The Estin Report: Pre-Christmas Brief Summary 2015 YTD was released 12/24/15 and Nov 2015 Aspen Snowmass Real Estate Market Snapshot was posted12/04/15 inCurrent Reports.The Monthly Snapshots are released on or near the 1st Monday of the month.

See recent Before/After redevelopment‘flip job’ examplesin Miscellaneous Info at the bottom of the Menu Bar on the left. These are properties that have been recently or are currently being redeveloped for re-sale. This post is updated (11/24/15) as additional re-sale properties come on the market at significantly higher prices.

Last week’s Aspen and Snowmass sales activity appears below. Scroll down the page for 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 search the blog archives by year and date to 2008. Or useSearchEstinAspenin 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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Market Activity Week 1, January 3 – 10, 2016

Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass 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.

Closed (7):MLS#’s:135821, 141478, 141029, 121697, 140056, 142107, 136405.This link is valid until 2/8/2016.

Under Contract/Pending (6):MLS#’s:137107, 137467, 140268, 135242, 140447, 141530. This link is valid until 2/8/2016.

Aspen Snowmass Solds Last Week:

MLS #140056 – Castle Creek, West Aspen, 27 Fall Creek Road, Aspen, CO. Sold Price: $5,204,795/$637 sq ft. More details below photos.

MLS #140056 – Castle Creek, West Aspen, 27 Fall Creek Road, Aspen, CO. Sold Price: $5,204,795/$637 sq ft. Asking Price: $9,800,000. (Original Price: $9,800,000 and 174 days on the market since 07/10/2015.) This is a 2015, 5 bedroom/6 bath/1 half-bath, 8,164 sq ft single family residence with a 2 car garage on a 435,600 sw ft lot. Broker comments are “Brand new construction 5 bedroom & 6 1/2 bath mountain contemporary home set on ten acres in the beautiful Castle Creek Valley. Gorgeous views of the Elk Mountain range, Star Peak, and Pearl Mountain. This home features floor to ceiling windows with an open floor plan and views through the house of Fall Creek and the surrounding peaks. Amenities include a library, family room, media and recreation room, wine room, kitchen with large double island & pantry, two master suites with en-suite laundry, and private patios, a guest master suite, and two guest suites. The outdoor dining area is perfect for enjoying the property’s year round flowing stream as well as the Fall Creek waterfalls on the bordering national forest land.” 2014 taxes: $8,422. Under Contract Date: 12/01/2015; Sold Date: 12/31/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #135821 – Gant Condominiums, Central Core, 610 S West End Street A-204, Aspen, CO. Sold Price: $1,268,000/$1,219 sq ft; furnished. More details below photos.

MLS #135821 – Gant, Central Core, 610 S West End Street A-204, Aspen, CO. Sold Price: $1,268,000/$1,219 sq ft; furnished. Asking Price: $1,395,000. (Original Price: $1,499,000 and 520 days on the market since 08/01/2014.) This is a 1972 built and 2008 remodeled, 2 bedroom/2 bath, 1,040 sq ft condo. Broker comments are “LOCATION, LOCATION, LOCATION. Deluxe rated two bedroom, two bath condo with large living room and great views. Private and quiet corner unit with two balconies facing town and The Clarendon Town homes. A great rental income. Recently remodeled. Just a short walk to the Gondola, Aspen Club, local trails. Best full amenity resort property in town with a pool, hot tubs, gym, sauna, tennis courts & new club house. Shuttle service to the airport and around town. Onsite management and concierge. Absolutely turn key.” 2013 taxes: $3,495; HOA Dues: $6,300 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/20/2015; Sold Date: 01/05/2016. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #141478 – Gant Condominiums, Central Core, 610 S West End Street C-303, Aspen, CO. Sold Price: $1,200,000/$1,185 sq ft; partial furnished. More details below photos.

MLS #141478 – Gant, Central Core, 610 S West End Street C-303, Aspen, CO. Sold Price: $1,200,000/$1,185 sq ft; partial furnished. Asking Price: $1,250,000. (Original Price: $1,250,000 and 107 days on the market since 09/21/2015.) This is a 1972 built, 2 bedroom/2 bath, top floor with vaulted ceilings 1,012 sq ft condo. Broker comments are “This top-floor unit sleeps up to six with two bedroom suites and a queen sofa bed. Conveniently located between reception/concierge services and the tennis courts with easy access to two pool and hot tub areas, quick access to the shuttle to town or the slopes.” 2014 taxes: $2,985; HOA Dues: $24,288 per Year. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/25/2015; Sold Date: 01/06/2016. (Photos and broker comments courtesy of Berkshire Hathaway Home Services | Aspen Snowmass Properties)

MLS #141029 – Smuggler Mobile Park, Smuggler, Area 134 Maple Lane, Aspen, CO. Sold Price: $740,000/$536 sq ft; unfurnished. More details below photos.

