May 20 – 27, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract / Pending (12)
Apr 2018 Aspen Real Estate Market Reports – the Estin Report Apr 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.
Blog Post
May 20 – 27, 2018 Aspen CO real estate market activity, Week 21
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 (10): MLS#s: 138895, 142552, 149377, 150491, 151921, 152001, 152306, 152644, 152841, 153925. This link is valid until 6/26/2018.
Under Contract/Pending (12): MLS#s: 151197, 143842, 143851, 144526, 146598, 149333, 149710, 150270, 150549, 152511, 153627, 154003. This link is valid until 6/26/2018.
Sold Properties Last Week:
MLS #153925 – Ute Addition, Central Core, 971 Ute Avenue, Aspen, CO: Sold Price: $13,275,000/$2,785 sq ft; furnished. More details below photos.
MLS #153925 – Ute Addition, Central Core, 971 Ute Avenue, Aspen, CO: Sold Price: $13,275,000/$2,785 sq ft; furnished. Aspen homes for sale. Ask Price: $13,500,000. (Original Price: $13,500,000. The seller paid $9.64M/$2,067 sq ft on 5/9/17 producing a 37% gross return in 1 year. See Flip Jobs: Before/After Section) This is a 1996 built and 2018 remodeled, 5 bedroom/5 bath, 4,766 sq ft home with 2 car garage on a 4,588 sq ft lot. The home is located 3-4 blocks to Aspen Mountain Gondola – however, too far away in winter to walk to Gondola. Broker comments are “Sold Before MLS.” 2017 taxes: $19,410. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/03/2018; Sold Date: 05/25/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)
MLS #149377 – Mill Building, Central Core, 201 N Mill Street Penthouse PHB, Aspen, CO: Sold Price: $7,750,000/$4,015 sq ft; furnished. More details below photos.
MLS #149377 – Mill Building, Central Core, 201 N Mill Street Penthouse PHB, Aspen, CO: Sold Price: $7,750,000/$4,015 sq ft; furnished. Aspen condo for sale. Ask Price: $7,995,000. (Original Price: $8,500,000 and 279 days on the market since 06/07/2017. Tim’s Notes: This sale was the 1st re-sale in the building. The sellers required more space for their family and purchased the single family home listed just below, 549 Race Street. They purchased the unit for $7.25M/$3,756 sq ft on 5/17/16.) This is a 2016 built, 3 bedroom/3 bath/1 half-bath, 1,930 sq ft condo. Broker comments are “Arguably the best penthouse deck in Aspen is now available. Located in the heart of downtown at the new mixed-use Mill Building, Penthouse B offers a high standard of quality finishes, quality furnishings and quality of life. Just across the street from the Hotel Jerome, the penthouse offers nearly 2,000 square feet of one level living with a deck that captures an additional 1,220 square feet, making the outdoor living experience as exceptional as the indoor. Aspen penthouses are a rare commodity, and those that enjoy all of the amenities of the Hotel Jerome are rarer still. Everything a guest at the Jerome can utilize, the owner of this penthouse can too. Coupled with comfortable living spaces, amazing views of Red Mountain, private elevator, secure parking garage and storage, and the walk-to-everything location, see for yourself why Penthouse B represents the best of the best in Aspen core living.” 2018 taxes: $20,017; HOA Dues: $7,099 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/17/2018; Sold Date: 05/24/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #152001 – Fox Crossing, Smuggler, 549 Race Street, Aspen, CO: Sold Price: $7,650,000/$1,661 sq ft. More details below photos.
MLS #152001 – Fox Crossing Sub, Smuggler Area, 549 Race Street, Aspen, CO: Sold Price: $7,650,000/$1,661 sq ft. Aspen homes for sale. Ask Price: $7,950,000. (Original Price: $7,950,000 and 160 days on the market since 12/16/2017.) This is a 2017 built, 5 bedroom/5 bath/1 half-bath, 4,603 sq ft home with 1 car garage on a 9,850 sq ft lot. Broker comments are “Aspen’s historic past meets its future. 1880’s Victorian brought back to life after sitting vacant and in disrepair for 45 years 4600 square foot 5 bedrooms, 5.5 baths Located on a park with unobstructed views of Aspen mountain. Finished and furnished by Karen White Interiors in a clean, contemporary palate. Ready to move in and enjoy. Walk to town and Smuggler Mountain.” 2017 taxes: $4,243; HOA Dues: $398 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/07/2018; Sold Date: 05/25/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)
MLS #138895 – Starwood, McLain Flats, 47 Larson Drive, Aspen, CO: Sold Price: $4,775,000/$830 sq ft; unfurnished. More details below photos.
