017 Snapshot Summary:
Deep Dive: Sales by Location (Pgs 7 & 9 of Snapshot)
- Aspen: Sales by Neighborhoods
- Snowmass Village: Sales by Neighborhoods
The Estin Report: Mid-Year 2017 State of Aspen Real Estate
was released in the summer 2017 in Current Reports. The 32-Page report is available on-line as PDF and in a print edition in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.
"Flip Job" Examples: See recent Before/After Redevelopment in the Flip Jobs Section near the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (07/4/17) as additional re-sale properties come on the market at significantly higher prices.
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Market Activity Week 42, Oct 8 - 15, 2017
Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity. Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. 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 (11): MLS#s 151220, 142830, 143847, 144011, 144413, 148870, 149766, 150149, 150295, 150394, 150402. This link is valid until 11/14/2017.
Under Contract/Pending (6): MLS#s 144099, 145025, 147458, 147936, 151040, 151134. This link is valid until 11/14/2017.
Aspen Snowmass Solds Last Week:
MLS #151220 - Second Aspen Company Subdivision, West End, 845 Roaring Fork Road, Aspen, CO. Sold Price: $11,600,000/$3,608 sq ft. More details below photo.
NO PHOTO AT PRESENT
MLS #151220 - Second Aspen Company, West End, 845 Roaring Fork Road, Aspen, CO. Sold Price: $11,600,000/$3,608 sq ft. Aspen single family home for sale. Ask Price: $11,600,000. This is a 1977 built/2010 remodeled, 5 bedroom/4 bath/1 half-bath, 3,215 sq ft single family home with 2 car garage on a 26,942 sq ft lot. There was another neighborhood sale (posted in the July 16 - 23, 2017 blog) at 805 Roaring Fork Rd a 1983 built and 1997 remodeled, 4 bedroom/3 bath/1 half-bath, 4,170 sq ft single family home with 2 car garage on a 19,729 sq ft lot (almost 1/2 acre). The Roaring Fork Rd neighborhood is a well-known cul de sac of approximately (22) properties largely held by two prominent families. Broker comments are "Sold before MLS." 2016 taxes: $12,912. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/07/2017; Sold Date: 10/03/2017. (Photos and broker comments courtesy of Compass)
MLS #144413 - Hallam Addition, West End, 625 Gillespie Street, Aspen, CO. Sold Price: $6,250,000/$1,298 sq ft; unfurnished. More details below photos.
MLS #144413 - Hallam Addition, West End, 625 Gillespie Street, Aspen, CO. Sold Price: $6,250,000/$1,298 sq ft; unfurnished. Aspen single family home for sale. Ask Price: $6,995,000. (Original Price: $7,500,000 and on the market since 11/19/14.) This is a 2007 built, 4 bedroom/4 bath/2 half-bath, 4,813 sq ft single family home with 2 car garage on a 4,890 sq ft lot. The property has been on the market for almost 3 years and was a difficult sell. Reasons? While neighborhood is one of the best, the house layout is awkward and the design uniquely challenging. The ground floor entry level contains awkward miscelaneous rooms without much defintition (e.g. is it a library or a living room adjacent to the front door? There's an outdoor screened in dining patio on the ground level but the kitchen is upstairs.) and the sub-grade bedroom spaces are chopped up and almost undefinable (publisher comments). Broker comments are "Just steps from the Aspen Institute and the Music Tent, this home exemplifies what West End living is all about. Nestled in this highly desirable neighborhood, downtown is just a leisurely stroll or bike ride away. Complemented by the location is an inviting contemporary home boasting elegant style, clean lines, generous windows, quality finishes and views toward Aspen and Red Mountain. Three levels accessed by elevator or stairs open into a great room, well-appointed kitchen and master on the upper level, while the entry level provides family room space, an office, guest master suite and screened seasonal patio. The lower level offers two additional bedroom suites, media room with wet bar, wine room, and exercise room. A detached two car garage is easily accessible by snow-melted walkway and offers plenty of storage space and a dog wash. Bring your imagination and ideas to make this home the perfect Aspen retreat. Unfurnished and in "like new" condition." 