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Aspen Real Estate Market  Last Week’s Sales: June 23 – June 30, 24 – Week 26

Closed (6): MLS#s: 183051, 184352, 183703, 182937, 183409, 183361. This link is valid until 7/30/2024

Under Contract/Pending (4): MLS#s: 183957, 183977, 182439, 184128. This link is valid until  7/30/2024.

The Estin Report: The May 2024 Aspen Snowmass Village market snapshot has been released in the Current Reports Section. The 2023 Year in Review Aspen Snowmass real estate market report – the 32 pg review and looking forward report – has been released in a print version and as a downloadable pdf in the Reports Section. See also Aspen real estate market weekly blog postings, the monthly 10-page market snapshots (Q1 & Mar 2024). The print edition is available in brochure racks outside at Sotheby’s at 300 S Spring St #100 (my office) and Sotheby’s at 415 E. Hyman Ave, in racks around town and at the airport.  It can be downloaded from the Reports Section.

Sold Properties Last Week.

MLS # 183051 – Townsite of Aspen, West End, 105 E Hallam Street, Aspen, CO; Sold Price: $17M/$4,322 sq ft. Furnished; Sold Date: 06/24/2024. More details below photos. 

MLS # 183051 – Townsite of Aspen, West End, 105 E Hallam Street, Aspen, CO; Sold Price: $17M/$4,322 sq ft. Furnished; Sold Date: 06/24/2024. Ask Price: $17.995M (Original Price: $21.0M and on/off the market since 07/03/23. The original home, just 815 sq ft, sold at $4.25M on 05/18/18. I can recall in the mid-late 70’s when this particular group of (3) side by side historic mining “shacks” on E Hallam were the few West End homes one could buy for less than $100,000. According to public records, this property transferred on Feb 18, 1977 for $75,000. [Reception #192254]) This is one of Aspen’s original mining homes built in 1888 and 815 sq ft total size. It was re-built in 2022 following Aspen’s Historic Preservation Commission (HPC) guidelines adding approximately 3,100 sq ft sub-grade and to the rear of the home.  It is now a 4 bedroom 4 bath/ 2 half-bath, 3,933 sq ft single-family home with 1 car garage on a 3,314 sq ft lot (an undersized West End lot), or 0.08 acre. Tim’s comments: This 1888 brick miner’s cottage in the West End has been transformed into a contemporary four-bedroom home with mountain views. The re-imagined property blends historic charm with modern design. Located on one of the prime West End blocks closest to downtown Aspen’s commercial zone,  it offers easy access to dining, shopping, and skiing. The home features a primary bedroom on the upper level, a great room and kitchen on the entry level, and three en-suite bedrooms with a second entertaining area on the lower below grade level. 2024 Taxes: $42,225. Under Contract Date: 05/29/2024; Sold Date: 06/24/2024. (Photos courtesy of Compass)

MLS # 184352 – Pomegranate Condominiums, West Aspen, 39060 Hwy 82 A1, Aspen, CO; Sold Price: $2.25M/$2,060 sq ft. Sold Date: 06/17/2024. More details below photos. 

MLS # 184352 – Pomegranate, West Aspen, 39060 Hwy 82 A1, Aspen, CO; Sold Price: $2.25M/$2,060 sq ft. Sold Date: 06/17/2024. Ask Price: $2.5M (Original Price: $2.5M and on the market since 06/26/2024.) This is a 1972 built, 2 bedroom 2 bath, 1,092 sq ft condo with 1 car garage. Tim’s comments: Sold before MLS. Sold before kitchen remodel: no cabinets, counters, or sink included. 2023 Taxes: $3,384; HOA Dues: $8,754 annually. Under Contract Date: 04/24/2024; Sold Date: 06/17/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 183703 – Pines at Owl Creek, Snowmass Village, 71 Slopeside Lane, Snowmass Village, CO; Sold Price: $16.75M/$2,790 sq ft. Furnished; Sold Date: 06/26/2024. More details below photos. 

