Aspen Real Estate Market Last Week’s Sales: April 17 – 24, 22 – Week 16
The Q1 2022 & Mar 2022 Aspen Market Snapshot was posted 4/4/22 in the Estin Reports section.
The Q1 2022 Aspen Real Estate Market Historic Charts Q1 2011 – Q1 2022 were posted in Estin Reports Charts Section
The Estin Report: H2 & YR 2021 Aspen Snowmass Real Estate Market Report – was posted online 01/16/22 in the Estin Reports section. The online report is covers the entire year Jan 1 – Dec 31, 2021; the print edition made available for the Christmas-New Years Holiday Season covers Jan 1 – Dec 6, 21. While the conclusions are the same, the data is different. See Aspen Times Jan 02, 2022 year end article on the market The 32-page report compares year over year results and historical data from the past 10+ years. The print edition is available in brochure racks around town, at the airport and in front of Sotheby’s offices at 300 S. Spring #100 (my office) and 415 E. Hyman in the mall.
Blog Posted April 25, 2022 – Aspen CO real estate market activity, Week 16
Closed (9): MLS#s: 171391, 174047, 173670, 174003, 173931, 168095, 173599, 173722, 173917. This link is valid until 5/24/2022.
Under Contract/Pending (6): MLS#s: 173484, 174327, 174233, 174120, 174311, 174232. This link is valid until 5/24/2022.
Sold Properties Last Week:
MLS # 171391- Conundrum, Red West Aspen, TBD & 82 Winding Way Road, Aspen, CO; Sold Price: $18,000,000/$3,687 sq ft; unfurnished. Sold Date: 04/21/2022. More details below photos.
MLS # 171391- Conundrum, Red West Aspen, TBD & 82 Winding Way Road, Aspen, CO; Sold Price: $18,000,000/$3,687 sq ft; unfurnished. Sold Date: 04/21/2022. Ask Price: $18,500,000. (Original Price: $18,750,000 and on the market since 08/02/2021.) Tim’s notes, “Conundrum area is located approximatley 4.2 miles south of the Roundabout, up Castle Creek Road. This offering consists of (3) parcels, two vacant and one built upon, allowing for 21,500 total square feet of vested FAR (Floor Area Ratio whish is the allowable sq footage per Pitkin County Land Use Code.). One of the lots has a 2018 built, 5 bedroom/4 bath/1 half-bath, 4,882 sq ft single family home with 2 car garage on a 9.11 acres lot. Broker comments are “Take your time to design the perfect plan for your family legacy compound while you live in the new 5 bedroom state of the art Studio B designed move in ready home. The Upper lot has county site plan approval, all utilities in place including fiber optic, and vested rights for a 5,750 square foot home. The building permit has been applied for with Pitkin County and approval is expected by Spring ’22, when construction can begin immediately. and the third parcel has guaranteed rights for 10,000 Square feet; total of all three parcels is 21,500 Square feet of vested FAR. Enjoy an elegant mountain lifestyle in the treehouse-style residence at 82 Winding Way in which no detail was overlooked. Reclaimed vintage barnwood siding creates an extension of the surrounding aspen grove, blending seamlessly into the alpine landscape, positioned to enjoy natural light all day with majestic views of soaring mountain peaks – Five Fingers to the west and Aspen Mountain to the east. The central gathering space of the home is the living & kitchen area, with cozy alcoves for relaxing and broad open spaces for entertaining. An expansive dining terrace sits off the living room, and includes a custom lighting & music system for an unmatched ambiance bordered by National Forest lands. The master suite is conveniently located on the main level, along with a library nook that doubles as a second home office. Four additional bedrooms are located downstairs, with all bedrooms above grade. Abundant storage can be found throughout the property, including an oversized garage for two cars and plenty of space for toys. Passive solar design is enhanced by automatic solar shades and automated windows in the living room. Thoughtfully designed by Studio B Architects, with a warm family atmosphere, 82 Winding Way is a one-of-a-kind hideaway in Aspen.”2020 taxes: $24,815. Under Contract Date: 02/11/2022; Sold Date: 04/21/2022. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)
MLS # 174047- Aspen Highlands, West Aspen, 111 Stein Way, Aspen, CO; Sold Price: $12,250,000/$1,896 sq ft; furnished. Sold Date: 04/21/2022. More details below photos.
