Last week’s sales activity is posted below. The Estin Report: 3rd Quarter 2013 State of the Aspen Market (July 1 – Sept 30) and Year to Date 2013 ) was released Oct. 15, 2013 in Current Reports.. Scroll down page for photos and details of weekly solds 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. Or use SearchEstinAspen to search by topic, address, subdivision or complex name, date etc. If it’s about Aspen real estate, information should be here.

Two charts from 3rd Quarter & YTD 2013 State of the Aspen Market Report

Click image or link for The Estin Report: 3rd Quarter & YTD 2013 State of the Aspen Market (released Oct 15, 13).

Last Week’s Market Activity: 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 to preserve an archive of sold market activity.

Closed (10): MLS#s 130240, 131223, 126133, 1319904, 130757, 125735, 131916, 126991, 130688, 125251. This link is valid until 11/27/2013.

Under Contract / Pending (11): MLS#s 131093, 128982, 128875, 130361, 109042, 98741, 128512, 127413, 128242, 131355, 130507. This link is valid until 11/27/2013.

Aspen Snowmass Solds Last Week

MLS #130240 – Aspen, Red Mountain, Red Mountain Ranch single family home, 1683 Red Mountain Road, Aspen, CO: Sold Price: $6,130,000/$888 sq ft unfurnished. More details below photos.

(Photo above is schematic for “Dramatic & creative architectural rendering & plan in place for expansion to over 10,000 square feet.” according to the broker. Existing property photos are below.)

MLS #130240 – Aspen, Red Mountain, Red Mountain Ranch single family home, 1683 Red Mountain Road, Aspen, CO: Sold Price: $6,130,000/$888 sq ft unfurnished; Asking Price: $6,995,000. (Original Price: $8,495,000 and 768 days on the market since 07/20/2011.) This is a 1979 built/1993 remodeled, 5 bedroom/6 bath/1 half bath, 6,899 sq ft single family home with 2 car garage on 1.02 acres. Broker comments are, “Enjoy dramatic, breathtaking panoramic views of downtown Aspen & the mountain range from Indy Pass to Mt. Sopris from this Red Mountain home with generous spaces for family, guests & entertaining. Features include an incredible glass-walled great room with vaulted ceilings & skylights that brings the outdoors inside, two master suites (one with a private yard & the other with a private deck), family/media room, den/library, bar/wine room, breakfast room adjoining the kitchen, gym, wood-burning fireplace, one bedroom caretaker unit, large patio & decks, and a 3 car garage. Enjoy the home as is, expand, or remodel. Dramatic & creative architectural renderings & plans are in place for expansion to over 10,000 square feet. Just 5 minutes to town & 2 minutes to Forest Service trails.” 2012 Taxes: $16,841; HOA Dues: $3,469 Yr. Under Contract Date: 10/02/2013; Sold Date: 10/25/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #131223 – Aspen, West End single family home, 910 W. North Street, Aspen, CO: Sold Price: $7,900,000/$1,295, sq ft unfurnished. More details below photos.

MLS #131223 – Aspen, West End single family home, 910 W. North Street, Aspen, CO: Sold Price: $7,900,000/$1,295, sq ft unfurnished; Asking Price: $7,995,000. (Original Price: $7,995,000 and 309 days on the market since 08/12/2011.) This is a 2008 built, 5 bedroom/5 bath/1 half bath, 6,098 sq ft single family home with 2 car garage. Broker comments are, “Gorgeous example of sophistication, class, details, charming design, & execution. This exquisite home is located on a large, private lot in the West End on a tranquil, park-like setting with panoramic views of Aspen Mountain, Highlands, & Tiehack. Features include 5 bedrooms, 5.5 baths, 6098 square feet, open floor plan, upper level master suite with office, library & terrace, four fireplaces, central air conditioning, radiant heat, delightful outdoor spaces for dining & quality of life, two car garage, and lots of sun. Walking distance to the Music Tent & The Aspen Institute. Furniture is available for separate purchase.” 2012 Taxes: $18,138. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/23/2013; Sold Date: 10/25/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #126133 – Aspen, West Aspen, Maroon Creek Club, 190 Pfister Drive, Aspen, CO: Sold Price: $10,000,000/$956 sq ft furnished. More details below photos.

