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 (14): MLS#s 125062, 124778, 130361, 127413, 131355, 126503, 131448, 129794, 128501, 130591, 128481, 132008, 132009, 132010 This link is valid until 02/08/2014.
Under Contract / Pending (6): MLS#s: 132094, 126708, 129869, 132268, 130340, 122313, 131614 This link is valid until 02/08/2014.
Aspen Snowmass Solds Last Week
MLS #125062 – Aspen, McLain Flats, Starwood single family home, 152 Buchanan Drive, Aspen, CO: Sold Price: $4,900,000/$780 sq ft furnished. More details below photos.
MLS #125062 – Aspen, McLain Flats, Starwood single family home, 152 Buchanan Drive, Aspen, CO: Sold Price: $4,900,000/$780 sq ft furnished; Asking Price: $5,400,000. (Original Price: $7,400,000 and 917 days on the market since 05/31/2011.) This is a 1994 built/2000 remodeled, 4 bedroom/5 bath/1 half bath, 6,277 sq ft single family home with 2 car garage on 3.08 acres. The home is located in a beautiful high mountain meadow with open space and panoramic big mountain views. The house requires at least some significant remodel work to accomodate contemporary living standards. Broker comments are, “This exciting, dramatic custom designed Bill Poss home grabs your attention at the front door… Trusses, solid reclaimed fir beams and sensational lighting frames the view of every peak from Aspen Mountain to Sopris. And this lovely home is comfortable too..with 6277 sq ft, 4 ensuite bedrooms, a chef’s kitchen with wine closet, a cheery breakfast room, a large sunroom with slate floor, and the most regal library (media) room that you have ever seen. You own three acres complete with pond, stream and waterfall but also have exclusive rights to use the adjacent 4 acre pasture and gaze over the 40 acre common area. Located on the best lot,(close to the Gatehouse), in Starwood and priced at $5,400,000. Furniture package available.” 2012 Taxes: $27,767; HOA Dues: $608 Yr. Under Contract Date: 10/14/2013; Sold Date: 12/02/2013. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #124778 – Aspen, West Aspen, Pitkin Mesa duplex, 200 Pitkin Mesa Drive, Unit B, Aspen, CO: Sold Price: $819,000/$630 sq ft furnished. More details below photos.
MLS #124778 – Aspen, West Aspen, Pitkin Mesa duplex, 200 Pitkin Mesa Drive, Unit B, Aspen, CO: Sold Price: $819,000/$630 sq ft furnished; Asking Price: $899,000. (Original Price: $2,400,000 and on the market since 10/12/2007.) This is a 1976 built/2006 remodeled, 3 bedroom/2 bath, 1,300 sq ft duplex with 3 car garage on 0.05 acres. It is built into a steep shale rock hillside overlooking Cemetery Ln before it drops down to Red Butte Dr. Broker comments are, “Spectacular views of Aspen. This home is equipped with three bedrooms, two baths, hickory cabinets and floors, granite slab countertops, tumbled marble bathrooms, stainless steel appliances, washer and dryer, and room for two plus cars and all of your toys in the garage. New roof completed September 2012. Sold Furnished.” 2012 Taxes: $2,737; HOA Dues: $400 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/11/2013; Sold Date: 12/03/2013. (Photos and broker comments courtesy of Joshua & Co.)
MLS #130361 – Aspen, Smuggler area, Jacobie Condo, 415 Park Circle, Unit 1, Aspen, CO: Bank Short Sale – Sold Price: $820,000/$559 sq ft partially furnished. More details below photos.
