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.
The Estin Report: March 2015 Aspen Snowmass Real Estate Market Snapshot was released early April 4, 2015 inCurrent Reports
See recent Before/After redevelopment ‘flip job’ examplesin prior 02/01/15 post. These are properties that have been recently or are currently being redeveloped for re-sale. This postis being updated 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 13, March 22 – 29, 2015 Below
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 (8):MLS #’s:124262,133104,134856,134978,136432,137059,138169,138171. This link is valid until 04/28/2015.
Under Contract/Pending (14):MLS#’s:128047,129994,132947,133438,133656,136339,136824,136829,137088,137111,137492,138051,138086,138131. This link is valid until 04/28/2015.
Aspen Snowmass Solds Last Week:
MLS #133104 – Aspen Highlands, West Aspen, 105 Thunderbowl Road Unit 4, Aspen, CO: Sold Price: $4,700,000/$863 sq ft; furnished. More detials below photos.
MLS #133104 – Aspen Highlands, West Aspen, 105 Thunderbowl Road Unit 4, Aspen, CO: Sold Price: $4,700,000/$863 sq ft; furnished; Asking Price: $4,975,000. (Original Price: $4,750,000 and 394 days on the market since 02/23/2014.) This is a 2008 built, 4 bedroom/5 bath/1 half-bath, 5,445 sq ft duplex/half duplex with 2 car garage on a 4,313 sq ft lot. Broker comments are “Aspen – Slopeside Luxury At Highlands Biking up to the Maroon Bells, or skiing the bowl. Unwind in your ski-in/ski-out Thunderbowl Townhome. Relax in front of the fire with the same natural elements as the outdoors stackedstone, wood beams, granite and marble. Unit comes fully furnished, and totally turnkey including artwork. Includes use of Ritz-Carlton pool and fitness center at Elk Horn Lodge.” 2014 Taxes: $21,393; HOA Dues: $5,332. Under Contract Date: 12/27/2014; Sold Date: 03/24/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #134856 – Single Family Vacant Lot, Stage Rd PUD/Subd, West Aspen, Tbd Lot 7 Stage Road, Aspen, CO: Sold Price: $3,950,000. More details below photos.
MLS #134856 – Single Family Vacant Lot, Stage Rd PUD/Subd, West Aspen, Tbd Lot 7 Stage Road, Aspen, CO: Sold Price: $3,950,000; Asking Price: $4,575,000. (Original Price: $4,575,000 and 260 days on the market since 06/20/2014.) This is a 155,509 sq ft single family lot in Aspen. Broker comments are”Double Bar X Ranch, River Parcel Lot #7 Incredible views spanning Continental Divide, ski areas and overlooking Maroon Creek. FAR is 7,500 sq ft plus additional 1,000 sq ft ADU – All above grade. May add additional 2,500 sq ft with TDR. Double Bar X Ranch has terrific amenities to include irrigated horse pasture, 17 acre nature preserve with private fishing on Roaring Fork, ponds, hiking and biking trails.” 2014 Taxes:$24,317. Under Contract Date: 01/23/2015; Sold Date: 03/24/2015.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)
MLS #138169 – Ridge of Red Mt, Red Mountain, 0047 Bennett Court, Aspen, CO: Sold Price: $3,450,000/$870 sq ft; unfurnished. More details below photos.
MLS #138169 – Ridge of Red Mt, Red Mountain, 0047 Bennett Court, Aspen, CO: Sold Price: $3,450,000/$870 sq ft; unfurnished; Asking Price: $3,750,000. (Original Price: $3,750,000 and 47 days on the market since 02/04/2015.) This is a 1975 built, 4 bedroom/3 bath/1 half-bath, 3,961 sq ft single family home with 1 car garage on a 25,000 sq ft lot. Broker comments are “Sold before MLS” 2014 Taxes: $6,951; HOA Dues: $618. Under Contract Date: 02/05/2015; Sold Date: 03/23/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Real Estate)
MLS #136432 – Shadow Mountain Village, Central Core, 809 S Aspen Street # 9, Aspen, CO: Sold Price: $1,017,500/$1,098 sq ft; furnished. More details below photos.
