The Estin Estin report released March 2014 Market Snapshot of Aspen Snowmass Real Estate was released n April 2, 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 Mar 2014 Aspen Real Estate Market Snapshot pdf in Current Reports
Market Activity Week 16, Apr 13 – Apr 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 (9): MLS #s: 130077, 132959, 120277, 129947, 132732, 133009, 120136, 133843, 133480. This link is valid until 05/20/2014.
Under Contract / Pending (11): MLS #s:130427, 132454, 131426, 125776, 126143, 133040, 132684, 132994, 133773, 129493, 129593.This link is valid until 05/20/2014.
Aspen Snowmass Solds Last Week
MLS #130077 – Aspen, McLain Flats, Starwood single family home, 298 Johnson Drive, Aspen, CO: Sold Price: $6,000,000/$1,206 sq ft furnished. More details below photos.
MLS #130077 – Aspen, McLain Flats, Starwood single family home, 298 Johnson Drive, Aspen, CO: Sold Price: $6,000,000/$1,206 sq ft furnished; Asking Price: $7,500,000. (Original Price: $7,500,000 and 318 days on the market since 06/01/2013.) This is a 2002 built, 6 bedroom/7 bath/2 half bath, 4,975 sq ft single family home with 2 car garage on a 122,404 sq ft lot. Broker comments are, “This beautiful ”like new” quality home sits on a prime Starwood lot with privacy and unobstructed stunning views. From the moment you open the front door to see through the living room with towering ceilings to the outside infinity pool surrounded by huge stone patio and lush green lawn you are captured by the total beauty.The floor plan flows for family life and entertaining with a kitchen that invites the whole family to hang out. The master suite has a private deck, his & her bathroom and office and a sitting area with fireplace.” 2013 Taxes: $23,285; HOA Dues: $494 Yr. Under Contract Date: 03/16/2014; Sold Date: 04/15/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #132959 – Aspen, West Aspen, East Owl Creek single family home, 200 Chattan Lane, Aspen, CO: Sold Price: $5,750,000/$1,080 sq ft partially furnished. More details below photos.
MLS #132959 – Aspen, West Aspen, East Owl Creek single family home, 200 Chattan Lane, Aspen, CO: Sold Price: $5,750,000/$1,080 sq ft partially furnished; Asking Price: $6,350,000. (Original Price: 9,750,000 and 2,529 days on the market since 05/13/2007.) This is a 1991 built/2001 remodeled, 4 bedroom/4 bath/1 half bath, 5,320 sq ft single family home with 3 car garage on a 307,969 sq ft lot. Broker comments are, “On just over seven acres of gently rolling land, this one-of-a-kind, small estate captures breathtaking views from Hunter Creek to Snowmass and provides a beautiful, lightly treed, private setting, equal distance to Aspen and Snowmass. Build new or enjoy the already existing charming, Craftsmen style, 4 bedroom, 5 bath home that exudes a warm, inviting feel and provides Colorado comfort! Fabulous, rustic-style, eat-in kitchen with separate full size refrigerator and freezer, dining area for 8, and an open, bright living area with vaulted ceilings, wood-burning, stone fireplace, wood flooring, and multiple French doors that open to a landscaped patio area. Large master suite with walk-in closet, an office and fireplace, plus a heated three car garage for all of your toys.” 2013 Taxes: $15,445; HOA Dues: $4,000 Yr. Under Contract Date: 02/27/2014; Sold Date: 04/09/2014. (Photos and broker comments courtesy of Whitman Fine Properties.)
MLS #120277 – Aspen, Central Core, Black Swan Hall, 851 Ute Avenue Unit C, Aspen, CO: Sold Price: $2,955,000/$1,255 sq ft furnished. More details below photos.
MLS #120277 – Aspen, Central Core, Black Swan Hall, 851 Ute Avenue Unit C, Aspen, CO: Sold Price: $2,955,000/$1,255 sq ft furnished; Asking Price: $3,095,000. (Original Price: $3,595,000 and 1,123 days on the market since 03/25/2011.) This is a 1972 built/2011 remodeled, 3 bedroom/3 bath/1 half bath, 2,353 sq ft condo/townhome. Broker comments are, “A sought-after location just two blocks from the gondola, this Black Swan townhome offers three levels of in-town living, all above grade. Extending 2,353 square feet, the light filled home has two guest suites and an office on the entry level. Upstairs the open living space unveils views toward Aspen Mountain, vaulted ceilings, a wood-burning fireplace and a separate family room. The third level is a private master suite.” 2013 Taxes: $7,274; HOA Dues: $3,550. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/07/2014; Sold Date: 04/10/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #129947 – Aspen, Central Core, Black Swan Hall, 851 Ute Avenue #A, Aspen, CO: Sold Price: $4,400,000/$1,455 sq ft furnished. More details below photos.
MLS #129947 – Aspen, Central Core, Black Swan Hall, 851 Ute Avenue #A, Aspen, CO: Sold Price: $4,400,000/$1,455 sq ft furnished; Asking Price: $4,750,000. (Original Price: $4,950,000 and 327 days on the market since 05/22/2013.) This is a 1972 built/2013 remodeled, 4 bedroom/4 bath/1 half bath, 3,023 sq ft condo/townhome. Broker comments are, “The owners have struck the perfect chord between refinement and comfort in this beautiful remodel. With an eye for detail, this townhome was taken down to the studs and rebuilt with a focus on expert craftsmanship and finest custom materials. The location at the base of Aspen Mountain provides a quiet wooded location as well as the convenience of intown living. With more than 3,000 SF of living space, this 4 bedroom property distinguishes itself amongst the competition. A stand-out property at a stand-out price.” 2013 Taxes: $7,768; HOA Dues: $3,625 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/26/2014; Sold Date: 04/14/2014. (Photos and broker comments courtesy of Frias Properties.)