MLS #126133 – Aspen, West Aspen, Maroon Creek Club, 190 Pfister Drive, Aspen, CO: Sold Price: $10,000,000/$956 sq ft furnished; Asking Price: $15,950,000. (Original Price: $18,450,000 and 485 days on the market since 06/25/2012.) This is a 2006 built, 6 bedroom/6 bath/3 half bath, 10,459 sq ft single family home with 2 car garage on 0.46 acres that closed at a 46% discount to original ask price. Broker comments are, “Never before listed! A custom designed six bedroom contemporary estate located on Tiehack Mountain in the exclusive Maroon Creek Club. Features Ingo Maurer light fixtures, Gessi plumbing fixtures, Italian Pro Memoria furniture, Labradorite floors and fireplace surrounds. Movie theatre, 3,000 bottle wine room, home spa, expansive views of Tiehack, Highlands and Hunter Creek. Can be purchased in conjunction with 196 Pfister to create a 12 bedroom family compound.” 2012 Taxes: $25,627; HOA Dues: $5,028 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/13/2013; Sold Date: 10/23/2013. (Photos and broker comments courtesy of Shane Aspen R.E.)

MLS #131904 – Aspen, East Aspen, Mountain Valley subdivision, duplex, 195 E. Lupine Drive, Aspen, CO: Sold Price: $1,330,000/$791 sq ft unfurnished. More details below photos.

MLS #131904 – Aspen, East Aspen, Mountain Valley Subdivision, duplex, 195 E. Lupine Drive, Aspen, CO: Sold Price: $1,330,000/$791 sq ft unfurnished; Asking Price: $1,330,000. (Original Price: $1,8985,000 and 1,018 days on the market since 06/21/2009.) This is a 1966 built/2000 remodeled, 3 bedroom/2 bath, 1,680 sq ft duplex with 2 car garage on 0.04 acres. Broker comments are, “Sold before MLS. Wonderful south-facing half-duplex with large 2-car garage in Mountain Valley. 3-bedroom, 2-bath, 3-level home plus bonus room/loft. Lovely flat yard with flagstone terraces, privacy, and charm. Aspen School District, just minutes to Aspen, no transfer fee. Free shuttle service to skiing and downtown (Dial-A-Ride). 2012 Taxes: $2,166; HOA Dues: $200 Yr. Under Contract Date: 09/11/2013; Sold Date: 10/21/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #130757 – Aspen, Central Core, 700 Monarch condo, 700 S. Monarch Street 204, Aspen, CO: Sold Price: $1,875,000/$1,075 sq ft. More details below photos.

MLS #130757 – Aspen, Central Core, 700 Monarch condo, 700 S. Monarch Street 204, Aspen, CO: Sold Price: $1,875,000/$1,075 sq ft; Asking Price: $1,950,000. (Original Price: $2,950,000 and 690 days on the market since 02/01/2008.) This is a 1971 built/2002 remodeled, 3 bedroom/3 bath, 1,743 sq ft condo. Broker comments are, “A Captivating Mountain retreat Views of Ajax Mt walk to Lift 1A, 3 bedrooms 3 full baths, steam shower, stone upgrades, spacious owner storage, separate fire wood storage, assigned garage parking, stereo speaker system through out the home, breakfast bar, dining room, deck. Walk to town, Open floor plan with plenty of room to entertain or just relax.” 2012 Taxes: $5,103; HOA Dues: $2,500 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/09/2013; Sold Date: 10/24/2013. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #125735 – Aspen, Central Core, Lift One condo, 131 E. Durant Avenue 409, Aspen, CO: Sold Price: $680,000/$1,079 sq ft furnished. More details below photos.

MLS #125735 – Aspen, Central Core, Lift One condo, 131 E. Durant Avenue 409, Aspen, CO: Sold Price: $680,000/$1,079 sq ft furnished; Asking Price: 695,000. (Original Price: $1,100,000 and 2,070 days on the market since 02/20/2008.) This is a 1972 built/2009 remodeled, 1 bedroom/1 bath, 630 sq ft condo. Broker comments are, “Best location in complex. Tremendous views right up Aspen Mtn. Pets allowed for owners. Great rental income on short term rentals. On site management and conceirge service. Newly renovated with new pool and hot tub.” 2012 Taxes: $1,735; HOA Dues: Varies per month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/19/2013; Sold Date: 10/04/2013. (Photos and broker comments courtesy of Aztec One R.E.)

MLS #131916 – Aspen, Smyuggler Area, East Meadow single family lot, 320 Midland Avenue, Aspen, CO: Sold Price: $3,000,000.

