Aspen Real Estate Market  Last Week’s Sales: Jun 14 – 21, 2020 – Week 25

Closed (7) + Under Contract / Pending (19).  [To view the new blog post, you may have to “Clear your Browser Settings”. Go to: Chrome browser/more tools/clear browsing data.]  

06/22/20 Bottom Line: Aspen and Snowmass real estate sales are surging across the board in all categories. The local opening up from Covid-19 restrictions has unleashed a wave of pent-up demand. In the past two weeks, (37) properties have gone under contract. What’s happening? …People moving from the cities and planning to stay here. There are a lot of opportunist buyers and motivated sellers. Buyers want to move here, get their kids into the schools and they appear willing to pay up although there have been discounts at 10-30% off ask.  At Aspen Country Day School, there are 40-50 new applications  and consequently the school is  increasing enrollment;  Maroon Creek Club memberships…13 new applicants for just 5 membership slots and tennis memberships are oversold. There’s been a significant shift in focus from the till sizzling interest in the Central Core and West End to the outside periphery. Buyers are looking for acreage and space…Woody Creek and Lower River Road, Starwood, Mclain, Flats, Old Snowmass are experiencing an sales uptick on properties that have been on the market quite a while. Making an offer is the key. Get the discussion going. You never know how it’ll end up.

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Blog Post: Jun 14 – 21, 2020 Aspen CO real estate market activity, Week 25

Closed (7):  These properties went under contract end of April and early May.  MLS#s: 148013, 163747, 155693, 163613, 156823, 161240, 164216.  This link is valid until 7/21/2020.

Under Contract/Pending (19): MLS#s: 153014, 155436, 155493, 158887, 159740, 159755, 160162, 160349, 161444, 162262, 162378, 162450, 162657, 163100, 164242, 164370, 164494, 164694, 164750.  This link is valid until 7/21/2020.

Sold Properties Last Week:

MLS #148013 – Townsite of Aspen, West End, 131 W Bleeker Street, Aspen, CO: Sold Price: $5,850,000/$2,688 sq ft; furnished. Sold Date: 06/19/2020. More details below photos.

MLS #148013 – Townsite of Aspen, West End, 131 W Bleeker Street, Aspen, CO: Sold Price: $5,850,000/$2,688 sq ft; furnished. Sold Date: 06/19/2020. Aspen homes for sale. Ask Price: $5,995,000. (Original Price: $5,950,000 and 1,027 days on the market since 03/15/2017. ) Tim’s notes: Seller, a developer, paid $2.55M in Jan 2017 and then seriously upgraded the house without adding any sub-grade living space and no garage. The lot is 1/2 size of the more typical 6,000 SF West End lots but as it’s on a corner, it feels larger with two-sided street set-backs. This is a 1888 built and 2018 remodeled, 3 bedroom/3 bath/1 half-bath, 2,176 sq ft single family home on a 3,000 sq ft corner lot. Broker comments are “What everybody wants and only a few can have…the perfect home walkable to downtown Aspen. In a real estate market always pushing for bigger and better it’s nice to find that hidden treasure that comes in a small package. Three bedrooms with a flowing living/kitchen/dining layout and just the right mix of outdoor living. This corner home will truly impress.” 2018 taxes: $5,890. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/08/2020; Sold Date: 06/19/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #163747 – Aspen Airport Business Center, West Aspen, 319 AABC #11 W & X, Aspen, CO: Sold Price: $735,000/$564 sq ft. Sold Date: 06/15/2020. More details below photos.

MLS #163747 – Aspen Airport Business Center, West Aspen, 319 AABC #11 W & X, Aspen, CO: Sold Price: $735,000/$564 sq ft. Sold Date: 06/15/2020. Aspen townhomes for sale. Ask Price: $755,000. (Original Price: $755,000 and 70 days on the market since 04/06/2020.) This is a 1982 built, 3 bedroom/2 bath, 1,302 sq ft single family home on a 731 sq ft lot. Broker comments are “This residential town home can also be used as commercial. Features tall ceilings with skylights bringing in lots of light. New roof just added. There is a large mudroom/laundry area. Great place to store bicycles, skis, etc. Two full baths. Nice gas range and stainless steel refrigerator. Three parking spots. Located in the Aspen School District. There is a nice bike path that takes you right into Aspen. Buttermilk Ski area and the Airport are only a three minute drive away and a five minute drive to Aspen. Buyer must be qualified APCHA resident – see link for details – https://www.apcha.org/” 2019 taxes: $1,576; HOA Dues: $1,784. Under Contract Date: 04/15/2020; Sold Date: 06/15/2020. (Photos and broker comments courtesy of Leverich and Carr Real Estate)

MLS #155693 – Snowmass Creek, Henry Ranch 1, 7846 Snowmass Creek Road, Snowmass, CO: Sold Price: $3,500,000/$359 sq ft; unfurnished. Sold Date: 06/15/2020. More details below photos.

MLS #155693 – Snowmass Creek, Henry Ranch 1, 7846 Snowmass Creek Road, Snowmass, CO: Sold Price: $3,500,000/$359 sq ft; unfurnished. Sold Date: 06/15/2020. An additional 79 acres of this ranch, Henry Ranch 2, sold on 07/01/20 at $7.2M/$978 SF. Old Snowmass homes for sale. Ask Price: $4,900,000. (Original Price: $6,000,000 and 2,312 days on the market since 04/23/2013.) This is a 1992 built, 5 bedroom/5 bath/2 half-bath, 9,735 sq ft single family home with 3 car garage on a 32 acres lot. Broker comments are “The dream of mountain living comes alive at this sanctuary in the Snowmass Creek Valley. Spread out on 32 acres the five bedroom home was designed with a thoughtful layout that will encourage you to never leave, and you won’t need to but for the occasional grocery run. Incredible vistas, nearby hiking and equestrian access to thousands of acres of pristine National Forest lands, and Campground ski lift access all add to the magnificent setting. The home is oriented to the south and west to maximize views and all day sun. A swimming pool, 3 car garage, detached utility room, multiple flex-spaces and opportunity to create horse facilities (up to a 4,000 square foot barn can be constructed) are just a few of the highlights.” 2019 taxes: $32,464; HOA Dues: TBD. Under Contract Date: 02/28/2020; Sold Date: 06/15/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #163613 – Country Club, 96 Fairway Drive, Snowmass Village, CO: Sold Price: $1,470,000/$519 sq ft; unfurnished. Sold Date: 06/17/2020. More details below photos.

