The Estin Report - Aspen, Colorado
The Estin Report - Aspen, Colorado The Estin Report - Aspen, Colorado The Estin Report - Aspen, Colorado

  Estin Report
 
Aspen real estate intelligence ©

  

Be informed, be educated, be advised by one the town's best real estate brokers according to local media. Aspen Sotheby's Int'l broker agent Tim Estin MBA, GRI authors the primary market guide for Aspen Snowmass real estate, homes for sale and property info - the #1 trusted Aspen real estate market resource.  Original objective reports and over 14,000 pages of current and archived content. Call Tim for expert guidance and counsel.

       Estin Report
     
Aspen real estate intelligence ©

EstinReportSeal 125res 175x175

Be informed, be educated, be advised by one the town's best real estate brokers according to local media. Aspen Sotheby's Int'l broker agent Tim Estin MBA, GRI authors the primary market guide for Aspen Snowmass real estate, homes for sale and property info - the #1 trusted Aspen real estate market resource. Original reports and over 14,000 pages of current and archived content. For expert guidance and counsel, please call or txt 970.309.6163.

Tim Estin

Tim Estin MBA, GRI
970.309.6163 cell + text

 



Broker Associate
Aspen Snowmass Sotheby's
International Real Estate
300 S.Spring St #100
Aspen, CO 81611

 

Aspen, CO
Mountain Standard Time 
(MST)

 

Estin Report

Mid-Year 2017

Aspen Real Estate

 

"Aspen real estate
is in turn-a-round

mode from a dismal
2016 when global

uncertainty curtailed
buyers' appetite for
luxury high end

2nd home purchases.

Post-election 2016,
an upper-end

Aspen real estate
recovery is in

full bloom. "


Read more...

 

July 2017
Aspen Real Estate
Snapshot

Bottom Line:

 

The Aspen market
continues to be
in hyper-sales
territory. Activity
is and feels
super-charged.
Add to that
momentum, early
August is the
time when buyers
typically get real
estate focused with
summer's ending in
sight. This is the
busiest time of year.
We should see a
steady stream of
offers and under
contracts now
through the end
of September.

Read more...

 

 

(See Interest Rate Historical Chart

since 1790 and

Consumer Price Calculator)

 

 

 

The Estin Report - Aspen, Colorado
The Estin Report - Aspen, Colorado
The Estin Report - Aspen, Colorado

Value Outside Aspen Core: 2013 Built McLain Flats Home Closes at $10.5M/$1,098 Sq Ft


 

August 13-20, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (12) + Under Contract / Pending (15)


I am hoping to launch a redesigned site in late August.

The Estin Report: July 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports. The Snapshots are usually posted on or near the 1st Monday of the month. 

Excerpt from July 2017 Snapshot:

"The Aspen market continues to be in hyper-sales territory. Activity is and feels super-charged. Add to that, early August is the time when buyers get real estate focused with summer's ending in sight. This is the busiest time of year. We should see a steady stream of offers and under contracts now through the end of September. The Aspen market is bifurcated: there's inside the roundabout and there's outside. Aspen’s most coveted neighborhoods..." 

Estin Report: Mid-Year 2017 State of Aspen Real Estate was released in June 2017 in Current ReportsThe 32-Page report is available on-line as PDF and is available in  print in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.

"Flip Job" Examples: See recent Before/After Redevelopmentin the Flip Jobs Section near the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (06/14/17) as additional re-sale properties come on the market at significantly higher prices.

 A "Read more" link has been recently added under the 1st of last week's sold properties displayed below. This will improve site performance.

__________________________

 

Market Activity Week 34, August 13 - 20, 2017

Aspen Snowmass real estate 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 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity.  Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. 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 (12):  MLS#s 142326, 142683, 145009, 145521, 146214, 147009, 147506, 147541, 147687, 149735, 149939, 150515. This link is valid until 9/19/2017.

Under Contract/Pending (15)MLS#s 141942, 141826, 142830, 143711, 144439, 144440, 145207, 147254, 148068, 149369, 149519, 149521, 149780, 150273, 150366. This link is valid until 9/19/2017.

Aspen Snowmass Solds Last Week:  

MLS #149939 - White Horse Springs, McLain Flats, 2780 Mclain Flats Road, Aspen, CO. Sold Price: $10,500,000/$1,098 sq ft; partial-furnished. More details below photos.

