2003 Built Home on Crystal Lake Road Sells for $19M/$1,850 sq ft

Feb. 25 – Mar 4, 2018 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (13) + Under Contract / Pending (10)

Estin Report Feb 2018 Aspen CO Real Estate Market Monthly Snapshot was released Mar 5, 2018 in Current Reports The market snapshots are released on or about the 1st Monday of the month.

Blog Post

Market Activity Week 9, Feb. 25 – Mar 4, 2018

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 (13):  MLS#s: 141626, 143855, 145373, 146366, 148633, 150365, 150922, 151309, 151793, 151997, 152192, 152720, 152827. This link is valid until 4/3/2018.

Under Contract/Pending (10): MLS#s: 144508, 139848, 147212, 149890, 150605, 150859, 151712, 152052, 152256, 152765. This link is valid until 4/3/2018.

Sold Properties Last Week:

MLS #141626 – Callahan, East Aspen, 1449 Crystal Lake Road, Aspen, CO: Sold Price: $19,000,000/$1,850 sq ft; furnished. More details below photos.

MLS #141626 – Callahan, East Aspen, 1449 Crystal Lake Road, Aspen, CO: Sold Price: $19,000,000/$1,850 sq ft; furnished. Aspen single family home for sale. Ask Price: $25,000,000. (Original Price: $25,000,000 and 842 days on the market since 11/10/2015. The seller was Barbara Fleck who paid $4.25M for the land in Jun 1999; the buyer was CG Crystal Lake Holdings.) This is a 2003 built, 4 bedroom/5 bath/3 half-bath, 10,267 sq ft single family home with 2 car garage on a 1.46 acres lot. Broker comments are “Listen to the sounds of the Roaring Fork River while enjoying views of both Independence Pass and Aspen Mountain’s Silver Queen Gondola. This home backs up to 30 acres of common space that includes a stocked pond, pasture and picnic grounds. Seven fireplaces, two of which were imported from England and France, an upper-level Master Wing, vast outdoor living space, cabinetry sourced from England, and grand vaulted living room ceilings complete with barn salvaged beams, finish off this home designed by well-known architect, Robert Trown. Sale is for the Main House only (4BR, 5 Full Bath, 3 Half Bath, 10,267 sq.ft.)” 2016 taxes: $25,590; HOA Dues: $7,000 per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/04/2017; Sold Date: 03/01/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Durant)

MLS #152827 – Downtown Aspen Central Core, 602 E Hyman Avenue, Aspen, CO: Sold Price: $12,000,000 sq ft. The property sold previously on 6/19/12 for $6.7M. More details below photos.

MLS #152827 – Downtown Aspen Central Core, 602 E Hyman Avenue, Aspen, CO: Sold Price: $12,000,000 sq ft. Aspen commercial industria for sale. Asking Price; $14,000,000. (Original Price: $14,000,000 and 56 days on the market since 01/02/2018. The prior sale of the property was on 6/19/12 at $6.7M. See Flip Jobs 602 E. Hyman.) This is a 1960 built, 7,071 sq ft commercial industria on a 6,000 sq ft lot. The building has approval rights for an additional 1,800 sq ft to add to the existing structure. That additional sq footage is for a penthouse addition, applied for just weeks before the City imposed a downtown penthouse moratorium in the spring of 2012 limiting free market residential units to 2,000 sq ft. Residential apartments are no longer allowed in the downtown core. See Ordinance 29 and other City of Aspen land use code changes enacted in March 2017.  According to City building department files, the cost of the building renovation was estimated to be $3.6M in the summer of 2016. No broker comments. 2017 taxes: $59,294. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/11/2018; Sold Date: 02/27/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #145373 – Williams Subdivision, Smuggler Area, 520 Walnut Street, Aspen, CO: Sold Price: $5,950,000/$1,331 sq ft; furnished. More details below photos.

MLS #145373 – Williams Sub, Smuggler Area, 520 Walnut Street, Aspen, CO: Sold Price: $5,950,000/$1,331 sq ft; furnished. Aspen single family residence for sale. Ask Price: $6,200,000. (Original Price: $6,200,000 and 490 days on the market since 07/27/2016.) This is a 1999 built and 2009 remodeled, 4 bedroom/4 bath/1 half-bath, 4,470 sq ft single family residence with 2 car garage on a 5,625 sq ft lot. Broker comments are “This beautifully eclectic mountain contemporary Aspen retreat is a 4+ bedroom, 4 and one half bath home located within an easy stroll of downtown Aspen. Designed by award winning architect Gretchen Greenwood, the design pays tribute to Aspen’s mining history and our surrounding mountains. Reclaimed Douglas Fir, Cyprus, Clearheart Redwood and Oak woods create warmth and character. HOPE’S windows and doors, radiant heat, air conditioned bedrooms, a spacious deck and views of Aspen Mountain make this one-of-a-kind home a special place for full or part time living. The conditional use detached historic cabin can be utilized in a variety of ways, including fifth bedroom with full bath, yoga studio or office. The entertainment room has beautiful custom built-in Walnut cabinets and bookcases.” 2015 taxes: $10,466. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/12/2018; Sold Date: 02/28/2018. (Photos and broker comments courtesy of Wendy Lucas Aspen)

