The Estin Report: May and YTD 2015 Aspen Snowmass Real Estate Market Snapshot was released late Monday, 06/02/15 inCurrent Reports.
The Estin Report: The 4th Quarter and Year 2014 State of the Aspen Real Estate Market was released online Feb 7th inCurrent Reports.The print edition is available in racks around town and at Sotheby’s offices at 415 Hyman St Mall and 300 Spring Street (my office) opposite the new Aspen Art Museum.
See recent Before/After redevelopment ‘flip job’ examplesin Miscellaneous Info. These are properties that have been recently or are currently being redeveloped for re-sale. This post is updated (last -05/07/15) as additional re-sale properties come on the market at significantly higher prices.
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 useSearchEstinAspenin 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 24, June 7 – 14, 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 posted here to preserve an archive of sold market activity.
Closed (10):MLS #’s:137271,137573,132930,133292,134510,134832,136237,136651,138549,138658. This link is valid until 07/14/2015.
Under Contract/Pending (9):MLS#’s:137600,134574,135024,136717,137062,137463,138814,139023,139373. This link is valid until07/14/2015.
Aspen Snowmass Solds Last Week:
MLS #134510 – Brush Creek Village – West Aspen, 2909 Juniper Hill Drive, Aspen, CO: Sold Price: $4,175,000/$825 sq ft; furnished. More details below photos.
MLS #134510 – Brush Creek Village – West Aspen, 2909 Juniper Hill Drive, Aspen, CO: Sold Price: $4,175,000/$825 sq ft; furnished; Asking Price: $4,750,000. (Original Price: $4,750,000 and 557 days on the market since 06/14/2013.) This is a 2002 built, 4 bedroom/4 bath/2 half-bath, 5,056 sq ft single family home with 2 car garage on a 35 acre lot. Broker comments are, “35 acres of stunning panoramic views with a beautiful stone & stucco home just 15 minutes from Aspen & Snowmass Village. Casa del Cielo is a majestic & serene mountaintop estate with absolute privacy & the finest views in the Roaring Fork Valley. This beautiful, lightly lived-in home is in pristine condition with sunrise to sunset panoramic views from every room. The spacious, open floor plan features gorgeous antique hickory floors with the living room, dining room & gourmet granite kitchen opening to terraces, views & landscaped lawns overlooking mountains & meadows. All four en suite bedrooms & the executive office enjoy privacy & sunny walk-out terraces. Entering this home through the grand foyer with floor to ceiling views, you will feel like you are on top of the world. Spectacular, one of a kind views with supreme privacy. At Casa de Cielo, you will never want to leave.” 2014 Taxes: $7,050; HOA Dues: $2,600 per Year. Under Contract Date: 05/02/2015; Sold Date: 06/12/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #138549 – Eastwood, East Aspen, 64 Eastwood Drive, Aspen, CO: Sold Price: $3,200,000/$1,155 sq ft; unfurnished. More details below photos.
MLS #138549 – Eastwood, East Aspen, 64 Eastwood Drive, Aspen, CO: Sold Price: $3,200,000/$1,155 sq ft; unfurnished; Asking Price: $3,400,000. (Original Price: $3,400,000 and only 64 days on the market since 04/06/2015.) This is a 1972 built and 2006 completely remodeled, 4 bedroom/3 bath/1 half-bath, 2,769 sq ft single family home with 2 car garage on a 17,112 sq ft lot. Broker comments are “A wonderful home that has it all. Enjoy all day sun and a great flat yard in lower Knollwood. The property has fantastic views of Independence Pass and the east side of Aspen Mountain. A spacious deck off of the living area provides additional entertaining space or a great place to relax and unwind. The home features an open floor plan with high ceilings and generous windows. Four bedrooms and three and a half baths provide room for family and friends. The master suite features a walkout deck, hot tub, and a five star bathroom. Enjoy the easy access to town from the East Side. The whole family can easily bike to town and back without breaking a sweat from this convenient location!!! Additional FAR available.” 2014 Taxes: $6,477. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/29/2015; Sold Date: 06/09/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #134832 – The Gant Condominiums, Central Core, 610 S West End Street D-305, Aspen, CO: Sold Price: $2,000,000/$1,612 sq ft; furnished. More details below photos.
