Aspen Real Estate Market Last Week’s Sales: April 28 – May 5, 24 – Week 18
Closed (10): MLS#s: 181314, 178089, 182018, 183126, 178515, 182623, 183549, 182585, 181292, 182033 This link is valid until 6/4/2024.
Under Contract/Pending (6): LS#s: 183519, 179743, 181988, 182276, 182435, 182510. This link is valid until 6/4/2024.
The Estin Report: Q1 & Mar 2024 Aspen Snowmass Village market snapshot will be released by end of the day, Apr 1st. 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 # 181314 – Wildcat Ridge Wilderness, Snowmass Village, 1500 Ridge of Wildcat Drive, Snowmass, CO; Sold Price: $24.5M/$1,908 sq ft. Furnished; Sold Date: 05/01/2024. More details below photos.
MLS # 181314 – Wildcat Ridge Wilderness, Snowmass Village, 1500 Ridge of Wildcat Drive, Snowmass, CO; Sold Price: $24.5M/$1,908 sq ft. Furnished; Sold Date: 05/01/2024. Ask Price: $34.5M (Original Price: $34M since Oct 2024 but on/off the market since 05/01/2008 at initial list price then of $36M.) This is a 2001 built, 7 bedroom 7 bath/ 5 half-bath, 12,836 sq ft single-family home with 4+ car garage on a 8,710,258 sq ft lot, or 199.96 acres. Tim’s comments: Irreproducible high altitude (9,000′ – 10,000′ above sea level) expansive estate spanning nearly 200 acres offering ultimate privacy, panoramic extreme high mountain 360-degree views and multiple buildings. Featuring 7 en suite bedrooms, spacious living areas, breathtaking vistas from every room, a spa, 4-car garage, and 2 elevators. Development rights summary: ”EST” Zone District – Max 15,000 sq ft allowable for combined principle residence, guest house (2,500 sq ft max) and caretaker (1,500sq ft max). Due to acreage, accessory structures not subject to floor area limits except barns shall not exceed 3,000 sq ft of ground coverage or 6,000 sq ft total. A 15,000 sq ft indoor riding arena authorized subject to Administrative Amendment to PUD. 2022 Taxes: $67,092; HOA Dues: $90. Under Contract Date: 03/14/2024; Sold Date: 05/01/2024. (Photos courtesy of Douglas Elliman Real Estate)
| – | MLS # | Status | Price | % Change | Date | DOM | Address |
|---|---|---|---|---|---|---|---|
| – | 181314 | Closed | $24,500,000 | -16.9% | 05/01/2024 | 175 | 1500 Ridge of Wildcat Drive |
| + | Closed | $34,500,000 | 05/01/2024 | 0 | |||
| + | Pending | $34,500,000 | 03/20/2024 | 42 | |||
| + | Active | $34,500,000 | 12/26/2023 | 127 | |||
| + | Pending | $34,500,000 | 11/08/2023 | 175 | |||
| + | Tour | $34,500,000 | 10/18/2023 | 196 | |||
| + | New | $34,500,000 | 10/09/2023 | 205 | |||
| – | Expired | $29,500,000 | 0.0% | 11/15/2020 | 3100 | 1500 Ridge Of Wildcat Drive | |
| + | Expired | $29,500,000 | 11/15/2020 | ||||
| + | Price Change | $29,500,000 | 18.0% | 11/19/2019 | 362 | ||
| + | Price Change | $25,000,000 | 12.4% | 02/09/2018 | 1010 | ||
| + | Price Change | $22,250,000 | -10.1% | 05/13/2015 | 2013 | ||
| + | Price Change | $24,750,000 | -21.4% | 04/04/2014 | 2417 | ||
| + | Price Change | $31,500,000 | 6.8% | 10/17/2012 | 2951 | ||
| + | New | $29,500,000 | 06/11/2012 | 3079 | |||
| – | Expired | $29,500,000 | -18.1% | 05/03/2012 | 352 | 1500 Ridge Of Wildcat Drive | |
| + | Expired | $29,500,000 | 05/03/2012 | ||||
| + | Price Change | $29,500,000 | 900.0% | 09/15/2011 | 231 | ||
| + | Price Change | $2,950,000 | -91.8% | 09/15/2011 | 231 | ||
| + | New | $36,000,000 | 06/03/2011 | 335 | |||
| – | Expired | $36,000,000 | 05/02/2011 | 1093 | 1500 Ridge Of Wildcat Drive | ||
| + | Expired | $36,000,000 | 05/02/2011 | ||||
| + | Active | $36,000,000 | 05/05/2010 | 362 | |||
| + | Expired | $36,000,000 | 05/01/2010 | 365 | |||
| + | Withdrawn | $36,000,000 | 01/29/2010 | 458 | |||
| + | New | $36,000,000 | 05/01/2008 | 1096 |
MLS # 178089 – Red Mountain Ranch, 916 Hunter Creek Road, Aspen, CO; Sold Price: $23.5M/$3,035 sq ft. Furnished; Sold Date: 05/01/2024. More details below photos.
