The March 2017 Aspen Snowmass Real Estate Monthly Market Snapshot was postedinCurrent ReportsApr 3, 17. The Monthly Snapshots are usually posted on or near the 1st Monday of the month. The Q1 2017 & 2016 Year End report will be released mid-April, as will Q4 2016 stats.

Anarticleappeared in the Denver Post Sunday Feb 26th on Colorado Mountain resort real estate including Aspen and Pitkin County.

Bottom Line Mar 2017 Snapshot Excerpt:

“For year-to-date (YTD), Jan 1 through Mar 31, 2017, the total combined Aspen Snowmass Village market is up 22% in dollar sales to $224M from $184M same time last year and up 11% in unit sales with (78) sales in 2017 versus (70) last year-to-date.

The number of under contract properties for the combined Aspen Snowmass Village market is up 121% to (35) in Mar 2017 versus (24) same time last year.

Under Contracts are used as an indicator of future activity when compared to the prior year.”

040317 Estin Report AspSMV Q117 and 2016Yr Performance Comparison 590w 72res
Click tables to enlarge

New Charts: Historic Pace of Aspen and Snowmass Village Homes, Condos and Vacant Land / Lots by Dollar Sales and Unit SalesUpdated with Q1 2017.(These charts are very popular and will be updated every quarter):

These new charts were originally posted inCurrent Reportson 02/15/17 through Q4 2016. They have been updated with Q1 2017 stats.The charts are: the historic pace of dollar and unit sales since 2006 separately for Aspen and Snowmass Village (SMV) by property types: 1) all properties combined; 2) single family homes; 3) condos; 4) vacant land / lots. (Fractionals, with the exception of extreme sales, are not included.)

Sales velocity, or pace, whether by dollar volume or unit sales is extremely useful to consider ss the unit sales drop-off in the 2nd Half 2007 so foreshadowed the Great Recession.

While many real estate professionals use dollar volume sales as the single metric for sales performance (it often looks ‘better’), unit sales are a more reliable measure of market activity. Dollar sales can be skewed disproportionately by extreme high or low end priced sales.

Clients often ask, “Where are we now compared to the Great Recession…?”. These charts offer a solid reference for that conversation. In this instance, the starting point for the trend line is 2006, but, of course, where the trend line commences will affect its outcome…If the charts had started at 2009, the trend would be more upwards at present than is shown here.

As this is written, post-election Nov 2016 through Feb 15, 2017, sales have picked up considerably and are decidedly on an upward trajectory.

021517 Estin Report Aspen Real Estate Historic All Properties Unit Sales 590w96res

Click chart to see additional breakdown chartsfor Aspen and SMV by property types.

“Flip Job” Examples: See recent Before/After redevelopmentin the new Flip Jobs Sectionnear the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (01/04/17) as additional re-sale properties come on the market at significantly higher prices.

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Market Activity Week 13, March 26 – April 2, 2017

Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Brush Cr 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. Scroll down the page for home 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 quickly find 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 real estate, the information should be here.

Closed (13):MLS#s 138870, 138687, 141196, 141373, 136612, 142839, 144795, 145868, 146266, 146533, 147215, 147474, 147994.This link is valid until 5/2/2017.

Under Contract/Pending (10):MLS#s 142357, 140596, 143793, 144834, 146009, 146892, 147040, 147082, 147871, 147952.This link is valid until 5/2/2017.

Aspen Snowmass Solds Last Week:


MLS #146533 – West End, 735 W Smuggler Street, Aspen, CO. Sold Price: $7,000,000/$1,308 sq ft; furnished. More details below photos.
Aspen real estate 040217 146533 735 W Smuggler Street 1 590WAspen real estate 040217 146533 735 W Smuggler Street 2 590WAspen real estate 040217 146533 735 W Smuggler Street 3 190HAspen real estate 040217 146533 735 W Smuggler Street 4 190HAspen real estate 040217 146533 735 W Smuggler Street 5 190H
MLS #146533 – West End, 735 W Smuggler Street, Aspen, CO. Sold Price: $7,000,000/$1,308 sq ft; furnished. Aspen single family residence for sale. Ask Price: $7,495,000. (Original Price: $8,950,000/$1,672 sq ft and on the market since 08/01/2015.) This is a 2006 built, 5 bedroom/5 bath/2 half-bath, 5,351 sq ft single family residence with 2 car garage on a 6,000 sq ft lot. Broker comments are “New Price, new square footage. $200k price reduction and just measured by True Dimensions increasing square footage from 5,080 sf to 5,351 sf. Redefining sanctuary and space, this great 5-bedroom West End home, custom built in 2006 is now only $1400/sf. Located just a few blocks to the Music tent, this beautiful home boasts various mountain and sunset views and sits on a highly desirable open corner lot in Aspen’s coveted West End. Each generous bedroom is en-suite and the master is strategically located on the upper level with the great room, kitchen and dining room. The entry level has two guest master suites that walk-out to their own patios. The lower entertainment level includes a true home theater (may be converted to a legal 6th bedroom) and two additional bedroom suites. This is a great opportunity for a value buyer looking for a turn key home with lots of space in a superior location.” 2016 taxes: $22,447. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/28/2017; Sold Date: 03/24/2017. (Property sold by Aspen broker Tim Estin.Photos and broker comments courtesy of Compass.)
MLS #138870 – Townsite of Aspen, West End, 209 E Bleeker Street, Aspen, CO. Sold Price: $6,250,000. More details below photos.
Aspen real estate 040217 138870 209 E Bleeker Street 1 590WAspen real estate 040217 138870 209 E Bleeker Street 2 190HAspen real estate 040217 138870 209 E Bleeker Street 3 190H
MLS #138870 – Townsite of Aspen, West End, 209 E Bleeker Street, Aspen, CO. Sold Price: $6,250,000. Aspen single family vacant lot for sale. Ask Price: $6,500,000. (Original Price: $5,250,000 and 694 days on the market since 05/05/2015. The seller paid $4.1M on 05/05/15. It was re-listed the same day at $5.25M by the developer/buyer.) This is a 6,000 sq ft single family vacant lot with an historic older home located 1/2 block west of the Hotel Jerome. Property values in this immediate area have spiked considerably in the past 3-4 years as the Aspen Downtown Core has been Great Recession proof-tested as the #1 most desirable single family residential area followed by this ‘fringe’ area of the West End bordering the Core. The property sold with full development approvals in place from the City of Aspen and the HPC saving the buyer about 10-12 months of a rigorous design submission and approval process. Ground is ready to be broken; construction ready to begin. The sale sets a new high bar for property values in the immediate area. See lot survey, siteplan. schematic renderings and.floorplansincluded with the sale. Although in the West End, the property is just two blocks from the Core and it is duplexable or could be a lot split both requiring Aspen Historic Preservation Commission (HPC) approval. It offers approximately 8,000 sq ft total Floor Area. For additional information, see the Aspen Municipal Land Use Code Sec 26.710.040 Medium-Density Residential R-6 Zoneand Sec 26.415.010 onHistoric Preservation. Broker comments are “Looking for views of Aspen Mountain? Want to be downtown? Hoping to create your own Aspen escape? This property has it all. A sunny West End lot with picture perfect views a stone’s throw from Aspen’s shops and restaurants. An existing historic house is on the property and can be incorporated into new construction, or take advantage of the historic preservation incentives for a lot split. Plenty of Aspen history envelops this property and you can feel the potential for future memories…time to make your own!” 2014 taxes: $5,191. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/27/2017; Sold Date: 03/29/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #141196 – Knollwood, East Aspen, 42489 Highway 82, Aspen, CO. Sold Price: $4,490,000/$838 sq ft; unfurnished. More details below photos.
