Sept 16 – 23, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (15) + Under Contract / Pending (6).

The Aug 2018 Aspen Snowmass Village market report snapshot was posted (so sorry…late!) in Current Reports on Sep 13, 18.

Bi-Annual – Estin Report: Aspen Snowmass Real Estate 2018 YTD and 2017 YR

Blog Post: Sept 16 – 23, 2018 Aspen CO real estate market activity, Week 38

Weekly Aspen and Snowmass CO real estate sales activity appears below for sold and under contracts properties in the upper Roaring Fork Valley over $250,000 – for Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass. Fractional sales are not included. Photos and written descriptions of sold properties are posted here as the MLS links below expire after 30 days. For earlier dates, see the Estin Report blog archives starting in 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 (15):  MLS#s: 128352, 151858, 139712, 144256, 152120, 153065, 154157, 154539, 154611, 154696, 155383, 155429, 155470,
155575, 156145. This link is valid until 10/23/2018.

Under Contract/Pending (6): MLS#s: 154500, 155603, 152566, 155098, 154555, 140716. This link is valid until 10/23/2018.

Sold Properties Last Week:

MLS #139712 – Wyly Ranch Woody Creek Auction, 3448 Woody Creek Road, Woody Creek, CO: Sold Price: $14,025,000/$632 sq ft; partial-furnished. More details below photos.

MLS #139712 – Wyly Ranch Woody Creek Auction: 3448 Woody Creek Road, Woody Creek, CO: Sold Price: $14,025,000/$632 sq ft; partial-furnished. Woody Creek homes for sale. Ask Price: $29,900,000. (Sold for 75% off its Original Price: $59.900,000 and 1,184 days on the market since 06/23/2015.) Enjoy all the beauty and majesty that Colorado has to offer at Circle R Ranch, a 244-acre property located in central Colorado in the Woody Creek valley. This is a is a 2007 built property includes 10 homesites, including six separate single-family homes – each with their own mountain contemporary design that provides a taste of the western experience with the benefit of modern conveniences – the 6 built homes onsite offer a combined 22 bedrooms, 18 full baths, and five half baths 22,165 sq ft with 4+ car garage on 244 acres. The additional structures on the property are a mix of historic cabins, storage facilities, agricultural buildings and barns, which provide the infrastructure to develop your dream compound. Tim’s notes: The property cannot be subdivided and there are conservation easements in place. According to the Dallas News, the buyer at auction was Texas developer Mehrdad Moayedi*.  Broker comments are “Auction. Bidding opens august 3rd. Bidding ends august 6th. Previously $59.9M. Selling at or above $10M. Showings daily 1-4pm & by APPT. This recreational wonderland is surrounded by unspoiled natural beauty and privacy, and within easy distance to the renowned resort city of Aspen.  Circle R Ranch combines the beauty and charm of the Old West with the convenience of modern utilities and infrastructure including fiber optics, water rights, and an on-site fire suppression system. With room to roam, this spacious ranch would be the ideal home for a large family compound or retreat for businesses. ” 2015 taxes: $33,547. Under Contract Date: 08/06/2018; Sold Date: 09/19/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

*From Dallas News Sep 25, 2018:  The buyer is Mehrdad Moayedi, Texas developer, also purchased via Concierge the Woody Creek ranch of one-time billionaire Sam Wyly for slightly more than $14 million, or 75% off its original $60 million asking price. Though several people registered to bid, only three actually participated in the auction, he said. The bidding began at $10 million and was ended about 30 minutes later at $12.75 million, he said. In addition, the buyer agreed to pay commissions and fees, bringing the total to about $14.3 million. The winning bidder was MM Rosemary Circle, an entity created by developer Mehrdad Moayedi, chief executive of Centurion American Development Group, one of Dallas-Fort Worth’s largest residential builders. He also led one of downtown Dallas’ largest redevelopment projects — the Statler Hotel. “I did not think it was going to go for as low as it was going,” Moayedi said Tuesday. “It stayed at a level where it made a lot of sense. That’s the reason I bought it, the price was right. Moayedi, who already has a home in Aspen and “two kids who ski a lot,” described the property nonetheless as an investment play. He said Sam Wyly put a restriction in the deed blocking further subdivision of the land but noted that at least four more homes of up to 7,000 square feet each can be built on the property. He also said a member of the Wyly family still lives on the ranch and is planning to move, though the current ranch manager and his family will stay.

