Aspen Real Estate Market  Last Week’s Sales: Jul 7 – 14, 19 – Week 28

Closed (6) + Under Contract / Pending (11).

The June & YTD 2019 Aspen Snowmass Village Real Estate Market Report Snapshot was posted July 5th in Current Reports.    The Monthly Snapshots are posted on or near the 1st Monday of every month. 

Just Released Bi-Annual – Estin Report: Aspen Snowmass Real Estate Market 2019 Winter Spring

The updated Pace of Sales Charts Q1 2008 through Q1 2019 were posted in Charts on Apr 8, 19. New charts through Q2 2019 will be posted later this week.  These answer the question “Where are we now compared to prior periods?” and indicate market direction trend lines.

     
                                   Aspen & Snowmass Village Historic Real Estate Sales Chart Series

Blog Post: Jul 7 – 14, 2019 Aspen CO real estate market activity, Week 28

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 (6):  MLS#s: 156345, 153797, 156788, 157332, 158394, 159113.  This link is valid until 8/13/2019.

Under Contract/Pending (11): MLS#s: 142591, 148750, 150584, 155280, 157261, 157842, 157964, 158734, 158736, 159695, 159933.  This link is valid until 8/13/2019.

Sold Properties Last Week:

MLS #157332 – Riverside, Central Core, 332 N Riverside Avenue, Aspen, CO: Sold Price: $6,400,000/$2,129 sq ft; furnished. Sold Date: 07/10/2019. More details below photos.

MLS #157332 – Riverside, Central Core, 332 N Riverside Avenue, Aspen, CO: Sold Price: $6,400,000/$2,129 sq ft; furnished. Sold Date: 07/10/2019. Aspen half-duplex townhouses for sale. Ask Price: $6,995,000. (Original Price: $7,500,000 and 833 days on the market since 01/16/2017.) This is a brand new, spec-home,  2018 built, 4 bedroom/4 bath/1 half-bath, 3,005 sq ft duplex/half-duplex with 1 car garage on a 7,000 sq ft lot. Tim’s notes: The property is located on the east edge of town just across the Roaring Fork River on the north side of Hwy 82. Because of buyer’s pre-occupation with in-town walkability and a low inventory of properties for sale in the Core, what was once a marginal location due to Hwy 82 impacts has become acceptable and profitable for developers. The developer purchased this duplexable lot for the bargain price of $2.5 in summer 2015. There are currently (2) other opportunities to buy in this area – another similar townhome at $6.99M and a beautiful single family home at $15.5M. Contact Tim at 970.309.6163 or email. for additional info and showings. Broker comments are “Beautifully designed new contemporary townhome in Aspen. This 3,000 sq. ft. townhouse is a few blocks to restaurants, shopping and the Gondola Plaza. Boasting spectacular views of Aspen Mountain and Smuggler. 4 bedrooms with 4.5 bathrooms, beautifully appointed kitchen for entertaining and dining. Garden level living area and a luxurious media room. 5 private snow melted patios. Enjoy the views and sound of the Roaring Fork River off the kitchen. This furnished home offers an open floor design, high ceilings throughout with elegant interiors and fireplaces on every level. The master suite bathroom includes a soaking tub and a steam shower for total relaxation. Included in this home is radiant heat, air conditioning, snow melt, Control 4 AV system throughout. No HOA.” City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/23/2019; Sold Date: 07/10/2019. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #156788 – Townsite of Aspen, Central Core, 975 King Street, Aspen, CO: Sold Price: $5,150,000/$1,862 sq ft; unfurnished. Sold Date: 07/08/2019. More details below photos.

MLS #156788 – Townsite of Aspen, Central Core, 975 King Street, Aspen, CO: Sold Price: $5,150,000/$1,862 sq ft; unfurnished. Sold Date: 07/08/2019. Aspen homes for sale. Ask Price: $5,495,000. (Original Price: $5,995,000 and 238 days on the market since 11/12/2018.) This is a 1930 built and 1980 remodeled, 5 bedroom/3 bath, 3,118 sq ft single family home on a 16,616 sq ft lot. Tim’s notes: This property sold at or near lot value for a teardown home in a “B” location with compromised Aspen Mountain views but close to town in the Smuggler area. Broker comments are “Prime Aspen property that captures the rare combination of views, privacy and a short walk to downtown shops and restaurants! Over a third of an acre with a flat building area and an existing home to rent or occupy during the design/permit/build process. Preliminary zoning analysis indicates a single family home of over 4,000 square feet above grade can be built (with additional below grade space). Herron Park and the Rio Grande trail are a three minute walk and the popular Smuggler & Hunter Creek trails are nearby. Great opportunity to build exactly what you want in a superb location.” 2018 taxes: $7,336. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/08/2019; Sold Date: 07/08/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #156345 – Aspen Village Mobile Park, Woody Creek, 132 Aspen Village, Aspen, CO: Sold Price: $470,000/$299 sq ft; unfurnished. Sold Date: 07/05/2019. More details below photos.

