Aspen Real Estate Market Last Week’s Sales: Oct 10 – 17, 21 – Week 42
Closed (15) and Under Contract / Pending (17). [To view the new blog post, you may have to “Clear your Browser Settings”. Go to: Chrome browser/more tools/clear browsing data.] (Photos above of 795 & 800 Aspen Valley Ranch Road, Coldwell Banker Mason Morse).
Estin Report: 1st Half 2021 sf – Aspen Snowmass Real Estate Market Report was posted 8/17/21 in the Estin Reports section. The print edition will be available Fri Sep 3rd.
The Sep 2021 Market Snapshot and Q3 2021 historic quarterly charts will be posted early this week.
BOTTOM LINE SUMMARY
What happens to a market where inventory has plummeted and prices are sky high? Does the market come to a standstill? Do things freeze up? What releases this situation? As one client said to me recently “The balloon at max. You pray it deflates slowly and God forbid there is a needle that pops it (that would be the FED tightening liquidity).”…Read more
Blog Posted Oct 18, 2021 – Aspen CO real estate market activity, Week 42
Closed (15): MLS#s: 167810, 165468, 170723, 166491, 170971, 170501, 171942, 172378, 170030, 171738, 170477, 170824, 171702, 171896, 166092. This link is valid until 11/16/2021.
Under Contract/Pending (17): MLS#s: 170310, 168646, 172221, 171104, 172117, 171178, 172354, 172222, 170273, 172321, 172194, 172195, 171879, 171571, 172064, 170621, 171963. This link is valid until 11/16/2021.
Sold Properties Last Week:
MLS #167810- Aspen Valley Ranch, Woody Creek, 795 & 800 Aspen Valley Ranch Road, Woody Creek, CO; Sold Price: $31,500,000/$5,862 sq ft; furnished. Sold Date: 10/15/2021. More details below photos.
MLS #167810- Aspen Valley Ranch, Woody Creek, 795 & 800 Aspen Valley Ranch Road, Woody Creek, CO; Sold Price: $31,500,000/$5,862 sq ft; furnished. Sold Date: 10/15/2021. Ask Price: $30,000,000. (Original Price: $30,000,000 and on the market since 12/09/2020.) This is a 2018 built, 4 bedroom/4 bath/1 half-bath, 5,373 sq ft single family with 2 car garage on a 82 acres lot. Broker comments are “Aspen Valley Ranch is Aspen’s only whole ownership private luxury serviced community. Situated on 800+ acres, homeowners enjoy luxury services, amenities and activities. Cross a bridge over Red Canyon Creek to arrive at the Mount Daly House. The home rests on the valley floor at the confluence of two mountains, offering some of the best Elk Mountain range views. Designed by Michael Fuller, the residence encompasses 5,373 square feet, 4 bedrooms and 4.5-baths. The spirit of the mountain farmhouse aesthetic beams throughout the Mount Daly House. Homages to western culture and history are expressed in a refined palette with reclaimed beams and barn wood, stone and other traditional ranch-style elements. Thoughtfully placed picture windows and doors create strong visual connections to the landscape while flooding rooms with abundant natural light. Blending seamlessly with modern-day appointments and luxuries, these touches create a warm and inviting ambiance from the great room to the stunning gourmet kitchen and beyond.” 2019 taxes: $27,772. Under Contract Date: 09/06/2021; Sold Date: 10/15/2021. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)
MLS #165468- Sneaky Lane, West End, 575 Sneaky Lane, Aspen, CO; Sold Price: $15,425,000/$4,137 sq ft; furnished. Sold Date: 10/15/2021. More details below photos.
MLS #165468- Sneaky Lane, West End, 575 Sneaky Lane, Aspen, CO; Sold Price: $15,425,000/$4,137 sq ft; furnished. Sold Date: 10/15/2021. Ask Price: $16,900,000. (Original Price: $20,000,000 and on the market since 07/22/2020.) This is a 2011 built, 3 bedroom/3 bath/2 half-bath, 3,728 sq ft single family with 2 car garage on a 0.56 acres lot. Broker comments are “A rare riverfront offering on Sneaky Lane! This stunning contemporary home is located in the most serene setting on a private half-acre lot with exquisite guest house and unparalleled Castle Creek River Frontage. Absolutely incredible custom home offering the finest finishes and open floor plan with abundant floor to ceiling windows. Top-of-the-line chefs kitchen, intimate breakfast room, dining room, great media room and three walk out patios perfect for indoor/outdoor entertaining. The private guest house offers full kitchen, living room with gas fireplace and electric sliding doors and full bedroom and bathroom. This is truly a one-of-a-kind property!” 2019 taxes: $20,491. Under Contract Date: 09/10/2021; Sold Date: 10/15/2021. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)
MLS #170723- Aspen Addition, Central Core, 316 S West End Street, Aspen, CO; Sold Price: $8,620,000/$2,702 sq ft; unfurnished. Sold Date: 10/15/2021. More details below photos.
