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Aspen Real Estate Market  Last Week’s Sales: March 27 – April 3, 22 – Week 13

The Q1 2022 & Mar 2022 Aspen Market Report Snapshot was posted  4/4/22 in the Estin Reports section.
The Q1 2022 Aspen Real Estate Market Historic Performance Charts Q1 2011 – Q1 2022 were posted in Estin Reports Charts Section

The Estin Report: H2 & YR 2021 Aspen Snowmass Real Estate Market Report  – was posted online 01/16/22 in the Estin Reports section.  The online report is covers the entire year Jan 1 – Dec 31, 2021;  the print edition made available for the Christmas-New Years Holiday Season covers Jan 1 – Dec 6, 21.  While the conclusions are the same, the data is different. See Aspen Times Jan 02, 2022 year end article on the market  The 32-page report compares year over year results and historical data from the past 10+ years. The print edition is available in brochure racks around town, at the airport and in front of Sotheby’s offices at 300 S. Spring #100 (my office) and 415 E. Hyman in the mall.

Blog Posted April 4, 2022 – Aspen CO real estate market activity, Week 13

Closed (13): MLS#s: 170420, 173382, 173303, 174246, 173796, 173776, 173398, 153856, 172519, 173762, 173284, 174086, 173586. This link is valid until 5/3/2022.

Under Contract/Pending (9): MLS#s: 173664, 170396, 173275, 173670, 172709, 174164, 174107, 174118, 174144. This link is valid until 5/3/2022.

Sold Properties Last Week:

MLS # 170420 – Fivetrees, West Aspen, 170 Falcon Road, Aspen, CO; Sold Price: $19,125,000/$2,129 sq ft; unfurnished. Sold Date: 03/29/2022. More details below photos.

MLS # 170420- Fivetrees, West Aspen, 170 Falcon Road, Aspen, CO; Sold Price: $19,125,000/$2,129 sq ft; unfurnished. Sold Date: 03/29/2022. Ask Price: $19,950,000. (Original Price: $16,995,000 and on the market since 06/10/2021). This is a 2005 built, 5 bedroom/5 bath/3 half-bath/1 3/4-bath, 8,983 sq ft single family home with 3 car garage on a 1.4 acres lot. Tim’s notes, “This property was originally listed in June 2021 at $16.99M. The sold price has appreciated 13% since then, and this is an example of the constantly escalating prices in today’s Aspen market.” Broker comments are “Located at the terminus of secluded Falcon Road in Five Trees, this ski in/ ski out, 5 bedroom, 9 bath estate embodies architectural artistry, Colorado majesty and ultimate privacy. This 8,983 SF home has interiors of thoughtful finishes, including dramatic stone fireplaces and archways, walls of windows framing mountain views, ash wood floors and soaring ceilings with wooden beam trusses, the home captures a Tuscan aesthetic with materials that are indigenous to Colorado, creating a magnificent synergy. A stand-out feature of the home on 1.4 acres is the stunning elevated outdoor patio complete with a cascading waterfall, oversized stone hearth, spa and northwestern views looking up the Roaring Fork Valley and west towards Baldy Peak and the Willow Creek Valley. Located off the great room and kitchen, the beautiful space welcomes large scale al fresco entertaining or intimate dinners and offers both sunny and shaded areas. Walls of glass flood the interiors with natural light and vistas of rugged peaks. The open floor plan segues seamlessly between the formal living room with its dramatic stone fireplace, the formal dining room that easily seats 12, and the chef’s kitchen. The kitchen features top-of-the-line appliances plus an oversized center island with stools for meals on the go as well as an alcove for informal family gatherings. The 5 en suite bedrooms serve as a haven for any family member or guest. The main level primary suite is an oasis of calm with mountain views, fireplace and a bathroom with a soaking tub and oversized shower. The other 4 bedrooms are spread throughout the home on various levels, lower two bedrooms have elevator service. The home is further appointed with a 1,000-plus-bottle stone wine cellar and tasting table, a glass alcove that currently houses a grand piano, a wet bar, a club room and an office with a private entrance. The lower walk-out level also features a bonus room that could be used for a kids playroom or workout room. The garage holds 3 cars and the driveway has a full snowmelt system, while the terraces are partially heated for easy access to the jacuzzi during the winter months.” 2020 taxes: $43,101. HOA Dues: $332. Under Contract Date: 02/27/2022; Sold Date: 03/29/2022. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass). 

