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Last week’s Aspen and Snowmass sales activity appears below. Scroll down the 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.
The under contract activity in the past two weeks, with (19) two weeks ago and (20) this past week, is off the charts.
The Estin Report: 2nd Quarter / 1st Half 2014 State of the Aspen Real Estate Market was released online in Current Reports on July 18, 2014. The print edition will be available in racks around town after Fri. July 25th.
Q2 / H1 2014 Aspen Snowmass Real Estate Market Direction Pg 9 Chart
The Estin Report: June 2014 Aspen Snowmass Market Snapshot was released in Current Reports 07/06/14:
Click image for June 2014 Aspen Real Estate Market Snapshot pdf in Current Reports
Market Activity Week 28, July 13 – July 20, 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 (14): MLS #s: 135280, 134592, 135263, 133131, 134599, 133408, 132195, 135264, 133307, 134406, 134405, 135335, 130606, 129931. This link is valid until 8/20/2014.
Under Contract / Pending (20): MLS #s: 133612, 134976, 128818, 135261, 132321, 133043, 134875, 134455, 133069, 128930, 126092, 134310, 131346, 132417, 132644, 132212, 125729, 134397, 134695, 134660. This link is valid until 8/20/2014.
Aspen Snowmass Solds Last Week:
MLS #135280 – Aspen, West Aspen, Maroon Creek Club, 110 & 120 Pfeifer Place, Aspen, CO: Sold Price: $10,800,000/$1,847 sq ft furnished. More details below photos.
MLS #135280 – Aspen, West Aspen, Maroon Creek Club, 110 & 120 Pfeifer Place, Aspen, CO: Sold Price: $10,800,000/$1,847 sq ft furnished; Asking Price: $11,975,000. (Original Price: $11,975,000. Not on the market…this was a private deal entered into the MLS just 2 days prior to closing.) This is a 2002 built/remodeled in past few years, 4 bedroom/6 bath/1 half bath, 5,845 sq ft single family home with 2 car garage on a 62,290 sq ft lot. The property sold for $6M/$984 sq ft in 05/16/2006. The home is extraordinarily beautiful and sits on its own raised unique promontory in the Maroon Creek Subdivision complete with infinity edge pool overlooking Maroon Creek Club, town of Aspen and Aspen Highlands .No broker comments. 2013 Taxes: $26,019. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/02/2014; Sold Date: 07/17/2014. (Photos courtesy of Joshua & Co.)
MLS #134592 – Aspen, West Aspen single family home, 1605 Silver King Drive, Aspen, CO: Sold Price: $3,650,000/$961 sq ft unfurnished. More details below photos.
MLS #134592 – Aspen, West Aspen single family home, 1605 Silver King Drive, Aspen, CO: Sold Price: $3,650,000/$961 sq ft unfurnished; Asking Price: $3,750,000. (Original Price: $3,750,000 and 38 days on the market since 06/06/2014.) This is a 4 bedroom/3 bath/1 half bath, 3,798 sq ft single family home with 2 car garage on a 15,400 sq ft lot. Broker comments are, “Wonderful single family home on a duplex lot with views of Aspen Mountain, Buttermilk, Pyramid Peak, and Aspen Highlands! Features include 4 bedrooms (including an apartment with kitchen), 3.5 baths, 3798 square feet, open floor plan, upgraded kitchen, office, gas fireplace, and two car garage. The inviting outdoor spaces include a large yard with mature landscaping, hot tub, deck, and walkout patio. Located in a quiet neighborhood, yet close to downtown Aspen. Additional FAR is available.” 2013 Taxes: $8,008. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/09/2014; Sold Date: 07/14/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #133131 – Aspen, Central Core, Chateau Eau Claire condo, 1034 E. Cooper Avenue 21-A, Aspen, CO: Sold Price: $1,250,000/$1,275 sq ft furnished. More details below photos.
