Aspen Real Estate Market Last Week’s Sales: Aug 25 – Sept 1, 24 – Week 35
Closed (7): MLS#s: 185263, 177747, 184288, 184832, 183762, 184353, 183941. This link is valid until 10/1/2024.
Under Contract/Pending (7): MLS#s: 184413, 181838, 182163, 181857, 185210, 185003, 182730. This link is valid until 10/1/2024.
Estin Report: The July 2024 Market Snapshot and the bi-annual 1st Half 2024 Aspen Snowmass Real Estate Market reports have been released in the Current Reports Section for PDF download. The H1 2024 print edition is now available outside Sotheby’s offices at 300 S Spring St #100 (my office, opposite the Aspen Art Museum) and 415 E. Hyman Ave in the Hyman Mall, in racks around town and at the Pitkin County/ASE airport luggage area magazine kiosk.
Sold Properties Last Week.
MLS # 185263 – Pitkin Green, Red Mountain, 720 Willoughby Way, Aspen, CO; Sold Price: $60M/$6,867 sq ft. Furnished; Sold Date: 08/29/2024. More details below photos.
MLS # 185263 – Pitkin Green, Red Mountain, 720 Willoughby Way, Aspen, CO; Sold Price: $60M/$6,867 sq ft. Furnished; Sold Date: 08/29/2024. Ask Price: $60M (Original Price: $60M and on the market since 08/29/2024. Previously sold at $27M/$3,090 SF UnFurn on 7/10/20). This is a 2015 built and 2020 remodeled, 7 bedroom 7 bath/ 2 half-bath, 8,737 sq ft single-family home with 3 car garage on a 38,000 sq ft lot , or 0.87 acres. Tim’s comments: Sold before MLS. The best of the best quality offering a threepeat or hat-trick: A rare Aspen property with the big (3): Panoramic mountain views, river views, walkable to town and to the Aspen Institute, Aspen Music Festival campuses. Contemporary home with rare swimming pool on Aspen’s prized Willoughby Way. The home features 7 en suite bedrooms, 9 baths, and the highest end finishes throughout. High ceilings and expansive windows frame views from Independence Pass to Pyramid Peak, perfect for displaying art. The Bulthaup kitchen flows into an open floor plan designed for both large gatherings and intimate family moments. Telescoping glass doors connect the interior to generous outdoor patios, a pool, and a landscaped yard, ideal for summer entertaining. 2023 Taxes: $88,148; HOA Dues: $4,000. Under Contract Date: 08/29/2024; Sold Date: 08/29/2024 (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 177747 – Jacobie Condos, Smuggler, 415 Park Circle 5, Aspen, CO; Sold Price: $2.05M/$1,865 sq ft. Furnished; Sold Date: 08/23/2024. More details below photos.
MLS # 177747 – Jacobie Condos, Smuggler, 415 Park Circle 5, Aspen, CO; Sold Price: $2.05M/$1,865 sq ft. Furnished; Sold Date: 08/23/2024. Ask Price: $2.15M (Original Price: $2.475M and on the market since 12/22/2022) This is a 1972 built and 2022 remodeled, 2 bedroom, 2 3/4-bath, 1,099 sq ft condo 2-levels with assigned car garage. Tim’s comments: Inviting 2-bedroom, 2-bath townhouse with mountain views, a short walk from downtown. Recently renovated, this corner unit features an upstairs living area with vaulted ceilings, brick floors, a wood-burning fireplace, and exposed wood beams. The updated kitchen combines modern finishes with rustic charm. A southern-facing deck offers sunshine and Aspen Mountain views, while the kitchen overlooks Smuggler Mountain. The entry level includes two spacious bedrooms, an updated ¾ bath, and a laundry closet. Includes two assigned parking spaces with easy access to trails and a nearby bus stop. 2023 Taxes: $2,660; HOA Dues: $8,340. Under Contract Date: 02/25/2024; Sold Date: 08/23/2024 (Photos courtesy of Douglas Elliman Real Estate)
MLS # 184288 – Alpine Grove Condos, West Aspen, 414 Pacific Avenue B, Aspen, CO; Sold Price: $1.2M/$1,589 sq ft. Unfurnished; Sold Date: 08/26/2024. More details below photos.
MLS # 184288 – Alpine Grove, West Aspen, 414 Pacific Avenue B, Aspen, CO; Sold Price: $1.2M/$1,589 sq ft. Unfurnished; Sold Date: 08/26/2024. Ask Price: $1.249M (Original Price: $1.318M and on the market since 06/22/2024) This is a 2003 built and 2023 remodeled, 2 bedroom 1 bath, 755 sq ft condo. Tim’s comments: Ground-level condo with 2 bedrooms and 1 bathroom, featuring a new bathroom floor, fixtures, and fresh paint. Bright unit with a private patio walk-out. Includes access to a private hot tub and pool. Conveniently located near the airport, Rio Grande Trail, grocery store, and the Roaring Fork River. Comes with a washer and dryer, spacious basement storage, and pet-friendly HOA that covers all utilities except electric and Comcast. Parking includes one assigned and one guest space. 2024 Taxes: $1,090; HOA Dues: $13,796. Under Contract Date: 07/26/2024; Sold Date: 08/26/2024 (Photos courtesy of Coldwell Banker Mason Morse)
MLS # 184832 – Fox Run Subdivision, Snowmass Village, 955 Fox Run Drive, Snowmass Village, CO; Sold Price: $12M/$2,359 sq ft. Partial Furnished; Sold Date: 08/30/2024. More details below photos.