MLS #170723- Central Core, 316 S West End Street, Aspen, CO; Sold Price: $8,620,000/$2,702 sq ft; unfurnished. Sold Date: 10/15/2021. Ask Price: $8,650,000. (Original Price: $8,650,000 and on the market since 06/24/2021.) This is a 1995 built and 2009 remodeled, 4 bedroom/3 bath/1 3/4-bath, 3,190 sq ft duplex/half duplex with 2 car garage on a 0.13 acres lot. Broker comments are “Relax with a good book in front of a roaring fire. Stroll to town for dinner with friends…. Convenience and comfort define this gorgeous downtown core townhome located just 1 block from City Market and just 2 blocks from the gondola. The home consists of 4 bedrooms (4th bedroom is currently used as an office) with en suite bathrooms. The large great room (kitchen/ living room/dining room) together with the sumptuous master suite are located on the upper level. The great room offers comfortable and cozy seating areas together with views of Aspen Mtn. The lower level consists of 2 guest suites, a large family room and a separate laundry room. This home was beautifully remodeled in 2009 and has always been meticulously maintained by the original owner.” 2020 taxes: $15,378. Under Contract Date: 07/21/2021; Sold Date: 10/15/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s HM)
MLS # 166491- Aspen Alps Condos, Central Core, 700 Ute Avenue 107, Aspen, CO; Sold Price: $2,925,000/$2,588 sq ft; furnished. Sold Date: 10/12/2021. More details below photos.
MLS # 166491- Aspen Alps, Central Core, 700 Ute Avenue 107, Aspen, CO; Sold Price: $2,925,000/$2,588 sq ft; furnished. Sold Date: 10/12/2021. Ask Price: $2,925,000. (Original Price: $2,975,000 and on the market since 09/09/2020.) This is a 1963 built and 2020 remodeled, 2 bedroom/2 bath, 1,130 sq ft condo. Broker comments are “Beautifully remodeled Aspen Alps condo on the slopes of Aspen Mountain. Located in the sought after 100 building, this ”almost” ski in/out property has new furnishings, accessories and has been freshly painted. Spacious floor plan includes 2 bed/2 bath with office, murphy bed for overflow guests and an open concept kitchen, living room and dining room, perfect for gatherings. Tasteful high end finishes throughout; granite in kitchen and all bathrooms, stainless steel appliances, master bath with jacuzzi tub, guest bath with steam shower, beautiful wood dining table seats 10, plus additional seating at kitchen bar. Private outdoor space includes a furnished patio with grill. Property amenities include; pool/hot tub, large gym, tennis courts and storage area.” 2019 taxes: $4,994; HOA Dues: $30,706. Under Contract Date: 07/30/2021; Sold Date: 10/12/2021. (Photos and broker comments courtesy of Engel & Volkers)
MLS # 170971- Riverside Condos, Central Core, 1024 E Cooper Avenue 3A, Aspen, CO; Sold Price: $2,200,000/$2,417 sq ft; unfurnished. Sold Date: 10/14/2021. More details below photos.
MLS # 170971- Riverside Condos, Central Core, 1024 E Cooper Avenue 3A, Aspen, CO; Sold Price: $2,200,000/$2,417 sq ft; unfurnished. Sold Date: 10/14/2021. Ask Price: $2,295,000. (Original Price: $2,695,000 and on the market since 07/06/2021.) This is a 1970 built and 2013 remodeled, 3 bedroom/2 bath, 910 sq ft condo. Broker comments are “This wonderful 3 bedroom, 2 bath townhouse is in a premier Aspen Location. Just a few minutes walk to downtown Aspen and a shuttle stop close to the complex for additional convenience to town. The living and kitchen area has floor-to-ceiling windows that provide copious amounts of light and sunshine along with wonderful Aspen Mountain views. The open floor plan features beautiful wood planked vaulted ceilings with rough-cut beams and beautiful hardwood floors. The main floor features two bedrooms, office and laundry closet off the open living room. Second floor has the third bedroom with private bath. Gated entrance patio and one designated parking spot.” 2020 taxes: $2,852; HOA Dues: $6,402. Under Contract Date: 09/23/2021; Sold Date: 10/14/2021. (Photos and broker comments courtesy of The Agency Aspen)
MLS #170501- Gant, Central Core, 610 S West End Street A104, Aspen, CO; Sold Price: $1,995,000/$2,046 sq ft. Sold Date: 10/13/2021. More details below photos.
