The Estin Report: Sep 2015 Aspen Snowmass Market Snapshot was posted 10/04/15 inCurrent Reports. The Snapshots are released on or near the 1st Monday of the month.

See recent Before/After redevelopment‘flip job’ examplesin Miscellaneous Info at the bottom of the Menu Bar on the left. These are properties that have been recently or are currently being redeveloped for re-sale. This post is updated (08/24/15) as additional re-sale properties come on the market at significantly higher prices.

Last week’s Aspen and Snowmass sales activity appears below. Scroll down the page for photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to search the blog archives by year and date to 2008. Or useSearchEstinAspenin the menu bar to search by topic, address, subdivision, complex, date, etc. If it’s about Aspen, the information should be here.

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Market Activity Week 39, September 27 – October 4, 2015

Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity.

Closed (12):MLS#’s:137747, 133200, 133639, 137938, 139399, 139628, 140157, 140250, 140412, 140654, 141049, 141161. This link is valid until 11/03/2015.

Under Contract/Pending (8):MLS#’s:130799, 134647, 136307, 136989, 137941, 138157, 139294, 140256. This link is valid until11/03/2015.

Aspen Snowmass Solds Last Week:

MLS #137747 – Fox Crossing, Smuggler, 537 Race Street, Aspen, CO. Sold Price: $6,200,000/$1,090 sq ft; unfurnished. More details below photos.

MLS #137747 – Fox Crossing, Smuggler, 537 Race Street, Aspen, CO. Sold Price: $6,200,000/$1,090 sq ft; unfurnished. Asking Price: $6,650,000. (Original Price: $7,150,000 and 223 days on the market since 02/19/2015.) This is a 2008 built and 2014 remodeled, 7 bedroom/6 bath/1 half-bath, 5,685 sq ft Single Family Home with 2 car garage on a 6,008 sq ft lot. It is difficult to find a home with this many bedrooms within walking distance to town. Broker comments are “This 7 bedroom, bathroom, Mountain Contemporary home designed by acclaimed architect Charles Cunniffe features Aspen Mountain and Sopris Views, while close enough to the City core to walk or bike. Warm comfortable contemporary finishes with all the touches you would expect like walnut floors,granite, marble and stone finishes, Chefs Kitchen with top of the line appliances, central A/C. Home features Open floorplan with 3 above grade bedrooms and large den/media room. This is the large family home you have been waiting for. Sold furnished and turn key with exquisite and custom furniture for $7,150,000” 2014 Taxes: $12,618; HOA Dues: $1,225 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/17/2015; Sold Date: 09/30/2015. (Photos and broker comments courtesy of Portfolio Aspen Properties)

MLS #133200 – West Aspen Half Duplex, 1397 Snowbunny Lane, Aspen, CO. Sold Price: $3,900,000/$823 sq ft; unfurnished. More details below photos.

MLS #133200 – West Aspen Half Duplex, 1397 Snowbunny Lane, Aspen, CO. Sold Price: $3,900,000/$823 sq ft; unfurnished. Asking Price: $4,249,000. (Original Price: $4,249,000 and 575 days on the market since 03/05/2014.) This is a 2007 built, 5 bedroom/5 bath/2 half-bath, 4,737 sq ft Duplex/Half Duplex with 2 car garage on a 10,500 sq ft lot. Broker comments are “Luxury Duplex with all the high end features. Great mountain views from upper level living area and covered deck. Front and rear patios. Five interior and one exterior stone fireplaces. Lower level living area with Wet Bar and Glassed Wine Room. Dumb Waiter from main level to Kitchen and Wet Bar. Wet Bar has Dishwasher, Frig and Ice Maker. Front Driveway is Snowmelt to the street. 24 Notice to Show.” 2013 Taxes: $9,211. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/25/2015; Sold Date: 10/01/2015. (Photos and broker comments courtesy of Furth Realty Group, LLC)

MLS #140157 – Aspen West Condo, Central Core, 104 W Cooper Avenue 1, Aspen, CO. Sold Price: $2,700,000/$1,882 sq ft; furnished. More details below photos.