MLS # 173382- Red Butte Subd, West Aspen, 1540 Silver King Drive, Aspen, CO; Sold Price: $6,650,000/$1,908 sq ft; unfurnished. Sold Date: 04/01/2022. More details below photos.

MLS # 173382- Red Butte Subd, West Aspen, 1540 Silver King Drive, Aspen, CO; Sold Price: $6,650,000/$1,908 sq ft; unfurnished. Sold Date: 04/01/2022. Ask Price: $6,795,000. (Original Price: $6,795,000 and on the market since 01/18/2022). This is a 2000 built, 3 bedroom/3 bath/1 half-bath, 3,484 sq ft duplex/half duplex home with 2 car garage on a 0.19 acres lot. Broker comments are “Located at base of Red Butte, 1540 Silver King Dr. combines proximity to downtown with ease of access to nearby hiking and biking trails, and the Aspen Golf Course with prime, south-facing mountain views including New York Peak, Aspen Mountain, Aspen Highlands and Pyramid Peak. Surrounding mature landscaping offers privacy from four patios. An expansive wrap around south and west facing walk-out patio is ideal for après ski gatherings. The open concept great room is centered around a custom stone gas fireplace and accented by reclaimed beams and truces. Timeless wide plank reclaimed white oak flooring is throughout the main level. The professional grade kitchen features an oversized Sub-Zero Refrigerator, dual ovens, 4-burner gas range with grill and griddle, grocery dumb waiter, and oversized island with under-counter wine storage and a second beverage sink. The spacious master suite is situated on the upper level with east and west facing balconies, gas fireplace, vaulted ceilings, and large walk-in closet with stackable washer/dryer and easy lock-off option. The luxurious master bath boasts steam shower with bench, jetted tub and dual vanities. An office located off of the master bedroom is a perfect library den, spin/yoga room or nursery. The lower level consists of two en suite bedrooms, family room, and walk-out side patio access with room for a hot tub. A main laundry area and mud room with abundant storage is accessed off of the 2-car garage with extra high ceiling. New DaVinci roof with heat tape and a snow melt drive make winter living easy.” 2022 taxes: $10,998. Under Contract Date: 01/18/2022; Sold Date: 04/01/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty). 

MLS # 173303- Shadowview, West End, 322 W Hopkins Avenue, Aspen, CO; Sold Price: $4,500,000/$2,786 sq ft; unfurnished. Sold Date: 04/01/2022. More details below photos.

MLS # 173303- Shadowview, West End, 322 W Hopkins Avenue, Aspen, CO; Sold Price: $4,500,000/$2,786 sq ft; unfurnished. Sold Date: 04/01/2022. Ask Price: $4,995,000. (Original Price: $5,650,000 and on the market since 01/11/2022). This is a 1975 built and 2021 remodeled, 3 bedroom/2 bath/1 half-bath, 1,615 sq ft condo. Broker comments are “This south facing unit has beautiful trees and views, a large private patio, carport, and huge windows. With close proximity to town and right on the Hopkins bike/pedway, the unit still feels quiet and secluded. This 3-bedroom, 2 full and 1 half bath home features a newly remodeled kitchen and bathrooms. The woodburning fireplace offers a true sense of comfort in the winter months. The large windows provide lots of natural light while the big evergreens provide shade and privacy. Perfect for a local or part-time resident.” 2020 taxes: $7,467. HOA Dues: $10,400. Under Contract Date: 02/19/2022; Sold Date: 04/01/2022. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass). 

MLS # 174246- Gant, Central Core, 610 S West End Street G204, Aspen, CO; Sold Price: $4,135,000/$3,072 sq ft; furnished. Sold Date: 03/30/2022. More details below photos.

MLS # 174246- Gant, Central Core, 610 S West End Street G204, Aspen, CO; Sold Price: $4,135,000/$3,072 sq ft; furnished. Sold Date: 03/30/2022. Ask Price: $4,250,000. (Original Price: $4,500,000 and on the market since 03/30/2022). This is a 1972 built and 2013 remodeled, 3 bedroom/3 bath, 1,346 sq ft condo with common car garage. Broker comments are “Sold before MLS. Three bedroom premier rated unit with views of Independence Pass and easy access to private upper pool area. Larger living area with an additional balcony and nice natural light coming in from the living room window. Great location in the G building with world class Gant amenities.” 2021 taxes: $6,559. HOA Dues: $35,225. Under Contract Date: 03/02/2022; Sold Date: 03/30/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty). 

