Aspen Real Estate Market Last Week’s Sales: Mar 21 – 28, 21 – Week 13
Closed (13) + Under Contract / Pending (16). [To view the new blog post, you may have to “Clear your Browser Settings”. Go to: Chrome browser/more tools/clear browsing data.]
The Feb 2021 Market Snapshot was posted Mar 3rd in Current Reports– a 10-Pg report on monthly and YTD sales with overall sales numbers and sales broken down by property type and neighborhood. The Mar 2021 Snapshot will be posted April 2nd or 3rd. It is posted on or near the 1st Monday of the month.
Bottom Line: Mar 22, 2021: The Aspen real estate market continues to sizzle along…High demand, low inventory, historic low interest rates, a search for space, privacy, high taxes in certain areas and changing work patterns are helping to push prices higher. Well priced attractive properties are going under contract within days of appearing in the MLS, if not before.
The Estin Report Aspen Snowmass 2021 ws was released Jan 8, 21 in Current Reports. It can be read online or downloaded as PDF. A 32-Pg print edition is available outside Sotheby’s 415 E Hyman on the Hyman Mall, Sotheby’s 300 S Spring St (my office across from the Aspen Art Museum), at the Aspen Chamber Information Kiosk across from Paradise Bakery and the Pitkin County (ASE) airport. If you have difficulty downloading the report PDF, please contact me directly and I’d be pleased to send it.
Blog Post: Mar 21 – 28, 2021 Aspen CO real estate market activity, Week 13
Closed (13): MLS#s: 168331, 141831, 155988, 159550, 165356, 166708, 167037, 168400, 168566, 168731, 168881, 168940, 169201. This link is valid until 4/27/2021.
Under Contract/Pending (16): MLS#s: 165364, 166655, 166757, 167689, 167955, 168351, 168404, 168827, 169090, 169123, 169147, 169154, 169155, 169157, 169158, 169240. This link is valid until 4/27/2021.
Sold Properties Last Week:
MLS #141831 – One Aspen Townhomes, South Aspen Street, Central Core, 717 S Aspen Street Unit A, Aspen, CO; Sold Price: $12,000,000/$2,736 sq ft; unfurnished. Sold Date: 03/22/2021. More details below photos.
MLS #141831 – South Aspen Street, Central Core, 717 S Aspen Street Unit A, Aspen, CO; Sold Price: $12,000,000/$2,736 sq ft; unfurnished. Sold Date: 03/22/2021. Aspen townhomes for sale. Ask Price: $12,195,000. (Original Price: $11,600,000 and 1,938 days on the market since 12/01/2015.) This is a 2017 built, 3 bedroom/4 bath/1 half-bath, 4,385 sq ft townhome with 2 car garage on a 42,469 sq ft lot. Broker comments are “Where it all began! Located at the base of Aspen Mountain and adjacent to the prized Lift 1A, One Aspen is a highly anticipated offering and the last of its kind. With only one home left for sale, the collection of fourteen mountainside residences is as close to recreation paradise as it is to the downtown heartbeat. And with its modern lines, spacious layouts, and coveted outdoor living spaces, it might just be the best Aspen address yet. Incredible opportunity to get in to this neighborhood before the new ski lift is constructed to replace the current Lift 1A! A public vote approved a new chairlift (and two new hotels) to be constructed on South Aspen Street. Once those improvements are in place the ski and chairlift access to Aspen Mountain will be across the street.” 2021 taxes: $22,411; HOA Dues: $17,595. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/20/2021; Sold Date: 03/22/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #155988 – Red Mountain Ranch, Red Mountain, 1683 Red Mountain Road, Aspen, CO; Sold Price: $10,950,000/$1,587 sq ft; partially furnished. Sold Date: 03/25/2021. More details below photos.
