Aspen Real Estate Market  Last Week’s Sales: Jul 14 – 21, 19 – Week 29

Closed (9) + Under Contract / Pending (13).

The June & YTD 2019 Aspen Snowmass Village Real Estate Market Report Snapshot was posted July 5th in Current Reports.   The Monthly Snapshots are posted on or near the 1st Monday of every month. 

Just Released Bi-Annual – Estin Report: Aspen Snowmass Real Estate Market 2019 Winter Spring

The updated Pace of Sales Charts Q2 2008 through Q2 2019 were posted in Charts on July 17, 19.
These answer the question “Where are we now compared to prior periods?” and indicate market direction with trend lines.

     
                                   Aspen & Snowmass Village Historic Real Estate Sales Chart Series

Blog Post: Jul 14 – 21, 2019 Aspen CO real estate market activity, Week 29

Weekly Aspen and Snowmass CO real estate sales activity appears below for sold and under contracts properties in the upper Roaring Fork Valley over $250,000 – for Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass. Fractional sales are not included. Photos and written descriptions of sold properties are posted here as the MLS links below expire after 30 days. For earlier dates, see the Estin Report blog archives starting in 2008 at the bottom of the page. Or use SearchEstinAspen in 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 (9):  MLS#s: 141510, 151998, 156044, 156539, 159197, 159319, 159718, 159763, 160454.  This link is valid until 8/20/2019.

Under Contract/Pending (13): MLS#s: 120205, 151299, 155801, 158663, 159246, 159336, 159709, 159776, 159874, 160197, 160211, 160459, 160516.  This link is valid until 8/20/2019.

Sold Properties Last Week:

MLS #160454 – Aspen Grove, East Aspen, 287 McSkimming Road, Aspen, CO: Sold Price: $14,400,000/$2,271 sq ft. Sold Date: 07/17/2019. More details below photos.

MLS #160454 – Aspen Grove, East Aspen, 287 McSkimming Road, Aspen, CO: Sold Price: $14,400,000/$2,271 sq ft. Unfurnished. Sold Date: 07/17/2019. Aspen homes for sale. Ask Price: $14,500,000. (Original Price: $14,500,000 and sold during construction.) Tim’s notes: McSkimming Road used to have the nickname, “Poor man’s Red Mountain” offering proximity to downtown, 1/2 mile to the east and Red Mountain-like views without the prices. While there is still truth to that label, McSkimming has come into its own as a sizzling hot area… it is more convenient to town than Red Mtn, but south and west facing views on the west side of McSkimming Rd are beautiful in their own right. The real difference: this lot sold at $3M in Oct 2016; a Red Mtn lot would be minimum $7.5-$8M. Red Mountain historically has the prestige and exclusivity; McSkimming does not but it’s getting there.  See lot location map and Aspen Map. Directions: Hwy 82 East out of town,  left on McSkimming Road – property on left hand side. This is a 2019 built, 5 bedroom/5 bath/1 half-bath, 6,340 sq ft single family home with 2 car garage on a 31,720 sq ft lot. Broker comments are “The latest project developed by Good Property in collaboration with Henrybuilt featuring the highest quality and timeless Zen design on a .72 acre site with unobstructed views of the City of Aspen, Aspen Mountain, Mt. Sopris, the Roaring Fork Valley, and West facing views for perfect sunsets.” 2018 taxes: $30,139. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/16/2019; Sold Date: 07/17/2019. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #141510 – East Aspen, 44971 E Highway 82, Aspen, CO: Sold Price: $2,950,000/$1,562 sq ft; unfurnished. Sold Date: 07/12/2019. More details below photos.

MLS #141510 – East Aspen, 44971 E Highway 82, Aspen, CO: Sold Price: $2,950,000/$1,562 sq ft; unfurnished. Sold Date: 07/12/2019. Aspen duplex/half-duplex for sale. Ask Price: $2,950,000. (Original Price: $2,950,000 and 1,988 days on the market since 06/20/2013.) This is a 1950 built, 4 bedroom/4 3/4-bath, 1,888 sq ft duplex/half-duplex on a 2.2 acres lot. Broker comments are “Duplex PLUS single family cabin, 3 units, 2 bedroom/loft, 2-3/4 baths, 1 bed, 1 bath, 1 bed, 1 bath cabin, grandfathered. Or tear down and rebuild with Caretaker Dwelling Unit (CDU) with existing cabin. Or live in with strong rental income. 1-1 rents for $1000, other 2 units trade work for rent. In-district with thousands $$ to help pay from rental units or use one for nanny. Charming with stream, views, and old trees. Can be remodeled. See survey.” 2015 taxes: $5,332. Under Contract Date: 06/29/2018; Sold Date: 07/12/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #156539 – Brand Building, Central Core Downtown Aspen, 205 S Galena Street Unit 15, Aspen, CO: Sold Price: $1,055,000/$1,847 sq ft; unfurnished. Sold Date: 07/16/2019. More details below photos.