MLS # 173796- Shadow Mountain Village, Central Core, 809 S Aspen Street 12, Aspen, CO; Sold Price: $2,895,000/$3,126 sq ft; partial furnished. Sold Date: 04/01/2022. More details below photos.

MLS # 173796- Shadow Mountain Village, Central Core, 809 S Aspen Street 12, Aspen, CO; Sold Price: $2,895,000/$3,126 sq ft; partial furnished. Sold Date: 04/01/2022. Ask Price: $2,895,000. (Original Price: $2,895,000 and on the market since 02/23/2022). This is a 1968 built and 2007 remodeled, 2 bedroom/2 bath, 926 sq ft condo. Broker comments are “Ski-In/ski-out of this fantastic downtown Aspen Condo adjacent to Lift 1-A! Big views only found in this complex! Vaulted ceiling, natural light, floating gas fireplace, open floor plan with living/kitchen/dining area and direct access to skiing make this unit extremely unique. Sellers have made multiple mechanical upgrades including a whole-house humidifier, tankless on-demand hot water heaters, O3 Waterworks Aqueous Ozone Laundry System, and LifeSource whole-house water filter. The exterior renovation to include new siding, new pool, grill decks, and stairways is scheduled for completion Spring/Summer 2023. Upcoming complex renovation includes new exterior siding, new pool, stairways infrastructure improvements. ” 2021 taxes: $4,388. HOA Dues: $18,032. Under Contract Date: 03/01/2022; Sold Date: 04/01/2022. (Photos and broker comments courtesy of Douglas Elliman Real Estate). 

MLS # 173776- Timber Ridge, Central Core, 100 E Dean Street 3D, Aspen, CO; Sold Price: $2,100,000/$2,386 sq ft; furnished. Sold Date: 03/31/2022. More details below photos.

MLS # 173776- Timber Ridge, Central Core, 100 E Dean Street 3D, Aspen, CO; Sold Price: $2,100,000/$2,386 sq ft; furnished. Sold Date: 03/31/2022. Ask Price: $2,200,000. (Original Price: $2,200,000 and on the market since 02/22/2022). This is a 1965 built, 2 bedroom/1 bath/1 half-bath, 880 sq ft condo. Broker comments are “Great South Facing 3rd Floor Unit at the foot of Shadow Mountain – Furnished-Fireplace-Full light sliding doors front & back – private balcony-exterior storage closet-walk to town, bus & lifts. Timber Ridge has just conducted a complete exterior remodel, including stairs,decks,siding & roof.” 2021 taxes: $2,796. HOA Dues: $6,152. Under Contract Date: 02/24/2022; Sold Date: 03/31/2022. (Photos and broker comments courtesy of Resort Management Services). 

MLS # 173398- Aspen Square, Central Core, 617 E Cooper Avenue 205, Aspen, CO; Sold Price: $1,500,000/$3,024 sq ft; furnished. Sold Date: 03/03/2022. More details below photos.

MLS # 173398- Aspen Square, Central Core, 617 E Cooper Avenue 205, Aspen, CO; Sold Price: $1,500,000/$3,024 sq ft; furnished. Sold Date: 03/03/2022. Ask Price: $1,500,000. (Original Price: $1,500,000 and on the market since 01/19/2022). This is a 1969 built and 2006 remodeled, 1 bath, 496 sq ft condo with common car garage. Broker comments are “The location, just 60 steps from the Aspen Mountain gondola, ensures that you’ll enjoy first tracks on epic powder days as well as being just a short walk to après-skiing, nightlife, restaurants, shopping and the Aspen Art Museum. This ideally located second-floor studio enjoys a cozy fireplace, views Smuggler Mountain, Hunter Creek Valley and Red Mountain, and offers a private balcony from which to sip your morning coffee or afternoon drinks. Unit 204, is also available creating a rare opportunity to own two adjacent units with a connecting door, allowing for the ultimate flexibility.” 2021 taxes: $2,346. HOA Dues: $19,996. Under Contract Date: 01/19/2022; Sold Date: 03/03/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty). 

