Aspen Real Estate Market Last Week’s Sales: May 01 – 08, 22 – Week 18
The Apr 2022 Snapshot will be posted in the next two days. The Q1 2022 & March 2022 Aspen Market Snapshot was posted 4/4/22 in the Estin Reports section.
Q1 2022 Aspen Real Estate Market Historic Charts Q1 2011 – Q1 2022 were posted in Estin Reports Charts Section
The Estin Report: H2 & YR 2021 Aspen Snowmass Real Estate Market Report – was posted online 01/16/22 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 the 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.
Blog Posted May 09, 2022 – Aspen CO real estate market activity, Week 18
Closed (10): MLS#s: 174057, 167877, 173039, 173756, 174070, 174115, 172010, 174851, 173500, 173531. This link is valid until 6/7/2022.
Under Contract/Pending (7): MLS#s: 173909, 171204, 174479, 172353, 174682, 174814, 174771. This link is valid until 6/7/2022.
Sold Properties Last Week:
MLS # 174057- 926 Willoughby Way, Pitkin Green, 926 Willoughby Way, Aspen, CO; Sold Price: $35,000,000/$5,217 sq ft; unfurnished. Sold Date: 05/02/2022. More details below photos.
MLS # 174057- 926 Willoughby Way, Pitkin Green, 926 Willoughby Way, Aspen, CO; Sold Price: $35,000,000/$5,217 sq ft; unfurnished. Sold Date: 05/02/2022. Ask Price: $28,750,000. (Original Price: $28,750,000 and on the market since 03/16/2022.) This is a 1999 built, 6 bedroom/6 bath/2 half-bath, 6,708 sq ft single family home with 2 car garage on a 1.04 acres lot. Tim’s comments: The best of the best location in Aspen is arguably Willoughby Way at the base of Red Mountain. This transaction had multiple bids and closed at 21% over ask. Willoughby Way offers beautiful 180 degree big mountain views, views of town, walkable distance to town from the nearby Rio Grande Trail or take the Aspen Meadows Bridge to the (Aspen Institute and Aspen Music Festival campuses, entertain on relatively flatter lots than most other areas of Red Mountain. The house is designed by well known Aspen architect Bill Poss. 2022 taxes: $33,545. HOA Dues: $4,400. Under Contract Date: 03/18/2022; Sold Date: 05/02/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 167877- Aspen Grove, East Aspen, 312 McSkimming Road, Aspen, CO; Sold Price: $12,125,000/$2,335 sq ft; unfurnished. Sold Date: 05/06/2022. More details below photos.
MLS # 167877- Aspen Grove, East Aspen, 312 McSkimming Road, Aspen, CO; Sold Price: $12,125,000/$2,335 sq ft; unfurnished. Sold Date: 05/06/2022. Ask Price: $11,950,000. (Original Price: $10,500,000 and on the market since 12/14/2020.) This is a 1999 built and 2020 remodeled, 5 bedroom/2 bath/1 half-bath, 8,199 sq ft single family home with 3 car garage on a 35.92 acres lot. Tim’s comments: Recently completed remodeled 2020 home that went under contract in Sept 2021, hence the very appealing purchase price 9 months ago. McSkimming Rd is just to the east of town with south and west facing views towards Aspen Mountain and down valley sunsets. The home offers open floor plan living with large floor to ceiling windows. Single level living is possible with 2 bedrooms – the master and guest master – on the main level and 3 on the lower level with a large media family room and wet bar. 2021 taxes: $27,962. Under Contract Date: 09/01/2021; Sold Date: 05/06/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS #173039 – Red Butte Subd, West Aspen, 1050 Cemetery Lane, Aspen, CO: Vacant lot for sale. Sold Price: $5,900,000. Sold Date: 05/02/2022. More details below photos.
