June 10 – 17, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (9) + Under Contract / Pending (7)

May 2018 Aspen Real Estate Market Reports – the Estin Report May 2018 Monthly Snapshot was released Tues 6/5/18 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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June 10 – 17, 2018 Aspen CO real estate market activity, Week 24

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 (9):  MLS#s: 133316, 147342, 149431, 149710, 151962, 152631, 152887, 154569, 154599. This link is valid until 7/17/2018.

Under Contract/Pending (7): MLS#s: 142792, 151558, 152594, 152598, 152645, 153579, 154171. This link is valid until 7/17/2018.

Sold Properties Last Week:

MLS #154569 – Pitkin Green, Red Mountain, 1099 Willoughby Way, Aspen, CO: Sold Price: $13,200,000/$1,791 sq ft; partial-furnished. More details below photos.

MLS #154569 – Pitkin Green, Red Mountain, 1099 Willoughby Way, Aspen, CO: Sold Price: $13,200,000/$1,791 sq ft; partial-furnished. Aspen home for sale. Ask Price: $14,950,000. (Original Price: $14,950,000 and 1,100 days on/off the market since 01/02/2014.) This is a 1991 built and 2012 remodeled, 6 bedroom/7 bath/2 bath, 7,369 sq ft home with 2 car garage on a 1.18 acres lot. Tim’s notes: Log homes, even with a prestigious address like this one, are a difficult sell – it took almost 4 1/2 yrs to get it done with this property.  Two recent sales in the past few weeks may have helped: 1) 941 Ute Ave, a 1990’s large remodeled 2017 log home that sold for $13.3M/$2,785 sq ft (See 05/28 blog); 2) 848 Willoughby, a teardown lot sale at $12.1M on 5/23/18 that was re-listed two weeks after closing at $15.995M. (See 4/23/18 blog). Also see before/after photos and details of these 2 properties in the Flip Jobs Section. Broker comments are “Resting on 1.18 acres on coveted Willoughby Way, this quintessential mountain home offers the combination of grand yet inviting interiors and breathtaking views from the outdoor entertaining areas. The home hosts 6 bedrooms, including a main-level master suite complete with a sitting room and 2 master bathrooms. The great room is generously proportioned with soaring ceilings, a large dry stacked stone fireplace, an abundance of natural light, impressive views from Aspen Mtn. to Buttermilk and is the ideal space for entertaining. Wide plank white Oak floors and Bulthaup kitchen and guest kitchen provide a contemporary modern quality to the residence. With impressive views from nearly every room, this comfortable home provides superb living in one of the most prestigious locations in Aspen.” 2017 taxes: $24,481. Under Contract Date: 06/11/2018; Sold Date: 06/12/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #149710 – Mountain Valley, East Aspen, 100 Mountain Laurel Court, Aspen, CO: Sold Price: $3,295,000/$1,179 sq ft. More details below photos.

MLS #149710 – Mountain Valley, East Aspen, 100 Mountain Laurel Court, Aspen, CO: Sold Price: $3,295,000/$1,179 sq ft. Aspen home for sale. Ask Price: $3,495,000. (Original Price: $3,575,000 and 349 days on the market since 06/27/2017.The seller paid $2.3M on 02/08/17.) This is a 1967 built and 2017 remodeled, 4 bedroom/3 bath, 2,794 sq ft home with 1 car garage on a 19,301 sq ft lot. Broker comments are “Mountain Laurel Springs is located at the end of a cul-de-sac on Mountain Laurel Ct just east of the core of Aspen. This private 19,301 sq. ft. lot backs up to US Forest Service. There is a waterfall cascading into a lower pond, surrounded with mature Aspen Trees, Blue Spruce & views from Independence Pass to Aspen Mt. The charming home completely remodeled Nov 2017, is warm, inviting & being sold furnished. The home is a split level with two bedrooms, a bath & a large laundry and storage room on the first floor that walks up an airy open stairway to a great room. The great room is two stories with open kitchen, dining & living area. Just off the living room is the master bedroom & master bath with large walk-in closet & private deck to the Hot Tub. Great Rental Income. Above the great room, is an office loft with a full bathroom & queen bed. Step outside to a large private deck that has a hot tub, gas barbecue & outdoor dining surrounded with the sounds of the water coming down the hillside into the pond. Most importantly this neighborhood is serviced by your own private shuttle service that picks you up at your door & takes you to & from the Aspen City Center. If you want additional square footage there is more to add. Enjoy entertaining and relaxing in this private home.” 2016 taxes: $4,722; HOA Dues: $200 per Yr. Under Contract Date: 05/21/2018; Sold Date: 06/11/2018. (Photos and broker comments courtesy of Compass)

MLS #152887 – Clasen Pecjack, West Aspen, 30 Maroon Court, Aspen, CO: Sold Price: $2,279,500/$759 sq ft; unfurnished. More details below photos.

