Aspen Real Estate Market  Last Week’s Sales: June 16 – 23, 19 – Week 25

Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (8) + Under Contract / Pending (4).

The May 2019 Aspen Snowmass Village Real Estate Market Report Snapshot was posted June 4th in Current Reports.  The Monthly Snapshots are posted on or near the 1st Monday of every month. (April 2019 was sooo late. Is off-season an excuse? No. My apology.)

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. 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: June 16 – 23, 2019 Aspen CO real estate market activity, Week 25

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 (8):  MLS#s: 154348, 154536, 154730, 155302, 158277, 158917, 159870, 155632. This link is valid until 7/26/2019.

Under Contract/Pending (4): MLS#s: 154560, 155459, 156044, 159197. This link is valid until 7/23/2019.

Sold Properties Last Week:

MLS #154348 – Starwood, McLain Flats, 220 N Starwood Drive, Aspen, CO: Sold Price: $4,400,000/$765 sq ft; unfurnished. Sold Date: 06/17/2019. More details below photos.

MLS #154348 – Starwood, McLain Flats, 220 N Starwood Drive, Aspen, CO: Sold Price: $4,400,000/$765 sq ft; unfurnished. Sold Date: 06/17/2019. Aspen homes for sale. Ask Price: $4,950,000. (Original Price: $4,950,000 and 1,553 days on the market since 10/25/2014.) This is a 2006 built, 4 bedroom/3 bath/1 half-bath, 5,750 sq ft single family home with 2 car garage on a 3.85 acres lot. Broker comments are “Stunningly beautiful views from this custom home atop Starwood that overlooks the entire upper Aspen valley as well the Starwood ranch open space. Located very close to the gate house for quick access in and out of the best gated community in all of Colorado. This home has a very practical 2 level layout; master bedroom plus 2 guest rooms, large gourmet kitchen, living room, garage and outdoor decks for entertaining are all conveniently located on the upper main floor. The lower level (all above grade) has a very spacious office which could be another guest suite along with 4th bedroom and a very large ”pool/recreation room” with kitchen. There is an indoor swimming pool that has been covered up yet can easily be brought back to a fun, functioning swimming pool.” 2018 taxes: $21,884; HOA Dues: $350 per Yr. Under Contract Date: 04/16/2019; Sold Date: 06/17/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #155632 – Pine Glen Townhomes, Central Core, 1010 E Hyman Avenue W, Aspen, CO: Sold Price: $5,000,000/$1,675 sq ft;  unfurnished. Sold Date: . More details below photos.

MLS #155632 – Pine Glen Townhomes, Central Core, 1010 E Hyman Avenue W, Aspen, CO: Sold Price: $5,000,000/$1,675 sq ft; unfurnished. Sold Date: . Aspen duplex/half-duplex for sale. Ask Price: $6,900,000. (Original Price: $7,900,000 and days on the market since 8/10/16.) This is a 1993 built and 2016 remodeled, 3 bedroom/3 bath/1 half-bath, 2,984 sq ft duplex/half-duplex with a 2 car garage. Tim’s notes: “This is a beautifully redone townhome but in their remodel, the owners/sellers failed to mitigate an Entran II issue. Entran II tubes were installed in in-the-floor radiant heat systems in homes built 1989 – 1993… “They are the tubes carrying glycol started out orange and flexible, like garden hoses. Over time, the tube released plasticizers that hardened the tube, effectively dissolving in hot water, according to expert testimony. The first phase of the problem begins with leaks where the hose connects to the manifold, and continues until the tube spontaneously cracks and leaks elsewhere in the property.” Homeowners with Entran II may or may never experience a failure of the pipes in their predicted 25-30 year lifespan. It is this uncertainty, especially in vacation homes when on-demand properties must be in 100% working condition, that creates an unmarketable property until the heating system is mitigated or replaced. All existing flooring, trim and doorways must be torn up in order to replace Entran II.”   Broker comments are “Beautiful three bedroom townhouse three blocks from Aspen’s core. Located at the end of East Hyman Ave, unit offers great views of Aspen Mountain as well as Red Mountain from the roof deck. Remodeled in 2016 makes it turnkey. Great light, quiet location, this is a must see. 3rd bedroom is designated as an ADU. See documents for rental restrictions. Property has Entran II.” 2018 taxes: $14,387. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: ; Sold Date: . (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #158917 – North 40 PUD, West Aspen, 105 Riverdown Drive, Aspen, CO: RO – Resident Occupied – Deed Restricted Single Family Home;  Sold Price: $925,000/$492 sq ft; unfurnished. Sold Date: 06/19/2019. More details below photos.

