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Aspen Real Estate Market  Last Week’s Sales: May 12 – May 19, 24 – Week 20

Closed (10): MLS#s: 181703, 177961, 179034, 183737, 183690, 182020, 183086, 182049, 180952, 183021. This link is valid until 6/18/2024

Under Contract/Pending (3): MLS#s: 182646, 181827, 183716. This link is valid until  6/18/2024.

The Estin Report: Apr 2024 Aspen Snowmass Village market snapshot has been released 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 # 181703 – West Aspen, 721 Cemetery Lane, Aspen, CO; Sold Price: $9.4M/$2,222 sq ft. Furnished; Sold Date: 05/15/2024. More details below photos. 

 

MLS # 181703 – West Aspen, 721 Cemetery Lane, Aspen, CO; Sold Price: $9.4M/$2,222 sq ft. Furnished; Sold Date: 05/15/2024. Ask Price: $11M (Original Price: $11.5 and on the market since 11/15/2023.) This is a 2021 built, 4 bedroom 4 bath/ 2 half-bath, 4,230 sq ft half duplex home with 2 car garage. Tim’s comments: 721 Cemetery Lane offers like-new contemporary, luxury living. This newer half duplex features high-end finishes and natural light in every room. The outdoor deck provides mountain views, and the location offers easy access to downtown Aspen (1 mile), schools, golf course, hiking trails, and ski mountains. 2023 Taxes: $98,362. Under Contract Date: 04/10/2024; Sold Date: 05/15/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 177961 – Park Dale, East Aspen, 1180 Dale Avenue, Aspen, CO; Sold Price: $7.2M/$3,428 sq ft. Furnished; Sold Date: 05/10/2024. More details below photos. 

 

MLS # 177961 – Park Dale, East Aspen, 1180 Dale Avenue, Aspen, CO; Sold Price: $7.2M/$3,428 sq ft. Furnished; Sold Date: 05/10/2024. Ask Price: $7.425M (Original Price: $8.25 and on the market since 01/13/2023.) This is a 2005, 2 bedroom 3 bath, 2,100 sq ft single-family home with 1 car garage on a 3,237 sq ft lot, or 1 acre. Tim’s comments: Modern, private single-family home in Aspen featuring two en-suite bedrooms and Aspen Mountain views from the upstairs, and living areas with a flex room and gym on the groiund level. Located a five-minute walk from downtown and Smuggler Mountain hiking trails, this home includes a living room with Fleetwood glass doors opening to a landscaped courtyard with a spa and BBQ. Other amenities include air conditioning, radiant heat, a snow-melt driveway, high-end AV, a large yard, and security system. The home also has a 700-sq ft crawl space for potential expansion. Sold fully  furnished, 2022 Taxes: $12,568. Under Contract Date: 03/13/2024; Sold Date: 05/10/2024. (Photos courtesy of Douglas Elliman Real Estate) 

MLS # 179034 – Aspen Townhouse, Central Core, 108 W Hyman Avenue 1, Aspen, CO; Sold Price: $3.2M/$2,794 sq ft. Furnished; Sold Date: 05/14/2024. More details below photos. 

 

MLS # 179034 – Aspen Townhouse, Central Core, 108 W Hyman Avenue 1, Aspen, CO; Sold Price: $3.2M/$2,794 sq ft. Furnished; Sold Date: 05/14/2024. Ask Price: $3.47M (Original Price: $3.7 and on the market since 05/01/2023.) This is a 1969 built and 2011 remodeled, 3 bedroom 1 bath/ 3/4-1 half-bath, 1,145 sq ft townhome. Tim’s comments: Prime located, rare three-bedroom, three-bathroom townhome just 2.5 blocks from the center of downtown Aspen. This two-story corner unit faces southeast with Aspen Mountain, (and towards Independence Pass), views with abundant natural light. Features include a strong rental history, in-unit washer and dryer, A/C, and a patio with seating and grill. Building amenities include two parking spaces, owner storage, pet allowance, and short-term rentals with a permit. The complex has only nine townhome units, low HOA dues. 2022 Taxes: $4,578; HOA Dues: $9,572. Under Contract Date: 02/28/2024; Sold Date: 05/14/2024. (Photos courtesy of Douglas Elliman Real Estate)

MLS # 183737 – Smuggler, City TDR (Transferrable Development Right), Aspen, CO; Vacant land / lot for sale,  Sold Price: $625,000. Sold Date: 05/17/2024. More details below photos.