Aspen real estate 082017 149939 2780 Mclain Flats Road 1 590W  Aspen real estate 082017 149939 2780 Mclain Flats Road 2 590W  Aspen real estate 082017 149939 2780 Mclain Flats Road 3 190H Aspen real estate 082017 149939 2780 Mclain Flats Road 4 190H  Aspen real estate 082017 149939 2780 Mclain Flats Road 5 190H Aspen real estate 082017 149939 2780 Mclain Flats Road 6 190H

MLS #149939 - White Horse Springs, McLain Flats, 2780 Mclain Flats Road, Aspen, CO. Sold Price: $10,500,000/$1,098 sq ft; partial-furnished. Aspen single family home for sale. Ask Price: $12,750,000. (Original Price: $15,500,000 and 1,112 days on the market since 06/26/2014.) This deal is testament to the better property values available just outside the Aspen core. The McLain Flats/Starwood area is absolutely beautiful with gorgeous, drop dead high mountain panoramic views. This is a 2013 built, 7 bedroom/7 bath/1 half-bath, 9,952 sq ft single family home with 4+ car garage on a 4.23 acres lot. Broker comments are "Contemporary residence with soaring spaces, consistently awash in natural light has drop-dead views from Independence Pass to Mt. Sopris. This six-bedroom home replete with state of the art amenities, plus a one-bedroom guest house and small barn. A neutral palate accommodates any taste. The finest finishes and craftsmanship are found throughout this sculptural masterpiece." 2016 taxes: $30,364; HOA Dues: $1,530 per Yr. Under Contract Date: 07/30/2017; Sold Date: 08/15/2017. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

 

MLS #145009 - Ridge of Red Mountain, Red Mountain, 27 Nighthawk Drive, Aspen, CO. Sold Price: $8,500,000/$1,619 sq ft; furnished. More details below photos.

Aspen real estate 082017 145009 27 Nightwalk Drive 1 590W  Aspen real estate 082017 145009 27 Nightwalk Drive 2 590W  Aspen real estate 082017 145009 27 Nightwalk Drive 3 190H Aspen real estate 082017 145009 27 Nightwalk Drive 4 190H  Aspen real estate 082017 145009 27 Nightwalk Drive 5 190H Aspen real estate 082017 145009 27 Nightwalk Drive 6 190H

MLS #145009 - Ridge of Red Mountain, Red Mountain, 27 Nighthawk Drive, Aspen, CO. Sold Price: $8,500,000/$1,619 sq ft; furnished. Aspen single family home for sale. Ask Price: $8,985,000. (Original Price: $9,450,000 and 399 days on the market since 07/07/2016. Prior closing:  05/18/15 at $5.6M/$1,067 sq ft.) This is a 2002 built and 2016 spec remodel, 4 bedroom/4 bath/2 half-bath, 5,250 sq ft single family home with 2 car garage on a 15,681 sq ft lot. The house is located at the intersection of Draw Dr and Nighthawk, in a small valley, with limited Red Mountain views. Broker comments are "This stunning contemporary re-envisioning of a mountain classic, with no detail overlooked, is being offered completely ''turn-key'' furnished down to the bathrobes. Warm finishes and thoughtfully designed living spaces mingle to create a brand new, sophisticated, contemporary addition to Red Mountain. This magnificent estate boasts an oversized master suite, a spacious guest master, an open kitchen with adjacent breakfast nook and dining area, a full bar with walk-in wine room, a home theater, and an oversized two-car garage with extra storage. South-facing, sun soaked patios complete with an outdoor kitchen, fire pit, and hot tub make this an exceptional property for any time of year." 2015 taxes: $10,643; HOA Dues: $554 per Yr. Under Contract Date: 08/01/2017; Sold Date: 08/11/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby's International Realty-Hyman Mall)

 

MLS #147541 - Townsite of Aspen, Central Core, 219 N Monarch Street, Aspen, CO. Oversized duplexable lot for sale. Sold Price: $8,434,200/$3,654 sq ft. More details below photos.

Aspen real estate 082017 147541 219 N Monarch Street 5 190H  Aspen real estate 082017 147541 219 N Monarch Street 2 190H Aspen real estate 082017 147541 219 N Monarch Street 3 190H  Aspen real estate 082017 147541 219 N Monarch Street 4 190H Aspen real estate 082017 147541 219 N Monarch Street 1 590W

MLS #147541 - Townsite of Aspen, Central Core, 219 N Monarch Street, Aspen, CO. Sold Price: $8,434,200/$3,654 sq ft. Oversized duplexable lot for sale. Ask Price: $8,860,000. (Original Price: $8,860,000 and 223 days on the market since 01/04/2017. Prior sale: $7.4M on 06/04/15.) This is a 1949 built, 4 bedroom/3 bath/1 half-bath, 2,308 sq ft single family home with 2 car garage on a 9,000 sq ft lot located 2 blocks behind Carl's Pharmcy. Broker comments are "The only 9,000 sq/ft non-historic West-End lot one block from the Hotel Jerome that allows two (2) detached single family residences or a major single family contemporary home. No historic structures exist. NE corner lot has dead-on views of Aspen Mountain and the best location on this block away from the traffic on Bleeker and yet a block walk to Matsuhisu. A once in a lifetime opportunity to own the largest non-historic lot on this block for your dream single family home or as a redevelopment opportunity like no other combining all the charm of the West End but as close as you can get to the core of Aspen and still enjoy the quiet of a residential area." 2016 taxes: $11,140. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/07/2017; Sold Date: 08/15/2017. (Photos and broker comments courtesy of Whitman Fine Properties)

 

MLS #150515 - Maroon Creek Club, West Aspen, 71 N Willow Court, Aspen, CO. Sold Price: $6,250,000/$1,133 sq ft; partial-furnished. More details below photos.