MLS #151309 – Park Avenue Townhome, Smuggler Area, 407 Park Avenue Unit A, Aspen, CO: Sold Price: $4,000,000/$1,480 sq ft; partial-furnished. More details below photos.

MLS #151309 – Park Avenue Townhome, Smuggler, 407 Park Avenue Unit A, Aspen, CO: Sold Price: $4,000,000/$1,480 sq ft; partial-furnished. Aspen townhouse for sale. Ask Price: $4,350,000. (Original Price: $4,595,000 and 141 days on the market since 10/05/2017.) This is a 1989 built and 2016 remodeled, 3 bedroom/2 bath/2 half-bath, 2,702 sq ft townhouse with 2 car garage. Broker comments are “This stunning contemporary Aspen townhome with a sophisticated top of the line remodel is located in a charming Aspen neighborhood walking distance to everything. Abundant light and an open floor plan highlight this to the studs remodel by Craig Barnes Construction in 2016, designed by Z Group Architects. Wide plank white oak flooring and plaster walls are throughout. The kitchen features custom cabinetry by Heartwood, solid slab stone counter tops, and a gorgeous Viking Tuscany oven with five-burner gas range. A walnut live edge bar seats four with dining room bench seating for another eight, ideal for entertaining. The spacious master bedroom features a custom Calacatta marble master bath and sauna. The master bedroom walks out to an enclosed Zen live patio. Enjoy Aspen Mountain views and the sounds of a seasonal stream from the south facing living room patio. The ultimate oversized two-car garage including epoxy flooring, sheet metal ceiling with custom lighting, cleaver bike and gear storage, dog wash, and locally sourced beetle kill storage racks, offers plenty of storage for all of your toys. Herron Park, the start of the Rio Grande Trail, is two blocks away and Smuggler Mountain is nearby. This is the perfect downtown location for your full or part time home with the finest finishes.” 2016 taxes: $5,886; HOA Dues: $917 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/19/2017; Sold Date: 02/23/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #151793 – Fifth Ave Condo, Central Core, 800 S Mill Street 7, Aspen, CO: Sold Price: $1,250,000/$1,166 sq ft; furnished. More details below photos.

MLS #151793 – Fifth Ave Condo, Central Core, 800 S Mill Street 7, Aspen, CO: Sold Price: $1,250,000/$1,166 sq ft; furnished. Aspen condo for sale. Ask Price: $1,250,000. (Original Price: $1,250,000 and 91 days on the market since 11/28/2017.) This is a 1965 built, 3 bedroom/2 bath, 1,072 sq ft condo. Broker comments are “A true ski-condo legacy offered for the first time. Located in the newly renovated Fifth Avenue complex, this end unit is all one level, above grade and full of natural light. Brand new furnishings included, this condo is technically two bedrooms, but has an extended living room that acts as a third. Ski access is just across the street and parking is conveniently located outside the front door. Other features include a private patio, wood-burning fireplace and nice views.” 2016 taxes: $2,061; HOA Dues: $3,178 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/06/2017; Sold Date: 02/27/2018. (Photos and broker comments courtesy of Compass)

MLS #143855 – Old Snowmass, 3500 Snowmass Creek Road, Snowmass, CO: Sold Price: $10,250,000/$1,793 sq ft; furnished. More details below photos.