MLS # 178089 – Red Mountain Ranch, 916 Hunter Creek Road, Aspen, CO; Sold Price: $23.5M/$3,035 sq ft. Furnished; Sold Date: 05/01/2024. Ask Price: $25.9M (Original Price: $34M since Oct 2024 but on/off the market since 05/01/2008 with initial list price of $36M.) This is a 2000 built and 2022 remodeled, 6 bedroom 6 bath/ 2 half-bath, 7,743 sq ft single-family home with 3 car garage on a 30,250 sq ft lot, or 0.69 acres. Tim’s comments: Stunning estate on Aspen’s Red Mountain offers timeless design that blends classic and contemporary elements with panoramic views of Aspen Mountain, Aspen Highlands, Buttermilk, Independence Pass, and downtown Aspen. Ideal for entertaining with indoor and outdoor living spaces, soaring ceilings, custom kitchen, breathtaking staircase, and well-considered floorplan for multigenerational living. 2022 Taxes: $36,272; HOA Dues: $6,000. Under Contract Date: 04/16/2024; Sold Date: 05/01/2024. (Photos courtesy of Compass)
MLS # 182018 – Starwood, McLain Flats, TBD Eppley Drive, Aspen, CO; Vacant land / lot for sale, Sold Price: $5.25M. Sold Date: 05/03/2024. More details below photos.
MLS # 182018 – Starwood, McLain Flats, TBD Eppley Drive, Aspen, CO; Vacant land / lot for sale, Sold Price: $5.25M. Sold Date: 05/03/2024. Ask Price: $5.5M. (Original Price: $5.5M and on the market since 12/20/2023). Tim’s comments: This rare parcel allows for a 5,750 SF home or up to 8,250 SF with one TDR ((Transferrable Development Right allowing up to additional 2,500 sq ft per TDR). Architectural renderings available for a modern home capturing views of the entire Elk Mountain Range (the majors peaks surrounding Aspen area) from Independence Pass to Mt. Sopris. Combine with adjacent listings for a family compound. 2024 Taxes: $50,648; HOA Dues: $852. Under Contract Date: 01/30/2024; Sold Date: 05/03/2024. (Photos courtesy of Compass)
MLS # 183126 – Lift One Condominiums, Central Core, 131 E Durant Avenue 205, Aspen, CO; Sold Price: $3,601,000M/$3,000 sq ft. Furnished; Sold Date: 05/01/2024. More details below photos.
MLS # 183126 – Lift One Condos, Central Core, 131 E Durant Avenue 205, Aspen, CO; Sold Price: $3,601,000M/$3,000 sq ft. Furnished; Sold Date: 05/01/2024. Ask Price: $3.495M (Original Price: $3.495M and on the market since 04/03/2024) This is a 1972 built and 2018 remodeled, 3 bedroom 1 bath, 1,200sq ft condo with common car garage. Tim’s comments: Future ski-in/ski-out condo adjacent to planned redeveloped new Lift 1A. Luxurious 3-bed, 3-bath remodeled unit with 2 ski closets. Two primary suites and a bonus vanity in the third bedroom. Euro glass showers, sunlit open floor plan with wood fireplace. End unit with park view from 150 sq ft covered balcony. Complex amenities include pool, hot tub, concierge, laundry, and BBQ. 2023 Taxes: $8,161; HOA Dues: $24,216. Under Contract Date: 04/08/2024; Sold Date: 05/01/2024. (Photos courtesy of Revolutionary Realty, LLC)
MLS # 178515 – Timber Ridge, Central Core, 100 E Dean Street 3D, Aspen, CO; Sold Price: $2.575M/$2,926 sq ft. Furnished; Sold Date: 05/01/2024. More details below photos.
MLS # 178515 – Timber Ridge Condominiums, Central Core, 100 E Dean Street 3D, Aspen, CO; Sold Price: $2.575M/$2,926 sq ft. Furnished; Sold Date: 05/01/2024. Ask Price: $2.75M (Original Price: $2.85M and on the market since 03/13/2023) This is a 1965 built, 2 bedroom 1 bath/ 1 half-bath, 880 sq ft condo. Tim’s comments: Recently updated top floor unit with mountain views, skylights, and balconies off each bedroom. Enjoy watching Aspen Mountain gondola, skiers, hikers, wildlife, and fireworks from your balcony. Adjacent to Koch Park, two blocks from Lift 1-A. Exterior renovation of Timber Ridge completed in 2022. Located in Lodge Zone with no limits on short-term rental licenses (subject to STR permit application). 2023 Taxes: $4,65. Under Contract Date: 03/14/2024; Sold Date: 05/01/2024. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS # 182623 – Hunter Creek Condominiums, Smuggler, 723 Vine Street Unit 723, Aspen, CO; Sold Price: $1.25M/$1,698 sq ft. Sold Date: 04/29/2024. More details below photos.