Aspen real estate 082017 150515 71 N Willow Court 1 590W  Aspen real estate 082017 150515 71 N Willow Court 2 590W  Aspen real estate 082017 150515 71 N Willow Court 3 190H Aspen real estate 082017 150515 71 N Willow Court 4 190H  Aspen real estate 082017 150515 71 N Willow Court 5 190H Aspen real estate 082017 150515 71 N Willow Court 6 190H

MLS #150515 - Maroon Creek Club, West Aspen, 71 N Willow Court, Aspen, CO. Sold Price: $6,250,000/$1,133 sq ft; partial-furnished. Aspen single family home for sale. Ask Price: $6,500,000. (Original Price: $6,500,000 and 85 days on the market since 07/12/2016.) This is a 2000 built and 2010 remodeled, 5 bedroom/5 bath/1 half-bath, 5,512 sq ft single family home with 2 car garage on a 15,929 sq ft lot. Broker comments are "Sold before MLS". 2015 taxes: $17,097; HOA Dues: TBD per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/15/2017; Sold Date: 08/14/2017. (Photos and broker comments courtesy of Lorrie B Aspen)

 

MLS #147506 - Townsite of Aspen, Central Core, 401 E Hyman Avenue, Aspen, CO. Sold Price: $5,900,000 sq ft. More details below photos.

Aspen real estate 082017 147506 401 E Hyman Avenue 1 590W  Aspen real estate 082017 147506 401 E Hyman Avenue 2 190H Aspen real estate 082017 147506 401 E Hyman Avenue 3 190H

MLS #147506 - Townsite of Aspen, Central Core, 401 E Hyman Avenue, Aspen, CO. Sold Price: $5,900,000 sq ft. Aspen commercial ptoperty for sale. Ask Price: $5,900,000. (Original Price: $5,900,000 and 193 days on the market since 02/03/2017.) This is a 1960 built, 3,018 sq ft commercial industria on a 1,980 sq ft lot. Broker comments are "First time ever available for sale. Prime corner retail building. 100% A+ location across from the dancing fountain and the Wheeler Opera House. This is a unique income property at a 4% cap rate with 2 retail tenants and 2 seasonal outdoor vendors." 2016 taxes: $37,668. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/16/2017; Sold Date: 08/15/2017. (Photos and broker comments courtesy of Setterfield & Bright)

 

MLS #142326 - Larkspur Condos, Central Core, 800 E Hopkins A-2, Aspen, CO. Sold Price: $1,975,000/$1,371 sq ft; furnished. More details below photos.

Aspen real estate 082017 142326 800 E Hopkins A 2 1 590W  Aspen real estate 082017 142326 800 E Hopkins A 2 2 590W  Aspen real estate 082017 142326 800 E Hopkins A 2 3 190H Aspen real estate 082017 142326 800 E Hopkins A 2 4 190H  Aspen real estate 082017 142326 800 E Hopkins A 2 5 190H Aspen real estate 082017 142326 800 E Hopkins A 2 6 190H

MLS #142326 - Larkspur, Central Core, 800 E Hopkins A-2, Aspen, CO. Sold Price: $1,975,000/$1,371 sq ft; furnished. Aspen condo for sale. Ask Price: $2,125,000. (Original Price: $2,199,000 and 567 days on the market since 01/12/2016. Prior closing: 08/22/13 at $1.65M/$1,146 sq ft. New sale price is +16.5% four years later.) This is a 1974 built, 3 bedroom/2 bath/1 half-bath, 1,440 sq ft condo. Broker comments are "Centrally located, and beautifully remodeled 3 bedroom 2.5 bath Aspen townhouse. South facing open floor plan with views of Aspen Mountain allow natural light throughout the kitchen, living, and dining areas. 2 patios outside living room and master bedroom. The multi level design gives added privacy to the master & guest suites. Also a room that can be an office, kids den, or study room on the top floor. Assigned parking. Added features include laundry room, stainless appliances, laundry room, granite counter tops, large walk in closet in master bedroom, wood burning fireplace, covered patio and deck. Assigned off street parking and ample storage space. Pet friendly complex with a yard outside main bedroom. Enjoy Herron Park and Rio Grande river and trail right outside your door." 2014 taxes: $3,114; HOA Dues: $3,000 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/18/2017; Sold Date: 08/16/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

 

MLS #145521 - Aspen Alps, Central Core, 700 S Ute Avenue 107, Aspen, CO. Sold Price: $1,775,000/$1,570 sq ft; furnished. More details below photos.