MLS #140157 – Aspen West Condo, Central Core, 104 W Cooper Avenue 1, Aspen, CO. Sold Price: $2,700,000/$1,882 sq ft; furnished. Asking Price: $2,850,000. (Original Price: $2,850,000 and 65 days on the market since 07/19/2015.) This is a 1972 built and 2010 remodeled, 2 bedroom/2 bath, 1,434 sq ft,corner 2nd floor unit facing east and south, Condo. Broker comments are: “A+++ location and upscale building of only 6 units. Price/square foot for this building is setting records–because it is worth it! Quiet and overlooking beautiful Koch Park yet only a 2 block walk from the Central Core. Expansive open, light-filled living area with views up to Aspen Mountain and lush green trees. In the winter, this becomes a majestic snow scene. Lovely building exterior remodel. Upscale interior remodel with top-of-the-line kitchen. 2 bedrooms plus office area. 2 assigned parking spaces!!!! Covered balcony for year around enjoyment. Extra storage locker. Hardwood floors. LOW HOA FEES! Nicely landscaped. Upscale furnishings convey with the property– turn key.” 2014 Taxes: $5,409; HOA Dues: $3,388 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/10/2015; Sold Date: 09/22/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #139399 – Gant, Central Core, 610 S West End Street E403, Aspen, CO. Sold Price: $1,452,500/$1,467 sq ft; furnished. More details below photos.

MLS #139399 – Gant, Central Core, 610 S West End Street E403, Aspen, CO. Sold Price: $1,452,500/$1,467 sq ft; furnished. Asking Price: $1,495,000. (Original Price: $1,545,000 and 603 days on the market since 11/22/2013.) This is a 1972 built and 2012 remodeled, 2 bedroom/2 bath, 990 sq ft Condo. Broker comments are “Fantastic 2 bedroom 2 bath top floor condo at the Gant. This Premier rated unit on the top floor has excellent views of Aspen Mountain and the gondola. The vaulted ceiling in the living rooms creates an inviting space to relax. Enjoy the wood burning fireplace and great winter sunsets during ski season. In the summer, there is no better place to be than at The Gant! Enjoy the wonderful landscaped grounds with pools, hot tubs, grill areas, fire pits, and tennis courts. Sold furnished and was recently remodeled in 2012. Great location just a short walk to the Aspen Club, local trails and the Gondola. Convenient shuttle service to the airport and around town. Onsite management and concierge. The best available!” 2014 Taxes: $3,546; HOA Dues: $24,827 per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/22/2015; Sold Date: 09/30/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #137938 – Fasching Haus, Central Core, 747 S Galena Street 250, Aspen, CO. Sold Price: $1,450,000/$1,258 sq ft; furnished. More details below photos.

MLS #137938 – Fasching Haus, Central Core, 747 S Galena Street 250, Aspen, CO. Sold Price: $1,450,000/$1,258 sq ft; furnished. Asking Price: $1,495,000. (Original Price: $1,495,000 and 219 days on the market since 02/23/2015.) This is a 2 bedroom/3 bath, 1,152 sq ft Condo. Broker comments are “This handsome condominium was refinished with a dapper sort of sophistication. Dressed to impress friends, family and travelers, alike. Entrances on both sides of the building allow for convenient access to street or pool.” 2014 Taxes: $2,851; HOA Dues: $4,013 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/05/2015; Sold Date: 09/30/2015. (Photos and broker comments courtesy of Aspen Snowmass Properties|BJ Adams and Company – Aspen)

MLS #139628 – Gant, Central Core, 610 S West End Street D-206, Aspen, CO. Sold Price: $1,250,000/$1,201 sq ft; furnished. More details below photos.

