Aspen Real Estate Market  Last Week’s Sales: Jan 13 – 20, 19 – Week 3

Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract / Pending (11).

The Dec 2018 and 2018 YR Aspen Snowmass Village Real Estate Market Snapshot Report is posted in Current Reports.  The Monthly Snapshots are posted on or near the 1st Mon. of every month.

The updated Pace of Sales Charts Q1 2007 through Q4 2018 were posted in Charts on Jan 2, 19. These answer the question “Where are we now compared to prior periods?” and indicate market direction with trend lines.

Bi-Annual – Estin Report: Aspen Snowmass Real Estate 2018 YTD and 2017 YR 

Blog Post: Jan 13 – 20, 2019 Aspen CO real estate market activity, Week 3

Weekly Aspen and Snowmass CO real estate sales activity appears below for sold and under contracts properties in the upper Roaring Fork Valley over $250,000 – for Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass. Fractional sales are not included. Photos and written descriptions of sold properties are posted here as the MLS links below expire after 30 days. For earlier dates, see the Estin Report blog archives starting in 2008 at the bottom of the page. Or use SearchEstinAspen in the menu bar to search by topic, address, subdivision, complex, date, etc.  If it’s about Aspen real estate, the information should be here.

Closed (10):  MLS#s: 153939, 154390, 156322, 156456, 156784, 156992, 156995, 157066, 157582, 157589. This link is valid until 2/18/2019.

Under Contract/Pending (11): MLS#s: 146817, 152066, 154551, 154826, 156477, 157093, 157136, 157386, 157387, 157464, 157513. This link is valid until 2/18/2019.

Sold Properties Last Week:

MLS #154390 – Silverlode Subdivision, Smuggler Area, 355 Silverlode Drive, Aspen, CO: Sold Price: $5,500,000/$1,255 sq ft; unfurnished. More details below photos.

MLS #154390 – Silverlode, Smuggler, 355 Silverlode Drive, Aspen, CO: Sold Price: $5,500,000/$1,255 sq ft; unfurnished. Aspen home for sale. Ask Price: $5,750,000. (Original Price: $6,495,000/$1,482 sq ft and 440 days on/off the market since 05/30/2017.) This is a 1997 built, 4 bedroom/4 bath/2 half-bath, 4,382 sq ft single family home with 2 car garage on a 15,646 sq ft lot. Broker comments are “Views, views, views. Red Mountain views without the steep road. Great open floor plan with den and office perfect for family use and enjoyment. Faces straight towards Aspen Mountain ski runs, snow capped peaks beyond and south west sunsets. Lots of volume, nice finishes, well maintained and in great condition. Views from virtually every room, sunny south facing location in town. Get a head start on the Smuggler hike and walk or bike to town. Great value.” 2017 taxes: $9,592; HOA Dues: $800 per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/11/2018; Sold Date: 01/11/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #156322 – Townsite of Aspen, West End – at S-Turn entry into Aspen, 834 W Hallam Street, Aspen, CO: Sold Price: $3,125,000/$1,131 sq ft; unfurnished. More details below photo.

MLS #156322 – Townsite of Aspen, West End – at the S-Turn entry into Aspen, 834 W Hallam Street, Aspen, CO: Sold Price: $3,125,000/$1,131 sq ft; unfurnished. Aspen home for sale. Ask Price: $3,495,000. (Original Price: $3,495,000 and 175 days on the market since 07/27/2018.) This is a 1886 built, 2 bedroom, 2,762 sq ft single family home on a 6,600 sq ft lot. Broker comments are “Originally home to Poppies Bistro next to th US Forest Service Ranger Station, this 6,600 s.f. property offers an unique opportunity have a corner commercial property at the entrance to Aspen in a residential area. This lot has amazing flexibility being zoned mixed use, this property can use as commercial, residential, mixed use, affordable housing. Part of the house is Historic and has the associated bonus that comes with a designated historic property.” 2018 taxes: $4,312. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/29/2018; Sold Date: 01/18/2019. (Photos and broker comments courtesy of Compass)

MLS #156992 – Victoria Square, West End, 728 W Bleeker Street, Aspen, CO: Sold Price: $4,000,000/$951 sq ft; partially furnished. More details below photos.

