New Built Red Mountain Home at 12 Salvation Cir Closes at $27.4M/$3,650 SF Furn

(Photo  courtesy of Aspen Snowmass Sotheby’s International Realty)

Jan 2021 Market Snapshot – 10 pg report on sales by property type and by neighborhoods

Aspen Real Estate Market  Last Week’s Sales: Jan 31 – Feb 7, 21 – Week 6

Closed (13) + Under Contract / Pending (11).  [To view the new blog post, you may have to “Clear your Browser Settings”.  Go to: Chrome browser/more tools/clear browsing data.] 

The Jan 2020 Market Snapshot was posted Jan 7th in Current Reports – a 10-Pg  report on monthly and YTD sales with overall sales numbers and sales broken down by property type and neighborhood.  It is posted on or near the 1st Monday of the month. 

Bottom Line: Jan 2021 continues a market dominated by prodigious demand and limited supply. 2020 was off the charts. The Estin Report Aspen Snowmass 2021 ws was released Jan 8, 21 in Current Reports. It can be read online or downloaded as PDF.  A 32-Pg print edition is available outside Sotheby’s 415 E Hyman on the Hyman Mall, Sotheby’s 300 S Spring St (my office across from the Aspen Art Museum), at the Aspen Chamber Information Kiosk across from Paradise Bakery and the Pitkin County (ASE) airport.  If you have difficulty downloading the report PDF, please contact me directly and I’d be pleased to send it.

Blog Post: Jan 31 – Feb 7, 2021 Aspen CO real estate market activity, Week 6

Closed (13): MLS#s: 155183, 157321, 165083, 165664, 166108, 166756, 166767, 166788, 167067, 167329, 167359, 167365, 167547.  This link is valid until 3/9/2021.

Under Contract/Pending (11): MLS#s: 146810, 160664, 162068, 167156, 167305, 167636, 167910, 168155, 168276, 168309, 168415.  This link is valid until 3/9/2021.

Sold Properties Last Week:

MLS #155183 – Ridge of Red Mountain, 12 Salvation Circle, Aspen, CO; Sold Price: $27,371,000/$3,650 sq ft; furnished. Sold Date: 01/29/2021. More details below photos.

MLS #155183 – Ridge of Red Mountain, 12 Salvation Circle, Aspen, CO; Sold Price: $27,371,000/$3,650 sq ft; furnished. Sold Date: 01/29/2021. Aspen homes for sale. Ask Price: $29,500,000. (Original Price: $26,000,000 and 931 days on the market since 07/13/2018.) This is a 2020 built, 6 bedroom/6 bath/3 half-bath, 7,498 sq ft single family home with 2 car garage on a 31,044 sq ft lot. Broker comments are “Watch as this new addition to Aspen’s real estate hierarchy takes shape and be prepared to witness something special. Comprising 7,500 square feet on 3 levels, the location is exceptional, the views breathtaking, the outdoor spaces inviting, the layout thoughtful, and the finishes spectacular. This home will be built to the standards of a high-end custom home. Scheduled for completion in the Fall of 2020, the house will be delivered fully furnished and in move-in condition.. The interiors package shall include a state-of-the-art Lutron lighting system, AV system, award winning REME HALO® indoor air purification system, furniture, carpet, wall coverings, linens, cookware, china, and a multitude of accessories..” 2020 taxes: $13,739; HOA Dues: $1,314. Under Contract Date: 09/17/2020; Sold Date: 01/29/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #166788 – Meadowood, West Aspen, 180 Heather Lane, Aspen, CO; Sold Price: $18,275,000/$1,975 sq ft; furnished. Sold Date: 02/02/2021. More details below photos.

