Aspen Real Estate Market  Last Week’s Sales: June 9 – 16, 19 – Week 24

Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (7) + Under Contract / Pending (10).

The May 2019 Aspen Snowmass Village Real Estate Market Report Snapshot was posted June 4th in Current Reports.  The Monthly Snapshots are posted on or near the 1st Monday of every month. (April 2019 was sooo late. Is off-season an excuse? No. My apology.)

Just Released Bi-Annual – Estin Report: Aspen Snowmass Real Estate Market 2019 Winter Spring

The updated Pace of Sales Charts Q1 2008 through Q1 2019 were posted in Charts on Apr 8, 19. These answer the question “Where are we now compared to prior periods?” and indicate market direction trend lines.

     
                                   Aspen & Snowmass Village Historic Real Estate Sales Chart Series

Blog Post: June 9 – 16, 2019 Aspen CO real estate market activity, Week 24

Weekly Aspen and Snowmass CO real estate sales activity appears below for sold and under contracts properties in the upper Roaring Fork Valley over $250,000 – for Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass. Fractional sales are not included. Photos and written descriptions of sold properties are posted here as the MLS links below expire after 30 days. For earlier dates, see the Estin Report blog archives starting in 2008 at the bottom of the page. Or use SearchEstinAspen in the menu bar to search by topic, address, subdivision, complex, date, etc.  If it’s about Aspen real estate, the information should be here.

Closed (7):  MLS#s: 152811, 152968, 154753, 156846, 156881, 157943, 158276. This link is valid until 7/16/2019.

Under Contract/Pending (10): MLS#s: 150650, 152693, 154726, 156539, 157206, 157427, 159369, 159669, 159708, 159763. This link is valid until 7/16/2019.

Sold Properties Last Week:

MLS #158276 – Riverside Subdivision, East Aspen, 1295 Riverside Drive, Aspen, CO: Sold Price: $3,650,000/$1,188 sq ft; unfurnished. Sold Date: 06/10/2019. More details below photos.

MLS #158276 – Riverside Sub, East Aspen, 1295 Riverside Drive, Aspen, CO: Sold Price: $3,650,000/$1,188 sq ft; unfurnished. Sold Date: 06/10/2019. Aspen homes for sale. Ask Price: $3,650,000. (Original Price: $3,650,000 and 88 days on the market since 03/14/2019.) This is a 1960 built and 2005 remodeled, 4 bedroom/3 bath, 3,071 sq ft single family home on a 5,690 sq ft lot. Broker comments are “Located in the coveted Riverside neighborhood of east Aspen, yet within easy walking distance to downtown, this timeless, single family home epitomizes the modern mountain chalet. Designed by Robert ”Rob” Roy (1926 -1992), this impeccable home was remodeled in 2005 to incorporate a thoughtful floor plan nestled in an aspen grove. The primary living spaces are located on the upper level with an inviting deck perfect for outdoor dining and grilling. Features including 4 bedrooms, 3 baths, a roaring wood burning fireplace in the living room, a second media/family gathering room on the lower level and a separate entrance to an office or mother-in-law suite – all make for flexible Aspen living. The existing home is on the historic inventory (See Aspen Modern Inventory List) – meaning any exterior changes need to be approved by the Historic Preservation Commission. The interior could be remodeled to any style desired.” 2018 taxes: $5,320. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/21/2019; Sold Date: 06/10/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #156881 – Aspen Airport Business Center, West Aspen, 109 AABC 500, Aspen, CO: Sold Price: $3,900,000/$561 sq ft. Sold Date: 06/14/2019. More details below photos.

MLS #156881 – Aspen Airport Business Center, West Aspen, 109 AABC 500, Aspen, CO: Sold Price: $3,900,000/$561 sq ft. Sold Date: 06/14/2019. Aspen commercial industrias for sale. Ask Price: $4,275,000. (Original Price: $4,275,000 and 931 days on the market since 11/22/2017.) This is a 1979 built, 6,943 sq ft commercial industria on a 16,620 sq ft lot. Broker comments are “Rare investment opportunity at the Airport Business Center which includes the land, not on a land lease. The building sits on a 16,620 SF lot complete with 26 parking spaces and great hwy 82 frontage. Current tenant staying and committing to a 5 year lease with a 5 year option. Net operating income of $240,000 in year one with 3% maximum annual increases, expenses paid by Tenant (NNN-taxes, insurance, CAMs (excluding HVAC and structure). Original Aspen train station which was relocated in the late 70s and has since been remodeled down to the studs with a new electrical and HVAC system (property has no historical designation).” 2017 taxes: $21,681. Under Contract Date: 05/17/2019; Sold Date: 06/14/2019. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS #157943 – Independence Square Hotel Condo, Central Core, 404 S Galena Street 212, Aspen, CO: Sold Price: $575,000/$1,916 sq ft; furnished. Sold Date: 06/10/2019. More details below photos.

MLS #157943 – Independence Square Hotel Condo, Central Core, 404 S Galena Street 212, Aspen, CO: Sold Price: $575,000/$1,916 sq ft; furnished. Sold Date: 06/10/2019. Aspen condos for sale. Ask Price: $599,000. (Original Price: $599,000 and 111 days on the market since 02/19/2019.) This is a 1889 built, studio/1 bath, 300 sq ft condo. Broker comments are “Beautifully remodeled 2nd floor condo located in downtown Aspen right on the mall and only one block to the Gondola. Close to shops, restaurants and Aspen nightlife. Roof top hot tub and deck with views of Aspen Mtn. Complimentary continental breakfast for Owners and Renters. Ski lockers/storage. On-site Management.” 2017 taxes: $1,200; HOA Dues: $14,680 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/03/2019; Sold Date: 06/10/2019. (Photos and broker comments courtesy of Engel & Volkers)

MLS #156846 – Woody Creek, 1870 Lower River Road, Snowmass, CO: Sold Price: $1,900,000/$549 sq ft. Sold Date: 06/10/2019. More details below photos.