MLS #156992 – Victoria Square Townhomes, West End, 728 W Bleeker Street, Aspen, CO: Sold Price: $4,000,000/$951 sq ft; partially furnished. Aspen duplex/half-duplex for sale. Ask Price: $4,295,000. (Original Price: $4,295,000 and 583 days on the market since 06/09/2017.) This is a 1980 built, 3 bedroom/3 bath/2 3/4-bath, 4,204 sq ft duplex/half-duplex with 2 car garage. Tims Notes: The property is located 1/4 block from the S-Turn entry into Aspen and will require extensive updating work to maximize value. Broker comments are “Half Duplex in the quite West End for $1000 per sq ft. Located on a dead end street with no through traffic, kids can play in the street. Walk to everything or catch the Downtowner for a free ride anywhere in town, even the slopes. South facing with lots of sun, 2 story windows and high ceilings. Huge 2 car garage, a family room so big it’s got a pool table, media area, bar, and Murphy Bed. South facing windows with huge window wells, so it’s very bright. All bedrooms are big, great closets, storage, and a yard! All new interior white paint. At this price, of course it needs a little work, but it can be done a bit at a time, all at once or none at all. THE best buy in the West End. It’s very hard to find these features at this price in one of the most sought after neighborhoods in Aspen.” 2017 taxes: $8,500; HOA Dues: $8,400. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/12/2018; Sold Date: 01/18/2019. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS #157066 – Central Core, 210 E Cooper Avenue Unit #3G, Aspen, CO: Sold Price: $2,225,000/$2,282 sq ft; unfurnished. More details below photos.

MLS #157066 – Central Core, 210 East Cooper Condominiums, 210 E Cooper Avenue Unit #3G, Aspen, CO: Sold Price: $2,225,000/$2,282 sq ft; unfurnished. Aspen condo for sale. Ask Price: $2,250,000. (Original Price: $2,250,000 and 45 days on the market since 12/04/2018.) This is a 1965 built and 2018 remodeled, 2 bedroom/2 bath, 975 sq ft condo. Broker comments are “Immaculate, remodeled contemporary two bedroom condo located in downtown Aspen with views and underground parking. This top floor, end unit is immersed in comfort and convenience. The views are incredible while looking from inside the fresh new interior. Walk to Wagner Park, a half a block away or Aspen Mountain, just a couple blocks away. This property pronounces itself as a long awaited opportunity to own an impeccable home that will prove to be as valuable as the lifestyle you cherish and dream of in Aspen Colorado.” 2017 taxes: $2,939; HOA Dues: $6,936. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/10/2018; Sold Date: 01/18/2019. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #156995 – Little Nell Condominiums, Central Core, 611 S West End Street #3, Aspen, CO: Sold Price: $800,000/$1,307 sq ft; furnished. More details below photos.

MLS #156995 – Little Nell Condos, Central Core, 611 S West End Street #3, Aspen, CO: Sold Price: $800,000/$1,307 sq ft; furnished. Aspen condo for sale. Ask Price: $825,000. (Original Price: $825,000 and 49 days on the market since 11/26/2018.) This is a 1968 built and 2014 remodeled, 1 bedroom/1 bath, 612 sq ft condo. Broker comments are “A delightful, immaculate furnished one bedroom in the heart of town. Assigned off-street parking, a separate personal ski locker, plus bike storage, make this property particularly appealing. New gas fireplace. South-facing, very private patio. Building, which contains only 11 condos and which is adjacent to Glory Hole Park, went through a significant exterior update in 2016, and it’s all fresh and current. The renovation added nearly 70 sq ft more to this unit. Two block walk to the gondola. Ideal for couple, bachelor, pilot, housekeeper. (Note that some accessories are excluded – inventory available).” 2017 taxes: $1,870; HOA Dues: $5,475. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/17/2018; Sold Date: 01/14/2019. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)

MLS #153939 – Starwood Subdivision, McLain Flats, TBD Eppley Drive, Aspen, CO; Vacant Lot for Sale; Sold Price: $2,600,000. More details below photos.

MLS #153939 – Starwood, McLain Flats, TBD Eppley Drive, Aspen, CO; Vacant Lot for Sale; Sold Price: $2,600,000. Aspen lot for sale. Ask Price: $2,800,000. (Original Price: $3,500,000 and 252 days on the market since 05/10/2018.) This is a 2.35 acres single family vacant lot. Broker comments are “3 TDRS are included in the asking price. (Each TDR – Transferrable Development Right – is valued at approx $235,000 and each yields 2,500 sq ft additional development right.) Beautiful lot in Starwood. Has incredible valley-wide views. Plans for a proposed residence available upon request. See video for proposed home, designed by KADesignworks. **Seller has informed Listing Broker and Brokerage Firm of Seller’s existing Bankruptcy situation, which creates both a need to sell the Property, and additional time in accomplishing a Sale (including the need to obtain the agreement of the Bankruptcy Court in satisfaction of Seller’s existing obligations).” 2017 taxes: $54,422; HOA Dues: $816 per Yr. Under Contract Date: 10/19/2018; Sold Date: 01/17/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Basalt)

MLS #157582 – Smuggler, 777 Gibson Avenue, Aspen, CO: Sold Price: $725,000. More details below photo.

