Last week’s sales activity appears below. On Dec 2, 13, the November 2013 Aspen Snowmass Market Snapshot was posted in Current Reports. Tim Estin was interviewed by Denver Business Journal for an article on Aspen and mountain real estate published Mon. Nov. 25, 2013. The Estin Report furnished key Aspen real estate market data from 2007 to 2013 YTD (Nov 20, 13) for the combined Aspen Snowmass Village market, the Aspen market and Snowmass Village market, and these tables and a market trend chart were posted 11/24/13 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.
Click image for larger view of Aspen real estate market trend chart.
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 131093, 128724, 130767, 129889, 131312, 128145, 132249, 128242, 128964, 130896 This link is valid until 02/01/2014.
Under Contract / Pending (6): MLS#s: 131057, 126503, 132116, 132136, 127820, 131614 This link is valid until 02/01/2014.
Aspen Snowmass Solds Last Week
MLS #129889 – Aspen, West End single family home, 215 W. Smuggler Street, Aspen, CO: Sold Price: $4,300,000/$1,274 sq ft unfurnished. More details below photos.
MLS #129889 – Aspen, West End single family home, 215 W. Smuggler Street, Aspen, CO: Sold Price: $4,300,000/$1,274 sq ft unfurnished; Asking Price: $4,750,000. (Original Price: $4,750,000 and 210 days on the market since 05/17/2013.) This is a 1977 built/1989 remodeled, 4 bedroom/3 bath/1 three-quarter bath/1 half bath, 3,375 sq ft dated single family home with 2 car garage on a rare West End Triangle Park 6,000 sf lot. Broker comments are, ” A rare opportunity to own a Victorian in the West End’s most coveted location. This classic 4 bedroom +office, 3 full bath, 1 3/4 bath and ½ bath home sits directly across from Triangle Park, the epi-center of Aspen’s Historic West End. Enjoy an open floor plan and high ceilings with all-day sun and Aspen Mountain views, a two-car garage, and a private fenced yard with mature trees. Conveniently located next to the Music Tent, the Aspen Institute, restaurants and shopping.” 2012 Taxes: $11,049. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/30/2013; Sold Date: 11/27/2013. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #131093 – Aspen, West Aspen, Pitkin Mesa condo, 230 Pitkin Mesa Drive B, Aspen, CO: Sold Price: $980,000/$696 sq ft unfurnished. More details below photos.
MLS #131093 – Aspen, West Aspen, Pitkin Mesa condo, 230 Pitkin Mesa Drive B, Aspen, CO: Sold Price: $980,000/$696 sq ft unfurnished; Asking Price: $995,000. (Original Price: $995,000 and 116 days on the market since 08/06/2013.) This is a 1976 built/1999 remodeled, 3 bedroom/2 bath, 1,408 sq ft condo with 2 car garage on 0.51 acres. Broker comments are, “This top floor residence boasts beautiful views of Aspen Mountain, Red Mountain, Independence Pass. 3 large bedrooms and two baths. Home features modern granite, marble and stone surfaces, double vanities, Jacuzzi tub, wood burning fireplace, energy efficient propane range & water heater, heated flooring in kitchen and baths, and expansive windows for natural light exposure. An extra large two car garage has space for a workout area or storage. With National Forest lands bordering two sides of the property, there is a feeling of peaceful seclusion with stunning views.” 2012 Taxes: $2,312. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/20/2013; Sold Date: 11/22/2013. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #128724 – Aspen, Central Core, Calderwood single family or duplex lot, 1096 & 1098 Waters Avenue, Aspen, CO: Sold Price: $2,950,000. More details below photos.