MLS #158917 – North 40 PUD, West Aspen, 105 Riverdown Drive, Aspen, CO: RO – Resident Occupied – Deed Restricted Single Family Home;Sold Price: $925,000/$492 sq ft; unfurnished. Sold Date: 06/19/2019. Aspen homes for sale. Ask Price: $1,050,000. (Original Price: $1,198,000 and 99 days on the market since 03/13/2019.) This is a 2001 built, 2 bedroom/2 bath/1 half-bath/1 bonus room, 1,877 sq ft single family home with 1 car garage on a 4,791 sq ft lot. Broker comments are “This is a wonderful single family ”resident occupied” home whwre Pitkin County Housing Authority (APCHA) requires that you have worked in Pitkin County for 3 yrs. The charming home has approx. 2,100 square feet of heated space plus patio, 1-car garage, & 2 parking spaces. It is pristine & charming inside. The living room has wood floors lots of windows & light, with views to the mountains & down to the Roaring Fork River. There is a gas fireplace in the living room, a charming dining room area & a kitchen that can cook for a family. On this level is a half bath & a large guest suite with private bath. Upstairs is a master suite with large bath & walk in closets Additionally, there is another large heated space above garage with sink and cabinets. On the house are solar panels-almost no electric bills.” 2018 taxes: $2,747; HOA Dues: $1,480. Under Contract Date: 05/08/2019; Sold Date: 06/19/2019. (Photos and broker comments courtesy of Compass Aspen)

MLS #154730 – Fifth Ave Condominium, Central Core, 800 S Mill Street 7, Aspen, CO: Sold Price: $2,385,000/$2,224 sq ft; furnished. Sold Date: 06/17/2019. More details below photos.

MLS #154730 – Fifth Ave Condo, Central Core, 800 S Mill Street 7, Aspen, CO: Sold Price: $2,385,000/$2,224 sq ft; furnished. Sold Date: 06/17/2019. Aspen condos for sale. Ask Price: $2,495,000. (Original Price: $2,650,000 and 304 days on the market since 06/18/2018.) This is a 1965 built and 2018 remodeled, 3 bedroom/3 bath, 1,072 sq ft condo. Broker comments are “Presenting an opportunity to purchase a newly remodeled 3bd/3ba condo. The interior is under construction, slated for completion Memorial Day Weekend 2019.The exterior remodel to include a newly remodeled pool is complete. This condo is 1,072 square feet and sleeps 6. It is an end unit that is North facing with views of Red Mountain. This ground level unit is adjacent to its reserved parking space with its own private entrance and balcony. It will feature high-end Bosch kitchen appliances, custom cabinetry in kitchen and baths and upgrades throughout. It also has a wood-burning fireplace. Ski-in/ski-out with Ski locker.” 2017 taxes: $2,090; HOA Dues: $3,180 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/17/2019; Sold Date: 06/17/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #154536 – West Meadow, West Aspen, 1320 Mountain View Drive, Aspen, CO: Aspen Vacant Lot for Sale; Sold Price: $2,500,000. Sold Date: 06/14/2019. More details below photos.

MLS #154536 – West Meadow, West Aspen, 1320 Mountain View Drive, Aspen, CO: Aspen Vacant Lot for Sale; Sold Price: $2,500,000. Sold Date: 06/14/2019. Aspen lots for sale. Ask Price: $2,975,000. (Original Price: $2,975,000 and 844 days on the market since 07/14/2016.) This is a 16,135 sq ft single family lot. Broker comments are “Amazing opportunity to build your dream home in Aspen. A large,flat, single family lot of 16,135 feet located on a cul de sac. Year round, all day, sun and great views toward Ajax, Red Mountain and Red Butte. Ready to design and build or work with the existing, older home. Cute 3 bedroom, well maintained home can be rented or lived in while your design your home. Easy walk to Cemetery Lane bus and trail system. Fantastic access to the golf course and Rio Grand Trail as well.” 2016 taxes: $5,636; HOA Dues: $100 per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/14/2018; Sold Date: 06/14/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #158277 – Lazy O Ranch, Tbd Lazy O Road Lot 16, Old Snowmass, CO: Old Snowmass Vacant Lot for Sale; Sold Price: $499,000. Sold Date: 06/18/2019. More details below photos.

