Aspen Real Estate Market Last Week’s Sales: Jan 16 – 23, 22 – week 3
The Estin Report – Aspen Snowmass Real Estate Market Report – was posted online 01/16/22 for 2nd Half & Full Year 2021 in the Estin Reports section. The online report is covers the entire year Jan 1 – Dec 31, 2021; the print edition made available for the Christmas-New Years Holiday Season covers Jan 1 – Dec 6, 21. While the conclusions are the same, the data is different. See Aspen Times Jan 02, 2022 year end article on market The 32-page report compares year over year results and historical data from the past 10+ years.
The print edition is available in brochure racks around town, at the airport and in front of Sotheby’s offices at 300 S. Spring #100 (my office) and 415 E. Hyman in the mall.
The Dec 2021 Aspen Market Report Snapshot will be posted soon in the Estin Reports section.
Blog Posted Jan 24, 2022 – Aspen CO real estate market activity, Week 3
Closed (10): MLS#s: 173414, 170273, 171002, 173423, 172116, 173431, 172803, 172282, 173139, 173259. This link is valid until 2/22/2022.
Under Contract/Pending (10): MLS#s: 171632, 164990, 173382, 173338, 173176, 172787, 173397, 173398, 173358, 173360. This link is valid until 2/22/2022.
Sold Properties Last Week:
MLS # 173414- Red Butte Sub, West Aspen, 1265 Red Butte Drive, Aspen, CO; Sold Price: $13,200,000/$2,577 sq ft; partial furnished. Sold Date: 01/18/2022. More details below photos.
MLS # 173414- Red Butte Subd , West Aspen, 1265 Red Butte Drive, Aspen, CO; Sold Price: $13,200,000/$2,577 sq ft; partial furnished. Sold Date: 01/18/2022. Ask Price: $13,500,000. (Original Price: $13,500,000, and on the market since 01/20/2022.) This is a 1973 built and 2007 remodeled, 5 bedroom/4 bath/1 half-bath, 5,122 sq ft single family home with 3 car garage on a 1 acres lot. Broker comment is “Sold before MLS.” 2021 taxes: $15,169. Under Contract Date: 11/14/2021; Sold Date: 01/18/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)
MLS # 170273- West End, 626 W Francis Street, Aspen, CO; Sold Price: $5,950,000/$3,046 sq ft; furnished. Sold Date: 01/19/2022. More details below photos.
MLS # 170273- West End, 626 W Francis Street, Aspen, CO; Sold Price: $5,950,000/$3,046 sq ft; furnished. Sold Date: 01/19/2022. Ask Price: $5,999,000. (Original Price: $6,500,000, and on the market since 06/02/2021.) Tim’s notes: ” For those buyers on the fence as to whether or not to put in back-up offers… the property was under contract twice before since listed in early June 2021. Each time it fell out. Contracts DO fall out for many different reasons.”) This is a 1962 built and 2016 remodeled, 3 bedroom/2 bath/1 half-bath, 1,953 sq ft half duplex with 1 car garage on a 0.21 acres lot. Broker comments are “Look no further for the perfect West End retreat. Three bedroom contemporary remodel (inside and out) with a private back yard for entertaining or peaceful meditation. Elegant finishes, choice appliances and a great layout combine for the ideal sanctuary in the heart of Aspen’s premier neighborhood.” 2020 taxes: $10,443. Under Contract Date: 11/14/2021; Sold Date: 01/19/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)
MLS # 172116- Mountain Valley, East Aspen, 76 Mountain Laurel Lane, Aspen, CO; Sold Price: $5,095,000/$2,586 sq ft. Sold Date: 01/14/2022. More details below photos.
MLS # 172116- Mountain Valley, East Aspen, 76 Mountain Laurel Lane, Aspen, CO; Sold Price: $5,095,000/$2,586 sq ft. Sold Date: 01/14/2022. Ask Price: $5,495,000. (Original Price: $5,495,000, and on the market since 09/21/2021.) This is a 1979 built and 2009 remodeled, 3 bedroom/2 bath, 1,970 sq ft single family home with 1 car garage on a 0.39 acres lot. Tim’s notes, “This is a sale a lot value sale.” Broker comments are “Top of the world views. Enjoy the serenity and vast expanse of this 180 degree view from the top of Mountain Valley. Rise to the views of Independence Pass, Aspen Mountain and down to Mount Sopris from this secluded home. The current 1,970 square foot, 3 bedroom, 2 bathroom home is on a 17,080 square foot lot. The property is perfectly livable while you plan your dream home. It’s in excellent condition and includes nicely maintained landscaping. Build up to 5,750 square feet and possibly more with a TDR. The property is on a short road with no cross traffic. 76 Mountain Laurel Lane is in the county, so there is no transfer tax.” 2020 taxes: $5,168. Under Contract Date: 12/01/2021; Sold Date: 01/14/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)
MLS # 172803- Riverside Condos, Central Core, 1024 E Cooper Avenue 10, Aspen, CO; Sold Price: $2,950,000/$2,703 sq ft; furnished. Sold Date: 01/18/2022. More details below photos.
