The October 2018 Aspen Snowmass Village Real Estate Market Snapshot Report was posted in Current Reports on Wed Nov 7, 18. The Monthly Snapshots are posted on or near the 1st Mon. of every month.
The updated Pace of Sales Charts Q1 2007 – Q3 2018 were posted in Charts on Oct 4th. These answer the question “Where are we now compared to prior periods?” and indicate market direction with trend lines.
Blog Post: Nov 18 – 25, 2018 Aspen CO real estate market activity, Week 46
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 (4): MLS#s: 154620, 153287, 151935, 156220. This link is valid until 12/24/2018.
Under Contract/Pending (4): MLS#s: 150811, 156349, 156373, 156603. This link is valid until 12/24/2018.
Sold Properties Last Week:
MLS #154620 – East Aspen, 855 Gibson Avenue Unit A (1/2 Duplex), Aspen, CO: Sold Price: $8,750,000/$1,520 sq ft; unfurnished. More details below photos.
MLS #154620 – East Aspen, 855 Gibson Avenue Unit A (1/2 Duplex), Aspen, CO: Sold Price: $8,750,000/$1,520 sq ft; unfurnished. Aspen homes for sale. Ask Price: $10,995,000. (Original Price: $10,995,000 and 133 days on the market since 06/13/2018. The Aspen Times reported this morning that the property sold at $8.55M/$1,486 sq ft but this has not been verified at present.) This is a 1994 built and 2012 remodeled, 5 bedroom/5 bath/1 half-bath/1 den, 5,754 sq ft single family home with 2 car garage on a 27,912 sq ft lot. Tim’s notes: This is a beautiful large 1/2 duplex residence on a sizable flat lot that lives like a single family home. It is located on the front southern row perch of the Smuggler Area facing Aspen Mtn and the RF River – it is a walk-able distance into town, to the Rio Grande Trail and Park and the Smuggler Shuttle Bus is directly across the street. Very convenient just north of the outer perimeter of the Aspen Core. In the winter, the property has open dead-on views of Aspen Mountain and the Roaring Fork River running directly towards the house; in summer, these staggering views are obscured by foliage. The Smuggler area has had sales in the past 1-2 years at $1,500-2,000 sq ft and this was a slam-dunk deal for the buyer at the low end of that range. The seller was an estate divesting the holdings of an individual who passed away suddenly and unexpectedly in his 50’s, and there was motivation to sell the property within a self-imposed 6-month time frame which they accomplished almost to the day. Broker comments are “This mountain contemporary home is the perfect Aspen retreat. Situated on a rare 27,000 square foot lot, this incredible home enjoys south facing views of both Aspen Mountain and the Roaring Fork River. The main floor is sprawling and entertains perfectly as it flows easily to the expansive outdoor patio and grassy lawn. The custom kitchen is open to the formal dining area, and expansive living room with fireplace, soaring ceilings and over-sized windows to enjoy views of Ajax Mountain and the river. The main floor also has a den with custom built-ins, a wet bar and full bathroom. The top floor has an office and spacious air conditioned master suite with a private south-facing balcony, fireplace, and his/hers closets. A walk-out lower level features 3 en suite bedrooms and a living room. Addendum to brokers comments: “The existing homes on this property share one common wall (den) and do not share any common areas, limited common areas or expenses. The yards and entertaining areas are well separated and private. A fantastic income producing 1 bedroom caretaker unit with living area, kitchen and separate entrance currently generates $2,000/month. Apartment is not deed restricted. Unfurnished, artwork excluded.” 2017 taxes: $14,946. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/15/2018; Sold Date: 11/21/2018. (Photos and broker comments courtesy of Whitman Fine Properties)
MLS #153287 – Timber Ridge Condominiums, Central Core, 100 E Dean Street 2E, Aspen, CO: Sold Price: $750,000/$1,102 sq ft; unfurnished. More details below photos.
MLS #153287 – Timber Ridge Condos, Central Core, 100 E Dean Street 2E, Aspen, CO: Sold Price: $750,000/$1,102 sq ft; unfurnished. Aspen condos for sale. Ask Price: $780,000. (Original Price: $879,000 and 222 days on the market since 03/30/2018.) This is a 1965 built, 1 bedroom/1 bath, 680 sq ft condo. Tim’s notes: This location and property will be a prime beneficiary as the Lift 1A area is transformed with more accessible ski access and new commerial lodging, new OneAspen Townhomes and condo development over the next 2-5 years. Broker comments are “Fantastic location, close to everything in the Aspen core. One block from Lift 1A and next to Koch Park, this one bedroom, one bath condo is just a short walk to the gondola, shopping and restaurants. Private deck facing Red Mountain, south facing living room windows and hard to find green space for the complex. Tons of closet and storage space, including a private ski locker. Brand new gas boiler for the unit installed 10/2017.” 2017 taxes: $1,551; HOA Dues: $1,089 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/28/2018; Sold Date: 11/20/2018. (Photos and broker comments courtesy of Aspen Associates Realty)
MLS #151935 – Capitol Peak Condominiums, 110 Carriage Way 3211, Snowmass Village, CO: Sold Price: $800,000/$768 sq ft; furnished. More details below photos.
MLS #151935 – Capitol Peak Condos, 110 Carriage Way 3211, Snowmass Village, CO: Sold Price: $800,000/$768 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $825,000. (Original Price: $899,000 and 1,665 days on the market since 03/23/2014.) This is a 2008 built, 2 bedrooom/2 bath, 1,041 sq ft condo. Broker comments are “Most desirable a building. A short walk to the gondola, this is a perfect ski experience including being a part of the new base village Mountain views from your first class place at Capitol Peak Lodge. Enjoy a 2 -bedroom furnished, luxurious unit equipped with a gas fireplace, high-efficiency washer and dryer, full service concierge, and a reserved parking spot. This unit is beautifully furnished, appointed, and sleeps 6 adults comfortably. Excellent rental history to make it a valuable financial investment as well as a lifestyle investment.” 2016 taxes: $5,956; HOA Dues: $3,302 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/21/2018; Sold Date: 11/19/2018. (Photos and broker comments courtesy of Engel & Volkers)
MLS #156220 – Tamarack Condominiums, 135 Carriage Way 7, Snowmass Village, CO: Sold Price: $655,000/$528 sq ft; furnished. More details below photos.
MLS #156220 – Tamarack Condos, 135 Carriage Way 7, Snowmass Village, CO: Sold Price: $655,000/$528 sq ft; furnished. Snowmass Village townhomes for sale. Ask Price: $660,000. (Original Price: $660,000 and 49 days on the market since 09/25/2018.) This is a 1969 built, 3 bedrooom/3 bath, 1,240 sq ft townhome. Broker comments are “Three bedroom, three bath, 1240 square foot condominium located directly across from the Treehouse’s Children’s Center in Base Village. Steps away from restaurants and shopping in Base Village. Easy access to the gondola and Six Pack Lift.” 2017 taxes: $2,364; HOA Dues: $18,612. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/28/2018; Sold Date: 11/13/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)