MLS #154611 – 820 E. Hyman Ave. Townhomes, Central Core, 816 E Hyman Avenue A, Aspen, CO: Sold Price: $6,985,000/$2,723 sq ft; furnished. More details below photos.

MLS #154611 – 820 E. Hyman Ave. Townhomes, Central Core, 816 E Hyman Avenue A, Aspen, CO: Sold Price: $6,985,000/$2,723 sq ft; furnished. Aspen townhomes for sale. Ask Price: $7,295,000. (Original Price: $7,499,000 and 94 days on the market since 06/12/2018.) This is a 1989 built and 2016 remodeled, 4 bedroom/4 bath/1 half-bath, 2,565 sq ft townhome with 2 car garage. Tim’s notes: This sale sets a new price bar for remodeled townhomes in the Aspen Core. Broker comments are “Beautifully appointed townhome in the central core of Aspen – Remodeled down to the studs in 2016. Top of the line finishes and upgrades, including energy efficient appliances, custom floating staircase and cathedral ceilings in the master bedroom. Heated roof deck, driveway and entry walkway. Thoughtful extra storage throughout. Over 1600 sq ft of outdoor space offers a beautiful landscaped patio, a private Master balcony plus an exceptional rooftop deck with a hot tub and notable views of Aspen and Smuggler Mountains. Parking includes a 2 car garage, 3 off-street parking spaces and two permitted guest passes. Additional notes: Quintessential Aspen block | 2 blocks to City Market | Bring your puppy to one of the few townhomes with a fenced yard | Turnkey property – just bring your toothb.” 2017 taxes: $12,941. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/30/2018; Sold Date: 09/14/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #144256 – Ridge of Red Mountain, 25 Nighthawk Dr, Aspen, CO: Sold Price: $4,800,000/$1,821 sq ft; unfurnished. More details below photos.

MLS #144256 – Ridge of Red Mountain, 25 Nighthawk Dr, Aspen, CO: Sold Price: $4,800,000/$1,821 sq ft; unfurnished. Aspen homes for sale. Ask Price: $4,900,000. (Original Price: $5,795,000 and 845 days on the market since 05/26/2016.) This is a 1977 built and 2008 remodeled, 4 bedroom/3 bath/1 half-bath, 2,635 sq ft single family home with 2 car garage on a 16,657 sq ft lot. This is a sweet small Red Mountain home perfectly livable for a small family or couple. The home has no expansion possibility or at least it would be very expensive as all the mechanicals are located in the crawl space and there is no additional square footage allowable, FAR (Floor Area Ratio). Broker comments are “The exceptional elegance of this home is matched by the outstanding views from Aspen Mountain, Aspen Highlands, Buttermilk and beyond. Completely renovated down to the studs in 2006, this Red Mountain retreat is a contemporary sanctuary that invites you to step outside and enjoy the private deck and artistic details of the award-winning Japanese Zen garden. At the center of the garden is a large granite boulder with water flowing from the top that provides tranquility and an Asian influence. The open floor plan features a wood-paneled fireplace wall as the central focal point, separating the living room and the kitchen, and conceals all the audio/visual systems. Some of the quality, timeless finishes include oak floors, tasteful wall coverings, slab stone countertops, and glass balustrades. This four-bedroom home has been published and has an unmistakable serene feel that allows the beauty of Aspen to become a visual part of the living experience all year round.” 2017 taxes: $9,436; HOA Dues: $700 per Yr. Under Contract Date: 06/14/2018; Sold Date: 09/18/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #155429 – Little Texas, 115 S Little Texas Lane, Woody Creek, CO: Sold Price: $1,675,000/$930 sq ft; furnished. More details below photos.