MLS # 183737 – Smuggler, City TDR (Transferrable Development Right), Aspen, CO; Vacant land / lot for sale,  Sold Price: $625,000. Sold Date: 05/17/2024. Ask Price: $650,000. (Original Price: $650,000 and on the market since 05/17/2024). Tim’s comments: Sold before MLS. One City of Aspen TDR provides the right for a property owner to add 250 sq ft additional space to enlarge a portion of their home, mostly used for remodels/renovations. (See TDR article) Under Contract Date: 05/17/2024; Sold Date: 05/17/2024. (Photos courtesy of Setterfield & Bright)

MLS # 183690 – 914 Waters Condominiums, Central Core, 914 Waters Avenue P1, Aspen, CO; Vacant land / lot for sale,  Sold Price: $250,000. Sold Date: 04/01/2024. More details below photos.

MLS # 183690 – 914 Waters, Central Core, 914 Waters Avenue P1, Aspen, CO; Vacant land / lot for sale – downtown parking space,  Sold Price: $250,000. Sold Date: 04/01/2024. Ask Price: $299,000. (Original Price: $299,000 and on the market since 05/13/2024). Tim’s comments: Ideal for owners who want year-round parking in downtown Aspen or guaranteed off-street parking. Importantly, the 16-foot-wide spot can comfortably fit an SUV or two smaller cars tightly. 2023 Taxes: $26.48. Under Contract Date: 03/22/2024; Sold Date: 04/01/2024. (Douglas Elliman Real Estate)

MLS # 182020 – Melton Ranch Subdivision, Snowmass Village, 351 Meadow Road, Snowmass Village, CO; Sold Price: $3.7M/$1,708 sq ft. Unfurnished; Sold Date: 05/15/2024. More details below photos. 

 

MLS # 182020 – Melton Ranch Sub., Snowmass Village, 351 Meadow Road, Snowmass Village, CO; Sold Price: $3.7M/$1,708 sq ft. Unfurnished; Sold Date: 05/15/2024. Ask Price: $3.75M (Original Price: $3.995M and on the market since 12/20/2023.) This is a 1968 built, 5 bedroom 2 bath/ 1 half-bath, 2,166 sq ft single-family home with 2 car garage on a 21,856 sq ft lot, or 0.5 acres. Tim’s comments: This is one of the lowest priced recent home sales with the Aspen-Snowmass Village area in the Aspen School District. Experience the charm of Snowmass Village living in this updated 5-bedroom home in Melton Ranch. Enjoy a spacious backyard with stone patio, gas fire pit, and brand-new Bullfrog hot tub. The main level features a guest bedroom/office, contemporary vinyl flooring, and a wood-burning fireplace. Upstairs, find three more bedrooms and a luxurious primary suite. Plans for a 1,100 sq. ft. expansion would enhance the property with a main-level primary suite and open-concept living area. Conveniently located near the Rim Trail with easy access to the Snowmass Village skier shuttle and school bus. 2023 Taxes: $4,584; HOA Dues: $150. Under Contract Date: 03/06/2024; Sold Date: 05/15/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 183086 – Woodbridge Condominiums, Snowmass Village, 35 Upper Woodbridge Road Unit 7CD, Snowmass Village, CO; Sold Price: $1.46M/$1,580 sq ft. Furnished; Sold Date: 05/14/2024. More details below photos. 

 

MLS # 183086 – Woodbridge Condos, Snowmass Village, 35 Upper Woodbridge Road Unit 7CD, Snowmass Village, CO; Sold Price: $1.46M/$1,580 sq ft. Furnished; Sold Date: 05/14/2024. Ask Price: $1.475 (Original Price: $1.475 and on the market since 04/01/2024.) This is a 1973 built, 2 bedroom 2 bath/ 1,596 sq ft condo. Tim’s comments: This top-floor Woodbridge Condo offers stunning views of Snowmass Ski area. With two bedrooms, two bathrooms, and a loft, there’s plenty of room for guests. Lots of natural light, vaulted ceilings, and wood flooring throughout. The private south-facing deck is excellent for BBQs. The kitchen features granite countertops and stainless steel appliances. Other highlights include a custom gas fireplace and in-unit washer/dryer. Convenient parking and access to the Snowmass shuttle bus. Secure storage for skis and snowboards. Residents will soon enjoy new pool, gym, and spa amenities. Sold furnished, offering a convenient lifestyle in Snowmass Village. 2023 Taxes: $3,352; HOA Dues: $18,056. Under Contract Date: 03/22/2024; Sold Date: 05/14/2024. (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 182049 – Snowmass Mountain Condos, Snowmass Village, 55 Upper Woodbridge Road E-2, Snowmass Village, CO; Sold Price: $1.25M/$1,250 sq ft. Furnished; Sold Date: 05/13/2024. More details below photos. 