MLS #173039 – Red Butte Subd, West Aspen, 1050 Cemetery Lane, Aspen, CO: Vacant lot for sale. Sold Price: $5,900,000. Sold Date: 05/02/2022. Ask Price: $5,950,000. (Original Price: $5,950,000 and on the market since 12/08/2021. The property sold at $2.9M on 4/21/21 and had been on the market since 8/14/17 or for 1,340 days.) This is a 22,008 sq ft single family vacant lot. Tim’s comments: “This lot with a teardown structure is on a small sliver of buildable land squeezed between adjacent Cemetery Lane and a steep slope fall-off looking north towards Red Mountain and Hunter Creek. With vacant lots reaching easily into the $5-10M mark, this compromised lot offers value in a challenging residential location. Current plans are for a new 6,400 sq ft home with 3 car garage. 2021 taxes: $4,539. Under Contract Date: 04/01/2022; Sold Date: 05/02/2022. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)
MLS # 174070- 210 Cooper, Central Core, 210 E Cooper Avenue 3-D, Aspen, CO; Sold Price: $3,125,000/$3,616 sq ft; furnished. Sold Date: 04/28/2022. More details below photos.
MLS # 174070- 210 Cooper, Central Core, 210 E Cooper Avenue 3-D, Aspen, CO; Sold Price: $3,125,000/$3,616 sq ft; furnished. Sold Date: 04/28/2022. Ask Price: $3,050,000. (Original Price: $3,050,000 and on the market since 03/16/2022.) This is a 1965 built, 2 bedroom/2 bath, 864 sq ft condo with common car garage. Tim’s comments: “Location. Location. Located ½ block to centre ville Wagner Park, across the street from the Monarch on the Park. This is top floor 2 bedroom remodel candidate with skylights and views over roof tops of Aspen Mountain. The selling price is extraordinarily strong and sets a new benchmark for in-town Aspen condo living. Owners are allowed one pet. 2019 taxes: $26,200. HOA Dues: $7,200. Under Contract Date: 12/27/2021; Sold Date: 04/28/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 173756- Original Curve, Central Core, 725 E Main Street 104, Aspen, CO; Sold Price: $788,000/$2,251 sq ft; unfurnished. Sold Date: 05/05/2022. More details below photos.
MLS # 173756- Original Curve Condominiums, Central Core, 725 E Main Street 104, Aspen, CO; Sold Price: $788,000/$2,251 sq ft; unfurnished. Sold Date: 05/05/2022. Ask Price: $788,000. (Original Price: $788,000 and on the market since 02/18/2022. The unit sold previously at $477,000/$1,363 sq ft. on 10/04/18) This is a 1970 built, 1 bath, 350 sq ft condo. Tim’s comments: These condos are located about 4 blocks to the Aspen Mountain Gondola, across the street from Heron Park and the starting point of the Rio Grande Trail. along the Roaring Fork River The unit features a murphy bed with shelving and drawers. There is a common laundry room and storage unit downstairs in the basement. The unit offers off street parking and exceptionally low HOA fees. 2021 taxes: $1,133. HOA Dues: $1,107 per qtr. Under Contract Date: 03/18/2022; Sold Date: 05/05/2022. (Photos and broker comments courtesy of Hunter Creek Properties)
MLS # 174115- Enclave, Snowmass Village, 360 Wood Road 213, Snowmass Village, CO; Sold Price: $2,500,000/$1,422 sq ft; furnished. Sold Date: 05/06/2022. More details below photos.
MLS # 174115- Enclave, Snowmass Village, 360 Wood Road 213, Snowmass Village, CO; Sold Price: $2,500,000/$1,422 sq ft; furnished. Sold Date: 05/06/2022. Ask Price: $2,650,000. (Original Price: $2,950,000 and on the market since 03/20/2022.) This is a 1977 built, 4 bedroom/3 bath, 1,757 sq ft condo with assigned car garage. Tim’s comments: This unit is presently 3 bedroom/3 bath 1,430 sq ft. It is a receiver site for a 4th bedroom and bathroom to be completed summer 2022 when it will become a 1,757 sq ft unit. Renovations for the Enclave complex are to begin in April 2022 thru November and the complex will not be accessible for owners. The renewed l will include a new welcome center, new parking garage and workout center. 2021 taxes: $3,590. HOA Dues: $24,244. Under Contract Date: 04/13/2022; Sold Date: 05/06/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 172010- Gateway To Snowmass, Old Snowmass, 1591 Gateway Road, Snowmass, CO; Sold Price: $1,495,000/$666 sq ft; partial furnished. Sold Date: 05/04/2022. More details below photos.