MLS #143855 – Old Snowmass, 3500 Snowmass Creek Road, Snowmass, CO: Sold Price: $10,250,000/$1,793 sq ft; furnished. Old Snowmass single family home for sale. Ask Price: $11,000,000. (Original Price: $12,500,000 and 1,251 days on the market since 12/18/2014.) This is a 2014 built, 5 bedroom/5 bath/1 bath, 5,715 sq ft single family residence with 2 car garage on a 75.65 acres lot. Broker comments “Ranch living at its finest! Creekside Ranch is a luxurious 75+ acre ranch situated on Snowmass Creek. Artfully designed by CCY Architects this 5 bedroom, 5.5 bath home has stunning views of the Snowmass ski area and surrounding mountains. Enjoy the convenience being located just 15 minutes from Aspen or Basalt. Open and spacious living room perfect for entertaining, the open floor plan allows for large gatherings. The sliding doors open up to a beautiful patio with an outdoor kitchen, Jacuzzi, gas fire pit & plenty of room to entertain. Enjoy the eat-in kitchen with breakfast nook and bar, Wolf Stove, microwave and warming drawer, Sub-Zero oversized refrigerator, wet bar with wine refrigerator, double icemaker & oversized pantry. Get cozy in the state of the art media room off the kitchen.” 2014 Taxes: $42,600. Under Contract Date: 11/11/2017; Sold Date: 02/28/2018. (Photos and broker comments courtesy of Compass)

MLS #150922 – Lazy O Ranch, 1000/1002 Lazy O Road, Snowmass, CO: Sold Price: $4,900,000/$657 sq ft; furnished. More details below photos.

MLS #150922 – Lazy O Ranch, 1000/1002 Lazy O Road, Snowmass, CO: Sold Price: $4,900,000/$657 sq ft; furnished. Old Snowmass single family home for sale. Ask Price: $4,995,000. (Original Price: $5,150,000 and 163 days on the market since 09/19/2017.) This is a 2006 built, 5 bedroom/5 bath/2 bath, 7,453 sq ft single family residence with 3 car garage on a 7.83 acres lot. Broker comments “Serenity Found! Located in Old Snowmass in the heart of the 1,500 acre Lazy O Ranch, this spectacular home enjoys a private and peaceful setting with commanding views of the mountains and lush green pastures below. Thoughtfully designed by Studio B Architects, this spacious residence consists of five bedrooms, including the two bedroom, two bath guest residence and 7,453 square feet of improvements. The living and dining areas are gracious and warm and spill out onto the deck for great entertaining and evening sunsets. Sweeping views and beautiful light throughout. The gourmet kitchen is designed to have friends and family together with its breakfast and family den adjacent to the chef. The back patio is equally perfect for entertaining with outdoor dining, firepit and fun.” 2017 Taxes: $14,279; HOA Dues: $15,000 per Yr. Under Contract Date: 12/01/2017; Sold Date: 03/01/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #146366 – Stonebridge Condos, 30 Anderson Lane #910, Snowmass Village, CO: Sold Price: $1,000,000/$756 sq ft; furnished. More details below photos.

MLS #146366 – Stonebridge Condos, 30 Anderson Lane #910, Snowmass Village, CO: Sold Price: $1,000,000/$756 sq ft; furnished. Snowmass Village condo for sale. Ask Price: $1,150,000. (Original Price: $1,295,000 and 532 days on the market since 09/15/2016.) This is a 1969 built, 3 bedroom/3 bath, 1,322 sq ft condo with 1 car garage. Broker comments “Corner location, front and center on Fanny Hill…ideal location for all generations. Large 2 bedroom + den that can be made private with an accordion wall and pull-down murphy bed, includes 3 full baths. Bright and airy, with two decks, spacious interiors and access to extensive amenities including covered parking, beautifully landscaped pool, spa, fitness facility and large (6×8) private owner storage. Great rental, coveted location with views and total convenience. One of the most loyal and impeccable management teams and solid association & board of directors in the village.” 2017 Taxes: $3,263; HOA Dues: $17,825 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/30/2018; Sold Date: 03/01/2018. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)

MLS #151997 – Seasons 4, 34 Lower Woodbridge Road #170, Snowmass Village, CO: Sold Price: $625,000/$497 sq ft; furnished. More details below photos.

MLS #151997 – Seasons 4, 34 Lower Woodbridge Road #170, Snowmass Village, CO: Sold Price: $625,000/$497 sq ft; furnished. Snowmass Village condo for sale. Ask Price: $649,000. (Original Price: $649,000 and 70 days on the market since 12/15/2017.) This is a 1971 built and 2004 remodeled, 3 bedroom/2 bath, 1,256 sq ft condo. Broker comments “Meticulously maintained, cute, comfortable 3 bedroom Snowmass Seasons 4 condo. Great views of the ski hill and located close to the Village Bus Shuttle stop. Ski to within 200-300 yards of the unit over Woodbridge. With a remodel in 2005 and upgraded kitchen and baths, this unit is not to be missed for either the primary resident looking for housing in Aspen School District or ski area personelle seeking elbow room… Third bedroom is a non conforming loft. Please note Pitkin Assessor has 34 Upper Woodbridge Road and the physical address is 34 LOWER Woodbridge Road.” 2016 Taxes: $1,782; HOA Dues: $1,850 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/14/2018; Sold Date: 02/23/2018. (Photos and broker comments courtesy of McKinley Sales)

MLS #148633 – Aspenwood, 600 Carriage Way Unit K-A, Snowmass Village, CO: Sold Price: $540,000/$550 sq ft; furnished. More details below photos.

