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Aspen Real Estate Market  Last Week’s Sales: March 20 – 27, 22 – Week 12

The Big Local News: Gorsuch Haus developers sell out the voter approved project (by 26 votes) at Lift 1A Base for $76.25M.  See article.

The Feb 2022 Aspen Market Report Snapshot was posted  3/7/22 in the Estin Reports 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 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 March 28, 2022 – Aspen CO real estate market activity, Week 12

Closed (5): MLS#s: 174150, 173999, 174146, 174141, 173694. This link is valid until 4/26/2022.

Under Contract/Pending (12): MLS#s: 174070, 172771, 172010, 174057, 173333, 174191, 174086, 174151, 173662, 174143, 174071, 171933. This link is valid until 4/26/2022.

Sold Properties Last Week:

MLS # 174150- Townsite of Aspen, Central Core, 550 Aspen Alps Road, Aspen, CO; Sold Price: $50,000,000/$6,993 sq ft; furnished. Sold Date: 03/22/2022. More details below photos.

MLS # 174150- Townsite of Aspen, Central Core, 550 Aspen Alps Road, Aspen, CO; Sold Price: $50,000,000/$6,993 sq ft; furnished. Sold Date: 03/22/2022. (Seller, as reported in the media, was fashion designer Tommy Hilfiger who paid $30.945M/$4,328 sq ft on 12/03/21.) Sold off market at $50,000,000. This is a 2003 built, 4 bedroom/7 bath/2 half-bath, 7,150 sq ft single family home with 2 car garage on a 0.23 acres lot. Broker comments are “Sold before MLS. In the prior listing description where the property sold on 12/03/21 at $30.945M, it was described as The House on Little Nell: “Location. Location. Location. This is Aspen’s premier ski-in/ski-out home located slope side on the Little Nell ski trail on Aspen Mountain. It is a one-of-a-kind luxurious Bill Poss designed mountain contemporary ski property owned by the same family since the 1950’s where three generations of many kids have enjoyed the ”ski-out-the-door, drop-into-town” Aspen lifestyle. An extraordinary and rare opportunity. Base Station #1 for all of your Aspen adventures. Directions: By foot from town: Follow a staircase-to-footpath on the west side of Aspen Alps paralleling the Little Nell ski trail. It starts just south of the Alps front office to the right of a bench at the parking lot. It’s a 3 minute walk up and a 2-3 minute walk down. By car: Take Ute Avenue to S. Aspen Alps Road. House is just beyond the 500 building on the right. Park between fire hydrant and garage.” 2021 taxes: $62,004. Under Contract Date: 03/22/2022; Sold Date: 03/22/2022. (Photos courtesy of Compass Real Estate.)

MLS #174146- Independence Gate Townhomes Condo, Central Core, 922 E Cooper Avenue, Aspen, CO; Sold Price: $10,000,000/$3,341 sq ft; furnished. Sold Date: 03/22/2022. More details below photos.

MLS #174146- Independence Gate Townhomes Condo, Central Core, 922 E Cooper Avenue, Aspen, CO; Sold Price: $10,000,000/$3,341 sq ft; furnished. Sold Date: 03/22/2022. Ask Price: $10,250,000. (Original Price: $10,250,000,000 and on the market since 03/22/2022) This is a 2012 built and 2021 remodeled, 4 bedroom/4 bath/ 1 half-bath, 2,993 sq ft single family home with 2 car garage on a 0.07 acres lot. Broker comments are “Sold before MLS.” 2021 taxes: $16,145. Under Contract Date: 03/14/2022; Sold Date: 03/22/2022. (Photos and broker comments courtesy of Lorrie B Aspen, Inc.)

MLS # 173999- Wood Run, Snowmass Village, 1400 Wood Road, Snowmass Village, CO; Sold Price: $10,000,000/$2,153 sq ft; furnished. Sold Date: 03/23/2022. More details below photos.

MLS # 173999- Wood Run, Snowmass Village, 1400 Wood Road, Snowmass Village, CO; Sold Price: $10,000,000/$2,153 sq ft; furnished. Sold Date: 03/23/2022. Ask Price: $9,750,000. (Original Price: $9,750,000 and on the market since 03/10/2022.) This is a 1970 built and 2008 remodeled, 5 bedroom/5 bath/1 half-bath, 4,644 sq ft single family home with 2 car garage on a 0.76 acres lot. Broker comments are “Ski in and out to Adams Avenue, centrally located on the Snowmass Ski Area! Skiing, hiking and biking right out your door. This home was remodeled down to the studs in 2008–everything is new. Gourmet kitchen, 5 bedrooms including a large Master Suite with gas fireplace, walk in closet steam shower and jetted tub, 6 baths, media/game room, office and outdoor patios. This home is in the heart of Woodrun and Snowmass Village and offers easy access to everything Snowmass has to offer.” 2021 taxes: $21,605. HOA Dues: $110. Under Contract Date: 03/08/2022; Sold Date: 03/23/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 174141- Wood Run, Snowmass Village, 234 Edgewood Lane, Snowmass Village, CO; Sold Price: $5,100,000/$1,741 sq ft; furnished. Sold Date: 03/22/2022. More details below photos.

MLS # 174141- Wood Run, Snowmass Village, 234 Edgewood Lane, Snowmass Village, CO; Sold Price: $5,100,000/$1,741 sq ft; furnished. Sold Date: 03/22/2022. Ask Price: $5,250,000. (Original Price: $5,250,000 and on the market since 03/22/2022.) This is a 1972 built and 2007 remodeled, 4 bedroom/3 bath/1 half-bath, 2,928 sq ft single family home. Broker comments are “Located directly on the Guggenheim ski trail, in the prestigious Wood Run neighborhood, this classic Treehouse home exudes warmth and charm. With mid-century décor and mountain-rustic interiors, this is the type of home you’ll want to enjoy with family and friends for many years to come. The views of the Snowmass Valley and private yard make for one of the more picturesque properties on the market today. Soaring ceilings reach 20 feet in the great room and spacious outdoor patios and decks make enjoying the summer season as easy as skiing back for lunch or at the end of the day for a nice chat and drink by the oversized wood-burning fireplace.” 2021 taxes: $9,299. HOA Dues: $90. Under Contract Date: 03/22/2022; Sold Date: 03/22/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 173694- Seasons 4, Snowmass Village, 35 Lower Woodbridge Road 163, Snowmass Village, CO; Sold Price: $982,000/$1,050 sq ft; unfurnished. Sold Date: 03/21/2022. More details below photos.

MLS # 173694- Seasons 4, Snowmass Village, 35 Lower Woodbridge Road 163, Snowmass Village, CO; Sold Price: $982,000/$1,050 sq ft; unfurnished. Sold Date: 03/21/2022. Ask Price: $875,000. (Original Price: $875,000 and on the market since 02/16/2022.) This is a 1971 built, 2 bedroom/2 bath, 935 sq ft condo. Broker comments are “Easy access to this great 2 bedroom Seasons 4 condo. Peak-a-boo views of Sam’s Knob from the dining room and Burnt Mountain views from the living room. You will love coming back to your Snowmass ski chateau.” 2021 taxes: $1,871. HOA Dues: $6,808. Under Contract Date: 02/19/2022; Sold Date: 03/21/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

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