MLS #155988 – Red Mountain Ranch, Red Mountain, 1683 Red Mountain Road, Aspen, CO; Sold Price: $10,950,000/$1,587 sq ft; partially furnished. Sold Date: 03/25/2021. Aspen homes for sale. Ask Price: $12,500,000. (Original Price: $12,995,000 and 814 days on the market since 09/05/2018.) This is a 1979 built and 2016 remodeled, 7 bedroom/6 bath/1 half-bath, 6,899 sq ft townhome with 3 car garage on a 1.02 acres lot. Broker comments are “The views are endless from Independence Pass to Mt. Sopris, and so is the potential for this rare and magnificent location and home set high atop Red Mountain Ranch. With floor to ceiling windows, this 7,000 square foot home captures the most breathtaking views in Aspen and beyond. What is great now can be even more spectacular with the vision to transform the existing home into a truly one of a kind Aspen living experience. A flat and completely usable one-acre site allows for extraordinary indoor/outdoor living and entertaining and total privacy. The charming current home consists of 6 bedrooms (plus a sitting room with a Murphy bed – making it a 7th bedroom), 6 full baths (four with heated floors), multiple living, den and office spaces, a wood-burning fireplace in the family room adjacent to the kitchen, an extra-large three car garage, forced air heat and full air conditioning. There is expansion potential to approximately 10,000 square feet with space for a swimming pool, and remodel plans are already completed by Aspen architect John Galambos. A rare opportunity with no comparable options.” 2021 taxes: $22,791; HOA Dues: $3,672. Under Contract Date: 01/22/2021; Sold Date: 03/25/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #168566 – Castle Creek, West Aspen, TBD N Hayden Road, Aspen, CO; Vacant 10 acre lot for sale; Sold Price: $5,100,000. Sold Date: 03/23/2021. More details below photos.
MLS #168566 – Castle Creek, West Aspen, TBD N Hayden Road, Aspen, CO; Vacant lot for sale; Sold Price: $5,100,000. Sold Date: 03/23/2021. Aspen lots for sale. Ask Price: $5,250,000. (Original Price: $5,250,000 and 40 days on the market since 02/11/2021.) This is a 10.65 acres single family lot. Broker comments are “An exciting combination of modern architecture by Cristof Eigelberger and natural beauty on 10.65 acres in the Castle Creek Valley. Aspen Mountain views to the east include Ruthies Run, Hayden Peak lies to the south, and mature pines brush the landscape. Land use approvals have been secured and the building permit for a new 5,750 SqFt home is ready to be picked up. A rare opportunity to begin construction immediately on the only available lot in Castle Creek Valley Ranch. Close to trails, local schools, world class cycling, cross country skiing, and merely 3 miles to the arts and culture of downtown Aspen.” 2020 taxes: $26,829; HOA Dues: $2,000. Under Contract Date: 02/22/2021; Sold Date: 03/23/2021. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)
MLS #165356 – West Aspen, 1333 Snowbunny Lane, Aspen, CO; Sold Price: $3,000,000/$1,578 sq ft; furnished. Sold Date: 03/24/2021. More details below photos.
MLS #165356 – West Aspen, 1333 Snowbunny Lane, Aspen, CO; Sold Price: $3,000,000/$1,578 sq ft; furnished. Sold Date: 03/24/2021. Aspen duplex/half-duplex for sale. Ask Price: $3,163,000. (Original Price: $3,163,000 and 254 days on the market since 07/13/2020.) This is a 2000 built and 2019 remodeled, 4 bedroom/2 bath/1 half-bath, 1,900 sq ft duplex/half-duplex with 1 car garage on a 9,424 sq ft lot. Broker comments are “Light and bright, mountain modern family home on Snowbunny Lane. Fantastic Neighborhood. Expansive yard. 3 bedrooms+ den. Moments from golf in the summer and cross country skiing in the winter. Around the corner from public transportation. Room to grow with approximately 720 square feet of additional FAR. Also a great rental opportunity, priced at a 3.1 cap rate.” 2019 taxes: $4,973. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/26/2020; Sold Date: 03/24/2021. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)
MLS #168331 – South Point, Condominium, Central Core, 205 E Durant Avenue 3-I, Aspen, CO; Sold Price: $2,650,000/$2,704 sq ft; furnished. Sold Date: 03/25/2021. More details below photos.
MLS #168331 – South Point, Condominium, Central Core, 205 E Durant Avenue 3-I, Aspen, CO; Sold Price: $2,650,000/$2,704 sq ft; furnished. Sold Date: 03/25/2021. Aspen condos for sale. Ask Price: $2,700,000. (Original Price: $2,700,000 and 67 days on the market since 01/17/2021.) This is a 2 bedroom/2 half-bath, 980 sq ft condo. Broker comments are “Top floor, light and bright with incredible views! 980sf two bedroom, two bath with private balcony, skylights, fireplace, air conditioning, washer and dryer. Recently renovated lobby and common areas. Garage parking, ski locker, large storage room. The semi-annual HOA dues of $3,388.75 include $2,981.68 for Operating + $407.07 for Reserves. A Special Assessment of $7,560.00 for modernization of the elevator will be paid by the Seller. $200 HOA transfer fee at closing. Great rental history. See MLS Documents for Lift One Lodge and Gorsuch Haus site plans.” 2020 taxes: $5,455; HOA Dues: $6,777. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/10/2021; Sold Date: 03/25/2021. (Photos and broker comments courtesy of Setterfield & Bright)
MLS #168400 – Gant, Condominium, Central Core, 610 S West End Street C101, Aspen, CO; Sold Price: $2,485,000/$1,941 sq ft. Sold Date: 03/22/2021. More details below photos.