MLS # 182623 – Hunter Creek, Smuggler, 723 Vine Street 723, Aspen, CO; Sold Price: $1.25M/$1,698 sq ft. Sold Date: 04/29/2024. Ask Price: $1.295M (Original Price: $1.295M and on the market since 02/21/2024) This is a 1982 built and 1985 remodeled, 2 bedroom 1 bath, 736 sq ft condo. Tim’s comments: Hunter Creek residents enjoy a range of amenities (think university campus-like) , including a seasonal pool, two year-round hot tubs, tennis courts, and shuttle service to downtown Aspen and ski slopes. The complex has reasonable HOA fees insuring consistent maintenance and diligent upkeep. This two-bedroom unit offers easy downtown access by walking or biking, Aspen Mountain views. Free bus service to the gondola is available. Outdoor enthusiasts will love the nearby Hunter Creek and Rio Grande bike trails for adventures. 2023 Taxes: $2,465; HOA Dues: $10,259. Under Contract Date: 03/15/2024; Sold Date: 04/29/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 183549 – Old Snowmass, TDR Pitkin County TDR, Aspen, CO; Vacant land / lot for sale, Sold Price: $800,000. Sold Date: 04/26/2024. More details below photos.
MLS # 183549 – Old Snowmass, TDR Pitkin County TDR, Aspen, CO; Vacant land / lot for sale, Sold Price: $800,000. Sold Date: 04/26/2024. Ask Price: $800,000. (Original Price: $800,000 and on the market since 05/03/2024). Tim’s comments: Sold before MLS. In 2022, the price of a Pitkin County TDR peaked at $2.1M experiencing an unprecedented run-up during the Pandemic. (Info on the TDR Program). 2024 Taxes; Under Contract Date: 04/16/2024; Sold Date: 04/26/2024. (Photos courtesy of Engel & Völkers)
MLS # 182585 – Assay Hill Lodge, Snowmass Village, 130 Wood Road 608, Snowmass Village, CO; Sold Price: $1.15M/$2.087 sq ft. Furnished; Sold Date: 04/30/2024. More details below photos.
MLS # 182585 – Assay Hill Lodge, Snowmass Village, 130 Wood Road 608, Snowmass Village, CO; Sold Price: $1.15M/$2.087 sq ft. Furnished; Sold Date: 04/30/2024. Ask Price: $1.3M (Original Price: $1.3M and on the market since 02/17/2024) This is a 2009 built, 1 bedroom 1 bath, 551 sq ft condo. Tim’s comments: One-bedroom floorplan with private deck and views of Wildcat Ridge and Brush Creek. Assay Hill Lodge (The Viceroy) offers ski-in/ski-out access to Snowmass Resort, Wellness Spa, restaurants, outdoor pool, ski valet, transportation to/from Aspen and Aspen Airport, in Snowmass Base Village. 2022 Taxes: $3,377; HOA Dues: $14,871. Under Contract Date: 02/19/2024; Sold Date: 04/30/2024. (Photos courtesy of Slifer Smith & Frampton RFV)
MLS # 181292 – Crestwood Condominiums, Snowmass Village, 400 Wood Road #1211, Snowmass Village, CO; Sold Price: $670,000M/$1,326 sq ft. Furnished; Sold Date: 04/29/2024. More details below photos.
MLS # 181292 – Crestwood Conods, Snowmass Village, 400 Wood Road #1211, Snowmass Village, CO; Sold Price: $670,000M/$1,326 sq ft. Furnished; Sold Date: 04/29/2024. Ask Price: $699,000 (Original Price: $699,000 and on the market since 10/06/2023) This is a 1970 built and 2006 remodeled, 1 bedroom 2 bath, 505 sq ft condo. Tim’s comments: Unique Crestwood Condo with 2nd-floor loft bedroom suite and bath, sleeps 4. Crestwood amenities include: on-site management, outdoor hot tubs, pool, fitness facility, steam room, sauna. Across the street to Fanny Hill, Base Village, ski lifts. Can be used as primary residence or rental. All utilities included in assessments, pets allowed. Offered fully furnished with new appliances. 2023 Taxes: $1,714; HOA Dues: $9,810. Under Contract Date: 03/07/2024; Sold Date: 04/29/2024. (Photos courtesy of RE/MAX Mountain West)
MLS # 182033 – Lazy Glen Mobile Park, Old Snowmass, 63 Lazy Glen Drive, Snowmass, CO; Sold Price: $250,000/$173 sq ft. Unfurnished; Sold Date: 04/30/2024. More details below photos.
MLS # 182033 – Lazy Glen Mobile Park, Old Snowmass, 63 Lazy Glen Drive, Snowmass, CO; Sold Price: $250,000/$173 sq ft. Unfurnished; Sold Date: 04/30/2024. Ask Price: $299,000 (Original Price: $349,000 and on the market since 12/21/2023) This is a 1973 built and 1980 remodeled, 4 bedroom 2 bath, 1,438 sq ft single-family home on a 5,198 sq ft lot, or 0.11 acre. Tim’s comments: Opportunity in Lazy Glen for Roaring Fork Valley residents and parents with grown children. Expansive lot allows for constructing a spacious 1,819 sq ft home. Consider sprucing up the existing residence for temporary living while awaiting completion of your new dwelling. Choose from stick-built, HUD, UBC, or IRC home options. 2022 Taxes: $1,174; HOA Dues: $3,900. Under Contract Date: 03/09/2024; Sold Date: 04/30/2024. (Photos courtesy of Engel & Volkers)
____
