Aspen Real Estate Market Last Week’s Sales: May 26 – June 2, 24 – Week 22
Closed (7): MLS#s: 182871, 181676, 181827, 183179, 183322, 182276, 182445. This link is valid until 7/2/2024.
Under Contract/Pending (3): MLS#s: 183051, 179672, 183703. This link is valid until 7/2/2024.
The Estin Report: The May 2024 Aspen Snowmass Village market snapshot will be released early this week 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 # 182871 – Townsite of Aspen, West End, 407 N Third Street, Aspen, CO; Sold Price: $18M/$5,134 sq ft. Sold Date: 05/31/2024. More details below photos.
MLS # 182871 – Townsite of Aspen, West End, 407 N Third Street, Aspen, CO; Sold Price: $18M/$5,134 sq ft. Sold Date: 05/31/2024. Ask Price: $18.9M (Original Price: $18.9M and on the market since 03/13/2024.) This is a 1966 built and 2013 remodeled, 7 bedroom 5 bath/ 1 half-bath, 3,506 sq ft single-family home on a 12,000 sq ft lot, or 0.28 acre. Tim’s comments: Demolition permit has been secured for this property in Aspen’s historic West End on 3rd St. (At present, only 6 City of Aspen demo permits are issued per year in a lottery system held Jan 1st. See recent article for recent Demo Permits status). This unique, over-sized 12,000 sq. ft. corner lot in Aspen’s most prized West End residential neighborhood includes a 7-bdrm/5.5-ba house. (See land planner’s analysis). It is 4 walkable blocks to the Hotel Jerome with easy access to the free Crosstown Bus Shuttle to the downtown core, Aspen Mountain and the Aspen Music Tent and Institute. It is presumed based on media reports the buyers are longtime Aspen residents who own an organic farm in Colorado and had previously sold a pharmacist benefits company in 2004. They were the sellers of 210 S West End for $48M on 4/29/24, See transaction details. 2023 Taxes: $20,101. Under Contract Date: 03/29/2024; Sold Date: 05/31/2024. (Photos courtesy of Christie’s International Real Estate Aspen)
MLS # 181676 – Gant Condominiums, Central Core, 610 S West End Street H-401, Aspen, CO; Sold Price: $4M/$4,145 sq ft. Furnished; Sold Date: 05/28/2024. More details below photos.
MLS # 181676 – Gant, Central Core, 610 S West End Street H-401, Aspen, CO; Sold Price: $4M/$4,145 sq ft. Furnished; Sold Date: 05/28/2024. Ask Price: $4.3M (Original Price: $4.3M and on the market since 11/13/2023.) This is a 1972 built, 2 bedroom 2 bath, 965 sq ft condo with common car garage. Tim’s comments: Experience stunning Aspen Mountain views from this modern two-bedroom, two-bathroom top floor condo. Recently updated with new fixtures, carpeting, paint, furnishings, and bedding, it boasts vaulted ceilings and sophisticated finishes. Located in the desirable H building with a Premier Rating, it has a strong rental history year-round. (See Gant map.) The Gant complex, one of three full service/amenity complexes in all of Aspen, offers extensive amenities including front desk, concierge, transportation, two pools, three hot tubs, five tennis courts, and a fitness center. I sold the record Gant K204 condo sale, which to date is $4.65M/$4,350 sq ft on Jan 10, 2024. 2022 Taxes: $5,218; HOA Dues: $31,734. Under Contract Date: 05/03/2024; Sold Date: 05/28/2024. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS # 181827 – Aspen Townhouse by River, Central Core, 1050 Waters Avenue 9, Aspen, CO; Sold Price: $2.625M/$2,837 sq ft. Sold Date: 05/31/2024. More details below photos.
MLS # 181827 – Aspen Townhouse by River, Central Core, 1050 Waters Avenue 9, Aspen, CO; Sold Price: $2.625M/$2,837 sq ft. Sold Date: 05/31/2024. Ask Price: $3.4M (Original Price: $3.4M and on the market since 11/29/2023.) This is a 1972 built, 2 bedroom 1 bath, 925 sq ft condo. Tim’s comments: Unbelievable river presence! This is a two-level, corner unit with the river almost literally coming into the living area. It is light-filled with high ceilings and tall windows, offering a warm, open vibe. It is just walkable to the Aspen core and Aspen Mountain Gondola. One dedicated parking area is included and ample storage. 2024 Taxes: $5,392; HOA Dues: $4,864. Under Contract Date: 05/14/2024; Sold Date: 05/31/2024. (Photos courtesy of Engel & Völkers)
MLS # 183179 – Fifth Ave Condominiums, Central Core, 800 S Mill Street 1A, Aspen, CO; Sold Price: $2.62M/$3,603 sq ft. Unfurnished; Sold Date: 05/28/2024. More details below photos.
