The Estin Report: The 4th Quarter and Year 2014 State of the Aspen Real Estate Market was released online Feb 7th inCurrent Reports.The print edition is available in racks around town and at Sotheby’s offices at 415 Hyman St Mall and 300 Spring Street (my office) opposite the new Aspen Art Museum.

The Estin Report: Feb 2015 Aspen Snowmass Market Snapshot was released early Mar 2, 2015 inCurrent Reports

See recent Before/After redevelopment ‘flip job’ examplesin prior 02/01/15 post. These are properties that have been recently or are currently being redeveloped for re-sale. This postis being updated as additional re-sale properties come on the market at significantly higher prices.

Last week’s Aspen and Snowmass sales activity appears below. Scroll down the page for photos and details of weekly sales 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 to 2008. Or useSearchEstinAspenin the menu bar to search by topic, address, subdivision, complex, date, etc. If it’s about Aspen, the information should be here.

Market Activity Week 9, Feb 22 – March 1, 2015

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 (6):MLS #”s:137779,127633,130450,131255,134392,135772,136495. This link is valid until 03/30/2015.

Under Contract/Pending (8):MLS#’s:137250,137550,137670,124944,127595,132500,133278,134310. This link is valid until 03/30/2015.

Aspen Snowmass Solds Last Week:

MLS #136495 – West Aspen, 312 W Hopkins Avenue, Aspen, CO: Sold Price: $5,750,000/$1,763 sq ft; unfurnished. More details below photos.

MLS #136495 – West Aspen, 312 W Hopkins Avenue, Aspen, CO: Sold Price: $5,750,000/$1,763 sq ft; unfurnished;Asking Price: $5,995,000. (Original Price: $5,995,000 and 139 days on the market since 10/10/2014.) This is a 1975 built and 2014 remodeled, 3 bedroom/3 bath/2 half-bath, 3,260 sq ft single family home with 1 car garage. Broker comments are “Completely renovated and redesigned this home is located in the heart of Aspen within walking distance to everything! Bask in the comfort of your beautifully designed home with an open living, dining, and kitchen with Wolf microwave and oven, Bertazoni cooktop, Thermador refrigerator, and U-line wine cooler. The master suite features a dressing room fit for a queen, steam tub and shower and office with a view. The two guest suites are spacious and comfortable. Enjoy the walk-in wine cooler downstairs which will accommodate your finest wines. There is plenty of room for everyone to spread out in the media room. Don’t miss this masterpiece. This is a single family home that is part of a two unit single family detached condominium subdivision in the R6 zone district.” 2014 Taxes: $1,591. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/05/2015; Sold Date: 02/26/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Snowmass Village)

MLS #130450 – Shadow Mountain Village, Central Aspen, 809 S Aspen Street #5 & #6, Aspen, CO: Sold Price: $2,275,000/$1,157 sq ft; unfurnished. More details below photos.

MLS #130450 – Shadow Mountain Village, Central Aspen, 809 S Aspen Street #5 & #6, Aspen, CO: Sold Price: $2,275,000/$1,157 sq ft; unfurnished;Asking Price: $2,495,000. (Original Price: $2,699,000 and 604 days on the market since 06/24/2013.) This is a 1968 built and 2010 remodeled, 3 bedroom/3 bath/1 3/4-bath, 1,965 sq ft condo. Broker comments are “The premier slopeside condo on Aspen Mountain. Click in/out of your skis. Amazing hiking and biking right outside your door. The only double unit in the complex. Fantastic views of Aspen, Red Mtn, and Hunter Creek Valley. Heated pool and great amenities.” 2012 Taxes: $4,793; HOA Dues: $7,438. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/26/2014; Sold Date: 02/20/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)

MLS #131255 – Mtn Valley, East Aspen, 0018 E Lupine Drive, Aspen, CO: Sold Price: $1,850,000/$587 sq ft; furnished. This is a teardown, vacant lot sale. More details below photos.

