The Estin Report: March and YTD 2015 Aspen Snowmass Real Estate Market Snapshot was released early April 4, 2015 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 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 14, March 29 – April 5, 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 (12):MLS #’s:128548,129994,132500,132880,133692,134837,136026,136183,136228,136712,137102,137375. This link is valid until 05/05/2015.

Under Contract/Pending (18):MLS#’s:135706,137318,137175,111918,135598,122041,137856,126239,137859,128604,130799,132161,134370,135100,135959,136007,138276,138322. This link is valid until05/05/2015.

Aspen Snowmass Solds Last Week:

MLS #129994 – Skyview, West Aspen, 1580 Tiehack Road, Aspen, CO: Sold Price: $17,500,000/$1,250 sq ft; furnished. More details below photos.

MLS #129994 – Skyview, West Aspen, 1580 Tiehack Road, Aspen, CO: Sold Price: $17,500,000/$1,250 sq ft; furnished; Asking Price: $22,950,000. (Original Price: $22,950,000 and 677 days on the market since 05/24/2013.) This is a 2013 built, 6 bedroom/9 bath/3 half-bath, 14,000 sq ft single family home with 3 car garage on a 217,800 sq ft lot. Broker comments are “Located in the private, gated enclave of Pyramid Point is this beautiful brand new estate on a 5.4 acre lot that has mature trees & southern exposure. The views of Aspen Highlands & Pyramid Peak are spectacular, and the slopes of Tiehack & the Maroon Creek Golf Course are just down the road. Features include 6 bedrooms, 9 full baths, 3 powder rooms, approximately 14,000 square feet, gourmet kitchen, master suite with separate sitting room and his & her bathrooms & closets, 12’x37’ indoor swimming pool which opens to the outdoors, spa area with steam room, sauna & massage, exercise room, recreation room, 3 bars, theater, wine room, two offices, 8 fireplaces, three car garage, large patios with fire pit, waterfall, two hot tubs, and an expansive lawn area. Only 5 minutes to downtown Aspen!” 2012 Taxes: $27,251; HOA Dues: $7,115. Under Contract Date: 02/25/2015; Sold Date: 04/01/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS #136183 – Fivetrees, West Aspen, 416 Moore Drive, Aspen, CO: Sold Price: $7,100,000/$1,328 sq ft. More details below photos.

MLS #136183 – Fivetrees, West Aspen, 416 Moore Drive, Aspen, CO: Sold Price: $7,100,000/$1,328 sq ft; Asking Price: $7,875,000. (Original Price: $7,850,000 and 192 days on the market since 09/22/2014.) This is a 2002 built and 2009 remodeled, 5 bedroom/5 bath/1 half-bath, 5,345 sq ft single family home with 3 car heated garage and exercise area on a 85,072 sq ft lot. Broker comments are “Perfect in Every Season 5,215 sf 5-bedroom home located in the exclusive Five Trees neighborhood, adjacent to miles of Nordic ski trails, world-class mountain & road biking, and the Five Trees HOA’s ‘Private Access’ Ski Lift to Aspen Highlands. Walk, bike or ski to schools, Aspen Rec Center & Aspen Highlands. Other details include Snaidero-designed gourmet kitchen. Cherry wood floors, high ceilings and big windows add warmth to this elegant space, which includes honed black granite countertops, sleek wood over and under counter cabinetry, long center island with deep double sink, stainless Wolf double oven and 6 -burner stove, and stainless Sub-Zero industrial-style refrigerator. Remodeled in 2009 with additional Exterior remodeling and Mechanical systems upgrades in 2014, the home has been meticulously cared for and maintained. Renovations include new interior and exterior paint, new lighting, addition of windows, new window treatments including electric exterior awnings, hardwood floor, new roof, upgraded mechanical systems, updated AV and lighting systems, and a new forecourt and driveway.” 2013 Taxes: $16,474; HOA Dues: $216. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/06/2015; Sold Date: 04/02/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #137375 – West Aspen, 1134 Cemetery Lane, Aspen, CO: Sold Price: $4,290,000/$1,027 sq ft; unfurnished. More details below photos.