MLS #131916 – Aspen, Smuggler Area, East Meadow single family lot, 320 Midland Avenue, Aspen, CO: Sold Price: $3,000,000; Asking Price: $3,000,000. (Original Price: $3,995,000 since 09/21/2010 but listing had expired in July 2011, and the property was not actively listed in the MLS. The seller paid $5.125M in Dec. 2007.) This is a 0.23 acre (approx 10,000 sq ft) single family lot in the up-and-coming East Aspen / Smuggler area at one time in mid-2000’s called Aspen’s young, hip and contemporary side of town. The property has traded 3X since Oct 2006, each time to an end user, not a developer…The broker’s comments are: “Vacant lot in A+ location, East side of town. Two corner, large oversized flat lot allowing for large home of approx. 4,200 sq ft FAR above grade/exempt FAR below grade, full utitlies are in place and buried at seller cost of $250,000… views, sun, walking distance to downtown. Location: East on HIghway 82, towards Independence Pass.1 block East of Park Avenue, on left is Midland.” 2012 Taxes: $39,850. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/16/2013; Sold Date: 10/23/2013. (Photos courtesy of Tim Estin; Broker comments courtesy of Laura Maggos Properties.)

MLS #126991 – Snowmass Village, Meadow Ranch condo, 372 Meadow Ranch, Snowmass Village, CO: Sold Price: $640,000/$516 sq ft furnished. More details below photos.

MLS #126991 – Snowmass Village, Meadow Ranch condo, 372 Meadow Ranch, Snowmass Village, CO: Sold Price: $640,000/$516 sq ft furnished; Asking Price: $675,000. (Original Price: $675,000 and 420 days on the market since 08/28/2012.) This is a 1976 built/2003 remodeled, 2 bedroom/2 bath, 1,238 sq ft condo. Broker comments are, ” A wonderful remodeled townhome, with great views, privacy and in perfect condition. Many upgrades, including gas range, gas fireplace, jacuzzi tub and steam shower, custom cherry cabinetry throughout, and cherry hardwood floors. Large walk in storage. Building has new roof. Close to the free shuttle bus stop and miles of trails. In the Aspen School District.” 2012 Taxes: $2,076; HOA Dues: $1,425 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/10/2013; Sold Date: 10/22/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #130688 – Snowmass Village, Willows condo, 100 Elbert Lane F3 & 4, Snowmass Village, CO: Sold Price: $387,500/$433 sq ft furnished. More details below photos.

MLS #130688 – Snowmass Village, Willows condo, 100 Elbert Lane F3 & 4, Snowmass Village, CO: Sold Price: $387,500/$433 sq ft furnished; Asking Price: $395,000. (Original Price: $395,000 and 111 days on the market since 07/05/2013.) This is a 1967 built/2008 remodeled, 2 bedroom/2 bath, 894 sq ft condo. Broker comments are, “Walk to Lower Fanny Hill from this comfortable property. Conveniently situated on shuttle bus route. Common parking.” 2012 Taxes: $2,232; HOA Dues: $1,780 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/28/2013; Sold Date: 10/22/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #125251 – Snowmass Village, Sinclair Meadows single family lot, 15 Turkey Trot Court, Snowmass Village, CO: Sold Price: $1,400,000. More details below photos.

MLS #125251 – Snowmass Village, Sinclair Meadows single family lot, 15 Turkey Trot Court, Snowmass Village, CO: Sold Price: $1,400,000; Asking Price: $1,695,000. (Original Price: $3,300,000 and 1,164 days on the market since 04/21/2008.) This is a 1.3 acres single family lot in the Sinclair Meadows subdivision. Other Sinclair Meadow lots are available at $695,000 – $995,000. Broker comments are, “This is the crown jewel parcel at Sinclair Meadows. With 320 degree views from the Continental Divide, though the Snowmass Valley, up to Mt. Daly and the Snowmass Ski Area, there is no equal. Lot 8 boasts over 1 acre of private land and 4,500 sq. ft. of build-able FAR. This is the estate property fit for a superior mountain home.” 2012 Taxes: $9,424; HOA Dues: $2,700 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/06/2013; Sold Date: 10/25/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

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Disclaimer: The statements made in The Estin Report and on 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 at 970.309-6163 or Email him. The Estin Report is copyrighted 2013 and all rights reserved. Use is permitted subject to the following attribution with link to the source: “The Estin Report on the Aspen real estate market”

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