MLS #155429 – Little Texas, 115 S Little Texas Lane, Woody Creek, CO: Sold Price: $1,675,000/$930 sq ft; furnished. Woody Creek homes for sale. Ask Price: $1,750,000. (Original Price: $1,750,000 and 63 days on the market since 07/17/2018.) This is a 1956 built and 1973 remodeled, 3 bedroom/2 bath, 1,800 sq ft single family home on a 22,651 sq ft lot. It sold at essentially river lot value. Broker comments are “One of the original fishing cabins in Little Texas that is still charming and livable. 1,800 sq. ft. of sweetness with 3 bedrooms and 2 baths. The real value is in the 1/2 acre plot of land with 75 feet of Roaring Fork River frontage. A new septic system was installed in 2008 allowing for a 4 bedroom, 5,750 sq. ft. home. Little Texas is an unique community established in 1947 and is transitioning into a luxury riverfront neighborhood. Call Tom for a special tour.” 2017 taxes: $2,458. Under Contract Date: 08/02/2018; Sold Date: 09/18/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #153065 – Shadow Mountain Building, West End, 605 W Main Street Unit B, Aspen, CO: Sold Price: $1,700,000/$1,495 sq ft; unfurnished. More details below photos.

MLS #153065 – Shadow Mountain Building, West End, 605 W Main Street Unit B, Aspen, CO: Sold Price: $1,700,000/$1,495 sq ft; unfurnished. Aspen condos for sale. Ask Price: $1,795,000. (Original Price: $1,850,000 and 187 days on the market since 03/14/2018.) This is a 1972 built, 2 bedroom/2 bath, 1,137 sq ft condo. Broker comments are “Perfect describes this beautifully maintained 2 bedroom, 2 bath penthouse just a short walk to downtown and the Aspen Music Tent. Vaulted ceilings and sky lights accent the south facing views. Extensive features include hardwood floors, a gas fireplace, air conditioning and radiant heat. There is a large deck with views of Shadow Mountain. Assigned off street parking and a private storage area for bikes and skis complete this perfect penthouse. New roof, boilers and security system for fire all installed in 2017.” 2017 taxes: $3,264; HOA Dues: $2,405 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/11/2018; Sold Date: 09/17/2018. (Photos and broker comments courtesy of Aspen Associates Realty)

MLS #128352 – Chateau Aspen, Central Core, 630 E Cooper Avenue #9, Aspen, CO: Sold Price: $1,160,000/$1,260 sq ft; furnished. More details below photos.

MLS #128352 – Chateau Aspen, Central Core, 630 E Cooper Avenue #9, Aspen, CO: Sold Price: $1,160,000/$1,260 sq ft; furnished. Aspen condos for sale. Ask Price: $1,275,000. (Original Price: $1,250,000 and 3,157 days on the market since 08/24/2009.) Centrally located downtown, this is a 1966 built and 2007 remodeled, 2 bedroom/2 bath, 920 sq ft condo with no views, looking across an alley at the wall of the Aspen Art Museum. Broker comments are “In the heart of the core, only one block from the gondola, this completely remodeled unit on the second floor of Chateau Aspen is perfect for in town living. Vitality and Art are out your back door with the completion of the new Aspen Art Museum. Beautiful new kitchen, baths, hardwood floors. Ready to move in and completely furnished. Excellent rental income producing property.” 2013 taxes: $1,849; HOA Dues: $1,029 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/18/2018; Sold Date: 09/17/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #155575 – Fox Crossing, Smuggler, 553 Race Alley Vacant Lot 4 House I, Aspen, CO: Sold Price: $2,200,000. More details below photos.

MLS #155575 – Fox Crossing, Smuggler, 553 Race Alley Vacant Lot 4 House I, Aspen, CO: Sold Price: $2,200,000. Aspen lots for sale. Ask Price: $2,599,000. (Original Price: $2,599,000 and 152 days on the market since 06/12/2017.) This is a 5,625 sq ft single family vacant lot. Broker comments are “Purchase price shall include approved home plans from Thunderbowl Architects and all permits and fees paid to the City of Aspen on or before closing date. Last undeveloped lot in Fox Crossing.” 2017 taxes: $3,996. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/21/2018; Sold Date: 09/20/2018. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices|Aspen Snowmass Properties)

MLS #154539 – Ridge Run, 85 Maple Ridge Lane, Snowmass Village, CO: Sold Price: $2,828,000/$595 sq ft; partial-furnished. More details below photos.

