Oct 14 – 21, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (14) + Under Contract / Pending (15).

Updated Pace of Sales Charts Q1 2007 – Q3 2018 were posted in Charts on Oct 4th. These answer the question “Where are we now compared to prior periods?” and trend lines indicate market direction.

The Sept 2018 Aspen Snowmass Village Real Estate Market Snapshot Report was posted in Current Reports late Monday, Oct 14, 18. 

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

Blog Post: Oct 14 – 21, 2018 Aspen CO real estate market activity, Week 42

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 (14):  MLS#s: 140781, 148545, 149335, 149486, 149817, 152930, 154147, 154216, 154449, 155139, 155284, 155511, 155669, 156481. This link is valid until 11/20/2018.

Under Contract/Pending (15): MLS#s: 145382, 151161, 151378, 151933, 152365, 153939, 154368, 154446, 154466, 155040, 155168, 155297, 155305, 155959, 156170. This link is valid until 11/20/2018.

Sold Properties Last Week:

MLS #149486 – Eagle Pines Sub., West Aspen, 401 Eagle Park Drive, Aspen, CO: Sold Price: $19,500,000/$1,538 sq ft; unfurnished. More details below photos.

MLS #149486 – Eagle Pines, West Aspen, 401 Eagle Park Drive, Aspen, CO: Sold Price: $19,500,000/$1,538 sq ft; unfurnished. Aspen homes for sale. Ask Price: $20,700,000. (Original Price: $24,750,000 and 1,832 days on the market since 09/03/2013.) This is a 2005 built, 6 bedroom/3 bath/5 half-bath/3 3/4-bath, 12,674 sq ft single family home with 3 car garage on a 5.3 acres lot. Broker comments are “Eagle Park Estate was designed not just to live in but to display the treasures of the real art collector. Architecturally designed as a piece of art, the real heart of the estate is a home that lives well, entertains well, & allows you to spend time with your most cherished prize – your family. This is true elegant living. This remarkable estate at 12,674 sq. ft. was meticulously engineered by the Dutch architecture firm of Veenendaal Bocanet + Partners. This home is specifically designed to surprise you at every window & off of every deck to breathe in the spectacular views in all directions, yet the inside lives well & allows the walls to present your best art. There are 6 bedrooms in the home including a full private staff quarters & 3 car garage. This Eagle Park Estate is a remarkable 12,674 sq. ft. custom home was planned meticulously by the Dutch architecture firm of Veenendaal Bocanet + Partners. This home is specifically designed to surprise you at every window or off of every deck to breathe in the spectacular views in all directions, yet design the inside to live well and allow the walls to present your best art. There are six bedrooms in the home including a full private staff quarters and a three car garage. The complete courtyard is snow melted by geo-thermal wells. Ski -in and Ski- out from your back door right into the Buttermilk Mountain or hike on the forest service trails right out your back door. If you want privacy with 5 acres of land, yet easy access to Aspen, this home is only a 9 minutes’ drive to Aspen. Once you enter into the private gates of Eagle Pines, you feel the security, quiet and peace of large estates. The unique design elements and room scales in this home are sophisticatedly used to create beautifully designed rooms and cantilevered terraces with custom artist lighting throughout. The home is furnished with comfortable yet elegant furniture that invites you to sit and talk, watch the sunsets or just take that afternoon nap. The house was planned to bring the outside to the inside through floor to ceiling windows that frame each view throughout the home. Eagle Park Estate is entirely above grade space so everyone has access to the views. Most importantly this is a great corporate retreat or family home. There are three living areas, one on each level which allows space for children to play as well as the adults. Beside the family room area with pool table, there is a sophisticated theater with full bar and kitchen area that can access the outdoors. The master has his and her bathrooms with steam shower, dressing table, tub, and a sitting room with master walk in closet. The walls are Italian Plaster, the Italian limestone tiled floors are masterfully laid in all major living spaces of the house, each door is custom crafted African Teak and each bedroom has a bathroom en-suite. Throughout the house there is custom lighting and a Creston Audio Visual/ Lighting system. Many of the room have custom closing drapes. There are stone fireplaces and floor to ceiling windows throughout. Walk outside to decks, patios, water features, outdoor contemporary art and rolling lawns. Sit in the hot tub and have a glass of wine. This home has places to play, muse and wash away life’s stresses. Art is not included and only partially furnished.” 2016 taxes: $41,390; HOA Dues: $1,000 per Qtr. Under Contract Date: 09/10/2018; Sold Date: 10/17/2018. (Photos and broker comments courtesy of Compass)

MLS #154449 – Red Butte Subdivision, West Aspen, 1395 Red Butte Drive, Aspen, CO: Sold Price: $7,600,000/$1,326 sq ft. More details below photos.

