The site has experienced server interruptions with related active link and email contact issues Jul 19 – Aug 2nd. My sincere apology. I believe it’s all fixed but I may only really know if you advise me of issues/problems. Thank you.

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.

Future Activity: It’s been another week of high activity…add (20) Under Contracts last week to (11) the week before + (20) three weeks ago + (18) four weeks ago, + (19) fiveweeks ago = (88) under contracts in past five weeks is… off the charts. Under contract activity is indicative of future performance as most of these properties are scheduled to close in approximately 21-45 days.

2014 July vs 2013 July Under Contract Activity

July 2014: (62) under contract/ pending Jul 1-31, 2014 This link is valid until 8/31/2014.

% Chg = +100%

July 2013: (31) under contract/ pending Jul 1-31, 2013 This link is valid until 9/1/2014.

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 is available in racks around town and my office at 300 S. Spring St across from the new Aspen Art Museum.

Q2 / H1 2014 Aspen Snowmass Real Estate Market Direction Pg 9 Chart

Market Activity Week 31, August 3 – 10, 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 (7): MLS #s: 133000, 135112, 132446, 135175, 122607, 130341, 134976. This link is valid until 9/10/2014.

Under Contract / Pending (20): MLS #s: 135670, 124246, 113949/113952, 132470, 132489, 135630, 135340, 130365, 135409, 132182, 134174, 135671, 128204, 135275, 131491, 131487, 129841, 135669, 125249, 135469, 130966. This link is valid until 9/10/2014.

Aspen Snowmass Solds Last Week:

MLS #135112 – Aspen, West End single family home, 817 W. North Street, Aspen, CO: Sold Price: $7,250,000/$1,456 sq ft furnished. Closes within two weeks of contract. More details below photos.

MLS #135112 – Aspen, West End single family home, 817 W. North Street, Aspen, CO: Sold Price: $7,250,000/$1,456 sq ft furnished; Asking Price: $7,500,000. (Original Price: $7,500,000 and 38 days on the market since 07/03/2014.) Beautiful home and gorgeous family back yard, walking distance to Aspen Institute and Aspen Music Festival, reasonably close to bus shuttle transportation to anywhere. This is a 2005 built, 6 bedroom/6 bath/1 half bath, 4,976 sq ft single family home with 2 car garage on a 6,000 sq ft lot. Broker comments are, “Nestled on a quiet lane in Aspen’s historic West End, this spacious hide-away emanates mountain sophistication, yet is relaxed enough for family living. Standout design features and finishes such as solid sandstone countertops, leather-covered stairs framed by glass balustrades, and an extraordinary Master Suite are real head turners. An abundance of well-placed picture windows, two decks and a wonderful patio in the lushly landscaped backyard provide seamless access to the natural surroundings. A well-appointed family room and 6 suites accommodate your growing family and friends. A sophisticated home designed for creating memories – just a stroll to the music tent or a bike ride to the Farmer’s Market.” 2013 Taxes: $12,894. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/25/2014; Sold Date: 08/07/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #132446 – Aspen, Smuggler, Racquet Club condo, 1050 Matchless Drive, Unit 3, Aspen, CO: Sold Price: $2,775,000/$1,125 sq ft furnished. More details below photos.

MLS #132446 – Aspen, Smuggler, Racquet Club condo, 1050 Matchless Drive, Unit 3, Aspen, CO: Sold Price: $2,775,000/$1,125 sq ft furnished; Asking Price: $2,995,000. (Original Price: $2,995,000 and 399 days on the market since 06/27/2013.) Super cool and sexy, beautiful remodel, Aspen Mtn views, walk everywhere from this Smuggler based townhouse. This is a 1977 built/2010 remodeled, 4 bedroom/4 bath/1 half bath, 2,466 sq ft condo. Broker comments are, “Presenting an opportunity to live in one of the nicest town homes under 3m within walking distance to downtown Aspen. This contemporary town home was remodeled impeccably in 2010 with a keen eye for for function and design. It features 4 bedrooms, 4.5 baths, within 2,466 square feet of living space. The kitchen appliances are all top of the line. Add custom cabinetry, integrated plaster walls, state of the art audio/visual, a family room, wine storage and two laundry areas, it will be a challenge finding anything that competes. The HOA remodeled the entire exterior in 2009 to include gorgeous landscaping. To finish it off there are drop dead views of Aspen Mountain.” 2012 Taxes; $4,431; HOA Dues: $600 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/08/2014; Sold Date: 08/07/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #133000 – Aspen, Central Core, Der Berghof condo, 100 E. Cooper, Unit 5, Aspen, CO: Sold Price: $1,550,000/$1,804 sq ft furnished. Another example of the selling power of “New”. More details below photos.

MLS #133000 – Aspen, Central Core, Der Berghof condo, 100 E. Cooper, Unit 5, Aspen, CO: Sold Price: $1,550,000/$1,804 sq ft furnished; Asking Price: $1,630,000. (Original Price: $1,630,000 and 217 days on the market since 02/18/2014.) This is a 1962 built/2014 remodeled, 2 bedroom/2 bath, 859 sq ft condo. All elements of this condo complex – exterior and interior remodel are like new. Broker comments are, “Modern, elegant and streamlined. This two bedroom, core condo has just been completely remodeled, including the exterior of the entire complex, by Rowland & Broughton Architects. Beautiful and sophisticated finishes include sleek white matte cabinets and slab stone countertops in the kitchen, stone fireplace, custom built-ins and lighting. Large window wall celebrates Aspen Mountain views while allowing for indoor/outdoor entertaining on the terrace. Fully equipped with designer furnishings and ready to enjoy.” 2013 Taxes: $1,642; HOA Dues: $856 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/11/2014; Sold Date; 08/07/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #135175 – Aspen, Central Core, Riverview condo, 1024 E. Hopkins Avneue #11, Aspen, CO: Sold Price: $1,185,000/$1,128 sq ft unfurnished. More details below photos.