MLS #137375 – West Aspen, 1134 Cemetery Lane, Aspen, CO: Sold Price: $4,290,000/$1,027 sq ft; unfurnished; Asking Price: $4,450,000. (Original Price: $4,450,000 and 71 days on the market since 01/20/2015.) This is a 2008 built, 5 bedroom/5 bath/2 half-bath, 4,177 sq ft 1/2 duplex condo with 2 car garage. Broker comments are “Sophisticated and contemporary town home that lives like a single family home. Clean architectural lines and high end finishes highlight this 5 bedroom, 5.5 bathroom residence. Stunning views of Red Butte, Aspen Mountain and Independence Pass! Other amenities too numerous to list.” 2014 Taxes: $8,855; HOA Dues: TBD. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/13/2015; Sold Date: 04/01/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #137102 – 134 & 134 1/2 W Hopkins Landmark Lot Split, West End, 134-1/2 W Hopkins Avenue, Aspen, CO: Sold Price: $3,800,000/$1,916 sq ft. More details below photos.

MLS #137102 – 134 & 134 1/2 W Hopkins Landmark Lot Split, West End, 134-1/2 W Hopkins Avenue, Aspen, CO: Sold Price: $3,800,000/$1,916 sq ft; Asking Price: $4,195,000. (Original Price: $4,195,000 and 101 days on the market since 12/20/2014.) This is a 1888 built and 2010 remodeled, 3 bedroom/3 bath, 1,983 sq ft single family home with 1 car garage on a 3,000 sq ft lot. Broker comments are “Old meets new in this completely remodeled Victorian single family home. A rare find in the Aspen market, this 3 bedroom property is located on the pedestrian/bike path just 3 blocks from Restaurant Row. With southern exposure you will enjoy all day sunshine combined with views of Aspen Mountain. The contemporary interior is highlighted by soaring ceilings in the living area, and open floor plan, a top-of-the-line kitchen, and an open courtyard for summer gatherings. Being sold completely turn-key. ALL SHOWINGS MUST BE ACCOMPANIED.” 2014 Taxes: $4,906. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/26/2015; Sold Date: 03/31/2015. (Photos and broker comments courtesy of Thomas Johnston Burggraf)

MLS #132500 – Silver Glo, Central Core, 940 Waters Avenue #309, Aspen, CO: Sold Price: $1,500,000/$1,122 sq ft; furnished. More details below photos.

MLS #132500 – Silver Glo, Central Core, 940 Waters Avenue #309, Aspen, CO: Sold Price: $1,500,000/$1,122 sq ft; furnished; Asking Price: $1,500,000. (Original Price: $1,600,000 and 453 days on the market since 01/02/2014.) This is a 1970 built and 2006 remodeled, 3 bedroom/3 bath, 1,336 sq ft condo. Broker comments are “Beautiful top floor corner apartment with views to east and west on quiet Waters Avenue. Just 4 blocks to the Gondola! Sophisticated remodel including marble, granite, Waterworks tile, solid oak doors and trim. 3rd bedroom set up as office. Extensive built-in cabinetry/storage. Ajax-facing deck. Onsite management, popular rental, pool, shuttle. Master bath has steam shower & jetted tub. Washer/dryer.” 2014 Taxes: $3,325; HOA Dues: $3,106. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/21/2015; Sold Date: 03/31/2015. (Photos and broker comments courtesy of Frias Properties of Aspen)

MLS #128548 – Chateau Blanc, Central Core, 901 E Hyman Avenue Unit 15, Aspen, CO: Sold Price: $1,055,000/$1,140 sq ft; furnished. More details below photos.

MLS #128548 – Chateau Blanc, Central Core, 901 E Hyman Avenue Unit 15, Aspen, CO: Sold Price: $1,055,000/$1,140 sq ft; furnished; Asking Price: $1,158,000. (Original Price: $1,158,000 and 765 days on the market since 02/01/2013.) This is a 1966 built and 2007 remodeled, 2 bedroom/2 bath, 925 sq ft condo. Broker comments are “Top floor unit with extensive remodel in best location in Aspen’s core. Super quiet location only 3 blocks from the center of town. Wood burning fp. Impeccably designed for for easy living. Furnished. Lots of light/skylights. Superbly maintained small building with on-site management.” 2013 Taxes: $2,625; HOA Dues: $204. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/09/2015; Sold Date: 03/31/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #133692 – Maroon Creek Club, West Aspen, 10 Club Circle 5 & 6, Aspen, CO: Sold Price: $1,000,000/$500 sq ft; furnished. More details below photos.