MLS #132732 – Aspen, West End, Christiana Aspen condo, 509 W. Main Street, Aspen, CO: Sold Price: $575,000/$1,352 sq ft furnished. More details below photos.
MLS #132732 – Aspen, West End, Christiana Aspen condo, 509 W. Main Street, Aspen, CO: Sold Price: $575,000/$1,352 sq ft furnished; Asking Price: $585,000. (Original Price: $585,000 and 82 days on the market since 01/27/2014.) This is a 2003 built, 1 bedroom/1 bath, 425 sq ft condo. Broker comments are, “Charming, furnished, 1 bed/1 bath adorable, luxury cabin with 425 sq. ft. of storage plus laundry room with utility sink and additional refrigerator/freezer. Completely rebuilt in 2003, finishes include granite countertops, wood floors, stainless & black appliances, upgraded bath, gas fireplace with stone surround and central A/C. Complex has a pool and hot tub, low HOA fees, no short term rental restrictions and is an easy walk to downtown Aspen or hop on the convenient free bus services steps away. Owners may have a dog. A unique alternative for your condo buyer who does not want to share walls.” 2013 Taxes: $1,515; HOA Dues: $350 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/05/2014; Sold Date: 04/16/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #133009 – Aspen, Central Core, Winfield Arms condo, 119 E. Cooper Street #25, Aspen, CO: Sold Price: $625,000/$1,341 sq ft furnished. More details below photos.
MLS #133009 – Aspen, Central Core, Winfield Arms condo, 119 E. Cooper Street #25, Aspen, CO: Sold Price: $625,000/$1,341 sq ft furnished; Asking Price: $650,000. (Original Price: $650,000 and 63 days on the market since 02/19/2014.) This is a 1969 built, 1 bedroom/1 bath, 466 sq ft condo with 1 car assigned garage space. Broker comments are, “Assigned garage space. 1 1/2 blocks from Wagner Park. Excellent downtown location. Top floor, end unit–no noise from above. Extra window to give more light. Zero maintenance living. Dues include all utilities, Wifi, and Cable. Pets allowed to owners. This building is one of the strongest in the Core in terms of being attractive, convenient and appreciating as an investment. A top choice for a Pied a Terre with excellent rental potential.” 2013 Taxes: $824; HOA Dues: $1,228 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/10/2014; Sold Date: 04/14/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #120136 – Old Snowmass, Hidden Meadows single family home, 5728 Snowmass Creek Road, Snowmass, CO: Sold Price: $3,350,000/$560 sq ft furnished. More details below photos.
MLS #120136 – Old Snowmass, Hidden Meadows single family home, 5728 Snowmass Creek Road, Snowmass, CO: Sold Price: $3,350,000/$560 sq ft furnished; Asking Price: $3,950,000. (Original Price: $5,500,000 and 1,763 days on the market since 06/18/2009.) This is a 1992 built, 5 bedroom/4 bath/1 half bath, 5,980 sq ft single family home with 4+ car garage on a 284,011 sq ft lot. Broker comments are, “This is the river frontage property that has it all; 5 bedrooms plus family room, views of the Snowmass Creek from virtually every room, abundant wildlife, impeccably maintained and mature landscape, separate barn structure which serves as professional woodshop and three additional garage bays (6 in total), guest quarters, amazing outdoor entertaining areas and plenty of acreage (6.52 to be exact). This property has a generator back-up.” 2013 Taxes: $22,228; HOA Dues: $5,000 Yr. Under Contract Date: 02/25/2014; Sold Date: 04/15/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #133843 – Snowmass Village, Wood Run single family home, 112 Forest Lane, Snowmass Village; Sold Price: $4,300,000/$1,124 sq ft partially furnished. More details below photo.
MLS #133843 – Snowmass Village, Wood Run single family home, 112 Forest Lane, Snowmass Village; Sold Price: $4,300,000/$1,124 sq ft partially furnished; Asking Price: $4,900,000. (Original Price: $5,900,000 and 431 days on the market since 07/27/2012.) This is a 1977 built/2002 remodeled, 5 bedroom/5 bath/1 half bath, 3,825 sq ft single family home with 2 car garage on a 22,376 sq ft lot. Broker comments, “Wonderful family ski house completely redone with the finest materials. Views of Alpine Springs and Snowmass Ski area, outdoor sunken hot tub, water feature with pond, snowmelt patio/decks/driveway. Bunk room with 6 built-in beds and a bath that consists of 2 sinks, 2 toilets, 2 showers. Second separate family room, large open living/dining/kitchen area, motorized drapes, humidification system.” 2013 Taxes: $12,105; Under Contract Date: 01/02/2014; Sold Date: 01/30/2014.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #133480 – Snowmass Village, Viceroy condo, 130 Wood road 535, Snowmass Village, CO: Sold Price: $487,350/$837 sq ft furnished. More details below photos.
MLS #133480 – Snowmass Village, Viceroy condo, 130 Wood road 535, Snowmass Village, CO: Sold Price: $487,350/$837 sq ft furnished; Asking Price: $513,000. (Original Price: $690,000 and 1,520 days on the market since 02/15/2010.) This is a 2010 built, 1 bedroom/1 bath, 582 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: $3,411; HOA Dues: $3,671 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/19/2014; Sold Date: 04/14/2014. (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 from contact page 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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