MLS #152887 – Clasen Pecjack, West Aspen, 30 Maroon Court, Aspen, CO: Sold Price: $2,279,500/$759 sq ft; unfurnished. Aspen homes for sale. Ask Price: $2,350,000. (Original Price: $2,350,000 and 98 days on the market since 03/05/2018.) This is a 1965 built, 5 bedroom/5 bath/1 half-bath, 3,003 sq ft home with 1 car garage on a 15,427 sq ft lot. Tim’s Notes: This is a teardown lot sale of a property just off Hwy 82, west of the roundabout, in the Maroon Court area with 3-4 similar older teardown type properties presently under contract in the low $2M’s – ripe for re-development. The area will be transformed with new Aspen homes in 3 years.  Just across the street is a beautiful 2007 contemporary home for sale at $12.995M/$1,398 sq ft with 6 bdrms/7 baths on 1+ acre lot, a relative bargain for an almost new contemporary home in or near the town of Aspen. Contact Tim 970.309.6163 or email for sales info and a showing.  Broker comments are “Great opportunity to own a single family home in Aspen! Live in the home or or rent it out while you draw up plans for your new home, which is zoned for over 5,000 square feet. This 5-bedroom 4-bathroom, 3,003 square foot home sits on 1/3 of an acre. Conveniently located 2 miles from downtown Aspen, close proximity to schools and the Aspen Rec. Center, easy access to free bus to downtown Aspen and Snowmass. Hop on the cross-country ski trails or bike trails from the back door or walk across the street to the golf course. The main level open floor plan of kitchen, living and dining areas are perfect for entertaining with floor to ceiling windows taking in the mountain views of Highlands and Buttermilk. On the entry level, there is a second living area with wood-burning fireplace, laundry room and bathroom. Step outside onto the patio to enjoy mountain views while outdoor grilling.The en suite master bedroom, located on the second floor, has an outdoor balcony with views. The home is complete with one car garage and storage shed for your mountain gear. Great rental history. Small subdivision with no HOA fees including paved road and driveway.” 2017 taxes: $4,105. Under Contract Date: 04/17/2018; Sold Date: 06/11/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)

MLS #152631 – Sagewood Townhomes, West End, 910 W Hallam 11, Aspen, CO: Sold Price: $810,000/$1,058 sq ft; furnished. More details below photos.

MLS #152631 – Sagewood Townhomes, West End, 910 W Hallam 11, Aspen, CO: Sold Price: $810,000/$1,058 sq ft; furnished. Aspen condos for sale. Ask Price: $859,000. (Original Price: $895,000 and 119 days on the market since 02/13/2018. Seller paid $570,000 on 05/14/13.) This is a 1970 built and 2013 remodeled, 2 bedroom/1 bath, 765 sq ft condo. The property is located between the Castle Creek Bridge and the S-turn at the entry of Aspen. A bus stop and a We-Cycle station is right out the front door of this complex heading to either Aspen or Snowmass Village and down valley.  Broker comments are “A fresh newly remodeled top floor Aspen Condominium boasts clean contemporary architectural details and smart design, making every inch count. White french oak floors, granite countertops, cherrywood cabinets, wood burning fireplace and Ralph Lauren and Restoration Hardware furnishings, this condo is a very stylish and elegant take on clean living. Modern audio system, Bose TV system and phone controlled lighting throughout with skylights and soaring ceiling fostering lots of natural light. New washer/dryer in unit laundry closet. Second bedroom has a pull down Murphy bed and built in bookshelves allowing the room to be used as an office or bedroom. Sliding glass door onto an evergreen – shaded deck with built in cushioned love seat. Pet friendly building. Easy bike, walk or downtowner into town, minutes away from the music tent and BRT bus stop just steps away. Ski locker and assigned parking spot. This home is a very convenient and resourceful way to live. HOA: Current Reserve study and corresponding allocation. Seller is listing broker and is a licensed real estate broker in the State of Colorado.” 2018 taxes: $1,631; HOA Dues: $1,679 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/09/2018; Sold Date: 06/12/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #149431 – Obermeyer Place, Central Core, 601 Rio Grande Place 008 A & B, Aspen, CO: Two underground downtown Aspen parking spaces with extra storage room. Sold Price: $320,000/$800 sq ft; furnished. More details below photo.

MLS #149431 – Obermeyer Place, Central Core, 601 Rio Grande Place 008 A & B, Aspen, CO: Sold Price: $320,000/$800 sq ft; furnished. Aspen commercial industria for sale – Two underground downtown Aspen parking spaces with extra storage room. Ask Price: $350,000. (Original Price: $350,000 and 363 days on the market since 06/06/2017.) This is a 2007 built, 1-5 units, 400 sq ft commercial industria. Broker comments are “Private, secure downtown 2 Aspen garages for parking and storage needs. Located just blocks from Main Street, restaurants, shopping and skiing.” 2016 taxes: $2,608; HOA Dues: $1,592 per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/04/2018; Sold Date: 06/04/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #133316 – 677 & 964 Lower River Road, Snowmass, CO: Sold Price: $2,300,000/$457 sq ft; unfurnished. Old Snowmass Riverfront Homestead. More details below photos.