Aspen real estate 040217 141196 42489 Highway 82 1 590WAspen real estate 040217 141196 42489 Highway 82 2 590WAspen real estate 040217 141196 42489 Highway 82 3 190HAspen real estate 040217 141196 42489 Highway 82 4 190HAspen real estate 040217 141196 42489 Highway 82 5 190HAspen real estate 040217 141196 42489 Highway 82 6 190H
MLS #141196 – Knollwood, East Aspen, 42489 Highway 82, Aspen, CO. Sold Price: $4,490,000/$838 sq ft; unfurnished. Aspen single family residence for sale. Ask Price: $4,550,000. (Original Price: $6,399,000 and 630 days on the market since 03/17/2015.) This is a 2015 built, 5 bedroom/4 bath/1 half-bath, 5,357 sq ft single family residence with 2 car garage on a 18,599 sq ft lot. While one of the best “deals” of 2017, the property is located directly on Aspen’s in/out Hwy 82 and impacted by significant roadway proximity and line-of-sight power lines (that could be buried for approx. $250,000-350,000). Broker comments are “Located just half a mile from the center of Aspen, with walking and biking access to town, sits a brand new home designed by David Johnston Architects. The three-level residence is 5,903 sq. ft and offers an open floor plan with a central floor to ceiling pass-through fireplace that serves both the living room and the sitting area off the kitchen. The large contemporary kitchen functions as the center of the activity with its access to the public spaces as well as to the outdoor terrace and landscaped yard. Enjoy views toward Independence Pass and Aspen Mountain from the master suite, guest master suite and the office/sitting room complete with a fireplace, custom cabinetry and cantilevered outdoor deck. The lower level features two bedroom suites, a family room, office/play room and gym.” 2016 taxes: $13,820. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/27/2017; Sold Date: 03/31/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)
MLS #142839 – Aspen West Condo, Central Core, 104 W Cooper 2, Aspen, CO. Sold Price: $3,500,000/$2,402 sq ft; furnished. More details below photos.
Aspen real estate 040217 142839 104 W Cooper 2 1 590WAspen real estate 040217 142839 104 W Cooper 2 2 590WAspen real estate 040217 142839 104 W Cooper 2 3 190HAspen real estate 040217 141196 42489 Highway 82 4 190HAspen real estate 040217 142839 104 W Cooper 2 5 190HAspen real estate 040217 141196 42489 Highway 82 6 190H
MLS #142839 – Aspen West Condo, Central Core, 104 W Cooper 2, Aspen, CO. Sold Price: $3,500,000/$2,402 sq ft; furnished. Aspen condo for sale. Ask Price: $3,675,000. (Original Price: $4,375,000 and 372 days on the market since 02/23/2016.) This is a 1972 built and 2005 remodeled, 2 bedroom/2 bath, 1,457 sq ft condo. Aspen West is one of Aspen’s nicest smaller condo complexes redone with a full and expanded exterior remodel in 2009. Broker comments are “Penthouse With Great Room Facing Koch Park & Aspen Mountain With View Windows On 3 Sides. 2 assigned off street parking spaces, 2 external pvt storage closets, Subzero SS refrig, Kitchen Aide SS gas range,micro wave,and dishwasher.Koehler SS kitchen sink, Roburn mirrored medicine cabinets, Jacuzzi Jetted whirlpool, SteamMist steam, Maytag full size W & D, Koehler Memoirs toilets, sinks, and shower base. SS MHP gas BBQ, Mendota fireplace, Mitsubishi mister slim AC, 3 Sony HD tv’s, Hunter Douglas cherry wood blinds and H Douglas see through blinds in great room. Owners’ locking cabinets in bath and kitchen, Blue Baia granite bath countertops, granite flooring in baths with NuHeat in-floor. Nutone exhaust fans with timers, Matching Exterior Dry stack stone fireplace. Furnished, ArtExcluded.” 2015 taxes: $7,460; HOA Dues: $2,970 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/30/2016; Sold Date: 03/28/2017. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)
MLS #141373 – Chateau Roaring Fork, Central Core, 1039 E Cooper Avenue #22, Aspen, CO. Sold Price: $2,275,000/$1,427 sq ft; furnished. More details below photos.
Aspen real estate 040217 141373 1039 E Cooper Avenue 22 1 590WAspen real estate 040217 141373 1039 E Cooper Avenue 22 2 590WAspen real estate 040217 141373 1039 E Cooper Avenue 22 3 190HAspen real estate 040217 141373 1039 E Cooper Avenue 22 4 190HAspen real estate 040217 141373 1039 E Cooper Avenue 22 5 190HAspen real estate 040217 141373 1039 E Cooper Avenue 22 6 190H