MLS # 172010- Gateway To Snowmass, Old Snowmass, 1591 Gateway Road, Snowmass, CO; Sold Price: $1,495,000/$666 sq ft; partial furnished. Sold Date: 05/04/2022. Ask Price: $1,495,000. (Original Price: $1,750,000 and on the market since 09/15/2021.) This is a 1982 built and 1992 remodeled, 3 bedroom/3 bath, 2,243 sq ft single family home. Tim’s comments: This is arguably either a lot sale or a rebuild opportunity of a very challenging floorplan. The views are sensational with the building envelope perched high atop the Gateway subdivision over Snowmass and Capitol Creeks looking towards Mt Sopris to Snowmass Peak to Mt Daly and Mt Hayden beyond. It’s a beautiful setting. 2018 taxes: $5,763. Under Contract Date: 04/04/2022; Sold Date: 05/04/2022. (Photos and broker comments courtesy of Engel & Volkers)
MLS # 174851- Snowmass Villas, Snowmass Village, 4000 Brush Creek Road 19, Snowmass Village, CO; Sold Price: $1,379,000/$1,231 sq ft; unfurnished. Sold Date: 05/04/2022. More details below photos.
MLS # 174851- Snowmass Villas, Snowmass Village, 4000 Brush Creek Road 19, Snowmass Village, CO; Sold Price: $1,379,000/$1,231 sq ft; unfurnished. Sold Date: 05/04/2022. Ask Price: $1,395,000. (Original Price: $1,395,000 and on the market since 05/04/2022.) This is a 1968 built and 2020 remodeled, 2 bedroom/2 bath, 1,120 sq ft townhome. Tim’s comments: The property was sold off-market. The Snowmass Villas are located 2/3 of the way up Brush Creek Road to Snowmass Ski Area. The complex borders the Snowmass Club golf course and the setting offers very pleasant open space views and walking/ hiking trails nearby. The Snowmass Bus Shuttle stop is nearby. For local living, the units offer townhouse style living in an exceedingly nice, Fritz Benedict architect designed complex. 2022 taxes: $3,298. HOA Dues: $8,400. Under Contract Date: 03/05/2022; Sold Date: 05/04/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 173500- Timberline Condos, Snowmass Village, 690 Carriage Way D1D, Snowmass Village, CO; Sold Price: $1,299,000/$1,367 sq ft; furnished. Sold Date: 05/05/2022. More details below photos.
MLS # 173500- Timberline Condos, Snowmass Village, 690 Carriage Way D1D, Snowmass Village, CO; Sold Price: $1,299,000/$1,367 sq ft; furnished. Sold Date: 05/05/2022. Ask Price: $1,299,000. (Original Price: $1,299,000 and on the market since 01/31/2022.) This is a 1972 built and 2020 remodeled, 2 bedroom/2 bath, 950 sq ft condo. Tim’s comments: Timberline complex offers on site property management and owner usage is limited to 90 days per year. These units are income producing offering ski in /out direct access to the slopes, to hiking trails on the ski mountain, close proximity to the village retail and mall area, a fitness area, swimming pool and two Jacuzzies, front desk management, airport shuttle. 2022 taxes: $1,872. HOA Dues: $15,312. Under Contract Date: 02/04/2022; Sold Date: 05/05/2022. (Photos and broker comments courtesy of Coldwell Banker Mason Morse)
MLS # 173531- Crestwood, Snowmass Village, 400 Wood Road H-2311, Snowmass Village, CO; Sold Price: $1,000,000/$1,077 sq ft; furnished. Sold Date: 05/05/2022. More details below photos.
MLS # 173531- Crestwood, Snowmass Village, 400 Wood Road H-2311, Snowmass Village, CO; Sold Price: $1,000,000/$1,077 sq ft; furnished. Sold Date: 05/05/2022. Ask Price: $1,200,000. (Original Price: $1,200,000 and on the market since 02/02/2022.) This is a 1970 built and 1985 remodeled, 2 bedroom/2 bath, 928 sq ft condo. Tim’s comments: The Crestwood complex is one of the most popular in all of Snowmass. The complex is located across from Fanny and Assay Hills, ski slopes with direct ski access. They are known to be well managed and incredibly convenient. Owners are not allowed to AirBnb but the Crestwood will manage and book your rentals. 2021 taxes: $1,744. HOA Dues: $16,599. Under Contract Date: 04/19/2022; Sold Date: 05/05/2022. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass)
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