Aspen Real Estate Market  Last Week’s Sales: Jan 6 – 13, 19 – Week 2

Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract / Pending (6).

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 6 – 13, 2019 Aspen CO real estate market activity, Week 2

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: 140966, 149938, 152215, 154087, 154664, 155638, 156373, 156821, 157113, 157444. This link is valid until 2/12/2019.

Under Contract/Pending (6)MLS#s: 151511, 157373, 147058, 149121, 155079, 155848. This link is valid until 2/12/2019.

Sold Properties Last Week:

MLS #154664 – Pioneer Spring, Snowmass Village, 412 Pioneer Springs Ranch Road, Aspen, CO: Sold Price: $14,300,000/$1,086 sq ft; furnished. More details below photos.

MLS #154664 – Pioneer Spring, Snowmass Village, 412 Pioneer Springs Ranch Road, Aspen, CO: Sold Price: $14,300,000/$1,086 sq ft; furnished. Aspen home for sale. Ask Price: $15,600,000. (Original Price: $25M/$1,898 sq ft and on/off the market since 07/07/2008.) This is a 2004 built, 7 bedroom/7 bath/4 half-bath, 13,167 sq ft single family home with 3 car garage on a 40.54 acres lot. Tim’s Notes: The property is located off Brush Creek Rd on the west side of the road. It is a beautiful contemporary home in a remarkably unique location called Pioneer Springs surrounded by 600 acres of sub-division open space and then BLM land beyond. Bike, hike, ATV – an outdoor wonderland 12 min to downtown Aspen right outside one’s door. Broker comments are “Unparalleled access to the outdoors sets this multi-generational property apart from any other in Aspen/Snowmass. Ideally located four minutes from the slopes and shops of Snowmass Village, and ten minutes from the town of Aspen lies Pioneer Canyon Ranch. An unprecedented, timeless, 13,167 square foot, seven bedroom private retreat built to delight the entertainer and outdoor enthusiast alike. The indoor and outdoor space opens to dramatic views of mountain peaks and the expanses of nature. Connect immediately to nature with private trail access. Ideal for family and friends with grand entertainment spaces that encompass the home and outdoor living. Unplug to serenity or amp up the fun factor on your own private ATV/Snowmobile trail – all at Pioneer Canyon Ranch.” 2017 taxes: $32,273; HOA Dues:$7,200. Under Contract Date: 11/10/2018; Sold Date: 01/11/2019. (Photos and broker comments courtesy of Compass)

MLS #154087 – West End, 309 N Third Street, Aspen, CO: Sold Price: $4,600,000/$1,602 sq ft; furnished. More details below photos.

MLS #154087 – West End, 309 N Third Street, Aspen, CO: Sold Price: $4,600,000/$1,602 sq ft; furnished. Aspen home for sale. Ask Price: $4,795,000. (Original Price: $5,300,000 and 235 days on the market since 05/18/2018.) This is a 2002 built, 3 bedroom/2 bath/1 half-bath, 3,027 sq ft single family home with 1 car garage on a 3,000 sq ft lot.  Tim’s notes: This is a terrific West End starter home with separate caretaker or nanny apartment or arguably a tear-down home selling at, or close to, lot value. Broker comments are “This completely turn key, Earl Anderson designed modern home in Aspen’s desirable & convenient West End delivers a warm contemporary style. The 3 bedroom 2 and one half bath main home offers an open concept main level with 20 foot vaulted ceilings and ample windows. The airy, spacious and light filled main living area is enhanced by an arched staircase and second floor landing juxtaposing the structure’s shape and window angles. The master bedroom suite and beautiful master bath delight the viewer with lots of natural light and views to Red Mountain and Smuggler Mountain. A separate lower level one bedroom one bath apartment/caretaker unit offers 764 square feet of additional space for guest overflow or the perfect rental income opportunity. Separate secure storage space is also available on the lower level. The home’s signature “eyebrow” front awnings and rounded entry deck are the perfect unexpected details to this one of a kind property. With a one car garage, two carport spaces and one off street space, parking is ample for owners and guests alike. Only a one block walk to the cross town Shuttle ski shuttle to Aspen Mtn., and three blocks to the RFTA bus that goes to Highlands and Snowmass. For summer users, it is just four blocks to Music Festival and Aspen Institute campuses.” 2017 taxes: $4,358. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/12/2018; Sold Date: 01/08/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty – Durant)

MLS #155638 – Mountain Valley Subdivision, East Aspen, 76 Mountain Laurel Lane, Aspen, CO: Sold Price: $2,500,000/$1,269 sq ft; unfurnished. More details below photos.