MLS #154449 – Red Butte Subdivision, West Aspen, 1395 Red Butte Drive, Aspen, CO: Sold Price: $7,600,000/$1,326 sq ft. Aspen homes for sale. Ask Price: $7,995,000. (Original Price: $7,995,000 and 2,020 days on the market since 07/07/2011.) This is a 2015 remodeled, 6 bedroom/8 bath, 5,731 sq ft single family home with 2 car garage on a 1.1 acres lot. The property is located across the street from the Roaring Fork River. Broker comments are “Rarely available country estate in Aspen. Private setting on 1+ acres with landscaped grounds, heated pool, water fall, pond, fire pits and room for those late afternoon football games on the lawn. Renovated home features casual and formal entertaining areas. Exquisite finishes throughout the 6 bedrooms in the main house plus a separate pool house. Truly a delight for the senses.” 2017 taxes: $17,189. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/13/2018; Sold Date: 08/16/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #154216 – Starwood, McLain Flats, 750 S Starwood Drive, Aspen, CO: Sold Price: $7,195,200/$1,390 sq ft; furnished. More details below photos.

MLS #154216 – Starwood, McLain Flats, 750 S Starwood Drive, Aspen, CO: Sold Price: $7,195,200/$1,390 sq ft; furnished. Aspen homes for sale. Ask Price: $7,495,000. (Original Price: $7,495,000 and 461 days on the market since 05/30/2017.) This is a 2014 built, 5 bedroom/5 bath/1 half-bath, 5,174 sq ft single family home with 2 car garage on a 2 acres lot. Broker comments are “An 800 foot private drive through an exclusive alpine setting on two acres in the lower Gavin-Brickham Gulch leads to this new custom contemporary one level living Starwood home nestled amongst two million plus acres of pristine White River National Forest. Enjoy all day sunshine and panoramic Elk Mountain views from the expansive south facing patio with nine foot linear gas copper fire pit. Soak under the stars amongst the wildlife from the outdoor private Jacuzzi. Enjoy fireside al fresco dining all summer next to the cascading water feature and custom built-in BBQ. The private main level master suite features a gas fireplace, walk-in closets, an oversized steam shower and a jetted soaking tub with views of Mount Daly & Mount Sopris. Four more en suite bedrooms including private upper level guest master suite offer plenty of space for family and friends. Control4 with Sonos and Apple TV provide integrated house lighting and temperature control. The gourmet kitchen features an open design for entertaining with thick solid slab stone counters, Sub Zero and Wolf Appliances and a large walk-in pantry with wine fridge. Forced air heat and air conditioning are available throughout as well as radiant heated baths. A powder room with stainless vessel sink is located off the great room for convenience. An open flame two-sided gas fireplace creates a stylish and warm ambiance in the great room. Quality finishes include walnut flooring, cherry and mahogany cabinetry, five gas fireplaces and high-end designer furnishings. A main level media room is adjacent to the great room. Double set of washers and dryers are found in the laundry room off the mudroom. An oversized, heated 2-car garage features Gladiator built-ins and dog wash. The photovoltaic solar system keeps the energy costs low. Located under a mile from the secure Starwood gated entry and less than fifteen minutes to all four ski areas. Starwood amenities include 960 acres of x-country ski trails, open pastures, hiking and horseback riding trails, tennis and conference room and abundant wildlife, and direct Shadyside and Sunnyside Trail access. Sold fully furnished, ready to enjoy this summer! A private natural setting with panoramic views and abundant light, and a clean contemporary design make this a special Starwood property.” 2018 taxes: $22,675; HOA Dues: $550 per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/01/2018; Sold Date: 10/16/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #149335 – Shield O Terrace, 1120 Shield O Road, Snowmass, CO: Sold Price: $2,635,000/$664 sq ft; unfurnished. More details below photos.

