Aspen Real Estate Market Last Week’s Sales: April 7 – April 14, 24 – Week 15
Closed (7): MLS#s: 181588, 181732, 175507, 182112, 182337, 182363, 180432. This link is valid until 5/14/2024.
Under Contract/Pending (10): LS#s: 179873, 178303, 182498, 183126, 181836, 182912, 183086, 180952, 181249, 182854. This link is valid until 5/14/2024.
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 # 181588 – Owl Creek, West Aspen, 600 Owl Creek Ranch Road, Aspen, CO; Sold Price: $77M/$6,084 sq ft. Furnished; Sold Date: 04/11/2024. More details below photos.
MLS # 181588 – Owl Creek, West Aspen, 600 Owl Creek Ranch Road, Aspen, CO; Sold Price: $77M/$6,084 sq ft. Furnished; Sold Date: 04/11/2024. Ask Price: $80M (Original Price: $80M and on the market since 11/02/2023) This is a 2022 built, 8 bedroom 8 bath/ 3 half-bath, 12,655 sq ft single-family home with 3 car garage on a 2,647,576 sq ft lot, or 60.78 acres. Tim’s comments: At present, this is the historic highest priced record Aspen real estate transaction. According to the WSJ, it will be eclipsed shortly by an imminent $110M+ sale on Red Mountain. This is a luxurious 12,500 sf mountain retreat, The Ranch at Owl Creek, offering extreme privacy on 60 acres surrounded by 850 acres of open space. The property features include stunning views, the highest end finish materials and craftsmanship, heated swimming pool, hot tubs, trout pond, workout pavilion, movie theater, and wine cellar. Conveniently located halfway between Snowmass and Aspen in one of Aspen’s most beautiful settings, Owl Creek. 2024 Taxes: $129,457; HOA Dues: $37,500. Under Contract Date: 03/22/2024; Sold Date: 04/11/2024
(Photos courtesy of Compass)
MLS # 181732 – Star Mesa, McLain Flats, 1525 Star Mesa Drive, Aspen, CO; Sold Price: $59M/$3,960 sq ft. Sold Date: 04/08/2024. More details below photos.
MLS # 181732 – Star Mesa, McLain Flats, 1525 Star Mesa Drive, Aspen, CO; Sold Price: $59M/$3,960 sq ft. Sold Date: 04/08/2024. Ask Price: $59.5M (Original Price: $59.5M and on the market since 11/17/2023) This is a 1986 built and 2018 remodeled, 9 bedroom 9 bath/ 4 half-bath, 14,898 sq ft single-family home with 4+ car garage on a 1,581,663 sq ft lot, or 36.31 acres. Tim’s comments: Sky Mesa is a spacious compound situated on a high mountain mesa above McLain Flats Road. The property features a seven-bedroom main residence, a two-bedroom guest cabin, spa building, and pool house, all set on over 36 acres of stunning landscape. With floor-to-ceiling windows, expansive decks, and breathtaking majestic views, it’s perfect for gatherings. The property includes multiple ponds, meadows, and private trails. Amenities include two primary suites, a rec room, fully equipped gym, and an indoor/outdoor pool. This sized home cannot be reproduced per Nov 2023 Pitkin County new house size limits to 9,250 sq ft. 2022 Taxes: $62,790; HOA Dues: $8,500. Under Contract Date: 01/12/2024; Sold Date: 04/08/2024(Photos courtesy of Coldwell Banker Mason Morse)
OFF MARKET Ardmore, East Aspen, 24 Ardmore Drive, Aspen, CO; Sold Price: $14.2M. Sold Date: 3/27/2024. More details below photos.
MLS #X Ardmore, East Aspen, 24 Ardmore Drive, Aspen, CO; Sold Price: $14.2M. Sold Date: 3/27/2024. Ask Price: $14.2M (Original Price: $14.2M and on the market since 3/27/2024) This is a 2000 built, 4 bedroom 2 bath/ 1 half-bath, 2,936 sq ft single-family home on a 1.04 acres. Tim’s comments: Off market sale (transaction) that may not have been at arm length. Sold Date: 3/27/2024. No other details.
MLS # 175507 – Aspen Grove – Aspen Grove, East Aspen, 628 McSkimming Road, Aspen, CO; Lot Value Sale; Sold Price: $6M/$1,708 sq ft. Unfurnished; Sold Date: 04/10/2024. More details below photos.
MLS # 175507 – Aspen Grove, East Aspen, 628 McSkimming Road, Aspen, CO; Lot Value Sale; Sold Price: $6M/$1,708 sq ft. Unfurnished; Sold Date: 04/10/2024. Ask Price: $6.995M (Original Price: $9.95M and on the market since 06/15/2022) This is a 1964 built, 4 bedroom 3 bath, 3,512 sq ft single-family home with 2 car garage on a 23,731 sq ft lot, or 0.54 acres. Tim’s comments: Prime property in East Aspen minutes from downtown with unobstructed views of downtown and Aspen Mountain and sweeping 270-degree panorama from Independence Pass to Mt. Sopris. Per public remarks in the MLS, this large private hillside lot, never before offered, allows for up to 6,000 square feet of construction. 2024 Taxes: $7,618. Under Contract Date: 02/29/2024; Sold Date: 04/10/2024 (Photos courtesy of Coldwell Banker Mason Morse)
MLS # 182112 – Deerbrook Townhomes, Snowmass Village, 381 Ridge Road Unit C4, Snowmass Village, CO; Sold Price: $8.9M/$3,038 sq ft. Furnished; Sold Date: 04/05/2024. More details below photos.