MLS #139628 – Gant, Central Core, 610 S West End Street D-206, Aspen, CO. Sold Price: $1,250,000/$1,201 sq ft; furnished. Asking Price: $1,330,000. (Original Price: $1,330,000 and 551 days on the market since 02/28/2014.) This is a 1972 built and 2015 remodeled, 2 bedroom/2 bath, 1,040 sq ft Condo. Broker comments are “Updated Corner 2 bed 2 bath Gant unit. 1040 sq ft is the largest 2 bed floorplan at the Gant. Views of Gondola and Aspen Mountain. Balcony looks over seasonal stream. Extra window in living room and extra balcony off master bedroom. Unit has strong rental income. Ownership includes access to all the amenities that the Gant offers including 2 pools, 3 hot tubs, tennis courts, fitness room, concierge with café, full-service bar, rooftop deck , on call shuttle service, clubhouse/conference room and just a short walk to downtown. A must see! Own a beautiful home in Aspen and let the Gant take care of all the details!” 2014 Taxes: $3,571; HOA Dues: $6,300 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/29/2015; Sold Date: 09/30/2015. (Photos and broker comments courtesy of Portfolio Aspen Properties)

MLS #140654 – Chateau Roaring Fork, Central Core, 1039 E Cooper Avenue 41-B, Aspen, CO. Sold Price: $1,100,000/$1,145 sq ft; furnished. More details below photo.

MLS #140654 – Chateau Roaring Fork, Central Core, 1039 E Cooper Avenue 41-B, Aspen, CO. Sold Price: $1,100,000/$1,145 sq ft; furnished. Asking Price: $1,135,000. (Original Price: $1,135,000 and 766 days on the market since 09/20/2012.) This is a 1969 built and 2006 remodeled, 2 bedroom/2 bath, 960 sq ft condo. This unit is not on the river. Broker comments are “Fantastic views of Aspen Mountain with a wrap around deck, this 2 bedroom corner unit was remodeled in 2006 and has a great floor plan flooded with sunlight and nice finishes. The unit offers extra large owners closet. The complex offers on site parking, outdoor pool and spa, a conference center, and easy access to skiing via town shuttles. Owners are allowed 1 pet (either 1 dog or 1 cat). See docs for disclosures.” 2014 Taxes: $2,137; HOA Dues: $2,768 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/28/2015; Sold Date: 09/28/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #141049 – Smuggler Park Mobile Home, Smuggler, 121 Maple Lane, Aspen, CO. Sold Price: $575,000/$391 sq ft; unfurnished. More details below photos.

MLS #141049 – Smuggler Park Mobile Home, Smuggler, 121 Maple Lane, Aspen, CO. Sold Price: $575,000/$391 sq ft; unfurnished. Asking Price: $575,000. (Original Price: $575,000 and 16 days on the market since 09/14/2015.) This is a 1986 built, 4 bedroom/2 bath, 1,470 sq ft Mobile Home/Modular on a 2,726 sq ft lot. Broker comments are “Listed with Contract for Sale. Nice home on Maple Lane in the Aspen School District. Low HOA dues now include Comcast Internet. Buyer must be pre-aproved by APCHA. Property must be purchased as buyer’s primary residence.” 2014 Taxes: $1,344; HOA Dues: $175 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/18/2015; Sold Date: 09/30/2015. (Photos and broker comments courtesy of Lightfoot Real Estate)

No Photo in MLS for this Mountain River Manor, Central Core Condo,900 E Hopkins #10, Aspen, CO. Sold Price: $450,000/$1,165 sq ft; unfurnished.

MLS #141161 – Mountain River Manor, Central Core, 900 E Hopkins #10, Aspen, CO. Sold Price: $450,000/$1,165 sq ft; unfurnished. Asking Price: $450,000. (Original Price: $450,000 and on the market since 09/30/2015.) This is a 1972 built, 1 bedroom/1 bath, 386 sq ft Condo. Broker comments are “Sold before MLS” 2014 Taxes: $864; HOA Dues: per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/30/2015; Sold Date: 09/30/2015. (Photos and broker comments courtesy of Furth Realty Group, LLC)

MLS #140412 – Gateway To Snowmass, Old Snowmass, 266 Light Hill Road, Snowmass Village, CO: Sold Price: $775,000/$384 sq ft; unfurnished. More details below photos.