MLS #166788 – Meadowood, West Aspen, 180 Heather Lane, Aspen, CO; Sold Price: $18,275,000/$1,975 sq ft; furnished. Sold Date: 02/02/2021. Aspen homes for sale. Ask Price: $19,900,000. (Original Price: $19,900,000 and 107 days on the market since 09/28/2020.) This is a 2006 built and 2016 remodeled, 5 bedroom/5 bath/2 half-bath, 9,250 sq ft single family home with 2 car garage on a 1.19 acres lot. Broker comments are “Escape to a designer getaway on 1.19 acres.  This David Easton and Rodney Austin designed masterpiece stuns with unobstructed views of Aspen Mtn, Aspen Highlands, Red Mtn, and Tiehack. An open floor plan of over 9,200 sq. ft. reveals a gracious main living level with a gourmet kitchen, great room and entertainment spaces, ensuring everyone can comfortably spread out. All rooms (except for the gym) are above grade, filling each space with light. Enjoy fabulous outdoor living with gardens, flat lawn, hot tub, fire pit, outdoor kitchen and patio areas. A magical nature setting backs up to Meadowood Open Space, and places you close to a pond, tennis courts, miles of biking, hiking, nordic trails and Aspen schools. It’s the perfect family retreat that will keep everyone entertained for all four seasons.” 2019 taxes: $54,421; HOA Dues: $2,630. Under Contract Date: 12/27/2020; Sold Date: 02/02/2021. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #165664 – Fox Crossing, Smuggler, 532 Walnut Street, Aspen, CO; Sold Price: $6,550,000/$1,812 sq ft. Sold Date: 02/04/2021. More details below photos.

MLS #165664 – Fox Crossing, Smuggler, 532 Walnut Street, Aspen, CO; Sold Price: $6,550,000/$1,812 sq ft. Sold Date: 02/04/2021. Aspen homes for sale. Ask Price: $6,995,000. (Original Price: $7,500,000 and 192 days on the market since 07/28/2020.) This is a 2008 built, 4 bedroom/4 bath/2 half-bath/1 bonus room, 3,613 sq ft single family home with 2 car garage on a 3,368 sq ft lot. Broker comments are “Fox Crossing is a meticulously maintained neighborhood, just a short distance to downtown Aspen. This handsome 4-bedroom home features a timeless design, inside and out. The residence is being sold furnished with upgrades throughout, including; electric shades in the master bedroom, forced air and radiant heat-with central air conditioning on the middle and upper floors, hot tub, fire pit, Lutron lighting, custom closet cabinetry, and great open floor plan with terrace. This is an easy to maintain turnkey property for either a full-time homeowner or a second homeowner.” 2019 taxes: $11,843; HOA Dues: $6,368. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/30/2020; Sold Date: 02/04/2021. (Photos and broker comments courtesy of Compass Aspen)

MLS #166108 – Old Hundred, Condominium, Central Core, 900 E Durant Avenue 116, Aspen, CO; Sold Price: $2,100,000/$1,662 sq ft; furnished. Sold Date: 02/01/2021. More details below photos.

MLS #166108 – Old Hundred, Condominium, Central Core, 900 E Durant Avenue 116, Aspen, CO; Sold Price: $2,100,000/$1,662 sq ft; furnished. Sold Date: 02/01/2021. Aspen condos for sale. Ask Price: $2,350,000. (Original Price: $2,475,000 and 155 days on the market since 08/17/2020.) This is a 1970 built and 2017 remodeled, 3 bedroom/2 bath, 1,263 sq ft condo. Broker comments are “Excellent unit in this light and bright corner condo… 2 private decks, large windows, tall ceilings, wood-burning fireplace this is your ideal Aspen condo or ski pad in the core, just a couple blocks to the gondola! This property has a remodeled kitchen with Miele appliances and offers a stunning bar feature with more refrigerator storage. Granite countertops, marble bathrooms, maple flooring, and A/C, this condo offers great space for entertaining and lifestyle. Walk easily to the Little Nell Hotel, new ”W” and Gondola. This location is the key to convenience for all your favorites: ski, dine, and enjoying all Aspen has to offer.” 2019 taxes: $5,594; HOA Dues: $14,170. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/02/2021; Sold Date: 02/01/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #166756 – Aspen Main Office Condo, Condominium, West End, 220 W Main Street 210/ P1/ B6, Aspen, CO; Sold Price: $1,455,000/$2,146 sq ft; unfurnished. Sold Date: 02/04/2021. More details below photos.