MLS #133316 – 677 & 964 Lower River Road, Snowmass, CO: Sold Price: $2,300,000/$457 sq ft; unfurnished. Old Snowmass ranch homestead for sale. Ask Price: $2,500,000. (Original Price: $4,250,000 and 3,320 days on the market since 06/17/2011.) This is a 1924 built, 5 bedroom/2 bath/1 half-bath, 5,030 sq ft ranch on a 159 acres lot. Tim’s Notes: The property is sandwiched between Lower River Rd and Hwy 82. While the photos are bucolic, the homestead is significantly impacted by its visual proximity to the highway and road noise. The fishing is terrific and the property could be a horse lover’s delight or corporate retreat only 20 minutes to Aspen. Broker comments are “The Wheatley Homestead on the Roaring Fork. This is a 159 acre property with a multiple acre building envelop with 8250 square feet allowed with purchase of a TDR. The historic Wheatley Ranch was homesteaded in 1891 and the current owners are just the 3rd owners since. Further amenities include almost 1 mile of “Gold Medal” Roaring Fork River frontage, 3 spring-fed ponds, irrigated pastures and senior water rights. Improvements include 2 bed / 1 bath historic School House, 3 bed / 2 bath Farm House, multiple historic log cabins, hay barn and outbuildings. Perfect for the horse lover or fisherman. Property’s character and privacy benefits from protected Conservation Easement.” 2017 taxes: $5,189. Under Contract Date: 04/27/2018; Sold Date: 06/13/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #151962 – Horse Ranch, 950 Horse Ranch Drive, Snowmass Village, CO: Single Family Home. Sold Price: $4,100,000/$930 sq ft; furnished. More details below photos.

MLS #151962 – Horse Ranch Sub., 950 Horse Ranch Drive, Snowmass Village, CO: Single Family Home. Sold Price: $4,100,000/$930 sq ft; furnished. Snowmass Village homes for sale. Ask Price: $4,550,000. (Original Price: $4,550,000 and 184 days on the market since 12/11/2017.) This is a 2007 built, 4 bedrooom/4 bath/1 half-bath, 4,407 sq ft home with 2 car garage on a 23,291 sq ft lot. Tim’s Notes: The Horse Ranch subdivision in Snowmass Village has seen 8 closings and 2 Under Contracts in the past 12 months at a price range of $2.4 – $5.95M. This beautiful area surrounded by expansive open space offers larger Snowmass homes built in the late 1990’s and forward with tremendous Snowmass Mountain and Mt. Daly to Independence Pass views. There are currently 2 homes for sale (and 2 pending that could fall out of contract.) Call Tim Estin at 970.309.6163 or email for info and showings.  Broker comments are “Thoughtfully designed Horse Ranch home offering expansive views of Aspen Mountain, Buttermilk, Highlands, and Snowmass Ski areas. This home, situated on just over half an acre, features 4,407 square feet with 4 bedrooms, 4.5 bathrooms and a 2 car garage. Custom built features include hand hewn hard wood floors, exquisite beam trusses, stone fireplaces and finely detailed wood and granite finishes. Outdoor spaces include expansive walk-out decks, patio terraces, fire pit, hot tub and extensive landscaping, including a beautiful water feature.” 2016 taxes: $13,863; HOA Dues: $190 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/26/2018; Sold Date: 06/13/2018. (Photos and broker comments courtesy of Compass)

MLS #147342 – Deerbrook Townhomes, 381 Ridge Road C-5, Snowmass Village, CO: Sold Price: $2,100,000/$730 sq ft; furnished. More details below photos.

MLS #147342 – Deerbrook Townhomes, 381 Ridge Road C-5, Snowmass Village, CO: Sold Price: $2,100,000/$730 sq ft; furnished. Snowmass Village home for sale. Ask Price: $2,750,000. (Original Price: $2,950,000 and 515 days on the market since 01/13/2017.) This is a 1990 built, 4 bedrooom/4 bath/1 half-bath, 2,874 sq ft townhome. Broker comments are “One of the best ski in/out locations in all of Snowmass Village. This spacious Deerbrook townhouse is the lowest/first townhouse in the entire complex; located next door to the Timbers Club and directly across from the Viceroy Hotel on Assay Hill. 4 spacious, en suite bedrooms, 4 1/2 baths and almost 3000 sq ft including a one car garage and private hot tub. Fantastic views! Being sold furnished, turn key.” 2017 taxes: $8,691; HOA Dues: $2,164 per Month. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/13/2018; Sold Date: 06/12/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #154599 – Homestead at Snowmass, 3904 Brush Creek Road, Snowmass Village, CO: Sold Price: $1,830,000/$740 sq ft. More details below photo.

MLS #154599 – Homestead at Snowmass, 3904 Brush Creek Road, Snowmass Village, CO: Sold Price: $1,830,000/$740 sq ft. Snowmass Village home for sale. Ask Price: $1,830,000. (Original Price: $1,830,000 and 269 days on the market since 01/25/2017.) This is a 1988 built, 3 bedrooom/3 bath/1 half-bath, 2,470 sq ft home. No broker comments. 2018 taxes: $5,466. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/06/2018; Sold Date: 06/06/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

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