The Estin Report April 2014 Monthly Market Snapshot of Aspen Snowmass Real Estate was released Mon May 5, 14, 2014 in the current reports section. The monthly snapshots are released on or near the 1st Monday of each month.

Last week’s Aspen and Snowmass sales activity appears below. Scroll down page for photos and details of weekly solds 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. Or use SearchEstinAspen to search by topic, address, subdivision or complex name, date etc. If it’s about Aspen real estate, the information should be here.

Click image for Apr 2014 Aspen Real Estate Market Snapshot pdf in Current Reports

Market Activity Week 18, Apr 27 – May 04, 2014: 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 (18): MLS #s: 126099, 130180, 127820, 131835, 131404, 128941, 127602, 133248, 130623, 132241, 134026, 131354, 132576, 130567, 134029, 133471, 132384, 134038. This link is valid until 06/04//2014.

Under Contract / Pending (7): MLS #s: 132043, 129340, 119594/120703, 133640, 131416, 133711, 129931.This link is valid until 06/04//2014.

Aspen Snowmass Solds Last Week

MLS #126099 – Aspen, East Aspen single family home, 43991 Hwy 82, Aspen, CO: Sold Price: $8,000,000/$1,021 sq ft furnished. More details below photos.

MLS #126099 – Aspen, East Aspen single family home, 43991 Hwy 82, Aspen, CO: Sold Price: $8,000,000/$1,021 sq ft furnished; Asking Price: $8,800,000. (Original Price: $13,500,000 and on the market since 06/20/2007. Sold -41% off orig ask price.) This is a 2000 built/2008 beautifully remodeled, 5 bedroom/5 bath/2 half bath, 7,835 sq ft single family home with 3 car garage on a 46,551 sq ft lot. Broker comments are, “”The North Star Sanctuary”, located across from the North Star Preserve in a park-like setting with gardens, waterfall and Warren Creek traversing the 1.07 acre property. Generous indoor and outdoor spaces with a very livable floor-plan makes entertaining and day-to-day living easy. A style that speaks to the mountain setting, but also embraces the contemporary vernacular. 2013 Taxes: $13,430. Under Contract Date: 03/28/2014; Sold Date: 05/02/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #130180 – Aspen, West End single family home, 434 W. Smuggler, Aspen, CO: Sold Price: $4,200,000/$1,479 sq ft unfurnished. More details below photos.

MLS #130180 – Aspen, West End single family home, 434 W. Smuggler, Aspen, CO: Sold Price: $4,200,000/$1,479 sq ft unfurnished; Asking Price: $4,500,000. (Original Price: $5,375,000 and 362 days on the market since 06/07/2014.) This is a 1885 built/1993 remodeled, 3 bedroom/3 bath, 2,838 sq ft single family home with 2 car garage on a 7,500 sq ft lot. Broker comments are, “Property has remained in the same family for 40 years. Major restorations and additions; ’73, ’85 and ’93. Landmarked Victorian with all City Historic Preservation incentives from a lot split to FAR bonuses available. SE corner, S facing, 7500 sq ft lot with irrigation ditch and mature trees. Fenced yard and 2 car garage. 3 block walk to the tent, 10 blocks to the Jerome and on W. end shuttle.” 2013 Taxes: $11,341. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/13/2014; Sold Date: 04/28/2014. (Photos and broker comments courtesy of Stirling Peak Properties.)

MLS #127820 – Aspen, West Aspen single family home, 1235 Mountain View Drive, Aspen, CO: Sold Price: $1,990,000/$315 sq ft unfurnished. More details below photos.

MLS #127820 – Aspen, West Aspen single family home, 1235 Mountain View Drive, Aspen, CO: Sold Price: $1,990,000/$315 sq ft unfurnished; Asking Price: $2,495,000. (Original Price: $3,950,000 and 607 days on the market since 09/01/2012.) This is a 1987 built, 3 bedroom/4 bath, 6,303 sq ft single family home on a 17,360 sq ft lot. Broker comments are, “Excellent re-development opportunity in West Aspen. Current structure can be remodeled into a single family residence or duplex. Views of Independence Pass, Aspen Mountain and Red Mountain.” 2013 Taxes: $0. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/27/2013; Sold Date: 04/29/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #131835 – Aspen, West Aspen, Hallam Addition single family home, 619 N. Fourth Street, Aspen, CO: Sold Price: $2,550,000/$843 sq ft. More details below photos.