MLS #166756 – Aspen Main Office Condo, Condominium, West End, 220 W Main Street 210/ P1/ B6, Aspen, CO; Sold Price: $1,455,000/$2,146 sq ft; unfurnished. Sold Date: 02/04/2021. Aspen condos for sale. Ask Price: $1,495,000. (Original Price: $1,649,500 and 134 days on the market since 09/23/2020.) This is a 1985 built and 2020 remodeled, 2 bedroom/1 3/4-bath, 678 sq ft condo. Broker comments are “As the only Private Residence in this Premier Commercial Building, this Quiet 2 bed/1 bath unit lives like a Single Family Home. Completely Remodeled and Redesigned by Donna Guerra, it’s Now Ready for your Buyer to Turn the Key. Vaulted Ceilings, New Steam Shower, Designer Kitchen, Great Views of Red Mtn, Deeded Off-Street Parking, A Generous Storage Space, In-Unit Washer/Dryer, No Rental Restrictions, and Room for Buyer to Expand. Walk to Downtown Aspen in 2 min. HOA dues include all Utilities except Cable and Wifi. Pets Considered by HOA Board. Also being installed later this month, new frosted glass floor to ceiling divider doors making residence even more private.” 2019 taxes: $1,728; HOA Dues: $7,633. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/10/2021; Sold Date: 02/04/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #167547 – Alpine Grove, Condominium, AABC (Aspen Airport Business Ctr) West Aspen, 416 Pacific Avenue F, Aspen, CO; Sold Price: $650,000/$851 sq ft; unfurnished. Sold Date: 01/29/2021. More details below photos.

MLS #167547 – Alpine Grove, Condominium, West Aspen, 416 Pacific Avenue F, Aspen, CO; Sold Price: $650,000/$851 sq ft; unfurnished. Sold Date: 01/29/2021. Aspen condos for sale. Ask Price: $695,000. (Original Price: $695,000 and 77 days on the market since 11/13/2020.) This is a 1987 built and 2018 remodeled, 2 bedroom/1 bath, 763 sq ft condo. Broker comments are “Charming and beautifully remodeled 2 bedroom 1 bath condo perfectly located on a quiet back street in the AABC. This ground floor beauty comes with parking, covered patio, in-unit laundry and ample additional storage. Improvements include hickory flooring, mosaic tile backsplash, Kohler faucet, plush carpets, upgraded blinds, remodeled bathroom tub, upgraded shower and sink fixtures. Just a quick jaunt down to the Roaring Fork River and the Rio Grande Trail. Offered unfurnished.” 2019 taxes: $1,226; HOA Dues: $8,736. Under Contract Date: 11/27/2020; Sold Date: 01/29/2021. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #166767 – Little Elk Creek, 82 Haystack Lane, Snowmass, CO; Sold Price: $405,000. Sold Date: 02/04/2021. More details below photos.

MLS #166767 – Little Elk Creek, 82 Haystack Lane, Snowmass, CO; Vacant lot for Sale; Sold Price: $405,000. Sold Date: 02/04/2021. Old Snowmass lots for sale. Ask Price: $499,000. (Original Price: $499,000 and 502 days on the market since 09/23/2019.) This is a 1 acre single family vacant lot. Broker comments are “Horse Property. Two horses allowed on this 1 Ac lot with extensive trail riding in the nearby BLM and White River National Forrest. Views of the Elk Mountain Range and Mt. Sopris. One of the few last building sites in sought-after Little Elk Creek in Old Snowmass. An irrigation ditch with community water rights runs through the property. Website www.LittleElkCreekVillage.org for CC&R’s, meeting minutes. etc. HOA Fee of $758/ Quarter. Only about 20 minutes from Willits with all of it’s amenities and Aspen with it’s 4 world class ski resorts. Water tap fee has not been paid. There is no sewer. A septic tank has to be installed. Square Footage. Minimum square footage of home is 1,000sf. FAR. 5,750sf per Pitkin County GMQS (Growth Management Quota System) up to an additional 15,000sf which has to go through County and has to be approved by P&Z and Board of County Commissioners or can us TDR’s to increase square footage. Also must be approved by HOA. Set Back’s per Pitkin County. 2020 taxes: $6,806; HOA Dues: $3,140. Under Contract Date: 01/08/2021; Sold Date: 02/04/2021. (Photos and broker comments courtesy of Janet Mitchell & Co)

MLS #157321 – Divide, 776 Divide Drive, Snowmass Village, CO; Sold Price: $5,280,000/$963 sq ft; furnished. Sold Date: 02/05/2021. More details below photos.

