The Estin Report: May and YTD 2015 Aspen Snowmass Real Estate Market Snapshot was released late Monday, 06/02/15 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 Miscellaneous Info. These are properties that have been recently or are currently being redeveloped for re-sale. This post is updated (last -05/07/15) 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 22, May 24 – 31, 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 (8):MLS #’s:135598,129343,132412,133656,136339,137492,139004,139263. This link is valid until 06/30/2015.

Under Contract/Pending (5):MLS#’s:137528,127470,138024,139082,139236. This link is valid until06/30/2015.

Aspen Snowmass Solds Last Week:

MLS #135598 – West Aspen, 787 Castle Creek Drive (off Cemetery Ln), Aspen, CO: Sold Price: $3,100,000/$888 sq ft; unfurnished. More details below photos.

MLS #135598 – West Aspen, 787 Castle Creek Drive, Aspen, CO: Sold Price: $3,100,000/$888 sq ft; unfurnished; Asking Price: $3,450,000. (Original Price: $3,450,000 and 301 days on the market since 08/01/2014.) This is a 1993 built and 2014 remodeled, 4 bedroom/4 bath/1 half-bath, 3,491 sq ft duplex/half-duplex with 2 car garage. Broker comments are “Newly remodeled duplex with a tasteful blend of tradition & contemporary design, conveniently located between downtown Aspen and the ski slopes! The expansive outdoor space including a running stream into a pond & two generous patios allow for entertaining, while the gourmet kitchen with dual Sub-Zero refrigerators, La Cornue double oven/stove, Miele dishwasher, separate microwave & built in wine cooler is sure to please any creative chef. A double-sided fireplace enhances the 20 foot vaulted ceilings that surround the great room, kitchen, dining area & master bedroom, and an especially large 4th bedroom can accomodate a recreation or exercise area. Features include 3,491 heated square feet, 4 bedrooms, 4.5 baths, master bath, & separate Jacuzzi tub, radiant heat, A/V wiring with built-in speakers, 515 square foot two car garage, snowmelted front walk, in ground irrigation, and ample storage.” 2014 Taxes: $7,111. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/02/2015; Sold Date: 05/29/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #129343 – Single Family Vacant Lot, Conundrum, 761 Conundrum Road, Aspen, CO: Sold Price: $1,800,000. More details below photos.

MLS #129343 – Single Family Vacant Lot, Conundrum, 761 Conundrum Road, Aspen, CO: Sold Price: $1,800,000; Asking Price: $1,900,000. (Original Price: $2,450,000 and 2,354 days on the market since 03/01/2010.) This is a 81,457 sq ft single family lot in Aspen. Broker comments are “Mind, body and spirit call to you at Conundrum Creek. Located in the Aspen School District, and near Aspen Country Day School / Aspen Music School campus. OUTDOOR MAGAZINE RATES THE HIKE TO CONUNDRUM HOT SPRINGS IN TOP 5 HIKES IN THE NATION! This lot is just around the corner from the trailhead. ONCE IN A LIFETIME OPPORTUNITY TO BUILD 50 FEET FROM THE RIVER – SELLER WANTS THIS SOLD IN 90 DAYS. Current zoning is 100 ft. setback is required. Building envelope has been obtained. Can built up to 5,750 sq.ft, which includes a 1,000 sq. ft. CDU. PRICED TO SELL. The adjacent home sold for $8.4 million in 2008.Serene Conundrum Creek Lot, tributaries and ponds running along the sides of the property.” 2013 Taxes: $4,088. Under Contract Date: 04/10/2015; Sold Date: 05/26/2015.(Photos and broker comments courtesy of Portfolio Aspen Properties)

MLS #137492 – Mill Street Condo, Central Core, 415 Rio Grande Place 202, Aspen, CO: Sold Price: $405,000/$573 sq ft; unfurnished. More details below photos.

MLS #137492 – Mill Street Condo, Central Core, 415 Rio Grande Place 202, Aspen, CO: Sold Price: $405,000/$573 sq ft; unfurnished; Asking Price: $420,000. (Original Price: $420,000 and 517 days on the market since 07/29/2010.) This is a 2001 built and 2007 remodeled, 1 bedroom/1 bath, 706 sq ft condo with 1 car garage. Broker comments are “Jump on this opportunity to have your own space in downtown Aspen! Unbeatable location on Rio Grande Park (yes, you can have a dog!) and just one block from restaurant row. Lots of natural light in this second floor spacious one bedroom facing Red Mountain. Contemporary style with hardwood floors, remodeled kitchen, updated bath, in-unit washer and dryer and downtown garage parking. What’s the catch at this price? This is a ”deed restricted” property so part of the criteria is that only locals working at least nine months a year here are eligible to buy. Contact listing broker for more details!” 2014 Taxes: $1,003; HOA Dues: $250 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/23/2015; Sold Date: 05/29/2015. (Photos and broker comments courtesy of Shane Aspen Real Estate)

MLS #139004 – Country Club Villas, Snowmass Village, 240 Snowmass Club Circle 1410, Snowmass Village, CO: Sold Price: $1,110,000/$720 sq ft; furnished. More details below photos.