MLS # 174047- Aspen Highlands, West Aspen, 111 Stein Way, Aspen, CO; Sold Price: $12,250,000/$1,896 sq ft; furnished. Sold Date: 04/21/2022. Ask Price: $11,900,000. (Original Price: $11,900,000 and on the market since 12/17/2021.) This is a 2002 built, 5 bedroom/6 bath/1 half-bath, 6,458 sq ft townhome with 2 car garage. Broker comments are “Highly coveted, rarely available Aspen Highlands townhome. One of the premier townhome locations with easy access to the Highlands Exhibition lift and Aspen Highlands Village. Bedrooms and square footage galore. Soaring ceilings and outdoor decks provide views from the front and back of the townhome. Two entertaining areas, generous rooms, an open floor plan with great natural light.” 2021 taxes: $28,217. HOA Dues: $39,837. Under Contract Date: 03/18/2022; Sold Date: 04/21/2022. (Photos and broker comments courtesy of Compass)
MLS # 173670- Divide Subdivision, Snowmass Village, 189 Aspen Way, Snowmass Village, CO; Sold Price: $12,000,000/$2,120 sq ft; furnished. Sold Date: 04/21/2022. More details below photos.
MLS # 173670- Divide, Snowmass Village, 189 Aspen Way, Snowmass Village, CO; Sold Price: $12,000,000/$2,120 sq ft; furnished. Sold Date: 04/21/2022. Ask Price: $12,500,000. (Original Price: $12,500,000 and on the market since 02/15/2022.) This is a 1995 built and 2021 remodeled, 4 bedroom/4 bath/2 half-bath, 5,660 sq ft single family home with 3 car garage on a 1 acres lot. Broker comments are “Magnificent, contemporary home in a wooded setting, located directly on Dawdler ski run, one of the main beginner ski trails in the center of the Village. This property, offered by Seller with 50% financing, was completely renovated in 2021, inside and out. Elegant Kansas limestone block exterior and retaining walls. Beautiful south-facing, heated stone patios. Snow melt circular driveway and 3-car garage. Virtually every surface, every fixture inside is new and of the highest quality. Two new granite gas fireplaces, new Pella windows, all interior and exterior lighting replaced with LED fixtures; stunning Italian chandeliers in all main rooms. All new kitchen stainless Viking appliances including 8-burner gas range, 2 dishwashers, warming drawer, microwave and beverage refrigerator; also, 2 Sub-Zero refrigerator/freezers plus additional freezer drawers. Polished black slate floors in entry, living, dining and kitchen with custom rugs; brand-new carpet in bedrooms – all radiant heated. 3 steam showers. Wet bar and tall wine cooler. State of the art audio-visual system. Stairwell connecting the two levels of home is an architectural masterpiece. Spectacular skylights throughout. Two laundry rooms, each with new, full-size Whirlpool washers/dryers. Elegant, large ski room which leads directly to owners’ trail they’ve packed out – short walk up to Dawdler, super-easy ski back. Elevator for people, groceries and luggage from garage to kitchen. Thoughtfully planned home with every detail beautifully executed.” 2021 taxes: $13,311. HOA Dues: $6,681. Under Contract Date: 03/30/2022; Sold Date: 04/21/2022. (Photos and broker comments courtesy of Compass SMV)
MLS # 174003- Wood Run Sub, Snowmass Village, 126 Edgewood Lane, Snowmass Village, CO; Sold Price: $7,350,000/$1,533 sq ft; furnished. Sold Date: 04/18/2022. More details below photos.
