Aspen Real Estate Market Last Week’s Sales: June 2 – June 9, 24 – Week 23
Closed (5): MLS#s: 181270, 183942, 183007, 182327, 182710. This link is valid until 7/9/2024.
Under Contract/Pending (2): MLS#s: 183892, 179372. This link is valid until 7/9/2024.
The Estin Report: The May 2024 Aspen Snowmass Village market snapshot will be released early this week in the Current Reports Section. The 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 (Q1 & Mar 2024). 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 # 181270 – Red Mountain, 42 Pitkin Way, Aspen, CO; Vacant land / lot for sale, Sold Price: $28.795M. Sold Date: 06/06/2024. More details below photos.
MLS # 181270 – Red Mountain, 42 Pitkin Way, Aspen, CO; Vacant land / lot for sale, Sold Price: $28.795M. Sold Date: 06/06/2024. Ask Price: $28.995M. (Original Price: $28.995M and on the market since 10/04/2023. The seller , a developer, purchased the property for $15.875M on 6/5/23.). This is a 36,481 sq ft or .84 acre vacant lot. Tim’s comments: This is the 2nd highest price ever paid for a vacant Aspen lot. The record price at present belongs to the sale of 350 & 360 Lake Ave, a 0.77 acre, or 32,860 sq ft, oversized lot in Aspen’s West End (two lots combined). This is a prime development opportunity in Aspen’s private Pitkin Reserve on prestigious Willoughby Way near the bottom of Red Mountain. The lot is a relatively flat building site (extremely rare and of the highest value on Red Mountain) with rights for approximately a 13,000 square feet home, offering an extremely rare – almost unheard of – combination of: South-facing Aspen Mountain orientation, river and mountain views, walkable/bikable to town and to the Aspen Institute via Rio Grande Trail, privacy and no road traffic impact. The property is permit ready with no demolition or TDR requirements. Schematic drawings available for early involvement. 2022 Taxes: $98,345; HOA Dues: $6,174. Under Contract Date: 04/14/2024; Sold Date: 06/06/2024. (Photos courtesy of Aspen International Properties)
MLS # 183942 – Aspen Village Mobile Park, Woody Creek, 44 Bear Claw, Aspen, CO; Sold Price: $1.55M/$756 sq ft. Sold Date: 05/28/2024. More details below photos.
MLS # 183942 – Aspen Village Mobile Park, Woody Creek, 44 Bear Claw, Aspen, CO; Sold Price: $1.55M/$756 sq ft. Sold Date: 05/28/2024. Ask Price: $1.595M (Original Price: $1.595M and on the market since 06/03/2024.) This is a 2017 built, 4 bedroom 3 bath, 2,048 sq ft single-family home on a 7,296 sq ft lot , or 0.17 acre. Tim’s comments: Custom-built 4-bed, 3-bath home in Aspen Village on a 7,296 sq ft lot (double-wide mobile home lot) within the Aspen School District. The home offers an open floor plan, vaulted ceilings, energy-efficient appliances, radiant floor heating, and a 10 ft projector TV. Exterior includes a large carport, shed, and an irrigated lawn. Community amenities: pool, gym, conference room, and storage lot space. Pets: service dogs (with approval) and cats allowed. 2024 Taxes: $9,521. Under Contract Date: 04/01/2024; Sold Date: 05/28/2024. (Photos courtesy of Realty ONE Group Western Slope)
MLS # 183007 – Townsite of Aspen, Central Core, 1 Pitkin County TDR (Transferrable Development Right), Aspen, CO; Transferrable Development Right, Sold Price: $900,000. Sold Date: 05/31/2024. More details below photos.
MLS # 183007 – Townsite of Aspen, Central Core, 1 Pitkin County TDR (Transferrable Development Right), Aspen, CO; Transferrable Development Right, Sold Price: $900,000. Sold Date: 05/31/2024. Ask Price: $1.5M. (Original Price: $1.5M and on the market since 03/25/2024). Tim’s comments: See Pitkin County’s description of the TDR program and article on TDR pricing through the Pandemic and after. Under Contract Date: 05/21/2024; Sold Date: 05/31/2024. (Photos courtesy of Aspen Luxury Estates)
MLS # 182327 – Assay Hill Lodge Condo Hotel, Snowmass Village, 130 Wood Road 534, Snowmass Village, CO; Sold Price: $2.5M/$2,458 sq ft. Furnished; Sold Date: 06/03/2024. More details below photos.
MLS # 182327 – Assay Hill Lodge, Snowmass Village, 130 Wood Road 534, Snowmass Village, CO; Sold Price: $2.5M/$2,458 sq ft. Furnished; Sold Date: 06/03/2024. Ask Price: $2.5M (Original Price: $2.5M and on the market since 01/26/2024.) This is a 2010 built and 2024 remodeled, 1 bedroom 2 bath, 1,017 sq ft condo with common car garage. Tim’s comments: Refined elegance and mountain luxury: Recently remodeled with $300,000 upgrades including light oak wood floors, state-of-the-art Samsung Frame TVs, recessed lighting, and modern fixtures. Primary bathroom offers a freestanding bathtub, imported tiles, Toto toilets with bidet seats, and quartz countertops. Custom closets for ample storage. Balcony and bedroom present stunning views of Assay Hill’s ski slopes and valley. Viceroy amenities include valet parking, concierge, ski-in/out access, dining options, spa, and more./. 2022 Taxes: $6,234. Under Contract Date: 03/30/2024; Sold Date: 06/03/2024. (Photos courtesy of Slifer Smith & Frampton RFV)
MLS # 182710 – Assay Hill Lodge Condo Hotel, Snowmass Village, 130 Wood Road 333, Snowmass Village, CO; Sold Price: $1.75M/$1,961 sq ft. Furnished; Sold Date: 06/03/2024. More details below photos.
MLS # 182710 – Assay Hill Lodge, Snowmass Village, 130 Wood Road 333, Snowmass Village, CO; Sold Price: $1.75M/$1,961 sq ft. Furnished; Sold Date: 06/03/2024. Ask Price: $1.95M (Original Price: $1.95M and on the market since 02/29/2024.) This is a 2010 built, 2 bedroom 2 bath, 892 sq ft condo with common car garage. Tim’s comments: Exceptional ski-in/ski-out 2bd/2ba condo in Snowmass Base Village. Enjoy the comforts of home combined with high-end hotel services. Prime location steps from boot room and ski concierge for easy slope access. Experience mountain luxury at Assay Hill Lodge with spa, heated pool, hot tub, Toro restaurant, room service, and maid services. Dedicated shuttle service to airport and Aspen ensures easy and no-hassle transportation. 2022 Taxes: $5,194. Under Contract Date: 03/06/2024; Sold Date: 06/03/2024. (Photos courtesy of Slifer Smith & Frampton RFV)
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