Aspen_Co_homes_for_sale_38_Pitkin_Way_1_Compass-1Aspen_Co_homes_for_sale_38_Pitkin_Way_5_Compass-1Aspen Real Estate Market  Last Week’s Sales: June 4 – 11, 23 – Week 23

Closed (7): MLS#s: 177508, 177506, 177383, 179402, 179035, 178920, 179180. This link is valid until 7/11/2023

Under Contract/Pending (6): MLS#s: 173626, 176645, 178231, 179476, 179516, 179525. This link is valid until  7/11/2023.

See other Aspen real estate market weekly blog postings, the monthly 10-page market snapshots (Apr to be posted week of May 1st. Mar 2023 & YTD (Q123 is posted) and bi-annual 32-pg market reports. The print version 2022 Year in Review H2 & YR 2022 (through Dec 6, 22) was released on Dec 19, 22 and is available outdoors  at Sotheby’s at 300 S Spring St #100 and Sotheby’s at 415 E. Hyman Ave, around town and at the airport. The online version (through Dec 31, 22) was posted Jan 10, 23.

Sold Properties Last Week.

MLS # 177508 – Red Mountain, 38 Pitkin Way, Aspen, CO; Sold Price: $15.375M/$2,444 sq ft; unfurnished. Sold Date: 06/05/2023. More details below photos.

MLS # 177508 – Red Mountain, 38 Pitkin Way, Aspen, CO; Sold Price: $15.375M/$2,444 sq ft; unfurnished. Sold Date: 06/05/2023. Ask Price: $24M (Original Price: $24M and on the market since 11/21/2022). This is a 1968 built and 1985 remodeled, 7 bedroom/6 bath/1 half-bath, 6,289 sq ft single-family home with 2 car garage on a 43,560 sq ft lot, or 1 acre. Tims comments: This lower Red Mountain chalet offers seven bedrooms with a Pitkin Way address. Situated on a rare flat acre with a peaceful pond and firepit, it provides convenient immediate bike/kike/walk access to the Rio Grand Trail, Aspen Institute, Aspen Music Festival Tent, and downtown Aspen. The property can be enjoyed as is or personalized by the new owner. With south-facing extraordinary views, close proximity to downtown, and a highly sought-after location, this is a special opportunity for discerning Aspen buyers. 2022 Taxes: $32,599; HOA Dues: $5,338. Under Contract Date: 03/31/2023; Sold Date: 06/05/2023. (Photos courtesy of Compass)

MLS # 177506 – Red Mountain, 42 Pitkin Way, Aspen, CO; Vacant land for sale; Sold Price: $15,375,000. Sold Date: 06/05/2023. More details below photos.

MLS # 177506 – Red Mountain, 42 Pitkin Way, Aspen, CO; Vacant land for sale; Sold Price: $15.375M. Sold Date: 06/05/2023. Ask Price: $25M. (Original Price: $25M and on the market since 11/21/2022). This is a 0.83 acres, or 36,154 sq ft. Tim’s comments:  This almost one-acre lot, adjacent to 38 Pitkin Way above, in Pitkin Reserve offers a prime location on lower Red Mountain. This location is prized for its views and close in-town proximity. The flat building site presents stunning views of Aspen Mountain, The Highlands, and Buttermilk. Adjacent to the Rio Grand Trail, the property allows convenient access to the Aspen Institute, the Aspen Music Festival Grounds and Tent and downtown Aspen. Emphasizing the importance of location, this pristine lot is an ideal choice for potential buyers. 2022 taxes: $98,345. Under Contract Date: 03/31/2023; Sold Date: 06/05/2023. (Photos and broker comments courtesy of Compass)

MLS # 179402 – East Addition, Central Core, 550 Riverside Avenue Unit 1, Aspen, CO; Sold Price: $1.3M/$2,574 sq ft; unfurnished. Sold Date: 06/06/2023. More details below photos.

MLS # 179402 – East Addition, Central Core, 550 Riverside Avenue Unit 1, Aspen, CO; Sold Price: $1.3M/$2,574 sq ft; unfurnished. Sold Date: 06/06/2023. Ask Price: $1.195M (Original Price: $1.195M and on the market since 05/26/2023). This is a 1960 built, 1 bedroom/1 bath, 505 sq ft single-family home. Tim’s comments:  Sold prior to the MLS. The condo is located in a wooded setting near the river and within walking distance east of town and close to bus shuttle network in the winter. 2022 Taxes: $1,441; HOA Dues: $2,400. Under Contract Date: 05/19/2023; Sold Date: 06/06/2023. (Photos courtesy of Aspen Snowmass Sotheby’s SS)

MLS # 179180 – Inn At Aspen, West Aspen, 38750 Highway 82 1137, Aspen, CO; Sold Price: $381,000/$1,076 sq ft; furnished. Sold Date: 06/02/2023. More details below photos.

