The Jan 2014 Monthly Snapshot full 8-page pdf was posted here Mon. 02/023/14. The Monthly Snapshots are released on or about the 1st Monday of each month on the blog and in Current Reports. The Q4 2013 and Year 2013 State of the Aspen Market report was released in Current Reports on Jan. 27, 2014.
Click image for full Jan. 2014 Market Snapshot pdf
Last week’s 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, information should be here.
Click charts above for Q4 2013 & Year 2013 State of the Aspen Market (released Jan. 26, 2014).
Last Week’s Market Activity: 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: 132411, 130249, 131866, 132266, 126896, 130034, 132662, 132663, 132780. This link is valid until 03/23/2014.
Under Contract / Pending (9): MLS #s: 121582, 131801, 132576, 132171, 128941/128943, 132387, 125983, 130110, 127796. This link is valid until 03/23/2014.
Aspen Snowmass Solds Last Week
MLS #130249 – Aspen, Red Mountain, Red Mountain Ranch single family home, 122 E. Reds Road, Aspen, CO: Sold Price: $7,500,000/$1,165 sq ft unfurnished. More details below photos.
MLS #130249 – Aspen, Red Mountain, Red Mountain Ranch single family home, 122 E. Reds Road, Aspen, CO: Sold Price: $7,500,000/$1,165 sq ft unfurnished; Asking Price: $9,955,000. (Original Price: $10,500,000 and 621 days on the market since 06/07/2012.) This is a 1981 built/2003 remodeled, 4 bedroom/ 3 bath/1 half bath, 6,434 sq ft single family home with 2 car garage on a 40,797 sq ft lot. Broker comments are, “Enjoy stunning direct views of Aspen Mountain as well as views of Independence Pass, Highlands, Buttermilk, Snowmass & beyond from this comfortable home in the Red Mountain Ranch subdivision. Features include 4 bedrooms, 3.5 baths, 6434 square feet, floor to ceiling windows, formal dining room, gourmet kitchen, wood & stone accents, wood-burning stone fireplace in the great room, vaulted ceilings, hardwood floors, partial A/C, enclosed terrace off the master suite, basketball court, two car garage, hot tub, spacious deck, fenced back yard, and access to a common horse pasture.” 2013 Taxes: $18,640; HOA Dues: $1,889 Yr. Under Contract Date: 02/03/2014; Sold Date: 02/18/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #126896 – Aspen, Central Core, Gant condo, 610 S. West End Street, Unit K-102, Aspen, CO: Sold Price: $820,000/$828 sq ft furnished. More details below photos.
MLS #126896 – Aspen, Central Core, Gant condo, 610 S. West End Street, Unit K-102, Aspen, CO: Sold Price: $820,000/$828 sq ft furnished; Asking Price: $899,000. (Original Price: $995,000 and 546 days on the market since 08/20/2012.) This is a 1972 built, 2 bedroom/2 bath, 990 sq ft condo. Broker comments are, “Great ground floor location with convenient access to Ute Avenue and a short walk to the Gondola. Wood burning fireplace, open layout and on-site management make this a perfect rental income generator.” 2013 Taxes: $2,086; HOA Dues: $21,992 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/03/2014; Sold Date: 02/17/2014. (Photos and broker comments courtesy of Aspen Associates Realty Group.)
MLS #131866 – Snowmass Village, Wood Run single family home, 20 Alpine Lane, Snowmass Village, CO: Sold Price: $3,000,000/$712 sq ft furnished. More details below photos.
MLS #131866 – Snowmass Village, Wood Run single family home, 20 Alpine Lane, Snowmass Village, CO: Sold Price: $3,000,000/$712 sq ft furnished; Asking Price: $3,495,000. (Original Price: $3,495,000 and 124 days on the market since 10/17/2013.) This is a 1974 built/2005 remodeled, 6 bedroom/5 bath, 4,211 sq ft single family home with 2 car garage on a 32,204 sq ft lot. Broker comments are, “Great Indirect Ski access home in Wood Run. The main house has five bedrooms and separate one bedroom Guest house on the property. A creek and water feature with two ponds, great views and ski access 100 yards away.” 2013 Taxes: $10,671; HOA Dues: $100 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/30/2013; Sold Date: 02/13/2014. (Photos and broker comments courtesy of Alpine Real Estate.)
MLS #132411 – Snowmass Village, Wood Run single family home, 109 Edgewood Lane, Snowmass Village, CO: Sold Price: $4,500,000/$1,024 sq ft unfurnished. More details below photos.
