MLS #131255 – Mountain Valley Subdivision, East Aspen, 18 E Lupine Drive, Aspen, CO: Sold Date: 02/05/2015; Sold Price: $1,850,000/$587 sq ft; furnished. More details below photos.

MLS #131255 – Mountain Valley Subdivision, East Aspen, 0018 E Lupine Drive, Aspen, CO: Sold Date: 02/05/2015; Sold Price: $1,850,000/$587 sq ft; furnished. Aspen home for sale. Ask 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 wonderful family home on a great lot with lots of privacy and lawn area for children (or adults) to play. Approx. 1 mile into 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. Outdoor parking for 8 cars. Free Shuttle every 30 min just across the street. Just a few min to Gondola, Downtown Aspen.” 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)

After

On 01/28/19 listed for sale at $4.95M/$1,687 Sq Ft – Aspen Homes for Sale

MLS #157668 – Mountain Valley, East Aspen, 18 E Lupine Drive, Aspen, CO. More details below photos.

MLS #157668 – Mountain Valley, East Aspen, 18 E Lupine Drive, Aspen, CO. Aspen home for sale. Ask Price: $4,900,000/$1,687 sq ft. (Original Price: $4,900,000 and on the market since 01/28/2019.) This is a 1976 built and 2018 remodeled, 6 bedroom/5 bath, 2,935 sq ft single family home with 3 car garage on a 19,812 sq ft lot. Tim’s notes: Since 2015, there has been increased sales activity along the Hwy 82 corridor east of town to the Mountain Valley subdivision. During the recession and shortly after, there were value opportunities (and risks) to pick up lower priced land or older residential properties along this corridor that were discounted due to the perceived negative ‘road impacts’. But as new or like-new product was built and then sold successfully along this main highway thoroughfare, the perceived negatives of roadside living have largely dissipated in favor of the positives – closeness to town, direct access to a bus/shuttle line and walk/hike proximity of the East Aspen Trail into or out of town. The road becomes background white noise (“city living”) and, over-time, inconsequential to the property owner. In a similar way, property sales on Main Street Aspen have picked up with the former objections of living on a busy street being replaced by the positives of convenience, walkability and closeness to public transportation. Broker comments are “Just finished interior renovation for a fresh and vibrant look. Almost everything is new with an upgraded kitchen, refined living spaces and desirable contemporary finishes throughout. Close to town in Mountain Valley on Aspen’s east side, the location makes for a great family home on a large corner lot with privacy and abundant lawn area. Leave the car in the generous three car garage and make your way into town on the bus or bike path just across the street. The lower level incorporates a guest suite with private entrance, living area, bedroom and full bath along with an efficiency kitchen (no stove) for that independent guest or caretaker. With five above grade bedrooms, the house is light and bright, and with a private rooftop deck and welcoming outdoor spaces rounding out the amenities, the near east side might be just the place you seek.” 2019 taxes: $5,238. Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)