The Estin Report: Oct 2015 Aspen Snowmass Market Snapshot wasposted 11/01/15 inCurrent Reports.The Snapshots are released on or near the 1st Monday of the month.
See recent Before/After redevelopment‘flip job’ examplesin Miscellaneous Info at the bottom of the Menu Bar on the left. These are properties that have been recently or are currently being redeveloped for re-sale. This post is updated (08/24/15) 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.
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Market Activity Week 46, November 15 – 22, 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:139795, 140203, 137910, 138012, 137989, 139405, 137941, 133545.This link is valid until 12/22/2015.
Under Contract/Pending (11):MLS#’s:137226, 138476, 139292, 139335, 139686, 140060, 140161, 140945, 140946, 141125, 141687. This link is valid until12/22/2015.
Aspen Snowmass Solds Last Week:
MLS #139795 – Castle Creek, West Aspen vacant lot sale, Tbd S Hayden Road, Aspen, CO. Sold Price: $6,400,000. More details below photos.
MLS #139795 – Castle Creek, West Aspen vacant lot sale, Tbd S Hayden Road, Aspen, CO. Sold Price: $6,400,000. Asking Price: $7,800,000. (Original Price: $8,495,000 and 147 days on the market since 06/26/2015. The lot previously sold at $5.75M on 03/18/15.) This is a 439,085 sq ft vacant lot. Broker comments are “For the first time in 25 years, a 10+acre parcel of pristine mountainside land is available for sale to the public . The celebrity level private estate is just 4 miles from the center of Aspen. This magical land and completely private property is richly adorned with shivering Aspens, Colorado Spruces, Lupines, wild flowers and ferns. The gentle rolling topography affords a rare 15,000 SF of above grade development with the purchase of TDRs. The substantial activity envelope provides numerous choices for the building site, swimming pool and tennis court. All development approved by Pitkin County. Bordered on 2 sides by national parklands, the 360 degree view hilltop building envelope provides breath taking views of the Highlands, Mt Hayden and Ajax Mtn. The eastern border of property is Castle Creek with a permanent fishing easement for avid anglers. Build a dream Estate with no visible neighbors or roads. Own a property that will be peerless in location, privacy and magnificence just 7 minutes’ drive from the center of town.” 2014 Taxes: $20,006; HOA Dues: $1,225 per Qtr. Under Contract Date: 09/22/2015; Sold Date: 11/20/2015. (Photos and broker comments courtesy of Aspen Snowmass Properties|BJ Adams and Company – Aspen)
MLS #140203 – Central Core, 909 Waters Avenue, Aspen, CO. Sold Price: $5,500,000/$1,497 sq ft; furnished. More details below photos.
MLS #140203 – Central Core, 909 Waters Avenue, Aspen, CO. Sold Price: $5,500,000/$1,497 sq ft; furnished. Asking Price: $6,200,000. (Original Price: $6,200,000 and 114 days on the market since 07/21/2015.) This is a 1990 built, 4 bedroom/4 bath/ 1 half-bath, 3,673 sq ft single family home with 1 car garage on a 6,000 sq ft lot. There are very few SF homes this close to the Gondola and downtown Aspen. Broker comments are “A timeless residence designed by Harry Teague, tucked in a quiet street, 2 blocks to the Gondola. 4 BR’s, 4 1/2 bath contemporary with 1 car garage. Double height living room w/exposed beams. Light, private and efficiently proportioned. Private back yard, large master, fireplace and storage galore. Not previously offered for sale, this house offers a unique real estate opportunity.” 2015 taxes: $9,820. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/13/2015; Sold Date: 11/12/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #137910 – Preshana, West Aspen, 1015 Cemetery Lane, Aspen, CO. Sold Price: $3,350,000/$1,020 sq ft; furnished. More details below photos.
MLS #137910 – Preshana, West Aspen, 1015 Cemetery Lane, Aspen, CO. Sold Price: $3,350,000/$1,020 sq ft; furnished. Asking Price: $3,495,000. (Original Price: $3,650,000 and 261 days on the market since 03/04/2015.) This is a 2007 built and 2010 remodeled, 3 bedroom/3 bath/ 1 half-bath, 3,284 sq ft duplex/half duplex with 2 car garage. Broker comments are “Whether you want an architecturally-significant home that’s been extensively published, or a warm family retreat conveniently located near the core, this house will exceed your expectations. Extraordinary interior and exterior spaces, as well as composed views in every direction, highlight this award-winning home designed by acclaimed architect Willis Pember. You will be captivated as you pass the tranquil reflecting pond and enter this modern sunlight-filled oasis that is filled with warm wood cabinetry. Located in the convenient and friendly neighborhood of West Aspen, this architectural gem has a lush, landscaped private yard plus backs up to the beautiful Red Butte Open Space. You’ll enjoy watching wildlife from the kitchen window, but are only a ten-minute bike ride away from Music Tent or Farmer’s Market. Custom features are abundant including the cabinetry, lighting and the extensive gardens and patios. Lighting, Audio/Visual and Security systems are iPad-controlled with Savant Electronics. Top-of-the line appliances include a six burner Wolf stove, built-in Miele espresso machine and dumb waiter. Located just steps from bike path, bus stop and golf course.” 2014 taxes: $5,272; HOA Dues: $1,000 per Year. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/06/2015; Sold Date: 11/20/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Basalt)
MLS #138012 – Gant, Central Core, 610 S West End Street F102, Aspen, CO. Sold Price: $1,200,000/$1,212 sq ft; furnished. More details below photos.