MLS #141373 – Chateau Roaring Fork, Central Core, 1039 E Cooper Avenue #22, Aspen, CO. Sold Price: $2,275,000/$1,427 sq ft; furnished. Aspen condo for sale. Ask Price: $2,495,000. (Original Price: $2,495,000 and 1,185 days on the market since 12/13/2013.) This is a 1972 built and 2004 remodeled, 4 bedroom/3 bath, 1,594 sq ft condo. Broker comments are “Gorgeous Riverfront 4 bedroom/3 bath Condo in the Aspen Core. This 2 story condo features 2 wood burning fireplaces, a terrific deck overlooking the river, upgraded kitchen and bathrooms plus an in-unit washer/dryer. Enjoy the beautiful views and sounds of the river throughout the condo. Excellent opportunity to own a 4 bedroom condo in the Aspen Core with great short term rental potential.” 2014 taxes: $4,010; HOA Dues: $3,750 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/03/2016; Sold Date: 03/27/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)
MLS #138687 – Townsite of Aspen, West End, 612 W Main Street, Aspen, CO. Sold Price: $2,000,000/$1,107 sq ft; unfurnished. More details below photos.
Aspen real estate 040217 138687 612 W Main Street 1 590WAspen real estate 040217 138687 612 W Main Street 2 190HAspen real estate 040217 138687 612 W Main Street 3 190H
MLS #138687 – Townsite of Aspen, West End, 612 W Main Street, Aspen, CO. Sold Price: $2,000,000/$1,107 sq ft; unfurnished. Aspen single family residence for sale. Ask Price: $2,500,000. (Original Price: $2,950,000 and 629 days on the market since 04/21/2015.) This is a 1890 built and 1990 remodeled, 3 bedroom/2 bath, 2,542 sq ft single family residence with 1 car garage on a 6,000 sq ft lot. Broker comments are “3 bedroom 2 bath Victorian located at 612 West Main street Aspen. Home has a 736 sq ft unfinished basement and comes with approvals for mudroom and garage.” 2015 taxes: $4,763. Under Contract Date: 01/13/2017; Sold Date: 03/30/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #147474 – Good Thunder, Central Core, 125 E Hyman Avenue 3-A, Aspen, CO. Sold Price: $1,995,000/$1,552 sq ft; unfurnished. More details below photos.
Aspen real estate 040217 147474 125 E Hyman Avenue 3 A 1 590WAspen real estate 040217 147474 125 E Hyman Avenue 3 A 2 590WAspen real estate 040217 147474 125 E Hyman Avenue 3 A 3 190HAspen real estate 040217 147474 125 E Hyman Avenue 3 A 4 190HAspen real estate 040217 147474 125 E Hyman Avenue 3 A 5 190HAspen real estate 040217 147474 125 E Hyman Avenue 3 A 6 190H
MLS #147474 – Good Thunder, Central Core, 125 E Hyman Avenue 3-A, Aspen, CO. Sold Price: $1,995,000/$1,552 sq ft; unfurnished. Aspen townhouse for sale. Ask Price: $1,999,000. (Original Price: $2,200,000 and 50 days on the market since 02/01/2017.) This is a 1978 built and 2009 remodeled, 3 bedroom/2 bath/1 half-bath, 1,285 sq ft condo. The property is located just 2 blocks to downtown Aspen’s restaurants and stores. It is surrounded by $10M+ gut job historic Victorians and $20M+ historically preserved but newly contemporized homes (See: MLS 147036). Broker comments are “Three decks with over 770 sq. ft!! Check out the ski conditions of Aspen Mountain right from your master bed. Striking downtown Aspen corner unit townhome with stunning views of Aspen & Shadow Mountains, downtown, steps from fine dining, shopping and skiing. Strong rentals. Mountain contemporary 3-level townhome with updated high-end designer finishes, open living area with vaulted pine ceilings accented by exposed beams, features beautiful stone hearth gas fireplace, open kitchen with granite counter, updated appliances and lighting combine elegance with cozy, mountain style. Two sliding glass doors open to the expansive partially covered south/east-facing deck. Master bedroom perched above it all, features a private balcony, and majestic views. Aspen Mountain ski trails. Main entrance is well equipped for all your ski gear, with additional locked storage just off the front door and good size entrance with open storage and additional coat closet. Two additional, bedrooms feature direct access to an additional large private patio. ” 2016 taxes: $3,083; HOA Dues: $1,293 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/15/2017; Sold Date: 03/23/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #146266 – Chateau Dumont, Central Core, 715 E Durant Avenue #18, Aspen, CO. Sold Price: $1,350,000/$1,320 sq ft; partial-furnished. More details below photos.