MLS #149335 – Shield O Terrace, 1120 Shield O Road, Snowmass, CO: Sold Price: $2,635,000/$664 sq ft; unfurnished. Old Snowmass homes for sale. Ask Price: $2,650,000. (Original Price: $3,200,000 and 497 days on the market since 06/05/2017.) This is a 2000 built, 3 bedroom/3 bath/1 half-bath, 3,966 sq ft single family home with 2 car garage on a 35 acres lot. Broker comments are “Sunrises, sunsets, awesome stargazing, and views you won’t forget…all included with this gorgeous custom home that sits proudly on 35 acres. Super private compound with 38 mature spruce trees lovingly placed on the property along with the stone walls and patios. Canadian square hand hew dovetailed logs with 18” diameter, 12” wide plank floors, Alder doors with Rocky Mountain hardware, Subzero, Thermadore commercial gas range, Bosch dishwashers, Rohl plumbing fixtures, water galore 20+ gallons per minute…the list goes on and on. But it’s the views that will get you…you’ll fall in love and never want to leave. Nothing like living in the clouds…on this slice of heaven.” 2017 taxes: $9,202; HOA Dues: $1,000 per Yr. Under Contract Date: 08/26/2018; Sold Date: 10/15/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #149817 – Starwood, McLain Flats, 895 S Starwood Drive, Aspen, CO: Sold Price: $2,600,000/$477 sq ft; unfurnished. More details below photos.

MLS #149817 – Starwood, McLain Flats, 895 S Starwood Drive, Aspen, CO: Sold Price: $2,600,000/$477 sq ft; unfurnished. Aspen homes for sale. Ask Price: $2,995,000. (Original Price: $3,250,000 and 1,388 days on the market since 10/24/2014.) This is a 1979 built and 2014 remodeled, 5 bedroom/5 bath/1 half-bath, 5,440 sq ft single family home with 2 car garage on a 3.11 acres lot. (Tim’s comments: “In the 1980’s, this was Martina Navratilova’s first Aspen home due to its property and subdivision privacy. Starwood is Aspen’s only 24/7 gated community with guard and in the 80’s-90’s was home to John Denver and Prince Bandar who built the largest home in Aspen in the early 1990’s at 55,000 sq ft.”) Broker comments are “The total mountain retreat…5 bedrooms, all with their own baths, 2 family rooms, 5,440 square ft of places for many generations! Ambiance, privacy, and adventure for the little ones. This special place is all about being private and quiet and place for family and friends…updated throughout,covered private master deck, metal roof, reclaimed beams, huge covered ”Tuscan” outdoor living area, hot tub, big open floor plan and not your typical Starwood views…a place to call home in the mountains. NOTE Closing and Possession is subject to a July 2-August 11, 2018 lease.” 2017 taxes: $10,108; HOA Dues: $139 per Yr. Under Contract Date: 08/26/2018; Sold Date: 10/12/2018. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)

MLS #154147 – West End, 314 W Main Street, Aspen, CO: Sold Price: $2,462,550/$1,508 sq ft; partially furnished. More details below photos.

MLS #154147 – West End, 314 W Main Street, Aspen, CO: Sold Price: $2,462,550/$1,508 sq ft; partially furnished. Aspen homes for sale. Ask Price: $2,790,000. (Original Price: $3,495,000 and 151 days on the market since 05/17/2018.) This is a 1886 built and 2013 remodeled, 3 bedroom/2 bath, 1,632 sq ft single family home on a 4,500 sq ft lot. Broker comments are “This 1,632 s.f. historic carriage house has been completely remodeled, has 2 stories, sits on the very back of the 4,500 s.f. lot, and blends with all the other attractive landmark buildings next door and across the alley. It is quaint with a dormer, classic gables and a cupola. It is challenging to find anything in the West End listed for under $4M. There are 3 full bedrooms, 2 beautifully finished bathrooms, a family room on the first level, high ceilings on the second level. There is an updated, open, and fully equipped kitchen, formal living and dining area, a gas log fireplace and a sleeping loft with ladder and storage above the master. It is 6 blocks to the Hotel Jerome, and 6 blocks to the Music Tent. The house is south facing with views and sun. It has a lovely front yard and patio, and inside it feels sublime.” 2017 taxes: $4,956. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/01/2018; Sold Date: 10/15/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #152930 – Smuggler Mobile Park, 202 Cottonwood Lane, Aspen, CO: Sold Price: $725,500/$539 sq ft; unfurnished. More details below photos.

