Aspen Real Estate Market  Last Week’s Sales: Mar 17 – 24, 19 – Week 11

Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (7) + Under Contract / Pending (13).

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.

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

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.

Blog Post: Mar 17 – 24, 2019 Aspen CO real estate market activity, Week 11

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 (7):  MLS#s: 140305, 149833, 152065, 153354, 154377, 156971, 158216. This link is valid until 4/23/2019.

Under Contract/Pending (13): MLS#s: 150093, 150953, 152242, 152260, 152665, 152968, 153044, 154711, 155110, 156165, 157315, 157781, 157899. This link is valid until 4/23/2019.

Sold Properties Last Week:

MLS #154377 – Wood Run Sub, 90 Edgewood Lane, Snowmass Village, CO: Snowmass Ski in / Out Home; Sold Price: $8,650,000/$1,892 sq ft; furnished. More details below photos.

MLS #154377 – Wood Run, 90 Edgewood Lane, Snowmass Village, CO: Sold Price: $8,650,000/$1,892 sq ft; furnished. Snowmass Village ski homes for sale. Ask Price: $8,950,000. (Original Price: $8,950,000 and 291 days on the market since 06/02/2018. Another Edgewood sale at 215 Edgewood (steps from skiing) occurred on 3/14/19 at sold price $4,737,500/$1,254 sq ft unfurnished.) This is a 1997 built and 2002 remodeled, 4 bedroom/3 bath/1 half-bath, 4,570 sq ft single family ski in and ski out home with 2 car garage on a 39,868 sq ft lot. Broker comments are “Whether you are a beginner or the most extreme skier, enjoy the ease of this ski-in/out direct access on to Adam’s Ave ski trail. This home has an open floor plan, a master wing with high ceilings, numerous windows through out with slope side views and beyond as well as little out-coves where you can enjoy a nice book while listening to the sound of the babbling brook that runs through the property. End the day with either a nice dunk in the hot tub, have a quiet dinner or entertain friends on the large stone patio. Quality built with a natural stone exterior and a collecting pond from the snow run off; all the elements of good Feng Shui in an iconic mountain home where nature meets luxury.” 2018 taxes: $26,892; HOA Dues: $90 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/12/2019; Sold Date: 03/19/2019. (Photos and broker comments courtesy of Aspen Signature Properties)

MLS #153354 – Melanie Griffith and Antonio Banderas’ Home on the backside of Aspen Mountain, Castle Creek, West Aspen, 46 Lower Hurricane Road, Aspen, CO: Sold Price: $4,000,000/$541 sq ft; partially furnished. More details below photos.

MLS #153354 – Melanie Griffith and Antonio Banderas’ Aspen Mountain Home, Castle Creek, West Aspen, 46 Lower Hurricane Road, Aspen, CO: Sold Price: $4,000,000/$541 sq ft; partially furnished. Aspen homes for sale. Ask Price: $4,296,000. (Original Price: $4,800,000 and 1,818 days on the market since 06/09/2015. As written about in The Observer on 3/23, the actress Melanie Griffith finally found a buyer for her Aspen home. She purchased the Colorado property with her ex-husband, Antonio Banderas, for $3.55M in 2002. In 2015, the year she was divorced, she listed the 7,391 sq ft home for sale as part of a larger 12-acre compound with an adjacent guest house and cabin at ask price $9.9M. It didn’t sell. So, the property was split into two properties with the larger 10-acre portion with the guest house and cabin selling at $2.24M in 2017. That left this 5 bdrm/6 ba mountain retreat on 2 acres asking $6.37M in 2016 eventually dropping to its most recent ask at $4.3M.) This is a 1994 built, 5 bedroom/6 bath/1 loft, 7,391 sq ft single family home with 4+ car garage on a 2 acres lot. Broker comments are “Nestled in the national forest on the backside of Aspen Mountain, this private mountain retreat offers majestic views of Aspen Highlands Ridge and the Conundrum Valley. Breathtaking wilderness and rustic elegance meet 21st century comforts in the lavishly appointed 7,391 sq ft residence. Natural light floods through floor-to-ceiling glass windows and doors, while the vaulted ceilings and glass-filled gables of windows provide a sense of openness and connection to the outdoors. An entertainer’s paradise, the home easily accommodates families and guests with an open concept gourmet kitchen, grand living room and expansive decks enveloping the property. Relax amid 5 bedrooms and 6 baths, each primed for privacy.” 2018 taxes: $9,842. Under Contract Date: 01/26/2019; Sold Date: 03/18/2019. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #149833 – Townsite of Aspen, West End, 611 W Main Street, Aspen, CO: Sold Price: $3,200,000/$1,185 sq ft. More details below photos.

MLS #149833 – Townsite of Aspen, West End, 611 W Main Street, Aspen, CO: Sold Price: $3,200,000/$1,185 sq ft. Aspen homes for sale. Ask Price: $3,250,000. (Original Price: $3,250,000 and 1,723 days on the market since 03/01/2013.) This is a 1886 built, 2 bedroom/2 bath, 2,700 sq ft single family home on a 9,148 sq ft lot. Broker comments are “9,000 square foot lot on Aspen’s Main Street with a home built & owned by Harry Koch in 1886. The historic structure contains 2,700 square feet, sunny location with views of Shadow Mountain. Easy stroll into town on Hopkins. Tons of parking. Photos were taken prior to furniture removal.” 2018 taxes: $19,914. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/12/2018; Sold Date: 03/18/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #140305 – West Aspen – off Cemetery Lane – facing Golf Course, 1520 Homestake Drive, Aspen, CO: Sold Price: $6,662,500/$1,638 sq ft; furnished. More details below photos.

