Nov 25 – Dec 2, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (8) + Under Contract / Pending (6).

The Oct 2018 Aspen Snowmass Village Real Estate Market Snapshot Report was posted in Current Reports on Wed Nov 7, 18.  November 2018 will be posted sometime this week. 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.

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

Blog Post: Nov 25 – Dec 2, 2018 Aspen CO real estate market activity, Week 47

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 (8):  MLS#s: 148772, 152316, 152461, 152619, 154911, 155213, 155871, 157023. This link is valid until 1/1/2018.

Under Contract/Pending (6)MLS#s: 148772, 149938, 155727, 156821, 156868, 156892. This link is valid until 1/1/2018.

Sold Properties Last Week:

MLS #152316 – West End, 230 Lake Avenue, Aspen, CO: Sold Price: $13,000,000/$2,487 sq ft; unfurnished. More details below photos.

MLS #152316 – West End, 230 Lake Avenue, Aspen, CO: Sold Price: $13,000,000/$2,487 sq ft; unfurnished. Aspen homes for sale. Ask Price: $14,950,000. (Original Price: $14,950,000 and 313 days on the market since 01/17/2018.) This is a 1980 built and 2000 remodeled, 5 bedroom/6 bath/1 half-bath, 5,226 sq ft single family home with 2 car garage on a 12,118 sq ft lot. Broker comments are “A very rare 10,880 square foot property overlooking Hallam Lake directly across the street from Triangle Park. This sought-after location has views towards Aspen Mountain and is a short walk to the Aspen Music Tent, Aspen Institute and the downtown area of Aspen. The existing 5,226 square foot home features 5 bedrooms, vaulted living room and large kitchen/family room. Remodel the existing house or build either a single-family home or duplex. See additional information under the documents tab.” 2017 taxes: $26,151. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/09/2018; Sold Date: 11/26/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #155213 – East Addition, Central Core, 210 S West End Street, Aspen, CO: Sold Price: $13,000,000/$1,710 sq ft; unfurnished. More details below photos.

MLS #155213 – East Addition, Central Core, 210 S West End Street, Aspen, CO: Sold Price: $13,000,000/$1,710 sq ft; unfurnished. Aspen homes for sale. Ask Price: $14,650,000. (Original Price: $14,650,000 and 137 days on the market since 07/16/2018. The seller was the Cheryl R. Wyly Estate as part of the SEC’s mandatory divestiture of assets of the Charles and Sam Wyly holdings. A number of their Aspen area properties have been sold in the past few years.) This is a 1975 built and 2006 remodeled, 6 bedroom/6 bath/1 3/4-bath, 8,029 sq ft single family home with 2 car garage on a 9,000 sq ft lot. Broker comments are “Multi-family property currently developed with three residences, each with its own access and independent living arrangement. The main house is a spacious, nearly 6,000 SF residence. A two-bedroom apartment is approximately 800 SF, can be used as guest quarters or rented on a short or long-term basis. A third ”caretaker” unit on the ground level is designed as a one-bedroom apartment and is restricted as a ”Resident Occupied” (RO) unit although renting this unit is not mandatory. The building sits a full floor above neighboring properties; a condition that could never be recreated. In addition, the property is rare in that the floor area, height, and unit-size conditions are all impossible to recreate under today’s codes.” 2017 taxes: $21,755. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/02/2018; Sold Date: 11/30/2018. (Photos and broker comments courtesy of Aspen Associates Realty)

MLS #152461 – Starwood, McLain Flats, 498 S Starwood Drive, Aspen, CO: Sold Price: $3,940,000/$586 sq ft. More details below photos.

MLS #152461 – Starwood, McLain Flats, 498 S Starwood Drive, Aspen, CO: Sold Price: $3,940,000/$586 sq ft. Aspen homes for sale. Ask Price: $3,995,000. (Original Price: $5,350,000 and 307 days on the market since 01/27/2018.  ) This is a 1980 built, 5 bedroom/6 bath/1 half-bath, 6,720 sq ft single family home with 2 car garage on a 3.8 acres lot. Broker comments are “Wake up to the legacy that is Starwood, every day, every season, and bask under the starriest of night skies. This 6,700+ sq ft home on nearly 4 acres is located in Aspen’s only gated community on a spectacular high mountain plateau with breathtaking views of all 4 ski areas and beyond. Artful architecture with unexpected angles is evident throughout. Here you will find the peacefulness of privacy and the luxury of space yet be a mere 5 miles from the excitement that is Aspen. With 5 bedrooms en suite, a home gym with large steam room, expansive decks, multiple seating and dining areas, and numerous custom features, this home was designed with fine living and entertaining in mind. Seller will accept Bitcoin (or other crypocurrency subject to seller’s approval) as a form of payment.” 2017 taxes: $19,189; HOA Dues: $342 per Yr. Under Contract Date: 10/23/2018; Sold Date: 11/30/2018. (Photos and broker comments courtesy of Engel & Volkers)

MLS #148772 – Starwood, McLain Flats, 498 S Starwood Drive, Aspen, CO: Sold Price: $3,500,000/$520 sq ft. More details below photos.

