Aspen Real Estate Market  Last Week’s Sales: Mar 3 – 10, 19 – Week 9

Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (12) + Under Contract / Pending (18).

The Feb 2019 Aspen Snowmass Village Real Estate Market Report Snapshot is posted in Current Reports.  The Monthly Snapshots are posted on or near the 1st Mon. of every month.

The updated Pace of Sales Charts Q1 2007 through Q4 2018 were posted in Charts on Jan 2, 19. These answer the question “Where are we now compared to prior periods?” and indicate market direction with trend lines.

Just Released Bi-Annual – Estin Report: Aspen Snowmass Real Estate Market 2019 Winter Spring

Blog Post: Mar 3 – 10, 2019 Aspen CO real estate market activity, Week 9

Weekly Aspen and Snowmass CO real estate sales activity appears below for sold and under contracts properties in the upper Roaring Fork Valley over $250,000 – for Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass. Fractional sales are not included. Photos and written descriptions of sold properties are posted here as the MLS links below expire after 30 days. For earlier dates, see the Estin Report blog archives starting in 2008 at the bottom of the page. Or use SearchEstinAspen in the menu bar to search by topic, address, subdivision, complex, date, etc.  If it’s about Aspen real estate, the information should be here.

Closed (12):  MLS#s: 149900, 150778, 151773, 152213, 152257, 152260, 154728, 157167, 157386, 157464, 157632, 157739. This link is valid until 4/9/2019.

Under Contract/Pending (18): MLS#s: 141834, 140305, 148687, 149732, 150650, 151566, 152174, 152399, 152439, 152662, 152663, 153354, 154127, 154601, 155027, 156979, 157689, 158100. This link is valid until 4/9/2019.

Sold Properties Last Week:

MLS #157386 – Smuggler area, 688 Spruce Street, Aspen, CO: Sold Price: $6,100,000/$1,283 sq ft; partially furnished. More details below photos.

MLS #157386 – Smuggler area, 688 Spruce Street, Aspen, CO: Sold Price: $6,100,000/$1,283 sq ft; partially furnished. Aspen homes for sale. Ask Price: $6,995,000. (Original Price: $6,995,000 and 65 days on the market since 12/30/2018.) This is a 1967 built, 5 bedroom/4 bath/1 half-bath, 4,752 sq ft single family home with 2 car garage on a 52,272 sq ft lot. Sold as a redevelopment project. Broker comments are “Extremely rare 1.2-acre property with spectacular views located within walking distance to downtown shops, restaurants, and entertainment. The property features an expansive flat lawn, south-facing all day sunshine, and mountain views framed by mature Aspen groves. Quiet area of town on a not-thru street, creating additional privacy. Direct access to Hunter Creek trails hiking and biking. Existing 4,752 sq ft, 5 bed, 4 ½ bath home can be quickly remodeled, or buyer can benefit from rental income while exploring designs for a new home or subdividing the lot. Winning combination of location, large lot, and views. Endless possibilities for a one of a kind property.” 2017 taxes: $7,745. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/17/2019; Sold Date: 03/05/2019. (Photos and broker comments courtesy of ITR Real Estate)

MLS #149900 – Starwood, McLain Flats, 215 N Starwood Drive, Aspen, CO: Sold Price: $6,000,000/$719 sq ft; furnished. More details below photos.

MLS #149900 – Starwood, McLain Flats, 215 N Starwood Drive, Aspen, CO: Sold Price: $6,000,000/$719 sq ft; furnished. Aspen homes for sale. Ask Price: $6,500,000. (Original Price: $7,250,000 and 2,429 days on the market since 06/17/2010.) This is a 1994 built and 2013 remodeled, 6 bedroom/6 bath/2 half-bath, 8,338 sq ft single family home with 2 car garage on a 3.26 sq ft lot. Broker comments are “Experience endless views from this 3+ acre lot located in the highly exclusive Starwood subdivision. Open and spacious, this home is perfect for entertaining indoors or in the open air. Included in the 8,338 square feet of living space are 6 bedrooms, 6 full baths, 2 half baths, main-level Master, wine room, media room, gourmet kitchen, exercise room, separate caretaker unit and spacious 2 car garage. All lower level bedrooms enjoy plenty of light and are directly walk out.” 2017 taxes: $23,628. Under Contract Date: 01/12/2019; Sold Date: 03/07/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Durant)

MLS #157632 – Merry Condos, West Aspen, 950 Cemetery Lane #2, Aspen, CO: Half-duplex for sale; Sold Price: $2,471,209/$1,008 sq ft; partially furnished. More details below photos.