MLS #134832 – The Gant Condominiums, Central Core, 610 S West End Street D-305, Aspen, CO: Sold Price: $2,000,000/$1,612 sq ft; furnished; Asking Price: $2,150,000. (Original Price: $2,350,000 and 359 days on the market since 06/18/2014.) This is a 1972 built and 2010 remodeled, rare 3 bedroom/3 bath, 1,240 sq ft, top floor with vaulted ceilings, condo. Broker comments are “Absolutely amazing top floor residence with fabulous mountain views. Pitched ceilings with added skylights make this recently remodeled contemporary 3-bedroom, 3-bath extremely desirable. Third bedroom and bath located on a lower level with its own access is ideal for guests. Fully furnished and move-in ready, this deluxe rated condo will not last.” 2014 Taxes: $4,626; HOA Dues: $2,473 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/13/2015; Sold Date: 06/12/2015. (Photos and broker comments courtesy of BJ Adams and Company – Aspen)
MLS #137271 – Queen Victoria Condos, Central Core, 916 E Hopkins Avenue 101, Aspen, CO: Sold Price: $1,600,000/$1,560 sq ft; furnished. More details below photo.
MLS #137271 – Queen Victoria, Central Core, 916 E Hopkins Avenue 101, Aspen, CO: Sold Price: $1,600,000/$1,560 sq ft; furnished; Asking Price: $1,600,000. (Original Price: $1,600,000 and 149 days on the market since 01/12/2015.) This is a 1972 built and 2015 remodeled, 2 bedroom/2 bath, 1,025 sq ft condo. Broker comments are “Brand new remodel completed June 2015, this custom contemporary two-bed, two-bath 1,025 sq. ft. condominium is remarkable. This luxury unit in the downtown core offers a quiet, private retreat with beautiful Aspen Mountain views and all day sunlight. Clean lines, comfortable elegance and exquisite finishes combine to offer a level of detail expected in a luxury space. Walk to your favorite restaurants and shops or take a scenic hike up Smuggler with friends.” 2014 Taxes: $2,482; HOA Dues: $1,575 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/12/2015; Sold Date: 06/10/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)
MLS #138658 – Rivers Bend Condominiums, Woody Creek area, 4070 Lower River Road #14, Snowmass, CO: Sold Price: $262,000/$530 sq ft. More details below photos.
MLS #138658 – Rivers Bend Condominiums, Woody Creek, 4070 Lower River Road #14, Snowmass, CO: Sold Price: $262,000/$530 sq ft. Asking Price: $265,000. (Original Price: $265,000 and 442 days on the market since 06/28/2010.) This is an 1964, 1 bath/1 half-bath, 494 sq ft condo. Broker comments are “Affordable garden level condo with no deed restrictions. Fly fish, kayak or raft right outside your front door. Enjoy your morning coffee or sunset BBQ on the large common deck overlooking the river. This move-in ready one bedroom is just steps away from the Rio Grande Trail and RFTA bus stop. Excellent rental history.” 2013 Taxes: $466; HOA Dues: $327 per Month. Under Contract Date: 04/21/2015; Sold Date: 06/10/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Willits)
MLS #132930 – Little Elk Creek, Old Snowmass area, 0144 Haystack Lane, Snowmass, CO: Sold Price: $885,000/$275 sq ft. More details belw photos.
MLS #132930 – Little Elk Creek Subdivision, Old Snowmass area, 0144 Haystack Lane, Snowmass, CO: Sold Price: $885,000/$275 sq ft. Asking Price: $949,900. (Original Price: $1,299,000 and 478 days on the market since 02/12/2014.) This is an 1989 built, 3 bedroom/3 bath, 3,208 sq ft single family home with 3 car garage on a 43,560 sq ft lot. Broker comments are “Enjoy the majestic mountain views from this lovely log timber home. The log work on this home is remarkable. The lot backs up to ranch land and is very private. You are allowed 2 horses with a barn or stall. Many features including a sauna and lots of storage.” 2014 Taxes: $4,315; HOA Dues: $587 per Qtr. Under Contract Date: 05/01/2015; Sold Date: 06/05/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Willits)
MLS #137573 – Single Family Vacant Lot, Melton Ranch, Snowmass Village, 309 Terrace Drive Snowmass Village, CO: Sold Price: $970,000. More details below photo.