MLS # 174003- Wood Run, Snowmass Village, 126 Edgewood Lane, Snowmass Village, CO; Sold Price: $7,350,000/$1,533 sq ft; furnished. Sold Date: 04/18/2022. Ask Price: $7,250,000. (Original Price: $7,250,000 and on the market since 03/11/2022.) Tim’s notes, “This is an older ski in / ski out slope side Snowmass home selling at essentially lot value. This is a 1969 built and 1989 remodeled, 5 bedroom/5 bath/1 half-bath, 4,792 sq ft single family home with 2 car garage on a 0.8 acres lot. Broker comments are “This property located on Adam’s Avenue Ski Run is a well established short term rental home. This home was the flagship home in the original ”Snowmass At Aspen Brochure” as it was one of the first homes built in Wood Run. It is one of the best ski-in ski-out lots with spectacular views to the North and East. Live in this ”Mountain Chalet” while designing a new home, warranted by Lot 76, Wood Run One. In summer, enjoy world class mountain biking, hiking, Snowmass Concerts; all accessed steps away via Adam’s Avenue.” 2021 taxes: $17,004. HOA Dues: $105. Under Contract Date: 03/18/2022; Sold Date: 04/18/2022. (Photos and broker comments courtesy of Douglas Elliman Real Estate)
MLS # 173931- Wood Run, Snowmass Village, 65 Janss Lane, Snowmass Village, CO; Sold Price: $6,000,000/$2,780 sq ft; furnished. Sold Date: 04/20/2022. More details below photos.
MLS # 173931- Wood Run, Snowmass Village, 65 Janss Lane, Snowmass Village, CO; Sold Price: $6,000,000/$2,780 sq ft; furnished. Sold Date: 04/20/2022. Ask Price: $6,300,000. (Original Price: $6,300,000 and on the market since 03/06/2022.) This is a 1969 built, 3 bedroom/3 bath/1 half-bath, 2,158 sq ft single family home. Broker comments are “Bill Janss the original developer of Snowmass had his pick of the litter as they say, he chose lots 1-5 as the very best of the best and sold to his friends, including Robert McNamara Secretary of Defense. These are the best view lots in all of Wood Run and consist of homes in the $8-12M range. This is the last lot with the end of the cul de sac privacy. If redeveloped, current FAR allows for close to 5,000 sq ft of living space. The exisiting home is certainly livable. Snowshoes available for access to the upper set backs.” 2021 taxes: $8,589. HOA Dues: $105. Under Contract Date: 03/07/2022; Sold Date: 04/20/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 168095- Horse Ranch Subdivision, Snowmass Village, 345 Branding Lane, Snowmass Village, CO; Sold Price: $5,750,000/$1,373 sq ft; unfurnished. Sold Date: 04/19/2022. More details below photos.
MLS # 168095- Horse Ranch, Snowmass Village, 345 Branding Lane, Snowmass Village, CO; Sold Price: $5,750,000/$1,373 sq ft; unfurnished. Sold Date: 04/19/2022. The property went under contract on 2/20/21, more than a year ago during construction. Closing date is after issuance of Certificate of Occupancy. Ask Price: $5,750,000. (Original Price: $5,750,000 and on the market since 01/06/2021.) This is a 2021 built, 4 bedroom/4 bath/1 half-bath, 4,185 sq ft single family home with 3 car garage on a 0.59 acres lot. Broker comments are “Spectacular and brand-new, this Horse Ranch estate home will be completed and ready to move in by Thanksgiving, 2021. 4 bedrooms (two master suites), 4.5 baths, media room and spacious outdoor entertaining areas make this home perfect for a permanent residence or vacation get-away. Three-car garage with built-ins to store all of your gear. There is substantial storage space throughout for all your in-season and off-season gear. Heated driveway and exceptional architectural design by BG Architects of Aspen.” 2020 taxes: $16,379. HOA Dues: $190. Under Contract Date: 02/20/2021; Sold Date: 04/19/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 173599- Ridge Run, Snowmass Village, 40 Maple Ridge Lane, Snowmass Village, CO; Sold Price: $5,026,805/$1,138 sq ft; furnished. Sold Date: 04/21/2022. More details below photos.
MLS # 173599- Ridge Run, Snowmass Village, 40 Maple Ridge Lane, Snowmass Village, CO; Sold Price: $5,026,805/$1,138 sq ft; furnished. Sold Date: 04/21/2022. Ask Price: $4,500,000. (Original Price: $4,500,000 and on the market since 02/09/2022.) This is a 1997 built, 4 bedroom/4 bath/1 half-bath, 4,414 sq ft single family home with 2 car garage on a 0.9 acres lot. Broker comments are “This bright, light, spacious house sits on just shy of an acre in Ridge Run. The Snowmass home features a grand entrance and an open floor plan with two separate entertaining areas, four bedrooms, generous wrap-around decks with inspiring Wildcat Ridge views, a hot tub, and a two-car heated garage. Only a 1.1 mile, three-minute drive to Snowmass Base Village.” 2021 taxes: $10,349. HOA Dues: $90. Under Contract Date: 02/15/2022; Sold Date: 04/21/2022. (Photos and broker comments courtesy of Compass)
MLS # 173722- Seasons 4 Condominiums, Snowmass Village, 35 Lower Woodbridge Road C-111, Snowmass Village, CO; Sold Price: $775,000/$1,131 sq ft; partial furnished. Sold Date: 04/21/2022. More details below photos.