MLS #152930 – Smuggler Mobile Park, 202 Cottonwood Lane, Aspen, CO: Sold Price: $725,500/$539 sq ft; unfurnished. Aspen homes for sale. Ask Price: $799,000. (Original Price: $895,000 and 231 days on the market since 02/26/2018.) This is a 1983 built, 3 bedroom/2 bath, 1,344 sq ft single family home on a 3,216 sq ft lot. Broker comments are “This perfect location is just minutes to Aspen’s Downtown core and Smuggler Mountain Open Space. The spacious floor plan has three bedrooms and two full baths. The home is situated on a large Smuggler Park lot. Enjoy all day sunshine and Aspen Mountain views from the front deck and landscaped front yard. Cozy up to the wood-burning fireplace in winter. Smuggler Park is just steps from the house. Walk, bike or catch the free bus to town. Hunter Creek Trail, Herron Park and The Rio Grande Trail are all nearby. There is plenty of parking in front of the house as well as common parking across the street. This is the ideal Smuggler Park location with all day sunshine and convenient to everything. Owner must occupy property six months and one day. Property must be sold to persons employed in City of Aspen or Pitkin County. After a four-month listing period if there are no buyers who are employed with city or county, property may be offered to a Pitkin County resident. (Residency requires evidence of 1500 hours employment per year in Pitkin County. Buyer must agree that they will occupy as primary residence and must be approved by APCHA and Smuggler HOA.” 2018 taxes: $1,002; HOA Dues: $373 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/31/2018; Sold Date: 10/15/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #156481 – Red Mountain, 1766 Red Mountain Ranch Road, Aspen, CO: Vacant land / lot: Sold Price: $8,000,000. More details below photo.

MLS #156481 – Red Mountain, 1766 Red Mountain Ranch Road, Aspen, CO: Vacant land / lot: Sold Price: $8,000,000. Aspen lots for sale. Ask Price: $8,000,000. (Original Price: $8,000,000 and on the market since 10/01/2018.) This is a 33,877 sq ft single family vacant lot. Broker comments are “Sold before MLS.” 2017 taxes: $9,683. Under Contract Date: 10/01/2018; Sold Date: 10/01/2018. (Photos and broker comments courtesy of Compass)

MLS #155139 – Park Central, Central Core, 215 S Monarch Street Unit 303, Aspen, CO: Sold Price: $650,000/$986 sq ft. More details below photo.

MLS #155139 – Park Central, Central Core, 215 S Monarch Street Unit 303, Aspen, CO: Sold Price: $650,000/$986 sq ft. Aspen commercial industrias for sale. Ask Price: $679,000. (Original Price: $790,800 and 115 days on the market since 06/22/2018.) This is a 1-5 units, 659 sq ft commercial industria. Broker comments are “Great opportunity to own office space in downtown Aspen. Top floor, corner office in the heart of shops and restaurants, just a short throw from restaurant row.” 2017 taxes: $3,159; HOA Dues: $2,270 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/20/2018; Sold Date: 10/15/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #148545 – Little Texas, 102 N Little Texas Lane, Woody Creek, CO: River front vacant land / lot: Sold Price: $1,500,000. More details below photo.

MLS #148545 – Little Texas, 102 N Little Texas Lane, Woody Creek, CO: River front vacant land / lot: Sold Price: $1,500,000. Woody Creek lots for sale. Ask Price: $1,650,000. (Original Price: $1,650,000 and 517 days on the market since 04/21/2017.) This is a 41,987 sq ft single family vacant lot. Broker comments are “The largest lot in the fabulous river community of Little Texas. Established in 1947 as a summer retreat from the heat of Texas, this community of second home fishing cabins has morphed into an eclectic array of homes reaching into the 5 million dollar range. What hasn’t changed is the communal sharing of a long, peaceful stretch of water on the Roaring Fork and being 10 minutes to Aspen or Snowmass Village. The lower, park-like bench of Little Texas allows easy access to some of the best fly fishing waters on the Upper Roaring Fork. Build up to 5,750 sq ft on a flat building site with a great private well and onsite underground facilities. No HOA, no architectural reviews.” 2017 taxes: $9,443. Under Contract Date: 10/14/2017; Sold Date: 10/19/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #155669 – Central Core, 320 W Main Street, Aspen, CO: Sold Price: $320,000/$86 sq ft. More details below photo.

