A recent 5/13/14 news article on strengthening Aspen property sales cited Jan-April 2014 Estin Report stats.
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 20, May 11 – 18, 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 (13): MLS #s: 129710, 133040, 132511, 123544, 128944, 130648, 130197, 120783, 130448, 129869, 129855, 123406, 128124. This link is valid until 06/18//2014.
Under Contract / Pending (13): MLS #s: 128189, 128802, 130566, 130207, 131847, 133408, 132195, 133364, 132143, 133902, 134070, 130606, 127164.This link is valid until 06/18//2014.
Aspen Snowmass Solds Last Week
MLS #128124 – Aspen, Central Core, Mother Lode Aspen condo, 314 E. Hyman Avenue, Aspen, CO: Sold Price: $17,000,000/$1,888 sq ft furnished. More details below photos.
MLS #128124 – Aspen, Central Core, Mother Lode Aspen condo, 314 E. Hyman Avenue, Aspen, CO: Sold Price: $17,000,000/$1,888 sq ft furnished; Asking Price: $21,500,000. (Original Price: $32,000,000 and on the market since 2009.) This is a 2008 built, 5 bedroom/8 bath/1 half bath, 9,000 sq ft, 4-level condo with 2 car garage. See article. Broker comments are, “Exclusivity. It’s one of the things that makes Aspen stand out from the rest, and in Aspen, the Mother Lode stands out as uniquely singular. Offering a rare combination of attributes that are unmatched by any other residential offering, the Mother Lode is nothing if not exclusive. Highly prized for its one-of-a-kind location in the heart of downtown Aspen, up close views of Aspen Mountain, unforgettable roof top deck with bar & hot tub, unsurpassed commitment to craftsmanship, & luxurious finishes & furnishings. It’s these unique qualities that makes the Mother Lode “the location” in Aspen. Enjoy downtown Aspen “penthouse living” with warm & inviting living spaces & 9,000 sq ft of living plus common areas, garage, & tons of storage.” 2013 Taxes: tbd. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/24/2014; Sold Date: 05/16/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #123406 – Aspen, Red Mountain single family home, 411 Willoughby Way, Aspen, CO: Sold Price: $14,500,000/$1,686 sq ft furnished. More details below photos.
MLS #123406 – Aspen, Red Mountain single family home, 411 Willoughby Way, Aspen, CO: Sold Price: $14,500,000/$1,686 sq ft furnished; Asking Price: $17,950,000. (Original Price: $19,950,000 and 905 days on the market since 11/22/2011.) This is a 1995 built, 6 bedroom/6 bath/1 half bath, 8,597 sq ft single family home with 2 car garage on an almost 2 acre, 78,408 sq ft, lot. Broker comments are, “Willoughby Way is Aspen’s Best Address. This exquisite six bedroom classic mountain estate sits majestically on just less than two acres of prime Aspen real estate. It’s great room and decks provide front and center views of Aspen Mountain. All rooms are above grade. Designed by renowned Aspen architect Bill Poss, interior design by Zoe Compton and built by Hansen Construction. Greater than 8,500 square feet of livable heated area plus a 1,430 square foot terrace, this is the perfect second home for your most discerning buyer.” 2013 Taxes: $28,135. Under Contract Date: 02/28/2014; Sold Date: 05/15/2014. (Photos and broker comments courtesy of Shane Aspen Real Estate.)
MLS #129855 – Aspen, Central Core, Pitkin Row condo, 120 S. Spring Street #1, Aspen, CO: Sold Price: $4,400,000/$1,557 sq ft furnished. More details below photos.
MLS #129855 – Aspen, Central Core, Pitkin Row condo, 120 S. Spring Street #1, Aspen, CO: Sold Price: $4,400,000/$1,557 sq ft furnished; Asking Price: $1,669,000. (Original Price: $6,500,000 and 957 days on the market since 08/12/2011.) This is a 1989 built/1998 remodeled, 3 bedroom/3 bath/1 half bath, 2,825 sq ft condo with 2 car garage. Broker comments are, “Stunning, big views of Aspen Mountain. Roof top deck and balcony, end unit. Open and light, wormy chestnut floors, 2 large fireplaces and 2 car garage. Absolute primo location in the core. 3 bedrooms, 3 1/2 baths with preliminary plans for conversion to a 4 bedroom unit. Conducive to many styles of décor. Walking distance to all Aspen has to offer; you are in the heart of Aspen. Rare opportunity to create your own family compound by combining this fabulous townhouse with the one broker has listed next door.” 2013 Taxes: $11,545; HOA Dues: $6,838 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/25/2014; Sold Date: 05/16/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #129869 – Aspen, West End, Aspen Townsite single family home, 232 E. Bleeker Street, Aspen, CO: Sold Price: $3,610,000/$2,406 sq ft furnished. More details below photos.
