Aspen Real Estate Market Last Week’s Sales: March 3 – March 10, 24 – Week 10
Closed (10): MLS#s: 180704, 182229, 174479, 182789, 176321, 181963, 182792, 182058, 182189, 182046. This link is valid until 4/9/2024.
Under Contract/Pending (10): LS#s: 181438, 179391, 181762, 182020, 182574, 181779, 182710, 182363, 181292, 182701. This link is valid until 4/9/2024.
The Estin Report: 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 (Feb 2023). 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 # 180704 – White Horse Springs, McLain Flats, 275 Sunnyside Ln, Aspen, CO; Sold Price: $33.5M/$2,253 sq ft. Sold Date: 03/04/2024. More details below photos.
MLS # 180704 – White Horse Springs, McLain Flats, 275 Sunnyside Ln, Aspen, CO; Sold Price: $33.5M/$2,253 sq ft. Sold Date: 03/04/2024. Ask Price: $36.75M (Original Price: $42M and on the market since 08/21/2023. The property sold when new in 2006 for $19.5M on 06/30/06. ) This is a 2006 built, 8 bedroom 8 bath/2 half-bath, 14,869 sq ft single-family home with 3 car garage on a 691,733 sq ft lot, or 15.88 acres. Tim’s comments: Spacious country estate on 15+ acres with panoramic views of the four ski areas. Main house includes open floor plan, 2 master suites, media room, exercise room, and bar. Outdoor amenities: ponds, beach, streams, gazebo, built-in barbecue, hot tub, barn, and 2-bedroom guest house. Gated entry for privacy. In fall 2023, Pitkin County reduced the allowable house size to 9,250 sq ft. This home this size could not be reproduced. 2022 Taxes: $57,881; HOA Dues: $2,400. Under Contract Date: 12/05/2023; Sold Date: 03/04/2024 (Photos courtesy of Douglas Elliman Real Estate)
MLS # 182229 – West Aspen, 1035 Cemetery Lane, Aspen, CO; Sold Price: $9.5M/$2,787 sq ft. Furnished; Sold Date: 03/05/2024. More details below photos.
MLS # 182229 – West Aspen, 1035 Cemetery Lane, Aspen, CO; Sold Price: $9.5M/$2,787 sq ft. Furnished; Sold Date: 03/05/2024. Ask Price: $9.5M (Original Price: $9.5M and on the market since 01/15/2024. The property previously sold for $5.275M/$1,547 sq ft on 12/17/19.) This is a 2015 built, 4 bedroom 4 bath/1 half-bath, 3,408 sq ft duplex home with 2 car garage on a 15,317 sq ft lot, or 0.35 acres. Tim’s comments: Custom half duplex with views, abundant natural light, and landscaped + fenced yard. Top floor features indoor-outdoor living, heated deck with Aspen Mountain views, Poliform kitchen, Miele appliances, Dekton countertops, separate dining area. Primary bedroom opens to saltwater spa and outdoor space. The primary bath includes steam/rain shower, soaking tub, Poliform closet, double vanity. Lower level: three en suite bedrooms, small den. First floor office, 2-car garage with dog wash, extra storage. Close to Stein Park, Rio Grande Trail via Cemetery Lane Trail. Lutron shades, Savant Smart Home system. 2022 Taxes: $13,831. Under Contract Date: 01/20/2024; Sold Date: 03/05/2024 (Photos courtesy of Douglas Elliman Real Estate)
MLS # 174479 – Eagle Pines, West Aspen, TBD Eagle Pines Drive, Aspen, CO; Vacant land / lot for sale, Sold Price: $8.75M. Sold Date: 03/08/2024. More details below photos.