 

MLS # 182049 – Snowmass Mountain, Snowmass Village, 55 Upper Woodbridge Road E-2, Snowmass Village, CO; Sold Price: $1.25M/$1,250 sq ft. Furnished; Sold Date: 05/13/2024. Ask Price: $1.395M (Original Price: $1.495 and on the market since 12/22/2023.) This is a 1973 built and 2023 remodeled, 2 bedroom 2 bath, 1,000 sq ft condo with assigned car garage. Tim’s comments: Exquisite two-bedroom, two-bath condominium with down valley views. Newly remodeled with all new appliances, TV, and carpeting. Features include extensively remodeled kitchen and baths with Granite countertops, new drapes, and freshly painted interiors. Includes covered parking for two cars, large locked storage room, and top-quality Romweber furniture. Access to recently remodeled gym, pool, hot tub, conference room, and HOA offices. Ready to move in today! 2022 Taxes: $2,118; HOA Dues: $13,076. Under Contract Date: 03/27/2024; Sold Date: 05/13/2024. (Photos courtesy of Engel & Völkers)

MLS # 180952 – Seasons 4 Condos, Snowmass Village, 35 Lower Woodbridge Road 181, Snowmass Village, CO; Sold Price: $1M/$1,054 sq ft. Furnished; Sold Date: 05/07/2024. More details below photos. 

 

MLS # 180952 – Seasons 4 Condos, Snowmass Village, 35 Lower Woodbridge Road 181, Snowmass Village, CO; Sold Price: $1M/$1,054 sq ft. Furnished; Sold Date: 05/07/2024. Ask Price: $1.099M (Original Price: $1.25 and on the market since 09/07/2023.) This is a 1971 built and 2007 remodeled, 2 bedroom 2 bath, 9,710 sq ft condo. Tim’s comments: Desirable 2-bedroom, 2-bathroom Snowmass Village condominium with wood floors and modern furnishings (2019). Features include a washer and dryer, easy access to shuttle bus for skiing, and proximity to pool and hot tub. Well-maintained and leased until 4/19/24 at $5000/mo. One dog permitted. 2023 Taxes: $1,959; HOA Dues: $14,320. Under Contract Date: 04/06/2024; Sold Date: 05/07/2024. (Photos courtesy of Coldwell Banker Mason Morse)

MLS # 183021 – Lazy Glen Mobile Home Park, Old Snowmass, 83 Lazy Glen, Snowmass, Aspen, CO; Sold Price: $499,000/$423 sq ft. Unfurnished; Sold Date: 05/17/2024. More details below photos. 

 

MLS # 183021 – Lazy Glen, Old Snowmass, 83 Lazy Glen, Snowmass, Aspen, CO; Sold Price: $499,000/$423 sq ft. Unfurnished; Sold Date: 05/17/2024. Ask Price: $499,000 (Original Price: $499,000 and on the market since 03/26/2024.) This is a 1972 built, 3 bedroom 1 bath, 1,178 sq ft single-family home on a 8,182 sq ft lot, or 0.19 acres. Tim’s comments: Affordable housing opportunity in Lazy Glen, just 15 minutes from Aspen! This 1,178 sqft home includes a mobile home with an addition, totaling 3 bedrooms and 1 bathroom on a fenced 8,182 sqft lot. Upgrades include new kitchen cabinets, countertops, appliances, remodeled bathroom, and newer roof and siding. Features wood-burning stove, fenced yard, wood shed, and additional storage. Located on a cul-de-sac with RFTA bus service and dog-friendly. HOA dues $325/mo include capital reserve assessment and standard dues. Deed restricted to Resident Occupied (RO) by APCHA, requiring minimum 1500 hrs/yr work in Roaring Fork Valley and owner occupancy. 2023 Taxes: $802; HOA Dues: $3,900. Under Contract Date: 04/02/2024; Sold Date: 05/17/2024. (Photos courtesy of Janet Mitchell & Co)

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