MLS #131835 – Aspen, West Aspen, Hallam Addition single family home, 619 N. Fourth Street, Aspen, CO: Sold Price: $2,550,000/$843 sq ft; Asking Price: $2,795,000. (Original Price: $2,930,000 and 483 days on the market since 01/03/2013.) This is a 1953 built/2005 remodeled, 3 bedroom/4 bath/1 three-quarter bath/1 half bath, 3,022 sq ft single family home on a 5,503 acre lot. Broker comments are, “Charming non-historical West End home includes a detached guest house plus separate artist studio or office. Perfect family backyard for entertaining. This home is in the West End just a short walk to the Music Tent, Aspen Institute, Physics Center and Aspen Meadows. Enjoy this Home or build your own Single 5700 square foot dream home with 5 bedrooms and 5 bathrooms with garage. Plans in place from TKGA Architects with conceptual house designs. This location has Views of Aspen Mountain with mature trees for privacy. The Detached Guest house is producing a monthly income of $1,500p/m. Square footage of 3,022 includes 430sqft guest house. Truly a unique find for West End.” 2013 Taxes: $6,064. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/04/2014; Sold Date: 04/30/14. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #131404 – Aspen, West Aspen, Red Butte Subdivision single family riverfront home, 1310 Red Butte Drive, Aspen, CO: Sold Price: $4,375,000/$1,245 sq ft unfurnished. More details below photos.

MLS #131404 – Aspen, West Aspen, Red Butte Subdivision single family riverfront home, 1310 Red Butte Drive, Aspen, CO: Sold Price: $4,375,000/$1,245 sq ft unfurnished; Asking Price: $4,975,000. (Original Price: $4,975,000 and 236 days on the market since 09/02/2013.) This is a 1965 built/1977 remodeled, 4 bedroom/2 bath/1 three-quarter bath, 3,514 sq ft single family home with 2 car garage on a 34,020 sq ft lot. Broker comments are, “Spectacular and Scarce Private Riverfront Property in Aspen. Ability to develop a new luxury residence of 9,200 square feet plus (5,200 above grade FAR, and up to 4,000 below). See and listen to the river from your residence while taking in the views toward Ajax and Buttermilk to the South. The existing three level residence offers an open floor plan with ample natural light and walk out decks. A truly rare opportunity.” 2013 Taxes: $9,644. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/09/2014; Sold Date: 04/24/2014. (Photos and broker comments courtesy of AV 20 Properties LLC.)

MLS #128941 – Aspen, Central Core hotel condo, 200 S. Aspen, CO: Sold Price: $11,875,000/$913 sq ft furnished. More details below photos.

MLS #128941 – Aspen, Central Core hotel condo, 200 S. Aspen, CO: Sold Price: $11,875,000/$913 sq ft furnished; Asking Price: $15,500,000. (Original Price: $15,500,000 and 419 days on the market since 03/07/2013.) This is a 1984 built, 19 bedroom/19 bath, 13,000 sq ft hotel condo on a 9,000 sq ft lot. Broker comments are, “Never before, never again real estate opportunity in the heart of downtown Aspen! Enjoy privacy & exclusivity on a 9,000 square foot corner lot, adjacent to Whitaker Park & just a few blocks to the gondola & 1 block from restaurants, shopping & nightlife. Known for three decades as “The Hotel Lenado”, the property currently features 19 bedroom suites, 19.5 baths, 2 on-site & 2 off-site employee housing units, & 6 owned parking spaces. Contact listing broker for various redevelopment scenarios. Included preliminary plans feature a theater, massage room with locker room & steam shower, fitness center, business center, mud room, ski room, and game room a unique blend of luxury & flexibility.” 2013 Taxes: $42,204. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/13/2014; Sold Date: 04/30/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #127602 – Aspen, McLain Flats, Bear Hollow multi-family vacant lot, 118 Trentaz Drive, Aspen, CO: Sold Price: $4,600,000. More details below photos.

