Aspen Real Estate Market Last Week’s Sales: Aug 4 – Aug 11, 24 – Week 32
Closed (7): MLS#s: 184166, 180040, 183075, 183043, 183042, 183773, 184096. This link is valid until 9/10/2024.
Under Contract/Pending (8): MLS#s: 182755, 183004, 183004, 184437, 183903, 184729, 182642, 181806. This link is valid until 9/10/2024.
The Estin Report: H1 2024 Aspen Snowmass Real Estate Market has been released in the Current Reports Section for PDF download. The print edition is now available at Sotheby’s offices at 300 S Spring St #100 (my office) and 415 E. Hyman Ave, in racks around town and at the Pitkin County/ASE airport luggage area magazine kiosk.
Sold Properties Last Week.
MLS # 184096 – Clasen Pecjack, West Aspen, 30 Maroon Court, Aspen, CO; Sold Price: $18M/$3,553 sq ft. Furnished; Sold Date: 08/02/2024. More details below photos.
MLS # 184096 – Clasen Pecjack, West Aspen, 30 Maroon Court, Aspen, CO; Sold Price: $18M/$3,553 sq ft. Furnished; Sold Date: 08/02/2024. Ask Price: $18.5M (Original Price: $18.5M and on the market since 06/11/2024) This is a 2023 built, 5 bedroom 6 bath/ 2 half-bath, 5,066 sq ft single-family home with 2 car garage on a 15,427 sq ft lot , or 0.35 acres. Tim’s comments: This home has been marketed as the “ultimate” Aspen chalet: a 5-bedroom, 8-bath home close to the Buttermilk and Tiehack Ski Areas, the Maroon Creek Club, and the Aspen golf course. Built with European craftsmanship, it features old-growth timbers, reclaimed spruce, and architectural steel. The home integrates Austrian alpine style with modern technology, including a Swiss solar roof with a 25Kw battery bank. Interior highlights include 16-foot ceilings, Austrian windows, a glass elevator, a chef’s kitchen, and a fitness room. The Primary Suite and three guest rooms offer luxurious spaces. Energy-efficient and sustainably built, the home is sold furnished. 2023 Taxes: $10,013. Under Contract Date: 07/03/2024; Sold Date: 08/02/2024. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS # 180040 – Townsite of Aspen, West End, 101 W Francis Street, Aspen, CO; Sold Price: $15.2M/$2,772 sq ft. Sold Date: 08/06/2024. More details below photos.
MLS # 180040 – Townsite of Aspen, West End, 101 W Francis Street, Aspen, CO; Sold Price: $15.2M/$2,772 sq ft. Sold Date: 08/06/2024. Ask Price: $16.5M (Original Price: $22M and on the market since 06/30/2023) This is a 1998 built and 2000 remodeled, 4 bedroom 4 bath/ 1 half-bath, 5,482 sq ft single-family home with 2 car garage on a 6,000 sq ft lot , or 0.14 acres. Tim’s comments: This Aspen West End home is situated on a corner lot just blocks from Hotel Jerome and downtown Aspen. As is, the home is dated but ideal for an ambitious make-over. It features a spacious kitchen, two living areas, a patio with a BBQ grill, and a fenced backyard for entertaining. The master suite includes Aspen Mountain views, a jetted tub, walk-in closets, and a private deck. The second level has three additional bedrooms and two bathrooms. The lower level includes a theatre room, bar area, and a guest bedroom. Additional features include AC, an elevator, a two-car garage, and a gas fireplace. 2023 Taxes: $27,587. Under Contract Date: 07/17/2024; Sold Date: 08/06/2024. (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS # 184166 – Aspen Alps Condominiums, Central Core, 700 S Ute Avenue 112, Aspen, CO; Sold Price: $5,847,075/$4,872 sq ft. Unfurnished; Sold Date: 08/09/2024. More details below photos.
MLS # 184166 – Aspen Alps, Condos Central Core, 700 S Ute Avenue 112, Aspen, CO; Sold Price: $5,847,075/$4,872 sq ft. Unfurnished; Sold Date: 08/09/2024. Ask Price: $5.997M (Original Price: $5.997M and on the market since 06/14/2024) This is a 1963 built and 2014 remodeled, 2 bedroom 2 bath/ 1 half-bath, 1,200 sq ft condo with 2 car garage. Tim’s comments: This top-floor 2-bed, 2.5-bath condo offering a large 1,200 sq ft of living space with Aspen Mountain views in the at-grade 100 Building of the Aspen Alps. No hill climbs! It was marketed as the “Crown Jewel of the Aspen Alps” and it is a beautiful unit. Designed by Architect Luis Menendez, the unit features natural light, sound proofed walls, a European kitchen, Danish millwork, and an architectural wine wall. Highlights include marble and leather countertops, heated bathroom floors, Lutron lighting, and dual-zone A/C. The condo includes two heated garage spaces with an electric car charger, an additional parking spot, and three custom storage units. Aspen Alps amenities include a gym, spa, pool, and tennis courts, all steps from Little Nell and W Hotels. The Alps #100 Building is slated for an imminent special assessment and building upgrade in the next 1-2 years. According to July 2023 Aspen Alps Board of Managers Meeting Minutes, “The 100 Building* has $1,061,563 in reserve for future exterior remodel and owners pay a $500/month fee into the reserve fund. (*Net of expenses related to planning and pre-construction for 100 building exterior renovation and pool project.) Regarding the 100 Building, as the information has only just been received on the preliminary pricing and proposed schedule, it has not yet been disseminated to the 100 building, but it is hoped we can organize meetings soon. This project is more complex and requires a bit more thorough analysis related to costs and the scheduling. Mr. Nelson and Mr. Schottenstein (apartment 115, who has been assisting on this) have provided some direction for a better understanding of the pricing, so that it will be clearer.” 2023 Taxes: $10,560; HOA Dues: $32,454 annually. Under Contract Date: 07/10/2024; Sold Date: 08/09/2024. (Photos courtesy of 800 Sellers)
MLS # 183075 – Timber Ridge Condominiums, Central Core, 100 E Dean Street Unit 1-D, Aspen, CO; Sold Price: $2.999M/$3,407 sq ft. Furnished; Sold Date: 08/02/2024. More details below photos.