MLS #154539 – Ridge Run, 85 Maple Ridge Lane, Snowmass Village, CO: Sold Price: $2,828,000/$595 sq ft; partial-furnished. Snowmass Village homes for sale. Ask Price: $2,997,500. (Original Price: $2,997,500 and 536 days on the market since 07/16/2016.) This is a 1969 built and 1996 remodeled, 5 bedrooom/4 bath/1 den/1 bonus room, 4,746 sq ft single family home with 2 car garage on a 41,425 sq ft lot. Broker comments are “Designed by Tim Hagman, this is an architectural gem which invokes in its materials and details the spirit of an American West farmstead. One of Ridge Run’s most enchanting properties. Sited in the midst of huge aspens, this home’s design features extensive use of wide and tall expanses of glass which bring the sylvan setting outdoors into nearly every room. Lovely, peaceful views across the valley. Stunning architectural features include a raised roof ridge over the master suite with clerestory windows and exposed rafters reminiscent of classic barn construction and a romantic, covered wood footbridge to the front entry whose windows and doors feature etched glass aspens designed by noted artist Mary Matchael. Great room with brand new hardwood floors, woodburning fireplace, renovated kitchen also with new hardwood floor, and generous deck ideal for entertaining. Huge 2-story master suite with fireplace and His and Hers offices, all in a separate wing added in 1996. Four lovely guest bedrooms with their own den and fireplace. Beautiful landscaping, stone paths, secret gardens, and tall stately aspens and evergreens. From every window, like being in a treehouse. Property adjoins open space. Exquisitely maintained and cared for.” 2017 taxes: $9,246; HOA Dues: $90 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/31/2018; Sold Date: 09/14/2018. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)

MLS #155383 – Country Club Homes, 115 Harleston Green 58, Snowmass Village, CO: Sold Price: $1,730,000/$667 sq ft; furnished. More details below photos.

MLS #155383 – Country Club Homes, 115 Harleston Green 58, Snowmass Village, CO: Sold Price: $1,730,000/$667 sq ft; furnished. Snowmass Village townhomes for sale. Ask Price: $1,899,000. (Original Price: $1,899,000 and 57 days on the market since 07/26/2018.) This is a 1982 built and 2008 remodeled, 3 bedrooom/2 bath/1 half-bath, 2,592 sq ft townhome with 2 car garage. Broker comments are “Creekside sanctuary -spacious corner creek location. Enjoy the sounds of the babbling creek from your master bedroom or patio while enjoying the lush landscape and rim trail views. This town home offers generous living spaces, vaulted ceilings, great natural light with 3 bedroom 2.5 baths and a great loft space for bonus use and 2 car garage.” 2017 taxes: $8,364; HOA Dues: $18,509 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/17/2018; Sold Date: 09/21/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #155470 – Country Club Homes, 52 Harleston Green 39, Snowmass Village, CO: Sold Price: $1,700,000/$792 sq ft; furnished. More details below photos.

MLS #155470 – Country Club Homes, 52 Harleston Green 39, Snowmass Village, CO: Sold Price: $1,700,000/$792 sq ft; furnished. Snowmass Village townhomes for sale. Ask Price: $1,800,000. (Original Price: $1,800,000 and 49 days on the market since 07/31/2018.) This is a 1982 built and 2009 remodeled, 2 bedrooom/3 bath/1 loft/1 den, 2,145 sq ft townhome with 1 car garage. Broker comments are “Beautiful Country Club Townhome ready to move in! Lots of sleeping areas with two bedrooms plus a den plus an upper loft with built-in bunkbeds. Walk into a flowing floor plan with kitchen, living room, den, and bathroom with shower on main level. Elegant lighting to accent the new fireplace and gorgeous hard wood floors. Custom cabinetry in kitchen, bathrooms and den. A flat walkout to the deck with hot tub, too. More upgrades include wine fridge in kitchen, gas fireplace, mudroom with sink and one-car garage, ceiling fans, radon mitigation and lots of storage! Nothing beats living at the Snowmass Club with its manicured landscaping and open spaces. Club is less than 1/2 mile away with fitness center, restaurants, tennis courts and golf course designed by Jim Engh. Free shuttle service.” 2017 taxes: $6,174; HOA Dues: $1,253 per Month. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/19/2018; Sold Date: 09/18/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)

MLS #151858 – Top of Village Condominiums, 855 Carriage Way Trails 107, Snowmass Village, CO: Sold Price: $680,000/$629 sq ft; furnished. More details below photos.

