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Aspen Real Estate Market  Last Week’s Sales: March 17 – March 24, 24 – Week 12

Closed (11): MLS#s: 181499, 181698, 182507, 180620, 182031, 182361, 182590, 180334, 182940, 182226, 182092. This link is valid until 4/23/2024

Under Contract/Pending (11): LS#s: 181588, 181314, 180040, 176002, 182937, 177722, 182041, 182574, 178515, 181047, 182623.  This link is valid until  4/23/2024.

The Estin Report: 2023 Year in Review Aspen Snowmass real estate market report – the 32 pg review and looking forward report – has been released in a print version and as a downloadable pdf in the Reports Section. See also Aspen real estate market weekly blog postings, the monthly 10-page market snapshots (Feb 2023). The print edition is available in brochure racks outside at Sotheby’s at 300 S Spring St #100 (my office) and Sotheby’s at 415 E. Hyman Ave, in racks around town and at the airport.  It can be downloaded from the Reports Section.

Sold Properties Last Week.

MLS # 181499 – Havens – Fanny Hill, Snowmass Village, 411 Wood Road 3, Snowmass Village, CO; Sold Price: $9.5M/$3,822 sq ft. Partial furnished; Sold Date: 03/18/2024. More details below photos. 

MLS # 181499 – Havens – Fanny Hill, Snowmass Village, 411 Wood Road 3, Snowmass Village, CO; Sold Price: $9.5M/$3,822 sq ft. Partial furnished; Sold Date: 03/18/2024. Ask Price: $9.995M (Original Price: $9.995M and on the market since 10/25/2023. See prior sale on 03/01/23 at $5,900,000/$2,374 sq ft unfurnished [Under contract 2/18/21]. The property was offered for sale pre-construction in Jan 2021 as one of (10) new ski homes built by East West Partners  located on the edge of Fanny Hill on Snowmass Mountain. The project sold out within a month. ) This is a 2022 built, 3 bedroom 3 bath/ 1 half-bath, 2,485 sq ft condo with assigned car garage on a 3,000 sq ft lot. Tim’s comments: Luxurious ski-in/ski-out residence at the Havens slope side on Fanny Hill in Snowmass Village with 3 bedrooms, 3.5 bathrooms, and a den featuring custom furnishings. Private deck with 8-person hot tub, gas fire pit, BBQ, and dining area. Prime location near Base Village and Snowmass Mall. Wolf & Sub-Zero Appliances, Gear Garage with ski way access, underground parking, heated bathroom floors, blackout shades, Lutron lighting, steam shower, washer & dryer. Access to fitness center and pool/hot tub. EV Car and EV Bike usage for Owners. 2023 Taxes: $25,751; HOA Dues: $44,000. Under Contract Date: 01/31/2024; Sold Date: 03/18/2024 (Photos courtesy of Engel & Völkers) 

MLS # 181698 – West End, 501 W Bleeker Street, Aspen, CO; Sold Price: $7.3M/$2,614 sq ft. Partial furnished; Sold Date: 03/19/2024. More details below photos. 

MLS # 181698 – West End, 501 W Bleeker Street, Aspen, CO; Sold Price: $7.3M/$2,614 sq ft. Partial furnished; Sold Date: 03/19/2024. Ask Price: $7.9M (Original Price: $8.2M and on the market since 11/15/2023.) This is a 1965 built, 4 bedroom 3 bath, 2,792 sq ft single-family home on a 6,000 sq ft lot, or 0.14 acres. Tim’s comments: Non-historic 2792 sq.ft. older home on a 6,000 sq ft corner lot, ideal for primary residence, second home, or development. Remodel, expand within remaining allowable Floor Area – FAR, or build new. See zoning and FAR analysis. Excellent Historic West End location with views of Shadow and Aspen Mountain. Walking distance to the Aspen Institute, Aspen Music Festival and downtown Aspen. Main floor primary en-suite bedroom. Open floor plan with wood burning fireplace. Lower level with additional bedroom, den, and living space. Spacious Trex deck for entertaining. 2022 Taxes: $11,000. Under Contract Date: 01/31/2024; Sold Date: 03/19/2024(Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 182507 – Merry Condos, West Aspen, 950 Cemetery Lane 2, Aspen, CO; Sold Price: $5.725M/$2,335 sq ft. Furnished; Sold Date: 03/19/2024. More details below photos. 

