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Aspen Real Estate Market  Last Week’s Sales: Sept 22 – 29, 24 – Week 39

Closed (6): MLS#s: 182755, 184420, 185004, 184542, 184729, 184563. This link is valid until 10/29/2024

Under Contract/Pending (6): MLS#s: 184076, 179469, 183954, 183954, 182996, 182996. This link is valid until  10/29/2024.

Estin Report: The Aug 2024 Market Snapshot has been released in the Current Reports Section for PDF download.  The H1 2024 print edition is available outside Sotheby’s offices at 300 S Spring St #100 (my office, opposite the Aspen Art Museum), 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 # 182755 – Callahan, East Aspen, 1403 Crystal Lake Road, Aspen, CO; Sold Price: $13.05M/$2,742 sq ft. Furnished; Sold Date: 09/26/2024. More details below photos. 

MLS # 182755 – Callahan, East Aspen, 1403 Crystal Lake Road, Aspen, CO; Sold Price: $13.05M/$2,742 sq ft. Furnished; Sold Date: 09/26/2024. Ask Price: $13.495M (Original Price: $14M and on the market since 03/04/2024). This is a 1990 built, 4 bedroom 4 bath/1 half-bath, 4,759 sq ft single-family home with 2 car garage on a 15,322 sq ft lot , or 0.35 acres.. Tim’s comments: This two-level home is just minutes from downtown Aspen in the former Aspen Club campus. It offers a balance of privacy and convenience with outdoor hiking trails, paddle boarding, and x-c skiing nearby. The property has been well-maintained and cherished by the same family since the 1990s. 2023 Taxes: $21,262; HOA Dues: $2,000. Under Contract Date: 08/02/2024; Sold Date: 09/26/2024. (Photos courtesy of Compass)

MLS # 184420 – 700 Monarch Condos, Central Core, 700 Monarch Street 306, Aspen, CO; Sold Price: $4.325M/$3,365 sq ft. Furnished; Sold Date: 09/13/2024. More details below photos. 

MLS # 184420 – 700 Monarch, Central Core, 700 Monarch Street 306, Aspen, CO; Sold Price: $4.325M/$3,365 sq ft. Furnished; Sold Date: 09/13/2024. Ask Price: $4.5M (Original Price: $4.5M and on the market since 07/01/2024). This is a 1971 built and 2016 remodeled, 3 bedroom 2 bath, 1,285 sq ft condo with assigned car garage. Tim’s comments: Top-floor corner unit located 1 1/2 blocks to Lift 1A at the base of Aspen Mountain. Remodeled in 2016, the unit presents a modern aesthetic and spacious layout. It features a third bedroom with extra storage, plus a large storage area in front of the assigned underground parking. There’s also a dedicated locker for additional gear. Perfect for mountain enthusiasts, it offers easy access/proximity to Aspen’s ski slopes and downtown. 2023 Taxes: $10,042; HOA Dues: $17,844. Under Contract Date: 07/29/2024; Sold Date: 09/13/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 185004 – Park Circle Condo, Smuggler, 425 Park Circle Unit B, Aspen, CO; Sold Price: $1.15M/$1,840 sq ft. Unfurnished; Sold Date: 09/23/2024. More details below photos. 

MLS # 185004 – Park Circle, Smuggler Area, 425 Park Circle #B, Aspen, CO; Sold Price: $1.15M/$1,840 sq ft. Unfurnished; Sold Date: 09/23/2024. Ask Price: $1.199M (Original Price: $1.199M and on the market since 08/09/2024). This is a 1975 built, 1 bedroom, 1-3/4 bath, 625 sq ft condo. Tim’s comments: Charming condo within walking distance to downtown and Smuggler Mtn trail. The unit offers fresh paint job, washer/dryer, balcony, parking, and low HOA fees. Rare Aspen find at this price. 2023 Taxes: $1,704; HOA Dues: $4,100. Under Contract Date: 08/15/2024; Sold Date: 09/23/2024. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS # 184542 – West Aspen, TDR – Transferrable Development Right, Aspen, CO; Vacant land / lot for sale,  Sold Price: $825,000. Sold Date: 09/26/2024. More details below photos.