MLS #170501- Gant, Central Core, 610 S West End Street A104, Aspen, CO; Sold Price: $1,995,000/$2,046 sq ft. Sold Date: 10/13/2021. Ask Price: $1,995,000. (Original Price: $1,995,000 and on the market since 06/14/2021.) This is a 1972 built and 2008 remodeled, 2 bedroom/2 bath, 975 sq ft condo with common car garage. Broker comments are “Excellent two-bedroom condominium on the ground floor with convenient lobby access. Relax on your patio and enjoy tremendous out-the-door greenspace. Full access to world-class amenities including a front desk, concierge, bell staff, shuttle service, gym, breakfast and lunch café, two pools, three hot tubs, hard and clay tennis courts, and complete onsite property and rental management.” 2020 taxes: $2,841; HOA Dues: $26,567. Under Contract Date: 08/29/2021; Sold Date: 10/13/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s HM)
MLS #171942- Aspen Square, Central Core, 617 E Cooper Avenue 423, Aspen, CO; Sold Price: $1,200,000/$2,419 sq ft; furnished. Sold Date: 10/15/2021. More details below photos.
MLS #171942- Aspen Square, Central Core, 617 E Cooper Avenue 423, Aspen, CO; Sold Price: $1,200,000/$2,419 sq ft; furnished. Sold Date: 10/15/2021. Ask Price: $1,275,000. (Original Price: $1,275,000 and on the market since 09/09/2021.) This is a 1969 built, 496 sq ft condo with a common garage. Broker comments are “This top floor Aspen Square fireside studio enjoys views of Smuggler Mtn., Hunter Creek Valley, and Red Mountain from the private patio. A wood-burning fireplace with black granite hearth and white washed brick offer a clean, light and bright interior. A top floor location along a preferred management layout with pullout sofa and new carpet make this a desirable unit. The tub shower combo features slate tile with custom accent. New contemporary Poss Architecture designed hallways, lobby, conference room, and exterior upgrades completed fall 2021. Central A/C and double pane sliders keep the unit comfortable and quiet year-round. Excellent Aspen Square amenities include: full-time front desk, concierge, pool, hot tubs, fire pit, conference center, gym, off-street and garage parking and daily housekeeping.” 2021 taxes: $2,348; HOA Dues: $19,996. Under Contract Date: 09/15/2021; Sold Date: 10/16/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s HM)
MLS #172378- Galena Lofts, Central Core, 434 E Main Street 103, Aspen, CO; Sold Price: $650,000/$2,471 sq ft; unfurnished. Sold Date: 10/13/2021. More details below photos.
MLS #172378- Galena Lofts, Central Core, 434 E Main Street 103, Aspen, CO; Sold Price: $650,000/$2,471 sq ft; unfurnished. Sold Date: 10/13/2021. Ask Price: $650,000. (Original Price: $650,000 and on the market since 10/13/2021.) This is a 2010 built, 1 bedroom/1 bath, 263 sq ft condo with assigned car garage. 2020 taxes: $991; HOA Dues: $4,884. Under Contract Date: 10/12/2021; Sold Date: 10/13/2021. (Photos and broker comments courtesy of Christie’s International Real Estate)
MLS # 170030- Aspen Village, Woody Creek, 117 Aspen Village, Aspen, CO; Sold Price: $400,000/$595 sq ft; partially furnished. Sold Date: 10/12/2021. More details below photos.