MLS # 173722- Seasons 4 Condos, Snowmass Village, 35 Lower Woodbridge Road C-111, Snowmass Village, CO; Sold Price: $775,000/$1,131 sq ft; partial furnished. Sold Date: 04/21/2022. Ask Price: $775,000. (Original Price: $830,000 and on the market since 02/17/2022.) This is a 1973 built and 1989 remodeled, 1 bedroom/1 bath, 685 sq ft condo. Broker comments are “Enjoy south-facing views of Hanging Valley, Cirque and Elk Camp at Snowmass Ski Area as well as east-facing views over Owl Creek Divide of the Williams Peaks from this surprisingly spacious and private unit. With a covered seating area outside the entry as well as a private deck overlooking the river to the mountain vista beyond, this recently remodeled unit has a very bright and spacious interior. A large slate floor entry area welcomes you, serving as an elegant mudroom with ample storage space for equipment and gear with built-ins, and a stackable in-unit washer/dryer. The open living space features newly installed large windows and deck slider across most of the southeast facing wall. The elevated placement of building C looks out over Sky Mountain open space and Mayfly Trail below for unobstructed vistas that dominate the room and provide ample natural light. The dining area is bright and open, overlooking the private deck. With windows open in summer you can hear the river below. A warm and welcoming ambience is created by solid Brazilian Cherry hardwood floors throughout with a wood burning fireplace (ready for gas conversion if desired). The chef’s kitchen opens to the living space with tiled backsplash, rough-cut solid slab granite, stainless fridge, and island with Jennair gas range and lots of cabinet storage. The open floorplan concept flows into the bedroom and bathroom suite, with custom floor to ceiling hand laid tile. A frosted glass door opens into a spacious spa-like wet room, with deep jetted tub, steam, and shower. There is a private ski locker outside the front door and a private reserved parking space, as well as guest spaces, just steps away. The complex has on-site management and maintenance team, bike storage shed, a year-round large covered hot tub and sauna as well as a landscaped swimming pool to enjoy in summer, community gas firepit and community party room and deck at the clubhouse that can be reserved for entertaining larger groups. The skier shuttle stop is nearby to take you to and from the mountain, but you can also ski directly back to Seasons Four via Assay Hill and Woodbridge.” 2022 taxes: $1,246. HOA Dues: $5,664. Under Contract Date: 03/12/2022; Sold Date: 04/21/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 173917- Assay Hill Lodge, Snowmass Village, 130 Wood Road 603, Snowmass Village, CO; Sold Price: $710,000/$1,766 sq ft; furnished. Sold Date: 04/20/2022. More details below photos.
MLS # 173917- Assay Hill Lodge, Snowmass Village, 130 Wood Road 603, Snowmass Village, CO; Sold Price: $710,000/$1,766 sq ft; furnished. Sold Date: 04/20/2022. Ask Price: $725,000. (Original Price: $725,000 and on the market since 03/04/2022.) This is a 2010 built, studio/1 bath condo, 402 sq ft condo with common car garage. Broker comments are “Snowmass provides some of the best on-mountain adventures. With its legendary ski runs, hiking/biking trails, Lost Forest Challenge Course, epic fall colors, steps to Base Village for restaurants, kids center, ice rink, climbing wall, water feature, live music, and lounging together with historic downtown Aspen just a shuttle away, it’s the perfect mountain retreat. This studio residence is a place to call your own as well as to offer to guests around your own holidays! One of the top four star hotels with an outstanding accommodating staff who will take care of all the details. Full concierge, valet service, restaurants/bar, luxury spa, fitness center, conference space, complimentary transportation, the list of services/amenities and care is substantial and refreshing.” 2020 taxes: $2,221. HOA Dues: $9,641. Under Contract Date: 03/11/2022; Sold Date: 04/20/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
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