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 October 2014 Aspen Market Snapshot was released on Nov. 4, 2014 in current reports.
The Estin Report: Preliminary Q3 and YTD 2014 State of the Aspen Snowmass Market tables and charts showing select data have been posted in Current Reports. The full report will be released on Nov. 5 – 6th.
Market Activity Week 43, Oct 26 – Nov 2, 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.
Of note, pre-construction reservations for the (14) OneAspen Townhomes at the base of Aspen Mountain’s Lift 1A continue: 8 of the 14 total units for sale are now reserved requiring $250,000 down. For more information, please contact Tim directly at970.309.6163.
Closed (9): MLS #s: 129093, 135618, 134490, 134744, 130458, 131593, 130718, 132407, 134740, 134264. This link is valid until 12/02/2014.
Under Contract / Pending (9): MLS #s: 132161, 131963, 136403, 130482, 132884, 135679, 129922, 134210, 136385 This link is valid until 12/02/2014.
Aspen Snowmass Solds Last Week:
MLS #129093 – Aspen, Central Core, Aspen Alps Condominiums, 700 Ute Avenue 506, Aspen, CO: Sold Price: $3,200,000/$2,022 sq ft furnished. More details below photos.
MLS #129093 – Aspen, Central Core, Aspen Alps condominiums, 700 Ute Avenue 506, Aspen, CO: Sold Price: $3,200,000/$2,022 sq ft furnished; Asking Price: $3,340,000. (Original Price: $3,950,000 and 590 days on the market since 03/20/2013.) Aspen Alps condos for Sale. This is a 1963 built/2008 remodeled, 3 bedroom/3 bath, 1,582 sq ft condo with 1 car garage. Broker comments are, “Unparalleled slopeside ski-in/out Aspen location. Featured in House Beautiful Magazine, February 2011 issue. This unit was completely remodeled by Core Home Interiors and is being sold fully furnished. The windows have been elevated to the height of the vaulted ceilings throughout the upper level, allowing more natural light and amazing views of Aspen Mountain and Red Mountain. Enjoy apres-ski from any of the private decks. Three full bedrooms and baths, plus a small loft area over the living room. Sale includes a one car garage space in the underground parking facility. Enjoy all of the amenities of the Aspen Alps.” 2013 Taxes: $4,424; HOA Dues: $1,826 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/25/2014; Sold Date: 10/30/2014. (Photos and broker comments courtesy of Laura Maggos Properties.)
MLS #135618 – Aspen, West End, Shadowview condo, 324 W. Hopkins Avenue, Unit B, Aspen, CO: Sold Price: $1,850,000/$1,145 sq ft furnished. More details below photos.
MLS #135618 – Aspen, West End, Shadowview condo, 324 W. Hopkins Avneue, Unit B, Aspen, CO: Sold Price: $1,850,000/$1,145 sq ft furnished; Asking Price: $1,995,000. (Original Price: $1,995,000 and 84 days on the market since 08/04/2014.) This is a 1975 built/1998 remodeled, 2 bedroom/2 bath/1 half bath, 1,615 sq ft condo with 1 car garage. The unit is ripe for re-development remodel, possibly turning it back into its original 3-bredroom layout. A lot of potential and fantastic location. Broker comments are, ” Located just 5 blocks from the Wheeler Opera House on the designated West End “bike path” is this charming, quiet, three level townhome with many wonderful attributes. Features include 2 bedrooms, 2.5 baths, 1,615 square feet, high volume ceilings, tons of storage, wood-burning fireplace, air conditioning in the master bedroom, lot of sun, carport for one car, new roof in 2014, and a private courtyard.” 2014 Taxes: $3,966; HOA Dues: $1,612 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/10/2014; Sold Date: 10/27/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #134490 – Aspen, Central Core, Queen Victoria condo, 916 E. Hopkins Avenue 103, Aspen, CO: Sold Price: $1,520,000/$1,461 sq ft unfurnished. More details below photos.