MLS #136432 – Shadow Mountain Village, Central Core, 809 S Aspen Street # 9, Aspen, CO: Sold Price: $1,017,500/$1,098 sq ft; furnished; Asking Price: $1,075,000. (Original Price: $1,075,000 and 160 days on the market since 10/10/2014.) This is a 1968 built, 2 bedroom/1 bath, 3,926 sq ft condo. Broker comments are “Premium Location- ski in/ski out at this bright and sunny condo that sits at the top of S. Aspen Street, across from Historic Lift 1A. Living room has Big Views and a gas fireplace. HOA amenities include a BBQ Deck which overlooks the Heated Pool. The 1A area is undergoing a Renaissance: numerous $10 million+ residences are planned across from 1A. HOA dues pay for: electric, gas, water/sewer, trash removal, cable & internet,snow removal.There is a storage locker and parking. *Tenant at property- 24 Hour Notice to Show*” 2013 Taxes: $2,826; HOA Dues: $3,820. Under Contract Date: 01/11/2015; Sold Date: 03/19/2015. (Photos and broker comments courtesy of Happy Real Estate)
MLS #134978 – Silver Glo, Central Core, 940 Waters Avenue 206, Aspen, CO: Sold Price: $640,000/$901 sq ft. More details below photos.
MLS #134978 – Silver Glo, Central Core, 940 Waters Avenue 206, Aspen, CO: Sold Price: $640,000/$901 sq ft; Asking Price: $649,500. (Original Price: $649,500 and 273 days on the market since 06/26/2014.) This is a 1970 built, 2 bedroom/2 bath, 710 sq ft condo. Broker comments are “This second-floor condo is just four blocks to the Silver Queen Gondola and the core. Wood-burning fireplace, amenities include on-site mgmt., check-in and front desk, heated pool, free on-site parking, free Aspen airport transfers, During ski season, Silverglo provides shuttle to downtown and the gondola.” 2013 Taxes: $1,219; HOA Dues: $1,688. Under Contract Date: 02/11/2015; Sold Date: 03/26/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)
MLS #138171 – Wood Run V, Snowmass, 9 Trails End Lane, Snowmass Village, CO: Sold Price: $3,250,000/$1,012 sq ft; unfurnished. More details below photos.
MLS #138171 – Wood Run V, Snowmass, 9 Trails End Lane, Snowmass Village, CO: Sold Price: $3,250,000/$1,012 sq ft; unfurnished; Asking Price: $3,300,000. (Original Price: $3,300,000 and 80 days on the market since 01/02/2015.) This is a 1981 built, 4 bedroom/5 bath/1 half-bath, 3,211 sq ft townhouse. No broker comment. 2015 Taxes: $8,645. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/19/2015; Sold Date: 03/23/2015.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #124262 – Crestwood, Snowmass, 0400 Wood Road H-2318, Snowmass Village, CO: Sold Price: $650,000/$700 sq ft; furnished. More details below photos.
MLS #124262 – Crestwood, Snowmass, 0400 Wood Road H-2318, Snowmass Village, CO: Sold Price: $650,000/$700 sq ft; furnished; Asking Price: $685,000. (Original Price: $865,000 and 1146 days on the market since 02/01/2012.) This is a 1970 built and 2008 remodeled, 2 bedroom/2 bath, 928 sq ft condo. Broker comments are “Arguably, the best top-floor, corner location at The Crestwood. 1 bedroom + sleeping loft (3 twins) overlooking gondola and ski trails below. Long distant views of mountains beyond. Wraparound balcony. Morning sunshine. Just steps to slopes and spa. Unit rated Deluxe “A” by management, and one of their most frequently-requested properties.” 2014 Taxes: $2,214; HOA Dues: $14,713. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/07/2015; Sold Date: 03/23/2015.(Photos and broker comments courtesy of BJ Adams and Company-SMV)
MLS #137059 – Capitol Peak, Snowmass, 110 Carriage Way, Snowmass Village, CO: Sold Price: $415,000/$515 sq ft; unfurnished. More details below photos.
