The Estin Report Aspen Snowmass Real Estate Weekly Market Update: (4) Closed and (8) Under Contract: April 11 – 18,10

Here is Aspen, Snowmass Village, Woody Creek and Old Snowmass – the upper Roaring Fork Valley – real estate sales activity for all property types over $250,000, excluding fractionals, in the past week. For property comparisons, see

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The Estin Report: Aspen Snowmass Weekly Real Estate Sales Statistics April 11 – 18, 2010
Closed (4): MLS#’s – 108846, 106415,106493, 112419 Link is valid for 30 days until 5/18/2010.

MLS # 108846 – Durant Condo #302B, 728 S. Galena, Aspen, CO: Sold Price: $1,466,500/$1,222 sq ft; Ask Price: $1,700,000/$1,417 sq ft (Original Price: $2,200,000. and 469 days on the market since 12/28/2008). This is 3bdrm/2Ba, 1200 sq ft 1983 built condo in a very well-located complex called Durant Condos between the Aspen Mountain Gondola and Lift 1-A. As the 1st photo documents, the unit has killer west facing sunset view. 2007 Taxes: $3,623. (Photo and description courtesy of Joshua & CO Real Estate).

MLS # 106415 – 40 Northstar Circle, Aspen, CO: Sold Price: $13,350,000/$1,174 sq ft; Ask Price: $14,500,000. (Original Price:$16,700,000 and days on the market 638 since 7/17/2008). This is a beautiful 2000 built/2006 remodeled 6 bdrm/6 bath and 4 half bath, 11,369 sq ft home with 3-car garage on 1.3 acres approximately 3/4 miles east of the center of town. The list broker’s description is, “French Country chateau less than 1 flat mile from the gondola, on 1.3 acres that includes 6 ponds, 3 waterfalls, a jacuzzi, and a fire pit. Features include an English Gentleman’s pub, theater, wine room, library, recreation room, 2 offices, exercise room, 2 laundry rooms, hand carved marble gas fireplace in the great room, 5 additional gas fireplaces, gourmet kitchen, huge reclaimed timber beams, radiant heat, & a cylindrical 600 gallon saltwater aquarium with tropical fish.” 2009 Taxes:$28,038; HOA Dues: $7,500 Yr.(Photos and property description courtesy of Morris & Fyrwald/Sotheby’s International Real Estate)

MLS # 106493 – Aspen Alps Condo #111 at 700 Ute Ave, Aspen, CO: Sold Price: $1,500,000/$1,327 sq ft; Ask Price: $1,850,000/$1,637 sq ft (Original Price: $2,500,000 and 630 days on the market since 7/21/2008). This is a 2 bdrm/2 bath, 1,130 sq ft 2005 remodeled condo at the Aspen Alps at the base of Aspen Mountain.Broker description, “Sought after top floor unit in the 100 building. Folding/pocket wall creates a third bedroom ( with two murphy beds). Views of Aspen Mountain and the gondola.” 2009 Taxes: $4,957; HOA Dues: $1,322 mos.(Photos and property description courtesy of Carol Dopkin Real Estate)

MLS # 112419 – 8 Ute Place, Aspen, CO: Sold Price: $7,500,000/$1,324 sq ft; Ask Price: $7,900,000/$1,395 sq ft (Original Price: $9,500,000 and 260 days on the market since 7/27/2009). This is a 6 bedroon/ 7.5 bath, 5,664 sq ft 1988 built/2005 remodeled single family home with 2-car garage on .55 acres located approximately 3-4 blocks from the Aspen Mountain Gondola off Ute Ave.The description is, “Classy home in the downtown core of Aspen on over half an acre at the prestigious “Ute Place”. Features include beautiful furnishings & accessories, 6 bedrooms, 7.5 baths, 5664 square feet, soaring vaulted ceilings, wood-burning fireplace, office, recreation room, radiant heat, deck & patios for entertaining, and a two car garage with abundant storage. Very private home site!” 2008 Taxes: $14,907; HOA Dues: $20,066 Yr.(Photos and property description courtesy of Morris & Fyrwald, Sotheby’s International Real Estate and Joshua & Co of Aspen, Inc)

Under Contract/Pending (8): MLS #’s – 115477, 113524, 105368,102838, 115601, 115625, 111059, 113619. Link is valid for 30 days until5/18/2010. Photos of under contract properties are not posted unless special circumstances dictate.