MLS #156539 – Brand Building, Central Core Downtown Aspen, 205 S Galena Street Unit 15, Aspen, CO: Sold Price: $1,055,000/$1,847 sq ft; unfurnished. Sold Date: 07/16/2019. Aspen condos for sale. Ask Price: $1,199,000. (Original Price: $1,250,000 and 557 days on the market since 12/06/2017.) This is a 1888 built and 2015 remodeled, 1 bedroom/1 bath, 571 sq ft condo. Broker comments are “Charming downtown pied-a-terre in Aspen’s historic Brand Building. Forget the car and enjoy the walk-to-everything convenience of in-town living! For those looking for a move-in ready option in the core, the classic character of this inviting condo can work immediately, but there is also wonderful potential for a sleek and sophisticated remodel to elevate this residence to the pinnacle of Aspen’s must have list.” 2018 taxes: $2,681; HOA Dues: $12,000. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/04/2019; Sold Date: 07/16/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #159718 – Garet Condos, West End, 222 W Hopkins Avenue 3, Aspen, CO: Sold Price: $579,000/$1,327 sq ft; furnished. Sold Date: 07/16/2019. More details below photos.

MLS #159718 – Garet Condos, West End, 222 W Hopkins Avenue 3, Aspen, CO: Sold Price: $579,000/$1,327 sq ft; furnished. Sold Date: 07/16/2019. Aspen condos for sale. Ask Price: $590,000. (Original Price: $590,000 and 39 days on the market since 06/07/2019.) This is a 1888 built and 2015 remodeled, 1 bedroom/1 bath, 436 sq ft condo. Broker comments are “Charming and romantic one bedroom pied-a-terre recently refreshed in a converted historic Victorian home in Aspen’s West End. South facing with front and side porch, Aspen Mountain Views, A+ location on a ”pedestrian friendly” street three blocks to downtown Aspen. Historic front door and bay windows. Quiet and convenient – two blocks to downtown. Long term and short term rental allowed. Pets allowed. Landscaping and front lawn.” 2018 taxes: $1,424; HOA Dues: $3,456. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/27/2019; Sold Date: 07/16/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #159197 – Hunter Creek Condominiums, Smuggler Area, 1328 Vine Street, Aspen, CO: Sold Price: $560,000/$963 sq ft; unfurnished. Sold Date: 07/18/2019. More details below photos.

MLS #159197 – Hunter Creek Condominiums, Smuggler area, 1328 Vine Street, Aspen, CO: Sold Price: $560,000/$963 sq ft; unfurnished. Sold Date: 07/18/2019. Aspen condos for sale. Ask Price: $575,000. (Original Price: $575,000 and 66 days on the market since 05/13/2019.) This is a 1980 built, 1 bedroom/1 bath, 581 sq ft condo. Tim’s notes: Hunter Creek Condominiums is where you find Aspen value living  in a complex of 12 dormitory-like buildings configured much like a college campus – amenities include front office mgmt, pool, tennis courts, regular shuttle bus service to Gondola and town. Broker comments are “Enjoy views of Aspen Mountain from this light and bright Hunter Creek one bedroom. An end-unit with an extra window, it’s just steps from the pool, hot tubs, and tennis courts. Build a wood fire in winter, or enjoy coffee or drinks on the balcony in summer. Excellent rental potential, or fix it up and make it your own. All this and you’re at the gateway to the Hunter Creek trail system, and yet just a short walk or free bus ride to the center of town.” 2019 taxes: $1,408; HOA Dues: $4,013. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/20/2019; Sold Date: 07/18/2019. (Photos and broker comments courtesy of Compass Aspen)

MLS #159763 – Water View Condo, Woody Creek, 308 Waterview Drive, Snowmass, CO: Sold Price: $376,500/$662 sq ft. Sold Date: 07/19/2019. More details below photos.