MLS #156345 – Aspen Village, Woody Creek, 132 Aspen Village, Aspen, CO: Sold Price: $470,000/$299 sq ft; unfurnished. Sold Date: 07/05/2019. Aspen homes for sale. Ask Price: $495,000. (Original Price: $550,000 and 277 days on the market since 10/01/2018.) This is a 2002 built, 3 bedroom/2 bath, 1,568 sq ft single family home on a 5,684 sq ft lot. Tim’s notes: Aspen Village is a mobile home park located about 8 miles west of Aspen. Properties sold here are deed restricted and buyer must be employed in Pitkin County. Broker comments are “Located in the Aspen School District, this 2002 built home is located on the rarely available back row of the subdivision. This 3 bedroom, 2 bath home has an open floor plan with vaulted ceilings and lots of natural light. The kitchen offers abundant cabinet space and a new gas range. There are 3 walk in closets plus a coat closet and laundry room & the high R value means low utility bills. No HOA or water fees; Aspen Village has its own Metro District. There is a clubhouse, gym, pool, playground, community garden and a storage lot. These are just a few reasons why Aspen Village is the smart choice for locals. Located on the bus route and easy access to the Rio Grande Trail via an underpass. RO (Resident Occupied) deed restriction per APCHA (Aspen Pitkin County Housing Authority), Buyer must work 1500 plus hours a year in the Roaring Fork Valley.” 2018 taxes: $3,739. Under Contract Date: 05/31/2019; Sold Date: 07/05/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #158394 – Original Curve Condominiums, Central Core, 725 E Main Street, Aspen, CO: Sold Price: $424,000/$1,211 sq ft; unfurnished. Sold Date: 07/09/2019. More details below photos.

MLS #158394 – Original Curve Condos, Central Core, 725 E Main Street, Aspen, CO: Sold Price: $424,000/$1,211 sq ft; unfurnished. Sold Date: 07/09/2019. Aspen condos for sale. Ask Price: $429,000. (Original Price: $429,000 and 83 days on the market since 03/25/2019.) This is a 1970 built, studio/1 bath, 350 sq ft condo. Broker comments are: “This third level unit enjoys new paint and carpeting throughout with an ideal location and proximity to everything Aspen has to offer. Owners enjoy a storage unit and a common laundry room in lower level. Short or long term rentals allowed, and easy access to skiing.” 2018 taxes: $1,084; HOA Dues: $3,568. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/24/2019; Sold Date: 07/09/2019. (Photos and broker comments courtesy of Engel & Volkers Snowmass)

MLS #159113 – Gateway To Snowmass, 29/30 Shining Mountain Way, Old Snowmass, CO: Sold Price: $1,545,000/$266 sq ft; unfurnished. Sold Date: 07/10/2019. More details below photos.

MLS #159113 – Gateway To Snowmass, 29/30 Shining Mountain Way, Snowmass, CO: Sold Price: $1,545,000/$266 sq ft; unfurnished. Sold Date: 07/10/2019. Old Snowmass condos for sale. Ask Price: $1,425,000. (Original Price: $1,425,000 and 65 days on the market since 05/06/2019.) This is a 1971 built and 2015 remodeled, 12 bedroom/7 bath/1 half-bath, 5,790 sq ft condo. Broker comments are “Multiple family opportunity 1.4 miles up Snowmass Creek Road. One duplex (both 2 bedrooms, one with two baths, one with 1.5 baths) and one fourplex (all 2 bedroom/1 bath) along with a 1250 sq ft barn, 726 sq ft loafing shed, and 3 sheds on 6.852 acres.” Under Contract Date: 05/16/2019; Sold Date: 07/10/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #153797 – Meadow Ranch, 40 Meadow Ranch Road, Snowmass Village, CO: Sold Price: $1,100,000/$464 sq ft; unfurnished. Sold Date: 07/11/2019. More details below photos.

MLS #153797 – Meadow Ranch, 40 Meadow Ranch Road, Snowmass Village, CO: Sold Price: $1,100,000/$464 sq ft; unfurnished. Sold Date: 07/11/2019. Snowmass Village homes for sale. Ask Price: $1,270,000. (Original Price: $1,290,000 and 399 days on the market since 05/02/2018.) This is a 1977 built and 2004 remodeled, 4 bedroom/3 bath/1 half-bath, 2,370 sq ft single family home. Broker comments are “Free-standing home in Meadow Ranch in the Aspen School District. Remodeled beautifully in 2004. Three levels, 4 bedrooms, 3.5 baths, 2 entrances. Wonderful top floor living area, kitchen, dining & living room with fireplace and hardwood floors. Three bedrooms on entry level. Granite counter tops and chef’s kitchen with re-done bathrooms throughout. Separate entrance to lower level. New roof recently radon mitigated. Plenty of storage. Large concrete patio off master bedroom. One dog allowed per owner.” 2017 taxes: $4,310; HOA Dues: $1,696 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/30/2019; Sold Date: 07/11/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

_______________________