Aspen real estate 082017 145521 700 Ute Avenue 107 1 590W  Aspen real estate 082017 145521 700 Ute Avenue 107 2 590W  Aspen real estate 082017 145521 700 Ute Avenue 107 3 190H Aspen real estate 082017 145521 700 Ute Avenue 107 4 190H  Aspen real estate 082017 145521 700 Ute Avenue 107 5 190H Aspen real estate 082017 145521 700 Ute Avenue 107 6 190H

MLS #145521 - Aspen Alps, Central Core, 700 S Ute Avenue 107, Aspen, CO. Sold Price: $1,775,000/$1,570 sq ft; furnished. Aspen condo for sale. Ask Price: $1,799,000. (Original Price: $1,799,000 and 765 days on the market since 07/14/2015.) This is a 1963 built and 2007 remodeled, 2 bedroom/2 bath, 1,130 sq ft condo. Convenient, ground floor unit. Broker comments are "Truly picture perfect. Very upscale remodel with beautiful finishes, materials, and top of the line touches. High end furnishings and accessories. Turnkey move in--furnished. 2 bedrooms plus office & vanity area. Kitchen and bathrooms are quite impressive. Reserved parking space for owner. Amenities include: pool, hot tub, tennis courts, sizable storage area. Ultimate convenience in the core. Excellent rental history." 2015 taxes: $2,367; HOA Dues: $1,740 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/11/2017; Sold Date: 08/15/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby's International Realty-Hyman Mall)

 

MLS #146214 - Central Core, 210 E Cooper Avenue 2a, Aspen, CO. Sold Price: $1,525,000/$1,564 sq ft; furnished. More details below photos.

Aspen real estate 082017 146214 210 E Cooper Avenue 2a 1 590W  Aspen real estate 082017 146214 210 E Cooper Avenue 2a 2 590W  Aspen real estate 082017 146214 210 E Cooper Avenue 2a 3 190H Aspen real estate 082017 146214 210 E Cooper Avenue 2a 4 190H  Aspen real estate 082017 146214 210 E Cooper Avenue 2a 5 190H Aspen real estate 082017 146214 210 E Cooper Avenue 2a 6 190H

MLS #146214 - Central Core, 210 E Cooper Avenue 2a, Aspen, CO. Sold Price: $1,525,000/$1,564 sq ft; furnished. Aspen condo for sale. Ask Price: $1,595,000. (Original Price: $1,650,000 and 1,054 days on the market since 09/08/2014.) This is a 1965 built and 2007 remodeled, 2 bedroom/2 bath, 975 sq ft condo. Broker comments are "Located just one block from Wagner Park in the center of Aspen, this 975 SqFt remodeled condo echos it's surroundings with a warm, neutral palette. Upgraded finishes include slab granite and marble counter-tops, custom cabinetry and walnut floors. The views from this second floor, 2 bedroom end unit feature both Aspen Mountain to the South and Red Mountain to the North from the windows and decks on either side. Off-street parking, whether in the underground garage or off the alley is another added benefit." 2016 taxes: $3,076; HOA Dues: $1,733 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/25/2017; Sold Date: 08/15/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

 

MLS #147009 - Central Core, 600 E Main Street #404, Aspen, CO. Sold Price: $1,475,000/$1,552 sq ft; furnished. More details below photos.

Aspen real estate 082017 147009 600 E Main Street 404 1 590W  Aspen real estate 082017 147009 600 E Main Street 404 2 590W  Aspen real estate 082017 147009 600 E Main Street 404 3 190H Aspen real estate 082017 147009 600 E Main Street 404 4 190H  Aspen real estate 082017 147009 600 E Main Street 404 5 190H Aspen real estate 082017 147009 600 E Main Street 404 6 190H

MLS #147009 - Central Core, 600 E Main Street #404, Aspen, CO. Sold Price: $1,475,000/$1,552 sq ft; furnished. Aspen condo for sale. Ask Price: $1,575,000. (Original Price: $1,575,000 and 237 days on the market since 12/16/2016.) This is a 1974 built and 2011 remodeled, 2 bedroom/2 bath, 950 sq ft condo. Broker comments are "This top floor condo has views of Aspen Mountain, Red Mountain, Independence Pass and Shadow Mountain. In the 2011 remodel, the kitchen was opened up and granite was installed against the west wall and around the kitchen. The condo has a gas log fireplace, washer/dryer and is fully furnished. Rarely does a top floor Concept condo come on the market. Building has underground parking and a newly upgraded elevator." 2016 taxes: $3,642; HOA Dues: $2,501 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/06/2017; Sold Date: 08/10/2017. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Durant)

 

MLS #142683 - Sunrise, Central Core, 1007 E Hyman Avenue 1, Aspen, CO. Sold Price: $998,000/$1,252 sq ft; unfurnished. More details below photos.