MLS #127602 – Aspen, McLain Flats, Bear Hollow multi-family vacant lot, 118 Trentaz Drive, Aspen, CO: Sold Price: $4,600,000; Asking Price: $4,600,000. (Original Price: $2,995,000 and 923 days on the market since 10/19/2011.) This is a 23.55 acre multi-family lot in the Bear Hollow subdivision on McLain Flats. Broker comments are, “It’s rare to find 23 acres with two building sites that feature views from Aspen Mountain to Mt. Sopris within minutes from downtown Aspen. This very private estate compound offers two flat building envelopes – Lot 1 has 5750 sq. ft. of FAR and Lot 2 has 8250 sq. ft. of FAR. Great views in every direction with the most prominent views to the southwest towards the Elk Mountain Range with majestic 13,000 feet-plus peaks, pastoral Owl Creek Valley, all four ski mountains and without any sight of neighboring homes. The large building envelopes have plenty of room for a barn, pool, guesthouse, pond and space for outdoor entertaining. The home sites offer all day sun and water rights from the White Horse Springs Water District.” 2013 Taxes: $18,048; HOA Dues: TBD. Under Contract Date: 03/10/2014; Sold Date: 04/29/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #133248 – Aspen, Central Core, Edge of Ajax Condo, 715 E. Hopkins, Unit 1, Aspen, CO: Sold Price: $4,600,000/$2,123 sq ft furnished. More details below photos.

MLS #133248 – Aspen, Central Core, Edge of Ajax Condo, 715 E. Hopkins, Unit 1, Aspen, CO: Sold Price: $4,600,000/$2,123 sq ft furnished ; Asking Price: $4,850,000. (Original Price: $3,595,000 and 657 days on the market since 11/07/2011. This is a 1981 built/2013 remodeled, 4 bedroom/4 bath, 2,166 sq ft condo with 2 car garage. Broker comments are, “The West Elk Mountains meets mountain contemporary in this Edge of Ajax townhome which has been ushered into the 21st century with a complete ”to the studs” remodel. This is Aspen Central Core, downtown living at its finest in a quiet East Hopkins location, ”ski boot” walking distance to the Aspen Mountain Gondola, with a snowmelt driveway, 2 car garage, and 2 extra off-street parking spaces. Prime Southern exposure offers front and center unobstructed views of Aspen Mountain, with 2 decks, hot tub, and air conditioning in the finest ”Mountain Loft” vernacular.” 2013 Taxes: $6,028; HOA Dues: $3,200 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/21/2014; Sold Date: 04/30/2014. (Photos and broker comments courtesy of Aspen Associates Realty.)

MLS #130623 – Aspen, Central Core, Greystone Condo Townhome , 814 E. Cooper Avenue, Aspen, CO: Sold Price: $2,750,000/$964 sq ft furnished. More details below photos.

MLS #130623 – Aspen, Central Core, Greystone Condo Townhome, 814 E. Cooper Avenue, Aspen, CO: Sold Price: $2,750,000/$964 sq ft furnished; Asking Price: $2,950,000. (Original Price: $3,750,000 and 1,046 days on the market since 06/17/2011.) This is a 1991 built/2011 remodeled, 3 bedroom/3 bath/1 half bath, 2,851 sq ft condo with 1 car garage. Broker comments are, “This spacious 3-bedroom, 3.5-bathroom townhome is located just two blocks from the Silver Queen Gondola in downtown Aspen. The property was remodeled in 2011 and has a number of amazing amenities, featuring a large living area with gas fireplace, the high ceilings with glass atrium brings in much natural light. The kitchen has stainless appliances, a SubZero refrigerator and a Wolf stove. The second floor has two suites, each with gas gas fireplace. The master bedroom is highlighted by two bay doors that open and have views of Aspen Mountain. Also, a one-car garage , two off-street parking spaces, and laundry room offer convenience and functionality. Disclosure – Certificate of Occupancy calls for 2 bedrooms and den/rec room.” 2013 Taxes: $5,424. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/24/2014; Sold Date: 04/25/2014. (Photos and broker comments courtesy of Frias Properties.)

MLS #132241 – Aspen, Central Core, Aspen Alps condo, 700 Ute Avenue 212, Aspen, CO: Sold Price: $1,425,000/$1,191 sq ft furnished. More details below photos.

MLS #132241 – Aspen, Central Core, Aspen Alps condo, 700 Ute Avenue 212, Aspen, CO: Sold Price: $1,425,000/$1,191 sq ft furnished; Asking Price: $1,495,000. (Original Price: $1,495,000 and 144 days on the market since 11/25/2013.) This is a 1972 built, 2 bedroom/3 bath, 1,196 sq ft condo with 1 cxar garage. Broker comments are, “Incredible location in the heart of town and walking distance to the Gondola on Aspen Mountain. This two bedroom three bath unit has a walk out patio, wood burning fireplace with an open kitchen and living room. Possibility to add 3rd bedroom. South facing windows makes this unit light and bright. Enjoy the Alps’ complex amenities including a fitness center, spa and tennis courts. Included is a 1 car covered parking spot.” 2013 Taxes: $3,626; HOA Dues: $1,806 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/26/2013; Sold Date: 04/15/2014. (Photos and broker comments courtesy of Aspen Associates Inc.)