MLS # 182112 – Deerbrook, Snowmass Village, 381 Ridge Road Unit C4, Snowmass Village, CO; Sold Price: $8.9M/$3,038 sq ft. Furnished; Sold Date: 04/05/2024. Ask Price: $9.195M (Original Price: $9.475M and on the market since 12/30/2023) This is a 1990 built and 2023 remodeled, 4 bedroom 4 bath/ 1 half-bath, 2,929 sq ft townhome with 1 car garage. Tim’s comments: Experience the meticulous 2023 whole-home remodel, featuring built-in mudroom storage at both entrances, white oak flooring, in-floor radiant heat, and Central A/C. Direct ski-in/ski-out access onto Assay Hill and year-round recreation from the back door. With 4 en-suite bedrooms, a den, and ample natural light, the home offers slope side views of Snowmass Mountain from the outdoor jacuzzi, living room, and primary bedroom. 2023 Taxes: $11,501; HOA Dues: $29,836. Under Contract Date: 03/13/2024; Sold Date: 04/05/2024 (Photos courtesy of Coldwell Banker Mason Morse)
MLS # 182337 – Melton Ranch, Snowmass Village, 46 Meadow Road, Snowmass Village, CO; Sold Price: $4M/$1,430 sq ft. Unfurnished; Sold Date: 04/11/2024. More details below photos.
MLS # 182337 – Melton Ranch, Snowmass Village, 46 Meadow Road, Snowmass Village, CO; Sold Price: $4M/$1,430 sq ft. Unfurnished; Sold Date: 04/11/2024. Ask Price: $4.135M (Original Price: $4.135M and on the market since 01/26/2024) This is a 1974 built and 1999 remodeled, 4 bedroom 3 bath, 7,551 sq ft single-family home with 2 car garage on a 23,871 sq ft lot, or 0.55 acres. Tim’s comments: This spacious, sun-filled single family home has been well maintained and carefully upgraded over the past several years. Well located in lower Melton Ranch with easy access to the ski shuttle, quick stroll to the Snowmass Club and a 5 minute drive to the Snowmass Ski Area. Beautiful views of the Owl Creek Valley to the East and the Snowmass Ski Area to the South. Enjoy four generously sized bedrooms plus a large media room in addition to the main living room, dining, and kitchen areas. Other features are A/C and hot tub with an attached 2-car garage and spacious driveway with ample parking. The home is in the Aspen School District and is one of the least expensive home sales of the past year. 2023 Taxes: $11,457; HOA Dues: $200. Under Contract Date: 02/06/2024; Sold Date: 04/11/2024 (Photos courtesy of Aspen Snowmass Sotheby’s International Realty)
MLS # 182363 – Timberline Condominiums, Snowmass Village, 690 Carriage Way A3F, Snowmass Village, CO; Sold Price: $1,205,200/$1,272 sq ft. Furnished; Sold Date: 04/10/2024. More details below photos.
MLS # 182363 – Timberline Condos, Snowmass Village, 690 Carriage Way A3F, Snowmass Village, CO; Sold Price: $1,205,200/$1,272 sq ft. Furnished; Sold Date: 04/10/2024. Ask Price: $1.295M (Original Price: $1.295M and on the market since 01/29/2024) This is a 1972 built and 2000 remodeled, 1 bedroom 2 bath, 947 sq ft condo. Tim’s comments: This top-floor condo features 1 bedroom + loft, accommodating up to 6 guests comfortably with ski access to Fanny Hill in Snowmass Village. (See Snowmass condo map). There is a bathroom and washer/dryer on each level. Updated kitchen appliances and TVs allow for immediate rental. The complex amenities consist of locked-off storage, slopeside pool, hot tubs, fitness center, and on-site rental/property management. The Edge restaurant provides apres ski and dinner options. The complex will undergo exterior updates starting in Summer 2024, phased for minimal disruption. 2023 Taxes: $2,923; HOA Dues: $13,032. Under Contract Date: 03/06/2024; Sold Date: 04/10/2024 (Photos courtesy of Christie’s International Real Estate Aspen Snowmass)
MLS # 180432 – Lazy Glen Mobile Home Park, Old Snowmass, 94 Lazy Glen, Snowmass, CO; Sold Price: $650,000/$414 sq ft. Unfurnished; Sold Date: 04/04/2024. More details below photos.
MLS # 180432 – Lazy Glen Mobile Home Park, Old Snowmass, 94 Lazy Glen, Snowmass, CO; Sold Price: $650,000/$414 sq ft. Unfurnished; Sold Date: 04/04/2024. Ask Price: $689,000 (Original Price: $799,000 and on the market since 08/01/2023) This is a 2019 built, 4 bedroom 2 bath, 1,568 sq ft single-family home on a 5,344 sq ft lot, or 0.12 acres. Tim’s comments: This 2019 manufactured home, never occupied, offers 4 bedrooms and 2 baths. The open layout connects living, dining, and kitchen areas seamlessly for entertaining. A gourmet eat-in kitchen with gas range and pantry adjoins the laundry room. The primary suite features an en-suite bathroom and walk-in closet. Conveniently located 15 minutes to Aspen, Snowmass, and Basalt. 2022 Taxes: $1,519; HOA Dues: $3,996. Under Contract Date: 02/23/2024; Sold Date: 04/04/2024 (Photos courtesy of Engel & Völkers)
____