MLS #133692 – Maroon Creek Club, West Aspen, 10 Club Circle 5 & 6, Aspen, CO: Sold Price: $1,000,000/$500 sq ft; furnished; Asking Price: $1,075,000. (Original Price: $1,075,000 and 372 days on the market since 03/21/2014.) This is a 2000 built, 2 bedroom/2 bath, 2,000 sq ft condo. Broker comments are “Get ready for the 2015 golf season! This Membership provides the ultimate opportunity for an exclusive country club lifestyle on the golf course only 5 minutes from downtown Aspen. Yours to use 365 days a year and located within the Clubhouse at the Maroon Creek Club. This remodeled 2 bedroom with vaulted ceilings and private deck overlooks the driving range and 1st tee box. Members will enjoy a leisurely lifestyle with in-house tennis, dining, swimming, and fitness all on-site. Access to the bike trail makes it easy to bike, walk, or drive into town to all that downtown Aspen has to offer. A Golf Membership must be purchased in addition to this Millennium Club Membership. If not already a golf member, a Maroon Creek Club Golf Membership is currently offered at $200,000.” Under Contract Date: 03/11/2015; Sold Date: 03/28/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS #136228 – Hunter Creek, Smuggler, 1031 Vine Street, Aspen, CO: Sold Price: $727,500/$711 sq ft. More details below photos.

MLS #136228 – Hunter Creek, Smuggler, 1031 Vine Street, Aspen, CO: Sold Price: $727,500/$711 sq ft; Asking Price: $795,000. (Original Price: $795,000 and 188 days on the market since 09/26/2014.) This is a 1982 built and 1995 remodeled, 3 bedroom/2 bath, 1,023 sq ft condo. Broker comments are “This second floor, south facing condo has wonderful views of Aspen Mountain. The living area is light and bright with south sun exposure. There are upgrades to both the kitchen and the bathrooms. Enjoy the Hunter Creek amenities which include pool, two hot tubs and two tennis courts.” 2013 Taxes: $1,647; HOA Dues: $385. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/03/2015; Sold Date: 04/02/2015. (Photos and broker comments courtesy of Hunter Creek Properties)

MLS #132880 – Aspen Square, Central Core, 617 E Cooper Avenue 422, Aspen, CO: Sold Price: $700,000/$1,411 sq ft. More details below photos.

MLS #132880 – Aspen Square, Central Core, 617 E Cooper Avenue 422, Aspen, CO: Sold Price: $700,000/$1,411 sq ft; Asking Price: $739,000. (Original Price: $749,000 and 426 days on the market since 01/28/2014.) This is a 1969 built, 1 bath, 496 sq ft condo. Broker comments are “Deluxe bedding, a full kitchen, wood-burning fireplace, private balcony, scenic views and a cozy sitting/dining area. Spacious for two, this studio can host up to four people. Full hotel-style services right in the Center of Town.” 2012 Taxes: $1,712; HOA Dues: $18,196. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/11/2015; Sold Date: 03/30/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #134837 – Owl Creek Townhomes, Snowmass, 917 Burnt Mountain 17, Snowmass Village, CO: Sold Price: $3,500,000/$906 sq ft; furnished. More details below photos.

