Apr 15 – 22, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (8) + Under Contract / Pending (20)

March 2018 Aspen Real Estate Market Reports – the Estin Report Mar 2018 Monthly Snapshot was released Mon 05/14/18 in the Current Reports Section .  These detailed statistical market snapshots are released on or about the 1st Monday of the month.

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Apr 15 – 22, 2018 Aspen real estate market activity, Week 16

Estin Report: Aspen CO and Snowmass CO real estate market 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 in the upper Roaring Fork Valley. Fractional/Timeshare sales are not included. Because the MLS links below expire after 30 days, photos and written descriptions of most closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity. Scroll down the page for property photos and details of weekly sales and under contract / pending. For earlier dates, see the Estin Report blog archives from 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 (8):  MLS#s: 147131, 148903, 149593, 149787, 149835, 150734, 152098, 153569. This link is valid until 5/23/2018.

Under Contract/Pending (20): MLS#s: 140138, 140177, 139138, 139139, 140137, 145240, 147342, 147411, 147412, 150216, 151998, 152187, 152631, 152887, 152915, 153019, 153028, 153134, 153343, 153500. This link is valid until 5/23/2018.

Sold Properties Last Week:

MLS #153569 – Pitkin Green, Red Mountain, 848 Willoughby Way, Aspen, CO: Sold Price: $12,100,000/$4,299 sq ft; unfurnished. More details below photos.

MLS #153569 – Pitkin Green, Red Mountain, 848 Willoughby Way, Aspen, CO: Sold Price: $12,100,000/$4,299 sq ft; unfurnished. Aspen single family home for sale. Ask Price: $12,100,000. (Original Price: $12,000,000 and 69 days on the market since 02/07/2018. The Pitkin County Assessor 2017 Value Summary for this land Parcel #273501402010 is $6.48M and Improvements $500K.) This is a 1990 built, 3 bedroom/3 bath, 2,814 sq ft home with 2 car garage on a 1.06 acres lot. It is all time record sale for 1 acre in Aspen, CO. Broker comments are “Sold before MLS.” 2017 taxes: $13,231. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/07/2018; Sold Date: 04/17/2018. (Photos and broker comments courtesy of Tim Estin and Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #149835 – South Point Condos, Central Core, 205 E Durant Avenue 2J, Aspen, CO: Sold Price: $1,950,000/$1,908 sq ft; furnished. More details below photos.

MLS #149835 – South Point Condos, Central Core, 205 E Durant Avenue 2J, Aspen, CO: Sold Price: $1,950,000/$1,908 sq ft; furnished. Aspen condo for sale. Ask Price: $2,195,000. (Original Price: $2,295,000 and 287 days on the market since 07/05/2017.) This is a 1967 built and 2016 remodeled, 2 bedroom/2 bath, 1,022 sq ft condo. Broker comments are “This newly remodeled, fully furnished, contemporary corner unit in the heart of Aspen is fantastic! Just a short stroll to everything downtown has to offer, 3 blocks to the gondola and ski-in to the back door, you can’t beat this location. Fabulous views of Red Mountain from the Master suite and Aspen Mountain views from the deck. With Bosch appliances throughout, wine fridge, gas fireplace, in-unit washer dryer, tankless water heater. Stunning interior and exterior renovation completed in 2016. Garage parking, Ski locker, Lobby area security system, landscaping and super low HOA. The ultimate Aspen residence or rental machine.” 2016 taxes: $2,600; HOA Dues: $5,800 per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/17/2018; Sold Date: 04/18/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #147131 – Fasching Haus Condominiums, Central Core, 747 S Galena Street 110, Aspen, CO: Sold Price: $937,500/$1,562 sq ft; partial-furnished. More details below photos.

MLS #147131 – Fasching Haus Condominiums, Central Core, 747 S Galena Street 110, Aspen, CO: Sold Price: $937,500/$1,562 sq ft; partial-furnished. Aspen condo for sale. Ask Price: $995,000. (Original Price: $1,075,000 and 439 days on the market since 01/02/2017.) This is a 1969 built and 2011 remodeled, 1 bedroom/1 bath, 600 sq ft condo. Broker comments are “Gorgeous modern one bedroom located at the base of Aspen Mountain. Situated on a courtyard with a hot tub and swimming pool in a reputable condominium complex, luxury and convenience encompass this property. Unit 110 allows you to park the car until it is time to leave. Walk a couple blocks into the heart of Aspen and take advantage of this incredible city and all its special offerings.” 2015 taxes: $1,200; HOA Dues: $1,999 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/10/2018; Sold Date: 04/16/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #150734 – Mountain Valley, East Aspen, 198 Mountain Laurel Drive, Aspen, CO: Sold Price: $2,200,000. More details below photos.

MLS #150734 – Mountain Valley Subdivision, East Aspen, 198 Mountain Laurel Drive, Aspen, CO: Sold Price: $2,200,000. Aspen vacant lot for sale. Ask Price: $2,995,000. (Original Price: $2,995,000 and 2,217 days on the market since 07/28/2014.) This is a 26,263 sq ft single family vacant lot. Broker comments are “East aspen development – duplex site. Full plans with engineering available. County staff is making noise about needing a TDR (Transferable Development Right) to build a duplex over 5,750. Single family approved at 5,750. TDR needed for larger. Spectacular views from every deck, and main rooms of home. Two master suites (one with large study/den) plus 2 junior suites (with family room); large living, dining, kitchen opens to wrap around decks. Elevator. Approx. 4,200 sq feet per side plus 500+ square foot garage. Could be 3,500 square feet by not building third level. Great opportunity for the owner user. Building envelope is cleared of trees so you have real perspective.-may need tree mitigation. Plans attached in documents. Owner is licensed colorado broker. Older home at top of lot-current tenants pay.” 2016 taxes: $4,058; HOA Dues: $400 per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/09/2017; Sold Date: 04/12/2018. (Photos and broker comments courtesy of Compass)

MLS #152098 – Horse Ranch Subdivision, 180 Saddleback Lane, Snowmass Village, CO: Sold Price: $5,950,000/$954 sq ft. More details below photos.