MLS #134490 – Aspen, Central Core, Queen Victoria condo, 916 E. Hopkins Avenue 103, Aspen, CO: Sold Price: $1,520,000/$1,461 sq ft unfurnished; Asking Price: $1,695,000. (Original Price: $1,785,000 and 158 days on the market since 06/03/2014.) This is a 1972 built/2014 remodeled, 3 bedroom/2 bath, 1,040 sq ft condo. Nice remodel flip job. Seller purchased the unit for $1M/$961 sq ft on 08/08/13. Broker comments are, “A fresh new opportunity to enjoy Aspen – completed in 2014 this custom contemporary three-bed, two-bath 1,040 sq. ft. condominium is exceptional. Overlooking the Roaring Fork River, Smuggler and Red Mountains, this luxury unit in the downtown core offers a quiet, private retreat.” 2013 Taxes: $2,466; HOA Dues: $1,575 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/13/2014; Sold Price: $10/28/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #134744 – Aspen, Central Core, South Point condo, 205 E. Dean Street 1d, Aspen, CO: Sold Price: $1,375,000/$1,403 sq ft unfurnished. More details below photos.
MLS #134744 – Aspen, Central Core, South Point condo, 205 E. Dean Street 1d, Aspen, CO: Sold Price: $1,375,000/$1,403 sq ft unfurnished; Asking Price: $1,495,000. (Original Price: $1,595,000 and 141 days on the market since 06/16/2014.) This is a 1967 built/2011 remodeled, 2 bedroom/2 bath, 980 sq ft condo. Broker comments are, “Remodeled ski-in condo in the heart of downtown Aspen. Park your car in the underground garage and walk everywhere. Features include granite counters, hardwood floors, crown molding, built-in wine storage, Jacuzzi tub, and gas fireplace. Front-row, south-facing views of Aspen Mountain. Low association dues, taxes, and plenty of storage make for easy living. Grab your skis in the ski locker room, walk 2 blocks to lift 1-A or 3 blocks to the Gondola, and then ski home at the end of the day. Prime rental location.” 2013 Taxes: $2,400; HOA Dues: $4,682. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/12/2014; Sold Date: 10/29/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #130458 – Aspen, Central Core, Gant condo, 610 S. West End Street K203, Aspen, CO: Sold Price: $700,000/$958 sq ft furnished. More details below photos.
MLS #130458 – Aspen, Central Core, Gant condo, 610 S. West End Street K203, Aspen, CO: Sold Price: $700,000/$958 sq ft furnished; Asking Price: $725,000. (Original Price: $870,000 and 864 days on the market since 05/24/2012.) This is a 1972 built/2009 remodeled, 1 bedroom/1 bath, 730 sq ft condo. Broker comments are, “Great one bedroom at The Gant with excellent rental history. Deluxe rated unit near the lower pool, front office and tennis courts. Just a short walk to the Aspen Club, local trails, and the Gondola. The very best resort property in town with two pools, hot tubs, gym, sauna, and hard/clay tennis courts. Convenient shuttle service to the airport and around town. Onsite management.” 2012 Taxes: $2,433; HOA dues: $17,746 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/01/2014; Sold Date: 10/31/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #131583 – Aspen, Smuggler, Smuggler Park single family home, 309 Oak Lane, Aspen, CO: Sold Price: $625,000/$465 sq ft unfurnished. More details below photos.
MLS #131583 – Aspen, Smuggler, Smuggler Park single family home, 309 Oak Lane, Aspen, CO: Sold Price: $625,000/$465 sq ft unfurnished; Asking Price: $675,000. (Original Price: $675,000 and 407 days on the market since 09/18/2013.) This is a 1981, 3 bedroom/2 bath, 1,344 sq ft HUD single family home on a 2,956 sq ft lot. Broker comments are, ” Location, location, location. Clean, move-in ready home with Aspen Mountain views. Located in the Aspen public school system, this family home is only a 10 minute walk to the gondola steps. It is on a corner lot,has a wood-burning fireplace and a dog friendly backyard. This home is near Smuggler Mountain and is on a bus stop,which provides free year round service. Great opportunity to own property in Aspen.” 2013 Taxes: $1,176; HOA Dues: $175 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/01/2014; Sold Date: 10/29/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #130718 – Aspen, Red Mountain, Pitkin Green single family lot, 972 Willoughby Way, Aspen, CO: Sold Price: $7,000,000. More details below photos.