MLS #134837 – Owl Creek Townhomes, Snowmass, 917 Burnt Mountain 17, Snowmass Village, CO: Sold Price: $3,500,000/$906 sq ft; furnished; Asking Price: $3,795,000. (Original Price: $3,795,000 and 285 days on the market since 06/19/2014.) This is a 1997 built, 4 bedroom/4 bath/1 half-bath, 3,862 sq ft townhouse with 2 car garage. Broker comments are”Perhaps the best located Owl Creek Home of the lot. Spectacular and unobstructed views overlooking to the Snowmass Ski Area and Hanging Valley Wall. This townhome has a corner location with views and sounds of the adjacent creek along with a beautiful perennial garden that greets you at the entrance. The townhome enjoys the more desirable ‘B’ floorplan which offers a more expansive view through the two-story windows and an entrance which is light and bright. Impeccably furnished, this home has four private bedroom suites including a master and guest master, 4 full baths and 1 powder room, two-car attached garage and easy ski-in/ski-out access from the Two Creeks Ski Area. There is no better opportunity on the Snowmass Ski Slopes under $4M than this property.” 2014 Taxes: $12,610. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/21/2014; Sold Date: 03/31/2015.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS #136712 – Snowmass, 99 N River Road, Snowmass Village, CO: Sold Price: $2,585,000/$725 sq ft; unfurnished. More details below photos.

MLS #136712 – Snowmass, 99 N River Road, Snowmass Village, CO: Sold Price: $2,585,000/$725 sq ft; unfurnished; Asking Price: $2,600,000. (Original Price: $2,600,000 and 133 days on the market since 11/14/2014.) This is a 1975 built, 5 bedroom/5 bath, 3,562 sq ft Farm/Ranch with 2 car garage on a 1,753 sq ft lot. Broker comments are “This unique 40 plus acre property sits on a special spot in Pitkin County, just 15 minutes from Aspen and 10 minutes to Basalt, CO. As you enter the private picturesque driveway you are greeted with green pastures, ponds and the Roaring Fork River. The fishing along this ¾ of a mile of riverfront is Prime. The water rights are excellent senior rights. The property also includes 3 possible riverfront building sites. One with an existing 5 bedroom home plus apartment and a 7 stall barn with two additional apartments. Whether your desired use is agricultural, fishing or horses, this is a unique Colorado opportunity.” 2013 Taxes: $7,883. Under Contract Date: 01/28/2015; Sold Date: 03/27/2015.(Photos and broker comments courtesy of Sotheby’s International Realty)

MLS #136026 – Timberline, Snowmass, 690 Carriage Way B 3a, Snowmass Village, CO: Sold Price: $750,000/$628 sq ft; furnished. More details below photos.

MLS #136026 – Timberline, Snowmass, 690 Carriage Way B 3a, Snowmass Village, CO: Sold Price: $750,000/$628 sq ft; furnished; Asking Price: $775,000. (Original Price: $775,000 and 204 days on the market since 09/08/2014.) This is a 1972 built, 2 bedroom/3 bath, 1,194 sq ft condo. Broker comments are “Direct access to the ski slopes of Snowmass. Second floor with vaulted ceilings and extra large Master Bedroom. Two decks and excellent views of Snowmass ski area. B3A is an extra large 2 Bedroom 3 Bath unit with a non-conforming loft. The loft can be used by owners but is locked off during rentals. Unit is rented as a 2 bedroom 2 bath. Second floor end unit with windows on 3 sides and vaulted ceilings provides a very light, bright living area.” 2013 Taxes: $2,966; HOA Dues: $1,329. Under Contract Date: 01/13/2015; Sold Date: 03/31/2015.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Spring Street)

Pitkin County Real Estate Transactions Recorded 


March 30 – April 3, 2015

as published on 04/13/15 by Aspen Daily News

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 101
Cost: $16,950.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $14,200.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $18,900.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $8,900.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $20,200.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $6,750.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $91,800.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 101
Cost: $29,374.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $49,750.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 101
Cost: $18,205.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $15,900.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $28,500.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $55,100.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $23,500.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 101
Cost: $28,800.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 201
Cost: $20,796.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 102
Cost: $14,200.00

Grantor: Bluegreen Vacation Unlimited Inc.
Grantee: Vacation Trust Inc., Boca Raton FL
Property: Innsbruck Condo Unit 101
Cost: $31,350.00

Grantor: William M and Elizabeth A Post
Grantee: Debra Ann Mayer Trust, Aspen
Property: Whitney Post Duplex Condo Unit East 

Cost: $2,175,000.00

Tim Estin welcomes your business, inquiries and comments. Call him at970.309.6163or email him from theContact Page. Subscribe to The Estin Report and blog on twitter@EstinAspenby clicking “Join the conversation” button below or click one of the different subscription options in banner at the top of page:

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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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