MLS # 183703 – Pines @ Owl Creek, Snowmass Village, 71 Slopeside Lane, Snowmass Village, CO; Sold Price: $16.75M/$2,790 sq ft. Furnished; Sold Date: 06/26/2024. Ask Price: $16.75M (Original Price: $16.75M and on the market since 05/14/2024.) This is a 2007 built, 6 bedroom 6 bath/ 2 half-bath, 6,002 sq ft single-family home with 3 car garage on a 31,799 sq ft lot , or 0.73 acre. Tim’s comments: This 6,050 sq. ft. mountain modern home in the prestigious Pines subdivision offers ski-in/ski-out access near the Snowmass/Two Creeks Lift. There are few Snowmass Village homes above 6,000 sq ft. Most newer SMV homes are typically 5,000-5,500 sq ft. This home features six bedrooms, six full baths, two powder rooms, a den/playroom, a chef’s kitchen, and a formal dining room. Outdoor areas include a kitchen and an adjacent entertaining space and a covered area with a fireplace. The master suite has a private office with outdoor access. The three-car garage includes a car lift. Bottom line, this property  package has it all: prime SMV location in a newer prestigious sub-division, size, design, and ski access. 2023 Taxes: $36,175; HOA Dues: $8,000 annually. Under Contract Date: 05/27/2024; Sold Date: 06/26/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 182937 – Wood Run Subdivision, Snowmass Village, 851 Wood Road, Snowmass Village, CO; Sold Price: $8.9M/$1,977 sq ft. Furnished; Sold Date: 06/25/2024. More details below photos. 

MLS # 182937 – Wood Run, Snowmass Village, 851 Wood Road, Snowmass Village, CO; Sold Price: $8.9M/$1,977 sq ft. Furnished; Sold Date: 06/25/2024. Ask Price: $8.95M (Original Price: $8.95M and on the market since 03/18/2024.) This is a 2003 built, 5 bedroom 5 bath/ 1 half-bath, 4,500 sq ft single-family home with 3 car garage on a 47,916 sq ft lot , or 1.1 acre. Tim’s comments: This single-level 5-bedroom, 5-bath home in Woodrun features 20 ft. ceilings, a 3-car garage, a wine room, an outdoor hot tub, and a firepit. All patios and the driveway have snowmelt. The home has a new roof and offers privacy and views. It is located near Base Village with indirect ski access. 2023 Taxes: $31,611; HOA Dues: $200 annually. Under Contract Date: 04/17/2024; Sold Date: 06/25/2024. (Photos courtesy of Alpine Property Management)

MLS # 183409 – Country Club Villas, Snowmass Village, 294 Snowmass Club Circle 1104, Snowmass Village, CO; Sold Price: $2.86M/$2,042 sq ft. Partial Furnished; Sold Date: 06/25/2024. More details below photos. 

MLS # 183409 – Country Club Villas, Snowmass Village, 294 Snowmass Club Circle 1104, Snowmass Village, CO; Sold Price: $2.86M/$2,042 sq ft. Partial Furnished; Sold Date: 06/25/2024. Ask Price: $3M (Original Price: $3M and on the market since 04/25/2024.) This is a 1985 built and 2023 remodeled, 2 bedroom 2 bath, 1,400 sq ft condo with 1 car garage. Tim’s comments: This is a rare corner ground floor unit at Snowmass Club Villas. The 1,400 sq. ft. condo features two bedrooms, two bathrooms, a den, a private deck, and Mt. Daly views. Completely remodeled in 2022, it offers luxury finishes, a fireplace, and easy access to the Snowmass Town Shuttle and Snowmass Club amenities. The condo includes a one-car garage, a ski locker and a Snowmass Club membership is available for purchase. 2023 Taxes: $5,329; HOA Dues: $18,772 annually. Under Contract Date: 05/20/2024; Sold Date: 06/25/2024. (Photos courtesy of Engel & Volkers Snowmass)

MLS # 183361 – Assay Hill Lodge, Snowmass Village, 130 Wood Road 233, Snowmass Village, CO; Sold Price: $1.7M/$1,893 sq ft. Sold Date: 06/24/2024. More details below photos. 

MLS # 183361 – Assay Hill Lodge, Snowmass Village, 130 Wood Road 233, Snowmass Village, CO; Sold Price: $1.7M/$1,893 sq ft. Sold Date: 06/24/2024. Ask Price: $1.995M (Original Price: $1.995M and on the market since 04/20/2024.) This is a 2010 built, 2 bedroom 2 bath, 898 sq ft condo with common car garage. Tim’s comments: This is the most affordable two-bedroom residence in the Viceroy Hotel offering better rental returns than higher-priced units. It features views of the “ski back” trail in winter and Brush Creek open space in summer. Located on the second floor, the views are protected from future Snowmass Base Village development. The Viceroy provides full-service hotel amenities including a renovated lounge and lobby bar, dining at Toro and Nest, a front desk, spa, ski valet, ski-in/ski-out access, and valet parking. 2023 Taxes: $16,300; HOA Dues: $24,764 annually. Under Contract Date: 05/20/2024; Sold Date: 06/24/2024. (Photos courtesy of Compass)

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