MLS #134026 – Aspen, Central Core condo, 222 W. Hopkins Avenue Unit 6, Aspen, CO: Sold Price: $1,600,000/$829 sq ft partially furnished. More details below photo.

MLS #134026 – Aspen, Central Core condo, 222 W. Hopkins Avenue Unit 6, Aspen, CO: Sold Price: $1,600,000/$829 sq ft partially furnished; Asking Price: $1,600,000. (Original Price: $3,695,000 and 2,377 days on the market since 11/01/207.) This is a 1980 built/2002 remodeled, 4 bedroom/2 bath/1 three-quarter bath, 1,929 sq ft condo. No broker comments in MLS. 2013 Taxes: $3,525. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/14/2014; Sold Date: 04/25/2014. (Photos and broker comments courtesy of Joshua & Co.)

MLS #131354 – Aspen, Smuggler, Hunter Creek condo, 949 Vine Street 949, Aspen, CO: Sold Price: $735,000/$718 sq ft. More details below photos.

MLS #131354 – Aspen, Smuggler, Hunter Creek condo, 949 Vine Street 949, Aspen, CO: Sold Price: $735,000/$718 sq ft; Asking Price: $749,000. (Original Price: $999,000 and 932 days on the market since 12/06/2010.) This is a 1980 built/2010 remodeled, 3 bedroom/2 bath, 1,023 sq ft condo. Broker comments are, “This 3-bedroom, top floor unit is light and bright with a great potential for remodel. Owner will consider trade for a 2 bedroom in the core. Wood -burning fireplace. Nice neighborhood with onsite management, tennis, pool and spa. Short walk to the bus stop.” 2013 Taxes: $1,729; HOA Dues: $349 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/03/2014; Sold Date: 04/30/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #132576 – Aspen, West Aspen, Pomegranate condo, 38996 Highway 82 1b, Aspen, CO: Sold Price: $590,000/$556 sq ft unfurnished. More details below photos.

MLS #132576 – Aspen, West Aspen, Pomegranate condo, 38996 Highway 82 1b, Aspen, CO: Sold Price: $590,000/$556 sq ft unfurnished; Asking Price: $595,000. (Original Price: $795,000 and 957 days on the market since 10/14/2009. This is a 21972 built/2007 remodeled, 2 bedroom/2 bath/2 three-quarter bath, 1,060 sq ft condo. Broker comments are, “Darling, remodeled garden level condo with Cherry wood cabinets, granite counters and Stainless appliances. Enjoy a cup of hot chocolate while sitting in front of your stone fireplace, or enjoy a soak in your Jacuzzi tub after skate skiing out of your back door. The amazing views can be seen while out your back door. HOA is extremely well run – never a special assessment and yet the building has new roof, new interior, fresh paint, fresh paving. And the dues are low! Everything is kept up. (Low dues) And to this one car garage and you’ve got a heck of a buy at $561/ft. Located in the Aspen School district. No transfer tax on condo. Less than 5 miles outside the roundabout and close to bus stop. This is a true local’s heaven.” 2013 Taxes: $1,265; HOA Dues: $282 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/20/2014; Sold Date: 04/29/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #130567 – Aspen, Central Core, Pioneer Condos, 915 E. Hopkins Avenue, Unit 2, Aspen, CO: Sold Price: $420,000/$776 sq ft furnished. More details below photos.

MLS #130567 – Aspen, Central Core, Pioneer Condos, 915 E. Hopkins Avenue, Unit 2, Aspen, CO: Sold Price: $420,000/$776 sq ft furnished; Asking Price: $465,000. (Original Price: $695,000 and 673 days on the market since 10/05/2009.) This is a 1974 built, 1 bedroom/1 bath, 541 sq ft condo. Broker comments are, “Great property for a local or part time resident. Originally a 1 bedroom, very easily converted back. Currently the largest studio listed for sale in Aspen for the lowest price per square foot. Light and bright with built-in Murphy bed. Walk to everything Aspen has to offer. In-unit washer and dryer, assigned, off-street parking and large storage unit. Low HOA fees. Total building was painted summer of 2013 roof is two years old. No pets allowed. Current tenant has 30 day move-out after closing.” 2013 Taxes: $982; HOA Dues: $525 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/16/2014; Sold Date: 04/29/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #134029 – Aspen, Central Core, Aspen Townhouse, 108 W. Hyman Avenue #9, Aspen, CO: Sold Price: $1,300,000/$1,347 sq ft furnished. More details below photos.