MLS #130361 – Aspen, Smuggler area, Jacobie Condo, 415 Park Circle, Unit 1, Aspen, CO: Bank Short Sale – Sold Price: $820,000/$559 sq ft partially furnished; Asking Price: $985,000. (Original Price: $1,650,000 and 1,445 days on the market since 12/22/2009.) This is a 1972 built/2007 remodeled, 2 bedroom/2 bath/1 half bath, 1,465 sq ft condo with 2 car garage. Broker comments are, “Short Sale Opportunity. Recently remodeled 2 bedroom condo with 2 car garage. Well located with easy walking access to town. Attractive Mountain modern and classic finishes, update includes new finishes down to the studs, high end appliances and beautiful furnishings. Sunny end unit with Aspen Mountain and downvalley views and small stream next to the home. Full two car garage with extra office space including bathroom.” 2012 Taxes: $3,073; HOA Dues: $1,022 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/25/2013; Sold Date: 12/03/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #127413 – Aspen, East Aspen, Aspen Club Townhouse, 1434 Crystal Lake Road, Aspen, CO: Sold Price: $2,800,000/$856 sq ft furnished. More details below photos.
MLS #127413 – Aspen, East Aspen, Aspen Club Townhouse, 1434 Crystal Lake Road, Aspen, CO: Sold Price: $2,800,000/$856 sq ft furnished; Asking Price: $2,995,000. (Original Price: $3,8980,000 and 433 days on the market since 10/04/2012.) This is a 1976 built/2004 remodeled, 4 bedroom/4 bath/1 half bath, 3,268 sq ft townhome with beautiful interior detail and finishes. Broker comments are, “Aspen Club Townhomes are rarely listed for sale, and this is by far the best. Totally remodeled in 2003-04, an additional 568 sqft were legally added providing a multi-purpose play/exercise room, large office, laundry and storage. Minutes from downtown Aspen by bike, foot or car, this beautifully maintained complex is adjacent to The Aspen Club & Spa, and East of Aspen Trail. Smart design,superb peaceful location, this truly is a ”turn key” purchase.” 2012 Taxes: $4,901; HOA Dues: $5,321 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/06/2013; Sold Date: 12/02/2013. (Photos and broker comments courtesy of B.J. Adams & Co.)
MLS #131355 – Aspen, Central Core townhouse, 111 W. Hyman Avenue, Aspen, CO: Sold Price: $5,040,000/$1,600 sq ft furnished. More details below photos.
MLS #131355 – Aspen, Central Core townhouse, 111 W. Hyman Avenue, Aspen, CO: Sold Price: $5,040,000/$1,600 sq ft furnished; Asking Price: $5,375,000. (Original Price: $5,375,000 and 118 days on the market since 08/28/2013.) This is a 1999 built/2008 remodeled, 5 bedroom/5 bath/1 half bath, 3,150 sq ft townhouse with 1 car garage on 0.09 acres. Broker comments are, “Fabulous, rare five-bedroom home, all with en-suite baths, in Aspen’s central core. Walk everywhere from this prime location just three blocks from the Hyman Avenue Mall and all of Aspen’s restaurants, shops and skiing. Stunning Aspen Mountain views from south-facing upstairs living level and deck. Enjoy outdoor dining on your backyard flagstone patio with firepit and built-in grill. Fifth bedroom is currently used as a second living/recreation area with pullout sofa, full bath, second laundry area and separate entrance. One-car garage, radiant heat, three gas fireplaces, air-conditioning in top-level living area.” 2012 Taxes: $9,343. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/17/2013; Sold Date: 12/04/2013. (Photos and broker comments courtesy of Joshua & Co.)
MLS #126503 – Snowmass Village, Pines at Owl Creek ski in / ski out single family home, 621 Pine Crest Drive, Snowmass Village, CO: Sold Price: $8,575,000/$1,428 sq ft furnished. More details below photos.
MLS #126503 – Snowmass Village, Pines at Owl Creek ski in / ski out single family home, 621 Pine Crest Drive, Snowmass Village, CO: Sold Price: $8,575,000/$1,428 sq ft furnished; Asking Price: $9,450,000. (Original Price: $9,900,000 and 1,213 days on the market since 08/11/2010.) This is a 2001 built/2006 remodeled, 5 bedroom/5 bath/2 half bath, 6,004 sq ft single family home with 2 car garage on 0.62 acres. Broker comments are, “Classic mountain log style home with an interior best described as eclectic with a modern bias. Tastefully designed and shows like a piece of art. Careful detail went into the top of the line custom finishes and furnishings throughout including bonuses like a pizza oven, pool and Crestron Audio/Visual System. Super easy ski access in and out of the house from the back door right to the private ski trail. There is nothing like this on the market.” 2012 Taxes: $24,232. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/29/2013; Sold Date: 12/06/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #131448 – Snowmass Village, Ridge Condominium #4, 229 Faraway Road, Snowmass Village, CO: Sold Price: $900,000/$704 sq ft furnished. More details below photos.