MLS #139004 – Country Club Villas, Snowmass Village, 240 Snowmass Club Circle 1410, Snowmass Village, CO: Sold Price: $1,110,000/$720 sq ft; furnished; Asking Price: $1,150,000. (Original Price: $1,150,000 and 14 days on the market since 05/14/2015.) This is an 1984 built, 2 bedroom/2 bath, 1,540 sq ft condo with 1 car garage. Broker comments are “This wonderful Two bedroom, Two bath with den, is ideally located for views, and provides an open floor plan with end unit exposure, private entry, garage, and only a short walk to the Snowmass Village shuttle, with easy access to the Snowmass Club.” 2014 Taxes: $2,764; HOA Dues: $4,021 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/14/2015; Sold Date: 05/28/2015.(Photos and broker comments courtesy of Alpine Real Estate, Inc)

MLS #132412 – Country Club Villas, Snowmass Village, 55 Upper Woodbridge Road L-5, Snowmass Village, CO: Sold Price: $635,000/$456 sq ft; furnished. More details below photos.

MLS #132412 – Country Club Villas, Snowmass Village, 55 Upper Woodbridge Road L-5, Snowmass Village, CO: Sold Price: $635,000/$456 sq ft; furnished; Asking Price: $659,000. (Original Price: $695,000 and 1,985 days on the market since 01/20/2009.) This is an 1973 built and 2007 remodeled, 3 bedroom/3 bath, 1,391 sq ft condo with 1 car garage. Broker comments are “All about the magnificent views from this top floor, 3 bedroom + den. Individual building, stands alone. Extra big picture window, vaulted ceiling, owner storage, very few steps from the covered parking. Cheerful look, updated baths & kitchen, open floor plan that sleeps 8 very comfortably. Catch Village Free Shuttle outside the door to get to slopes in a minute!” 2014 Taxes: $1,751; HOA Dues: $2,538 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 3/13/2015; Sold Date: 05/27/2015.(Photos and broker comments courtesy of BJ Adams and Company-SMV)

MLS #133656 – Meadow Ranch, Snowmass Village, 371 Meadow Ranch F2a, Snowmass Village, CO: Sold Price: $630,000/$508 sq ft; furnished. More details below photos.

MLS #133656 – Meadow Ranch, Snowmass Village, 371 Meadow Ranch F2a, Snowmass Village, CO: Sold Price: $630,000/$508 sq ft; furnished; Asking Price: $649,000. (Original Price: $665,000 and 418 days on the market since 04/04/2014.) This is an 1976 built and 2007 remodeled, 2 bedroom/2 bath, 1,238 sq ft condo. Broker comments are “Nicely appointed 2 bedroom, 2 bath, 2 level condominium at Meadow Ranch. Easy access from the lower parking lot directly to your unit. Very close to bus stop for easy convenience around Snowmass and the valley. Fabulous views of Snowmass Golf course and downvalley from the living areas as well as the master! Aspen School District.” 2014 Taxes: $2,269; HOA Dues: $1,473 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/26/2015; Sold Date: 05/27/2015.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #136339 – Stonebridge, Snowmass Village, 30 Anderson Lane 816, Snowmass Village, CO: Sold Price: $485,000/$677 sq ft; furnished. More details below photos.

MLS #136339 – Stonebridge, Snowmass Village, 30 Anderson Lane 816, Snowmass Village, CO: Sold Price: $485,000/$677 sq ft; furnished; Asking Price: $525,000. (Original Price: $525,000 and 232 days on the market since 10/06/2014.) This is an 1969 built and 2012 remodeled, 1 bedroom/1 bath/1 half-bath, 716 sq ft condo. Broker comments are “Sweet one bedroom, one and one half bath condominium which has been TOTALLY RENOVATED. VIEWS across the valley and mere steps to the ski slopes. Great on site management. Amenities include, elevator access, UNDERGROUND PARKING, fitness facilities, pool, Jacuzzi, fire pit, rentals, among others.” 2013 Taxes: $1,842; HOA Dues: $4,997 per Year. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/27/2015; Sold Date: 05/26/2015.(Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

No Photo in MLS for this Aspen Sq Condo #135 in Central Core Aspen.

MLS #139263 – Central Core, Aspen Square Condominiums, 617 E Cooper Ave Unit 135 (AKA 35), Aspen, CO: Sold Price: $2,050,000/$2,452 sq ft; furnished; Asking Price: $2,195,000. (Original Price: $2,195,000 and 101 days on the market since 02/17/2015.) Aspen Square Hotel and Condo is located in the center of Aspen, one block from the Aspen Mountain Gondoal and half a block from City Market. The largest units are 836 sq ft. This is a 1969 built, 3 bedroom/2 bath, 836 sq ft condo. No broker comment. “Sold before MLS”. 2014 Taxes: $3,243. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/29/2015; Sold Date: 05/29/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

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:

Recent Estin Report tweets on Aspen Real Estate

{loadposition articlepos}

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 by email.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:“The Estin Report on Aspen Real Estate.”

_______________________________________