Aspen real estate 082017 142683 1007 E Hyman Avenue 1 1 590W  Aspen real estate 082017 142683 1007 E Hyman Avenue 1 2 590W  Aspen real estate 082017 142683 1007 E Hyman Avenue 1 3 190H Aspen real estate 082017 142683 1007 E Hyman Avenue 1 4 190H  Aspen real estate 082017 142683 1007 E Hyman Avenue 1 5 190H Aspen real estate 082017 142683 1007 E Hyman Avenue 1 6 190H

MLS #142683 - Sunrise, Central Core, 1007 E Hyman Avenue 1, Aspen, CO. Sold Price: $998,000/$1,252 sq ft; unfurnished. Aspen condo for sale. Ask Price: $1,125,000. (Original Price: $1,200,000 and 764 days on the market since 04/13/2015.) This is a 1977 built, 1 bedroom/1 bath, 797 sq ft condo. Broker comments are "Great Location and Opportunity. Fantastic location. Walk to all that Aspen has to offer, just six blocks to the Gondola. 800 SF ground floor corner unit with a large private patio, Aspen Mountain views and assigned parking space. Excellent income potential. Dogs allowed owners. See it today." 2015 taxes: $1,863; HOA Dues: $1,730 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/02/2017; Sold Date: 08/16/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby's International Realty-Hyman Mall)

 

MLS #147687 - Woodbridge, 35 Upper Woodbridge Road 3-AB, Snowmass Village, CO: Sold Price: $470,000/$516 sq ft; furnished. More details below photos.

Aspen real estate 082017 147687 35 Upper Woodbridge Road 3 AB 1 590W  Aspen real estate 082017 147687 35 Upper Woodbridge Road 3 AB 2 590W  Aspen real estate 082017 147687 35 Upper Woodbridge Road 3 AB 3 190H Aspen real estate 082017 147687 35 Upper Woodbridge Road 3 AB 4 190H  Aspen real estate 082017 147687 35 Upper Woodbridge Road 3 AB 5 190H Aspen real estate 082017 147687 35 Upper Woodbridge Road 3 AB 6 190H

MLS #147687 - Woodbridge, 35 Upper Woodbridge Road 3-AB, Snowmass Village, CO: Sold Price: $470,000/$516 sq ft; furnished. Snowmass Village condo for sale. Ask Price: $498,000. (Original Price: $498,000 and 234 days on the market since 12/09/2016.) This is a 1973 built and 2016 remodeled, 2 bedroom/2 bath, 910 sq ft condo. Broker comments are "Beautifully located, hip condominium which has been recently renovated with wood floors, all new kitchen and baths. Washer and dryer and good storage. Sunny location in the complex w/ great views of Snowmass Ski Area. A wide deck allows relaxing in the sun all year. The pool and spa is just behind this building. Easy walk to and from ski bridge to base of Assay Hill and its chairlift which, at the end of its 5 min length, provides access to the entire ski mountain. From the front door, the Snowmass free shuttle bus stop is just a few steps away. The RFTA bus stop, as well as the Snowmass Center (P.O., grocery store, restaurants) are all within 5-minute walking distance. Ideal for primary resident or vacation home owner. Assessments include all utilities. Note: There is a pending $20,000 special assessment, payable $1050/qtr, for replacement of roofs, boilers and water heaters, the balance of which Seller will pay off at closing." 2016 Taxes: $1,431; HOA Dues: $3,000 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/11/2017; Sold Date: 08/07/2017. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)

 

MLS #149735 - Lichenhearth, 150 Carriage Way 12, Snowmass Village, CO: Sold Price: $415,000/$630 sq ft; furnished. More details below photos.