MLS #157632 – Merry Condos, West Aspen, 950 Cemetery Lane #2, Aspen, CO: Sold Price: $2,471,209/$1,008 sq ft; partially furnished. Aspen half-duplex for sale. Ask Price: $2,595,000. (Original Price: $2,595,000 and 43 days on the market since 01/21/2019.) This is a 1975 built and 2007 remodeled, 3 bedroom/3 bath/1 half-bath/1 den, 2,451 sq ft duplex/half-duplex on a 14,386 sq ft lot. Broker comments are “Amazing opportunity to own the perfect Aspen abode! Recently updated and impeccably maintained, this home is move-in ready. The sun soaked living room boasts views from Aspen Mt to Buttermilk. There is an oversized main floor deck and a large backyard with a hot tub. Perfect for a family or rental. Close to golf and all four ski areas. A rare opportunity in the under $3M price range for a real home.” 2019 taxes: $5,526. Under Contract Date: 01/29/2019; Sold Date: 03/05/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #154728 – Fifth Ave Condominiums, Central Core, 800 S Mill Street 307, Aspen, CO: Sold Price: $2,450,000/$2,072 sq ft; furnished. More details below photos.

MLS #154728 – Fifth Ave Condo, Central Core, 800 S Mill Street 307, Aspen, CO: Sold Price: $2,450,000/$2,072 sq ft; furnished. Aspen condos for sale. Ask Price: $2,595,000. (Original Price: $2,595,000 and 263 days on the market since 06/18/2018.) This is a 1965 built and 2018 remodeled, 2 bedroom/3 bath/1 loft, 1,182 sq ft condo. Broker comments are “Newly remodeled condo inside and out. The interior is under construction, slated for completion Fall 2018. The exterior to include a newly remodeled pool is done. 2bd/3ba plus loft. 1,182sf. Sleeps 6. Top floor. South facing. 30′ vaulted ceiling views of Aspen Mountain. 2 private entrances. 2 balconies. High-end Bosch kitchen appliances. Ski locker. Ski-in/ski-out. Wood-burning fireplace. Generous storage. Custom high-end cabinetry in kitchen and baths. Designed to maximize rental income. Property is being offered with 2 e-bikes ($5000 combined value) and 1 year of Frias Property Managements Concierge Service (valued at $3000.)” 2017 taxes: $2,840; HOA Dues: $3,377 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/06/2018; Sold Date: 03/08/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #157464 – Melton Ranch Subdivision, 466 Sinclair Road, Snowmass Village, CO: Sold Price: $1,350,000/$810 sq ft; partially furnished. More details below photos.

MLS #157464 – Melton Ranch Subdivision, 466 Sinclair Road, Snowmass Village, CO: Sold Price: $1,350,000/$810 sq ft; partially furnished. Snowmass Village homes for sale. Ask Price: $1,395,000. (Original Price: $1,395,000 and 53 days on the market since 01/10/2019.) This is a 1977 built and 1997 remodeled, 2 bedrooom/1 bath/1 half-bath/1 loft, 1,666 sq ft single family home on a 28,698 sq ft lot. Tim’s note: “This is a charming older home, livable as is, or ripe for remodel or teardown. Sold at lot value.” Broker comments are “Amazing opportunity to own a single family home in Aspen School District with views of all four mountains. Darling two bedroom plus large loft with two sleeping areas. This home delivers easy access to Snowmass Village via free shuttle service. Open concept living on the main floor including wood burning fireplace and incredible views of ski runs on all four mountains. Two decks off of main and lower levels. Upper level is great for office and guests. Expand current home up to 3,900 feet with 3-car garage.” 2018 taxes: $3,874; HOA Dues: $90. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/16/2019; Sold Date: 03/04/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)

MLS #152213 – Assay Hill Lodge – Viceroy Hotel Condos, 130 Wood Road 732, Snowmass Village, CO: Sold Price: $1,960,000/$1,192 sq ft; furnished. More details below photos.