MLS #129869 – Aspen, West End, Aspen Townsite single family home, 232 E. Bleeker Street, Aspen, CO: Sold Price: $3,610,000/$2,406 sq ft furnished; Asking Price: $3,875,000. (Original Price: $3,950,000 and 364 days on the market since 05/16/2013.) This is an 1893 built/2005 remodeled, 3 bedroom/2 bath, 1,500 sq ft single family home with 1 car garage on a 6,000 sq ft lot. Broker comments are, “Premier location in the West End with spectacular views of Aspen Mountain. This 6,000 square foot corner lot is located catty corner behind the Hotel Jerome and just an easy stroll to everything Aspen has to offer. The adorable Queen Anne Victorian is cozy and comfortable as-is or ready to be redeveloped for newest owner’s taste. Truly a gem of a property with limitless possibilies! Please contact listing brokers for details on redevelopment. Location, location, location.” 2013 Taxes: $8,241. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/05/2013; Sold Date: 05/14/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #129710 – Aspen, Central Core, Mill Street commercial condo, 410 N. Mill Street, Aspen, CO: Sold Price: $270,000/$574 sq ft. More details below photo.
MLS #129710 – Aspen, Central Core, Mill Street commercial condo, 410 N. Mill Street, Aspen, CO: Sold Price: $270,000/$574 sq ft; Asking Price: $290,000. (Original Price: $290,000 and 389 days on the market since 05/03/2013.) This is a 1968 built, 470 sq ft commercial condo. Broker comments are, “Used now as an office and art studio on first floor NE corner overlooking the Roaring Fork River and in the SCI zone. Can continue its current use, but to convert to residential requires special review with City of Aspen. Low HOA dues.” 2013 Taxes: $2,570; HOA Dues: $200 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/22/2014; Sold Date: 05/09/2014. (Photos and broker comments courtesy of Sterling Peak Properties.)
MLS #130448 – Aspen, Brush Creek Village single family home, 1951 Juniper Hill Drive, Aspen, CO: Sold Price: $2,575,000/$533 sq ft unfurnished. More details below photos.
MLS #130448 – Aspen, Brush Creek Village single family home, 1951 Juniper Hill Drive, Aspen, CO: Sold Price: $2,575,000/$533 sq ft unfurnished; Asking Price: $2,650,000. (Original Price: $3,500,000 and 968 days on the market since 09/19/2011.) This is a 1998 built/2000 remodeled, 6 bedroom/6 bath/1 half bath, 4,823 sq ft single family home with 2 car garage on a 91,912 sq ft lot. Broker comments are, “Classic contemporary home, perched on more than 2.+ acres this very private and lushly landscaped setting, with endless mountain views and sunshine all this located close to Aspen. The floor plan is open and airy as you would expect, large vaulted ceiling grand living room and dining area, two great master suits, with a total of six bedroom and six and half baths on three levels, two fire places large gourmet kitchen, breakfast room, family room, two walk out decks to view the reason you’re here.” 2013 Taxes: $8,981; HOA Dues: $236 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/24/2014; Sold Date: 05/14/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #130197 – Aspen, Central Core, Aspen Alps condo, 700 Ute Avenue Unit 215, Aspen, CO: Sold Price: $1,640,000/$1,371 sq ft furnished. More details below photos.
MLS #130197 – Aspen, Central Core, Aspen Alps condo, 700 Ute Avenue Unit 215 (see Aspen Alps complex map) , Aspen, CO: Sold Price: $1,640,000/$1,371 sq ft furnished; Asking Price: $1,750,000. (Original Price: $1,595,000 and 343 days on the market since 06/07/2013.) This is a 1963 built/2013 remodeled, 3 bedroom/3 bath, 1,196 sq ft condo. Broker comments are, “This beautiful Aspen Alps top floor unit has cathedral ceilings, new wood floors and is right in town overlooking a charming Park. Three bedrooms and 3 bathrooms, a huge storage loft comes fully furnished with excellent rental history. ( HOA dues include $200.00/month Reserve Fund.)” 2013 Taxes: $3,351; HOA Dues: $1,806 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/04/2014; Sold Date: 05/16/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #133040 – Aspen, Central Core, Independence Square condo, 404 S. Galena Street Unit 212, Aspen, CO: Sold Price: $324,000/$1,080 sq ft furnished. More details below photos.
MLS #133040 – Aspen, Central Core, Independence Square condo, 404 S. Galena Street Unit 212, Aspen, CO: Sold Price: $324,000/$1,080 sq ft furnished; Asking Price: $325,000. (Original Price: $325,000 and 84 days on the market since 02/21/2014.) This is a 2007 built, 300 sq ft studio. Broker comments are, “Prime location in downtown Aspen only a block to the gondola and steps away to world class shopping and restaurants. Enjoy views of Aspen Mountain from this charming remodeled hotel studio. The unit features designer furnishes and high ceilings. Independence Square offers full service accommodations, onsite front desk, a rooftop deck, jacuzzi, continental breakfast, plus many other amenities! Great rental income potential.” 2013 Taxes: $732; HOA Dues: $3,304 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/18/2014; Sold Date: 05/16/2014. (Photos and broker comments courtesy of McKinley Sales.)
MLS #128944 – Snowmass Village, Horse Ranch single family home, 591 HOrse Ranch Drive, Snowmass Village, CO: Sold Price: $1,500,000/$617 sq ft furnished. More details below photos.