MLS # 184542 – West Aspen, TDR TDR, Aspen, CO; Vacant land / lot for sale,  Sold Price: $825,000. Sold Date: 09/26/2024. Ask Price: $1M. (Original Price: $1.2M and on the market since 07/09/2024). Tim’s comments: A TDR, Transfer Development Right, is ‘worth’ 2,500 sq ft of additional development square footage but can only be landed on an approved TDR receiver site. They are sold on the open market and prices have flucuated significantly since the pandemic. In the past four years, the price range has been $250,000 – $2,200,000. For more info, read here. Under Contract Date: 09/12/2024; Sold Date: 09/26/2024. ( Photos courtesy of Coldwell Banker Mason Morse)

MLS # 184729 – Country Club Townhome, Snowmass Village, 52 Harleston Green 39, Snowmass Village, CO; Sold Price: $4.375M/$1,889 sq ft. Furnished; Sold Date: 09/23/2024. More details below photos. 

MLS # 184729 – Country Club Townhome, Snowmass Village, 52 Harleston Green 39, Snowmass Village, CO; Sold Price: $4.375M/$1,889 sq ft. Furnished; Sold Date: 09/23/2024. Ask Price: $4.45M (Original Price: $4.45M and on the market since 07/22/2024). This is a 1982 built and 2009 remodeled, 3 bedroom 3 bath, 2,315 sq ft townhouse with 1 car garage. Tim’s comments: This turnkey townhome combines space, functionality, and convenience near Snowmass Club amenities. The open main level features entertaining friendly living spaces, hardwood floors, updated fireplace surround and a private deck with a hot tub. Enjoy views of the golf course and landscaped grounds maintained by the HOA. The main level includes a den with custom cabinetry that can serve as a third bedroom, along with a full bathroom. The upper level boasts a large primary suite with ample closet space and second sun deck, plus an additional guest bedroom, bath, and loft for visitors. Includes a one-car garage, a mudroom with a sink, and a new washer/dryer, with free shuttle service to Snowmass Ski Mountain and only 10 minutes to Aspen. 2023 Taxes: $10,023; HOA Dues: $17,512. Under Contract Date: 08/07/2024; Sold Date: 09/23/2024. (Photos courtesy of Douglas Elliman Real Estate)

MLS # 184563 – Stonebridge Inn Condos, Snowmass Village, 300 Carriage Way 201, Snowmass Village, CO; Sold Price: $322,000/$698 sq ft. Furnished; Sold Date: 09/18/2024. More details below photos. 

MLS # 184563 – Stonebridge Inn, Snowmass Village, 300 Carriage Way 201, Snowmass Village, CO; Sold Price: $322,000/$698 sq ft. Furnished; Sold Date: 09/18/2024. Ask Price: $375,000 (Original Price: $395,000 and on the market since 07/10/2024). This is a 1969 built and 1985 remodeled, 1 bath, 461 sq ft condo on a 461 sq ft lot. Tim’s comments: Fantastic opportunity to own slope-side in Snowmass Village at the Stonebridge Inn, a popular condo complex. Located along Fanny Hill, it offers easy access to the pedestrian mall, Base Village shops, Elk Camp Gondola, and ski school. Ownership includes amenities such as a pool, hot tubs, fitness facility, concierge, ski valet, and the onsite Artisan bar and restaurant. Residence 201 is south-facing, overlooking the courtyard garden and near the hot tubs and ski slope, featuring extra square footage for additional sleeping arrangements. The property management has a strong rental program, highlighting the investment potential of this spacious and peaceful studio. Ideal for both personal enjoyment and investment. 2024 Taxes: $456; HOA Dues: $31,234. Under Contract Date: 08/14/2024; Sold Date: 09/18/2024. (Photos courtesy of Slifer Smith & Frampton RFV)

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