MLS #155669 – Central Core, 320 W Main Street, Aspen, CO: Sold Price: $320,000/$86 sq ft. Aspen commercial industrias for sale. Ask Price: $3,500,000. (Original Price: $3,500,000 and 73 days on the market since 08/03/2018.) This is a 6-10 units, 3,681 sq ft commercial industria. Broker comments are “Historically preserved with original oak trim and floors plus leaded glass windows. This is a classical Victorian with a grand presence.  Beautiful open staircase, large rooms with high ceilings. Beautiful interior. Must see. ” 2017 taxes: $27,210. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/09/2018; Sold Date: 10/15/2018. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)

MLS #155511 – Country Club Villas, 150 Snowmass Club Circle 1523, Snowmass Village, CO: Sold Price: $647,500/$610 sq ft; furnished. More details below photos.

MLS #155511 – Country Club Villas, 150 Snowmass Club Circle 1523, Snowmass Village, CO: Sold Price: $647,500/$610 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $675,000. (Original Price: $675,000 and 748 days on the market since 02/10/2016.) This is a 1987 built and 2007 remodeled, 2 bedrooom/2 bath, 1,060 sq ft condo. Broker comments are “Beautifully remodeled, large 2 bedroom with golf course and ski area views. Many upgrades including designer lighting, marble entry, custom kitchen and high-end furniture. Lots of light and stunning views. Includes membership to the Snowmass Club, with gym, pools, spa, indoor and outdoor tennis, and $35 cart fee for golf. Owners can have 2 dogs. Great for short term or long term use. Newly installed washer/dryer in hall closet.” 2017 taxes: $2,482; HOA Dues: $3,420 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/04/2018; Sold Date: 10/16/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #140781 – Terrace House, 65 Campground 70, Snowmass Village, CO: Sold Price: $465,600/$512 sq ft; furnished. More details below photos.

MLS #140781 – Terrace House, 65 Campground 70, Snowmass Village, CO: Sold Price: $465,600/$512 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $495,000. (Original Price: $597,500 and 1,148 days on the market since 08/24/2015.) This is a 1972 built and 1999 remodeled, 2 bedrooom/2 bath, 908 sq ft condo. Broker comments are “One of the lowest priced ski-in ski-out 2 bedroom, 2 bath unit in Snowmass Village. Perfect location, just above Base Village and below Top of the Village. Enjoy a quiet dinner at The Artisan in the evening that is just a few steps away. Great proven rental income. Exterior of the building was recently renovated and the interior was remodeled in 1999. Amenities include convenient parking, shuttle service, hot tub, use of the Stonebridge pool, ski storage, common area for washer/dryer and on site management.” 2017 taxes: $1,680; HOA Dues: $2,112 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/24/2018; Sold Date: 10/18/2018. (Photos and broker comments courtesy of Laura Maggos Properties)

MLS #155284 – Woodbridge Condominiums, 35 Upper Woodbridge Rd. 1-AB, Snowmass Village, CO: Sold Price: $455,000/$497 sq ft; furnished. More details below photos.

MLS #155284 – Woodbridge, 35 Upper Woodbridge Rd. 1-AB, Snowmass Village, CO: Sold Price: $455,000/$497 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $475,000. (Original Price: $475,000 and 84 days on the market since 07/20/2018.) This is a 1973 built and 2004 remodeled, 2 bedrooom/2 bath/1 loft, 915 sq ft condo. Broker comments are “Well located, ground floor unit in the 1 Building. Perpendicular to Brush Creek Rd so no road impact. Light and bright with new appliances in 2016. In unit washer & dryer in 2017, and both bedrooms feature sliding glass doors that walk out to open space. Very private location with south facing deck off great room.. Tenant in place thru Oct, 2018 at $3,150/mo.” 2017 taxes: $1,443; HOA Dues: $3,000 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/01/2018; Sold Date: 10/12/2018. (Photos and broker comments courtesy of Adler Real Estate)

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