MLS #152098 – Horse Ranch Sub, 180 Saddleback Lane, Snowmass Village, CO: Sold Price: $5,950,000/$954 sq ft. Snowmass Village single family home for sale. Ask Price: $6,500,000. (Original Price: $6,500,000 and 1,222 days on the market since 12/16/2014.) This is a 2016 built, 5 bedroom/5 bath/2 half-bath, 6,236 sq ft home with 3 car garage on a 1.34 acres lot. Broker comments are “Completed in early Spring of 2017, this five-bedroom, 6,236-square-foot stunning, brand new mountain home is everything you could want to entertain guests in a private part of the Snowmass foothills. A rare opportunity to own new construction in Snowmass Village, its three-story, creative layout is open and inviting, with fantastic community space and a large, deck with Snowmass Ski Area views. The bedrooms are tucked into quieter parts of the home, each offering their own mountain retreat with en-suite bathrooms. And the top-level master bedroom functions as a self-contained penthouse, with two private decks, functional kitchenette (with a built-in espresso machine) and breathtaking views that are framed by oversized, floor to ceiling windows. **Seller has informed Listing Broker and Brokerage Firm of Seller’s existing Bankruptcy situation, which creates both a need to sell the Property, and potential difficulty in accomplishing a Sale (including the potential need to obtain the agreement of the Bankruptcy Court in satisfaction of Seller’s existing obligations).” 2017 taxes: $14,229. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/11/2018; Sold Date: 04/20/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Basalt)

MLS #149787 – Lazy O Ranch Sub, 1500 Lazy O, Snowmass, CO: Sold Price: $4,100,000/$726 sq ft. More details below photos.

MLS #149787 – Lazy O Ranch, 1500 Lazy O, Snowmass, CO: Sold Price: $4,100,000/$726 sq ft. Snowmass single family home for sale. Ask Price: $4,450,000. (Original Price: $4,750,000 and 286 days on the market since 06/30/2017. Prior sale $2.6M on 12/03/16.) This is a 1999 built and 2017 remodeled, 5 bedroom/3 bath/2 half-bath, 5,645 sq ft home with 3 care garage on a 5.7 acres lot. Broker comments are “Contemporary living on managed ranch move right in to this exceptional newly renovated 5 bedroom home on the fabulous Lazy O Ranch where you experience ranch life without the work. Ride horses, fish, play tennis and much more, This home has big views of the Elk Mt Range including Mt. Sopris It has a fabulous open floor plan with cathedral ceilings. The master is on the entry floor and the big three car garage has room for all of your toys. There is no below grade space.It comes furnished and including artwork. All brand spanking new. Private one mile of fishing access of capital creek and stocked ponds for fishing on the ranch. About a short 20 minute drive to Aspen.” 2016 taxes: $15,881; HOA Dues: $15,000 per Yr. Under Contract Date: 02/11/2018; Sold Date: 04/12/2018. (Photos and broker comments courtesy of Engel & Völkers)

MLS #148903 – Capitol Peak, 110 Carriage Way 3310, Snowmass Village, CO: Sold Price: $1,100,000/$920 sq ft; furnished. More details below photos.

MLS #148903 – Capitol Peak, 110 Carriage Way 3310, Snowmass Village, CO: Sold Price: $1,100,000/$920 sq ft; furnished. Snowmass Village condo for sale. Ask Price: $1,225,000. (Original Price: $1,225,000 and 371 days on the market since 04/10/2017.) This is a 2008 built, 2 bedroom/2 bath, 1,195 sq ft condo. Broker comments are “Capitol Peak 3310- Prime location ski in/ski out 2 bedroom condominium in the coveted Base Village directly across from the Elk Camp Gondola. This corner unit has floor to ceiling windows and two decks to take in the views and watch the activity of the village below. Expert or beginner skiers can enjoy this turn-key property just steps from the lifts with the convenience of a private ski locker at the entry of the building. Excellent rental history in the heart of Snowmass Village, and walking distance to all the restaurants, entertainment and shopping at your leisure.” 2017 Taxes: $7,842; HOA Dues: $21,449 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/14/2018; Sold Date: 04/16/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)

MLS #149593 – Shield O Terrace, Vacant land, TBD Old Pond Way, Snowmass, CO: Sold Price: $471,000. More details below photos.

MLS #149593 – Shield O Terrace, Vacant Land, TBD Old Pond Way, Snowmass, CO: Sold Price: $471,000. Snowmass vacant lot for sale. Ask Price: $395,000. (Original Price: $395,000 and 305 days on the market since 06/19/2017.) This is a 2.4 acres single family vacant lot. Broker comments are “Build your Rocky Mountain getaway on this 2.4-acre lot nestled in beautiful, idyllic Snowmass Creek Valley with spectacular views of the Snowmass Ski Area and the forests of Wildcat Ranch. Your compound can consist of a home, garage, barn or stable, and guest house. Electric to the lot and well in place (tested at 15 gpm). Located 20 minutes from Basalt and 30 minutes to Aspen.” 2017 taxes: $6,541; HOA Dues: $1,000 per Yr. Under Contract Date: 03/12/2018; Sold Date: 04/20/2018. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices|Aspen Snowmass Properties)

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