MLS #133131 – Aspen, Central Core, Chateau Eau Claire condo, 1034 E. Cooper Avenue 21, Aspen, CO: Sold Price: $1,250,000/$1,275 sq ft furnished; Asking Price: $1,295,000. (Original Price: $1,295,000 and 142 days on the market since 03/03/2014.) This is a 1971 built, 2 bedroom/2 bath, 980 sq ft unique Chat Eau Claire condo unit with a step down living area creating much taller than usual ceiling height in the kitchen and living room. Broker comments are, “2 bedroom/2 bath central core condo in Chateau Eau Claire with great rental history. Located on the Roaring Fork river with stunning river views, this condo is just a few blocks to the gondola. Walk right out your front door and enjoy the hot tub. This building has been newly remodeled with a contemporary exterior with elevator.” 2013 Taxes: $2,327; HOA Dues: $TBD. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/16/2014; Sold Date: 07/16/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #133408 – Aspen, Central Core, Der Berghof Condos, 100 E. Cooper Avenue 4, Aspen, CO: Sold Price: $1,375,000/$1,600 sq ft furnished. More details below photos.
MLS #133408 – Aspen, Central Core, Der Berghof Condos, 100 E. Cooper Avenue 4, Aspen, CO: Sold Price: $1,375,000/$1,600 sq ft furnished; Asking Price: $1,489,000. (Original Price: $1,489,000 and 121 days on the market since 03/18/2014.) This is a 1962 built/2014 remodeled, 2 bedroom/2 bath, 859 sq ft condo on the ground level. The complex is one of the very few condominium complexes in downtown Aspen that has been recently completely gut remodeled. Recent sales in this building have been brisk at high prices: on 03/19/14, a top floor 2 bdrm/3 ba unit closed at $2.9M/$1,872 sq ft. The next door unit, #5, is under contract with an ask price of $1.63M/$1,897sq ft scheduled to close 0902/14. A stunning 3 bdr,/3 ba top floor unit came on the market last week at $3.4M/$2,377 sq ft ask price. Contact Tim about this exceptional and unique opportunity. Broker comments on Unit #4 are, “This downtown 2 bedroom, 2 bath condo has it all. Located diagonally across from Koch Park and a few minutes walk to the gondola, restaurants and shops combined with a major $4MM contemporary Rowland and Broughton architects remodeled building exterior. The entire The tastefully decorated open floor plan offers easy, comfortable living for family and friends. Features include Jacuzzi tub, tile and wood floors throughout, electric shades, stainless steel appliances, flat screen smart tvs and surround sound, private (snow-melt) patio with ski storage and gas hook up.Only owner-occupied units may have a dog. Owners are permitted a maximum of one dog and one cat or two cats.” 2013 Taxes: $1,642; HOA Dues: $1,091 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/01/2014; Sold Date: 07/17/2014. (Photos and broker comments courtesy of Shane Aspen Real Estate.)
MLS #135263 – Aspen, Central Core, Downtown Aspen Townsite commercial, 411 E. Hyman Avenue, Aspen, CO: Sold Price: $2,520,000/$1,614 sq ft. More details below photo.
MLS #135263 – Aspen, Central Core, Downtown Aspen Townsite commercial, 411 E. Hyman Avenue, Aspen, CO: Sold Price: $2,520,000/$1,614 sq ft; Asking Price: $2,520,000. (Original Price: $2,520,000 and 123 days on the market since 07/14/2014.) This is a 1,561 sq ft commercial building in downtown Aspen. Broker comments are, “Small commercial building with one retail space on the street-level and a 1-bedroom apartment on the 2nd level with 2 parking spaces in the back.” 2013 Taxes: $12,300. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/08/2014; Sold Date: 07/07/2014. (Photos and broker comments courtesy of Setterfield & Bright.)
MLS #132195 – Aspen, Central Core, Park Central West commercial, 215 S. Monarch Street, Aspen, CO: Sold Price: $370,000/$759 sq ft. More details below photos.
MLS #132195 – Aspen, Central Core, Park Central West commercial, 215 S. Monarch Street, Aspen, CO: Sold Price: $370,000/$759 sq ft; Asking Price: $399,000. (Original Price: $499,600 and 240 days on the market since 11/21/2013.) This is a 1976 built, 487 sq ft commercial condo. Broker comments are, “Price reduced. South facing Central Core private office. Sale includes legal ownership to one parking space with direct access to office condo. Current tenant has two year lease.” 2013 Taxes: $2,841. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/14/2014; Sold Date: 07/18/2014. (Photos and broker comments courtesy of Stirling Peak Properties.)
MLS #135264 – Aspen, Central Core, Downtown Aspen Townsite commercial, 409 E. Hyman Avenue, Aspen, CO: Sold Price: $4,750,000/$1,211 sq ft. More details below photo.