MLS #168400 – Gant, Condominium, Central Core, 610 S West End Street C101, Aspen, CO; Sold Price: $2,485,000/$1,941 sq ft. Sold Date: 03/22/2021. Aspen condos for sale. Ask Price: $2,495,000. (Original Price: $2,495,000 and 178 days on the market since 11/20/2019.) This is a 3 bedroom/3 half-bath, 1,280 sq ft condo. Broker comments are “This is your opportunity to own a desirable three-bedroom, ground floor, corner unit at The Gant. This perfect home base in Aspen provides all the amenities immediately out your door. Ride your bike up to the main patio (a rare extra-large patio perfect to gather the whole family), and enjoy the relaxing stream off the 2nd side patio. Bring your dogs and walk a few blocks to the center of town. In the winter, experience speedy door-to-ski slope transportation and return from the mountains with ease. Enjoy the hot tub before settling in by the wood burning fireplace. Easy access to the pool, cafe, gym, transportation, concierge, front desk, bell staff, tennis courts conference center, and much more.” 2020 taxes: $3,877; HOA Dues: $33,479. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/20/2021; Sold Date: 03/22/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #168940 – Hunter Creek, Condominium, Smuggler, 312 Vine Street, Aspen, CO; Sold Price: $863,150/$983 sq ft; unfurnished. Sold Date: 03/25/2021. More details below photos.
MLS #168940 – Hunter Creek, Condominium, Smuggler, 312 Vine Street, Aspen, CO; Sold Price: $863,150/$983 sq ft; unfurnished. Sold Date: 03/25/2021. Aspen condos for sale. Ask Price: $895,000. (Original Price: $895,000 and 19 days on the market since 03/06/2021.) This is a 1980 built and 1999 remodeled, 2 bedroom/2 bath, 878 sq ft condo. Broker comments are “Chance to own a 2 bedroom, 2 bathroom, ground floor Hunter Creek unit. This unit is located on the backside of the building, providing a private setting. Access to shared tennis courts, outdoor pool, and outdoor jacuzzi.” 2020 taxes: $2,251; HOA Dues: $9,120. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/08/2021; Sold Date: 03/25/2021. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS #168881 – Independence Square, Condominium, Central Core, 404 S Galena Street 307, Aspen, CO; Sold Price: $644,019/$2,146 sq ft; furnished. Sold Date: 03/25/2021. More details below photos.
MLS #168881 – Independence Square, Condominium, Central Core, 404 S Galena Street 307, Aspen, CO; Sold Price: $644,019/$2,146 sq ft; furnished. Sold Date: 03/25/2021. Aspen condos for sale. Ask Price: $619,000. (Original Price: $619,000 and 23 days on the market since 03/02/2021.) This is a 1889 built and 2019 remodeled, studio/1 3/4-bath, 300 sq ft condo. Broker comments are “Here’s your chance to own an incredible, newly remodeled studio condo in the middle of the core. Just steps away from The Silver Queen Gondola this third-floor condo, with in-room views of Independence Pass, has everything you will need for worry-free living in Aspen. After a day of hiking, biking, skiing or shopping at one of our world-class shops, enjoy the amazing rooftop hot tub with 360 degree views of Aspen and the surrounding mountains. Sold fully turnkey, this air-conditioned condo enjoys ease of ownership with a fully staffed front desk and rental program, breakfast buffet, ski lockers and on-site laundry facilities.” 2020 taxes: $1,421; HOA Dues: $14,208. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/08/2021; Sold Date: 03/25/2021. (Photos and broker comments courtesy of Compass Aspen)
MLS #169201 – Park Circle, Condominium, Smuggler, 425 Park Circle A2, Aspen, CO; Sold Price: $590,000/$944 sq ft. Sold Date: 03/24/2021. More details below photo.
MLS #169201 – Park Circle, Condominium, Smuggler, 425 Park Circle A2, Aspen, CO; Sold Price: $590,000/$944 sq ft. Sold Date: 03/24/2021. Aspen condos for sale. Ask Price: $590,000. (Original Price: $590,000 and on the market since 03/24/2021.) This is a 1975 built, 1 bedroom/1 bath, 625 sq ft condo. Broker comments are “Sold before MLS.” 2020 taxes: $1,148. Under Contract Date: 03/24/2021; Sold Date: 03/24/2021. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)
MLS #159550 – Wood Run, 84 Pine Lane, Snowmass Village, CO; Sold Price: $5,475,000/$1,237 sq ft; furnished. Sold Date: 03/19/2021. More details below photos.