2015 taxes: $16,574. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/14/2017; Sold Date: 10/12/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby's International Realty-Hyman Mall) Read More
Rare Top of Mill 2012 Ski In-Out Home Sells for $22.5M/$2,455 Sq Ft
Oct 1 – 8, 2017 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract / Pending (9) The Estin Report: Sep 2017 Aspen Real Estate Monthly Snapshot has been posted in… Read More
Downtown Aspen Penthouse Closes at $6.5M/ $3,554 Sq Ft
Sept 24 – Oct 1, 2017 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract / Pending (17) The Estin Report: August 2017 Aspen Real Estate Monthly Snapshot has been posted in … Read More
Another Aspen Highlands New Home Closes in Deal Territory at $6.75M/$1,036 Sq Ft
Sept 17 – 24, 2017 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (11) + Under Contract / Pending (14) The Estin Report: August 2017 Aspen Real Estate Monthly Snapshot has been posted in Current… Read More
Stunning West Buttermilk New Home Closes at $29M/$2,149 Sq Ft
Sept 10 - 17, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (15) + Under Contract / Pending (9)
The Estin Report: August 2017 Aspen Real Estate Monthly Snapshot has been posted in Current Reports.The Snapshots are usually posted on or near the 1st Monday of the month.
August 2017 Bottom Line
"The Aspen real estate market is cruising along in overdrive. August is traditionally a very active period for sales, and this August more so than ever. Sales at all prices points are exceedingly strong while inventory of properties for sale is declining significantly. Areas with particular sales velocity are Downtown Aspen, Red Mountain and the West End. Outlying areas are experiencing slower sales at lower prices—there’s value in them hills. There is concern the market is frothy with many asking how long can this last...Who really knows? No one..." Read more
Added to Aug 2017 Snapshot Summary:
Deep Dive: Sales by Location (Pgs 7 & 9 of Snapshot)
- Aspen: Sales by Neighborhoods
- Snowmass Village: Sales by Neighborhoods
The Estin Report: Mid-Year 2017 State of Aspen Real Estate
was released in the summer 2017 in Current Reports. The 32-Page report is available on-line as PDF and in a print edition in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.
"Flip Job" Examples: See recent Before/After Redevelopment in the Flip Jobs Section near the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (07/4/17) as additional re-sale properties come on the market at significantly higher prices.
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Market Activity Week 38, Sept 10 - 17, 2017
Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity. Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. 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 (15): MLS#s 142056, 141555, 121911, 142778, 145224, 145352, 146167, 147465, 149206, 149672, 149780, 150366, 150625, 150815, 150860. This link is valid until 10/17/2017.
Under Contract/Pending (9): MLS#s 143793, 144934, 144942, 145236, 148846, 149874, 150188, 150394, 150710. This link is valid until 10/17/2017.
Aspen Snowmass Solds Last Week:
MLS #121911 - West Buttermilk, West Aspen, 2800 W Buttermilk Road, Aspen, CO. Sold Price: $29,000,000/$2,149 sq ft; furnished. More details below photos.