MLS #153856- Brush Creek Village, Brush Creek Village, TBD Juniper Hill Drive, Aspen, CO; Vacant land for sale; Sold Price: $880,000. Sold Date: 03/10/2022. More details below photos.

MLS #153856- Brush Creek Village, Brush Creek Village, TBD Juniper Hill Drive, Aspen, CO; Vacant land for sale; Sold Price: $880,000. Sold Date: 03/10/2022. Ask Price: $850,000. (Original Price: $1,650,000 and on the market since 05/04/2018.) This is a single-family vacant lot. Broker comments are “Overlooking Cozy Point Ranch with panoramic mountain views and located in the Aspen School District, this unique 40 acre parcel offers an excellent opportunity to build your dream home. Graced with gentle topography and covered with sage and pinion in a wildlife habitat, there’s plenty of room in the easily accessible, 2.885 acre designated activity envelope. Located on the lower portion of Brush Creek Village with easy access to Aspen and Snowmass, this property is not in the subdivision and therefore not subject to covenants. Existing well. Previously proposed 29.8 acre conservation easement.” 2018 taxes. Under Contract Date: 12/08/2020; Sold Date: 03/10/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 172519- Wood Run Place, Snowmass Village, 425 Wood Road 41, Snowmass Village, CO; Sold Price: $2,500,000/$1,437 sq ft. Sold Date: 03/31/2022. More details below photos.

MLS # 172519- Wood Run Place, Snowmass Village, 425 Wood Road 41, Snowmass Village, CO; Sold Price: $2,500,000/$1,437 sq ft. Sold Date: 03/31/2022. Ask Price: $2,688,000. (Original Price: $2,688,000 and on the market since 10/25/2021). This is a 1983 built and 2014 remodeled, 3 bedroom/1 bath/1 half-bath/2 3/4-bath, 1,739 sq ft condo with assigned car garage. Broker comments are “Truly one of the best click-in/click-out experiences in Snowmass Village. This ground-floor corner unit has direct ski access to-and-from Fanny Hill and is right across Snowmass Village Mall. Situated on two levels (direct walk-in from each) with well-appointed finishes, spacious kitchen, Wolf/Subzero appliances, including additional pull-out refrigerator and freezer drawers, wet bar, wine fridge, whole-home audio system, open living room, and gas fireplace. The gorgeous master suite has a steam shower, fireplace, and direct walkout onto Fanny hill. The two additional bedroom suites have full ensuite bathrooms and beautiful built-ins. There is a rare and convenient half bath upon entering the upstairs right off the main living area, coupled with a private balcony ideal for grilling or watching the family ski bye. This 3-bedroom, well-appointed residence makes for ultimate luxury and comfort in classic yet modern mountain style. Woodrun Place boasts exceptional service and amenities, garaged private parking, a swimming pool, hot tub spa, and an onsite ski shop.” 2021 taxes: $4,128. HOA Dues: $35,000. Under Contract Date: 10/28/2021; Sold Date: 03/31/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty). 

MLS # 173762- Enclave, Snowmass Village, 360 Wood Road 207, Snowmass Village, CO; Sold Price: $2,500,000/$1,618 sq ft; furnished. Sold Date: 03/30/2022. More details below photos.

MLS # 173762- Enclave, Snowmass Village, 360 Wood Road 207, Snowmass Village, CO; Sold Price: $2,500,000/$1,618 sq ft; furnished. Sold Date: 03/30/2022. Ask Price: $2,600,000. (Original Price: $2,600,000 and on the market since 02/21/2022). This is a 1981 built and 2005 remodeled, 3 bedroom/3 bath, 1,545 sq ft condo. Broker comments are “One of best locations at The Enclave–at the ”point” with spectacular views up Elk Camp, across Assay Hill and down valley. Features include updated kitchen, baths, woodburning fireplace, steam shower in master, jetted tub in guest master, bunkroom for 6 kids, 1 assigned carport, and ski locker just downstairs for easy access to gondola or Assay Hill lift. Two balconies with south exposure are perfect for enjoying the sunshine and for watching beginning skiers/boarders and all their antics on the slope below. Excellent mgm on site w/ bellmen and shuttle buses.” 2021 taxes: $3,590. HOA Dues: $24,245. Under Contract Date: 02/28/2022; Sold Date: 03/30/2022. (Photos and broker comments courtesy of Compass SMV. 

