Aspen Real Estate Market  Last Week’s Sales: Jun 28 – Jul 5, 2020 – Week 26

Closed (7) + Under Contract / Pending (25).  [To view the new blog post, you may have to “Clear your Browser Settings”. Go to: Chrome browser/more tools/clear browsing data.]  

07/06/20 Bottom Line: Another another huge week of sales activity. The energy in the marketplace is palpable and moving quickly. (25) more properties went under contract last week:  (9) of these are over $10M ask price and  (5) of these are over $20M ! Buyers seem to be resolute in an Aspen area purchase, unwilling to procrastinate or postpone a life-long desire to buy here amidst a Covid 19 and urban violence backdrop. If you are considering a property, act promptly as multiple offers are becoming more frequent and inventory of quality properties fast diminishing.

06/29/20 Bottom Line: Sales continue to erupt…See bottom line and post.

06/22/20 Bottom Line:  Sales are surging across the board in all categories. The opening of Covid-19 restrictions has unleashed a wave of pent-up demand…See bottom line and post.

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Blog Post: Jun 28 – Jul 5, 2020 Aspen CO real estate market activity, Week 26

Closed (7):  These properties went under contract end of April and early May.  MLS#s: 155947, 160053, 162274, 162714, 163579, 164370, 164555.  This link is valid until 8/4/2020.

Under Contract/Pending (25): MLS#s: 161146, 161231, 164860, 140028, 143183, 161056, 156929, 157263, 157706, 158077, 159205, 159479, 159680, 160135, 160137, 161766, 161795, 161984, 162175, 162244, 162768, 162826, 162954, 163796, 164619.  This link is valid until 8/4/2020.

Sold Properties Last Week:

MLS #155947 – Snowmass Creek, 7846/7850 Snowmass Creek Road, Snowmass, CO: Sold Price: $7,200,000/$978 sq ft; unfurnished. Sold Date: 07/01/2020. More details below photos.

MLS #155947 – Snowmass Creek, Henry Ranch 2, 7846/7850 Snowmass Creek Road, Snowmass, CO: Sold Price: $7,200,000/$978 sq ft; unfurnished. Sold Date: 07/01/2020. Old Snowmass homes for sale. Ask Price: $7,900,000. (Original Price: $8,500,000 and 637 days on the market since 08/14/2018. An additional 32 acres sold on 6/15/20 at $3.5M/$359 SF. This is a 2000 built and 2010 remodeled, 6 bedroom/7 bath/1 half-bath, 7,355 sq ft single family home with 4+ car garage on a 78.88 acres lot. Broker comments are “The dream of mountain living comes alive at this sanctuary in the Snowmass Creek Valley; a classic ranch with two homes, a five stall barn with caretakers quarters, paddocks and flat pasture land. Property has water rights with Snowmass Creek running right through it. Two separate parcels on over 75 acres includes a 3 bedroom home on each parcel. One parcel has an Austrian alpine cottage built as a tribute to the late, great Freidl Pfeifer. No detail or expense was overlooked and it is completely authentic in every aspect. It must be seen to be appreciated. The second home is a classic square log ranch style designed by Poss Architects. It features an open living room and kitchen complimented by a large wood burning fireplace, sure to be a favorite gathering spot on winter nights. Each bedroom feels private and warm with views looking out at the Snowmass Creek Valley. Step outside and walk the vast manicured lawn to the gazebo overlooking the trout ponds which will be the focus of many family gatherings and a lifetime of memories.” 2019 taxes: $41,254; HOA Dues: TBD. Under Contract Date: 05/21/2020; Sold Date: 07/01/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #164370 – Independence Gate Townhomes Condo, Central Core, 922 E Cooper Avenue, Aspen, CO: Sold Price: $5,900,000/$1,971 sq ft; furnished. Sold Date: 07/01/2020. More details below photos.

MLS #164370 – Independence Gate Townhomes Condo, Central Core, 922 E Cooper Avenue, Aspen, CO: Sold Price: $5,900,000/$1,971 sq ft; furnished. Sold Date: 07/01/2020. Aspen homes for sale. Ask Price: $5,995,000. (Original Price: $5,995,000 and 46 days on the market since 05/16/2020.) This is a 1999 built and 2017 remodeled, 4 bedroom/1 bonusroom/1 den/5 bath, 2,993 sq ft single family home with 2 car garage on a 3,000 sq ft lot. Broker comments are “Aspen urban living at its finest! This core area, single family home offers the essence of convenience as its location is literally footsteps to everything downtown Aspen has to offer. Recently updated, this 4/5 bedroom home features main floor living, is elegantly and fully furnished, and has open living and dining areas that flow seamlessly to the kitchen. An upper floor master affords total privacy with an additional four bedrooms located throughout the home. Additional amenities include a large, south facing deck for outdoor gatherings with friends or family, a second living/rec room area in the lower level, a 2 car heated garage, and BBQ area off the kitchen. This opportunity is a rare, core area single family home with sleeping accommodations for up to 10, and, it’s priced under $6M.” 2019 taxes: $16,053. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/15/2020; Sold Date: 07/01/2020. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS #163579 – Hunter Creek, Smuggler, 942 Vine Street, Aspen, CO: Sold Price: $650,000/$1,038 sq ft; unfurnished. Sold Date: 06/29/2020. More details below photos.

