Aspen Real Estate Market Last Week’s Sales: Feb 26 – March 5, 23 – Week 9
Closed (5): MLS#s: 178364, 178406, 176261, 177159, 176881. This link is valid until 4/4/2023.
Under Contract/Pending (8): MLS#s: 178323, 177769, 175239, 177394, 174562, 175066, 175641, 178376. This link is valid until 4/4//2023.
See other Aspen real estate market weekly blog postings, monthly 10-page market snapshots (Feb 2023) and bi-annual 32-pg market reports. The print version 2022 Year in Review H2 & YR 2022 (through Dec 6, 22) was released on Dec 19, 22 and is available outdoors at Sotheby’s at 300 S Spring St #100 and Sotheby’s at 415 E. Hyman Ave, around town and at the airport. The online version (through Dec 31, 22) was posted Jan 10, 23.
Sold Properties Last Week.
MLS # 178364 – Red Butte Subd, West Aspen, 1300 Red Butte Drive, Prime River Frontage on 1/2 Acre, Aspen, CO; Sold Price: $24,000,000/$4,132 sq ft; furnished. Sold Date: 03/01/2023. More details below photos.
MLS # 178364 – Red Butte Subdivision, West Aspen, Contemporary Aspen Riverfront Estate, 1300 Red Butte Drive, Aspen, CO; Sold Price: $24M/$4,132 sq ft; furnished. Sold Date: 03/01/2023. Ask Price: $24M. (Original Price: $24M and on the market since 03/01/2023. The property previously transacted on 4/21/21 at $16.5M/$2,841 sq ft. See May 3, 21 blog post. ) This is a 1993 built and 2015 remodeled, 5 bedroom/6 bath/1 half-bath, 5,807 sq ft single-family home on the Roaring Fork River with 2 car garage on a 37,026 sq ft lot, or 0.85 acres. Tim’s comments: Sold off market. Red Butte Drive is known for its relative privacy and quiet, larger parcels, typically 1/2 to 1 acre, riverfront “estates” within easy walk/bike distance to the Rio Grande Trail to walk or bike into town about 1.5 miles distance. 2022 Taxes: $27,125. Under Contract Date: 02/23/2023; Sold Date: 03/01/2023. (Photos and broker comments courtesy of Whitman Fine Properties)
MLS # 178406 – Townsite of Aspen, Central Core, 212 E Durant Avenue, Aspen, CO; Sold Price: $22,000,000/$5,934 sq ft; furnished. Sold Date: 03/03/2023. More details below photos.
MLS # 178406 – Towne Place of Aspen Condos, Central Core, 212 E Durant Avenue, Aspen, CO; Sold Price: $22,000,000/$5,934 sq ft; furnished. Sold Date: 03/03/2023. Ask Price: $22,000,000. (Original Price: $22,000,000 and on the market since 03/03/2023. The property previously transacted on May 26, 21 at $8.525M. For photos and further description, see 5/31/21 blog post.) Another Unit A, with 5 bdrm/5.5 ba effectively rebuilt in 2017/remodeled 2021, sold on 1/19/21 at $9.25M/3,090 sq ft = $2,933 sq ft). This is a 1997 built/2022 remodeled, 4 bedroom/4.5 bath, 3,707 sq ft townhome with 2 car garage. Tim’s comments: Sold off market. The townhome is across the street and less than 1/2 block away from where the new Lift 1A base station is planned to be re-located. 2022 Taxes: $17,382; HOA Dues: $23,224. Under Contract Date: 02/21/2023; Sold Date: 03/03/2023. (Photos and broker comments courtesy of Douglas Elliman Real Estate)
MLS # 176261 – Concept 600, Central Core, 600 E Main Street 304, Aspen, CO; Sold Price: $2,700,000/$2,842 sq ft; partial furnished. Sold Date: 02/27/2023. More details below photos.
MLS # 176261 – Concept 600, Central Core, 600 E Main Street 304, Aspen, CO; Sold Price: $2,700,000/$2,842 sq ft; partial furnished. Sold Date: 02/27/2023. Ask Price: $2,850,000. (Original Price: $2,995,000 and on the market since 08/01/2022). This is a 1972 built, 2 bedroom/2 bath, 950 sq ft condo with assigned car garage. Tim’s comments: Well maintained, turnkey Aspen Core condo two blocks from Restaurant Row. South facing Aspen Mountain views. Low monthly fees and the complex allows short term rentals (STR). New fall 2021 STR rules should be confirmed with the City of Aspen. 2022 Taxes: $4,724; HOA Dues: $9,750. Under Contract Date: 12/27/2022; Sold Date: 02/27/2023. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS # 177159 – Hunter Creek, Smuggler, 909 Vine Street, Aspen, CO; Sold Price: $1,575,000/$1,463 sq ft; furnished. Sold Date: 03/03/2023. More details below photos.
MLS # 177159 – Hunter Creek, Smuggler, 909 Vine Street, Aspen, CO; Sold Price: $1.575M/$1,463 sq ft; furnished. Sold Date: 03/03/2023. Ask Price: $1.65M. (Original Price: $1.75M and on the market since 10/14/2022.) This is a 1980 built and 2008 remodeled, 3 bedroom/2 bath, 1,076 sq ft condo. Tim’s comments: Rare 3-bedroom Aspen ground floor condo unit available under $2M. Located in the Hunter Creek Condo campus near Clarks Market (groceries) and the Aspen Post Office, the complex offers 2 outdoor asphalt tennis courts, swimming pool, hot tubs with very reasonable HOA fees. The location is on the Hunter Creek/Galena Bus Shuttle which will take you anywhere in town and to the ski mountain. There is a 6-month rental restriction which allows for up to 2 two-week periods per calendar year. 2021 Taxes: $2,224; HOA Dues: $12,600. Under Contract Date: 02/02/2023; Sold Date: 03/03/2023. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 176881 – Smuggler Park, Smuggler, 219 Cottonwood Lane, Aspen, CO; Sold Price: $1,385,000/$1,202 sq ft; unfurnished. Sold Date: 02/28/2023. More details below photos.
MLS # 176881 – Smuggler Mobile Home Park, Smuggler, 219 Cottonwood Lane, Aspen, CO; Sold Price: $1,385,000/$1,202 sq ft; unfurnished. Sold Date: 02/28/2023. Ask Price: $1,450,000. (Original Price: $1,550,000 and on the market since 09/16/2022). This is a 1980 built and 2022 remodeled, 2 bedroom/2 bath, 1,152 sq ft single-family home on a 2,857 sq ft lot, or 0.07 acres. Tim’s comments: Two bedroom unit with recently upgraded fence, EV plug-in charger and fresh exterior paint and on the decks. Smuggler Park is designated as Resident Occupied (RO) by the Aspen Pitkin County Housing Authority (APCHA) requiring owner to document local employee working status, 1500 hrs per year, and 6-month minimum primary residency requirement. 2021 Taxes: $2,019; HOA Dues: $4,200. Under Contract Date: 12/14/2022; Sold Date: 02/28/2023. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s SS)
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