The Estin Report: November 2014 Aspen Snowmass Market Snapshot was posted on Dec 3, 14 in Current Reports.

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 use SearchEstinAspen in 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 48, Nov 30 – Dec 07, 2014

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 (11): MLS”s: 132949, 134576, 130362, 134298, 135679, 135184, 135849, 130600, 135485, 135923, 135656. This link is valid until 01/07/2015.

Under Contract / Pending (6): MLS’s: 132160/132162, 133046, 132600, 130721, 134813, 123847. This link is valid until 01/07/2015.

Aspen Snowmass Solds Last Week:

MLS #132949 – Aspen, Red Mountain, Pitkin Green single family home, 69 Herron Hollow Road, Aspen, CO: Sold Price: $6,800,000/$1,085 sq ft furnished. More details below photos.

MLS #132949 – Aspen, Red Mountain, Pitkin Green single family home, 69 Herron Hollow Road, Aspen, CO: Sold Price: $6,800,000/$1,085 sq ft furnished; Asking Price: $7,595,000. (Original Price: $8,995,000 and 820 days on the market since 06/07/2012.) This is a 1990 built/2010 remodeled, 5 bedroom/5 bath/2 half bath, 6,262 sq ft single family home with 2 car garage on a 46,696 sq ft lot. Broker comments are, “Situated on over an acre of extraordinary mountain-view property and located on the ”Fifth Avenue” of Aspen, this unique estate truly defines living at its finest. Completely refurbished in 2010, this home provides exquisite finishes and the finest furnishings throughout. The expansive master suite includes a double-sided stone gas fireplace, two private decks, a reading nook, 700 sq. ft. of lavish bathroom space complete w/ heated travertine floors, steam shower, jetted tub, enormous walk-in closets, and dressing area. Gourmet, eat-in, chef’s kitchen, separate formal dinning area, & multiple living spaces with sweeping mountain & landscape views. Special features include a Western billiards room w/custom pool table, antique log bar, and a gym/massage room with infra-red sauna. Must See.” 2013 Taxes: $16,369; HOA Dues: $615 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/14/2014; Sold Date: 12/03/2014. (Photos and broker comments courtesy of Whitman Fine Properties.)

MLS #134576 – Aspen, McLain Flats, Starwood single family home, 298 Johnson Drive, Aspen, CO: Sold Price: $6,200,000/$1,246 sq ft furnished. More details below photos.

MLS #134576 – Aspen, McLain Flats, Starwood single family home, 298 Johnson Drive, Aspen, CO: Sold Price: $6,200,000/$1,246 sq ft furnished; Asking Price: $6,750,000. (Original Price: $6,750,000 and 183 days on the market since 06/05/2014.) This is a 2002 built, 6 bedroom/7 bath/2 half bath, 4,975 sq ft single family home with 2 car garage on a 122,404 sq ft lot. Broker comments are, “From the moment you enter the guarded private Starwood gate, you’ll know this is a special place. Located on nearly 3 acres, this beautiful estate is situated on a prime lot with unobstructed & picturesque mountain views. The warm and inviting home features 4,975 square feet on two levels with access to the oversized 778 square foot two car garage on the lowest level. Outdoors, the spectacular views are front and center from the manicured grounds and generous snowmelted stone patio, where basking in the sun or relaxing in the infinity pool or hot tub is welcome year-round. Indoors, the inviting breakfast nook adjacent to the kitchen makes for a great gathering spot, while a private dining room and large living room with floor to ceiling windows are great for entertaining.” 2013 Taxes: $23,285; HOA Dues: $347 Yr. Under Contract Date: 09/30/2014; Sold Date: 12/05/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #130362 – Aspen, West End single family home, 712 W. Francis Street, Aspen, CO: Sold Price: $3,600,000/$1,059 sq ft unfurnished. More details below photos.

MLS #130362 – Aspen, West End single family home, 712 W. Francis Street, Aspen, CO: Sold Price: $3,600,000/$1,059 sq ft unfurnished; Asking Price: $3,800,000. (Original Price: $3,800,000 and 643 days on the market since 06/17/2013.) A nicely remodeled 2007 West End Victorian selling at or near lot value, but certainly not a teardown home. The property went under contract in June 2014 – almost 6 mos ago and after a torrid West End sales season over the summer – and closed below present market value. This is a 1910 built/2007 remodeled, 3 bedroom/3 bath/1 half bath, 3,399 sq ft single family home with 2 car garage on a 4,500 sq ft lot. Broker comments are, “Best home under $4 million in Aspen’s historic West End. Classic Victorian charm, yet with the sophistication and features you look for in a home today. High ceilings, light-filled rooms, remodeled in 2007. Close to the Music Tent, free skier shuttle and downtown. Prepare to be smitten.” 2013 Taxes: $9,601. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/28/2014; Sold Date: 12/04/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #134298 – Aspen, East Aspen, Mountain Valley single family home, 221 Mountain Laurel Drive, Aspen, CO: Sold Price: $2,100,000/$840 sq ft unfurnished. More details below photos.