MLS #140412 – Gateway To Snowmass, Old Snowmass, 266 Light Hill Road, Snowmass Village, CO: Sold Price: $775,000/$384 sq ft; unfurnished. Asking Price: $799,000. (Original Price: $799,000 and 60 days on the market since 07/30/2015.) This is a 1983 built, 4 bedroom/2 bath, 2,016 sq ft Single Family Home with 2 car garage on a 43,560 sq ft lot. Broker comments are “Incredible and a unique home, spacious rooms, soaring ceilings and an awesome view overlooking Snowmass/Capitol Creek Valley. Private 1 acre lot with plenty of sun and tranquility. Four bedrooms,the master suite has a private bath and located away from the other three bedrooms for complete privacy. Open floor plan makes entertaining easy. Enjoy relaxing and the view from your new decks and your private hot tub.The exterior has been recently painted and a newer roof complete this great opportunity. The home also features a 2 car garage” 2015 Taxes: $3,625; HOA Dues: $+-115 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/31/2015; Sold Date: 09/28/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #133639 – Horse Ranch, Snowmass Village, 1117 Horse Ranch Drive, Snowmass Village, CO: Sold Price: $2,750,000/$521 sq ft; furnished. More details below photos.

MLS #133639 – Horse Ranch, Snowmass Village, 1117 Horse Ranch Drive, Snowmass Village, CO: Sold Price: $2,750,000/$521 sq ft; furnished. Asking Price: $2,895,000. (Original Price: $3,000,000 and 545 days on the market since 04/04/2014.) This is a 1993 built, 4 bedroom/4 bath/1 half-bath, 5,269 sq ft Single Family Home with 2 car garage on a 46,535 sq ft lot. Broker comments are “Your New ”Home Sweet Home”, On the Sunny Side of Snowmass. Looking for Value? Look no Farther! This truly is a must see!” 2014 Taxes: $10,838; HOA Dues: $195 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/25/2015; Sold Date: 10/01/2015. (Photos and broker comments courtesy of Jody Mack)

MLS #140250 – Ridge Run, Snowmass Village, 399 Maple Ridge Lane, Snowmass Village, CO: Sold Price: $2,380,000/$605 sq ft. More details below photos.

MLS #140250 – Ridge Run, Snowmass Village, 399 Maple Ridge Lane, Snowmass Village, CO: Sold Price: $2,380,000/$605 sq ft. Asking Price: $2,595,000. (Original Price: $2,595,000 and 631 days on the market since 09/07/2013.) This is a 2002 built and 2006 remodeled, 4 bedroom/4 bath/2 half-bath, 3,931 sq ft Single Family Home with 2 car garage on a 31,851 sq ft lot. Broker comments are “Nicely updated, 4-Bedroom, 4-Bathroom home with over 3,900 square feet on two levels and private outdoor living spaces. This home was completely remodeled in 2006 and features an excellent kitchen for entertaining and a main level living area as well as a large family/entertainment room on the lower level which features outside access a full wet bar complete with a wine fridge, ice maker and dishwasher and enclosed wine cellar. Master suite includes main deck with outside access and private sitting deck off of the bath. Two of the downstairs bedrooms have walkout access to the rear patio and large baths. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.” 2014 Taxes: $10,158; HOA Dues: $90 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/05/2015; Sold Date: 09/24/2015. (Photos and broker comments courtesy of Stirling Peak Properties, LLC)

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Disclaimer: The statements made in The Estin Report and on Aspen broker Tim Estin’s blog represent the opinions of the author and should not be relied upon exclusively to make real estate decisions. A potential buyer and/or seller is advised to make an independent investigation of the market and of each property before deciding to purchase or to sell. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable, however, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. Information concerning particular real estate opportunities can be requested from Tim Estin at970.309.6163or byemail.The Estin Report is copyrighted 2015 and all rights reserved. Use is permitted subject to the following attribution with a live link to the source:“The Estin Reporton Aspen Real Estate.”

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