MLS #157321 – Divide, 776 Divide Drive, Snowmass Village, CO; Sold Price: $5,280,000/$963 sq ft; furnished. Sold Date: 02/05/2021. Snowmass Village homes for sale. Ask Price: $5,995,000. (Original Price: $6,850,000 and 2,098 days on the market since 01/29/2014.) This is a 1991 built, 5 bedroom/5 bath/1 half-bath, 5,481 sq ft single family home with 2 car garage on a 1.21 acres lot. Broker comments are “End of the road privacy, a million acre back yard with all day sunshine and big mountain views define this Divide property. There is a reason this was the highest priced and most sought-after lot in the development originally. The home is characterized by an open flowing floorplan, soaring ceilings, and perfectly framed mountain views. A private snow melt walkway leads directly from the ski room to a manicured trail with access to both Dawdler and Slot. Skip the lift line at Village Express and ski or snowboard directly to Campground Lift and Sam’s Knob. Watch skiers and riders descend Slot, Zugspitze and Promenade Trails from the private south facing, main level master suite. A steam shower, a jetted tub, dual vanities, radiant heat and a walk-in closet highlight the master bathroom. A kiva gas fireplace warms the master suite. A kitchen remodel with solid slab granite stone countertops and new stainless-steel appliances was completed in 2016. Other recent upgrades include a new roof and a new Trex deck about three years ago. A sprinkled lawn, wildflowers and Aspen trees surround the property. A folding glass wall opens to the outdoors from the spa. Ride your bike or hike out your door in summer on miles of Snowmass single-track trails. A two-car heated garage plus an oversized storage room with built-ins provides abundant storage. Additional FAR for expansion is available. Five en suite bedrooms plus an office/den TV room, and powder room offers plenty of room for family and friends.” 2020 taxes: $23,190; HOA Dues: $5,706. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/27/2020; Sold Date: 02/05/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #165083 – Base Village/One Snowmass West, Condominium, 45 Wood Road 503 West, Snowmass Village, CO; Sold Price: $4,250,000/$1,649 sq ft. Sold Date: 02/05/2021. More details below photos.

MLS #165083 – Base Village/One Snowmass West, Condominium, 45 Wood Road 503 West, Snowmass Village, CO; Sold Price: $4,250,000/$1,649 sq ft. Sold Date: 02/05/2021. Snowmass Village condos for sale. Ask Price: $4,250,000. (Original Price: $4,250,000 and 249 days on the market since 06/01/2020.) This is a 2018 built, 4 bedroom/4 bath, 2,577 sq ft condo. Broker comments are “11 full ownership residences occupy One Snowmass West. 503 features luxurious finishes and fixtures, sweeping mountain views, sunset dining deck with gas grill hookup, Ortal fireplace, Gaggenau kitchen appliances, five-fixture master bath and large walk-in closets. One Snowmass is a ski-in, ski-out resort property just steps from Elk Camp Gondola, Base Village Plaza, The Collective, and transit center. One Snowmass owners enjoy access to the on-site fitness facility, sky terrace spa pool, and Inspirato member’s lounge. Ownership includes front desk and concierge services, generously sized owner storage and ski lockers, 5-year Inspirato membership, parking while in residence, and excellent proximity to all the dining, events, and programming offered in Base Village.” 2018 taxes: $30,749; HOA Dues: $42,295. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/11/2020; Sold Date: 02/05/2021. (Photos and broker comments courtesy of Slifer Smith & Frampton Real Estate)

MLS #167329 – Ridge Run, 318 Ridge Road, Snowmass Village, CO; Vacant lot for Sale; Sold Price: $2,725,000. Sold Date: 01/29/2021. More details below photos.

MLS #167329 – Ridge Run, 318 Ridge Road, Snowmass Village, CO; Vacant lot for Sale; Sold Price: $2,725,000. Sold Date: 01/29/2021. Snowmass Village lots for sale. Ask Price: $2,950,000. (Original Price: $2,950,000 and 466 days on the market since 09/10/2018.) This is a 41,818 sq ft single family vacant lot. Broker comments are “Uniquely private building site with south facing views of Mt. Daly, ski area and Snowmass Village. Offers ski access to Elk Camp. Common area to west and north make this a most coveted location. Driveway access allows for a gracious entry to home. Envelope corners and proposed driveway access are clearly marked with color coded flagging. Quick drive to The Snowmass Center/Base Village/Snowmass Mall from this base of Ridge Run location.” 2020 taxes: $33,502; HOA Dues: $100. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/01/2020; Sold Date: 01/29/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #167067 – Country Club Homes, 700 Snowmass Club Circle 80, Snowmass Village, CO; Sold Price: $2,325,000/$801 sq ft; unfurnished. Sold Date: 02/02/2021. More details below photos.