MLS # 173284- Top of Village, Snowmass Village, 855 Carriage Way Trails 204, Snowmass Village, CO; Sold Price: $2,325,000/$1,603 sq ft; furnished. Sold Date: 03/31/2022. More details below photos.

MLS # 173284- Top of Village, Snowmass Village, 855 Carriage Way Trails 204, Snowmass Village, CO; Sold Price: $2,325,000/$1,603 sq ft; furnished. Sold Date: 03/31/2022. Ask Price: $2,200,000. (Original Price: $2,200,000 and on the market since 01/08/2022). This is a 1974 built and 2016 remodeled, 3 bedroom/3 bath, 1,450 sq ft condo. Broker comments are “One of the most premier and best located 3-bedroom residences at Top of the Village. The property is in the Trails building at TOV and has spectacular views over and up the ski run overlooking Dawdler/Fanny Hill. Beautifully renovated and stylishly furnished. Property is being offered turn-key minus Seller’s specified art work and personal items, which are excluded. The Top of the Village is professionally managed and its amenities include pool, hot tub, front desk, bell service and transportation to and from the Aspen airport plus throughout Snowmass Village while in residence. The condominium comes with a dedicated covered parking space in easy proximity to the elevator which takes you directly to the mid-level of the building.” 2020 taxes: $3,755. Under Contract Date: 01/14/2022; Sold Date: 03/31/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty). 

MLS # 174086- Chamonix, Snowmass Village, 476 Wood Road 40, Snowmass Village, CO; Sold Price: $1,700,000/$1,576 sq ft; furnished. Sold Date: 04/01/2022. More details below photos.

MLS # 174086- Chamonix, Snowmass Village, 476 Wood Road 40, Snowmass Village, CO; Sold Price: $1,700,000/$1,576 sq ft; furnished. Sold Date: 04/01/2022. Ask Price: $1,750,000. (Original Price: $1,750,000 and on the market since 03/17/2022). This is a 1985 built and 2011 remodeled, 2 bedroom/2 bath, 1,078 sq ft condo with assigned. Broker comments are “This gorgeous 2-bedroom/2-bath residence offers an open floor plan with an abundance of sunlight and excellent up mountain views. Watch the sunrise from your cozy living room and the sunsets from your private balcony. Additional features include granite counter tops in the kitchen and bathrooms, updated appliances, and wood -burning fireplace. The perfect place to unwind after spending the day on the slopes. Chamonix has direct ski access to the Gondola and Village Express Lift. Ski into the locker room, store your skis and boots in your private locker, and take the elevator up to your residence. Amenities include assigned underground parking, 2 large owner storage closets, heated pool, hot tub, and athletic facility.” 2021 taxes: $2,660. HOA Dues: $27,387. Under Contract Date: 03/19/2022; Sold Date: 04/01/2022. (Photos and broker comments courtesy of Slifer Smith & Frampton). 

MLS # 173586- Crestwood, Snowmass Village, 400 Wood Road G-1311, Snowmass Village, CO; Sold Price: $1,300,000/$1,400 sq ft; furnished. Sold Date: 03/31/2022. More details below photos.

MLS # 173586- Crestwood, Snowmass Village, 400 Wood Road G-1311, Snowmass Village, CO; Sold Price: $1,300,000/$1,400 sq ft; furnished. Sold Date: 03/31/2022. Ask Price: $1,345,000. (Original Price: $1,345,000 and on the market since 02/08/2022). This is a 1970 built and 2007 remodeled, 2 bedroom/2 bath, 928 sq ft duplex/half duplex home. Broker comments are “Perhaps the most desired location in the Crestwood, this top floor with vaulted ceilings condominium has perfect views over the ski run with distant panoramic down valley vistas. You can walk directly out your door onto the Snowmass Ski Area. The Crestwood amenities include heated pool, three hot tubs, ski storage and ski shop, front desk, concierge, bell service and private shuttle. It is the perfect property whether you wish to rent while not in residence or lock and go. Top end management and exceptional staff make this one of the premier locations anywhere in Snowmass Village.” 2021 taxes: $1,912. HOA Dues: $16,495. Under Contract Date: 02/13/2022; Sold Date: 03/31/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty). 

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