MLS #137059 – Capitol Peak, Snowmass, 110 Carriage Way, Snowmass Village, CO: Sold Price: $415,000/$515 sq ft; unfurnished; Asking Price: $434,900. (Original Price: $434,900 and 98 days on the market since 12/18/2014.) This is a 2008 built, 1 bedroom/1 bath, 805 sq ft condo. Broker comments are “Great value for this ski-in/ski-out top floor Snowmass Village condo! This stunning condo offers 1 bedroom, 1 bathroom, underground parking, front deck concierge, clubhouse, fitness center, Jacuzzi, mountain views, & so much more! Nicely finished throughout with Granite counters, gas fireplace, jetted bathtub, new interior paint, new carpeting, new appliances, & Slate tile floors. Great location across from the gondola & admits all that Snowmass Village has to offer. Don’t miss out on this great Snowmass Village opportunity! This is a Fannie Mae property. Buyer to verify HOA.” 2013 Taxes: $4,919; HOA Dues: $2,218. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/14/2015; Sold Date: 03/26/2015.(Photos and broker comments courtesy of Mercury Alliance Mountain Properties)
Real Estate Transactions Recorded March 23 – 26, 2015
Published by Aspen Daily News
Grantor: APCHA
Grantee: Dionicio and Stephanie Madrid, Aspen
Property: Centennial Condo Unit C206
Cost: $211,994.00
Grantor: Camra C Wright
Grantee: Cynthia Rodriguez, Andrew Webster and Cynthia Noones, Los Angeles, CA
Property: Willows Unit E4
Cost: $240,000.00
Grantor: 47 Bennett Court LLC
Grantee: Lot 6 Ridge of Red Mountain LLC, Aspen
Property: Ridge of Red Mountain Lot 6
Cost: $3,450,000.00
Grantor: Russell W Meyer Jr Trust
Grantee: Randall E Wolf Trust, Naperville, IL
Property: Woodrun V Townhouse Unit 9 Phase I
Cost: $3,250,000.00
Grantor: Deodar Inc
Grantee: Forza Holdings Colorado LLC, Austin, TX
Property: Crestwood Unit 301 Bldg H
Cost: $650,000.00
Grantor: APCHA
Grantee: Nagle Shannon, Aspen
Property: Woody Creek Sub/Pud Lot 58
Cost: $417,788.00
Grantor: APCHA
Grantee: John Truso, Basalt
Property: Centennial Condo Unit Q205
Cost: $152,965.00
Grantor: Light Lisa Dancing
Grantee: Elizabeth Lyman Wysong Trust, Carbondale
Property: Prince Creek Lot 1 Blk 1
Cost: $605,000.00
Grantor: Bernstein Johnson Trust
Grantee: Oyster Shores LLC, Aspen
Property: Stage Road Pud Lot 7
Cost: $3,950,000.00
Grantor: City of Aspen
Grantee: Jennifer and Benjamin R Yaeger, Aspen
Property: Burlingame Ranch II Condo Unit 203 Bldg 273 Paepcke Drive
Cost: $311,000,00
Grantor: City of Aspen
Grantee: Christopher R and Soraya E Menges, Aspen
Property: Burlingame Ranch II Condo Unit 203 Bldg 333 Paepcke Drive
Cost: $201,000.00
Grantor: Thunderbowl Development Company
Grantee: Gary and Lucia Kamens, Aspen
Property: Aspen Highlands Village Pud Thunderbowl Townhome Residences Unit 4
Cost: $4,700,000.00
Grantor: Mary Gray and James Edwin Bolin Jr
Grantee: Samjevie LLC, Beverly Hills, CA
Property: Inn at Aspen Unit 1152
Cost: $157,500.00
Grantor: City of Aspen
Grantee: Stacy and Steven Vidamour, Aspen
Property: Burlingame Ranch II Condo Unit 102 Bldg 360 Paepcke
Drive
Cost: $460,000.00
Grantor: Jack S and Mary C Ditlove
Grantee: Robert M Barnes, Redstone
Property: Capitol Peak Lodge Condo Unit 3403
Cost: $375,000.00
Grantor: Fannie Mae
Grantee: Oscar and Rosaura Echegaray, Coral Gables,FL
Property: Capitol Peak Lodge Condo Unit 3403
Cost: $415,000.00
Grantor: City of Aspen
Grantee: Edward C Schmidt and Alison C Church, Aspen
Property: Burlingame Ranch II Condo Unit 102 Bldg 275 Paepcke
Drive
Cost: $234,000.00
Grantor: City of Aspen
Grantee: Margaret and Matthew Monaghan, Aspen
Property: Burlingame Ranch II Condo Unit 301 Bldg 333 Paepcke Drive
Cost: $339,000.00
Grantor: Jack Craig Armstrong
Grantee: Angela J Hornbrook, Crested Butte
Property: Silver Glo Unit 2F
Cost: $640,000.00
Grantor: City of Aspen
Grantee: Christopher and Narah J Belmont, Aspen
Property: Burlingame Ranch II Condo Unit 201 Bldg 273 Paepcke
Drive
Cost: $231,000.00
Grantor: Bruno Trust
Grantee: Michael and Melina Zumbrum, Rancho Mirage, CA
Property: Aspen Highlands Condo Unit 2405
Cost: $30,000.00
Grantor: Leonard Trust
Grantee: Poirier Real Estate LLC, Lafayette, LA
Property: G A Resort Unit 30
Cost: $175,000.00
Grantor: Ritz Carlton Development Company Inc.
Grantee: Talletto Enterprises Limited, Orlando, FL
Property: Aspen Highlands Condo Unit 2208
Cost: $67,500.00
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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 byemail.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:“TheEstin Reporton Aspen Real Estate.”
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