MLS #135264 – Aspen, Central Core, Downtown Aspen Townsite commercial, 409 E. Hyman Avenue, Aspen, CO: Sold Price: $4,750,000/$1,211 sq ft; Asking Price: $4,750,000. (Original Price: $4,750,000 and 92 days on the market since 07/14/2014.) This is a 1960 built, 3,920 sq ft commercial building in downtown Aspen. Broker comments are, “Top floor restaurant space plus street-level and basement retail space and one parking space. Excellent commercial building for sale with two local tenants.” 2013 Taxes: $28,403. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/09/2014; Sold Date: 07/09/2014. (Photos and broker comments courtesy of Setterfield & Bright.)
MLS #129931 – Snowmass Village, Country Club Villas condo, 150 Snowmass Club Circle #1511, Snowmass Village, CO: $725,000/$549 sq ft furnished. More details below photos.
MLS #129931 – Snowmass Village, Country Club Villas condo, 150 Snowmass Club Circle #1511, Snowmass Village, CO: $725,000/$549 sq ft furnished; Asking Price: $725,000. (Original Price: $775,000 and 420 days on the market since 05/21/2013.) This is a 1987 built/2000 remodeled, 3 bedroom/3 bath, 1,229 sq ft condo. Broker comments are,
“Lovely corner ground floor villa providing privacy from deck & bedrooms. Wonderful Snowmass Ski Area views & an interior filled with sunlight. Decorated with country charm, walk out your patio to enjoy the breathtaking beauty of mountains,golf course and colorful flowers surrounding the villa in the summertime & beautiful ski area views in the winter. Spectacular views of Mt. Daly across the Snowmass Club Golf Course & just minutes to Two Creeks ski lift. Includes a Villa Gold Snowmass Club membership offering the most extensive amenities in Snowmass to include 4 swimming pools, tennis, discounted golf, full athletic club with complimentary exercise classes for owners and rental guests. Snowmass Club membership transferable to buyer. Washer/ Dryer in condominium.” 2013 Taxes: $1,730; HOA Dues: $3,179 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/26/2014; Sold Date: 07/15/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS 133307 – Snowmass Village, Tamarack condo, 135 Carriage Way 32, Snowmass Village, CO: Sold Price: $450,000/$481 sq ft furnished. More details below photos.
MLS 133307 – Snowmass Village, Tamarack condo, 135 Carriage Way 32, Snowmass Village, CO: Sold Price: $450,000/$481 sq ft furnished; Asking Price: $499,000. (Original Price: $499,000 and 127 days on the market since 03/13/2014.) This is a 1969 built, 2 bedroom/2 bath, 934 sq ft condo. Broker comments are, “Tamarack condo #32 is conveniently located across from Base Village and is a great investment with excellent rental history. Enjoy all the shops and restaurants offered minutes away and superior location to Snowmass Mountain ski area. The complex offers front desk service, a pool and hot tub and managed by Destination Resorts.” 2013 Taxes; $1,616; HOA Dues: $9,978 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/31/2014; Sold Date: 07/15/2014. (Photos and broker comments courtesy of McKinley Sales.)
MLS #135335 – Snowmass Village, Sinclair Meadows single family lot, 300 Gambel Way, Snowmass Village, CO: Sold Price: $830,000. More details below photos.
MLS #135335 – Snowmass Village, Sinclair Meadows single family lot, 300 Gambel Way, Snowmass Village, CO: Sold Price: $830,000; Asking Price: $850,000. (Original Price: $850,000 and 92 days on the market since 04/15/2014.) This is a 17,974 sq ft single family lot in the Sinclair Meadows subdivision. Broker comments are, “This property has a combination of sweeping down-valley views and bike-in/bike-out access from the Owl Creek Trail.” 2013 Taxes: $8,604. Under Contract Date: 04/16/2014; Sold Date: 07/16/2014. (Photos and broker comment courtesy of Aspen Snowmass Sotheby’s.)
MLS #134406 – Old Snowmass single family home on 29 acres, 730 Rose Spur Road, Snowmass, CO: Sold Price: $3,250,000/$884 sq ft. More details below photos.