Aspen real estate 082017 149735 150 Carriage Way 12 1 590W  Aspen real estate 082017 149735 150 Carriage Way 12 2 590W  Aspen real estate 082017 149735 150 Carriage Way 12 3 190H Aspen real estate 082017 149735 150 Carriage Way 12 4 190H  Aspen real estate 082017 149735 150 Carriage Way 12 5 190H Aspen real estate 082017 149735 150 Carriage Way 12 6 190H

MLS #149735 - Lichenhearth, 150 Carriage Way 12, Snowmass Village, CO: Sold Price: $415,000/$630 sq ft; furnished. Snowmass Village condo for sale. Ask Price: $415,000. (Original Price: $415,000 and 47 days on the market since 06/28/2017.) This is a 1968 built, 1 bedroom/1 bath, 658 sq ft condo. Broker comments are "Unbeatable location flanking Base Village and just steps away from the slopes. This beautiful one bedroom corner unit features vaulted ceilings that afford great natural light and views towards Fanny Hill. Enjoy a relaxing summer evening on the private deck or a cozy winters night by the wood burning fireplace. The wonderful year round pool area rests just outside of the entry to this unit. The Lichenhearth underwent a major facelift including updated corridors and an elevator. All of that plus a coveted covered designated parking spot make this Lichenhearth a stand out!" 2016 Taxes: $1,422; HOA Dues: $1,682 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/30/2017; Sold Date: 08/14/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-SMV)

 

Recent Estin Report tweets on Aspen Real Estate

EstinAspen Aug 13-20, 2017 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (12) + Under Contract (15) https://t.co/1zhA1uf6Pb
EstinAspen Aug 6-13, 17 #EstinReport: 2nd New-Built Red Mtn Spec Home Sells at >$3,000 SqFt in '17 #AspenRealEstate sales https://t.co/WcHav2nUBj
EstinAspen Jul 30 - Aug 6, 17 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (13) + Under Contract (16) https://t.co/cHNbdzh9Xi
EstinAspen July 23 - 30, 2017 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (6) + Under Contract (14) https://t.co/J43CVxdCWZ
EstinAspen July 16 - 23, 2017 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (11) + Under Contract (11) https://t.co/zj1WwB2XQd
EstinAspen July 9 - 16, 2017 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (5) + Under Contract (17) https://t.co/z8FxTMNMLw
EstinAspen June 25 - July 2, 2017 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (12) + Under Contract (8) https://t.co/AvwCLPq2jJ
EstinAspen June 18 - 25, 2017 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (6) + Under Contract (11) https://t.co/DwZbuAVdvo

 

Disclaimer: The statements made in The Estin Report and on Aspen broker Tim Estin's blog represent the opinions of the author and should not be relied upon exclusively to make real estate decisions. A potential buyer and/or seller is advised to make an independent investigation of the market and of each property before deciding to purchase or to sell. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable, however, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.309.6163  or by email

 

The Estin Report is copyrighted 2017 and all rights reserved. Use is permitted subject to the following attribution with a live link to this website: "The Estin Report on Aspen Real Estate

________________________________________________________________________________________________________________

 

2nd New-Built Red Mtn Aspen Spec Home Sale at Over $3,000 Sq Ft in 2017


 

August 6 - 13, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (16) + Under Contract / Pending (13)

The website redesign has been delayed. I am hoping to launch sometime in August.

The Estin Report: July 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports. The Snapshots are usually posted on or near the 1st Monday of the month. 

Excerpt from July 2017 Snapshot:

"The Aspen market continues to be in hyper-sales territory. Activity is and feels super-charged. Add to that, early August is the time when buyers get real estate focused with summer's ending in sight. This is the busiest time of year. We should see a steady stream of offers and under contracts now through the end of September. The Aspen market is bifurcated: there's inside the roundabout and there's outside. Aspen’s most coveted neighborhoods..." 

Estin Report: Mid-Year 2017 State of Aspen Real Estate was released in June 2017 in Current ReportsThe 32-Page report is available on-line as PDF and is available in  print in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.

"Flip Job" Examples: See recent Before/After Redevelopmentin the Flip Jobs Section near the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (06/14/17) as additional re-sale properties come on the market at significantly higher prices.

 A "Read more" link has been recently added under the 1st of last week's sold properties displayed below. This will improve site performance.

__________________________

 

Market Activity Week 33, August 6 - 13, 2017

Aspen Snowmass real estate 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 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity.  Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. 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 (16):  MLS#s 125883, 125884, 140598, 141194, 144903, 146576, 146937, 147599, 147687, 147860, 148246, 148929, 149090, 149460, 149552, 149708. This link is valid until 9/12/2017.

Under Contract/Pending (13)MLS#s149369, 145074, 142056, 149974, 150295, 149702, 149071, 141085, 149793, 148866, 144604, 150107, 149939. This link is valid until 9/12/2017.

Aspen Snowmass Solds Last Week:  

MLS #141194 - Red Mountain, 951 Red Mountain Rd, Aspen, CO. Sold Price: $21,500,000/$3,002 sq ft. More details below photos.