MLS #134029 – Aspen, Central Core, Aspen Townhouse, 108 W. Hyman Avenue #9, Aspen, CO: Sold Price: $1,300,000/$1,347 sq ft furnished; Asking Price: $1,300,000. (Original Price: $1,300,000 and sold before MLS.) This is a 1969 built, 3 bedroom/2 bath, 965 sq ft condo. No broker comments in MLS. 2013 Taxes: $1,786; HOA Dues: $717 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 4/15/2014; Sold Date: 4/30/2014. (Photos and broker comments courtesy of Amy Doherty Properties.)

MLS #133471 – Snowmass Village, Country Club Homes condo, 366 Snowmass Club Circle 2, Snowmass Village, CO: Sold Price: $1,500,000/$678 sq ft partially furnished. More details below photos.
MLS #133471 – Snowmass Village, Country Club Homes condo, 366 Snowmass Club Circle 2, Snowmass Village, CO: Sold Price: $1,500,000/$678 sq ft partially furnished; Asking Price: $1,650,000. (Original Price: $1,650,000 and 36 days on the market since 03/24/2014.) This is a 1989 built, 3 bedroom/3 bath, 2,212 sq ft condo with 1 car garage. Broker comments are, “One of the most beautifully finished Townhomes at the Country Club. This 3 bedroom/3 bath is located very close to the Snowmass Club athletic center and clubhouse. Great views overlooking the Golf Course and the Two Creeks Ski Area. Exceptional finishes throughout. There is not a better opportunity at this price in Snowmass Village.” 2013 Taxes: $4,123; HOA Dues: $2,589 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/28/2014; Sold Date: 04/29/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #132384 – Snowmass Village, Seasons 4 condo, 35 Lower Woodbridge Road #181, Snowmass Village, CO: Sold Price: $392,500/$414sq ft unfurnished. More details below photos.

MLS #132384 – Snowmass Village, Seasons 4 condo, 35 Lower Woodbridge Road #181, Snowmass Village, CO: Sold Price: $392,500/$414sq ft unfurnished; Asking Price: $385,000. (Original Price: $385,000 and 136 days on the market since 12/13/20013.) This is a 1971 built/2009 remodeled, 2 bedroom/2 bath, 948 sq ft condo. Broker comments are, “2 bedroom 2 bath, fully remodeled condominium with perfect location — right across from the pool and hot tub. Wood floors throughout, new appliances, wood burning fireplace. Light, bright – a perfect little home in Snowmass. Easy shuttle bus access. This is a short sale.” 2013 Taxes: $1,239. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/19/2013. Sold Date: 04/28/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #134038 – Snowmass Village, Viceroy condo, 130 Wood Road 312, Snowmass Village, CO: Sold Price: $2,350,000/$1,041 sq ft furnished. More details below photos.

MLS #134038 – Snowmass Village, Viceroy condo, 130 Wood Road 312, Snowmass Village, CO: Sold Price: $2,350,000/$1,041 sq ft furnished; Asking Price: $2,499,000. (Original Price: $2,499,000 and 293 days on the market since 12/02/2013.) This is a 2010 built, 4 bedroom/3 bath, 2,257 sq ft condo. Broker comments are, “New Condominium units now available at the world-acclaimed Viceroy. Ski in-Ski-out in Snowmass’ Base Village, there is nothing else like in the Aspen/Snowmass market for wholly-owned condominiums. Leed Gold Certified Property. One time Base Village Metro Fee paid by Buyer of $5,150.” 2013 Taxes: $14,453; HOA Dues: $14,237 Qtr. Town of Snowmass Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/28/2014; Sold Date: 04/30/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

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Disclaimer: The statements made in The Estin Report and on 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 at970.309.6163 or by email. The Estin Report is copyrighted 2014 and all rights reserved. Use is permitted subject to the following attribution with link to the source: “The Estin Report on the Aspen real estate market”

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