MLS #132411 – Snowmass Village, Wood Run single family home, 109 Edgewood Lane, Snowmass Village, CO: Sold Price: $4,500,000/$1,024 sq ft unfurnished; Asking Price: $4,900,000. (Original Price: $6,950,000 and 774 days on the market since 01/09/2012.) This is a 1981 built/2000 remodeled, 6 bedroom/5 bath/1 half bath, 4,392 sq ft single family home with 2 car garage on 31,154 square foot lot. Broker comments are, “Perfect ski access! This house sits right on Adams Ave. which makes our family ski day super easy and carefree. Mountain vista views, open living, dining, and kitchen area. This home accommodates everyone! It has a large flat back yard with a hot tub, spacious patios and mature trees.” 2013 Taxes: $21,414. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/30/2013; Sold Date: 02/21/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #132266 – Snowmass Village, Meadow Ranch condo, 154 Meadow Ranch, Snowmass Village, CO: Sold Price: $645,000/$521 sq ft unfurnished. More details below photos.
MLS #132266 – Snowmass Village, Meadow Ranch condo, 154 Meadow Ranch, Snowmass Village, CO: Sold Price: $645,000/$521 sq ft unfurnished; Asking Price: $665,000. (Original Price: $665,000 and 71 days on the market since 12/02/2013.) This is a 1976 built/2006 remodeled, 2 bedroom/2 bath, 1,238 sq ft condo. Broker comments are, “Priced to sell quickly! This two bedroom, two bathroom condo is located in the quiet part of Meadow Ranch neighborhood. The unit was remodeled down to the studs in 2006 which opened up the main floor, added a full bathroom, and a separate laundry room. The kitchen has all top of the line appliances and marble counter tops. You can sit on the couch or cook a great meal with the fire crackling and the surround sound playing your favorite movie. From the master bedroom you can lay in bed and look straight at Snowmass Mountain and Mount Daly, there’s no better way to plan out your ski day then from your cozy bed. The master bath has heated floors and double sinks. 1 dog allowed for both owners and renters which makes this condo a great 1st home, vacation home, or rental investment.” 2013 Taxes: $2,152; HOA Dues: $1,473 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/18/2013; Sold Date: 02/10/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #130034 – Snowmass Village, Sinclair Meadows single family lot, 350 Gambel Way, Snomwass Village, CO: Sold Price: $925,000. More details below photos.
MLS #130034 – Snowmass Village, Sinclair Meadows single family lot, 350 Gambel Way, Snomwass Village, CO: Sold Price: $925,000; Asking Price: $995,000. (Original Price: $945,000 and 265 days on the market since 05/29/2013.) Broker comments are, “Sinclair Meadows Lot 1 is perhaps the most privately located homesite in the neighborhood. Located at the very end of the private cul-de-sac on Gambel Way, this property backs up to beautiful groves of Aspen trees and affords unobstructed views of the Snowmass Golf Course, Wildcat Ridge, Horse Ranch and the distant mountain range. The generous FAR on this parcel allows for 3,072 square feet of FAR, plus your 700 sq. ft. garage.” 2013 Taxes: $8,604; HOA Dues: $2,700 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/14/2014; Sold Date: 02/18/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #132662 – Snowmass Village, Viceroy condo, 130 Wood Road 235, Snowmass Village, CO: Sold Price: $379,050/$700 sq ft furnished. More details below photos.
MLS #132662 – Snowmass Village, Viceroy condo, 130 Wood Road 235, Snowmass Village, CO: Sold Price: $379,050/$700 sq ft furnished; Asking Price: $399,000. (Original Price: $399,000 and 79 days on the market since 01/20/2014.) This is a 2010 built, 1 bedroom/1 bath, 541 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: $3,013; HOA Dues: $3,412 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/20/2014; Sold Date: 02/14/2014. (Photos and broker comments courtesy of Snowmass Acquisition Company LLC.)
MLS #132663 – Snowmass Village, Viceroy condo, 130 Wood Road 237, Snowmass Village, CO: Sold Price: $379,050/$700 sq ft furnished; Asking Price: $399,000. (Original Price: $399,000 and 79 days on the market since 01/20/2014.) This is a 2010 built, 1 bedroom/1 bath, 541 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: $3,013; HOA Dues: $3,412 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/20/2014; Sold Date: 02/14/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #132780 – Snowmass Village, Viceroy condo, 130 Wood Road 238, Snowmass Village, CO: Sold Price: $390,450/$715 sq ft furnished; Asking Price: $411,000. (Original Price: $411,000 and 21 days on the market since 01/30/2014.) This is a 2010 built, 1 bedroom/1 bath, 546 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: $3,040; HOA Dues: $3,444. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/29/2013; Sold Date: 02/20/2014. (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 at 970.309-6163 or Email him. 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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