Aspen real estate 081317 141194 951 Red Mountain Rd 1 590W  Aspen real estate 081317 141194 951 Red Mountain Rd 2 590W  Aspen real estate 081317 141194 951 Red Mountain Rd 3 190H Aspen real estate 081317 141194 951 Red Mountain Rd 4 190H

MLS #141194 - Red Mountain, 951 Red Mountain Rd, Aspen, CO. Sold Price: $21,500,000/$3,002 sq ft. Aspen single family home for sale. Ask Price: $22,900,000. (Original Price: $21,900,000 and 678 days on the market since 10/02/2015.) This is a 2017 built, 6 bedroom/6 bath/2 half-bath, 7,160 sq ft single family home with 2 car garage on a 41,382 sq ft lot. This is the 2nd Red Mountain home to close above $3,000 sq ft in 2017. The 1st was a 2014 built, 9,600 sq ft home at 343 Willoughby Way which closed at $30M/$3,120 sq ft on 4/24/17. Broker comments are "This exciting and elegant contemporary designed 5 bedroom home, designed by Cottle Carr Yaw Architects is now under construction and ready for Spring 2017 completion. The architecture is as breathtaking as the view. The open floorplan allows for grand scale entertaining while the master and guest bedrooms are very private. The finishes throughout the home are of the highest quality making this home a masterpiece of design and function with an elegant neutral palette of white oak, light gray limestone and poured architectural concrete. The living room pocketing sliding glass doors open to an expansive stone terrace with a built-in over sized hot tub and a set of sweeping stairs that lead to multiple lawn and garden areas. See listing broker for detailed specifications and plans." 2016 taxes: $12,891. Under Contract Date: 06/02/2017; Sold Date: 08/10/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

Read more ...

New Built Aspen River Spec Home Closes at $10M


 

July 30 - August 6, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (13) + Under Contract / Pending (16)

The website redesign has been delayed. I am hoping to launch sometime in August.

The Estin Report: July 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports. The Snapshots are usually posted on or near the 1st Monday of the month. 

Excerpt from July 2017 Snapshot:

"The Aspen market continues to be in hyper-sales territory. Activity is and feels super-charged. Add to that, early August is the time when buyers get real estate focused with summer's ending in sight. This is the busiest time of year. We should see a steady stream of offers and under contracts now through the end of September. The Aspen market is bifurcated: there's inside the roundabout and there's outside. Aspen’s most coveted neighborhoods..." 

Estin Report: Mid-Year 2017 State of Aspen Real Estate was released in June 2017 in Current ReportsThe 32-Page report is available on-line as PDF and is available in  print in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.

"Flip Job" Examples: See recent Before/After Redevelopmentin the Flip Jobs Section near the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (06/14/17) as additional re-sale properties come on the market at significantly higher prices.

 A "Read more" link has been recently added under the 1st of last week's sold properties displayed below. This will improve site performance.

__________________________

 

Market Activity Week 32, July 30 - August 6, 2017

Aspen Snowmass real estate 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 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity.  Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. 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 (13):  MLS#s 140533, 139667, 143169, 144966, 145249, 145712, 147239, 148709, 149392, 149550, 149676, 149764, 150251. This link is valid until 9/5/2017.

Under Contract/Pending (16)MLS#s 141563, 142529, 142778, 142878, 142951, 144511, 146620, 146913, 148187, 148188, 148440, 148870, 149130, 149613, 149961, 150229. This link is valid until 9/5/2017.

Aspen Snowmass Solds Last Week:  

MLS #140533 - Knollwood, East Aspen, 42302 Highway 82 1, Aspen, CO. Sold Price: $10,000,000/$1,987 sq ft. More details below photos.

Aspen real estate 080617 140533 42302 Highway 82 1 1 590W  Aspen real estate 080617 140533 42302 Highway 82 1 2 590W  Aspen real estate 080617 140533 42302 Highway 82 1 3 190H Aspen real estate 080617 140533 42302 Highway 82 1 4 190H  Aspen real estate 080617 140533 42302 Highway 82 1 5 190H Aspen real estate 080617 140533 42302 Highway 82 1 6 190H

MLS #140533 - Knollwood, East Aspen, 42302 Highway 82 1, Aspen, CO. Sold Price: $10,000,000/$1,987 sq ft. Aspen single family home for sale. Ask Price: $11,995,000. (Original Price: $10,675,000 and 716 days on the market since 08/11/2015.) This is a 2016 built, 4 bedroom/4 bath/2 half-bath, 5,032 sq ft single family home with 2 car garage on more than 1/2 acre or 25,000 sq ft lot. Broker comments are "First of three gorgeous contemporary homes to built on the most exclusive and unique river front setting Aspen has ever experienced. This parcel looks onto the gorgeous Roaring Fork and across to the complete privacy of the Stillwater open space parcel. Lot one offers the largest home with the most subdivision open space exposure. A easy walk or bike to town, this small exceptional subdivision is a very precious offering. Don't miss getting this wonderful opportunity to own a fabulous new home on the river." 2015 taxes: $22,302; HOA Dues: TBD. Under Contract Date: 09/30/2016; Sold Date: 07/28/2017. (Photos and broker comments courtesy of Whitman Fine Properties)

Read more ...