Aspen real estate 040217 146266 715 E Durant Avenue 18 1 590WAspen real estate 040217 146266 715 E Durant Avenue 18 2 590WAspen real estate 040217 146266 715 E Durant Avenue 18 3 190HAspen real estate 040217 146266 715 E Durant Avenue 18 4 190HAspen real estate 040217 146266 715 E Durant Avenue 18 5 190HAspen real estate 040217 146266 715 E Durant Avenue 18 6 190H
MLS #146266 – Chateau Dumont, Central Core, 715 E Durant Avenue #18, Aspen, CO. Sold Price: $1,350,000/$1,320 sq ft; partial-furnished. Aspen condo for sale. Ask Price: $1,450,000. (Original Price: $1,450,000 and 182 days on the market since 09/27/2016.) This is a 1968 built and 2005 remodeled, 2 bedroom/2 bath, 1,022 sq ft condo. Broker comments are “‘As good as it gets…Aspen core, sunny top floor 2 bedroom/2 bath unit. One block from the Gondola. High ceilings, Aspen Mtn views Cozy fireplace and garage.” 2016 taxes: $3,189; HOA Dues: $1,900 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/11/2017; Sold Date: 03/28/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #136612 – Aspen View, East Aspen, 326 Midland Avenue Unit 308, Aspen, CO. Sold Price: $690,000/$821 sq ft; furnished. More details below photos.
Aspen real estate 040217 136612 326 Midland Avenue Unit 308 1 590WAspen real estate 040217 136612 326 Midland Avenue Unit 308 2 590WAspen real estate 040217 136612 326 Midland Avenue Unit 308 3 190HAspen real estate 040217 136612 326 Midland Avenue Unit 308 4 190HAspen real estate 040217 136612 326 Midland Avenue Unit 308 5 190HAspen real estate 040217 136612 326 Midland Avenue Unit 308 6 190H
MLS #136612 – Aspen View, East Aspen, 326 Midland Avenue Unit 308, Aspen, CO. Sold Price: $690,000/$821 sq ft; furnished. Aspen condo for sale. Ask Price: $695,000. (Original Price: $795,000 and 1,075 days on the market since 09/10/2012.) This is a 1971 built and 2008 remodeled, 2 bedroom/1 bath, 840 sq ft condo. Broker comments are “Quiet, sleek, top floor unit in great East Aspen location just a short stroll to town. Sale subject to existing lease in place through February 2017. No dogs.” 2014 taxes: $1,287; HOA Dues: $400 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/31/2017; Sold Date: 03/28/2017. (Photos and broker comments courtesy of Aspen Associates Realty)
MLS #147994 – West End, 700 W Hopkins Avenue 15, Aspen, CO. Sold Price: $481,950/$1,275 sq ft; unfurnished. More details below photos.
Aspen real estate 040217 147994 700 W Hopkins Avenue 15 1 590WAspen real estate 040217 147994 700 W Hopkins Avenue 15 2 590WAspen real estate 040217 147994 700 W Hopkins Avenue 15 3 190HAspen real estate 040217 147994 700 W Hopkins Avenue 15 4 190HAspen real estate 040217 147994 700 W Hopkins Avenue 15 5 190HAspen real estate 040217 147994 700 W Hopkins Avenue 15 6 190H
MLS #147994 – West End, 700 W Hopkins Avenue 15, Aspen, CO. Sold Price: $481,950/$1,275 sq ft; unfurnished. Aspen condo for sale. Ask Price: $459,000. (Original Price: $459,000 and 30 days on the market since 03/01/2017.) This is a 1968 built, 1 bedroom/1 bath, 840 sq ft condo. Broker comments are “Amazing one bedroom, end unit, condominium on the top floor with vaulted ceilings. This well-maintained complex is conveniently located on the Hopkins bike pedway in the prestigious West End neighborhood of Aspen. Walking distance to the downtown core, gondola and parks or take the shuttle just one block away. Whether it’s your starter home or an investment/rental property, you can’t go wrong. HOA prohibits pets.” 2016 taxes: $991; HOA Dues: $1,150 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/16/2017 Sold Date: 03/31/2017. (Photos and broker comments courtesy of Engel & Völkers)
MLS #145868 – Aspen Main Office Condo, West End, 220 W Main Street 103,105,101, B3, Aspen, CO. Sold Price: $420,000 sq ft. More details below photos.
Aspen real estate 040217 145868 220 W Main Street 103 105 101 B3 1 590WAspen real estate 040217 145868 220 W Main Street 103 105 101 B3 2 285WAspen real estate 040217 145868 220 W Main Street 103 105 101 B3 3 285WAspen real estate 040217 145868 220 W Main Street 103 105 101 B3 4 285WAspen real estate 040217 145868 220 W Main Street 103 105 101 B3 5 285W