MLS #167067 – Country Club Homes, 700 Snowmass Club Circle 80, Snowmass Village, CO; Sold Price: $2,325,000/$801 sq ft; unfurnished. Sold Date: 02/02/2021. Snowmass Village townhomes for sale. Ask Price: $2,555,000. (Original Price: $2,950,000 and 113 days on the market since 10/12/2020.) This is a 1987 built, 2 bedroom/3 bath/1 half-bath, 2,901 sq ft townhome with 2 car garage. Broker comments are “Prime corner location in the Snowmass Club Townhomes with southern exposure that boasts all day sunshine and gorgeous views of the Snowmass Ski Area. Convenient walkout to lawn and tranquil stream off the lower decks. High vaulted ceilings in the upper living and kitchen areas create a great open feel, with new decking to entertain and take in the views of Mt. Daly and Snowmass Mountain. Larger townhome at 2,900 square feet. Custom design with 2 BR’s, 3.5 BA’s, and ability to expand to 3 or 4 BR’s. Easy access to the Snowmass Club, surrounding trails, Two Creeks ski area, golf course, and Aspen, via scenic Owl Creek Road. Two car garage for all of your mountain needs, and free shuttle access outside your door. Country Club living in one of the best resorts in the world.” 2020 taxes: $7,676; HOA Dues: $19,296. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/12/2021; Sold Date: 02/02/2021. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)

MLS #167365 – Wood Run V, 590 Wood Road 44, Snowmass Village, CO; Sold Price: $2,325,000/$1,191 sq ft; partially furnished. Sold Date: 02/01/2021. More details below photos.

MLS #167365 – Wood Run V, 590 Wood Road 44, Snowmass Village, CO; Sold Price: $2,325,000/$1,191 sq ft; partially furnished. Sold Date: 02/01/2021. Snowmass Village townhomes for sale. Ask Price: $2,475,000. (Original Price: $2,475,000 and 90 days on the market since 11/03/2020.) This is a 1981 built and 2017 remodeled, 3 bedroom/3 bath, 1,952 sq ft townhome with 1 car garage. Broker comments are “Turn-key Remodel. This 3 bedroom 3 bathroom townhouse faces south capturing all day sunshine with beautiful views to the top of Snowmass ski area. Vaulted ceilings, upgrades throughout and a great floor plan, make this a must see in Snowmass Village. Ski straight from your back door to the Funnel ski trail with an easy walk back through the Woodrun V ski access. Residence #44 is located in the private Phase III of Woodrun V townhouses, with its own carport conveniently located adjacent to the townhome building. This neighborhood of Woodrun V has a hot tub and is adjacent to the Elk Camp Gondola mid-station.” 2019 taxes: $5,060; HOA Dues: $21,064. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/11/2020; Sold Date: 02/01/2021. (Photos and broker comments courtesy of Engel & Volkers Snowmass)

MLS #167359 – Country Club Villas, Condominium, 150 Snowmass Club Circle 1533, Snowmass Village, CO; Sold Price: $788,000/$833 sq ft; furnished. Sold Date: 02/03/2021. More details below photos.

MLS #167359 – Country Club Villas, Condominium, 150 Snowmass Club Circle 1533, Snowmass Village, CO; Sold Price: $788,000/$833 sq ft; furnished. Sold Date: 02/03/2021. Snowmass Village condos for sale. Ask Price: $805,000. (Original Price: $805,000 and 93 days on the market since 11/02/2020.) This is a 1987 built and 2016 remodeled, 2 bedroom/2 bath, 945 sq ft condo. Broker comments are “An exceptional third floor unit at the Country Club Villas, located steps away from the Snowmass Club. This unit has lovely furnishings and is a great investment property or full time home. The golf course and mountain views are stunning from the deck and windows. A Snowmass Club Membership is available for transfer on this home (subject to $1,000 transfer fee).” 2020 taxes: $2,272; HOA Dues: $12,200. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/20/2020; Sold Date: 02/03/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

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