Aspen's McLain Flats 2017 Built Spec Home Closes at $11.5M/$1,650 Sq Ft


 

July 23 - 30, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (6) + Under Contract / Pending (14)

The website redesign has been delayed. I am hoping to launch sometime in August.

The Estin Report: June 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports on Mon. July 10th. The Snapshots are usually posted on or near the 1st Monday of the month. 

Excerpt:

"June 2017 has been the best June for Aspen real estate in the past 10 years. Dollar sales for properties selling over $10M are up over 125% year-to-date (YTD) and for all properties, sales are up 118% YTD. At the same time, inventory of available properties for sale is declining, down 30% in June ’17 year over year, which should create upward pressure on prices..."

Estin Report: Q1 2017 & 2016 Year: State of Aspen Real Estate was released in June 2017 in Current ReportsThe 32-Page report is available on-line as PDF and is available in  print in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.

"Flip Job" Examples: See recent Before/After Redevelopmentin the Flip Jobs Section near the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (06/14/17) as additional re-sale properties come on the market at significantly higher prices.

 A "Read more" link has been recently added under the 1st of last week's sold properties displayed below. This will improve site performance.

__________________________

 

Market Activity Week 31, July 23 - 30, 2017

Aspen Snowmass real estate 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 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity.  Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. 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 146159, 147194, 148329, 148370, 149497, 149512. This link is valid until 8/29/2017.

Under Contract/Pending (14)MLS#s 142156, 144508, 143663, 146576, 146913, 147338, 147742, 147860, 147983, 149524, 149708, 149816, 150009, 150108. This link is valid until 8/29/2017.

Aspen Snowmass Solds Last Week:  

MLS #147194 - W/J Ranch, McLain Flats, 51 White Star Drive, Aspen, CO. Sold Price: $11,500,000/$1,650 sq ft; furnished. More details below photos.

Aspen real estate 073017 147194 51 White Star Drive 1 590W  Aspen real estate 073017 147194 51 White Star Drive 2 590W

Aspen real estate 073017 147194 51 White Star Drive 3 190H Aspen real estate 073017 147194 51 White Star Drive 4 190H
Aspen real estate 073017 147194 51 White Star Drive 5 190H Aspen real estate 073017 147194 51 White Star Drive 6 190H

MLS #147194 - W/J Ranch, McLain Flats, 51 White Star Drive, Aspen, CO. Sold Price: $11,500,000/$1,650 sq ft; furnished. Aspen single family home for sale. Ask Price: $13,500,000. (Original Price: $11,500,000 and 197 days on the market since 01/09/2017.) This is a 2017 built, 4 bedroom/4 bath/2 half-bath, 6,966 sq ft single family home with 2 car garage on a 7.8 acres lot. Broker comments are "Drawing on their 55 years of home building expertise, Richard Wax & Associates offers their latest Star View property at White Star Ranch Estates. The brand new and distinctive contemporary estate is strategically set on over 7 acres with a private gated entry, abundant trees, Salvation Ditch water, magnificent pond, and amazing views of Snowmass, Aspen Highlands and Buttermilk ski areas. This spectacular new addition to the West Aspen market encompasses 6,966 square feet of finely designed and luxuriously finished living space plus a 528 square foot two car garage, with all of the features and amenities expected in a home of this stature. From the thoughtfully planned interior spaces with private main level master suite with large walk-in closet and his and her baths, to the recreation room with wet bar, pool table and built-in flat screen television, to the well-appointed chef's kitchen, exquisite guest suites, office, theater, inviting open spaces for entertaining, 1,160 square foot barn, and no sub-grade space, no detail has been overlooked. The immaculate grounds have been designed to provide the ultimate outdoor living experience, including a dining area with built-in stone BBQ, fireplace and fire pit. Adding to the allure of this exciting opportunity on the technical side are photovoltaic solar, Energy Star-certified construction, and up to the minute sound, lighting and safety systems for comfort and peace of mind. With no roundabout or airport traffic, direct access via McLain Flats Road to downtown Aspen, and exclusive use of the White Star HOA open space for horseback riding, cross country skiing and more, the mountain lifestyle is just outside your door!" HOA Dues: $8,912 per Yr. Under Contract Date: 07/21/2017; Sold Date: 07/25/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby's International Realty-Hyman Mall)

Read more ...

 

 

Tim Estin | www.EstinAspen.com | 970.309.6163 | 300 S.Spring St | Opposite the Aspen Art Museum

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