The Estin Report - Aspen, Colorado
The Estin Report - Aspen, Colorado The Estin Report - Aspen, Colorado The Estin Report - Aspen, Colorado

  Estin Report
 
Aspen real estate intelligence ©

  

Be informed, be educated, be advised by one the town's best real estate brokers according to local media. Aspen Sotheby's Int'l broker agent Tim Estin MBA, GRI authors the primary market guide for Aspen Snowmass real estate, homes for sale and property info - the #1 trusted Aspen real estate market resource.  Original reports and over 14,000 pages of current and archived content. Call Tim for expert guidance and counsel.

       Estin Report
     
Aspen real estate intelligence ©

EstinReportSeal 125res 175x175

Be informed, be educated, be advised by one the town's best real estate brokers according to local media. Aspen Sotheby's Int'l broker agent Tim Estin MBA, GRI authors the primary market guide for Aspen Snowmass real estate, homes for sale and property info - the #1 trusted Aspen real estate market resource. Original reports and over 14,000 pages of current and archived content. For expert guidance and counsel, please call or txt 970.309.6163.

Tim Estin

Tim Estin MBA, GRI
970.309.6163 cell + text

 



Broker Associate
Aspen Snowmass Sotheby's
International Real Estate
300 S.Spring St #100
Aspen, CO 81611

 

Aspen, CO
Mountain Standard Time 
(MST)

 

Estin Report

Q1 2017
and
Year 2016

Aspen Real Estate

 

"Aspen real estate is in

turn-a-round mode from a

dismal 2016 when global

uncertainty curtailed buyers'

appetite for luxury high end

2nd home purchases.

Post-election 2016, an
upper-end

Aspen real estate recovery

is in full bloom. "


Read more...

 

May 2017

Aspen Real Estate
Snapshot


"There is a night
and day difference
between May 2017 and
same time last year.
The market is firing
on all cylinders
heading into the
summer selling season.


A statistic that says
it all: there were (15)
Aspen single family
home sales in May 2017
vs (2) in May 2016,
+650% (Pg 6).

 

Read more...

 

 

 

(See Interest Rate Historical Chart

since 1790 and

Consumer Price Calculator)

 

 

The Estin Report - Aspen, Colorado
The Estin Report - Aspen, Colorado
The Estin Report - Aspen, Colorado

Snowmass Real Estate Video Overview

 

1-CLICK SNOWMASS SEARCHES

 

Snowmass Village Map - Snowmass Homes & Townhomes For Sale By Neighborhoods

and

Snowmass Village Condominium Complex Map

 

The 1-Click links below are to current real-time Snowmass Village homes, Snowmass Village condos and other Snowmass Viilage properties for sale by neighborhoods or price range. Scroll down further for Snowmass Village Neighborhood Descriptions ©. Email or call Tim at  970.309.6163 for additional information on any of these properties or for information on properties that may be available but not public.

 

All Snowmass Village (SMV) and Old Snowmass (OSM) residential properties for Sale

BY PRICE

Under $500,000

$500,000 - $1,000,000

$1,000,000 - $2,000,000

$3,000,000 - $5,000,000

$5,000,000 - $8,000,000

$8,000,000 +

BY NEIGHBORHOOD

Snowmass Village Ski-In/Ski-Out            

Brush Creek Village

Wood Run                                                 

Two Creeks

Ridge Run                                                 

The Divide

Sinclair Meadows                                      

Horse Ranch

The Pines at Owl Creek                            

Melton Ranch

Old Snowmass

SNOWMASS VACANT LOTS AND LAND
Snowmass Village, Brush Creek and Old Snowmass residential single family lots, ranches and farms for sale. Click here for Aspen vacant lots and land for sale.