MLS # 179180 – Inn At Aspen, West Aspen, 38750 Highway 82 1137, Aspen, CO; Sold Price: $381,000/$1,076 sq ft; furnished. Sold Date: 06/02/2023. Ask Price: $375,000 (Original Price: $375,000 and on the market since 05/12/2023). This is a 1969 built, 1 bath, 354 sq ft condo. Tim’s comments: 1st floor double queen suite with ski-in, ski-out access to Buttermilk Ski Mountain. Inn at Aspen provides complimentary van service to the airport and downtown areas. Situated 2.5 miles from downtown Aspen, offering excellent HOA amenities (pool, gym, free shuttle, 24-hour front desk, housekeeping, free parking, etc.). This property cannot be used as a full-time residence and is required to be a part of the onsite short term rental management pool. Owners are not allowed to VRBO or AirBnB. No long term rental allowed. Owner use is restricted to 28 consecutive days or 42 days total during High Season. The intent of these rules is to make sure the Inn is an operable, functioning short term hotel. 2022 Taxes: $589; HOA Dues: $7,406. Under Contract Date: 05/17/2023; Sold Date: 06/02/2023. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 177383 – Country Club Homes, Snowmass Village, 408 Snowmass Club Circle 11, Snowmass Village, CO; Sold Price: $4M/$1,406 sq ft; unfurnished. Sold Date: 06/07/2023. More details below photos.

MLS # 177383 – Country Club Homes, Snowmass Village, 408 Snowmass Club Circle 11, Snowmass Village, CO; Sold Price: $4M/$1,406 sq ft; unfurnished. Sold Date: 06/07/2023. Ask Price: $4.75M (Original Price: $5.497 and on the market since 11/06/2022). This is a 1985 built and 2016 remodeled, 3 bedroom/3 bath/1 half-bath, 2,844 sq ft town home with 2 car garage. Tim’s comments: This updated Country Club Townhome is perfectly positioned on the 2nd fairway of the Snowmass Club Golf Course, offering views of the Snowmass Ski Area. With 2,844 square feet of living space, the home features a well-designed floor plan that maximizes natural light. The gourmet kitchen is equipped with custom upgrades, a pantry, and high-end appliances. The open living concept connects the kitchen, dining room, and great room, which includes a gas-burning fireplace and a spacious outdoor patio for entertaining. Upstairs, a bonus room can function as a 4th bedroom or office. The primary bedroom showcases stunning views and upgraded en suite bathroom. Two additional full-sized bedrooms and a two-car garage complete this exceptional property. Even more perfect, the home is located just a short walk from Snowmass Club amenities and with easy access to the Village Shuttle. See Snowmass Village Map. 2021 Taxes: $7,271; HOA Dues: $19,495. Under Contract Date: 05/11/2023; Sold Date: 06/07/2023. (Photos courtesy of Engel & Volkers)

MLS # 179035 – Stonebridge, Snowmass Village, 30 Anderson Lane 803, Snowmass Village, CO; Sold Price: $990,000/$1,382 sq ft; furnished. Sold Date: 06/07/2023. More details below photos.

MLS # 179035 – Stonebridge, Snowmass Village, 30 Anderson Lane 803, Snowmass Village, CO; Sold Price: $990,000/$1,382 sq ft; furnished. Sold Date: 06/07/2023. Ask Price: $999,000 (Original Price: $ 999,000 and on the market since 05/01/2023). This is a 1969 built and 1985 remodeled, 1 bedroom/2 bath, 716 sq ft condo with assigned car garage. Tim’s comments: Ground floor one bedroom/2 bath unit with direct access to skiing, biking, and hiking. Updated appliances, a full shower in the second bath, 2 patios, and a designated parking space. Stonebridge Condominiums in Snowmass Village offer a convenient location between Base Village and Snowmass Mall. Amenities include a pool, hot tubs, fitness area, dedicated rental and management staff on-site, and responsive ownership group. Easy access via Carriage Way and Anderson Lane. Designated parking space is across from entrance marked 803. See Snowmass Village condo map. 2022 Taxes: $1,653; HOA Dues: $11,459. Under Contract Date: 05/01/2023; Sold Date: 06/07/2023. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS # 178920 – Timberline, Snowmass Village, 690 Carriage Way D2B, Snowmass Village, CO; Sold Price: $795,000/$1,157 sq ft; furnished. Sold Date: 06/05/2023. More details below photos.

MLS # 178920 – Timberline, Snowmass Village, 690 Carriage Way D2B, Snowmass Village, CO; Sold Price: $795,000/$1,157 sq ft; furnished. Sold Date: 06/05/2023. Ask Price: $799,000 (Original Price: $799,000 and on the market since 04/21/2023). This is a 1972 built and 2021 remodeled, 1 bedroom/1 bath, 687 sq ft condo. Tim’s comments:  Ski-in/ski-out one bedroom, one bath Timberline condo in Snowmass with a strong rental history. Owners can enjoy up to 90 days of personal use per year. Additional amenities include a slope-side pool, jacuzzi, outdoor BBQ area, fitness center, on-demand shuttle service (including airport transportation), and an on-site restaurant. Conveniently located near Snowmass Village with great shopping and dining options. See Snowmass Village condo map. 2022 Taxes: $1,325; HOA Dues: $12,300. Under Contract Date: 04/25/2023; Sold Date: 06/05/2023. (Photos courtesy of Compass)

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