MLS #148772 – Starwood, McLain Flats, 498 S Starwood Drive, Aspen, CO: Sold Price: $3,500,000/$520 sq ft. Aspen homes for sale. Ask Price: $3,500,000. (Original Price: $4,500,000 and 959 days on the market since 07/30/2015.) This is a 1980 built, 6 bedroom/6 bath/1 half-bath, 6,720 sq ft single family home with 2 car garage on a 3.8 acres lot. Broker comments are “Views from Starwood are always amazing, yet these are exceptional. The location captures the view from Mt. Sopris to Independence Pass, including all the ski areas. The foreground view is uncluttered and private. Unless in an airplane, this view is unrivaled. Redevelopment opportunity! The site is perfectly suited for a home of glass, stone, metal or wood one that speaks to today’s contemporary vernacular. Existing house is usable, or ready for remodel or rebuild. Bring your style and creativity to the majesty of this prestigious location.” 2016 taxes: $22,024; HOA Dues: $342 per Yr. Under Contract Date: 10/19/2018; Sold Date: 11/30/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Spring Street)

MLS #157023 – North 40 PUD, West Aspen, 35 Riverdown Drive, Aspen, CO: Sold Price: $921,795/$436 sq ft; unfurnished. More details below photos.

MLS #157023 – North 40 PUD, West Aspen, 35 Riverdown Drive, Aspen, CO: Sold Price: $921,795/$436 sq ft; unfurnished. Aspen homes for sale. Ask Price: $921,795. (Original Price: $921,795 and 30 days on the market since 10/31/2018.) This is a 2000 built, 3 bedroom/2 bath/1 half-bath, 2,112 sq ft single family home with 2 car garage on a 6,534 sq ft lot. This is a deed restricted “Resident Occupied – RO” property with ownership limited to Pitkin County residents who must prove minimum 1,500 Hrs per year employment in the County. Annual appreciation is capped per Consumer Price Index.  Broker comments are “Sold before MLS.” 2017 taxes: $1,676. Under Contract Date: 10/31/2018; Sold Date: 11/30/2018. (Photos and broker comments courtesy of Compass)

MLS #154911 – Columbine, Central Core, 801 E Hopkins Avenue #2, Aspen, CO: Sold Price: $1,198,850/$1,509 sq ft; furnished. More details below photos.

MLS #154911 – Columbine, Central Core, 801 E Hopkins Avenue #2, Aspen, CO: Sold Price: $1,198,850/$1,509 sq ft; furnished. Aspen condos for sale. Ask Price: $1,399,000. (Original Price: $1,500,000 and 157 days on the market since 06/22/2018.) This is a 1976 built and 2016 remodeled, 1 bedroom/1 bath, 794 sq ft condo. Broker comments are “One-of-a-kind, large one bedroom condo. Stunning, complete remodel in 2016, offered furnished. Rare amenities include, large private backyard with a view of Aspen Mountain, reserved parking space, dog friendly, with allowed short term rentals. Located a few blocks from Silver Queen gondola, shopping and restaurants. The outdoor living space makes the condo feel twice as big.” 2017 taxes: $1,936; HOA Dues: $1,700 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/27/2018; Sold Date: 11/26/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #152619 – Stonebridge Condominiums, 30 Anderson Lane #701, Snowmass Village, CO: Sold Price: $410,000/$572 sq ft; furnished. More details below photos.

MLS #152619 – Stonebridge Condos, 30 Anderson Lane #701, Snowmass Village, CO: Sold Price: $410,000/$572 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $495,000. (Original Price: $495,000 and 242 days on the market since 02/09/2018.) This is a 1969 built, 1 bedrooom/2 bath, 716 sq ft condo. Broker comments are “Corner property with 2 large balconies-one of only 2 one-bdrms configured this way in complex. Sited adjacent to a stream/waterfall which can be enjoyed from both living room and bedroom. Spacious kitchen with window and view down valley. Lichenrock gas fireplace. Great room sizable enough for TV watching, entertaining, dining. Powder room has shower so LR can be used for overflow sleeping (closet there, too). Large bedroom with two queens, deck access, bath w/ separate vanity. Laundry room with full-size washer/dryer. Entry with cubbies, cabinets and bench. Bedding, accessories, pillows, lamps, art is all new. Lovely views across Brush Creek Valley and of Rim Trail. Assigned garage parking right near elevator. To access ski trail, down hallway to elevator and down one floor. Also easy to get to pool/spa/exercise room.” 2017 taxes: $1,526; HOA Dues: $10,385 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/26/2018; Sold Date: 11/26/2018. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)

MLS #155871 – The Viceroy Hotel Condos – Assay Hill Lodge, 130 Wood Road 604, Snowmass Village, CO: Sold Price: $260,000/$670 sq ft; furnished. More details below photos.

MLS #155871 – The Viceroy Hotel Condos – Assay Hill Lodge, 130 Wood Road 604, Snowmass Village, CO: Sold Price: $260,000/$670 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $260,000. (Original Price: $260,000 and 125 days on the market since 07/13/2018.) This is a 2009 built, studio/1 bath, 388 sq ft condo. Broker comments are “Owning an exquisite Viceroy residence provides the luxuries of a resort hotel plus all the comforts of home. In an unsurpassed ski-in/ ski-out location in the new Snowmass Base Village, now coming to life with a $600 million transformation. The Viceroy is showcasing more than $4 million in renovations and expansions. These include the new Toro Latin Kitchen and Lounge, a redesigned main lobby with an ultramodern fireplace, Cafe V, a coffee bar featuring coffee specialties and pastries, and an expanded and enhanced fitness center. This summer, the pool area will be refreshed with two new spa pools and the re-opening of Nest.” 2017 taxes: $2,310; HOA Dues: $10,172. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 07/13/2018; Sold Date: 11/15/2018. (Photos and broker comments courtesy of SV Real Estate)

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