MLS #134406 – Old Snowmass single family home on 29 acres, 730 Rose Spur Road, Snowmass, CO: Sold Price: $3,250,000/$884 sq ft; Asking Price: $3,250,000. (Original Price: $3,250,000 and 48 days on the market since 05/28/2014.) This is a 1992 built, 4 bedroom/4 bath/1 three-quarter bath/2 half bath, 3,676 sq ft single family home with 2 car garage on 29 acres (1,263,240 sq ft). There are two other active Old Snowmass ranch type listings (EA11948712, EA13536232) currently available in this strikingly beautiful, low key but prestigous area that I refer to “as Sagaponack is to Southampton, Old Snowmass is to Aspen.” Contact Tim for listing info. The property has no broker comments. 2013 Taxes: $13,236; HOA Dues: $15,500 Yr. Under Contract Date: 06/02/2014; Sold Date; 07/15/2014. (Photos and broker comments courtesy of Aspen Real Estate Co.)
MLS #134405 – Old Snowmass single family home, 720 Rose Spur Road, Snowmass, CO: Sold Price: $1,500,000/$1,297 sq ft unfurnished. More details below photos.
MLS #134405 – Old Snowmass single family home, 720 Rose Spur Road, Snowmass, CO: Sold Price: $1,500,000/$1,297 sq ft unfurnished; Asking Price: $1,500,000. (Original Price: $1,500,000 and 49 days on the market since 05/28/2014.) Sold in conjunction with 730 Rose Spur above. Buyers are turning around immediately and listing the combined 720/730 Rose Spur property that they paid $4.75M for at $7.495M. This is a 1991 built, 3 bedroom/2 bath, 1,156 sq ft single family home with 3 car garage on 29.4 acres (1,280,664 sq ft). No broker comments. 2013 Taxes: $6,961; HOA Dues: $15,500 Yr. Under Contract Date: 06/02/2014; Sold Date: 07/15/2014. (Photos and broker comments courtesy of Aspen Real Estate Co.)
MLS #134599 – Old Snowmass, Oh Be Joyful single family home, 172 Katie Park Lane, Snowmass, CO: Sold Price: $900,000/$509 sq ft unfurnished. More details below photos.
MLS #134599 – Old Snowmass, Oh Be Joyful single family home, 172 Katie Park Lane, Snowmass, CO: Sold Price: $900,000/$509 sq ft unfurnished; Asking Price: $899,000. (Original Price: $1,599,000 and 38 days on the market since 06/08/2014.) This is a 1975 built/1993 remodeled, 2 bedroom/2 bath, 1,768 sq ft single family home on a 667,775 sq ft lot (15.33 acres). Broker comments are, “Unbelievable reduction. First time on the market since 1999, this is the property everyone asks about…the iconic Old Snowmass ”Red Barn.” Currently leased, the barn residence is well cared for on the beautiful, mostly flat 15.33 acres, making it perfect for horses or a small ranch. Property can accommodate a larger residential structure. Separate studio with kitchen. Property has views to the slopes of Campground, two wells and 7% shares of water rights in the Stewart No. 1 Ditch. Located just one mile from Highway 82, it is quiet, private, and easily accessible. Only 4.5 miles from downtown Basalt and 15.5 miles from Aspen, with all the amenities you have come to love about living in the Roaring Fork Valley. Hike, bike, horseback ride, ski, raft, camp…you can have it all.” 2013 Taxes: $5,235. Under Contract Date: 06/14/2014; Sold Date: 07/16/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #130606 – Old Snowmass, Little Elk Creek single family home, 262 Haystack Lane, Snowmass, CO: Sold Price: $1,575,000/$336 sq ft. More details below photos.
MLS #130606 – Old Snowmass, Little Elk Creek single family home, 262 Haystack Lane, Snowmass, CO: Sold Price: $1,575,000/$336 sq ft; Asking Price: $1,635,000. (Original Price: $1,635,000 and 381 days on the market since 06/28/2013.) This is a 2008 built, 5 bedroom/4 bath, 4,677 sq ft single family home on a 45,302 sq ft lot. Broker comments are, “Experience the serenity and peacefulness of Old Snowmass. This spacious family home rests at the end of the road bordering a larger ranch property. The flat 1+ acre lot includes a small pond and the sound of flowing water with a small creek. South-facing views overlook ranch landscapes with a snow-capped mountain-view backdrop. This recently built 5+ bedroom home features beautiful finishes down to every last detail. Large windows throughout provide natural light and frame in scenic mountain views.” 2013 Taxes: $6,080; HOA Dues: $545 Qtr. Under Contract Date: 06/08/2014; Sold Date: 07/14/2014. (Photos and broker comments courtesy of Leverich & Carr.)
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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 at 970.309.6163 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 Aspen real estate.”
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