MLS # 182507 – Merry Condos, West Aspen, 950 Cemetery Lane 2, Aspen, CO; Sold Price: $5.725M/$2,335 sq ft. Furnished; Sold Date: 03/19/2024. Ask Price: $5.95M (Original Price: $5.95M and on the market since 02/09/2024.) This is a 1975 built and 2020 remodeled, 3 bedroom 3 bath/ 1 half-bath, 2,451 sq ft half-duplex home on a 14,386 sq ft lot, or 0.33 acres. Tim’s comments: Bright, mid-century modern inspired 3-bedroom, 3-level duplex in West Aspen. Separate living room and den for entertainment. Each level offers private bedroom. Top floor features open kitchen, dining, living area with office nook and panoramic views. Elevated deck with grill, surrounded by trees. Fenced-in yard, hot tub, covered carport, electric car charger. Air conditioning in top floor and primary suite. Close to Rio Grande bike trail, Aspen golf course, and bus route for town and ski areas access. 2023 Taxes: $12,725; HOA Dues: $6,368. Under Contract Date: 02/15/2024; Sold Date: 03/19/2024 (Photos courtesy of Douglas Elliman Real Estate) 

MLS # 180620 – Mountain Valley, East Aspen, 182 W Lupine Drive, Aspen, CO; Sold Price: $4M/$2,357 sq ft. Unfurnished; Sold Date: 03/22/2024. More details below photos. 

MLS # 180620 – Mountain Valley, East Aspen, 182 W Lupine Drive, Aspen, CO; Sold Price: $4M/$2,357 sq ft. Unfurnished; Sold Date: 03/22/2024. Ask Price: $4.8M (Original Price: $6.35M and on the market since 08/14/2023.) This is a 1967 built and 2019 remodeled, 4 bedroom 2 bath/ 1 half-bath, 1,697 sq ft single-family home on a 17,635 sq ft lot, or 0.4 acres. Tim’s comments: Small sized single-family home in Aspen’s East End. Located in the Mountain Valley subdivision within Aspen School district. Ideal for families. Ample lot size offers opportunities for remodel, new construction, or move-in ready living. Minutes to downtown Aspen. Convenient access to RFTA Dial-a-Ride Bus for exploring nearby attractions, shopping, and dining. 2023 Taxes: $5,031; HOA Dues: $300. Under Contract Date: 02/21/2024; Sold Date: 03/22/2024 (Photos courtesy of Coldwell Banker Mason Morse)

MLS # 182031 – Horse Ranch, Snowmass Village, 189 Saddleback Lane, Snowmass Village, CO; Sold Price: $8M/$1,494 sq ft. Partial furnished; Sold Date: 03/22/2024. More details below photos. 

MLS # 182031 – Horse Ranch, Snowmass Village, 189 Saddleback Lane, Snowmass Village, CO; Sold Price: $8M/$1,494 sq ft. Partial furnished; Sold Date: 03/22/2024. Ask Price: $8.35M (Original Price: $8.35M and on the market since 12/21/2023.) This is a 1995 built and 2011 remodeled, 4.5 bedroom 4 bath/ 1 half-bath, 5,353 sq ft single-family home with 2 car garage on a 68,538 sq ft lot, or 1.57 acres. Tim’s comments: Rare find at the top of Horse Ranch, adjacent to Open Space with Rim Trail access. Exceptional views of Snowmass Ski area. Inviting entertaining spaces inside and out, including front terrace and back patios with fire pit, water feature, and hot tub. Seamless connection to Snowmass Village open space with biking and hiking trails. Timeless mountain architecture with soaring ceilings and intricate beams. . 2024 Taxes: $21,667; HOA Dues: $405. Under Contract Date: 03/11/2024; Sold Date: 03/22/2024 (Photos courtesy of Compass)

MLS # 182361 – Wood Run, Snowmass Village, 306 Edgewood Lane, Snowmass Village, CO; Sold Price: $7.175M/$1,993 sq ft. Furnished; Sold Date: 03/18/2024. More details below photos. 