MLS # 183179 – Fifth Ave Condo, Central Core, 800 S Mill Street 1A, Aspen, CO; Sold Price: $2.62M/$3,603 sq ft. Unfurnished; Sold Date: 05/28/2024. Ask Price: $2.78M (Original Price: $2.78M and on the market since 04/08/2024.) This is a 1965 built and 2016 remodeled, 2 bedroom 2 bath, 727 sq ft condo. Tim’s comments: This ground-level Fifth Avenue Condominium offers a timeless design in Aspen’s Short Term Rental zone. Located near Aspen Mountain with a private entrance off Summit Street, it’s a quiet retreat just a block from the slopes and downtown core. Complex amenities include a heated pool and hot tub year-round. Remodeled in 2016, it features Carrara marble and white oak floors throughout. With ski storage and off-street parking, it’s a turn-key rental. See rental pro forma. 2023 Taxes: $4,829; HOA Dues: $17,200. Under Contract Date: 04/12/2024; Sold Date: 05/28/2024. (Photos courtesy of Aspen Inside)
MLS # 183322 – Aspen Square Condominiums, Central Core, 617 E Cooper Avenue 302, Aspen, CO; Sold Price: $1.7M/$3,427 sq ft. Furnished; Sold Date: 05/28/2024. More details below photos.
MLS # 183322 – Aspen Square, Central Core, 617 E Cooper Avenue 302, Aspen, CO; Sold Price: $1.7M/$3,427 sq ft. Furnished; Sold Date: 05/28/2024. Ask Price: $1.7M (Original Price: $1.7M and on the market since 04/17/2024.) This is a 1969 built, 1 bath/ 1 half-bath, 496 sq ft condo with common car garage. Tim’s comments: This centre-de-ville studio condominium offers unrivaled access to downtown Aspen living and is steps to the Silver Queen Aspen Mountain Gondola. Enjoy vibrant downtown life with top-notch dining, shopping, and cultural attractions. Whether skiing or indulging in après-ski, it’s the ultimate full service sophisticated retreat in the heart of Aspen. 2023 Taxes: $3,271; HOA Dues: $22,027. Under Contract Date: 04/22/2024; Sold Date: 05/28/2024. (Photos courtesy of Setterfield & Bright)
MLS # 182276 – Herron Condominiums, West End, 333 W Main Street 1A, Aspen, CO; Sold Price: $1.7M/$2,759 sq ft. Furnished; Sold Date: 05/28/2024. More details below photos.
MLS # 182276 – Herron, West End, 333 W Main Street 1A, Aspen, CO; Sold Price: $1.7M/$2,759 sq ft. Furnished; Sold Date: 05/28/2024. Ask Price: $1.75M (Original Price: $1.995M and on the market since 01/21/2024.) This is a 1890 built and 2020 remodeled, 1 bedroom 1 bath, 616 sq ft condo. Tim’s comments: Aspen’s stylish and luxurious one-bedroom retreat with a vibe reminiscent of the Hotel Jerome. Designed by award-winning firm Seldom Scene Interiors, this visually stunning residence blends Victorian charm with modern design. It is within walking distance to downtown and is a prospect for short-term or long-term rental opportunities. 2022 Taxes: $2,225; HOA Dues: $9,840. Under Contract Date: 05/05/2024; Sold Date: 05/28/2024. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS # 182445 – Assay Hill Lodge Hotel Condo, Snowmass Village, 130 Wood Road 601, Snowmass Village, CO; Sold Price: $6.35M/$2,906 sq ft. Unfurnished; Sold Date: 05/31/2024. More details below photos.
MLS # 182445 – Assay Hill Lodge, Snowmass Village, 130 Wood Road 601, Snowmass Village, CO; Sold Price: $6.35M/$2,906 sq ft. Unfurnished; Sold Date: 05/31/2024. Ask Price: $6.5M (Original Price: $6.5M and on the market since 02/05/2024.) This is a 2010 built and 2016 remodeled, 3 bedroom 3 bath, 2,185 sq ft condo. Tim’s comments: Rare penthouse hotel condo at Assay Hill Lodge in Snowmass Village, featuring 3 bedrooms, 3 bathrooms, and 2 private outdoor balconies with 180-degree views. The unit features premium Bosch appliances in the full kitchen, along with ski valet, ski-in/ski-out access, valet parking, and access to hotel amenities including a spa, fitness center, pool, and restaurant. HOA dues cover utilities, transportation, parking, and owner storage. Fully furnished and steps away from Base Village Plaza with shopping, dining, and cultural events. 2021 Taxes: $19,400; HOA Dues: $52,386. Under Contract Date: 04/04/2024; Sold Date: 05/31/2024. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)
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