MLS # 172803- Riverside Condos, Central Core, 1024 E Cooper Avenue 10, Aspen, CO; Sold Price: $2,950,000/$2,703 sq ft; furnished. Sold Date: 01/18/2022. Ask Price: $2,950,000. (Original Price: $2,950,000, and on the market since 11/16/2021.) This is a 1970 built and 2015 remodeled, 2 bedroom/2 bath, 1,091 sq ft condo with assigned garage. Broker comments are “Recently remodeled 2 bed/2 bath loft with luxury finishes is walkable to everything that Aspen has to offer. Enjoy the solitude being away from busy streets and no one above you. Brand new kitchen, high-end appliances and A/C. Open living room has vaulted ceilings and floor to ceiling windows with great natural light. Penthouse style master bedroom with a walk-in closet. Both bedrooms have private ensuite bathrooms. Large laundry room with full size washer/dryer. Dedicated off street parking.” 2021 taxes: $3,996. HOA Dues: $8,000. Under Contract Date: 11/15/2021; Sold Date: 01/18/2022. (Photos and broker comments courtesy of Compass)
MLS # 171002- Base Village/One Snowmass East, Snowmass Village, 77 Wood Road 501 East, Snowmass Village, CO; Sold Price: $5,600,000/$2,524 sq ft; furnished. Sold Date: 01/20/2022. More details below photos.
MLS # 171002- Base Village/One Snowmass East, Snowmass Village, 77 Wood Road 501 East, Snowmass Village, CO; Sold Price: $5,600,000/$2,524 sq ft; furnished. Sold Date: 01/20/2022. Ask Price: $5,600,000. (Original Price: $5,600,000, and on the market since 07/08/2021.) This is a 2020 built, 3 bedroom/3 bath, 2,218 sq ft condo with common car garage. Broker comments are “One Snowmass 501 East boasts 360 * degree floor to ceiling views of Snowmass Mountain ski slopes and the entire Snowmass Valley. This luxury corner residence has a glass accordion wall that opens to turn the living areas into a true indoor/outdoor living space. State of the art finishes and fixtures throughout, including Gaggenau stainless appliances; custom-milled blackened steel Ortal centerpiece fireplace; large walk-in closets and outdoor deck facing the slopes and sunsets. Enjoy living the good life with ownership that includes: direct ski-in/ ski-out access, private ski locker room, 2500 square foot fitness center, rooftop infinity edge jacuzzi and fire pit overlooking the slopes and Village, Inspirato lounge, owner storage and parking.” 2020 taxes: $13,223. Under Contract Date: 12/21/2021; Sold Date: 01/20/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)
MLS # 173423- Horse Ranch, Snowmass Village, 1180 Horse Ranch Drive, Snowmass Village, CO; Sold Price: $5,566,000/$1,117 sq ft. Sold Date: 01/20/2022. More details below photos.
MLS # 173423- Horse Ranch, Snowmass Village, 1180 Horse Ranch Drive, Snowmass Village, CO; Sold Price: $5,566,000/$1,117 sq ft. Sold Date: 01/20/2022. Ask Price: $6,275,000. (Original Price: $6,275,000, and on the market since 01/20/2022.) This is a 1997 built, 5 bedroom/5 bath/1 half-bath, 4,983 sq ft single family home with 2 car garage on a 1.26 acres lot. Broker comment is “Sold before MLS.” 2021 taxes: $12,887. Under Contract Date: 12/02/2021; Sold Date: 01/20/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s Hyman Mall)
MLS #173431- Ridge Run, Snowmass Village, 318 Ridge Road, Snowmass Village, CO; Vacant land for sale; Sold Price: $3,950,000. Sold Date: 12/13/2021. More details below photos.