MLS #128724 – Aspen, Central Core, Calderwood single family or duplex lot, 1096 & 1098 Waters Avenue, Aspen, CO: Sold Price: $2,950,000; Asking Price: $2,950,000. (Original Price: $2,950,000 and 286 days on the market since 02/14/2013.) This is a 0.16 acre single family lot located in the Calderwood subdivision in Aspen. Broker comments are, “The rarest of development opportunities! Located on the Roaring Fork River and just 3 blocks to the gondola, this 6,786 square foot lot has been approved for new duplex development with 2,975 square feet of FAR. A single family home with 2,656 square feet of FAR (and the ability to apply for a bonus of 500 sq ft FAR) is also a possibility. Enjoy great views of Aspen Mountain, cast your fishing line from the backyard, and walk to shops, restaurants & activities in downtown Aspen. Architectural & engineering plans for two 4 bedroom/4 bath units totaling 5,725 square feet are available for separate purchase.” 2012 Taxes: $20,399. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/16/2013; Sold Date: 11/27/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #130767 – Aspen, East Aspen, Promontory single family home, 131 Midland, Aspen, CO: Sold Price: $1,950,000/$1,050 sq ft unfurnished. More details below photos. 
MLS #130767 – Aspen, East Aspen, Promontory single family home, 131 Midland, Aspen, CO: Sold Price: $1,950,000/$1,050 sq ft unfurnished; Asking Price: $2,295,000. (Original Price: $2,295,000 and 138 days on the market since 07/12/2013.) This is a 1959 built/1989 remodeled, 3 bedroom/2 bath/1 half bath, 1,857 sq ft single family home on 0.12 acres, 5,332 sf lot. Broker comments are, “Location, Location, Location. Cute Aspen bungalow located just a short stroll to all of Aspen’s core amenities and across the street from Aspen’s coolest park: Snyder Park. Great price for a home this close to the core. Live-in it as-is, expand it, or redevelop the property. Studio B architectural plans are available for an incredible 4,672 s.f. home. Available above grade FAR on this lot is 2,918 sq ft.” 2012 Taxes: $8,248. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/13/2013; Sold Date: 11/27/2013. (Photos and broker comments courtesy of Alta Properties.)
MLS #131312 – Aspen, East Aspen, Mountain Valley single family home, 42705 Hwy 82, Aspen, CO: Sold Price: $1,600,000/$820 sq ft. More details below photos.
MLS #131312 – Aspen, East Aspen, Mountain Valley single family home, 42705 Hwy 82, Aspen, CO: Sold Price: $1,600,000/$820 sq ft; Asking Price: $1,775,000. (Original Price: $1,975,000 and 1,255 days on the market since 06/21/2010.) This is a 1972 built/2006 remodeled, 4 bedroom/4 bath, 1,949 sq ft single family home on 0.43 acres, an18,631 sf lot. Broker comments are, “This unique home is located in the quiet east side of town. Featuring 4 bedrooms and 4 baths, This home features privacy and unhampered views of Independence Pass and the North Star Preserve. Natural gardens,mature landscaping and water feature.. Shuttle to downtown Aspen which is just 1 mile away or enjoy a beautiful walk or bike ride.” 2012 Taxes: $4,388; HOA Dues: TBD. Under Contract Date: 09.11/2013; Sold Date: 11/26/2013. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #128145 – Aspen, Central Core, Riverview condo, 1020 E. Hopkins Avenue, Aspen, CO: Sold Price: $1,195,000/$1,138 sq ft unfurnished. More details below photos.
MLS #128145 – Aspen, Central Core, Riverview condo, 1020 E. Hopkins Avenue, Aspen, CO: Sold Price: $1,195,000/$1,138 sq ft unfurnished; Asking Price: $1,195,000. (Original Price: $1,195,000 and 334 days on the market since 12/24/2012.) This is a 1973 built/1997 remodeled, 2 bedroom/2 bath, 1,050 sq ft condo. Broker comments are, “End unit on the Roaring Fork River with windows to south, west and east. Views of Aspen Mountain and the river. Two balconies, assigned parking space, extra storage, pool, Jacuzzi. Well-maintained building with low HOA dues. Owner pet ok. Great location, convenient yet quiet. River rock fireplace.” 2012 Taxes: $3,311; HOA Dues: $1,217 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/16/2013; Sold Date: 11/25/2013. (Photos and broker comments courtesy of Frias Properties.)