MLS #130718 – Aspen, Red Mountain, Pitkin Green single family lot, 972 Willoughby Way, Aspen, CO: Sold Price: $7,000,000; Asking Price: $7,500,000. (Original Price: $7,500,000 and 477 days on the market since 07/08/2013.) This is a 68,3898 sq ft single family lot in the Pitkin Green subdivision on Red Mountain. Broker comments are, “Located in the prestigious Pitkin Green subdivision on Red Mountain, this 1.57 acre lot features fantastic views of all four ski mountains as well as the Maroon Bells & Independence Pass, end of the road privacy, mature trees, gentle topography, and all day sun. Utilizing TDR’s, the development potential for a single family home is over 13,000 square feet (per analysis by Charles Cunniffe Architects). Build your dream home overlooking downtown Aspen. 2012 Taxes: $45,378; HOA Dues: $615 Qtr. Under Contract Date: 09/05/2014; Sold Date: $10/28/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #132407 – Aspen, East Aspen, Knollwood single family lot, 39 Roaring Fork Drive, Aspen, CO: Sold Price: $1,600,000. More details below photos.
MLS #132407 – Aspen, East Aspen, Knollwood single family lot, 39 Roaring Fork Drive, Aspen, CO: Sold Price: $1,600,000; Asking Price: $2,199,000. (Original Price: $2,495,000 and 351 days on the market since 12/17/2013.) This is an 18,579 sq ft single family lot with a teardown home in the Knollwood subdivision. Broker comments are, “Well priced opportunity to design-build a dream home less than 1 mile to downtown Aspen. In the Aspen school system, adjacent to East of Aspen Trail and on the quaint Dial-A-Ride free shuttle system. Aspen Mtn and Ute Chute views.” 2013 Taxes: $6,921. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/20/2014; Sold Date: 10/29/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)
MLS #134740 – Old Snowmass, Lazy O Ranch single family lot, TBD Lazy O, Snowmass, CO: Sold Price: $1,060,000. More details below photos.
MLS #134740 – Old Snowmass, Lazy O Ranch single family lot, TBD Lazy O, Snowmass, CO: Sold Price: $1,060,000; Asking Price: $1,200,000. (Original Price: $1,425,000 and 133 days on the market since 06/16/2014.) This is a 179,031 sq ft single family lot in the Lazy O Ranch subdivision. Broker comments are, “This is the undisputed best parcel in Lazy O Ranch. Only 1 of 2 parcels in the ranch which front hundreds of acres of deeded open space. 360 degree views, the most prominent being that of Mt. Sopris and the lake. The ranch is extremely private with just 22 total parcels. Ranch amenities include private tennis courts, barn and stables for horses and an on-site ranch manager. Lazy O is a working ranch with grazing cattle and haying operations. There is no more peaceful, serene setting than this, yet you are just 20 minutes to Aspen, 15 minutes to the Airport and 10 minutes to the world-renowned Roaring Fork Golf and Fishing Club.” 2013 Taxes: $2; HOA Dues: $16,000 Yr. Under Contract Date: 10/01/2014; Sold Date: 10/27/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #134264 – Aspen, East Aspen, 44190 Highway 82, Aspen, CO: Sold Price: $7,800,000/$1,435 sq ft. More details below photos.
MLS #134264 – Aspen, East Aspen, 44190 Highway 82 or Hwy 82, Aspen, CO: Sold Price: $7,800,000/$1,435 sq ft; Asking Price: $8,750,000. (Original Price: $10,900,000 and 950 days on the market since 05/17/2011.) This is a 1986 built, 4 bedroom/3 bath/1 half bath, 5,435 sq ft single family home with 3 car garage on an 87,120 sq ft lot surrounded on 3 sides by the 310 acre North Star Preserve. This sale took place at the end of July 2014 and the property had been withdrawn from the MLS. It is considered an off market sale, but is a useful neighborhood comparable. Broker comments are, “Built w/hand-hewn logs from Aspen Mt & situated on 2+ private fenced acres overlooking a stocked Trout pond w/grandfathered water rights & lush Elk meadows. This beautiful East Aspen Estate has 4 bedrooms, 3.5 baths & a Vault. It’s just minutes from downtown Aspen toward Independence Pass near the North Star Preserve. The Estate is an ideal setting for the outdoor enthusiast & benefits greatly from the peace & quiet of Indy Pass being closed a substantial portion of the year. Oversized decks, patios & heated 3-car garage. Private road access w/extensive parking and naturally heated driveway that requires minimum plowing. Perfect location offers scenic Roaring Fork River views and dramatic mountain vistas of Richmond Ridge and up the Pass. This paradise property really is a dream come true.” 2013 Taxes: $17,521. Under Contract Date: 6/16/2014; Sold Date: 07/30/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
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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 an active link to the source: “The Estin Report on Aspen real estate.”
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