MLS #137573 – Single Family Vacant Lot, Melton Ranch, Snowmass Village, 309 Terrace Drive Snowmass Village, CO: Sold Price: $970,000; Asking Price: $1,100,000. (Original Price: $1,100,000 and 1,776 days on the market since 11/12/2008.) This is a 25,484 sq ft single family lot in Snowmass Village. Broker comments are “Rare outstanding lot in Melton Ranch neighborhood. Views to Owl Creek and up to Snowmass Ski area. There are under ground utilities to the site. 3822 FAR (Floor Area Ratio) above grade, plus 15% basement plus 700 square foot garage. Partial house plans are completed.” 2014 Taxes: $10,307; HOA Dues; $50 per Year. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/25/2015; Sold Date: 06/09/2015.(Photos and broker comments courtesy of Stirling Peak Properties, LLC)
MLS #136237 – Woodbridge Condos, Snowmass Village, 35 Upper Woodbridge Road 32ab, Snowmass, CO: Sold Price: $470,000/$519 sq ft; furnished. More details below photos.
MLS #136237 – Woodbridge Condos, Snowmass Village, 35 Upper Woodbridge Road 32ab, Snowmass, CO: Sold Price: $470,000/$519 sq ft; furnished. Asking Price: $495,000. (Original Price: $505,000 and 240 days on the market since 09/24/2014.) This is an 1973 built and 2014 remodeled, 2 bedroom/2 bath, 904 sq ft condo. Broker comments are “Recently remodeled, this is the Woodbridge with the best ski location in the complex. Just about 100 yards to the ski bridge connecting to Assay Hill. The condo backs up to open space with views of the Rim Trail. A short stroll via the bike path to the grocery. The only building in Woodbridge with front and back decks – to catch the sun all day long. Slab granite in kitchen with new appliances, marble tile in bathrooms, new 52 inch TV, gas fireplace and beautiful furnishings. Plenty of outdoor storage for skis. Complex has pool and jacuzzi and low dues. All utilities included in HOA fees. Perfect for short term or full time living. Sold furnished and totally turnkey.” 2014 Taxes: $1,503; HOA Dues: $2,250 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/13/2015; Sold Date: 06/08/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)
MLS #133292 – Snowmass Mountain Condominiums, Snowmass Village, 55 Upper Woodbridge Road K-1, Snowmass, CO: Sold Price: $468,000/$488 sq ft; unfurnished. More details below photos.
MLS #133292 – Snowmass Mountain Condominiums, Snowmass Village, 55 Upper Woodbridge Road K-1, Snowmass, CO: Sold Price: $468,000/$488 sq ft; unfurnished. Asking Price: $509,000. (Original Price: $515,000 and 423 days on the market since 03/04/2014.) This is an 1973 built and 2014 remodeled, 2 bedroom/2 bath, 959 sq ft condo. Broker comments are “Premier 2014 remodel at its finest. Hand hewn Douglas fir beams and plaster walls give this two bedroom condominium the perfect balance between contemporary and mountain modern appeal. A mix of hand scraped hickory flooring and Italian ceramic tile mesh perfectly throughout the home. Enjoy the Melton ranch trail right out your back door while soaking up the wonderful southern exposure sun. Brand new remodel, wonderful views, low HOA fees and close proximity to everything Snowmass Village has to offer give this condominium superior value in today’s market. Completed June 1st, 2014” 2013 Taxes: $903; HOA Dues: $1,430 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/26/2015; Sold Date: 05/01/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #136651 – Lichenhearth Condominiums, Snowmass Village, 150 Carriage Way Way Unit # 31, Snowmass, CO: Sold Price: $325,000/$493 sq ft;furnished. More details below photos.
MLS #136651 – Lichenhearth Condominiums, Snowmass Village, 150 Carriage Way Way Unit # 31, Snowmass, CO: Sold Price: $325,000/$493 sq ft; furnished. Asking Price: $351,000. (Original Price: $390,000 and 213 days on the market since 11/11/2014.) This is an 1968 built and 2010 remodeled, 1 bath/1 half-bath, 658 sq ft condo. Broker comments are “Exterior Renovation of the Lichenhearth now complete!! New Elevator, new staircases, new common area updates! This offering is a TOP FLOOR CORNER Unit with HIGH CEILINGS and extra windows. Added half bath. Great mountain views (see photos). Great location, easy ski in ski out access. Call listing agent regarding existing Special assessment.” 2013 Taxes: $1,140; HOA Dues: $1,890 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/19/2015; Sold Date: 06/12/2015. (Photos and broker comments courtesy of Exclusive Properties of Aspen and Snowmass LLC)
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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 at970.309.6163or by email.The Estin Report is copyrighted 2015 and all rights reserved. Use is permitted subject to the following attribution with a live link to the source:“The Estin Report on Aspen Real Estate.”
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