2014 was the Best Year Since 2007.

The Estin Report: 2014 year end summary of Aspen and Snowmass sales performance stats with charts and tables was posted 12.26.14 in Current Reports. The Dec. 2014 Monthly Market Snapshot will be posted early this week, and the Q4 and Year 2014 Quarterly: State of the Aspen Market Report will be released in mid-Jan 2015.

Last week’s Aspen and Snowmass sales activity appears below. Scroll down the page for photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to search the blog archives by year and date to 2008. Or use SearchEstinAspen in the menu bar to search by topic, address, subdivision, complex, date, etc. If it’s about Aspen, the information should be here.

Market Activity Week 2, Jan 4 – 11, 2015

Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are published here to preserve an archive of sold market activity.

Closed (8): This link is valid until 2/9/2015. MLS#s:135924, 131963, 127613, 134709, 133315, 133011, 133533, 137176

Under Contract/Pending (14): This link is valid until 2/9/2015.MLS#’s:119594,137181,137184,137214,137215,120703,125312,131964,132579,133484,134963,136034,136225,137109

Aspen Snowmass Solds Last Week:

MLS #135924 – West Aspen, Fivetrees Subdivision, 864 Moore Drive, Aspen, CO: Sold Price: $15,000,000/$1,413 sq ft furnished. More details below photos.

MLS #135924 – West Aspen, Fivetrees Subdivision, 864 Moore Drive, Aspen, CO: Sold Price: $15,000,000/$1,413 sq ft furnished; Asking Price: $17,800,000. (Original Price: $17,800,000 and 135 days on the market since 08/27/2014.) This is a beautiful 2005 built/2013 Remodel, 6 bedroom/7 bath/2 bath-half, 10,615 sq ft single family home with 3 car garage on 215,622 sq ft lot. The sellers paid $9.85M in Oct 2009. Broker comments are, “Rarely will you find a built environment that radiates light like The Estate at Moore Drive. Each room emanates sanctuary from space to space, floor to floor. Set on a completely private, five acre bench overlooking the Castle Creek Valley, this is one of the most elegant and exquisite properties the Aspen real estate market has ever seen.” 2014 Taxes:33,225; HOA Dues: 60. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/13/2014; Sold Date: 01/09/2015. (Photos and broker comments courtesy of Aspen Associates Realty Group LLC)

MLS #131963 – Red Mountain, Red Mtn Ranch, 916 Hunter Creek Road, Aspen, CO: Sold Price: $10,000,000/$1,266 sq ft furnished. More details below photos.

MLS #131963 – Red Mountain, Red Mtn Ranch, 916 Hunter Creek Road, Aspen, CO: Sold Price: $10,000,000/$1,266 sq ft furnished; Asking Price: $12,900,000. (Original Price: $12,900,000 and 445 days on the market since 10/18/2013.) This is a 2002 built, 5 bedroom/5 bath/4 bath-half, 7,896 sq ft single family home with 3 car garage on 30,250 sq ft lot. Broker comments are, “A unique opportunity to own a classic Red Mountain estate at an asking price of only $1,633 per sq. ft. Built in 2002, this elegant home features the finest in finishes and furnishings. Designed by highly regarded aspen architect, Charles Cunniffe, the millwork and cabinetry is custom designed and installed from New York. Brazilian walnut floors, Colorado limestone, and period piece antiques throughout. Dramatic views of Aspen Mountain and surrounding mountain ranges. Completely turnkey, this may be the best opportunity currently available on Red Mountain.” 2013 Taxes:19,971; HOA Dues:1688. Under Contract Date: 10/27/2014; Sold Date: 01/06/2015. (Photos and broker comments courtesy of Shane Aspen Real Estate)

MLS #127613 – West Aspen, Maroon Greens, 74 Pfister Drive #103, Aspen, CO: Sold Price: $4,100,000/$912 sq ft furnished. More details below photos.