MLS #121911 - West Buttermilk, West Aspen, 2800 W Buttermilk Road, Aspen, CO. Sold Price: $29,000,000/$2,149 sq ft; furnished. Aspen single family home for sale. Ask Price: $44,000,000. (Original Price: $29,500,000 and 2,178 days on the market since 07/01/2011. As construction progressed, the price was raised to $46M on 8/24/14) This is a 2016 built, 8 bedroom/9 bath/2 half-bath, 13,491 sq ft single family home with 4+ car garage on a 44.6 acres lot. The press has reported that the buyer is Lachlan Murdoch, the 46-year-old son of Rupert Murdoch. He is co-chairman of News Corp, which owns Dow Jones & Co., publisher of The Wall Street Journal and executive chairman of 21st Century Fox. Broker comments are "Just completed...Nestled high on Buttermilk Mountain in a grove of Aspen trees, Mopani Estate is a 44.6-acre equestrian property representing a rare and very special opportunity to enjoy unobstructed and expansive views of Red Mountain, the city of Aspen, the Continental Divide and Mt. Sopris. A picturesque 1,800 ft. long driveway connects the 13,500 sq. ft. mountain contemporary main residence with the two bed/two bath caretaker dwelling unit (CDU) or guest house and the large stable at this private family compound. The main residence is built with exquisite finishes and exacting attention to detail. Features include Boffi cabinetry and stone countertops from Italy, perfectly “matchbook” stone fireplaces, a glass 11-foot-tall pivoting front door, custom made chandeliers, cedar wood ceilings, and wide plank walnut floors. The home boasts six bedrooms, six full baths and two half baths, two gracious master suites and sitting rooms, wine cellar, exercise and spa rooms, media room, three car garage, multiple decks and patios, and beautiful outdoor spaces which include a fire pit and a waterfall. The property is also permitted for a tennis court. An open floor plan offers the perfect backdrop for indoor/outdoor entertaining and for displaying a significant art collection." 2016 taxes: $68,596. Under Contract Date: 09/11/2017; Sold Date: 09/14/2017. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Durant) Read More
Aspen Highlands Townhome Values – 2 Sales Last Week: $4.75M/$788 Sq Ft and $4.9M/$841 Sq Ft
Sept 3 - 10, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (13) + Under Contract / Pending (10)
The Estin Report: August 2017 Aspen Real Estate Monthly Snapshot has been posted in Current Reports. The Snapshots are usually posted on or near the 1st Monday of the month.
August 2017 Bottom Line
"The Aspen real estate market is cruising along in overdrive. August is traditionally a very active period for sales, and this August more so than ever. Sales at all prices points are exceedingly strong while inventory of properties for sale is declining significantly. Areas with particular sales velocity are Downtown Aspen, Red Mountain and the West End. Outlying areas are experiencing slower sales at lower prices—there’s value in them hills. There is concern the market is frothy with many asking how long can this last...Who really knows? No one..." Read more
The Estin Report: Mid-Year 2017 State of Aspen Real Estate was released in the summer 2017 in Current Reports. The 32-Page report is available on-line as PDF and in a print edition in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.
"Flip Job" Examples: See recent Before/After Redevelopment in the Flip Jobs Section near the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (07/4/17) as additional re-sale properties come on the market at significantly higher prices.
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Market Activity Week 37, Sept 3 - 10, 2017
Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity. Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. 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 (13): MLS#s 137922, 144511, 144449, 145125, 147338, 148440, 148471, 149519, 149524, 149702, 149816, 149897, 150785. This link is valid until 10/10/2017.
Under Contract/Pending (10): MLS#s 141708, 146964, 148047, 149313, 149536, 149868, 149877, 150197, 150447, 150735. This link is valid until 10/10/2017.
Aspen Snowmass Solds Last Week:
MLS #147338 - Aspen Highlands, West Aspen, 75 Thunderbowl Lane, Aspen, CO. Sold Price: $4,900,000/$841 sq ft; furnished. More details below photos.