MLS #131255 – Mtn Valley, East Aspen, 0018 E Lupine Drive, Aspen, CO: Sold Price: $1,850,000/$587 sq ft; furnished; This is a teardown, vacant lot sale. Asking Price: $2,400,000. (Original Price: $2,700,000 and 532 days on the market since 08/16/2013.) This is a 1976 built and 1981 remodeled, 5 bedroom/3 bath/1 half-bath/1 3/4-bath, 3,150 sq ft single family home with 3 car garage on a 19,812 sq ft lot. Broker comments are “This a wonder family home on a great lot with lots of privacy and lawn area for children (or adults) to play. So Close To Town. 5 Bedrooms / 3.5 Baths / 3 car Garage with extra storage. 1 Bedroom Apt with fireplace all above grade(ground). Could be rented $1800 per month. Empty now. Outdoor parking for 8 cars. Free Shuttle every 30 min. Just a few min to Gondola, Downtown Aspen. Truly Stunning are the Surrounding peaks in the famed town of Aspen is this Large Family Home with Grounds, Decks, & Sauna envelops this Alpine Treasure. 5 Bedrooms / 3.5 Baths / 3 Car Garage. Build Your Dream Home or Move Right In!” 2013 Taxes: $4,554. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/19/2015; Sold Date: 02/05/2015. (Photos and broker comments courtesy of Steadman & Company Real Estate)

MLS #135772 – Christiana Aspen, West End, 501 W Main Street A103, Aspen, CO: Sold Price: $600,000/$1,247 sq ft; furnished. More details below photos.

MLS #135772 – Christiana Aspen, West End, 501 W Main Street A103, Aspen, CO: Sold Price: $600,000/$1,247 sq ft; furnished;Asking Price: $625,000. (Original Price: $625,000 and 192 days on the market since 08/15/2014.) This is a 2003 built, 1 bedroom/1 bath, 481 sq ft condo. Broker comments are “This adorable and efficient one-bedroom condominium has everything you need: attractive, high-end finishes, A/C, generous storage, a lovely outdoor pool and hot tub, and a perfect location within a few blocks of downtown (on the Hopkins Pedestrian Path) – but just far enough removed to offer peace and privacy. Surrounded by mature trees, lovely landscaping and a stream, and offering super convenient ”no stairs” access from the parking area to the property, this is an ideal home away from home. Perfectly furnished.” 2014 Taxes: $1,360; HOA Dues: $366. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/22/2015; Sold Date: 02/23/2015. (Photos and broker comments courtesy of BJ Adams and Company – Aspen)

MLS #127633 – Alpine Grove, West Aspen, 418 Pacific Avenue Unit 418 D, Aspen, CO: Sold Price: $385,000/$509 sq ft; unfurnished. More details below photos.

MLS #127633 – Alpine Grove, West Aspen, 418 Pacific Avenue Unit 418 D, Aspen, CO: Sold Price: $385,000/$509 sq ft; unfurnished;Asking Price: $385,000. (Original Price: $469,000 and 821 days on the market since 10/26/2012.) This is a 1973 built, 2 bedroom/1 bath, 755 sq ft condo. Broker comments are “Enjoy the splendid mountain views from the deck of this top floor unit. Quiet location. Very convenient to grocery, restaurants, and only 5 minutes to downtown Aspen. Stainless steel appliances, in unit washer/dryer, extra storage in basement, assigned parking, complex has pool & hot tub. Makes a great 1st home or investment. Pets allowed for owners and renters. Exclusions: tenants personal belongings.” 2014 Taxes: $703; HOA Dues: $1,230. Under Contract Date: 08/27/2014; Sold Date: 02/23/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Basalt)

MLS #134392 – Viceroy, Snowmass, 130 Wood Road 308, Snowmass Village, CO: Sold Price: $1,150,000/$755 sq ft; furnished. More details below photos.

MLS #134392 – Viceroy, Snowmass, 130 Wood Road 308, Snowmass Village, CO: Sold Price: $1,150,000/$755 sq ft; furnished;Asking Price: $1,258,000. (Original Price: $1,258,000 and 455 days on the market since 11/27/2013.) This is a 2 bedroom/3 bath, 1,522 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.” 2014 Taxes: $8,475; HOA Dues: $9,601. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/28/2014; Sold Date: 02/25/2015.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Snowmass Village)

No Photos in MLS for this Fox Run PUDSingle Family Vacant Lot.

MLS #137779 – Single Family Vacant Lot, Fox Run PUD, Snowmass, 919 Fox Run, Snowmass Village, CO: Sold Price: $1,450,000;Asking Price: $1,450,000. (Original Price: $1,450,000 and 33 days on the market since 01/22/2015.) This is a 37,352 sq ft single family lot in Snowmass. No broker comments. 2014 Taxes:$15,551; HOA Dues: TBD. Under Contract Date: 01/26/2015; Sold Date: 02/24/2015.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)

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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 at970.309.6163or byemail.The Estin Report is copyrighted 2015 and all rights reserved. Use is permitted subject to the following attribution with a live link to the source:“TheEstin Reporton Aspen Real Estate.”

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