MLS # 170030- Aspen Village, Woody Creek, 117 Aspen Village, Aspen, CO; Sold Price: $400,000/$595 sq ft; partially furnished. Sold Date: 10/12/2021. Ask Price: $405,000. (Original Price: $405,000 and on the market since 05/18/2021.) This is a 1968 built, 2 bedroom/1 bath, 672 sq ft single-family. Broker comments are “This 672sf (12×56), 1968 mobile home with 2 bedrooms, 1 bathroom sits on a 7,098sf lot with a 2,484sf FAR (Floor Area Ratio)(35% of 7,098sf lot size). Large lot to build your dream home! No dogs allowed. Located on the bus route and in the Aspen School District. Community pool, gym and storage for cars, RV’s, etc. Deed Restricted to RO (Resident Occupied) by ACPHA (Aspen Pitkin County Housing Authority).” 2020 taxes: $2,691. Under Contract Date: 08/13/2021; Sold Date: 10/12/2021. (Photos and broker comments courtesy of Janet Mitchell & Co)
MLS #171738- Country Club Homes, Snowmass Village, 52 Harleston Green 36, Snowmass Village, CO; Sold Price: $4,600,000/$1,615 sq ft; furnished. Sold Date: 10/04/2021. More details below photos.
MLS #171738- Country Club Homes, Snowmass Village, 52 Harleston Green 36, Snowmass Village, CO; Sold Price: $4,600,000/$1,615 sq ft; furnished. Sold Date: 10/04/2021. Ask Price: $4,750,000. (Original Price: $4,750,000 and on the market since 08/25/2021.) This is a 1982 built and 2021 remodeled, 4 bedroom/3 bath/1 half-bath, 2,848 sq ft townhome with 2 car garage. Broker comments are “Elegant and sophisticated, this thoroughly renovated corner townhome has the finest finishes and furnishings. Bathed in natural light, each new and enlarged window looks out on a pastoral scene filled with flowers, mountains and the golf course. Professionally decorated, with all new electronics and remote controlled shades throughout. A new and enlarged custom deck and large remote-control canopy create a wonderful outside room. A beautiful custom stone walkway and planters surround the townhome. This townhome is a cut above, arguably the nicest home in the entire development, not only because of its coveted all day sunny location, overlooking the 2th fairway of the SM Golf Course, but it’s one of the few golf course townhomes fully air conditioned and contemporarily renovated.” 2020 taxes: $7,750; HOA Dues: $18,939. Under Contract Date: 09/03/2021; Sold Date: 10/04/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s HM)
MLS #170824- Ridge, Snowmass Village, 229 Faraway Road 25, Snowmass Village, CO; Sold Price: $2,275,000/$1,463 sq ft; furnished. Sold Date: 10/06/2021. More details below photos.
MLS #170824- Ridge, Snowmass Village, 229 Faraway Road 25, Snowmass Village, CO; Sold Price: $2,275,000/$1,463 sq ft; furnished. Sold Date: 10/06/2021. Ask Price: $2,300,000. (Original Price: $2,300,000 and on the market since 06/30/2021.) This is a 1985 built and 2021 remodeled, 3 bedroom/3 bath, 1,555 sq ft condo. Broker comments are “This top floor corner unit has been completely remodeled and offers front row views of Mt. Daly and Snowmass Village below. Offered completely remodeled with added sq footage and turn key. Ridge 25 has nearly 1600 sq feet, gorgeous new Caesar stone countertops, wide plank white oak flooring, dry stack limestone fireplace, induction range, and so much more. The towering vaulted ceilings provide for a spacious feel and wonderful natural light in this 3 bedrooms / 3 bathroom residence. The primary bedroom and bath have also been completely redone with ample closet space. New patio doors welcome the owner to a large deck space and seating area that stares directly at Snowmass Mt, Mt. Daly, and even glimpses down the Brush Creek Valley.” 2020 taxes: $3,829; HOA Dues: $15,100. Under Contract Date: 08/02/2021; Sold Date: 10/06/2021. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)
MLS #171702- Enclave, Snowmass Village, 360 Wood Road 210, Snowmass Village, CO; Sold Price: $1,675,000/$1,142 sq ft; furnished. Sold Date: 10/11/2021. More details below photos.
MLS #171702- Enclave, Snowmass Village, 360 Wood Road 210, Snowmass Village, CO; Sold Price: $1,675,000/$1,142 sq ft; furnished. Sold Date: 10/11/2021. Ask Price: $1,675,000. (Original Price: $1,675,000 and on the market since 08/23/2021.) This is a 1977 built and 2005 remodeled, 3 bedroom/3 bath, 1,466 sq ft condo. Broker comments are “Exceptional location at the Enclave with convenient access to Assay Hill and Fanny Hill and adjacent to the Gondola for superb ski access. Beautifully decorated, this charming three bedroom condominium captures the essence of mountain living. Natural, rustic elements such as exposed wooden ceiling beams and wood accents come together with elegant furnishings throughout to achieve a graceful yet inviting interior. Featuring two balconies with terrific views looking right up the Gondola, great afternoon sun and 3 well-appointed bedrooms including a spacious master suite. Only steps from the elevator and close to the pool and hot tub. Other amenities include top-notch management, assigned covered parking, bike storage for owners and plenty of ski storage. Easy walking distance to Base Village. The perfect mountain getaway!” 2020 taxes: $3,668; HOA Dues: $26,367. Under Contract Date: 08/23/2021; Sold Date: 10/11/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS #171896- Stonebridge, Snowmass Village, 30 Anderson Lane 717, Snowmass Village, CO; Sold Price: $1,200,000/$837 sq ft; furnished. Sold Date: 10/12/2021. More details below photos.