MLS #158277 – Lazy O Ranch, Tbd Lazy O Road Lot 16, Old Snowmass, CO: Sold Price: $499,000. Old Snowmass Vacant Lot for Sale; Sold Date: 06/18/2019. Old Snowmass lots for sale. Ask Price: $499,000. (Original Price: $499,000 and 3,021 days on the market since 05/05/2010.) This is a 4.64 acres single family vacant lot. Broker comments are “Lazy O Ranch in Old Snowmass consists of 1500 acres and is a real working ranch that requires only rest, relaxation and enjoyment from you. Located in close proximity to Aspen, Basalt and the Roaring Fork Club, the exclusive residential portion of the ranch is limited to only 22 individual lots which are perfect for the rural at heart. Owners enjoy amenities such as stocked trout ponds, tennis and equestrian facilities including barns, covered stalls, pastures and an onsite ranch mgr. Build your own estate home overlooking the 454 acres of sprawling agricultural land and the 870 acres of wildlife conservation. The designated building envelope of the lot is flanked on three sides by ridges for added privacy. In addition to ranching duties, the mgr provides security and other services.” 2018 taxes: $15,036. Under Contract Date: 04/19/2019; Sold Date: 06/18/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #159870 – Melton Ranch, 287 Meadow Road, Snowmass Village, CO: Sold Price: $2,345,000/$821 sq ft; unfurnished. Sold Date: 06/11/2019. More details below photo.

MLS #159870 – Melton Ranch, 287 Meadow Road, Snowmass Village, CO: Sold Price: $2,345,000/$821 sq ft; unfurnished. Sold Date: 06/11/2019. Snowmass Village homes for sale. Ask Price: $2,375,000. (Original Price: $2,375,000 and 72 days on the market since 03/31/2019.) This is a 1972 built and 2005 remodeled, 4 bedroom/3 bath/1 half-bath, 2,856 sq ft single family home with 2 car garage on a 19,516 sq ft lot. Broker comments are “Sold before MLS.” 2019 taxes: $6,037. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/06/2019; Sold Date: 06/11/2019. (Photos and broker comments courtesy of Roaring Fork Realty, LLC)

MLS #155302 – Ridge Run, 34 Stellar Lane, Snowmass Village, CO: Sold Price: $2,035,000/$488 sq ft; furnished. Sold Date: 06/20/2019. More details below photos.

MLS #155302 – Ridge Run, 34 Stellar Lane, Snowmass Village, CO: Sold Price: $2,035,000/$488 sq ft; furnished. Sold Date: 06/20/2019. Snowmass Village homes for sale. Ask Price: $2,295,000. (Original Price: $2,495,000 and 323 days on the market since 07/19/2018.) This is a 1981 built and 2005 remodeled, 4 bedroom/5 bath/1 loft/1 den, 4,169 sq ft single family home with 2 car garage on a 32,463 sq ft lot. Broker comments are “Single family home in a tranquil wooded setting near the top of Ridge Run. Features include a delightful layout with 4 bedrooms grouped together on two levels for proximity and separation, master bedroom with own private sitting room, multiple levels that are all above grade, including a office/loft on the upper level plus a lower level den. The entrance makes a statement with a mid-century chandelier that goes up to the top level. The kitchen is large enough to feed the entire crowd, who can eat both in the dining area or the 500 square-foot deck located just outside. The hot tub, sauna, and furnishings are included. Abundant storage runs throughout the home and the lower level has large rooms, including a bright laundry room. The home is situated on a corner lot between the Lower Loop and Stellar Lane off of Faraway Road. Summer trails and ski slopes are accessible up and down the street. Dial-a-Ride delivers owners and guests to and from Base Village, Snowmass Mall, and Snowmass Club. Make this your home for many memories to come.” 2018 taxes: $9,717; HOA Dues: $90 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/15/2019; Sold Date: 06/20/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)

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