MLS #127613 – West Aspen, Maroon Greens, 74 Pfister Drive #103, Aspen, CO: Sold Price: $4,100,000/$912 sq ft furnished; Asking Price: $4,495,000. (Original Price: $4,750,000 and 811 days on the market since 10/18/2012.) This is a 1997 built, 4 bedroom/4 bath/1 bath-half, 4,492 sq ft tonwhome condo with 4+ car garage on 3,566 sq ft lot. Broker comments are, “An exquisitely furnished home in the prestigious Maroon Green Townhomes was designed with comfort in mind. Exceptional mountain views compliment the four bedroom home, each with en suite baths. The larger floor plan includes a master suite with a private sitting area, a gourmet kitchen with informal dining, an elevator service to its 3 levels and a snowmelted BBQ deck off the dining room – all with those Aspen postcard views. A secured 2 car underground parking including golf cart storage plus a private 2 car heated garage rounds out the long list of amenities of this luxury townhome. Full service, on-site property management cares for the snowmelted driveway and walkways, the beautiful landscaped grounds and water features, and the interior maintenance of the home,which allows for unparalleled worry-free ownership. Located in a private enclave of the Maroon Creek Club, the 4 bedroom Maroon Greens home each with its own bath overlooks the 12th fairway of the prestigious Maroon Creek Golf Course designed by Tom Fazio. Superbly located for ultimate convenience ; simply walk out your front door and you are just a quick walk the lifts at Tiehack and Buttermilk, the celebrated Maroon Creek Club is nearby or a short drive will deliver you to Aspen Mountain and downtown Aspen. In the summer the hiking and biking trails are equally accessible from this spectacular Maroon Greens neighborhood.” 2011 Taxes:8,014; HOA Dues: 25056. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/03/2014; Sold Date: 01/07/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)

MLS #134709 – Multi Family Lot, Smuggler Area, Williams Subdivision, 518 Spruce Street, Aspen, CO. More details below photos.

MLS #134709 – Multi Family Lot, Smuggler Area, Williams Subdivision, 518 Spruce Street, Aspen, CO: Sold Price: $2,500,000; Asking Price: $2,595,000. (Original Price: $2,595,000 and 213 days on the market since 06/07/2014.) This is a 11,761 sq ft multi family lot in the Williams subdivision. Broker comments are, ” Quiet, sunny neighborhood, in town, with spectacular views. Two separate city approved parcels with individual development rights. Design and build your own vision for these amazing properties. Parcel A, 7500 sq. ft., R6 zoned duplex with 3,840 FAR above grade (1,620 sq ft each side), stunning Aspen & Sopris Mtn. views. Parcel B, 4336 sq ft, R6 zoned single family home with 2,774 FAR above grade, Aspen and Independence views. Build one, two or three free market homes. This is a rare opportunity with maximum flexibility. Easy walk to core, Lani White and Smuggler trailheads. Existing ranch style two bedroom house with mother in law/guest apt. above garage. Move in ready or rent out while you design your dream. Parcel A closed 12/5/14 for $1,500,000 and Parcel B 1/6/2014 for $1,000,000.”. 2014 Taxes: $6,122. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/15/2014; Sold Date: 01/06/2015.(Photos and broker comments courtesy of Aspen Core Realty)

MLS #133315– 677 Lower River, Old Snowmass, CO with 80 acres: Sold Price: $1,950,000/$3,250 sq ft unfurnished. More details below photos.