MLS #152213 – Assay Hill Lodge – Viceroy Hotel Condos,, 130 Wood Road 732, Snowmass Village, CO: Sold Price: $1,960,000/$1,192 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $1,960,000. (Original Price: $1,960,000 and 387 days on the market since 01/12/2018.) This is a 2009 built, 3 bedrooom/3 bath, 1,643 sq ft condo. Broker comments are “This elegant, sun-drenched residence features ski hill views, premium appliances, cozy fireplaces, private outdoor spaces, and exclusive access to the finest amenities and personal services available in Snowmass. Amenities include ski valet, valet parking, full service spa, fitness center, pool, bike storage, on-site restaurant and cafe. Utilities, transportation, parking, and owner storage are fully included in carry costs. This stylish residence comes fully furnished, and the cost of the upcoming soft goods refresh is included in the list price. This property is located in a world class ski-in, ski-out resort community, steps away from the new Snowmass Base Village Plaza which features countless activities and dining options.” 2018 taxes: $12,327; HOA Dues: $43,064 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/12/2019; Sold Date: 03/01/2019. (Photos and broker comments courtesy of SV Real Estate)

MLS #151773 – Snowmass Villas, 4000 Brush Creek Road 18, Snowmass Village, CO: Sold Price: $1,200,000/$758 sq ft; furnished. More details below photos.

MLS #151773 – Snowmass Villas, 4000 Brush Creek Road 18, Snowmass Village, CO: Sold Price: $1,200,000/$758 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $1,230,000. (Original Price: $1,280,000 and 439 days on the market since 11/28/2017.) This is a 1968 built and 2006 remodeled, 3 bedrooom/3 bath, 1,662 sq ft condo with 1 car garage. Broker comments are “This is one of the largest, nicest & best located townhomes in the newly remodeled Snowmass Villas complex. The contemporary design incorporates soaring ceilings and numerous floor-to-ceiling windows that capture glorious views and flood this home with sunshine and light while still enjoying a private, wooded feeling from the towering spruce trees right outside your door. The updated pool area is a great place to relax after a day on the slopes or for summertime parties and it is easily accessible from this unit. Interior features include a custom Snadero kitchen, beautiful guest bedrooms/bathrooms, a fabulous den/sitting area (with Murphy Beds) and a sumptuous master suite with lots of light, a gorgeous bathroom and a huge walk-in closet. Special assessment has been paid by Seller.” 2016 taxes: $4,518; HOA Dues: $973 per Month. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/04/2019; Sold Date: 03/08/2019. (Photos and broker comments courtesy of Aspen Core Realty)

MLS #157167 – Capitol Peak Condominiums, 90 Carriage Way 3418, Snowmass Village, CO: Sold Price: $805,200/$910 sq ft; furnished. More details below photos.

MLS #157167 – Capitol Peak, 90 Carriage Way 3418, Snowmass Village, CO: Sold Price: $805,200/$910 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $845,000. (Original Price: $845,000 and 275 days on the market since 12/04/2017.) This is a 2008 built, 2 bedrooom/2 bath, 884 sq ft condo. Broker comments are “Stylish two bedroom, ski in/ski out with one of the best locations in the new Base Village. Views overlooking the new ice skating rink, gondola and ski slope. A short walk to the lifts, ski school, restaurants, shops and kids’ Treehouse. Two balconies to take in the views, central A/C, underground parking. Building has jacuzzis, work out area, large owner’s storage. This is one of few units in the Base Village that’s ADA compliant. Furnished and turn key. Rent or keep for own use. HOA fees include all utilities. Assessments include $12,066/year for the HOA, including capital reserve, and $3,172/year for the Base Village fees.” 2017 taxes: $5,273; HOA Dues: $15,238. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/16/2018; Sold Date: 03/04/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #152260 – Assay Hill Lodge, 130 Wood Road 737, Snowmass Village, CO: Sold Price: $502,500/$890 sq ft; furnished. More details below photos.