MLS #134298 – Aspen, East Aspen, Mountain Valley single family home, 221 Mountain Laurel Drive, Aspen, CO: Sold Price: $2,100,000/$840 sq ft unfurnished; Asking Price: $2,100,000. (Original Price: $3,500,000 and 2,277 days on the market since 07/14/2007.) This is a 1977 built/1998 remodeled, 4 bedroom/3 bath/1 half bath, 2,500 sq ft single family home on a 16,196 sq ft lot. Broker comments are, ” Fabulous opportunity in Mountain Valley! One-floor living at its best. The home has a new roof in 2010. Mature landscaping and trees, views, and the convenience of a short drive into town. Terrific development opportunity, additional FAR available on a flat, buildable lot. No transfer tax.” 2013 Taxes: $4,047. Under Contract Date: 11/26/2014; Sold Date: 12/01/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #135679 – Aspen, East Aspen, Mountain Valley duplex, 37 Mountain Laurel Drive, Aspen, CO: Sold Price: $1,650,000/$725 sq ft unfurnished. More details below photos.

MLS #135679 – Aspen, East Aspen, Mountain Valley duplex, 37 Mountain Laurel Drive, Aspen, CO: Sold Price: $1,650,000/$725 sq ft unfurnished; Asking Price: $1,695,000. (Original Price: $1,495,000 and 114 days on the market since 09/09/2014.) This is a 1972 built/1982 remodeled, 3 bedroom/3 bath/1 half bath, 2,273 sq ft duplex on an 18,396 sq ft lot. No broker comments. 2013 Taxes: $1,695; HOA Dues: $200 Yr. Under Contract Date: 09/12/2014; Sold Date: 12/01/2014. (Photos and broker comments courtesy of Aspen Estates.)

MLS #135184 – Aspen, West End, Villas of Aspen condo, 100 N. 8th Street #4, Aspen, CO: Sold Price: $2,005,000/$1,111 sq ft partially furnished. More details below photos.

MLS #135184 – Aspen, West End, Villas of Aspen condo, 100 N. 8th Street #4, Aspen, CO: Sold Price: $2,005,000/$1,111 sq ft partially furnished; Asking Price: $2,150,000. (Original Price: $2,295,000 and 2,019 days on the market since 05/25/2009.) This is a 1972 built, 3 bedroom/3 bath/1 half bath, 1,804 sq ft condo. Broker comments are, “Every day is a good day at this sophisticated contemporary townhome in Aspen’s West End. Graced by natural light, simple high-end finishes, and a thoughtful design with open living. Complete remodel, this custom kitchen creates a warm inviting space for the gourmet and the guest. Three bedrooms, three and a half baths and three levels create ultimate privacy, and so much more. Steps from the Music Tent. Discover true Zen.” 2013 Taxes: $3,279; HOA Dues: $1,426 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/13/2014; Sold Date: 12/03/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #135849 – Aspen, West End, Sagewood Townhomes, 910 W. Hallam Street 11, Aspen, CO: Sold Price: $650,000/$849 sq ft. More details below photos.

MLS #135849 – Aspen, West End, Sagewood Townhomes, 910 W. Hallam Street 11, Aspen, CO: Sold Price: $650,000/$849 sq ft; Asking Price: $689,000. (Original Price: $699,000 and 101 days on the market since 08/25/2014.) This is a 1970 built/2013 remodeled, 2 bedroom/1 bath, 765 sq ft townhome. Broker comments are, “A contemporary, alluring, freshly remodeled Aspen condominium with a design intelligence that makes every inch count. White French Oak flooring and a wood-burning fireplace complement the clean lines of the contemporary architectural details. Lights can be dimmed with the touch of a cell phone as the modern audio system fills the spaces with music throughout. Skylights foster natural light and a glass door opens to an evergreen-shaded grilling deck with built-in cushioned seat. Just on the western edge of town, where you can walk to the music tent, bike into town, or catch the ski shuttle. A very stylish, very resourceful way to live.” 2013 Taxes: $1,260; HOA Dues: $1,275 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/08/2014; Sold Date: 12/01/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #130600 – Aspen, West Aspen, Stage Road PUD single family lot, Lot 11, Double Bar X Ranch, Aspen, CO: Sold Price: $2,850,000. More details below photos.