MLS #141029 – Smuggler Mobile Park, Smuggler Area, 134 Maple Lane, Aspen, CO. Sold Price: $740,000/$536 sq ft; unfurnished. Asking Price: $799,000. (Original Price: $799,000 and 110 days on the market since 09/17/2015.) This is a 1978 built, 2 bedroom/1 bath, 1,379 sq ft single family residence on a 3,470 sq ft lot. Broker comments are “Best lot in Smuggler Park to come on the market in many years. Park-like setting, mature trees and bushes, incredible privacy, located on open green space. House features 2 bedrooms plus a large bonus room to be used as buyer wishes. No garage. Low HOA dues now include Comcast Internet. This will not last long. Buyer must be pre-approved by APCHA. Must be purchased as a buyer’s primary residence.” 2014 taxes: $1,276; HOA Dues: $175 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/10/2015; Sold Date: 01/05/2016. (Photos and broker comments courtesy of Lightfoot Real Estate)

MLS #142107 – Country Club Homes, Snowmass Village, 193 Fairway Drive, Snowmass Village, CO: Sold Price: $1,970,000/$771 sq ft; furnished. More details below photos.

MLS #142107 – Country Club Homes, Snowmass Village, 193 Fairway Drive, Snowmass Village, CO: Sold Price: $1,970,000/$771 sq ft; furnished. Asking Price: $2,300,000. (Original Price: $2,300,000 and 200 days on the market since 06/19/2015.) This is a 1990 built, 3 bedroom/3 bath, 2,552 sq ft single family residence with 2 car garage. No broker comments. 2014 Taxes: $6,218. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 07/08/2015; Sold Date: 01/05/2016. (Photos and broker comments courtesy of Alpine Real Estate, Inc)

MLS #136405 – Capitol Peak, Snowmass Village, 60 Carriage Way Unit 3030, Snowmass Village, CO: Sold Price: $985,000/$760 sq ft. More details below photos.

MLS #136405 – Capitol Peak, Snowmass Village, 60 Carriage Way Unit 3030, Snowmass Village, CO: Sold Price: $985,000/$760 sq ft. Asking Price: $1,100,000. (Original Price: $1,175,000 and 451 days on the market since 10/14/2014.) This is a 2008 built, 3 bedroom/2 bath, 1,296 sq ft condo. Broker comments are “Capitol Peak is the center of the future for Snowmass Village, and will soon be surrounded by new hotels and fractional units. Now is the time to buy a new (built in 2008) 3-bedroom condo with direct ski in/out access to the Elk Camp gondola or Village Express, at a price less than 40-yr-old similar units. With an easy walk to Base Village restaurants and shops downstairs, #3030 is a corner residence with exceptional views, easy access to the parking garage and NO OBSTRUCTIONS from future buildings. Central A/C in the summer, warmed by a fireplace in the winter, a washer/dryer is included and the HOA pays utilities. The 3-bedrooms make a family comfortable; the perfect way to build lasting memories and enjoy Colorado year-round. Solid rental history a plus.” 2014 Taxes: $7,135; HOA Dues: $4,894 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/26/2015; Sold Date: 01/08/2016. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #121697 – Country Club Villas, Snowmass Village, 294 Snowmass Club Circle 1303, Snowmass Village, CO: Sold Price: $525,000/$583 sq ft; furnished. More details below photos.

MLS #121697 – Country Club Villas, Snowmass Village, 294 Snowmass Club Circle 1303, Snowmass Village, CO: Sold Price: $525,000/$583 sq ft; furnished. Asking Price: $549,500. (Original Price: $575,000 and 1,657 days on the market since 06/24/2011.) This is a 1981 built, 1 bedroom/1 bath, 900 sq ft condo with 1 car garage. Broker comments are “Rarely available, top floor one bedroom condominium with a garage. Close to the square footage of a two-bedroom unit this condominium offers panoramic views of Mt. Daly and the Snowmass Golf Course, a wood burning fireplace, vaulted ceiling, a spacious master suite plus a laundry area in the condominium. Located across from the Snowmass Club and on the free skier shuttle route. Villa Gold Membership to the Snowmass Club included. Buyer to pay the transfer fee.” 2014 Taxes: $1,661; HOA Dues: $2,372 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/09/2015; Sold Date: 01/06/2016. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)

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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 at970.309.6163or byemail.The Estin Report is copyrighted 2016 and all rights reserved. Use is permitted subject to the following attribution with a live link to the source:“The Estin Reporton Aspen Real Estate.”

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