HORSE PROPERTIES 

(All local areas: Aspen, Snowmass Village, Brush Cr, Woody Cr, Old Snowmass, Basalt, Emma/El Jebel, Missouri Heights, Carbondale)


NEIGHBORHOOD DESCRIPTIONS WITH LINKS

Snowmass Village Background

Snowmass Village began development in 1967 with the opening of the Snowmass Ski Mountain. The new Base Village was approved spring 2005 and construction began that summer. Even though one can find relative value in Snowmass compared with Aspen, speculation fever hit Snowmass as buyers swallowed up any condos within concentric circles of the new Base. From 2005 – 2008, record prices were paid for units close to the new Base Village fueled by expectations of future value being created upon the new Base Village build-out. The development was aborted in early 2009 as the Related Companies, the Base Village developer, discontinued loan payments. The main lender to the project, Hypo Bank of Germany was nationalized by the German Government in 2009, and the property was foreclosed upon in Nov. 2011. Much uncertainty remains, but perhaps the worst financial calamity is over as now the property ownership can be transferred for a new developer to step forward.

Snowmass (SMV) single family homes:  SMV was made famous by its many ski in/ski out properties, located in the heart of the White River National Forest and considered to be some of the best designed and most desired ski properties in North America. The combination of ski in/ski out homes, the huge family friendly infrastructure of the ski resort and its proximity to Aspen make this one of the most sought after ski real estate areas in the country.

Snowmass Village - Ski-In/Ski-Out

(Photo courtesy of: B.J. Adams & Co. 400 Wood Road #3304. List Price: $1,725M.

Contact Tim Estin for more details 970-309-6163.)


Current Snowmass Village Ski In/Ski Out Single Family Homes Above $2.5M (minimum price) for Sale

Current Snowmass Village Ski In / Ski Out 2 or more Bdrm Condos & Townhomes for Sale


Wood Run 

(Photo courtesy of: BJ Adams & Co. 100 Alpine Lane. List Price: $2,699,500.

Contact Tim Estin for more details 970.309.6163)

 

Current Wood Run Properties for Sale: Single Family Ski-in/Ski-out

 

Wood Run is located slope side on Fanny hill and was the first ski in ski out subdivision with single family homes. It has fantastic ski-in, ski-out lots and some interior lots with ski access nearby. There are 104 condo units and 123 single family lots.

Woodrun Five Townhouse – 45 units - Trails End Ln/Village Bound

Woodrun Place  -  59 units     -  Wood Rd

Woodrun Unit 1  -  25 SF lots  -  Hidden Ln/Wood Rd/Edgewood Ln

Woodrun Unit 2  -  10 SF lots  -  Wood Rd/Little Ln/Janss Ln

Woodrun Unit 3  -    6 SF lots  -  Creek Ln

Woodrun Unit 4  -    6 SF lots  -  Pine Ln/Wood Rd

Woodrun Unit 5  –   9 SF lots  -  Village Run Circle

Woodrun Unit 6  -    6 SF lots  -  Pine Ln/Wood Rd


Ridge Run

(Photo courtesy of: Joshua & Co. 483 Maple Ridge Lane, List Price: $3.195M.

Contact Tim Estin for more details. 970.309.6163.)

 

Current Ridge Run Properties for Sale

 

Ridge Run subdivision was started in the 1980’s and is located at the very base of  Snowmass Mountain and has great ski access on top but more challenging ski access as further down the subdivision which is a mountain. Some of the lower lots are duplex lots, and there are 194 single family lots.

Ridge Run Companies  -  2 duplex units  -  N. Ridge Ln

Ridge Run Unit 1  -  75 SF lots  -  Faraway Rd/N. Ridge Ln/Maple Ridge Ln/Elk Ridge Ln

Ridge Run Unit 2  -  16 SF lots  -  Maple Ridge Ln/Ridge Rd/Deer Ln/Deer Ridge Ln

Ridge Run Unit 3  -  62 SF lots  -  Faraway Rd/Ermine Ln/E. Ridge Rd/Stellar Ln/Buck Ln

Ridge Run Unit 4  -  41 SF lots  -  Baby Doe Ln/Antler Ridge Ln/Stellar Ln/Sleeping Fawn Ct


Sinclair Meadows

Sinclair Meadows is Snowmass Village's newest subdivision and came on line in 2008/2009 but the 1st sale ocurred in June 2010. Hit hard by the recession but since recovered, the (17) total vacant lot sales have been in $600,000 - $1,450,000 range for 1/3 - 1 acre plus lots...amongst the best land values in all of SMV. The area is seeing a number of new spec built and owner built homes going up representing the newest inventory of home product in Snowmass Village.