MLS #128944 – Snowmass Village, Horse Ranch single family home, 591 HOrse Ranch Drive, Snowmass Village, CO: Sold Price: $1,500,000/$617 sq ft furnished; Asking Price: $1,650,000. (Original Price: $1,750,000 and 440 days on the market since 03/07/2013.) This is a 1995 built, 4 bedroom/4 bath, 2,428 sq ft single family home with 2 car garage on a 13,000 sq ft lot. Broker comments are, ” Charming and bright family home with excellent floor plan, spacious & open Living Room, Kitchen, Dining and dramatic south-facing views of Snowmass Ski Area. Snow-melt drive and borders Open Space. Best value in Snowmass.” 2013 Taxes: $4,120; HOA Dues: $190 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/02/2014; Sold Date: 05/14/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #132511 – Snowmass Village, Country Club Homes condo, 115 Harleston Green Unit 63, Snowmass Village, CO: Sold Price: $873,000/$721 sq ft partially furnished. More details below photos.
MLS #132511 – Snowmass Village, Country Club Homes condo, 115 Harleston Green Unit 63, Snowmass Village, CO: Sold Price: $873,000/$721 sq ft partially furnished; Asking Price: $895,000. (Original Price: $925,000 and 131 days on the market since 01/03/2014.) This is a 1982 built/2012 remodeled, 2 bedroom/2 bath/1 half bath, 1,210 sq ft condo with 1 car garage. Broker comments are, “Country Club Living at its finest. 2 bedroom/2 ½ bath townhome with attached garage. Located on the majestic Brush Creek in Snowmass’ Country Club Townhomes. Completely renovated and remodeled. Totally turn-key. This two level townhome is private, has views and is perfect for a primary or second home.” 2013 Taxes: $2,443; HOA Dues: $6,480. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/26/2014; Sold Date: 05/13/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #123544 – Snowmass Village, Ridge condo, 229 Faraway Road Unit 6, Snowmass Village, CO: Sold Price: $1,260,000/$592 sq ft furnished. More details below photos.
MLS #123544 – Snowmass Village, Ridge condo, 229 Faraway Road Unit 6, Snowmass Village, CO: Sold Price: $1,260,000/$592 sq ft furnished; Asking Price: $1,395,000. (Original Price: $1,795,000and 890 days on the market since 12/06/2011.) This is a 1982 built/2008 remodeled, 3 bedroom/3 bath, 2,126 sq ft condo. Broker comments are, “Recently remodeled three bedroom located in Phase I of the Ridge Condominiums. Front row with direct ski in/out access, big views and afternoon sun. Total exterior remodel completed in 2010. Full kitchen remodel in 2009 with additional windows added in the living room to enhance the views. Great square footage in a two-story floor plan. (Google Earth image of location may be seen in documents). Non rental, easy to show, HOA # represents the Operating Budget and additional amount of 4,312 is for the capitol reserve.” 2013 Taxes: $4,122; HOA Dues: $13,092 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/28/2014; Sold Date: 05/14/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #130648 – Snowmass Village, Country Club Homes condo, 115 Harleston Green Unit 58, Snowmass Village, CO: Sold Price: $1,615,500/$623 sq ft furnished. More details below photos.
MLS #130648 – Snowmass Village, Country Club Homes condo, 115 Harleston Green Unit 58, Snowmass Village, CO: Sold Price: $1,615,500/$623 sq ft furnished; Asking Price: $1,795,000. (Original Price: $2,799,000 and 1,017 days on the market since 07/02/2013.) This is a 1982 built/2008 remodeled, 3 bedroom/2 bath/1 half bath, 2,592 sq ft condo with 2 car garage. Broker comments are, “Serene Country Club Townhome at Snowmass Club which is ideal in space and location. Remodeled kitchen and baths, this three-bedroom plus loft offers a comfortable, relaxed atmosphere for family and guests. The sounds of the creek float up to the master suite, which is complete with a walk-in closet and plenty of built-ins for easy storage. Recent exterior upgrades, including new roof, and the impeccable upkeep of the property reassures care-free ownership for the new owner. Enjoy the over-sized back patio surrounded by beautiful gardens and just steps from babbling Brush Creek.” 2013 Taxes: $4,802; HOA Dues: $3,183 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/08/2014; Sold Date: 05/15/2014. (Photos and broker comments courtesy of Joshua & Co.)
MLS #120783 – Snowmass Village, Wild Oak single family lot, Tbd Oak Ridge Road, Snowmass Village, CO: Sold Price: $1,725,000. More details below photos.
MLS #120783 – Snowmass Village, Wild Oak single family lot, Tbd Oak Ridge Road, Snowmass Village, CO: Sold Price: $1,725,000; Asking Price; $2,495,000. (Original Price: $2,495,000 and 1,113 days on the market since 04/29/2014.) This is a 195,061 sq ft (4.48 acre) single family lot in the Wild Oak Subdivision. Broker comments are, “One of the best view lots in all of Snowmass Village with the potential to build 6,400 square feet. Owner financing available.” 2013 Taxes: $20,897; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/29/2014; Sold Date: 05/16/2014. (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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