MLS #163613 – Country Club, 96 Fairway Drive, Snowmass Village, CO: Sold Price: $1,470,000/$519 sq ft; unfurnished. Sold Date: 06/17/2020. Snowmass Village homes for sale. Ask Price: $1,805,000. (Original Price: $1,900,000 and 89 days on the market since 03/20/2020.) This is a 1983 built and 1996 remodeled, 3 bedroom/3 bath/1 half-bath, 2,827 sq ft single family home with 2 car garage on a 7,345 lsq ft lot. Broker comments are “It is your turn to own in this great neighborhood of handful of homes in Snowmass. This three bedroom home has a gorgeous double sided wood fireplace between a study and a living room. Private decks, large garage and privacy with a wooded lot.” 2019 taxes: $6,303; HOA Dues: $90. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/22/2020; Sold Date: 06/17/2020. (Photos and broker comments courtesy of RE/MAX Signature)

MLS #156823 – Ridge Run, 37 North Ridge Lane, Snowmass Village, CO: Sold Price: $2,125,000/$896 sq ft; furnished. Sold Date: 06/17/2020. More details below photos.

MLS #156823 – Ridge Run, 37 North Ridge Lane, Snowmass Village, CO: Sold Price: $2,125,000/$896 sq ft; furnished. Sold Date: 06/17/2020. Snowmass Village duplex/half-duplex for sale. Ask Price: $2,500,000. (Original Price: $2,895,000 and 488 days on the market since 11/01/2018.) This is a 2006 built, 3 bedroom/3 bath/1 half-bath, 2,370 sq ft duplex/half-duplex with 1 car garage on a 17,150 sq ft lot. Broker comments are “This light-filled Snowmass Village home was beautifully crafted with no detail overlooked. Finished in 2007, this three bedroom, three and a half bathroom duplex lives like a single family home with generous spaces for family and friends alike. Enjoy privacy, proximity to Snowmass Village and sensational views.” 2017 taxes: $8,422; HOA Dues: $75. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/18/2020; Sold Date: 06/17/2020. (Photos and broker comments courtesy of Compass Aspen)

MLS #161240 – Enclave, 360 Wood Road 208, Snowmass Village, CO: Sold Price: $800,000/$526 sq ft; furnished. Sold Date: 06/17/2020. More details below photos.

MLS #161240 – Enclave, 360 Wood Road 208, Snowmass Village, CO: Sold Price: $800,000/$526 sq ft; furnished. Sold Date: 06/17/2020. Snowmass Village condos for sale. Ask Price: $999,000. (Original Price: $1,099,000 and 284 days on the market since 09/07/2019.) This is a 1977 built, 3 bedroom/3 bath, 1,519 sq ft condo. Broker comments are “Unparalleled location within The Enclave Condominiums. This well maintained three bedroom occupies the southern corner of the complex and offers views of Snowmass Mountain and the gondola. The master bedroom has a wall of windows to take in the views, landcape and wonderful natural light. The ski slopes are just steps from your front door. Enjoy cozy evenings by the wood burning fireplace or days on the deck watching the skiers glide past. Each bedroom is spacious and offers privacy for your guests. Factor in the wonderful amenities including pool, hot tub, front desk, transportation and service and you have your perfect mountain getaway experience.” 2018 taxes: $3,918; HOA Dues: $27,488. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/18/2020; Sold Date: 06/17/2020. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-SMV)

MLS #164216 – Willows, 35 Campground Lane A-5&6, Snowmass Village, CO: Sold Price: $575,000/$643 sq ft; furnished. Sold Date: 06/17/2020. More details below photos.

MLS #164216 – Willows, 35 Campground Lane A-5&6, Snowmass Village, CO: Sold Price: $575,000/$643 sq ft; furnished. Sold Date: 06/17/2020. Snowmass Village condos for sale. Ask Price: $595,000. (Original Price: $595,000 and 33 days on the market since 05/15/2020.) This is a 1967 built, 2 bedroom/2 bath, 894 sq ft condo. Broker comments are “Top floor unit located just steps away from ski slopes and the Mall. Comfortably appointed, this 2 bedroom/2 bathroom condominium has all of the necessities to make your stay a relaxing and enjoyable experience. Spread out in the large living room and cozy up by the gas fireplace. Soak in the alpine views from the dining area. The kitchen combines elegance with functionality and features dark mahogany cabinets, granite countertops and stainless steel appliances. Unit has a washer and dryer and plenty of storage for all of your gear. After a day on the slopes, lounge in the nearby pool and hot tubs. Walk to the Snowmass Village Mall or Base Village and enjoy numerous dining, shopping and entertainment options. Low HOA dues and more! This is the perfect home base for your Colorado retreat.” 2019 taxes: $1,943; HOA Dues: $7,888. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/03/2020; Sold Date: 06/17/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

 

Weekly Aspen and Snowmass Village, CO real estate sales activity for sold and under contract properties in the upper Roaring Fork Valley listed 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 in this blog as the MLS links above 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.

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