MLS #140305 – West Aspen – off Cemetery Lane – facing Golf Course, 1520 Homestake Drive, Aspen, CO: Sold Price: $6,662,500/$1,638 sq ft; furnished. Aspen duplex/half-duplex for sale. Ask Price: $6,995,000. (Original Price: $6,500,000 and 1,299 days on the market since 07/28/2015.) This is a 2016 built, 4 bedroom/4 bath/1 half-bath, 4,065 sq ft duplex/half-duplex with 2 car garage on a 15,400 sq ft lot. Broker comments are “Amazing views. New half-duplex slated for completion Winter 2019. Very cool, contemporary, full of sun and views. Four bedrooms, open living and great outdoor spaces (including a roof deck).” 2018 taxes: $10,571. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/01/2019; Sold Date: 03/22/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #152065 – Riverside Condominiums, Central Core, 1024 E Cooper Avenue 10, Aspen, CO: Sold Price: $1,800,000/$1,649 sq ft; furnished. More details below photos.

MLS #152065 – Riverside Condos, Central Core, 1024 E Cooper Avenue 10, Aspen, CO: Sold Price: $1,800,000/$1,649 sq ft; furnished. Aspen condos for sale. Ask Price: $1,895,000. (Original Price: $1,825,000 and 436 days on the market since 01/03/2018.) This is a 1970 built and 2015 remodeled, 2 bedroom/2 bath, 1,091 sq ft condo. Broker comments are “This spectacular remodel is a once in lifetime opportunity. Penthouse style huge master bedroom with a walk in closet and guest suite. Large laundry room upstairs. This property is very unique and private; recently remodeled with sleek finishes, porcelain tile wood finish flooring, and a brand new kitchen with high end appliances. Designated parking spot behind the unit. Master is oversized compared to any two bedroom condominium you will visit in Aspen. Living room has vaulted ceilings and double flat screen tvs and air conditioning. The deck looks west to get sunsets. Master suite gets morning sun. Guest suite has private en-suite bath and west facing windows. Truly a special gem that is one of a kind. Riverside 7, remodeled by same designer, closed for $1,738/square foot in 10/2018.” 2017 taxes: $3,308; HOA Dues: $6,344 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/09/2019; Sold Date: 03/15/2019. (Photos and broker comments courtesy of Whitman Fine Properties)

MLS #156971 – Eagle Pines, West Aspen, TBD Eagle Pines Drive, Aspen, CO Vacant Lot for Sale; Sold Price at Auction: $2,100,000 plus 12% buyer’s auction premium. More details below photos.

MLS #156971 – Eagle Pines, West Aspen, TBD Eagle Pines Drive, Aspen, CO Vacant Lot for Sale; Sold Price at Auction: $2,100,000 plus 12% buyer’s auction premium. Aspen lots for sale. Ask Price: $3,750,000. (Original Price: $3,750,000 and 2,453 days on the market since 01/02/2013.) This is a 11.64 acre lot. (See auction results post from 2/28/19) Broker comments are “Auction: Bid 2/26-28 | Home Previously $18.4M, Vacant Lot Previously $3.75M | Selling Separately or Collectively Without Reserve | Open Daily by Appointment Consider the possibilities. With an 11-acre lot neighboring 350 Eagle Park Drive, there is more space you can call your very own. The last available buildable lot in the exclusive community of Eagle Pines, this parcel sits on a quiet cul-de-sac at the top of Buttermilk Mountain, offering sweeping views of the surrounding mountains and the valley below. With each season bringing a new backdrop of changing colors and awe-inspiring vistas, this one-of-a-kind offering makes the perfect retreat for peace and renewal amongst the trees. With a cleared building envelope framed by natural beauty, you have the opportunity to build a one-of-a-kind guest house to privately host friends or add to 350 Eagle Park Drive for a generational family compound. All that’s missing is your vision.” 2019 taxes: $20,341. Under Contract Date: 02/28/2019; Sold Date: 03/20/2019. (Photos and broker comments courtesy of Compass)

MLS #158216 – Snowmass Mountain Condominiums, 55 Upper Woodbridge Road A-4, Snowmass Village, CO: Sold Price: $800,000/$500 sq ft; furnished. More details below photos.

MLS #158216 – Snowmass Mountain Condominiums, 55 Upper Woodbridge Road A-4, Snowmass Village, CO: Sold Price: $800,000/$500 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $825,000. (Original Price: $825,000 and 224 days on the market since 08/06/2018.) This is a 1973 built and 2016 remodeled, 3 bedrooom/3 bath, 1,600 sq ft condo. Broker comments are “Hands down, one of the best units in the complex. A 3 bedroom + loft corner unit with additional windows located in the exclusive ”A” building. Stunning, unobstructed views from the Continental Divide to the Snowmass Ski Area. Freshly decorated and remodeled with a lovely stacked stone wood-burning fireplace, quartz countertops and stainless appliances. The free Village Shuttle whisks you to the slopes in minutes. Only a few stairs from the assigned parking space to the front door and steps from the outdoor pool, exercise room and front desk. Generous owner’s storage in the unit and a separate storage area in the building.” 2018 taxes: $2,884. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/30/2019; Sold Date: 03/18/2019. (Photos and broker comments courtesy of Aspen Snowmass Properties)

_______________________