 

(Photo courtesy of Aspen Snowmass Sotheby's. 137 Gambel Way. List Price: $2.325M.

Contact Tim Estin for more details. 970.309.6163)

 

Current Sinclair Meadows Properties for Sale

Fairway Drive Subdivision Properties for Sale

 

Conveniently located adjacent to the Snowmass Country Club golf course, across the street from the Two Creeks ski lift and between Sinclair Meadows and The Pines residential areas, Fairway Drive offers less expensive single family homes in $1M-2M range. (As of spring 2015, prices start above $1.5M for an older dated home likely to require remodel work). Smaller lots were developed to allow for smaller single family homes which is an appealing alternative for locals. Today about half of the homes have been rebuilt and about half continue to be occupied by locals especially those wishing to be in the Aspen School District.

 

The Pines at Owl Creek

(Photo courtesy of: Coldwell Banker Mason Morse. 522 Pine Crest Drive. List Price: $6.499M.

Contact tim Estin for more details. 970.309-6163)

 

Pines at Owl Creek Properties for Sale

 

The Pines at Owl Creek is the newest (early 2000’s) Snowmass Village subdivision with 51 single family lots, located next to the Two Creeks subdivision. Every lot has ski in-ski out access. Some lots have easier access than others, but The Pines homes  are some of the newest, largest and more luxurious homes in Snowmass Village. The Pines is close to the Snowmass Club and the new, 16,000 sq. ft. Snowmass Recreation Center.

Pines East Village  -  51 SF lots  - Spruce Rdg Ln/Pine Crest Dr/Pine Crest Ln/Mountain Crest Ln/Slopeside Ln

 

Two Creeks

(Photo courtesy of: Coldwell Banker Mason Morse. 940 Two Creeks Drive. List Price: $7.45M.

Contact Tim Estin for more details. 970.309.6163.)

 

Two Creeks Single Family Homes for Sale

Two Creeks Townhomes for Sale

 

Two Creeks is an exclusive, upscale community that was developed in the late 1990’s/early 2000’s around the Two Creeks ski area and is a great place to get away from the crowds of the main Snowmass Mountain. Every lot at Two Creeks was designed to be close to an acre or more with easy ski-in, ski-out access. The Two Creeks gondola leads to the Two Creeks high-speed chair lift, which brings one to some of the best family skiing at Elk Camp.

Two Creeks East Village  -  51 SF lots  -  Two Crks Dr/Blue Spruce Ln/Blue Spruce/E. Fork Ln Dr/                                                                    Serviceberry/Chokecherry Ln/Timber Ridge Ln)

 

The Divide

(Photo courtesy of: Aspen Snowmass Sotheby's. 776 Divide Drive. List Price: $9.25M.

Contact Tim Estin for more details. 970.309-6163)

 

Divide Properties for Sale

The Divide subdivision has 42 large single family prime lots with easy ski access along the Dawdler ski trail, and some with more advanced ski access towards Campground ski lift. The interior lots have ski access that can be more challenging.

Divide   -  42 SF lots  -  Divide Rd/Divide Dr/Aspen Way/Pinion Dr


Horse Ranch

(Photo courtesy of: Aspen Snowmass Sotheby's. 95 Trail Rider Lane. List Price: $2.75M.

Contact Tim Estin for more details. 970.309-6163)

 

Horse Ranch Properties for Sale

Horse Ranch was developed with 99 single family lots in the mid to late 1990’s, near the new Snowmass Recreation Center. The subdivision is characterized by home sites overlooking  large common open spaces and horse pastures with beautiful mountain views  in the background.  There is easy access to the slopes and skiing with the convenient door-to-door Dial-a-Ride taxi service (970-923-3030) to get to ski lifts and the Snowmass mall for just one $1 dollar.

