Aspen Real Estate Market Last Week’s Sales: April 14 – 21, 24 – Week 16
Closed (8): MLS#s: 183287, 179975, 182055, 181113, 179941, 178303, 182669, 182174. This link is valid until 5/21/2024.
Under Contract/Pending (8): LS#s: 181270, 178089, 182871, 181703, 182937, 182445, 183234, 183179. This link is valid until 5/21/2024.
The Estin Report: Q1 & Mar 2024 Aspen Snowmass Village market snapshot will be released by end of the day, Apr 1st. 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 # 183287 – Red Mountain, Red Mountain, 419 Willoughby Way, Aspen, CO; Sold Price: $108M/$4,820 sq ft. Sold Date: 04/15/2024. More details below photos.
MLS # 183287 – Base of Red Mountain, 419 Willoughby Way, Aspen, CO; Sold Price: $108M/$4,820 sq ft. Sold Date: 04/15/2024. Ask Price: $108M (Original Price: $108M and on the market since 04/15/2024) This is a 2005/2010-2022 rebuilt, 11 bedroom 13 bath/ 4 half-bath, 22,405 sq ft single-family home with 4+ car garage on a 196,455 sq ft lot, or 4.5 acres. Tim’s comments: Sold before MLS. The property is near the base of Red Mountain on a relatively flat large-sized lot, offering stunning views of the town, the Roaring Fork River and 180 degree panoramic high mountains. A home this size could never be reproduced again as Pitkin County lowered house size allowance in Nov 2023 to 9,250 sq ft from a long-standing limit of 15,000 sq ft. Certain properties exceed these limits due to unique circumstances – namely oversized lots, historic reasons, land use priorities – or they were built prior to house size limitations enacted in the early 1990’s. This is a record breaking, 1st ever Aspen property sale over $100M. According to the WSJ, the buyers are Las Vegas mogul Steve Wynn and Thomas Peterffy founder of Interactive Brokers in an ownership entity referred to as Buddies Aspen LLC. The real property transacted at $108M but the total value of the deal including art, furnishings and other was $127M. 2023 Taxes: $158,287. Under Contract Date: 02/06/2024; Sold Date: 04/15/2024 (Photos courtesy of Douglas Elliman Real Estate)
MLS # 179975 – West End, 280 Lake Avenue, Aspen, CO; Sold Price: $18M/$4,038 sq ft. Partial Furnished; Sold Date: 04/15/2024. More details below photos.
MLS # 179975 – West End, 280 Lake Avenue, Aspen, CO; Sold Price: $18M/$4,038 sq ft. Partial Furnished; Sold Date: 04/15/2024. Ask Price: $19.95M (Original Price: $21.875M and on the market since 06/28/2023) This is a 1991 built, 5 bedroom 4 bath/ 1 half-bath, 4,457 sq ft single-family home with 2 car garage on a 7,453 sq ft lot, or 0.17 acres. Tim’s comments: Located in the historic West End on Aspen’s most coveted street Lake Avenue, this charming Victorian offers 5 bedrooms, 4.5 bathrooms, and a chef’s kitchen with garden. The bathrooms were updated in 2011. The oversized lot (a typical West End lot size is 6,000 sq ft) overlooks Hallam Lake and the Aspen Center for Environmental Studies (ACES). In the summertime, Lake Ave is closed to through traffic transforming the street into an appealing pedestrian walkway/bike path from town to the Aspen Music Festival through Aspen’s Triangle Park (‘ground zero’ of Aspen, as I think of it, where Aspen’s modern day founders, the Walter and Elizabeth Paepcke family lived and the oldest historic residential ‘pocket’ park in Aspen’s 145 year history). 2022 Taxes: $32,921. Under Contract Date: 02/15/2024; Sold Date: 04/15/2024 (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS # 182055 – West End, 604 N Eighth Street, Aspen, CO; Sold Price: $11.8M/$3,139 sq ft. Furnished; Sold Date: 04/15/2024. More details below photos.
MLS # 182055 – West End, 604 N Eighth Street, Aspen, CO; Sold Price: $11.8M/$3,139 sq ft. Furnished; Sold Date: 04/15/2024. Ask Price: $12.5M (Original Price: $12.5M and on the market since 12/22/2023) This is a 2009 built, 4 bedroom 4 bath/ 2 half-bath, 3,759 sq ft single-family home with 1 car garage on a 10,390 sq ft lot, or 0.24 acres. Tim’s comments: Contemporary custom designed luxury home located adjacent to the Aspen Institute and the Benedict Music Tent. 2022 Taxes: $22,629. Under Contract Date: 02/20/2024; Sold Date: 04/15/2024 (Photos courtesy of Coldwell Banker Mason Morse)
MLS # 181113 – South Point Condominiums, Central Core, 205 E Durant Avenue 1B, Aspen, CO; Sold Price: $3.45M/$3,520 sq ft. Furnished; Sold Date: 04/15/2024. More details below photos.