MLS #145868 – Aspen Main Office Condo, West End, 220 W Main Street 103,105,101, B3, Aspen, CO. Sold Price: $420,000 sq ft. Aspen commercial industria for sale. Ask Price: $400,000. (Original Price: $400,000 and 214 days on the market since 08/29/2016.) This is a 1985 built, 1-5 units, 532 sq ft commercial industria. Broker comments are “Great opportunity to own first floor space in a small Main St office building. Space includes three offices on street level plus 1 subgrade space. One office has Aspen Mtn views and direct street exposure. Low HOA dues. AMOC Budget attached. Excellent condition, recent upgrades, clean, 2 public restrooms. Current rental income from others ($26,000+/yr, solid tenants). Easy to view by walking through M-F, 9-5am, or call for an appointment to view in detail.” 2016 taxes: $2,177; HOA Dues: $963 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/10/2017; Sold Date: 03/31/2017. (Photos and broker comments courtesy of Cheryl L. Schmidt)
MLS #144795 – Wood Run, 18 Pine Lane, Snowmass Village, CO: Sold Price: $4,000,000/$893 sq ft; furnished. More details below photos.
Aspen real estate 040217 144795 18 Pine Lane 1 590WAspen real estate 040217 144795 18 Pine Lane 2 590WAspen real estate 040217 144795 18 Pine Lane 6 190HAspen real estate 040217 144795 18 Pine Lane 4 190HAspen real estate 040217 144795 18 Pine Lane 5 190HAspen real estate 040217 144795 18 Pine Lane 6 190H
MLS #144795 – Wood Run, 18 Pine Lane, Snowmass Village, CO: Sold Price: $4,000,000/$893 sq ft; furnished. Snowmass Village single family residence for sale. Ask Price: $4,495,000. (Original Price: $4,495,000 and 279 days on the market since 06/23/16.) This is a 1993 built, 4 bedroom/4 bath/2 half-bath, 4,477 sq ft single family residence with 2 car garage on a 40,386 sq ft lot. Broker comments are “Ski in right to the driveway and ski out directly to Adams Avenue! Located in a tranquil, private aspen/spruce forest with wildflower meadows, yet still offering long distance views. A great ski home that lives well in all seasons – located on the prestigious Pine Lane at the top of Wood Road. This very well built and maintained home is totally functional and a dream to live in. Floor to ceiling windows in the living area and master bedroom. All other rooms have generous windows overlooking the beautiful adjacent open space – and no neighbors. The high quality construction is evident everywhere you look. Enjoy two master bedrooms with gracious bathrooms and closets. The bunk room, or 4th bedroom, is part of a second living area with full bath. A spectacular home that should not be missed! This home is a timeless design with contemporary lines and feel. The quality of construction is evident throughout this Pine Lane home. The 2013 land use code revisions enable potentially over 1,100 sq ft additional square footage as well as unlimited decks and 900 sq ft of garage if needed in the future.” 2016 Taxes: $14,673; HOA Dues: $90 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/17/2017; Sold Date: 03/29/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)
MLS #147215 – Woodbridge, 35 Upper Woodbridge 24ab, Snowmass Village, CO: Sold Price: $550,000/$609 sq ft; unfurnished. More details below photos.
Aspen real estate 040217 147215 35 Upper Woodbridge 24ab 1 590WAspen real estate 040217 147215 35 Upper Woodbridge 24ab 2 590WAspen real estate 040217 147215 35 Upper Woodbridge 24ab 3 190HAspen real estate 040217 147215 35 Upper Woodbridge 24ab 4 190HAspen real estate 040217 147215 35 Upper Woodbridge 24ab 5 190HAspen real estate 040217 147215 35 Upper Woodbridge 24ab 6 190H
MLS #147215 – Woodbridge, 35 Upper Woodbridge 24ab, Snowmass Village, CO: Sold Price: $550,000/$609 sq ft; unfurnished. Snowmass Village condo for sale. Ask Price: $580,000. (Original Price: $580,000 and 75 days on the market since 01/11/2017.) This is a 1973 built and 2015 remodeled, 2 bedroom/2 bath, 902 sq ft condo. Broker comments are “Sleek interior completely renovated in 2015! Enjoy views of skiers on Assay Hill from your living room or balcony. Hop on the shuttle outside of your door and ski home. Enjoy the outdoor pool and hot tub, store your gear in your private exterior storage closet. Pets are allowed for owners and this is in the Aspen School District. Great for short term rentals or full time residents looking to invest in Snowmass.” 2016 Taxes: $1,813; HOA Dues: $3,705 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/30/2017; Sold Date: 03/27/2017. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

Recent Estin Report tweets on Aspen Real Estate

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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 2017 and all rights reserved. Use is permitted subject to the following attribution with a live link to the source:“The Estin Reporton Aspen Real Estate.”

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