MLS #147338 - Aspen Highlands, West Aspen, 75 Thunderbowl Lane, Aspen, CO. Sold Price: $4,900,000/$841 sq ft; furnished. Aspen single family home for sale. Ask Price: $5,475,000. (Original Price: $5,475,000 and 264 days on the market since 12/16/2016.) This is a 2007 built, 4 bedroom/5 bath/2 half-bath, 5,824 sq ft single family home with 2 car garage on a 3,920 sq ft lot. Some of the "best values"near downtown Aspen can be found at Aspen Highlands which is 5-7 minutes from downtown Aspen by shuttle bus. Broker comments are "Luxurious townhome living at Aspen Highlands within steps of the Thunderbowl and Exhibition Ski Lifts. Enjoy spectacular views of the Aspen Highlands ski area from the ultimate destination home with generous spaces ideally suited for entertaining. The contemporary mountain design boasts a gracious 5,824 sq ft, with four en-suite bedrooms, plus a private office, two power rooms, multiple fireplaces, game and media room, gourmet kitchen, top-of-the-line wine chillers, elevator, hot tub and heated two-car garage. Five minutes from downtown Aspen and just a short walk to Aspen Schools and the Aspen Recreation Center. Ritz-Carlton Club amenities include use of the workout facilities, outdoor heated pool and spa. Complimentary in-town and airport transportation available." 2017 taxes: $24,153; HOA Dues: $5,719 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/22/2017; Sold Date: 09/06/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen) Read More
Aspen 1987 Built Home on Shady Lane on 2.5 Riverfront Acres Sells for $27M
August 27 - Sept 3, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (20) + Under Contract / Pending (10)
The Estin Report: July 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports. The Snapshots are usually posted on or near the 1st Monday of the month.
Excerpt from July 2017 Snapshot:
"The Aspen market continues to be in hyper-sales territory. Activity is and feels super-charged. Add to that, early August is the time when buyers get real estate focused with summer's ending in sight. This is the busiest time of year. We should see a steady stream of offers and under contracts now through the end of September. The Aspen market is bifurcated: there's inside the roundabout and there's outside. Aspen’s most coveted neighborhoods..." Read more
The Estin Report: Mid-Year 2017 State of Aspen Real Estate was released in the summer 2017 in Current Reports. The 32-Page report is available on-line as PDF and in a print edition in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.
"Flip Job" Examples: See recent Before/After Redevelopment in the Flip Jobs Section near the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (07/4/17) as additional re-sale properties come on the market at significantly higher prices.
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Market Activity Week 36, August 27 - Sept 3, 2017
Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity. Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. 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 (20): MLS#s142156, 126246, 136543, 138447, 138471, 144288, 144574, 147620, 147742, 147983, 148015, 149019, 149181, 149419, 149613, 149799, 149869, 150009, 150229, 150649. This link is valid until 10/3/2017.
Under Contract/Pending (10): MLS#s 141923, 133332, 144369, 144531, 147324, 148280, 148995, 149485, 150108, 150402. This link is valid until 10/32017.
Aspen Snowmass Solds Last Week:
MLS #149419 - Central Core, 205 Shady Lane, Aspen, CO. Sold Price: $27,000,000/$4,144 sq ft; unfurnished. More details below photos.
MLS #149419 - Central Core, 205 Shady Lane, Aspen, CO. Sold Price: $27,000,000/$4,144 sq ft; unfurnished. Aspen single family home for sale. Ask Price: $27,500,000. (Original Price: $27,500,000 and 85 days on the market since 06/05/2017.) This is a 1987 built, 5 bedroom/5 bath/1 half-bath, 6,515 sq ft single family home with 4+ car garage on a 2.57 acres lot. Broker comments are "A true legacy property in the heart of Aspen. This property has it all: river frontage, flat usable acreage, short walk to Aspen, south facing views of Aspen Mountain, on the Rio Grande Trail, located in Pitkin County (no transfer tax and larger residences allowed) and no steep hills to drive in the winter. Create the ultimate family compound on this 2+ acre river front property just a short walk from Aspen’s downtown core. Located at the end of Shady Lane at the base of Red Mountain, this Victorian style, 5 bed / 5.5 bath, 6,515 SF home has enormous potential for the most discerning buyer." 2016 taxes: $31,413. Under Contract Date: 06/30/2017; Sold Date: 08/29/2017. (Photos and broker comments courtesy of Aspen Associates Realty) Read More
High End Aspen Real Estate Bounces Back Big-Time, AT
“In his Aug. 11 newsletter, Sothebys real estate broker Tim Estin noted the emphasis on high-dollar sales this year in some of Aspen’s most coveted areas for home buyers. He theorized that residences closer to downtown are in more demand because the City Council’s overhaul of its land-use code — which… Read More