MLS #173431- Ridge Run, Snowmass Village, 318 Ridge Road, Snowmass Village, CO; Vacant land for sale; Sold Price: $3,950,000. Sold Date: 12/13/2021. Ask Price: $3,950,000. (Original Price: $3,950,000 and on the market since 01/21/2022. Tim’s notes, “Seller paid $2.725M on 02/02/21, a 45% gain in less than a year. There are very few vacant lots available at present.”) This is a single-family vacant lot. 2021 taxes: $36,479. Under Contract Date: 09/25/2021; Sold Date: 12/13/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 172282- Capitol Peak, Snowmass Village, 110 Carriage Way 3202, Snowmass Village, CO; Sold Price: $2,650,000/$1,917 sq ft; furnished. Sold Date: 01/10/2022. More details below photos.
MLS # 172282- Capitol Peak, Snowmass Village, 110 Carriage Way 3202, Snowmass Village, CO; Sold Price: $2,650,000/$1,917 sq ft; furnished. Sold Date: 01/10/2022. Ask Price: $2,600,000. (Original Price: $2,600,000, and on the market since 10/05/2021.) This is a 2008 built, 3 bedroom/3 bath, 1,382 sq ft condo with common car garage. Broker comment is “Beautiful corner residence with luxury ski- in/ski-out access and a wrap around covered deck that is the perfect additional entertaining and outdoor living area, taking in all the amenities at Base Village. The ”A” building is the closest to the Elk Camp Gondola, the Village Express 6-pack chair lift, the children’s Treehouse, and The Collective state-of-the-art game room, ice rink and all the restaurants, shopping and services are within steps. Incredible views of the entire ski area with all day sun. Totally accessorized and well equipped, including gas fireplace, large open kitchen, spa-like baths, washer/dryer in the condo, wood floors and central A/C. Extra owner’s storage for seasonal gear and toys to make your coveted holiday vacations all about family, friends and fun.” 2020 taxes: $9,804. Under Contract Date: 10/18/2021; Sold Date: 01/10/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 173139- Crestwood, Snowmass Village, 400 Wood Rd. F-1114, Snowmass Village, CO; Sold Price: $1,690,000/$1,093 sq ft; furnished. Sold Date: 01/19/2022. More details below photos.
MLS # 173139- Crestwood, Snowmass Village, 400 Wood Rd. F-1114, Snowmass Village, CO; Sold Price: $1,690,000/$1,093 sq ft; furnished. Sold Date: 01/19/2022. Ask Price: $1,695,000. (Original Price: $1,695,000, and on the market since 12/17/2021.) This is a 1970 built and 2006 remodeled, 3 bedroom/3 bath, 1,545 sq ft condo. Broker comments are “This highly desired 3 bedroom PLUS loft, ski-in, ski-out unit is the perfect investment opportunity for the savvy buyer looking for a place to accommodate a large family and/or guests. With the kitchen and bathrooms already remodeled, it won’t take much to bring this unit up to a Deluxe or Premier Rated unit! The Crestwood offers an outdoor heated swimming pool, three hot tubs, a new fitness center, steam room, sauna, housekeeping, a ski services center and is known for its amazing customer service. This unit is located just steps to the slopes and a short walk or bus ride away from the Snowmass Mall or Base Village.” 2020 taxes: $3,070. HOA Dues: $30,578. Under Contract Date: 12/18/2021; Sold Date: 01/19/2022. (Photos and broker comments courtesy of Home Waters Real Estate Group)
MLS # 173259- Crestwood, Snowmass Village, 400 Wood Road J3104, Snowmass Village, CO; Sold Price: $975,000/$1,083 sq ft; furnished. Sold Date: 01/19/2022. More details below photos.
MLS # 173259- Crestwood, Snowmass Village, 400 Wood Road J3104, Snowmass Village, CO; Sold Price: $975,000/$1,083 sq ft; furnished. Sold Date: 01/19/2022. Ask Price: $925,000. (Original Price: $925,000, and on the market since 01/05/2022.) This is a 1970 built and 2010 remodeled, 2 bedroom/1 bath, 900 sq ft condo. Broker comment is “This 2-bedroom 2-bathroom Crestwood condo is located just minutes from everything Snowmass Base Village has to offer. With dedicated owner and guest ski lockers right outside your door, you and your guests will be ready to hit the slopes! The corner unit offers incredible natural light and boasts a large wraparound deck. It has ample storage throughout, and it includes a dedicated workspace. Some of the amenities include bell staff, concierge, shuttle service, two hot tubs and a pool.” 2020 taxes: $1,815. HOA Dues: $21,923. Under Contract Date: 01/05/2022; Sold Date: 01/19/2022. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)
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