MLS #159550 – Wood Run, 84 Pine Lane, Snowmass Village, CO; Sold Price: $5,475,000/$1,237 sq ft; furnished. Sold Date: 03/19/2021. Snowmass Village homes for sale. Ask Price: $5,950,000. (Original Price: $6,950,000 and 1,162 days on the market since 01/23/2017.) This is a 1990 built, 4 bedroom/4 bath/1 half-bath, 4,425 sq ft single family home with 2 car garage on a 33,294 sq ft lot. Broker comments are “Are you looking for A+ ski access in Snowmass? Or, hiking and mountain biking right outside your front door? Located at the point of Woodrun where you have ski access to both Alpine Springs lift in one direction or go down Coffee Pot direct to the Coney Glade chair! Direct access to world class hiking and mountain biking from this location. Top of the world views from one of the most private lots you will find. This stunning mountain contemporary home has won multiple architectural awards. Set in a private mountain meadow amongst mature wildflowers surrounding the home adjacent to hundreds of acres of forest service land. Simple materials combine to make a luxurious statement.” 2020 taxes: $21,659; HOA Dues: $90. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/14/2021; Sold Date: 03/19/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)
MLS #167037 – Top of Village, Condominium, 855 Carriage Way 409, Snowmass Village, CO; Sold Price: $985,000/$912 sq ft; furnished. Sold Date: 03/22/2021. More details below photos.
MLS #167037 – Top of Village, Condominium, 855 Carriage Way 409, Snowmass Village, CO; Sold Price: $985,000/$912 sq ft; furnished. Sold Date: 03/22/2021. Snowmass Village condos for sale. Ask Price: $1,095,000. (Original Price: $1,095,000 and 165 days on the market since 10/08/2020.) This is a 1974 built and 2011 remodeled, 2 bedroom/2 bath, 1,080 sq ft condo with 1 car garage. Broker comments are “Stunning Top Floor Vaulted Ceiling Remodel located in the preferred Slope Building, with easy access to pool, jacuzzi, conference room, and front desk. Elevator access to covered parking and ski-in, ski out access to Dawdler. Need 4 bedrooms? Buy both Slope 408 and 409 and combine them. This has been done at TOV in the past and would require appropriate approvals.https://my.matterport.com/show/?m=rYLzYuJ6TBe&mls=1” 2020 taxes: $2,936; HOA Dues: $13,934. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/19/2021; Sold Date: 03/22/2021. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)
MLS #168731 – Country Club Villas, Condominium, 150 Snowmass Club Circle #1537, Snowmass Village, CO; Sold Price: $860,000/$894 sq ft; furnished. Sold Date: 03/24/2021. More details below photos.
MLS #168731 – Country Club Villas, Condominium, 150 Snowmass Club Circle #1537, Snowmass Village, CO; Sold Price: $860,000/$894 sq ft; furnished. Sold Date: 03/24/2021. Snowmass Village condos for sale. Ask Price: $885,000. (Original Price: $885,000 and 30 days on the market since 02/22/2021.) This is a 1987 built, 2 bedroom/2 bath, 961 sq ft condo. Broker comments are “Pending prior to listing.” 2020 taxes: $2,205; HOA Dues: $12,200. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/22/2021; Sold Date: 03/24/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)
MLS #166708 – Woodbridge, Condominium, 35 Upper Woodbridge Road Unit 24-EF, Snowmass Village, CO; Sold Price: $570,000/$625 sq ft; unfurnished. Sold Date: 03/25/2021. More details below photos.
MLS #166708 – Woodbridge, Condominium, 35 Upper Woodbridge Road Unit 24-EF, Snowmass Village, CO; Sold Price: $570,000/$625 sq ft; unfurnished. Sold Date: 03/25/2021. Snowmass Village condos for sale. Ask Price: $585,000. (Original Price: $585,000 and 184 days on the market since 09/22/2020.) This is a 1973 built, 2 bedroom/2 bath, 912 sq ft condo. Broker comments are “Just in time for ski season! This 3rd floor 2 bedroom/2 bath unit has a rare storage loft for all your toys. It has a great open floorplan with vaulted ceilings that was remodeled in 2010. The bedrooms back up to open space for some well-deserved peace and quiet. The pool and hot tub are just steps from your front door. You can catch the Snowmass shuttle at the bottom of the stairs to access all Snowmass Village has to offer. Very easy to show with short notice.” 2019 taxes: $1,887; HOA Dues: $11,945. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/03/2020; Sold Date: 03/25/2021. (Photos and broker comments courtesy of Pinnacle Properties & Development)
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