MLS #131448 – Snowmass Village, Ridge Condominium #4, 229 Faraway Road, Snowmass Village, CO: Sold Price: $900,000/$704 sq ft furnished; Asking Price: $950,000. (Original Price: $950,000 and 350 days on the market since 12/20/2013.) This is a 1982 built/2005 remodeled, 2 bedroom/2 bath, 1,278 sq ft, ski in / ski out condo. Broker comments are, ” Beautifully remodeled, top floor Ridge condominium. Vaulted ceilings and a great view of Mt. Daly. Ridge Unit 4 is the first row of buildings which offers the very best ski access and it’s right next to the swimming pool and hot tub. Each unit has assigned covered parking.” 2012 Taxes: $2,533; HOA dues: $2,911 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/09/2013; Sold Date: 12/02/2013. (Photos and broker comments courtesy of Joshua & Co.)
MLS #129794 – Snowmass Village, Owl Creek Townhome, 304 Streamside Court 25, Snowmass Village, CO: Sold Price: $3,195,000/$827 sq ft furnished. More details below photos.
MLS #129794 – Snowmass Village, Owl Creek Townhome, 304 Streamside Court 25, Snowmass Village, CO: Sold Price: $3,195,000/$827 sq ft furnished; Asking Price: $3,450,000. (Original Price: $3,450,000 and 209 days on the market since 05/10/2013. These units sold in the mid-$5M’s in 2007/2008.) This is a 1998 built, 4 bedroom/4 bath/1 three-quarter bath/1 half bath, 3,862 sq ft townhouse with 2 car garage. Broker comments are, “Luxury estate living at the Two Creeks Ski Area with the convenience of a fully managed property. This Owl Creek Home offers wide-angle views of the Snowmass Ski Area and mature landscaping for privacy and comfort. Exceptionally furnished and accessorized with private hot tub spa, two master suites, spacious great room and private den/office. Nothing can compare with this location and quality at this price.” 2012 Taxes: $11,338; HOA Dues: $24,381 Yr. Town of Snowmass Village Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/29/2013; Sold Date: 12/04/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #128501 – Snowmass Village, Horse Ranch single family home, 37 Bridal Path Lane, Snowmass Village, CO: Sold Price: $2,100,000/$595 sq ft furnished. More details below photos.
MLS #128501 – Snowmass Village, Horse Ranch single family home, 37 Bridal Path Lane, Snowmass Village, CO: Sold Price: $2,100,000/$595 sq ft furnished; Asking Price: $2,495,000. (Original Price: $2,495,000 and 299 days on the market since 01/31/2013.) This is a 1999 built, 4 bedroom/4 bath/1 half bath, 3,526 sq ft single family home with 2 car garage on 1.07 acres. Horse Ranch is one of Snowmass Village’s newer subdivisions with most homes built 1995 -2000. Broker comments are, “Beautiful Horse Ranch Home. Big views, Vaulted Ceilings, Brazilian Cherry Floors, excellent finishes throughout. Air conditioning on Main Level. Selling furnished- Ready to move in. Produces great rental income.” 2012 Taxes: $8,077; HOA Dues: $190 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/14/2013; Sold Date: 11/27/2013. (Photos and broker comments courtesy of Don Hogg & Associates.)
MLS #130591 – Snowmass Village, Country Club Homes condo, 0096 Harleston Green 41, Snowmass Village, CO: Sold Price: $1,300,000/$501 sq ft furnished. More details below photos.