MLS #171896- Stonebridge, Snowmass Village, 30 Anderson Lane 717, Snowmass Village, CO; Sold Price: $1,200,000/$837 sq ft; furnished. Sold Date: 10/12/2021. Ask Price: $1,050,000. (Original Price: $1,050,000 and on the market since 09/04/2021.) This is a 1969 built, 2 bedroom/2 bath, 1,432 sq ft condo with 2 car garage on a 0.03 acres lot. Broker comments are “Well-located and very private two-bedroom (formerly 2 one-bdrms which were combined) with super-easy access from property to Fanny Hill (no stairs or elevator) and to pool and fitness center. Features include two gas fireplaces, two long decks, renovated kitchen, great mudroom, in-unit washer/dryer, generous storage, and two parking spaces in the garage, from which there is elevator access to the 717 level. Condominium can sleep 8, if living room hide-a-bed is used. Views of a parklike setting where deer often graze. Base Village and Village Mall are both located within short walking distance. Terrific management on site which is overseen by a very responsible, professional Board.” 2021 taxes: $2,895; HOA Dues: $22,250. Under Contract Date: 09/10/2021; Sold Date: 10/12/2021. (Photos and broker comments courtesy of Compass SMV )
MLS #166092- Timberline, Snowmass Village, 690 Carriage Way 115, Snowmass Village, CO; Sold Price: $305,000/$837 sq ft; furnished. Sold Date: 10/15/2021. More details below photos.
MLS #166092- Timberline, Snowmass Village, 690 Carriage Way 115, Snowmass Village, CO; Sold Price: $305,000/$837 sq ft; furnished. Sold Date: 10/15/2021. Ask Price: $319,000. (Original Price: $325,000 and on the market since 08/18/2020.) This is a 1972 built, 1 bath, 364 sq ft condo. Broker comments are “Perfect ski pied-à-terre located directly on the slopes of Snowmass Ski area. Smartly remodeled studio and literally step out your door and onto the slopes. Kitchen includes mini-refrigerator, microwave and two burner stove. Plenty of storage for your ski trip. Excellent rental. Timberline offers superb management, pool, jacuzzi, steam room, outdoor grill, fire pit and picnic area, fitness room, business center, courtesy van and front desk service. Also, Incline Ski Shop is on premises for easy ski rental and equipment. Enjoy fine dining at the Edge Restaurant conveniently located within the Timberline.” 2020 taxes: $868; HOA Dues: $7,428. Under Contract Date: 08/31/2021; Sold Date: 10/15/2021. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS #170477- Shield O Terrac, Old Snowmass, 50 Old Pond Way, Snowmass, CO; Sold Price: $3,900,000/$758 sq ft; partial furnished. Sold Date: 10/12/2021. More details below photos.
MLS #170477- Shield O Terrac, Old Snowmass, 50 Old Pond Way, Snowmass, CO; Sold Price: $3,900,000/$758 sq ft; partial furnished. Sold Date: 10/12/2021. Ask Price: $4,500,000. (Original Price: $4,500,000 and on the market since 06/14/2021.) This is a 2004 built and 2014 remodeled, 5 bedroom/4 bath/2 half-bath, 5,144 sq ft single family with 2 car garage on a 2.29 acres lot. Broker comments are “A timeless design Country estate in Old Snowmass. Poised on two-plus acres, this five-bedroom, 5,030 sqft classic design home is beautifully complimented by contemporary finishes. Boasting dramatic views of both Snowmass Mountain and Snowmass Creek. The Old Pond Way residence’s seamless floor plan features two entertaining areas, a generous office, a two-car garage, a new Cummins diesel/propane generator, and a large private hot tub in the backyard” 2021 taxes: $15,847; HOA Dues: $1,500. Under Contract Date: 08/05/2021; Sold Date: 10/12/2021. (Photos and broker comments courtesy of Compass)
______________