MLS #151858 – Top of Village Condominiums, 855 Carriage Way Trails 107, Snowmass Village, CO: Sold Price: $680,000/$629 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $695,000. (Original Price: $729,000 and 638 days on the market since 11/15/2017.) This is a 1974 built and 2017 remodeled, 2 bedrooom/2 bath, 1,080 sq ft condo. Broker comments are “The perfect ski retreat with direct ski in/out to Snowmass Mountain. This two bedroom, two bath has just been remodeled and is ready for you to start enjoying this ski season. Located on the ground floor so you can ski right to your door step. Warm and cozy decor. Gather around the fireplace and enjoy the mountains! The Top of the Village offers superior management, swimming pool, two jacuzzis, workout facilities, covered parking, courtesy van throughout the Village and to Aspen Airport. Excellent rental property! This is the best two bedroom offer at Top of the Village – don’t miss it.” 2017 taxes: $2,567; HOA Dues: $14,456 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/25/2018; Sold Date: 09/17/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #154157 – Capitol Peak Condos, 60 Carriage 3322, Snowmass Village, CO: Sold Price: $599,000/$855 sq ft; furnished. More details below photos.

MLS #154157 – Capitol Peak, 60 Carriage 3322, Snowmass Village, CO: Sold Price: $599,000/$855 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $629,000. (Original Price: $629,000 and 1,171 days on the market since 11/27/2013.) This is a 2008 built, 1 bedrooom/1 bath, 700 sq ft condo. Broker comments are “This One Bedroom features a one level floor plan, mountain views of the Snowmass Ski Area, and great exposure from all windows and the deck. Top floor, great rental income, and easy access to the Gondola and Base Village Amenities. Under ground parking, Owner Storage Area, and front desk arrival area within the Capitol C Building.” 2016 taxes: $4,385; HOA Dues: $10,880 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/04/2018; Sold Date: 09/18/2018. (Photos and broker comments courtesy of Engel & Volkers Snowmass)

MLS #154696 – Terrace House Condos, 65 Campground Lane 54, Snowmass Village, CO: Sold Price: $540,000/$682 sq ft; furnished. More details below photos.

MLS #154696 – Terrace House, 65 Campground Lane 54, Snowmass Village, CO: Sold Price: $540,000/$682 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $575,000. (Original Price: $600,000 and 106 days on the market since 06/06/2018.) This is a 1972 built, 2 bedroom/2 bath, 791 sq ft condo. Broker comments are “What everyone is looking for….a top floor, corner unit with easy ski access and great views. Beautifully renovated with granite countertops, stainless kitchen appliances, newly tiled bathrooms and gas fireplace. The corner location is light and bright, with extra windows, and vaulted ceilings. Complex has a large outdoor jacuzzi surrounded by flowers in the summer. A quick walk to both the new Base Village or the upper malls makes this an ideal location. Good short term rental income or keep for yourself. Use of Stonebridge pool and athletic club for owners and renters.” 2017 taxes: $1,804; HOA Dues: $2,275 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/10/2018; Sold Date: 09/20/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #152120 – Horse Ranch, Tbd Spur Ridge Road, Vacant lot Sale, Snowmass Village, CO: Sold Price: $900,000. More details below photos.

MLS #152120 – Horse Ranch, Tbd Spur Ridge Road, Vacant lot Sale, Snowmass Village, CO: Sold Price: $900,000. Snowmass Village lots for sale. Ask Price: $1,500,000. (Original Price: $1,500,000 and 1,365 days on the market since 12/18/2014.) This is a 27,180 sq ft single family vacant lot. Broker comments are “Build your vacation home on this gentle sloping lot with huge panoramic views of the Snowmass Ski Area. Great neighborhood. Build 3500 Sq Ft home above grade and add additional Sq Ft. See Snowmass Horse Ranch, housing guidelines about adding additional square feet. **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: $15,783. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/20/2018; Sold Date: 09/13/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Basalt)

MLS #156145 – Horse Ranch, 345 Branding Lane, Vacant lot Sale, Snowmass Village, CO: Sold Price: $900,000. More details below photo.

MLS #156145 – Horse Ranch, 345 Branding Lane, Vacant lot Sale, Snowmass Village, CO: Sold Price: $900,000. Snowmass Village lots for sale. Ask Price: $900,000. (Original Price: $900,000 and on the market since 09/17/2018.) This is a 25,519 sq ft single family vacant lot. Broker comments are “Lot in Horse Ranch.” 2017 taxes: $15,783. Under Contract Date: 09/17/2018; Sold Date: 09/17/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Basalt)

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