MLS # 183075 – Timber Ridge, Central Core, 100 E Dean Street Unit 1-D, Aspen, CO; Sold Price: $2.999M/$3,407 sq ft. Furnished; Sold Date: 08/02/2024. Ask Price: $2.999M (Original Price: $2.999M and on the market since 03/30/2024) This is a 1965 built and 2022 remodeled, 2 bedroom 2 bath/ 1 3/4-bath, 880 sq ft condo with car garage. Tim’s comments: This renovated 2-bed, 2-bath ground-floor unit is ideally situated between Koch Park and Aspen Mountain Lift 1A and just a few blocks from shops, restaurants, and the Ajax Gondola. The condo features new flooring, updated kitchen and bathrooms, a wood-burning fireplace, washer/dryer, and off-street parking. Timber Ridge has recently completed an exterior remodel with new landscaping and BBQ facilities. The Timber Ridge complex is located within Aspen’s Lodge Zone allowing for unlimited short-term rentals. See Aspen Short Term Rental STR Resources and FAQs. 2023 Taxes: $4,174. Under Contract Date: 05/17/2024; Sold Date: 08/02/2024. (Photos courtesy of Douglas Elliman Real Estate)
MLS # 183043 – Original Curve Condominiums, Central Core, 725 E Main Street 304, Aspen, CO; Sold Price: $775,000/$2,214 sq ft. Furnished; Sold Date: 08/02/2024. More details below photos.
MLS # 183043 – Original Curve, Central Core, 725 E Main Street 304, Aspen, CO; Sold Price: $775,000/$2,214 sq ft. Furnished; Sold Date: 08/02/2024. Ask Price: $925,000 (Original Price: $995,000 and on the market since 03/27/2024) This is a 1970 built and 2023 remodeled, 1 bath, 350 sq ft condo. Tim’s comments: This top-floor condo features Smuggler Mountain views and is steps from the Roaring Fork River and downtown Aspen. It is located outside the City of Aspen Lodge Zone and according to the City of Aspen Short-term Rental (STR) Map, it is unlikely this unit could be short term rented (under 30 days) in the near future. See Aspen Short Term Rental STR Resources and FAQs, 2023 Taxes: $1,871; HOA Dues: $4,737 annually. Under Contract Date: 07/12/2024; Sold Date: 08/02/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 183042 – Original Curve, Central Core, 725 E Main Street 302, Aspen, CO; Sold Price: $775,000/$2,214 sq ft. Furnished; Sold Date: 08/02/2024. More details below photos.
MLS # 183042 – Original Curve Condos, Central Core, 725 E Main Street 302, Aspen, CO; Sold Price: $775,000/$2,214 sq ft. Furnished; Sold Date: 08/02/2024. Ask Price: $1,095,000 (Original Price: $1,095,000 and on the market since 03/27/2024) This is a 1970 built and 2022 remodeled, 1 bath, 350 sq ft condo. Tim’s comments: This top-floor corner unit features abundant natural light and views of Red and Smuggler Mountains, plus the Roaring Fork River. Enjoy the wood-burning fireplace or walk to the gondola with ease. A recent renovation added high-end appliances, a wine fridge, quartz countertops, and bamboo flooring. It is located outside the City of Aspen Lodge Zone and according to the City of Aspen Short-term Rental (STR) Map, it is unlikely this unit could be short term rented (under 30 days) in the near future. See Aspen Short Term Rental STR Resources and FAQs, 2024 Taxes: $2,173; HOA Dues: $3,409 annually. Under Contract Date: 07/12/2024; Sold Date: 08/02/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 183773 – Woodbridge Condominiums, Snowmass Village, 35 Upper Woodbridge Road 33-AB, Snowmass Village, CO; Sold Price: $1M/$1,106 sq ft. Unfurnished; Sold Date: 08/05/2024. More details below photos.
MLS # 183773 – Woodbridge, Snowmass Village, 35 Upper Woodbridge Road 33-AB, Snowmass Village, CO; Sold Price: $1M/$1,106 sq ft. Unfurnished; Sold Date: 08/05/2024. Ask Price: $1.2M (Original Price: $1.2M and on the market since 05/21/2024) This is a 1973 built, 2 bedroom 2 bath, 904 sq ft condo with assigned car garage. Tim’s comments: One of the best Snowmass Village deals on the market, this ski-in condo in the Woodbridge complex offers easy access to the Assay Hill Chairlift, Clark’s Market, hiking trails, bike path, and village shuttle. Featuring an open-concept kitchen and living area, two large bedrooms, and ample storage, the unit is highly livable. The complex, with strong rental potential, is nearing completion on new amenities, including a pool, hot tubs, gym, game room, and laundry facilities. See Snowmass Village Condo Location Map. 2023 Taxes: $2,513; HOA Dues: $18,056 quarterly. Under Contract Date: 07/15/2024; Sold Date: 08/05/2024 (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
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