MLS #130600 – Aspen, West Aspen, Stage Road PUD single family lot, Lot 11, Double Bar X Ranch, Aspen, CO: Sold Price: $2,850,000; Asking Price: $3,895,000. (Original Price: $6,950,000 and 2,710 days on the market since 07/03/2007.) This is a 240,451 sq ft (5.52 ac) single family lot in the Stage Road subdivision. Broker comments are, “Nestled peacefully amongst lichen-covered boulders and long-lived junipers, and overlooking Paxton Pond, buyers will be drawn to the perfect stillness of this building site. Views toward the Continental Divide and all the local ski mountains. Adjacent to the Ranch’s 17-acre nature preserve with a access to miles of private hiking and riding trails. Easy walk on lovely paths to Roaring Fork River fishing or to Maroon Creek Club. Generous approvals entitled until 2030 allow 11,000 sf FAR inc guest house.” 2013 Taxes: $29.56; HOA Dues: $1,500 Mo. Under Contract Date: 10/15/2014; Sold Date: 12/01/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #135485 – Old Snowmass, Gateway To Snowmass single family home, 19 Mule Deer Run, Snowmass, CO: Sold Price: $699,000/$245 sq ft furnished. More details below photos.

MLS #135485 – Old Snowmass, Gateway To Snowmass single family home, 19 Mule Deer Run, Snowmass, CO: Sold Price: $699,000/$245 sq ft furnished; Asking Price: $799,500. (Original Price: $1,050,000 and 863 days on the market since 06/26/2012.) This is a 1997 built/2001 remodeled, 3 bedroom/3 bath, 2,852 sq ft single family home with 2 car garage on a 41,382 sq ft lot. Broker comments are, “Private Gateway single family home on .95 acre with mountain views, three bedrooms, three bathrooms and 2,852 square feet. Features include vaulted ceilings with exposed wooden beams, south facing windows, beautiful gourmet kitchen with Thermador appliances and custom cabinetry. Bonus attached artists studio above the two-car garage. Wonderful and private outdoor spaces and deck including a hot tub/spa.” 2013 Taxes: $4,874. Under Contract Date: 10/29/2014; Sold Date: 12/05/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #135923 – Snowmass Village, Woodbridge condo, 35 Upper Woodbridge Road 28Ab, Snowmass Village, CO: Sold Price: $519,000/$574 sq ft unfurnished. More details below photos.

MLS #135923 – Snowmass Village, Woodbridge condo, 35 Upper Woodbridge Road 28Ab, Snowmass Village, CO: Sold Price: $519,000/$574 sq ft unfurnished; Asking Price: $519,000. (Original Price: $519,000 and 99 days on the market since 08/29/2014.) This is a 1973 built/2014 remodeled, 2 bedroom/2 bath, 904 sq ft condo. Broker comments are, “There is nothing like this in the upper valley for the price. Light, bright and contemporary. Outstanding remodeled unit. The most convenient in Snowmass. Ski in (across bridge). Walk to the lift or catch village shuttle outside your door. Walk to the market or the Viceroy. White oak floors, custom painted cabinets, quartzite surround on wood-burning fireplace, Lagos quartz countertops, porcelain tile Euro-shower in master, tub in guest, Kitchenaid stainless appliances, gas range, brushed nickel sconces, stainless pulls on cabinets, custom beams. 55” LED TV & custom sound system. 2 ski lockers, Great HOA with ALL utilities included! Swimming pool and hot tubs. Located in the Aspen School District. High end living for locals and outstanding rental potential. Will be completed by early Oct.” 2013 Taxes: $1,297; HOA Dues: $2,250 Qtr. Town of Snowmass Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/11/2014; Sold Date: 12/05/2014. (Photos and broker comments courtesy of Aspen Real Estate Co.)

MLS #135656 – Old Snowmass, Little Elk Creek single family lot, 208 Little Elk Avenue, Snowmass, CO: Sold Price: $400,000. More details below photos.

MLS #135656 – Old Snowmass, Little Elk Creek single family lot, 208 Little Elk Avenue, Snowmass, CO: Sold Price: $400,000; Asking Price: $450,000. (Original Price: $450,000 and 122 days on the market since 08/06/2014.) This is a 97,574 sq ft single family lot in the Little Elk Creek subdivision. Broker comments are, “Uncompromised views on 2.24 flat and buildable acres 20 minutes to Aspen. Neighborly setting with a rural feel, the property in Little Elk Creek sits on an outside corner adjacent to a horse property supporting a great deal of privacy and views. Community water rights and a creek running though the property. 2 horses possible. 5,500 base maximum square footage allow by right, includes all square footage – house, garage, cdu, etc. The lot may use one 2,500 sf TDR for additional square footage up to a total max of 7,880. No set building envelope. 2 additional detached non-dwelling structures allowed, i.e.: pool house, stables garages or greenhouses. Possibility of expanded acreage with purchase of adjacent lot with additional offer.” 2013 Taxes: $2,331; HOA Dues: $545 Qtr. Under Contract Date: 10/09/2014; Sold Date: 12/05/2014. (Photos and broker comments courtesy of Joshua & Co.)

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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 at 970.309.6163 or by email. The Estin Report is copyrighted 2014 and all rights reserved. Use is permitted subject to the following attribution with an active link to the source: “The Estin Report on Aspen real estate.”

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