MLS #163579 – Hunter Creek, Smuggler, 942 Vine Street, Aspen, CO: Sold Price: $650,000/$1,038 sq ft; unfurnished. Sold Date: 06/29/2020. Aspen condos for sale. Ask Price: $669,000. (Original Price: $669,000 and 103 days on the market since 03/18/2020.) This is a 1980 built and 2018 remodeled, 1 bedroom/1 bath, 626 sq ft condo. Broker comments are “This beautifully remodeled Top Floor 1 Bedroom, 1 Bath has spectacular views of Aspen Mountain with a bright and sunny south facing living area. Fully renovated in 2018, this turnkey condo offers brand new appliances, quartz countertops, new flooring, tiled bathroom, large new windows, a wood burning fireplace, and washer dryer in the unit. Located in Building 9 this unit is directly across from the shuttle to Aspen or within walking distance to town. Enjoy all that Hunter Creek has to offer with hot tub, pool and tennis courts.” 2019 taxes: $1,643; HOA Dues: $8,043. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/18/2020; Sold Date: 06/29/2020. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Carbondale)

MLS #162714 – Hunter Creek, Smuggler, 224 Vine Street, Aspen, CO: Sold Price: $564,631/$948 sq ft; partially furnished. Sold Date: 06/30/2020. More details below photos.

MLS #162714 – Hunter Creek, Smuggler, 224 Vine Street, Aspen, CO: Sold Price: $564,631/$948 sq ft; partially furnished. Sold Date: 06/30/2020. Aspen condos for sale. Ask Price: $589,000. (Original Price: $589,000 and 534 days on the market since 01/14/2019.) This is a 1980 built, 1 bedroom/1 bath, 595 sq ft condo. Broker comments are “This condo is located in Building 2, where construction from the cement floors and ceiling keep the unit extremely quiet from the neighbors. Set in a serene setting overlooking the woods and river of Hunter Creek only adds to the peacefulness within. Deer commonly stroll by. This is a one bedroom unit in original but excellent condition, with built-in closets for your convenience. Never remodeled before, one can live in as is, or remodel the condo to your taste. Wood stove and private deck with storage closet are included. Lots of amenities at this complex including pool, jacuzzi, tennis courts, spacious grounds, and built-in BBQ’s. Conveniently located with bus service to Ajax every 20 minutes, or walk 7 minutes to the core. This is value and affordability at its best.” 2019 taxes: $1,518; HOA Dues: $3,760. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/01/2020; Sold Date: 06/30/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #160053 – W/J Ranch, McLain Flats, TBD Byers Court Lot 3, Aspen, CO: Sold Price: $1,850,000. Sold Date: 06/30/2020. More details below photos.

MLS #160053 – W/J Ranch, McLain Flats, TBD Byers Court Lot 3, Aspen, CO: Sold Price: $1,850,000. Sold Date: 06/30/2020. Aspen lots for sale. Ask Price: $2,495,000. (Original Price: $1,850,000 and 1,343 days on the market since 09/21/2016.) This is a 2.12 acres single family vacant lot. Broker comments are “Located minutes from downtown Aspen in the exclusive White Star Ranch Estates, this flat 2 + acre building site is ready for your dream Aspen home. Stunning views of Aspen Mountain, Capitol Peak and Mount Daly offer dramatic backdrops for your architectural masterpiece.” 2019 taxes: $63,167. Under Contract Date: 06/09/2020; Sold Date: 06/30/2020. (Photos and broker comments courtesy of Slifer Smith & Frampton Real Estate)

MLS #164555 – Shield O Mesa, 655 Monastary Cutoff, Snowmass, CO: Sold Price: $1,050,000/$498 sq ft; unfurnished. Sold Date: 07/02/2020. More details below photos.

MLS #164555 – Shield O Mesa, 655 Monastary Cutoff, Snowmass, CO: Sold Price: $1,050,000/$498 sq ft; unfurnished. Sold Date: 07/02/2020. Old Snowmass homes for sale. Ask Price: $1,095,000. (Original Price: $1,095,000 and 28 days on the market since 06/04/2020.) This is a 1992 built and 2018 remodeled, 3 bedroom/2 bath/1 half-bath, 2,106 sq ft single family home with 2 car garage on a 38.44 acres lot. Broker comments are “Tucked away in the Old Snowmass, Colorado, just 30 minutes northwest of Aspen is a stunning 38 acre parcel of land, with a beautiful 3 bedroom, 2 bath log home. This spectacular mountain ranch offers end of the road privacy, mountain valley views, abundant wildlife and solitude. Remodeled in 2018 the kitchen features granite counters, wood floors, custom cabinets and new stainless steel appliances. Additional features include a barn, dog run, chicken coop, horse arena and fenced pastures. A great escape for those looking to breath fresh mountain air within 25 minutes to Pitkin County Airport.” 2019 taxes: $5,106. Under Contract Date: 06/09/2020; Sold Date: 07/02/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #162274 – Interlude, 70 Gallun Lane 208, Snowmass Village, CO: Sold Price: $735,000/$796 sq ft; furnished. Sold Date: 07/01/2020. More details below photos.

MLS #162274 – Interlude, 70 Gallun Lane 208, Snowmass Village, CO: Sold Price: $735,000/$796 sq ft; furnished. Sold Date: 07/01/2020. Snowmass Village condos for sale. Ask Price: $799,000. (Original Price: $799,000 and 211 days on the market since 12/03/2019.) This is a 1972 built, 2 bedroom/2 bath, 923 sq ft condo. Broker comments are “Spectacular views up Snowmass Mountain from this 2 bedroom/2 bathroom slopeside Interlude condominium. Watch the skiers go by from your living room feeling like you are part of the action! This condo has a unique additional window in the living room offering great views and extra sunlight. Assigned one car carport, locked owner storage for the condo are rare amenities. Click in click out skiing, easy walk to the mall make this a very desirable complex. Recent additions of complex outdoor hot tub and snowmelt parking areas.” 2019 taxes: $2,593. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/08/2020; Sold Date: 07/01/2020. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

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