MLS # 182361 – Wood Run, Snowmass Village, 306 Edgewood Lane, Snowmass Village, CO; Sold Price: $7.175M/$1,993 sq ft. Furnished; Sold Date: 03/18/2024. Ask Price: $7.5M (Original Price: $7.5M and on the market since 01/29/2024.) This is a 1979 built, 4 bedroom 5 bath, 3,599 sq ft single-family home with 2 car garage on a 40,406 sq ft lot, or 0.93 acres. Tim’s comments: Ski retreat on Edgewood Lane in Wood Run. Four-bedroom home nestled among aspens and slope side ski access.  Spacious living room, gourmet kitchen, dining area, wet bar for entertaining. Expansive patio for après-ski or summer soirées. Ski access via Guggenheim ski trail or Adams Avenue ski run. Mud room for gear storage, outdoor hot tub. Privacy with proximity to Fanny Hill, Base Village, and Snowmass Mall. Option to ski to 3 lifts next year: Coney Glade, Village Express, Elk Camp Gondola. 2023 Taxes: $13,486; HOA Dues: $200. Under Contract Date: 01/30/2024; Sold Date: 03/18/2024 (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 182590 – Country Club Homes, Snowmass Village, 52 Harleston Green 38, Snowmass Village, CO; Sold Price: $4.9M/$1,942 sq ft. Partial furnished; Sold Date: 03/21/2024. More details below photos. 

MLS # 182590 – Country Club Homes, Snowmass Village, 52 Harleston Green 38, Snowmass Village, CO; Sold Price: $4.9M/$1,942 sq ft. Partial furnished; Sold Date: 03/21/2024. Ask Price: $5.2M (Original Price: $5.2M and on the market since 02/19/2024) This is a 1982 built and 2019 remodeled, 4 bedroom 4 bath, 2,522 sq ft townhome with 1 car garage. Tim’s comments: Located on the 2nd Fairway of Snowmass Club Golf Course in Country Club Homes, this spacious 4 Bedroom + Loft Bunk Room townhome offers a Chef’s kitchen and large Trex deck with upgraded features including a new deck railing, Hot Springs spa, and firepit. Enjoy unobstructed mountain views and Snowmass Ski Area fireworks from your back deck. Easy access to amenities like Snowmass Club, JAS Aspen, and Snowmass Rodeo. Free Snowmass Shuttle nearby for skiing, shopping, and Base Village. Access to paved biking/walking paths in summer and Snowmass Club cross-country ski course in winter. Property upgrades include A/C units in bedrooms, wood flooring, Ralph Lauren lighting, new Washer/Dryer, Gas Fireplace Insert, and garage electricity for extra appliances.  Accommodates 12 guests. 2023 Taxes: $11,440; HOA Dues: $18,560. Under Contract Date: 02/20/2024; Sold Date: 03/21/2024 (Photos courtesy of Hirsch Properties, LLC)

MLS # 180334 – Little Elk Creek, Old Snowmass, 90 Alexander Avenue, Snowmass, CO; Sold Price: $2.525M/$825 sq ft. Partial furnished; Sold Date: 03/22/2024. More details below photos. 