MLS # 181113 – South Point Condominiums, Central Core, 205 E Durant Avenue 1B, Aspen, CO; Sold Price: $3.45M/$3,520 sq ft. Furnished; Sold Date: 04/15/2024. Ask Price: $3.65M (Original Price: $3.65M and on the market since 09/22/2023) This is a 1967 built and 2014 remodeled, 2 bedroom 2 bath, 980 sq ft condo with common car garage. Tim’s comments: Charming ground floor 2-bedroom condo in South Point offers comfort, style, and convenience. Located on the edge of Aspen’s Core with easy access to culture, dining, and skiing. Spacious living area, well-equipped kitchen, and thoughtful bedroom design. Includes garage parking, ski locker, and storage space. Recently renovated building with lobby entrance and elevator. Soon to offer ski-in/ski-out access with Lift 1A redevelopment. 2022 Taxes: $5,744; HOA Dues: $7,888. Under Contract Date: 02/03/2024; Sold Date: 04/15/2024 (Photos courtesy of Engel & Völkers)
MLS # 179941 – Chateau Blanc Condo, Central Core, 901 E Hyman Avenue 2, Aspen, CO; Sold Price: $3M/$2,816 sq ft. Furnished; Sold Date: 04/17/2024. More details below photos.
MLS # 179941 – Chateau Blanc, Central Core, 901 E Hyman Avenue 2, Aspen, CO; Sold Price: $3M/$2,816 sq ft. Furnished; Sold Date: 04/17/2024. Ask Price: $3.3M (Original Price: $3.6M and on the market since 06/26/2023) This is a 1966 built and 2019 remodeled, 2 bedroom 2 bath, 1,065 sq ft condo. Tim’s comments: Recently remodeled condo just 5 blocks from Aspen Mountain Gondola. One of Chateau Blanc’s largest sized units. Renovated in 2019 with high-end finishes. Turn-key with luxurious furniture included. Interior features Walker Zanger tile, quartz countertops, and custom built-ins. Wood burning fireplace, in-unit laundry, A/C, and radiant floors. Private entry, off-street parking, and dedicated storage for skis/gear. Low association dues. 2023 Taxes: $6,098; HOA Dues: $11,729. Under Contract Date: 02/09/2024; Sold Date: 04/17/2024 (Photos courtesy of Douglas Elliman Real Estate)
MLS # 178303 – Wood Run, Snowmass Village, 84 Pine Lane, Snowmass Village, CO; Sold Price: $10.1M/$2,020 sq ft. Furnished; Sold Date: 04/18/2024. More details below photos.
MLS # 178303 – Wood Run, Snowmass Village, 84 Pine Lane, Snowmass Village, CO; Sold Price: $10.1M/$2,020 sq ft. Furnished; Sold Date: 04/18/2024. Ask Price: $10.75M (Original Price: $12.5M and on the market since 02/23/2023) This is a 1990 built and 2023 remodeled, 5 bedroom 6 bath, 5,000 sq ft single-family home with 2 car garage on a 33,106 sq ft lot, or 0.76 acres. Tim’s comments: Ski-in/Ski out home in Snowmass at the top of Snowmass’ most desirable Wood Run. This 5-bedroom residence offers exceptional ski access to Snowmass Mountain’s Coffee Pot trail and direct access to US Forest Service for immediate outdoor adventures. With superior design and craftsmanship, including grand ceilings and walls of windows, the property blends seamlessly with the mountain environment. Recently renovated with modern amenities, it’s the perfect ski getaway. 2023 Taxes: $26,432; HOA Dues: $200. Under Contract Date: 03/23/2024; Sold Date: 04/18/2024 (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 182669 – Owl Creek Townhomes, Snowmass Village, 712 Burnt Mountain Drive 12, Snowmass Village, CO; Sold Price: $8.6M/$2,226 sq ft. Furnished; Sold Date: 04/16/2024. More details below photos.
MLS # 182669 – Owl Creek Townhomes, Snowmass Village, 712 Burnt Mountain Drive 12, Snowmass Village, CO; Sold Price: $8.6M/$2,226 sq ft. Furnished; Sold Date: 04/16/2024. Ask Price: $8.95M (Original Price: $8.95M and on the market since 11/02/2023) This is a 1996 built and 2021 remodeled, 4 bedroom 5 bath, 3,862 sq ft townhouse with 2 car garage on a 3,862 sq ft lot, or 0.09 acres. Tim’s comments: Under contract prior to MLS listing. This Owl Creek Townhome offers ski-in/ski-out convenience, stunning views, and a secluded corner location. Completely renovated in 2021, the property features 4 en-suite bedrooms, versatile living spaces, and direct access to the Two Creeks Chairlift. 2023 Taxes: $9,532; HOA Dues: $28,206. Under Contract Date: 02/07/2024; Sold Date: 04/11/2024 (Photos courtesy of Coldwell Banker Mason Morse)
MLS # 182174 – Top of Village Condominiums, Snowmass Village, 855 Carriage Way Leaf 502, Snowmass Village, CO; Sold Price: $2,490,855/$1,717 sq ft. Furnished; Sold Date: 04/18/2024. More details below photos.
MLS # 182174 – Top of Village, Snowmass Village, 855 Carriage Way Leaf 502, Snowmass Village, CO; Sold Price: $2,490,855/$1,717 sq ft. Furnished; Sold Date: 04/18/2024. Ask Price: $2.49M (Original Price: $2.49M and on the market since 01/09/2024) This is a 1974 built and 2022 remodeled, 3 bedroom 3 bath, 1,450 sq ft condo. Tim’s comments: Premier 3-bedroom condo at Top of the Village, Unit Leaf 502 offers stunning ski slope views and ski-in, ski-out access.. Enjoy hiking and biking trails in summer. Open living/dining area with fireplace and mountain views. Remodeled kitchen with new appliances. Primary bedroom with king bed and deck, guest bedrooms with twin beds. Complex amenities include heated pool, hot tub, sauna, shuttle service, and covered parking.2023 Taxes: $4,759; HOA Dues: $41,232. Under Contract Date: 01/25/2024; Sold Date: 04/18/2024 (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
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