MLS #159763 – Water View Condo, Woody Creek, 308 Waterview Drive, Snowmass, CO: Sold Price: $376,500/$662 sq ft. Sold Date: 07/19/2019. Old Snowmass condos for sale. Tim’s notes: This complex is located about 10-12 minutes west of Aspen sandwiched between  Hwy 82 and the Roaring Fork River. Ask Price: $390,000. (Original Price: $390,000 and 44 days on the market since 06/05/2019.) This is a 1970 built, 1 bedroom/1 bath, 568 sq ft condo. Broker comments are “Overlooking the Roaring Fork River this 1 bedroom, 1 bathroom condo features an updated bathroom and kitchen, common lawn area, and is centrally located in the Roaring Fork Valley.” 2018 taxes: $1,833; HOA Dues: $4,896. Under Contract Date: 06/12/2019; Sold Date: 07/19/2019. (Photos and broker comments courtesy of Compass Aspen)

MLS #151998 – Fox Run PUD, 955 Fox Run Drive, Snowmass Village, CO: Sold Price: $5,500,000/$1,081 sq ft; furnished. Sold Date: 07/19/2019. More details below photos.

MLS #151998 – Fox Run PUD, 955 Fox Run Drive, Snowmass Village, CO: Sold Price: $5,500,000/$1,081 sq ft; furnished. Sold Date: 07/19/2019. Snowmass Village homes for sale. Ask Price: $5,900,000. (Original Price: $5,650,000 and 481 days on the market since 12/26/2017.) This is a 1989 built and 2018 remodeled home, 5 bedroom/5 bath/1 half-bath, 5,085 sq ft single family home with 3 car garage on a 36,844 sq ft lot. Tim’s notes: This is a remodeled spec home. The developer purchased this older home in June 2017 and transformed into a 2018 built contemporary beauty. The same developer has successfully flipped a number of these Snowmass Village redevelopments in the past 3-4 years. See Tim’s Flip Jobs Section for examples 2014 -2019. Broker comments are “Spectacular views, spacious outdoor entertaining areas, exceptional privacy and sophisticated design…If this describes your idea of the perfect mountain home, you must see this one. Located in Snowmass Village’s Fox Run Neighborhood, this 5 bedroom, 5.5 bath estate property is a redesigned masterpiece with mountain-modern finishes and decor. The master suite is like no other, complete with his and hers private closets, large soaking tub, separate vanity areas, oversized steam shower, sitting room and huge private outdoor patio. For your guests, this home offers a great room and second media/game room on the lower level. Of the four guest suites, one is a junior master and another a bunk room for the kiddos. Located on the East side of Snowmass and in close proximity to Two Creeks Ski Area and on Aspen’s back doorstep, this is one of the more unique homes available in today’s market.” 2018 taxes: $10,792; HOA Dues: $2,200 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/21/2019; Sold Date: 07/19/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #156044 – Assay Hill Lodge, 130 Wood Road 719, Snowmass Village, CO: Sold Price: $915,000/$940 sq ft; furnished. Sold Date: 07/15/2019. More details below photos.

MLS #156044 – Assay Hill Lodge, 130 Wood Road 719, Snowmass Village, CO: Sold Price: $915,000/$940 sq ft; furnished. Sold Date: 07/15/2019. Snowmass Village condos for sale. Ask Price: $915,000. (Original Price: $915,000 and 265 days on the market since 09/08/2018.) This is a 2009 built, 2 bedroom/2 bath, 973 sq ft condo. Broker comments are “Ski-In/Ski-Out Whole Ownership Residences 95% Sold out. Aspen/Snowmass’ most cost efficient, effortless vacation homes Two-and three-bedroom hotel-condos can be customized to reflect your personal tastes and style. New $5 million hotel enhancements completed with contemporary refresh of all residences. Offers Viceroy resort amenities and services including elegant spa, extraordinary food and beverage venues, ski valet, concierge plus fitness center. Viceroy rental program. This is part of the $600 million transformation of Snowmass Base Village.” 2017 taxes: $6,320; HOA Dues: $25,504. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/23/2019; Sold Date: 07/15/2019. (Photos and broker comments courtesy of SV Real Estate)

MLS #159319 – Aspenwood Condos, 600 Carriage Way J6, Snowmass Village, CO: Sold Price: $279,900/$538 sq ft; furnished. Sold Date: 07/17/2019. More details below photos.

MLS #159319 – Aspenwood Condominiums, 600 Carriage Way J6, Snowmass Village, CO: Sold Price: $279,900/$538 sq ft; furnished. Sold Date: 07/17/2019. Snowmass Village condos for sale. Tim’s notes: for location, see this Snowmass Village Condo Map. Ask Price: $279,900. (Original Price: $279,900 and 89 days on the market since 04/19/2019.) This is a 1967 built and 2006 remodeled, studio/1 bath, 520 sq ft condo. Broker comments are “Cute studio with prime location to ski slopes and mall. Has additional owners storage locker. Good rental property.” 2018 taxes: $821; HOA Dues: $7,828. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/16/2019; Sold Date: 07/17/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

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