MLS # 180334 – Little Elk Creek, Old Snowmass, 90 Alexander Avenue, Snowmass, CO; Sold Price: $2.525M/$825 sq ft. Partial furnished; Sold Date: 03/22/2024. Ask Price: $3.4M (Original Price: $3.4M and on the market since 07/24/2023.) This is a 1990 built, 3 bedroom 3 bath/ 1 half-bath, 3,058 sq ft single-family home with 2 car garage on a 46,173 sq ft lot, or 1.06 acres. Tim’s comments: Located in Little Elk Creek Subdivision of Old Snowmass, this charming home offers expansive views of Mount Sopris and the Elk Mountain Range. Perfect for privacy, acreage, and Old Snowmass rural, outdoor enjoyment. 2023 Taxes: $7,520; HOA Dues: $3,140. Under Contract Date: 02/15/2024; Sold Date: 03/22/2024 (Photos courtesy of Engel & Völkers)

MLS # 182940 – Capitol Peak Condos, Snowmass Village, 110 Carriage Way 3201, Snowmass Village, CO; Sold Price: $2.05M/$1,892 sq ft. Furnished; Sold Date: 03/18/2024. More details below photos. 

MLS # 182940 – Capitol Peak, Snowmass Village, 110 Carriage Way 3201, Snowmass Village, CO; Sold Price: $2.05M/$1,892 sq ft. Furnished; Sold Date: 03/18/2024. Ask Price: $2,15M (Original Price: $2.15M and on the market since 03/18/2024.) This is a 2008 built, 2 bedroom 2 bath, 1,083 sq ft condo with common car garage. Tim’s comments: Prime location steps from the gondola in Capitol Peak. Corner unit with open floor plan and wrap-around deck for stunning views. Spacious, private bedroom suites. Situated in center of  the Snowmass Base Village with access to ice rink, game room, climbing wall, restaurants, and shopping. Building amenities include underground parking, ski locker room, fitness center, outdoor spas, and central ski-in location. 2023 Taxes: $10,058; HOA Dues: $26,584. Under Contract Date: 02/12/2024; Sold Date: 03/18/2024 (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 182226 – Tamarack, Snowmass Village, 135 Carriage Way Unit 32, Snowmass Village, CO; Sold Price: $1.675M/$1,793 sq ft. Furnished; Sold Date: 03/21/2024. More details below photos. 

MLS # 182226 – Tamarack Condominiums, Snowmass Village, 135 Carriage Way Unit 32, Snowmass Village, CO; Sold Price: $1.675M/$1,793 sq ft. Furnished; Sold Date: 03/21/2024. Ask Price: $1,695M (Original Price: $1,695M and on the market since 01/14/2024.) This is a 1969 built and 2021 remodeled, 2 bedroom 2 bath, 934 sq ft condo. Tim’s comments: Situated across from the Treehouse and steps from Snowmass Gondola Plaza, this 2 bed 2 bath condo underwent a 2021 remodel. Tamarack Condominiums have no rental restrictions or owner occupancy limits, offering flexibility for full-time living or income-generating rentals. 2023 Taxes: $3,122; HOA Dues: $16,000. Under Contract Date: 01/21/2024; Sold Date: 03/21/2024 (Photos courtesy of Coldwell Banker Mason Morse)

MLS # 182092 – Crestwood Condominiums, Snowmass Village, 400 Wood Road H-2313, Snowmass Village, CO; Sold Price: $1,075M/$1,158 sq ft. Furnished; Sold Date: 03/18/2024. More details below photos. 

MLS # 182092 – Crestwood, Snowmass Village, 400 Wood Road H-2313, Snowmass Village, CO; Sold Price: $1,075M/$1,158 sq ft. Furnished; Sold Date: 03/18/2024. Ask Price: $1.175M (Original Price: $1.175M and on the market since 12/28/2023.) This is a 1970 built and 2015 remodeled, 2 bedroom 2 bath, 928 sq ft condo. Tim’s comments: Recently upgraded condo with new linens, rugs, lighting, and accessories. Great views from the deck overlooking the Funnel Trail and gondola down the valley. Dormers added in 2008 provide abundant natural light throughout the day. Master bedroom features a queen bed with the sound of a nearby brook in the summer. The loft sleeps three in twin beds and has its own bath, perfect for kids, along with a reading area. Conveniently located near the spa, ski concierge, front desk, fitness center, and pool. An ideal family mountain retreat. 2023 Taxes: $2,730; HOA Dues: $18,182. Under Contract Date: 02/04/2024; Sold Date: 03/18/2024 (Photos courtesy of Compass)

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