No Photos in MLS. West End single family lots sale: Search EstinAspen.com for US Forest Service vacant lot auction results on Aug. 28, 2013
MLS #132249 – Aspen, Two adjacent West End single family lots, TBD Smuggler Street, US Forest Service – 8th/Smuggler St., Aspen, CO: Sold Price: $3,000,000; Asking Price: $3,000,000. (Lots 1 & 2 combination winning bid: $2.85M plus additional donation funds paid totalling $3M – Lot 1 sq ft: 6,613 sf; Lot 2 sq ft: 6,621 sf. Sold to highest bid and 176 days to close since auction date on 08/28/2013.) This is for (2) single family adjacent lots in the West End of Aspen. No broker comments in MLS. Under Contract Date: 08/28/2013; Sold Date: 11/07/2013.
MLS #128242 – Snowmass Village, Crestwood condo, 400 Wood Road #2109, Snowmass Village, CO: Sold Price: $510,000/$566 sq ft furnished. More details below photos.
MLS #128242 – Snowmass Village, Crestwood condo, 400 Wood Road #2109, Snowmass Village, CO: Sold Price: $510,000/$566 sq ft furnished; Asking Price: $595,000. (Original Price: $695,00 and 323 days on the market since 01/07/2013.) This is a 1970 built/2009 remodeled, 2 bedroom/2 bath, 900 sq ft condo. Broker comments are, “Beautifully renovated two bedroom, two bathroom unit with a premier rating by management. Possible to buy corner one-bedroom unit (2110) to make a fabulous 3 bedroom unit. Easy ski access, heated pool, 3 hot tubs, work out facility and spa. Complex adjacent to the new Base Village.” 2012 Taxes: $2,183; HOA Dues: $17,300. Under Contract Date: 10/21/2013; Sold Date: 11/26/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #128964 – Snowmass Village, Seasons 4 condo, 35 Lower Woodbridge Road 189, Snowmass Village, CO: Sold Price: $565,000/$592 sq ft unfurnished. More details below photos.
MLS #128964 – Snowmass Village, Seasons 4 condo, 35 Lower Woodbridge Road 189, Snowmass Village, CO: Sold Price: $565,000/$592 sq ft unfurnished; Asking Price: $595,000. (Original Price: $975,000 and 1,805 days on the market since 12/16/2008.) This is a 1971 built/2007 remodeled, 2 bedroom/2 bath, 953 sq ft condo. Broker comments are, “Gorgeous, custom 2 bedroom, 2 bath condo. Completely remodeled with top of the line finishes. Reclaimed hardwood floors, recessed lighting, wool carpet, gas fireplace, custom kitchen with stainless steel appliances, shaker-style cabinets and honed black granite countertops. Light and bright bedrooms with views and enlarged custom, built-in closets. Laundry closet with front-loading HE washer and dryer. Amenities include pool, spa and clubhouse.” 2012 Taxes: $1,756; HOA Dues: $1,415 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/23/2013; Sold Date: 11/25/2013. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #130896 – Snowmass Village, Ridge Run single family lot, TBD Faraway Road, Snowmass Village, CO: Sold Price: $1,300,000. More details below photos.
MLS #130896 – Snowmass Village, Ridge Run single family lot, TBD Faraway Road, Snowmass Village, CO: Sold Price: $1,300,000; Asking Price: $1,499,000. (Original Price: $3,100,000 and 2,561 days on the market since 11/22/2006.) This is a 1.13 acre single family lot in Ridge Run. Broker comments are, “Rare opportunity to purchase one of the last undeveloped parcels in Ridge Run. At more than an acre and adjacent to open space, the feeling is that ownership extends to the horizon. All day sun, extensive views (which are protected) and a flat building envelope add to the desirability. Allowable home size of 4,931 may be increased to 5400 via additional square footage if purchased through the town of Snowmass Village. Survey and Plat Map may be viewed in Documents.” 2012 Taxes: $16,701; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/12/2013; Sold Date: 11/26/2013. (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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