MLS #155638 – Mountain Valley Subdivision, East Aspen, 76 Mountain Laurel Lane, Aspen, CO: Sold Price: $2,500,000/$1,269 sq ft; unfurnished. Aspen homes for sale. Ask Price: $2,585,000. (Original Price: $2,585,000 and 160 days on the market since 07/31/2018.) Tim’s Notes: Charming small home with big views located about 1 – 1 1/2 miles east of the town of Aspen selling at or near lot value. This is a 1979 built, 3 bedroom/2 bath, 1,970 sq ft single family home with 1 car garage on a 17,080 sq ft lot. Broker comments are “This charming home nestled on Mountain Laurel Ln boasts exquisite 180 degree views from Independence Pass to Mount Sopris. Located on a short road without any cross traffic, it is the perfect spot for a family with young children. With three bedrooms, this home is in great condition and is a perfect entry residence into the Aspen market. Wonderfully livable while you design your addition. The 17,080 sq ft single family lot allows for additional square footage if buyer wishes to redevelop the property. This zone allows for 3,500 sq ft above ground plus up to 4,000 st subgrade, and 750 sq ft garage. However, you must purchase a TDR if your square footage exceeds 5,750 sq ft.” 2017 taxes: $3,735; HOA Dues: $200. Under Contract Date: 08/29/2018; Sold Date: 01/07/2019. (Photos and broker comments courtesy of Compass)

MLS #157113 – Smuggler Mobile Park, 228 Cottonwood Lane, Aspen, CO: Sold Price: $730,000/$852 sq ft; unfurnished. More details below photos.

MLS #157113 – Smuggler Mobile Park, 228 Cottonwood Lane, Aspen, CO: Sold Price: $730,000/$852 sq ft; unfurnished. Aspen homes for sale. Ask Price: $799,000. (Original Price: $799,000 and 28 days on the market since 12/07/2018.) This is a 1968 built and 2017 remodeled, 2 bedroom/1 3/4-bath, 856 sq ft single family home on a 2,779 sq ft lot. No broker comments. 2017 taxes: $1,145; HOA Dues: $3,600. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/19/2018; Sold Date: 01/04/2019. (Photos and broker comments courtesy of Christie’s International Real Estate Aspen Snowmass)

MLS #157444 – Maroon Creek Townhome, West Aspen, 408 Oregon Trail, Aspen, CO: Sold Price: $5,575,000/$1,203 sq ft; furnished. More details below photo.

MLS #157444 – Maroon Creek Townhome, West Aspen, 408 Oregon Trail, Aspen, CO: Sold Price: $5,575,000/$1,203 sq ft; furnished. Aspen townhomes for sale. Ask Price: $5,575,000. (Original Price: $5,575,000 and 111 days on the market since 09/19/2018.) This is a 1998 built, 4 bedroom/4 bath/1 half-bath, 4,633 sq ft townhome with 2 car garage on a 4,513 sq ft lot. Broker comments are “Sold before MLS.” 2018 taxes: $9,694; HOA Dues:$23,028. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/28/2018; Sold Date: 01/08/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #156821 – Riverside Subdivision, East Aspen, 1395 Riverside Drive, Aspen, CO: Sold Price: $4,675,000/$1,089 sq ft; furnished. More details below photos.

MLS #156821 – Riverside Subdivision, East Aspen, 1395 Riverside Drive, Aspen, CO: Sold Price: $4,675,000/$1,089 sq ft; furnished. Aspen duplex/half-duplex for sale. Ask Price: $4,950,000. (Original Price: $4,950,000 and 400 days on the market since 02/17/2017.) This is a 1999 built, 4 bedroom/4 bath/1 half-bath, 4,291 sq ft duplex/half-duplex with 2 car garage. Broker comments are “Just a 5 minute walk to Aspen’s downtown core over the Roaring Fork River, this townhome lives like a single family home with southern exposure, beautiful Aspen Mountain views, 2-car garage and air-conditioning in master bedroom and upper level. Open floorplan with high ceilings and generous living spaces, mudroom, 2 decks plus outdoor space for dogs. Enjoy a private entry-level master suite, separate family room and huge lower level window wells letting in tons of light. Hop on the adjacent bike path or free shuttle to town – this home is an excellent value in the Aspen market.” 2017 taxes: $10,648. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/21/2018; Sold Date: 01/07/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #149938 – West Aspen/Cemetery Lane Area, 1655 Silver King Drive, Aspen, CO: Sold Price: $4,195,000/$1,088 sq ft; unfurnished. More details below photos.