Horse Ranch - 99 SF lots includes the folowing street names – Spur Ridge Ln/Horse Ranch Dr/Horse Ranch Trails/Bridle Path Ln/Trail Rider Ln/Saddleback Ln/Stirrup Circle/Colt Circle/Branding Ln/ Spur Ridge Ln/Mustang Circle


Melton Ranch

(Photo courtesy of: Aspen Snowmass Sotheby's. 266 Sinclair Rd., List Price: $2.695M.

Contact Tim Estin for more details 970.309-6163)

 

Melton Ranch Properties for Sale

Melton Ranch is one of the earliest SMV subdivisions and located on the north side of Brush Creek Road and away from the proximity of the ski mountain.  The area offers amazing views of the Snomwass Ski Mountain and up towards Independence Pass and the stunning Williams Range. Smaller lots were developed to allow for smaller single family homes, which is an appealing alternative for locals especially those wishing to be within the Aspen School District. Today about half of the homes have been rebuilt and about half continue to be occupied by locals. The area is conveniently served by the Village Shuttle 970-923-2543 throughout the winter: 8am – 9pm for any residence (7a-12:45am). More transportation details: www.tosv.com In addition, for any homes not served directly by the shuttle, there is easy access to the slopes and skiing with the convenient door-to-door Dial-a-Ride taxi service (970-923-3030) to get to ski lifts and the Snowmass Mall for just one dollar. There are 131 single family lots at Melton Ranch.

Melton Ranch Unit 1   -  58 SF lots -  Martingale Pl/Martingale Ln/Brush Crk Rd/Terrace Dr/                                                              Terrace Ln/Sinclair  Rd

Melton Ranch Unit 2   -  51 SF lots  -  Meadow Rd/Meadow Ln/Sinclair Rd/Emmy Ln

Melton Ranch Unit 3   -  22 SF lots  -  Meadow Ln/Sinclair Rd/Sinclair Ln/Lemond Pl

 

Brush Creek Village                    

(Photo courtesy of Aspen Snowmass Sotheby's. 1964 Juniper Hill Rd, List Price: $3,595,000.

Contact Tim Estin for more details: 970.309-6163)

 

Current Brush Creek Village Properties for Sale

 

Brush Creek Village is the subdivision located precisely halfway between Aspen and Snowmass Village at the intersection of Highway 82/Brush Creek Road which is the main road leading up to Snowmass Village and resort. The area is typically known for its big views, larger size lots - typically 2-3 acres, and more 'affordable', good value single family homes within the Aspen School District. Price ranges are typically between $1M-$4M.

 

Old Snowmass

(Photo courtesy of Coldwell Banker Mason Morse. 2556 Lower River Rd. List Price: $5.6M.

In Nov. 2013, this is an amazing bank sale opportunity in the $3M's

Contact Tim Estin for more details 970.309.6163)

 

Current Old Snowmass properties for sale

Old Snowmass or Snowmass, CO is a more rural area located approximately 20-25 minutes from Aspen known for its more rural, "Old" Colorado ranch/farm and country road type of setting. It's a beautiful relaxed area with homes priced $1M - $15M+. The simplest way to put it is..."As Sagaponack is to Southampton, Long Island, Old Snowmass is to Aspen meaning as beautiful rustic is to hedge rows and manicured lawns, charming rural agricultural is to mountain chic".

 

 

Disclaimer: The statements made in The Estin Report represent the opinions of the author and they should not be relied upon exclusively to make real estate decisions. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.920.7387 or by email.  A potential buyer is advised to make an independent investigation of the market and of each property before deciding to purchase. To the extent the statements made herein report facts or conclusions drawn 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. The Estin Report is copyrighted 2013 and all rights are reserved. Use is permitted subject to the following attribution with a link to the source: "The Estin Report by Aspen broker Tim Estin mba, gri".

 

 

Tim Estin | www.EstinAspen.com | 970.309.6163 | 300 S.Spring St | Opposite the Aspen Art Museum

The Estin Report - Aspen, Colorado
The Estin Report - Aspen, Colorado

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