MLS #156846 – Woody Creek, 1870 Lower River Road, Snowmass, CO: Sold Price: $1,900,000/$549 sq ft. Sold Date: 06/10/2019. Old Snowmass homes for sale. Ask Price: $1,995,000. (Original Price: $1,995,000 and 697 days on the market since 11/22/2016.) This is a 1999 built, 4 bedroom/3 bath/2 half-bath, 3,460 sq ft single family home with 2 car garage on a 2 acres lot. Broker comments are “Own your own island on the roaring fork. Fish off your deck while taking in the amazing views of the river and surrounding mountains. This is the perfect property for your quintessential Colorado experience. The house sits on 2 acres of river frontage, which creates the ideal sanctuary. Only a short drive to Aspen or Snowmass for skiing and other activities The house boasts vaulted ceilings in the living room, a large second story deck, a patio level with the river, and tons of natural light throughout. The upstairs master bedroom is on its own floor with a separate loft overlooking the living room. There is a master suite on the main living level with views overlooking the river with an en-suite bathroom.” 2018 taxes: $9,586. Under Contract Date: 04/12/2019; Sold Date: 06/10/2019. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS #152811 – Snowmass Creek, 26625 Highway 82, Snowmass, CO: Sold Price: $725,000/$612 sq ft; partially furnished. Sold Date: 06/10/2019. More details below photos.

MLS #152811 – Snowmass Creek, 26625 Highway 82, Snowmass, CO: Sold Price: $725,000/$612 sq ft; partially furnished. Sold Date: 06/10/2019. Old Snowmass homes for sale. Ask Price: $775,000. (Original Price: $895,000 and 647 days on the market since 09/01/2017.) Tim’s comments: This is a small single family home sandwiched between adjacent Hwy 82 and the Roaring Fork River. This is a 1947 built and 1967 remodeled, 2 bedroom/2 bath, 1,568 sq ft single family home with 1 car garage on a 41,300 sq ft lot. Broker comments are ““A River Runs Through it,” is no exaggeration. There is only one confluence of Snowmass Creek and the Roaring Fork River and this magical property borders both! With 210’ of river frontage and fishing holes just steps from the rustic cabin this is a true fisherman’s paradise. Build your dream home and use the cabin as an Accessory Dwelling Unit (ADU), or fix up the existing cabin and make this your weekend getaway. This is an irreplaceable setting, with majestic trees, and a slightly rolling topo.” 2017 taxes: $3,923. Under Contract Date: 04/10/2019; Sold Date: 06/10/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #152968 – Melton Ranch Subdivision, 266 Sinclair Road, Snowmass Village, CO: Sold Price: $2,385,000/$668 sq ft; unfurnished. Sold Date: 06/12/2019. More details below photos.

MLS #152968 – Melton Ranch, 266 Sinclair Road, Snowmass Village, CO: Sold Price: $2,385,000/$668 sq ft; unfurnished. Sold Date: 06/12/2019. Snowmass Village homes for sale. Ask Price: $2,599,000. (Original Price: $2,749,000 and 582 days on the market since 03/06/2017.) This is a 1970 built and 2009 remodeled, 4 bedroom/4 bath/1 half-bath, 3,566 sq ft single family home with 2 car garage on a 24,203 sq ft lot. Broker comments are “On the sunny side of Snowmass Village and adjacent to open space and trails, this private and sophisticatedly finished, 4 bedroom 4.5 bathroom home is situated on over ½ acre and professionally landscaped.The light filled open floor plan on the main level has a gourmet kitchen with high end appliances and dining and living area with French doors that open to the wrap around deck with mountain views. Two bedroom suites are on the main level including the large master suite with extra large walk-in closet, double vanity, steam shower, and jetted tub. The above grade lower level has two bedrooms, media room, office/5th bedroom, large storage room, and private hot tub. Enjoy the added bonus of school bus and complimentary ski shuttle service at the end of the driveway. Furnishings negotiable.” 2018 taxes: $8,043; HOA Dues: $90 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/19/2019; Sold Date: 06/12/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV).

MLS #154753 – Country Club Homes, 86 St. Andrews Court 70, Snowmass Village, CO: Sold Price: $2,350,000/$813 sq ft; furnished. Sold Date: 06/11/2019. More details below photos.

MLS #154753 – Country Club Homes, 86 St. Andrews Court 70, Snowmass Village, CO: Sold Price: $2,350,000/$813 sq ft; furnished. Sold Date: 06/11/2019. Snowmass Village townhomes for sale. Ask Price: $2,525,000. (Original Price: $2,688,000 and 695 days on the market since 06/23/2016.) This is a 1989 built, 4 bedroom/4 bath, 2,890 sq ft townhome with 2 car garage. Broker comments are “It is all about the exceptional location and gorgeous unique setting of this large corner townhome. The classically designed townhome located at the end of a private cul-de-sac overlooking Brush Creek where the gorgeous gardens generate a sense of serenity and privacy. Enjoy spectacular views of majestic trees & mountain ski runs. Relax to the sound of the rushing creek from your master bedroom, living and dining room deck, or the outdoor romantic rock patio surrounded by magnificent gardens alongside the creek. Three of the four en-suite bedrooms have their own patio to enjoy the serene setting. The top floor den/en-suite bedroom enjoys a view of the surrounding golf course. The mature landscaping is enjoyed from every window and in every direction creating a light, bright atmosphere.” 2018 taxes: $9,515; HOA Dues: $18,828 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/17/2019; Sold Date: 06/11/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

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