MLS #149938 – West Aspen/Cemetery Lane Area, 1655 Silver King Drive, Aspen, CO: Sold Price: $4,195,000/$1,088 sq ft; unfurnished. Aspen duplex/half-duplex for sale. Ask Price: $4,195,000. (Original Price: $4,495,000 and 574 days on the market since 06/15/2017.) This is a 1974 built and 2016 remodeled, 3 bedroom/3 bath/1 half-bath, 3,854 sq ft duplex/half-duplex with 2 car garage on a 9,000 sq ft lot. Broker comments are “Lovely mid-century modern half-duplex, lives like a single residence, located on a private, peaceful West Aspen lot with seasonal stream, shade and moss gardens. Three-bedroom, 3.5-bathroom light-filled Euro-spaces on 2 levels, all above grade, thoughtfully re-modeled by international/national award-winning architect. Wonderful spaces for warm gatherings or retreats, passive solar, shade in summer, sunshine in winter, wood-burning fireplaces with several outdoor living spaces. Seasonal views to Buttermilk Ski Area and Independence Pass/Shadow Mountain. Additional FAR: 100sf above grade or 500sf basement below grade.” 2017 taxes: $8,331. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/26/2018; Sold Date: 01/10/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #140966 – Central Core Commercial, 630 E Hyman Ave #104, Aspen, CO: Sold Price: $430,000/$725 sq ft. More details below photos.

MLS #140966 – Central Core Commercial, 630 E Hyman Ave #104, Aspen, CO: Sold Price: $430,000/$725 sq ft. Aspen commercial industria for sale. Ask Price: $539,900. (Original Price: $599,000 and 1,216 days on the market since 09/10/2015.) This is a 1969 built, 593 sq ft commercial industria. Broker comments are “Downtown street level interior commercial space offered for sale in the newly remodeled Crandall Building. Unbeatable location just a few blocks from the gondola and across from the Aspen Art Museum. Ideally suited for an office, gallery, studio, etc. Several established businesses currently located within the building generating daily foot traffic.” 2017 taxes: $4,825; HOA Dues: $483 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/06/2018; Sold Date: 01/08/2019. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #152215 – Base Village/Limelight Hotel Condo, 65 Wood Road 506, Snowmass Village, CO: Sold Price: $1,675,000/$1,219 sq ft. More details below photos.

MLS #152215 – Base Village / Limelight Hotel Condo, 65 Wood Road 506, Snowmass Village, CO: Sold Price: $1,675,000/$1,219 sq ft. Snowmass Village condos for sale. Ask Price: $1,675,000. (Original Price: $1,675,000 and 360 days on the market since 01/12/2018.) This is a 2018 built, 2 bedrooom/2 bath, 1,373 sq ft condo. Broker comments are “Only eleven lucky families will call the Limelight Residences Snowmass home. New two-bedroom residence with an outdoor deck off great room featuring views of the plaza and ice-skating rink Gaggenau kitchen appliances—the finest in contemporary European styling Great room that features a cozy white marble fireplace surround with custom wood cabinetry providing ample storage Center kitchen island in Caesarstone with adjoining dining room table perfect for entertaining Master bedroom suite with cozy fireplace and outdoor deck.” 2018 taxes: $12,278; HOA Dues: $24,916 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/09/2018; Sold Date: 01/07/2019. (Photos and broker comments courtesy of SV Real Estate)

MLS #156373 – Horse Ranch Subdivision, 365 Branding Lane, Snowmass Village, CO; Vacant lot Sale; Sold Price: $1,225,000. More details below photos.

MLS #156373 – Horse Ranch Subdivision, 365 Branding Lane, Snowmass Village, CO; Vacant lot Sale: Sold Price: $1,225,000. Snowmass Village lots for sale. Ask Price: $1,345,000. (Original Price: $1,345,000 and 605 days on the market since 04/04/2017.) This is a 22,990 sq ft single family vacant lot. Broker comments are “Horse Ranch lot 7 is an amazing opportunity to own one of the remaining homesites in Snowmass Village. The Horse Ranch neighborhood is a prized location for privacy, acreage, and remarkable views. Plans are underway with F&M Architects for a 3,500 square foot home that highlights the abundant sun, ability to live on two levels, and a way to truly enjoy the indoor/outdoor Colorado lifestyle.” 2017 taxes: $15,783; HOA Dues: $190. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/19/2018; Sold Date: 01/09/2019. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)

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