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 2, January 10 – 17, 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 (5):MLS#’s:141897, 139750, 129824, 137559, 141499.This link is valid until 2/16/2016.

Under Contract/Pending (8):MLS#’s:142247, 126245, 134833, 138837, 139199, 141634, 141221, 141224. This link is valid until 2/16/2016.

Aspen Snowmass Solds Last Week:

MLS #141897 – Larkspur Condos, Central Core, 800 E Hopkins Avenue Larkspur A3, Aspen, CO: Sold Price: $1,900,000/$1,319 sq ft; partial furnished. More details below photos.

MLS #141897 – Larkspur Condos, Central Core, 800 E Hopkins Avenue Larkspur A3, Aspen, CO: Sold Price: $1,900,000/$1,319 sq ft; partial furnished. Asking Price: $1,900,000. (Original Price: $1,900,000 and 142 days on the market since 03/05/2015.) This is a 1974 built and 2010 remodeled, 2 bedroom/2 bath/1 half-bath, 1,440 sq ft townhouse. Broker comments are “Sleek, Sophisticated downtown core townhome. Completely renovated with Italian contemporary influence of clean lines,neutral colors, high-end finishes yet comfortable living. Gourmet kitchen with Bosch and Sub Zero appliances. Private deck off master and balcony off living room offering Aspen Mountain views. Terrific built in storage and cabinetry throughout. Premiere location to all that Aspen offers.” 2014 Taxes: $3,262; HOA Dues: $625 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/12/2015; Sold Date: 01/12/2016. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #139750 – Pomegranate, West Aspen, 39060 Hwy 82 Pomegranate Unit 4, Aspen, CO: Sold Price: $1,050,000/$966 sq ft. More details below photos.

MLS #139750 – Pomegranate, West Aspen, 39060 Hwy 82 Pomegranate Unit 4, Aspen, CO: Sold Price: $1,050,000/$966 sq ft. Asking Price: $1,150,000. (Original Price: $1,150,000 and 190 days on the market since 06/23/2015.) This is a 1972 built, 2 bedroom/2 bath, 1,086 sq ft condo with 1 car garage. Broker comments are “This 1,086 square foot 2 bedroom, 2 bathroom condo lives like a corner unit in the Pomegranate Condominiums just a short bike ride to downtown Aspen. Enjoy breathtaking, unobstructed views to the South of Highlands Mountain as well as the tranquility of the adjacent golf course. The 1972 built condo comes with a detached 1 car garage and has a wonderful large deck for entertaining family, guests, and friends. This unit has a great rental history and can also be an ideal option for a savvy end user. A communal barbecue area and tranquil running streams nearby create a delightful ambiance to enjoy a magnificent sunset to the west.” 2014 Taxes: $1,319; HOA Dues: $1,954 per Qtr. Under Contract Date: 12/09/2015; Sold Date: 01/13/2016. (Photos and broker comments courtesy of Stirling Peak Properties, LLC)

MLS #129824 – Country Club Homes, Snowmass Village, 723 Snowmass Club Circle 90/91, Snowmass Village, CO: Sold Price: $3,200,000/$814 sq ft; furnished. More details below photos.

MLS #129824 – Country Club Homes, Snowmass Village, 723 Snowmass Club Circle 90/91, Snowmass Village, CO: Sold Price: $3,200,000/$814 sq ft; furnished. Asking Price: $3,595,000. (Original Price: $3,995,000 and 975 days on the market since 05/13/2013.) This is a 1988 built and 2004 remodeled, 4 bedroom/5 bath, 3,929 sq ft townhouse with 2 car garage. Broker comments are “Country Club living at its finest! This spacious four bedroom/den town home is situated right on the Snowmass Golf Course and enjoys sweeping views of Snowmass Ski area and down valley across the golf course. Completely remodeled in 2004 with beautiful finishes and furnishings throughout and full exterior remodel in 2009. Expansive decks on both sides of the town home. Adjacent to the Snowmass Club, which is now a ”Toll Golf” course, with great access to all of its amenities. Also located on the shuttle route for easy access to skiing and all Snowmass has to offer.” 2013 Taxes: $12,305; HOA Dues: $25,042 per Year. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/20/2015; Sold Date: 01/13/2016. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #137559 – Deerbrook Townhomes, Snowmass Village, 381 Ridge Road B-3, Snowmass Village, CO: Sold Price: $2,211,000/$754 sq ft; furnished. More details below photos.

MLS #137559 – Deerbrook Townhomes, Snowmass Village, 381 Ridge Road B-3, Snowmass Village, CO: Sold Price: $2,211,000/$754 sq ft; furnished. Asking Price: $2,795,000. (Original Price: $2,795,000 and 1,197 days on the market since 12/23/2011.) This is a 1990 built, 4 bedroom/4 bath/1 half-bath, 2,929 sq ft condo with 1 car garage. Broker comments are “A light and airy property in a quiet enclave of just 15 townhomes, and right on the slopes. Perfect ski access. Smart floorplan with a gorgeous master and 3 other ensuite bedrooms which maximize privacy. Features include hardwood floors, two fireplaces, a contemporary kitchen with breakfast nook, multiple south-facing decks, hot tub, and an assigned 1-car garage. Recently updated with new accessories and linen – shows delightfully. Easy walk to The Viceroy for après ski or dinner.” 2014 Taxes: $8,583; HOA Dues: $24,927 per Year. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/07/2015; Sold Date: 01/12/2016. (Photos and broker comments courtesy of BERKSHIRE HATHAWAY HomeServices | Aspen Snowmass Properties)

MLS #141499 – Ridge Run, Snowmass Village, 316 Maple Ridge Lane, Snowmass Village, CO: Sold Price: $1,065,000. More details below photos.

MLS #141499 – Ridge Run, Snowmass Village, 316 Maple Ridge Lane, Snowmass Village, CO: Sold Price: $1,065,000. Asking Price: $1,200,000. (Original Price: $1,200,000 and 468 days on the market since 07/18/2014.) This is a 31,114 sq ft vacant lot. Broker comments are ” This is an exceptional opportunity to build in the Aspen School District, with an affordable lot that features views and space to grow. The permitted FAR is 4,044 square feet but new Snowmass Village regulations allow additional sq ft for below grade space, so total could be considerably more plus a 900 sq ft garage. This is one of the few remaining lots in Ridge Run, and features privacy, a wooded setting, close to skiing, convenient to bus, restaurants, stores and Aspen. This is an ideal choice for a local family or second homeowner, plus one of the least expensive lots in Aspen or Snowmass.” 2014 Taxes: $16,890; HOA Dues: $90 per Year. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/28/2015; Sold Date: 11/28/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

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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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