MLS #157582 – Smuggler Area, 777 Gibson Avenue, Aspen, CO: Sold Price: $725,000. Aspen lot for sale. Ask Price: $725,000. (Original Price: $725,000 and 49 days on the market since 11/01/2018.) This is a 32,670 sq ft single family vacant lot. Tim’s comments: I believe this was a transaction between family members. A recent sale on 8/22/18 at 931 Gibson closed at $4.95M for a 15,497 sq ft lot in R15A Zone District; and 931 Gibson is currently for sale at $5.5M for a 22,259 sq ft lot in the R6 Zone. No broker comments. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/20/2018; Sold Date: 12/20/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #157589 – Wood Run Subdivision, 43 Village Run Circle, Snowmass Village, CO: Sold Price: $4,220,000/$1,095 sq ft; furnished. More details below photos.

MLS #157589 – Wood Run, 43 Village Run Circle, Snowmass Village, CO: Sold Price: $4,220,000/$1,095 sq ft; furnished. Snowmass Village homes for sale. Ask Price: $4,250,000. (Original Price: $4,250,000 and 323 days on the market since 03/01/2018.) This is a 1984 built, 5 bedrooom/5 bath/1 half-bath, 3,852 sq ft single family home with 2 car garage on a 30,000 sq ft lot. Tim’s comments: The property is located lower down on Wood Run making it very attractive for its walkability and convenience to the Base Village, Snowmass services and less driving. A unique location. The home has large bedrooms, high ceilings, with big views and went under contract in early June 2018. Buyer pays Wood Run Place HOA dues of $2,150 per quarter for use of pool and clubhouse facilities. Broker comments are “Direct ski in/out to Funnel Ski Run and Snowmass Village Gondola. Wonderful family home with five bedrooms, five and one-half baths. Enjoy views of the skiers and beautiful down valley vistas. Open floor plan for family and friends to gather in the living, dining and kitchen area. Excellent location to the Base Village. Ski, bike, hike right out your door and enjoy a good soak in the hot tub at the end of your adventure each day! Enjoy access to the Woodrun V Townhomes’ pool, jacuzzis and meeting rooms. Access to WRV management – see listing agent for more details. Fantastic location and great opportunity.” Village Run Circle is part of the Wood Run V sub-division and home owners in the subdivision pay a small fee to use the pool and clubhouse facilities – HOA dues consist of WRV HOA dues of $2,150.27 per quarter and $90/year to Snowmass Homeowners’ Association. 2016 taxes: $13,012. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/10/2018; Sold Date: 01/18/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #156456 – Country Club Homes, 23 St. Andrews Court 79, Snowmass Village, CO: Sold Price: $3,020,000/$1,081 sq ft; furnished. More details below photos.

MLS #156456 – Country Club Homes, 23 St. Andrews Court 79, Snowmass Village, CO: Sold Price: $3,020,000/$1,081 sq ft; furnished. Snowmass Village townhomes for sale. Ask Price: $3,250,000. (Original Price: $3,250,000 and 94 days on the market since 10/12/2018.) This is a 1989 built and 2012 remodeled, 4 bedrooom/3 bath/1 3/4-bath, 2,792 sq ft townhome with 2 car garage. Broker comments are “Unsurpassed views and privacy from this spacious and sunny 3 bedroom/den + 4 bath townhome; Phase III with the ”A” floorplan, the windows, light, privacy and quiet location are superb. Great room, kitchen, dining, den/bath + huge entertaining deck all live on the top level with amazing views. Swamp cooler and furnished. Vaulted ceilings, wood-burning fireplace and incredible windows on 3 sides to enjoy the wildlife. Open kitchen with walk-in pantry and perfect for entertaining. A place for everything, abundant storage, 2-car garage, private large hot tub where all guests can access from their own suite. Den has pocket doors for overflow of guests. Free-shuttle to skiing. Seconds to The Snowmass Club for all your athletic needs and great restaurants. Quiet & private.” 2017 taxes: $8,400; HOA Dues: $18,360. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/09/2018; Sold Date: 01/14/2019. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)

MLS #156784 – Woodbridge, 35 Upper Woodbridge Road 23-EF, Snowmass Village, CO: Sold Price: $515,000/$561 sq ft; furnished. More details below photos.

MLS #156784 – Woodbridge, 35 Upper Woodbridge Road 23-EF, Snowmass Village, CO: Sold Price: $515,000/$561 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $525,000. (Original Price: $525,000 and 64 days on the market since 11/12/2018.) This is a 1973 built and 2010 remodeled, 2 bedrooom/2 bath/1 loft, 918 sq ft condo. Broker comments are “Top floor, 2 bedroom + loft totally refreshed. Granite countertops, stainless appliances, tile in living area, kitchen and recently accesorized located across from the pool and laundry center. Beautiful views from Red Mountain, towards Independence Pass, all the way to Snowmass Mountain from the living spaces and deck. Peaceful and quiet views from both bedroom suites on the west side with the late afternoon sun. Happy, and bright wood-burning fireplace, ski storage and steps to the Village Shuttle. Amenities include, pool, hot tub, laundry center and convenient and coveted walking paths that encompass the entire village.” 2017 taxes: $1,779; HOA Dues: $11,540. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/06/2018; Sold Date: 01/15/2019. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)

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