MLS #135175 – Aspen, Central Core, Riverview condo, 1024 E. Hopkins Avneue #11, Aspen, CO: Sold Price: $1,185,000/$1,128 sq ft unfurnished; Asking Price: $1,250,000. (Original Price: $1,250,000 and 29 days on the market since 07/08/2014.) A good example of a gut job prospect – difficult to find at reasonable prices – in a river front condo complex that has had strong priced resales of totally remodeled units. This is a 1973 built, 2 bedroom/2 bath, 1,050 sq ft condo. Broker comments are, “Super clean and convenient 2-bedroom and 2-full bathroom river-front unit. Walk to everything from the quiet end of East Hopkins only steps from the core of Aspen. Off-street assigned parking, pool and hot tub, low dues, wood-burning fireplace, and plenty of storage.” 2013 Taxes: $2,399; HOA Dues: $1,274. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/26/2014; Sold Date: 08/05/2014. (Photos and broker comments courtesy of Aspen Real Estate Co.)

MLS #122607 – Aspen, Brush Creek Village single family home, 1766 Medicine Bow, Aspen, CO: Sold Price: $950,000/$267 sq ft unfurnished. More details below photos.

MLS #122607 – Aspen, Brush Creek Village single family home, 1766 Medicine Bow, Aspen, CO: Sold Price: $950,000/$267 sq ft unfurnished; Asking Price: $999,000. (Original Price: $2,695,000 and 2,277 days on the market since 05/01/2007.) One of the last recession casualties to finally go, and a buyer’s opportunity to be in Aspen School District in a livable home for under $1M. This is a 1978 built/2003 remodeled, 4 bedroom/3 bath/1 half bath, 3,550 sq ft single family home on an 87,120 sq ft lot. Broker comments are, “Aspen School District. Attractive owner financing. $250,000 down and owner will carry, motivated seller. A Brush Creek Gem. This 4 bedroom 3.5 bath home on 2 acres has expansive views including Aspen Mountain and Independence Pass. It ”lives well” with large deck, great indoor/outdoor entertaining spaces. large kitchen, charming eagle’s nest loft, 2 fire places, a studio apartment (4th bedroom with bath) and 3 car carport. Located in the Aspen School District and close to both Aspen and Snowmass. A paradise for the whole family including pets. Originally listed $2,295,000.” 2012 Taxes: $5,638; HOA Dues: $50 Yr. Under Contract Date: 06/25/2014; Sold Date: 08/07/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #130341 – Snowmass Village, Ridge Run single family home, 379 Maple Ridge Lane, Snowmass Village, CO: Sold Price: $1,475,000/$421 sq ft furnished. More details below photos.

MLS #130341 – Snowmass Village, Ridge Run single family home, 379 Maple Ridge Lane, Snowmass Village, CO: Sold Price: $1,475,000/$421 sq ft furnished; Asking Price: $1,775,000. (Original Price: $1,895,000 and 414 days on the market since 06/14/2013.) This is a 1983 built/2005 remodeled, 4 bedroom/3 bath/1 half bath, 3,498 sq ft single family home with 1 car garage on 0.83 acres. Broker comments are, ” Comfortable home located on beautifully landscaped Maple Ridge Lane in Snowmass Village. Winter views of Mt. Daly are accented by the great floor plan. Spacious master suite with steam shower and jacuzzi tub, including his and her’s vanity and dressing areas. Privacy and views without having to drive to the top of Faraway Road. Driveway is also snowmelted. In Aspen school district.” 2013 Taxes: $6,390; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/24/2014; Sold Date: 08/01/2014. (Photos and broker comments courtesy of Joshua & Co.)

MLS #134976 – Snowmass Village, Horse Ranch single family lot, 132 Bridle Path Lane, Snowmass Village, CO: Sold Price: $1,250,000. More details below photos.

MLS #134976 – Snowmass Village, Horse Ranch single family lot, 132 Bridle Path Lane, Snowmass Village, CO: Sold Price: $1,250,000; Asking Price: $1,295,000. (Original Price: $1,295,000 and 52 days on the market since 06/26/2014.) This is a 39,009 sq ft single family lot in the Horse Ranch subdivision. Broker comments are, “One of the best remaining undeveloped Horse Ranch sites is now available. Private cul de sac location, very secluded for Horse Ranch. 3500 square foot FAR, panoramic views of the Continental Divide, surrounding ski areas and distant mountains. Increase home size by implementing town’s excise tax or revised 2013 land use code. Soils test and design committee approved floor plans available for review ( ownership of house plans retained by Menendez Architects).” 2013 Taxes: $22,126; HOA Dues: $190 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 07/16/2014; Sold Date: 08/05/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

Tim Estin welcomes your business, inquiries and comments. Call him at 970.309.6163. Or email him from the Contact Page. Subscribe to The Estin Report and blog on twitter @EstinAspen by clicking “Join the conversation” button below or click one of the different subscription options in banner at the top of page:

Recent Estin Report tweets on Aspen Real Estate

{loadposition articlepos}

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 an active link to the source: “The Estin Report on Aspen real estate.”

_______________________________________