MLS #138895 – Starwood, McLain Flats, 47 Larson Drive, Aspen, CO: Sold Price: $4,775,000/$830 sq ft; unfurnished. Aspen homes for sale. Ask Price: $4,995,000. (Original Price: $5,750,000 and 1,831 days on the market since 01/28/2013.) This is a 1991 built, 4 bedroom/5 bath/1 half-bath, 5,752 sq ft home with 3 car garage on a 2 acres lot. Broker comments are “This spacious four bedroom home overlooks the Aspen Valley and all four ski mountains. It has been meticulously maintained and includes open living spaces with a timeless contemporary design. It provides easy living with the master suite on the main floor and endless views from every room throughout the house. An abundance of oversized windows and outdoor entertaining areas with all the amenities Starwood has to offer.” 2014 taxes: $19,302. Under Contract Date: 02/18/2018; Sold Date: 05/24/2018. (Photos and broker comments courtesy of Palladium Properties)
MLS #152306 – Aspen Villas Condominiums, West End, 814 W Bleeker Street Unit C-2, Aspen, CO: Sold Price: $1,300,000/$958 sq ft; partial-furnished. More details below photos.
MLS #152306 – Aspen Villas, West End, 814 W Bleeker Street Unit C-2, Aspen, CO: Sold Price: $1,300,000/$958 sq ft; partial-furnished. Aspen townhouse for sale. Ask Price: $1,375,000. (Original Price: $1,375,000 and 105 days on the market since 01/16/2018.) This is a 1972 built and 2006 remodeled, 3 bedroom/2 bath, 1,357 sq ft townhouse. Broker comments are “At the entrance to Aspen sits a perfect pied-a-terre for a seasonal retreat or full time residence. The 1,357 square feet features 3 bedrooms and 2 baths, efficient kitchen, main floor living space with gas fireplace, large lower level en suite master, two upper level bedrooms, and excellent storage. Reserved off-street parking and a private enclosed patio enhance the walk or free shuttle to town location.” 2018 taxes: $2,615; HOA Dues: $1,800 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/05/2018; Sold Date: 05/22/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #150491 – Independence Square Condo/Hotel, Central Core, 404 S Galena Street 208, 209, Aspen, CO: Sold Price: $1,075,000/$1,791 sq ft; furnished. More details below photos.
MLS #150491 – Independence Square Condo Hotel, Central Core, 404 S Galena Street 208, 209, Aspen, CO: Sold Price: $1,075,000/$1,791 sq ft; furnished. Aspen condo for sale. Ask Price: $1,225,000. (Original Price: $1,250,000 and 392 days on the market since 01/07/2017.) This is a 1889 built and 2017 remodeled, 1 bedroom/1 bath, 600 sq ft condo. Broker comments are “Fantastic opportunity to own a completely remodeled 1 bedroom, 1 bathroom unit only 1 block from the gondola! This highly requested premier rated unit is one of the few with a full kitchen and dining area. Owners or renters enjoy complimentary continental breakfast/apres ski wine and cheese in the newly renovated lounge and spectacular rooftop deck with hot tub. This historic building is the only condo hotel with approximately 15 foot ceilings, crown molding and classic architecture. Artwork excluded.” 2017 taxes: $1,791; HOA Dues: $7,340 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/21/2018; Sold Date: 05/21/2018. (Photos and broker comments courtesy of Whitman Fine Properties)
MLS #142552 – Snowmass Creek, 2567 Snowmass Creek Road, Snowmass, CO: Sold Price: $3,250,000/$719 sq ft; unfurnished. More details below photos.