MLS #133315- Parcel 1 – Old Snowmass, 677 Lower River, Aspen, CO: Sold Price: $1,950,000/$3,250 sq ft unfurnished; Asking Price: $2,125,000. (Original Price: $2,125,000 and 1300 days on the market since 06/17/2011.) This is a 1911 built, 2 bedroom/2 bath, 600 sq ft single family home on 3,484,800 sq ft lot (80 acres). Broker comments are, “Snowmass Canyon Ranch…Parcels Now Offered Separately…
Just sold – MLS 133315 Parcel 1: 80 Acre parcel with senior water rights. Gold Medal Roaring Fork River Frontage. 2 acre building envelop with 8,250 square feet allowed with purchase of a TDR. 2 bed, 1 bath ‘School House.”Dramatic Wheatley Gulch offers access to adjacent US FS land. Property’s character and privacy benefits from protected Conservation Easement. This was a closing/sale for a portion of land from the School House parcel only. No improvements were sold with this transaction. The School House is now part of MLS #133316 and is now for sale with the Farm House parcel.
Available for Sale – MLS #133316 Parcel 2: 158 (+/-) acres with senior water rights. “Gold Medal” Roaring Fork River Frontage. Site of historic Wheatley Ranch… homesteaded in 1891. 3 spring feed ponds. Multiple acre building envelop with 8,250 square feet allowed with purchase of a TDR. 3 bed, 2 bath Farm House, Hay Barn & historic log outbuildings. NOW INCLUDES THE ”HISTORIC SCHOOL HOUSE” AS WELL. Adjacent to USFS land. Property’s character and privacy benefits from protected Conservation Easement..” 2013 Taxes: 2,648. Under Contract Date: 06/17/2014; Sold Date: 01/07/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)

MLS #133011- Central Core, Fasching Haus Condominiums, 718 S Mill Street #12, Aspen, CO: Sold Price: $650,000/$769 sq ft furnished. More details below photos.

MLS #133011– Central Core, Fasching Haus Condominiums, 718 S Mill Street #12, Aspen, CO: Sold Price: $650,000/$769 sq ft furnished; Asking Price: $699,000. (Original Price: $875,000 and 323 days on the market since 02/19/2014.) This is a 1965 built, 2 bedroom/2 bath, 845 sq ft condo. Broker comments are, “Well-located rental unit with nice furnishings and amenities. The complex offers parking, heated outdoor pool, on-site office/staff and check-in service. All within a few blocks to ski access, the gondola, free skier bus station and downtown core.” 2013 Taxes: 1,342; HOA Dues: 12,013. Under Contract Date: 12/11/2014; Sold Date: 01/08/2015. (Photos and broker comments courtesy of Frias Properties of Aspen)

MLS #133533 – Smuggler Area, Smuggler Mobile Park, 108 Maple Lane, Aspen, CO: Sold Price: $507,500/$541 sq ft unfurnished. More details below photos.

MLS #133533 – Smuggler, Smuggler Mobile Park, 108 Maple Lane, Aspen, CO: Sold Price: $507,500/$541 sq ft unfurnished; Asking Price: $599, 000. (Original Price: $625,000 and 284 days on the market since 03/28/2014.) This is a 1982 built, 2 bedroom/1 bath, 938 sq ft single family home (mobile home?) on 2,451 sq ft lot. Broker comments are, “Beautiful direct views of Aspen Mountain, On the Free RFTA route. You can stroll into town and it is also close to hiking and biking trails, Great redevelopment opportunity. Borders SHOA Greenbelt.” 2014 Taxes: 1,312; HOA Dues: 150. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/07/2014; Sold Date: 01/06/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)

No Photos in MLS for this Horse Ranch Single family Vacant Lot.

MLS #137176 – Single Family Vacant Lot, Horse Ranch, Snowmass Village, CO: Sold Price: $1,150,000; Asking Price: $1,150,000. (Original Price: $1,150,000 and 73 days on the market since 10/24/2014.) This is a 25,519 sq ft, approx. 1/2 acre, single family lot in the Horse Ranch subdivision. Broker comments are, “Property Sold before MLS”. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/24/2014; Sold Date: 01/05/2015.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Snowmass Village)

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Disclaimer: The statements made in The Estin Report and on Aspen broker Tim Estin’s blog represent the opinions of the author and should not be relied upon exclusively to make real estate decisions. A potential buyer and/or seller is advised to make an independent investigation of the market and of each property before deciding to purchase or to sell. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable, however, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.309.6163 or by email. The Estin Report is copyrighted 2015 and all rights reserved. Use is permitted subject to the following attribution with an active link to the source: “The Estin Report on Aspen real estate.”

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