MLS # 174479 – Eagle Pines, West Aspen, TBD Eagle Pines Drive, Aspen, CO; Vacant land / lot for sale, Sold Price: $8.75M. Sold Date: 03/08/2024. Ask Price: $9.9M. (Original Price: $14M and on the market since 04/11/2022). Tim’s comments: 11 acre building site in the exclusive and private Eagle Pines neighborhood, ski accessible from Buttermilk ski area. The lot is being sold with four transferable development rights (TDRs). Per Pitkin County requirements for this specific lot (in order for it to be subdivided from its fathering parcel, (1) TDR was required establishing the right to build a 5,750 sq ft home). One (1) TDR/5,750 sq ft plus 3 TDR’s at 2,500 sq ft each brings the total allowable sq ft on the lot to 13,250 sq ft. Plans for a contemporary home by Studio B Architects were included in the transaction even though in late fall 2023 Pitkin County passed an ordinance limiting house size to 9,250 sq ft. Perhaps because of the original and unique circumstances in creating this buildable lot (subdivision), house size exemptions have been allowed and/or the County Community Development Dept has reviewed the plans favorably. If one extracts the approximate $3.25M value of the 3 TDRs out of the deal, the land purchase is valued at $5.5M. Not bad for 11 acres with excellent views of Hunter Creek valley, Aspen Mountain, Red Mountain, and city lights. I was not involved with this deal, and I am only thinking out loud what may or may not have transpired. 2024 Taxes: $6,446; HOA Dues: $1,000.oo deal or 11 ac res fd Under Contract Date: 01/31/2024; Sold Date: 03/08/2024. (Photos courtesy of Compass)
MLS # 182789 – The Gant Condos, Central Core, 610 S West End Street G305, Aspen, CO; Sold Price: $5.5M/$4,104 sq ft. Furnished; Sold Date: 03/05/2024. More details below photos.
MLS # 182789 – Gant, Central Core, 610 S West End Street G305, Aspen, CO; Sold Price: $5.5M/$4,104 sq ft. Furnished; Sold Date: 03/05/2024. Ask Price: $5.5M (Original Price: $5.5M and on the market since 03/06/2024.) This is a 1972 built and 2020 remodeled, 3 bedroom 3 bath, 1,340 sq ft condo with common car garage. Tim’s comments: Sold before MLS. (From prior listing date listed-date sold). This is a record purchase price for a Gant unit. It is a rare top floor, 3-bdrm corner unit with an oversized “bump out” increasing the overall sq footage with views north and east of Smuggler Mountain and Independence Pass. Vaulted ceilings and corner layout provide spacious living area with natural light. Remodeled in 2008, featuring 4 decks including one off each bedroom and a back deck overlooking the quiet 2nd pool area of The Gant. The Gant complex offers two pools, hot tubs, gym, and tennis courts. Convenient shuttle service to airport and around town. 2023 Taxes: $8,446; HOA Dues: $43,120. Under Contract Date: 02/04/2024; Sold Date: 03/05/2024 (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS # 176321 – Starwood, McLain Flats, 292 Danielson Drive, Aspen, CO; Vacant land / lot for sale, Sold Price: $3.9M. Sold Date: 03/05/2024. More details below photos.
MLS # 176321 – Starwood, McLain Flats, 292 Danielson Drive, Aspen, CO; Vacant land / lot for sale, Sold Price: $3.9M. Sold Date: 03/05/2024. Ask Price: $4.395M. (Original Price: $5.95M and on the market since 08/04/2022). Tim’s comments: Prime lot at the end of Danielson Drive cul-de-sac in Starwood, offering panoramic views of Aspen Mountain, Aspen Highlands, Buttermilk, Mount Daly, and Capitol Peak. Build your dream home up to 5,750 sq ft or up to 8,250 sq ft with the purchase of (1) Pitkin County Transferable Development Right (TDR). 2023 Taxes: $43,422; HOA Dues: $350. Under Contract Date: 02/02/2024; Sold Date: 03/05/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 181963 – Timber Ridge Condominiums, Central Core, 100 E Dean Street 3A, Aspen, CO; Sold Price: $3.835M/$3,965 sq ft. Furnished; Sold Date: 03/04/2024. More details below photos.
MLS # 181963 – Timber Ridge, Central Core, 100 E Dean Street 3A, Aspen, CO; Sold Price: $3.835M/$3.965 sq ft. Furnished; Sold Date: 03/04/2024. Ask Price: $3.995M (Original Price: $3.995M and on the market since 12/14/2023.) This is a 1965 built and 2023 remodeled, 2 bedroom 2 bath, 967 sq ft condo. Tim’s comments: Newly renovated 2 bed, 2 bath top floor corner condo flooded with natural light from skylights, large windows, and north & south facing balconies. Custom finishes, chef’s kitchen with Viking appliances, temperature-controlled wine storage, AC in living room & primary bedroom, wood-burning fireplace. Timber Ridge complex recently underwent multi-million dollar exterior remodel. Adjacent to Koch Park, less than a block from planned new Lift 1-A site, poised to be Aspen Mountain’s prime chairlift access point. 2022 Taxes: $3,886. Under Contract Date: 01/17/2024; Sold Date: 03/04/2024 (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS # 182792 – Redwood, East Aspen, 550 S Riverside Avenue #5, Aspen, CO; Sold Price: $1.45M/$2,871 sq ft. Unfurnished; Sold Date: 02/23/2024. More details below photos.