MLS #138012 – Gant, Central Core, 610 S West End Street F102, Aspen, CO. Sold Price: $1,200,000/$1,212 sq ft; furnished. Asking Price: $1,295,000. (Original Price: $1,295,000 and 254 days on the market since 03/11/2015.) This is a 1972 built and 2012 remodeled, 2 bedroom/2 bath, 990 sq ft condo. Broker comments are “Premier Rated unit at a competitive price, we are ready to be the next Gant sale! This remodeled two bedroom, two bath offers a favorable floor plan with a the sunken living room that walks out to the back patio (perfect for pet owners). The master features built-ins and has an ensuite bathroom with a rain shower, Bain Ultra tub, and water closet. The second bedroom also has an ensuite bath that features a steam shower with river rock floor, queen bed and built-in storage. Additional amenities include a wood burning fireplace, onsite management, shuttle service, tennis courts, hot tubs, two swimming pools, brand new conference center with café, full-service bar, rooftop deck and fitness center.” 2014 taxes: $2,511; HOA Dues: $23,536 per Year. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/05/2015; Sold Date: 11/20/2015. (Photos and broker comments courtesy of Shane Aspen Real Estate)
MLS #137989 – Woody Creek vacant lot sale, 30385 Hwy 82, Woody Creek, CO. Sold Price: $449,064. More details below photos.
MLS #137989 – Woody Creek vacant lot sale, 30385 Hwy 82, Woody Creek, CO. Sold Price: $449,064. Asking Price: $495,000. (Original Price: $495,000 and 615 days on the market since 10/01/2013.) This is a 304,920 sq ft vacant lot. Broker comments are “Can’t find a single family home in the Aspen School District? Buy this lot at this great price and build your home for less than you can buy one.” 2014 Taxes: $1,923. Under Contract Date: 06/12/2015; Sold Date: 11/16/2015. (Photos and broker comments courtesy of Shane Aspen Real Estate)
MLS #139405 – Horse Ranch, Snowmass Village, 189 Saddleback Lane, Snowmass Village, CO: Sold Price: $3,617,500/$675 sq ft; partial furnished. More details below photos.
MLS #139405 – Horse Ranch, Snowmass Village, 189 Saddleback Lane, Snowmass Village, CO: Sold Price: $3,617,500/$675 sq ft; partial furnished. Asking Price: $4,195,000. (Original Price: $4,195,000 and 161 days on the market since 06/02/2015.) This is a 1995 built and 2009 remodeled, 4 bedroom/4 bath/1 half-bath, 5,353 sq ft single family residence with 2 car garage on a 68,538 sq ft lot. Broker comments are “One of the largest homes in the Horse Ranch subdivision at 5,353 sq ft! All day sun, privacy, Snowmass Mountain views, amazing outdoor living spaces, and a short walk or bike ride to the Rim Trail. Beautifully finished in a soothing mountain style, this magnificent home at the end of a cul-de-sac enjoys lovely views from the many decks & balconies, an elevator, 2 car garage, air conditioning, and spectacular outdoor living areas with a waterfall, outdoor cooking area, hot tub, and a beautiful large back yard!” 2014 Taxes: $12,033; HOA Dues: $190 per Year. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/05/2015; Sold Date: 11/10/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)
MLS #137941 – Country Club Homes, Snowmass Village, 444 Snowmass Club Circle 13, Snowmass Village, CO: Sold Price: $1,500,000/$699 sq ft; partial furnished. More details below photos.
MLS #137941 – Country Club Homes, Snowmass Village, 444 Snowmass Club Circle 13, Snowmass Village, CO: Sold Price: $1,500,000/$699 sq ft; partial furnished. Asking Price: $1,645,000. (Original Price: $1,645,000 and 262 days on the market since 02/27/2015.) This is a 1981 built and 2005 remodeled, 2 bedroom/2 bath/1 3/4-bath, 2,145 sq ft townhouse with 1 car garage. Broker comments are “Beautifully remodeled townhome features hard wood floors, crafted metal stair railings, custom cabinets, enclosed den situated off kitchen, spacious open living room with vaulted ceiling, walk-in closet master bedroom, staircase to office area in loft. 2 large outdoor decks for entertaining and relaxing. Close to Snowmass Club and on Village shuttle bus route. Carefree ownership” 2014 Taxes: $4,149; HOA Dues: $15,143 per Year. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/02/2015; Sold Date: 11/16/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)
MLS #133545 – Timberline, Snowmass Village, 90 Carriage Way A-2e, Snowmass Village, CO: Sold Price: $500,000/$517 sq ft; furnished. More details below photos.
MLS #133545 – Timberline, Snowmass Village, 90 Carriage Way A-2e, Snowmass Village, CO: Sold Price: $500,000/$517 sq ft; furnished. Asking Price: $520,000. (Original Price: $649,900 and 598 days on the market since 04/01/2014.) This is a 1972 built and 2005 remodeled, 2 bedroom/2 bath, 966 sq ft condo. Broker comments are “Well located two bedroom/two bath condominium with SKI ACCESS to the back patio. The CORNER LOCATION provides an additional window in the kitchen and added privacy. AFTERNOON SUN throughout the year into all living spaces including the bedrooms.Great on site management company providing good rental income if desired. Numerous on-site amenities including a restaurant, Pool, Jacuzzi, Fire Pit, Outdoor BBQ Area Etc. Google Earth Image showing condominium location located in documents.SELLER WANTS IT SOLD.” 2013 Taxes: $1,700; HOA Dues: $1,014 per Month. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/06/2015; Sold Date: 11/20/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)
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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:“The Estin Reporton Aspen Real Estate.”
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