MLS #148633 – Aspenwood, 600 Carriage Way Unit K-A, Snowmass Village, CO: Sold Price: $540,000/$550 sq ft; furnished. Snowmass Village condo for sale. Ask Price: $568,000. (Original Price: $585,000 and 306 days on the market since 04/27/2017.) This is a 2010 built, 2 bedroom/2 bath, 981 sq ft condo. Broker comments “Like new condition. 2 bedroom/ 2 bathroom condominium located just steps from the Snowmass Village Mall and Fanny Hill. Built in 2010 constructed with high end finishes to include stainless steel appliances, hardwood floors, granite countertops, stackable washer/ dryer, custom blinds and beautifully furnished. A perfect ski slope getaway.” 2017 Taxes: $1,824; HOA Dues: $3,810 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/04/2018; Sold Date: 02/27/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #152720 – Assay Hill Lodge, 130 Wood Road 435, Snowmass Village, CO: Sold Price: $472,500/$818 sq ft; furnished. More details below photos.

MLS #152720 – Assay Hill Lodge, 130 Wood Road 435, Snowmass Village, CO: Sold Price: $472,500/$818 sq ft; furnished. Snowmass Village condo for sale. Ask Price: $472,500. (Original Price: $472,500 and 14 days on the market since 02/15/2018.) This is a studio, 577 sq ft condo. No broker comment. 2018 Taxes: $3,246; HOA Dues: $15,125 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/15/2018; Sold Date: 03/01/2018. (Photos and broker comments courtesy of SV Real Estate)

MLS #150365 – Seasons 4, 35 Lower Woodbridge Road 105, Snowmass Village, CO: Sold Price: $450,000/$474 sq ft; furnished. More details below photos.

MLS #150365 – Seasons 4, 35 Lower Woodbridge Road 105, Snowmass Village, CO: Sold Price: $450,000/$474 sq ft; furnished. Snowmass Village condo for sale. Ask Price: $475,000. (Original Price: $497,000 and 205 days on the market since 08/07/2017.) This is a 1971 built, 2 bedroom/2 bath, 948 sq ft condo. Broker comments are “Excellent rental income producer. The lowest HOA dues in Snowmass Village. Uniquely private and quiet location. Sunny, cheerful, corner unit, on the Town Shuttle line, steps from ski access and the rejuvenated Base Village. This property is equipped with brand new appliances, light & bright living area, high efficiency wood burning fireplace, community landscaping, pool, hot tub, and outdoor fire pit. Enjoy the convenience of a five minute walk to the Snowmass Center grocery store, shops, and restaurants.” 2017 Taxes: $1,396; HOA Dues: $1,523 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/16/2017; Sold Date: 02/28/2018. (Photos and broker comments courtesy of Compass)

MLS #152192 – Assay Hill Lodge, 130 Wood Road 626, Snowmass Village, CO: Sold Price: $260,000/$678 sq ft; furnished. More details below photos.

MLS #152192 – Assay Hill Lodge, 130 Wood Road 626, Snowmass Village, CO: Sold Price: $260,000/$678 sq ft; furnished. Snowmass Village condo for sale. Ask Price: $260,000. (Original Price: $260,000 and 47 days on the market since 01/12/2018.) This is a 2009 built, studio/1 bath, 383 sq ft condo. Broker comments are “Well priced studio with views overlooking Assay Hill. Owning an exquisite Viceroy residence provides the luxuries of a resort hotel plus all the comforts of home. In an unsurpassed ski-in/ski-out location in the new Snowmass Base Village, now coming to life with a $600 million transformation. The Viceroy is showcasing more than $4 million in renovations and expansions. These include the new Toro Latin Kitchen and Lounge, a redesigned main lobby with an ultramodern fireplace, Cafe V, a coffee bar featuring coffee specialties and pastries, and an expanded and enhanced fitness center. This summer, the pool area will be refreshed with two new spa pools and the re-opening of Nest restaurant as a vibrant new poolside/slopeside bar and outdoor dining experience.” 2018 Taxes: $2,282; HOA Dues: $10,042 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/19/2018; Sold Date: 02/28/2018. (Photos and broker comments courtesy of SV Real Estate)

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