MLS # 182792 – Redwood, East Aspen, 550 S Riverside Avenue #5, Aspen, CO; Sold Price: $1.45M/$2,871 sq ft. Unfurnished; Sold Date: 02/23/2024. Ask Price: $1.45M (Original Price: $1.45M and on the market since 03/06/2024.) This is a 1960 built, 1 bedroom 1 bath, 505 sq ft condo. Tim’s comments: Sold before MLS. 2023 Taxes: $1,440; HOA Dues: $3,200. Under Contract Date: 01/11/2024; Sold Date: 02/23/2024 (Photos courtesy of Lorrie B Aspen, Inc.)
MLS # 182058 – Assay Hill Lodge Condo Hotel, Snowmass Village, 130 Wood Road 514, Snowmass Village, CO; Sold Price: $1.47M/$2,158 sq ft. Furnished; Sold Date: 03/08/2024. More details below photos.
MLS # 182058 – Assay Hill Lodge Condo Hotel, Snowmass Village, 130 Wood Road 514, Snowmass Village, CO; Sold Price: $1.47M/$2,158 sq ft. Furnished; Sold Date: 03/08/2024. Ask Price: $1.495M (Original Price: $1.495M and on the market since 12/23/2023.) This is a 2010 built and 2018 remodeled, 1 bedroom 1 bath, 681 sq ft condo with common car garage. Tim’s comments: Spacious 681 sq. ft. residence, 130 sq. ft. larger than standard one-bedroom units, providing enhanced comfort. Stunning down-valley views of Brush Creek, unaffected by future development due to north-side location. Assay Lodge offers full-service hotel amenities including a newly renovated lounge and lobby bar, Toro and Nest restaurant dining, front desk, spa, ski valet, ski-in/ski-out access, valet parking, and more. 2023 Taxes: $4,383; HOA Dues: $19,692. Under Contract Date: 01/18/2024; Sold Date: 03/08/2024 (Photos courtesy of Slifer Smith & Frampton RFV)
MLS # 182189 – Woodbridge Condominiums, Snowmass Village, 35 Upper Woodbridge Road 1CD, Snowmass Village, CO; Sold Price: $1.2M/$1,315 sq ft. Sold Date: 03/07/2024. More details below photos.
MLS # 182189 – Woodbridge condos, Snowmass Village, 35 Upper Woodbridge Road 1CD, Snowmass Village, CO; Sold Price: $1.2M/$1,315 sq ft. Sold Date: 03/07/2024. Ask Price: $1.25M (Original Price: $1.25M and on the market since 01/10/2024.) This is a 1973 built and 1999 remodeled, 2 bedroom 2 bath, 912 sq ft condo with common car garage. Tim’s comments: Original condition unit is ripe for customization of this top-story loft with vaulted ceilings providing an open and airy environment. Lots of natural light with stunning mountain views. Just a short walk to Snowmass Mountain ski slopes. 2023 Taxes: $1,705; HOA Dues: $13,865. Under Contract Date: 01/16/2024; Sold Date: 03/07/2024 (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 182046 – Assay Hill Lodge Condo Hotel, Snowmass Village, 130 Wood Road 426, Snowmass Village, CO; Sold Price: $725,000/$1,868 sq ft. Furnished; Sold Date: 02/28/2024. More details below photos.
MLS # 182046 – Assay Hill Lodge, Snowmass Village, 130 Wood Road 426, Snowmass Village, CO; Sold Price: $725,000/$1,868 sq ft. Furnished; Sold Date: 02/28/2024. Ask Price: $750,000 (Original Price: $960,000 and on the market since 12/22/2023.) This is a 2010 built, 1 bath, 388 sq ft condo with common car garage. Tim’s comments: Experience luxury living at Viceroy Snowmass in this rare studio residence with vaulted ceilings, abundant natural light, and mountain views. Residence 426 offers a king bed, full bath, and kitchenette with new induction cooktop, convection microwave, Sub Zero mini fridge, sink, and espresso setup. Automated window shades reveal stunning views of Assay Hill and the valley. Just one floor from ski valet and slopes access. Owners enjoy full hotel services including lounge, lobby bar, Toro and Nest dining, spa, ski valet, ski-in/ski-out access, valet, and more. 2022 Taxes: $2,033; HOA Dues: $10,471. Under Contract Date: 02/19/2024; Sold Date: 02/28/2024 (Photos courtesy of Slifer Smith & Frampton RFV)
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