MLS #130591 – Snowmass Village, Country Club Homes condo, 0096 Harleston Green 41, Snowmass Village, CO: Sold Price: $1,300,000/$501 sq ft furnished; Asking Price: $1,690,000. (Original Price: $2,700,000 and 2,567 days on the market since 11/22/2006.) This is a 1982 built, 3 bedroom/2 bath/1 half bath, 2,592 sq ft condo with 2 car garage. Broker comments are, “Located on the 12 tee of the Jim Eng designed Snowmass golf course, this three bedroom plus loft corner townhome offers views of the fairway, Burnt Mountain and the Snowmass ski area. Abundant morning sunshine throughout the year makes for light and bright living spaces. A short walk to public transportation provides easy access to all the Aspen/Snowmass amenities.” 2012 Taxes: $6,134; HOA Dues: $12,776 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/17/2013; Sold Date: 12/02/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #128481 – Snowmass Village, Top of Village ski in / ski out condo, 855 Carriage Way trails 302, Snowmass Village, CO: Sold Price: $729,000/$675 sq ft furnished. More details below photos.
MLS #128481 – Snowmass Village, Top of Village ski in / ski out condo, 855 Carriage Way trails 302, Snowmass Village, CO: Sold Price: $729,000/$675 sq ft furnished; Asking Price: $755,000. (Original Price: $825,000 and 310 days on the market since 01/30/2013.) This is a 1974 built, 2 bedroom/2 bath, 1,080 sq ft condo. Broker comments are, “The best top floor 2 bedroom available at TOV is also the best priced one. This condo has excellent views of the ski run and vaulted ceilings. Exceptional rental history and superior management company.” 2012 Taxes: $2,901; HOA Dues: $11,994 Yr. Town of Snowmass Village Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/06/2013; Sold Date: 12/06/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #132008 – Snowmass Village, Viceroy condo, 130 Wood Road 335, Snowmass Village, CO: Sold Price: $410,400/$754 sq ft furnished. More details below photos.
MLS #132008 – Snowmass Village, Viceroy condo, 130 Wood Road 335, Snowmass Village, CO: Sold Price: $410,400/$754 sq ft furnished; Asking Price: $432,000. (Original Price: $432,000 and 22 days on the market since 11/03/2013.) This is a 2010 built, 1 bedroom/1 bath, 544 sq ft condo. Broker comments are, “New Condominium units now available at the world-acclaimed Viceroy. Ski in-Ski-out in Snowmass’ Base Village, there is nothing else like in the Aspen/Snowmass market for wholly-owned condominiums. Leed Gold Certified Property. One time Base Village Metro Fee paid by Buyer of $5,150.” 2012 Taxes: $3,174; HOA Dues: $3,344 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/02/2013; Sold Date: 11/25/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #132009 – Snowmass Village, Viceroy condo, 130 Wood Road 337, Snowmass Village, CO: Sold Price: $411,350/$753 sq ft furnished; Asking Price: $433,000. (Original Price: $433,000 and 22 days on the market since 11/03/2013.) This is a 2010 built, 1 bedroom/1 bath, 546 sq ft condo. Broker comments are, “New Condominium units now available at the world-acclaimed Viceroy. Ski in-Ski-out in Snowmass’ Base Village, there is nothing else like in the Aspen/Snowmass market for wholly-owned condominiums. Leed Gold Certified Property. One time Base Village Metro Fee paid by Buyer of $5,150.” 2012 Taxes: $3,185; HOA Dues: $3,356 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/02/2013; Sold Date: 11/25/2013. 11/25/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)
MLS #132010 – Snowmass Village, Viceroy condo, 130 Wood Road 619, Snowmass Village, CO: Sold Price: $781,850/$809 sq ft furnished; Asking Price: $823,000. (Original Price: $823,000 and 22 days on the market since 11/03/2013.) This is a 2010 built, 2 bedroom/2 bath, 966 sq ft condo. Broker comments are, “New Condominium units now available at the world-acclaimed Viceroy. Ski in /Ski-out in Snowmass’ Base Village, there is nothing else like in the Aspen/Snowmass market for wholly-owned condominiums. Leed Gold Certified Property. One time Base Village Metro Fee paid by Buyer of $5,150.” 2012 Taxes: $5,931; HOA Dues: $5,939 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/02/2013; Sold Date: 11/25/2013. (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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