MLS #142552 – Snowmass Creek, 2567 Snowmass Creek Road, Snowmass, CO: Sold Price: $3,250,000/$719 sq ft; unfurnished. Old Snowmass home for sale. Ask Price: $3,750,000. (Original Price: $4,950,000 and 1,538 days on the market since 03/03/2014.) This is a 1988 built and 2009 remodeled, 5 bedrooom/3 bath/1 half-bath, 4,515 sq ft home with 2 car garage on a 39.37 acres lot. Broker comments are “A picture perfect experience awaits only 20 minutes from Aspen or from Whole foods. The 4 (Plus) bedroom home which is like new with high quality and charm everywhere overlooks the picturesque pond and the pastures . The property adjoins the Windstar open space for fabulous horseback riding and hiking. A complete horse Ranch with lovely pastures that have fully automated irrigation fed by senior water rights and room for a stick and ball field too. The barn has an up to date one bedroom caretaker apartment, 4 stalls with outdoor runs just waiting for horses, polo horses would find it ideal, tack room and storage. The agricultural building serves to house farm equipment and a large workshop space. The main home has an extraordinary gourmet chef’s kitchen and a first floor master suite, guest bedroom and an office. The guest wing has two bedroom suites and an inviting family room. A special loft is set up for reading ,lounging overflow sleeping and exercising.” 2016 taxes: $19,403. Under Contract Date: 03/23/2018; Sold Date: 05/25/2018. (Photos and broker comments courtesy of Engel & Volkers)
MLS #151921 – Lazy Glen Mobile Home Park, 66 Lazy Glen, Snowmass, CO: Sold Price: $310,000/$254 sq ft; furnished. More details below photos.
MLS #151921 – Lazy Glen Mobile Home Park, 66 Lazy Glen, Snowmass, CO: Sold Price: $310,000/$254 sq ft; furnished. Old Snowmass home for sale. Ask Price: $325,000. (Original Price: $355,000 and 154 days on the market since 12/14/2017.) This is a 2002 built, 3 bedrooom/2 bath, 1,217 sq ft home on a 4,163 sq ft lot. Broker comments are “This light, bright, 3-bedroom 2-bath home provides a wonderful location and is an amazing opportunity for your family to own in the mid-valley. Constructed in 2002, this home has a fenced yard, wood-burning fireplace and storage shed. This community is close to the RFTA bus stops and is designated for locals who work in the Roaring Fork Valley and qualify through the Aspen Pitkin Housing Authority.” 2017 taxes: $1,712; HOA Dues: $150 per Month. Under Contract Date: 03/03/2018; Sold Date: 05/18/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Willits)
MLS #152644 – Owl Creek Townhomes, 101 Burnt Mountain Drive, Snowmass Village, CO: Sold Price: $4,425,000/$1,145 sq ft; partial-furnished. More details below photos.
MLS #152644 – Owl Creek Townhomes, 101 Burnt Mountain Drive, Snowmass Village, CO: Sold Price: $4,425,000/$1,145 sq ft; partial-furnished. Snowmass Village townhouse for sale. Ask Price: $4,500,000. (Original Price: $4,500,000 and 99 days on the market since 02/14/2018.) This is a 1997 built and 2017 remodeled, 4 bedrooom/4 bath/1 3/4-bath/1 den, 3,862 sq ft townhouse with 2 car garage on a 3,862 sq ft lot. Broker comments are “Nestled at the base of Two Creeks in Snowmass Village, 101 Burnt Mountain Drive is a corner unit that offers unparalleled ski-in/ski-out access onto Snowmass Mountain Resort. This Owl Creek Townhome went through a complete refresh in 2017, which ushers in a new era of mountain living. Designed with comfortable furnishings and updated color scheme,the interior offers a clean, elegant backdrop to the picturesque view. Beautiful spa-like bathrooms, oversized bedrooms, and the extra den on the main floor welcome family and friends to stay.” 2017 taxes: $13,419; HOA Dues: $23,209 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/17/2018; Sold Date: 05/24/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)
MLS #152841 – Country Club Villas Condominiums, 150 Snowmass Club Circle Unit 1637, Snowmass Village, CO: Sold Price: $750,000/$751 sq ft; furnished. More details below photos.
MLS #152841 – Country Club Villas Condominiums, 150 Snowmass Club Circle Unit 1637, Snowmass Village, CO: Sold Price: $750,000/$751 sq ft; furnished. Snowmass Village condo for sale. Ask Price: $750,000. (Original Price: $750,000 and 88 days on the market since 02/22/2018.) This is a 1987 built, 2 bedrooom/2 bath, 998 sq ft condo. Broker comments are “Very private, top floor, corner villa with vaulted ceilings and amazing views of Mt. Daly, Snowmass Ski Area and the golf course. Recently renovated with new stainless appliances, washer/dryer, remodeled bathrooms and some new furnishings. Villa Gold membership to the Snowmass Club included with the payment of a $1,000 transfer fee. Enjoy $35/round golf, tennis, spa, pools, and athletic club. Can rent short term, or keep for yourself. Owner pets allowed. Vacant and easy to show, but must be accompanied by broker.” 2017 taxes: $2,342; HOA Dues: $3,075 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/28/2018; Sold Date: 05/21/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)
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