MLS #152260 – Assay Hill Lodge, 130 Wood Road 737, Snowmass Village, CO: Sold Price: $502,500/$890 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $502,500. (Original Price: $502,500 and 395 days on the market since 01/16/2018.) This is a 2009 built, 1 bedrooom/1 bath, 564 sq ft condo. Broker comments are “This elegant home features sweeping valley views, premium appliances, soaring ceilings, a cozy fireplace, private outdoor space, and exclusive access to the finest amenities and personal services available in Snowmass. Amenities include ski valet, valet parking, full service spa, fitness center, pool, bike storage, on-site restaurant and cafe. Utilities, transportation, parking, and owner storage are fully included in carry costs. This stylish residence comes fully furnished, and the cost of the upcoming soft goods refresh is included in the list price. This property is located in a world class ski-in, ski-out resort community, steps away from the new Snowmass Base Village Plaza which features countless activities and dining options.” 2018 taxes: $3,483; HOA Dues: $14,786 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/30/2019; Sold Date: 03/01/2019. (Photos and broker comments courtesy of SV Real Estate)

MLS #152257 – Assay Hill Lodge – Viceroy Hotel Condos,, 130 Wood Road 612, Snowmass Village, CO: Sold Price: $480,000/$700 sq ft; furnished. More details below photos.

MLS #152257 – Assay Hill Lodge, 130 Wood Road 612, Snowmass Village, CO: Sold Price: $480,000/$700 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $482,500. (Original Price: $482,500 and 396 days on the market since 01/15/2018.) This is a 2009 built, 1 bedrooom/1 bath, 685 sq ft condo. Broker comments are “Owning an exquisite Viceroy residence provides the luxuries of a resort hotel plus all the comforts of home. In an unsurpassed ski-in/ ski-out location in the new Snowmass Base Village, now coming to life with a $600 million transformation. The Viceroy is showcasing more than $4 million in renovations and expansions. These include the new Toro Latin Kitchen and Lounge, a redesigned main lobby with an ultramodern fireplace, Cafe V, a coffee bar featuring coffee specialties and pastries, and an expanded and enhanced fitness center. This summer, the pool area will be refreshed with two new spa pools and the re-opening of Nest.” 2018 taxes: $4,145; HOA Dues: $17,957 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/04/2018; Sold Date: 03/01/2019. (Photos and broker comments courtesy of SV Real Estate)

MLS #157739 – Assay Hill Lodge, 130 Wood Road 706, Snowmass Village, CO: Sold Price: $472,500/$859 sq ft; furnished. More details below photos.

MLS #157739 – Assay Hill Lodge, 130 Wood Road 706, Snowmass Village, CO: Sold Price: $472,500/$859 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $472,500. (Original Price: $472,500 and 30 days on the market since 01/30/2019.) This is a 2009 built, 1 bedrooom/1 bath, 550 sq ft condo. Broker comments are “This elegant home features sweeping valley views, premium appliances, a cozy fireplace, private outdoor space, and exclusive access to the finest amenities and personal services available in Snowmass. Amenities include ski valet, valet parking, full service spa, fitness center, pool, on-site restaurant and cafe, bike storage. Utilities, transportation, parking, and owner storage are fully included in carry costs. This stylish residence comes fully furnished, and the cost of the upcoming soft goods refresh is included in the list price. This property is located in a world class ski-in, ski-out resort community, steps away from the new Snowmass Base Village Plaza which features countless activities and dining options.” 2018 taxes: $3,463; HOA Dues: $10,000. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/30/2019; Sold Date: 03/01/2019. (Photos and broker comments courtesy of SV Real Estate)

MLS #150778 – Assay Hill Lodge – Viceroy Hotel Condos, 130 Wood Road 535, Snowmass Village, CO: Sold Price: $420,000/$721 sq ft; furnished. More details below photos.

MLS #150778 – Assay Hill Lodge, 130 Wood Road 535, Snowmass Village, CO: Sold Price: $420,000/$721 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $435,000. (Original Price: $475,000 and 560 days on the market since 08/16/2017.) This is a 2010 built, 1 bedrooom/1 bath, 582 sq ft condo. Broker comments are “Beautifully appointed residence offers unsurpassed luxury in Snowmass Village. This one bedroom condominium is ideally located and captures beautiful views of Brush Creek. The unparalleled amenities include in house restaurant, award winning wellness spa, year round access to outdoor heated pool and hot tubs, ski-in/out access, full service concierge, ski valet, car service, underground parking, ski rentals, and on site management. The property just underwent a $4 million renovation including new fitness facility, premiere high end Richard Sandoval Restaurant, and Cafe V espresso bar in the cozy and welcoming new lobby area. Great proven rental history. The net rental revenue to owner in 2018 was $38,668.21.” 2018 taxes: $3,443; HOA Dues: $14,319 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/22/2019; Sold Date: 03/08/2019. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-SMV)

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