MLS # 184832 – Fox Run PUD, Snowmass Village, 955 Fox Run Drive, Snowmass Village, CO; Sold Price: $12M/$2,359 sq ft. Partial Furnished; Sold Date: 08/30/2024. Ask Price: $12.8M (Original Price: $12.8M and on the market since 07/28/2024). This is a built 1989/remodel 2018 home with 6 bdrm/6 ba, 5,085 sq ft on 3-levels with 825 sq ft garage on 36,844 sq ft lot or .85 acres. Extensively remodeled in 2018 in a 5-bedroom home with inviting spaces. The great room and expansive decks showcase stunning views of Snowmass Village. The primary suite is on its own level with a private balcony. The lower level features four bedrooms, a media room, and access to a manicured lawn and large hot tub. Includes a 3-car garage, mudroom, and laundry room. Situated on over an acre with end-of-road privacy, it overlooks HOA common space. The Fox Run HOA provides irrigation water for landscaping and has easy access to the Snowmass pedestrian path. 2023 Taxes: $27,298; HOA Dues: $3,600. Under Contract Date: 08/16/2024; Sold Date: 08/30/2024(Photos courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS # 183762 – Ridge Run, Snowmass Village, 964 Faraway Road, Snowmass Village, Aspen, CO; Sold Price: $7.2M/$1,549 sq ft. Furnished; Sold Date: 08/30/2024. More details below photos.
MLS # 183762 – Ridge Run, Snowmass Village, 964 Faraway Road, Snowmass Village, Aspen, CO; Sold Price: $7.2M/$1,549 sq ft. Furnished; Sold Date: 08/30/2024. Ask Price: $7.9M (Original Price: $8.7M and on the market since 05/20/2024) This is a 1980 built and 2024 remodeled, 6 bedroom 6 bath, 4,647 sq ft single-family home with 1 car garage on a 33,639 sq ft lot , or 0.77 acres. Tim’s comments: A reimagined Snowmass home, transformed by a design team and nestled in a grove of Aspen trees. Redesigned for an alpine lifestyle, it features authentic barn woods, impressive trusses, beams, and a dramatic fireplace. The great room and living space are ideal for entertaining and making memories. Large wrap-around decks offer stunning mountain views. Includes five bedrooms, with a custom bunk room for six. A perfect choice for a Snowmass legacy home. 2023 Taxes: $17,149; HOA Dues: $200. Under Contract Date: 08/05/2024; Sold Date: 08/30/2024(Photos courtesy of Compass)
MLS # 184353 – Base Village/Limelight, Snowmass Village, 65 Wood Road 515, Snowmass Village, CO; Sold Price: $3.35M/$2,415 sq ft. Furnished; Sold Date: 08/28/2024. More details below photos.
MLS # 184353 – Base Village/Limelight Hotel Condo, Snowmass Village, 65 Wood Road 515, Snowmass Village, CO; Sold Price: $3.35M/$2,415 sq ft. Furnished; Sold Date: 08/28/2024. Ask Price: $3.5M (Original Price: $3.5M and on the market since 06/26/2024) This is a 2018 built, 2 bedroom 2 bath, 1,387 sq ft condo with common car garage. Tim’s comments: This top-floor, 2-bed, 2-bath residence at the Limelight Hotel in Snowmass Village generated $320k in gross rental revenue for the 2023-24 ski season and has over $120k in bookings for the 2024-25 season. One of only 11 privately-owned residences, it offers flexibility with the option to lock off one unit for increased rental income. Ideal for investors or end-users. 2023 Taxes: $21,440; HOA Dues: $32,664. Under Contract Date: 07/24/2024; Sold Date: 08/28/2024 (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 183941 – Enclave Condominium, Snowmass Village, 360 Wood Road 211, Snowmass Village, CO; Sold Price: $1.875M/$1,723 sq ft. Furnished; Sold Date: 08/29/2024. More details below photos.
MLS # 183941 – Enclave, Snowmass Village, 360 Wood Road 211, Snowmass Village, CO; Sold Price: $1.875M/$1,723 sq ft. Furnished; Sold Date: 08/29/2024. Ask Price: $1.95M (Original Price: $1.95M and on the market since 06/03/2024) This is a 1977 built and 2006 remodeled, 2 bedroom 2 bath, 1,088 sq ft condo. Tim’s comments: Location is key for this two-bedroom, south-facing condominium. It features numerous windows for morning and afternoon sun with views of Funnel Ski Run, Elk Camp, and passing gondola cars. Enjoy watching skiers and the warmth of a wood-burning fireplace. Additional complex amenities include a new arrival center with elevator access, covered carport parking, on-site management, shuttle service, and good rental potential. A short walk to village shops and restaurants. Unit 211, formerly connected to unit 111 below, is now separated with stairs removed and floor reinstalled. Carpet allowance for the living room area. Vacant and available for showings on short notice. 2023 Taxes: $5,263; HOA Dues: $23,534. Under Contract Date: 07/30/2024; Sold Date: 08/29/2024 (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
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