The Estin Report: Aspen Snowmass Weekly Sales and Statistics: Closed (11) and Under Contract / Pending (5): June 26 – July 3, 11

Tim Estin is an active Aspen real estate broker with Mason Morse located in the center of Aspen. This blog, www.AspenRealEstateBlog.com or Tim Estin’s blog, is released Monday mornings and sometimes in-between. The Estin Reports are released quarterly, annually and also special reports. For blog archives, scroll to bottom of this page and search by date or topic. Or search this site in SearchEstinAspen.com on the menu bar. If it’s about Aspen real estate, chances are there’s something about it here. Follow @EstinAspen on twitter for Aspen Snowmass real estate news, market updates, statistics, commentary and reports or subscribe to RSS feeds with the button on the left.

Link to The Estin Report: Aspen Snowmass 2010 Year End Summary

High End Dominates Aspen Real Estate Sales: (10) Solds > $10MM 2011 YTD Link is valid for 30 days until 8/5/11.

Last Week’s Market Highlights – Aspen Snowmass Real Estate Sales and Under Contract Activity: Last week’s real estate sold and under contract activity appears below for the upper Roaring Fork Valley for all property types over $250,000 in Aspen, Snowmass Village, Woody Creek and Old Snowmass excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of the closed properties are posted here to preserve an archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Last Week’s Aspen Real Estate Sales Statistics June 26 – July 3, 2011. And see Land Title’s May 2011 report for all Pitkin County real estate transfers released June 30, 11.

Under Contract / Pending (5): MLS# 121078, 119706, 118148, 121750, 118121. This link is valid for 30 days until 8/2/2011. Photos of under contracts /pending are not posted unless special circumstances dictate.

Closed (11): MLS# 108407, 112845, 117738, 117095, 115665, 120207, 119941, 121798, 112459, 121203, 119466. This link is valid for 30 days until 8/2/2011.

Select Sold Aspen Snowmass Properties Last Week (3)

SOLD MLS #108407 – single family home 1 mile from downtown in east Aspen/Independence area, 43151 Hwy 82 Aspen, CO: Sold Price: $13,000,000/$1,129 sq ft;

MLS #108407 – single family home 1 mile from downtown in east Aspen/Independence area, 43151 Hwy 82 Aspen, CO: Sold Price: $13,000,000/$1,129 sq ft; Ask Price: $17,000,000/$1,520 sq ft. (Original Price: $29,250,000 and 1,317 days on the market since 03/12/2007. The price dropped to $25M and then on 11/24/08, it was reduced further to $14.5M. Then on 7/12/09, it was raised to $17.5M) This is a beautiful french country/rocky mountain mix that is charming, cozy, of tremendous quality and uniqueness on 5 acres with a guest house opposite the 310 acre North Star Preserve, one of Aspen’s most revered nature oasis. (See stunning available North Star view property MLS 117832.) The 11,512 sq ft home has 8 bedrooms/6 baths/2 half bath with a 3-car garage. It was sold furnished. The broker’s description is, “Completely decorated in elegant western style and topped by a corrugated copper roof, this eight bedroom, six bath home rests on five acres surrounded by breathtaking natural beauty. The three level residence boasts 11,512 square feet enhanced by oak hardwood floors, antler chandeliers, custom wrought ironwork, five fireplaces featuring antique limestone mantels from France and an opulent antique chandelier in the dining room.” 2007 Taxes: $27,895 YR. Under Contract Date: 4/22/11; Sold Date: 6/28/11.(Photos and description courtesy of Joshua & Co.)

SOLD MLS #121203 – Two Creeks Subdivision ski-in/out home, 83 East Fork Lane Snowmass Village, CO: Sold Price: $11,000,000/$1,818 sq ft; Ask Price: $11,750,000/$1,942 sq ft.

it i

MLS #121203 – Two Creeks Subdivision ski-in/out home, 83 East Fork Lane Snowmass Village, CO: Original and Ask Price: $11,750,000/$1,942 sq ft. on the market 61 days. This is a 2002 built, 5 bedroom/5.5 bath, 6,050 sf home with 2-car garage on 1.08 acres sold furnished. 2009 Taxes: $26,687 Yr. The brokers description is, “By far one of the best and biggest lots in Two Creeks with direct ski access off Cascade Trail. Custom log style home built by Jack Wilke and designed by Michael Manchester. Dramatic spaces perfect for entertaining.” Under Contract Date: 06/01/11. Town of Snowmass Village Transfer tax of 1% payable buyer. (Photos and description courtesy of CB Aspen Brokers.)

SOLD: MLS # 120207 – Ski-in/ski-out single family home, 916 Pine Crest Drive Snowmass Village, CO: Sold Price: $16,000,000/$1,815 sq ft; Ask Price: $ 19,750,000/$2,241 sq ft

MLS # 120207 – Ski-in/ski-out single family home, 916 Pine Crest Drive Snowmass Village, CO: Ask Price: $ 19,750,000/$2,241 sq ft.

(Original Price: $24,500,000 and 1,600 days on the market since 02/11/07. Placed on market pre-construction.). This is a 2009 built 7 bedroom/7 bath/ 3 half bath, 8,812 sq ft home with 3-car garage on 5.67 acres. The broker’s description is, “The ultimate family ski in/out retreat, the largest home available in all of Snowmass with 7 bedrooms and the ability to add more. Situated on nearly 6 acres abutting national forest. Impressive water features, pool, Jacuzzi, and home theater. A maze of summer hiking/biking trails right out your back door.” 2010 Taxes: $43,070 Yr; HOA Dues: $5,4040 Yr. Under contract date:06/09/11. Town of Snowmass Village Transfer Tax of 1% payable by buyer. (Photos and description courtesy of Morris & Fyrwald, Sotheby’s Intl Realty.)

Tim Estin welcomes your business, inquiries and comments. Email him or call 970.920.7387. Subscribe to The Estin Report and Tim Estin’s Aspen Real Estate Blog.com on twitter @EstinAspen by clicking “Join the conversation” button below or click subscribe button in the menu bar on left:

new TWTR.Widget({ version: 2, type: ‘profile’, rpp: 4, interval: 6000, width: 250, height: 300, theme: { shell: { background: ‘#333333’, color: ‘#ffffff’ }, tweets: { background: ‘#000000’, color: ‘#ffffff’, links: ‘#4aed05’ } }, features: { scrollbar: false, loop: false, live: false, hashtags: true, timestamp: true, avatars: false, behavior: ‘all’ } }).render().setUser(‘EstinAspen’).start();