The Estin Report: June 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports on Mon. July 10th. The Snapshots are usually posted on or near the 1st Monday of the month. 

Excerpt:
“June 2017 has been the best June for Aspen real estate in the past 10 years. Dollar sales for properties selling over $10M are up over 125% year-to-date (YTD) and for all properties, sales are up 118% YTD. At the same time, inventory of available properties for sale is declining, down 30% in June ’17 year over year, which should create upward pressure on prices…”

The Estin Report: Mid-Year 2017: State of Aspen Real Estate was released in June 2017 in Current Reports. The 32-Page report is available on-line as PDF and available in print in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.

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Market Activity Week 30, July 16 – 23, 2017

Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity.  Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. 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 (11): MLS#s 135201, 144611, 144842, 146800, 147721, 147876, 148618, 148827, 149240, 149366, 149411. This link is valid until 8/22/2017.
Under Contract/Pending (11)MLS#s 142326, 137922, 138447, 145352, 148995, 149607, 149672, 149744, 149783, 149799, 149897. This link is valid until 8/22/2017.

Aspen Snowmass Solds Last Week:  

MLS #149366 – West End, 805 Roaring Fork Road, Aspen, CO. Sold Price: $8,900,000/$2,134 sq ft. More details below photos.

Aspen real estate 072317 149366 805 Roaring Fork Road 1 590W  Aspen real estate 072317 149366 805 Roaring Fork Road 2 590W  Aspen real estate 072317 149366 805 Roaring Fork Road 3 190H Aspen real estate 072317 149366 805 Roaring Fork Road 4 190H  Aspen real estate 072317 149366 805 Roaring Fork Road 5 190H Aspen real estate 072317 149366 805 Roaring Fork Road 6 190H

MLS #149366 – West End, 805 Roaring Fork Road, Aspen, CO. Sold Price: $8,900,000/$2,134 sq ft. Aspen single family home for sale. Ask Price: $9,100,000. (Original Price: $9,100,000 and 42 days on the market since 06/02/2017. The buyers are: Charles B. Moss Jr. and Ann H. Cook. He was the seller of 610 W Hallam which closed at $11.7M/$2,451 sq ft last week which has not been on the market.) This is a 1983 built and 1997 remodeled, 4 bedroom/3 bath/1 half-bath, 4,170 sq ft single family home with 2 car garage on a 19,729 sq ft lot (almost 1/2 acre). Broker comments are “Beautiful West End estate with a fabulous location adjacent to Harris Concert Hall and Benedict Music Tent. 4 Bedroom, 3.5 Bath. Oversized great room with high ceiling. Perfectly manicured grounds with a water feature.” 2016 taxes: $19,191. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/16/2017; Sold Date: 07/14/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #148618 – Woerndle Subdivision, East Aspen, 1345 Mayflower Court, Aspen, CO. Sold Price: $5,700,000/$1,667 sq ft; partial-furnished. More details below photos.

Aspen real estate 072317 148618 1345 Mayflower Court 1 590W  Aspen real estate 072317 148618 1345 Mayflower Court 2 590W  Aspen real estate 072317 148618 1345 Mayflower Court 3 190H Aspen real estate 072317 148618 1345 Mayflower Court 4 190H  Aspen real estate 072317 148618 1345 Mayflower Court 5 190H Aspen real estate 072317 148618 1345 Mayflower Court 6 190H

MLS #148618 – Woerndle Subdivision, East Aspen, 1345 Mayflower Court, Aspen, CO. Sold Price: $5,700,000/$1,667 sq ft; partial-furnished. Aspen single family home for sale. Ask Price: $5,795,000. (Original Price: $5,795,000 and 448 days on the market since 04/25/2016.) This is a 2015 built, 5 bedroom/5 bath/1 half-bath, 3,418 sq ft single family home with 2 car garage on a 8,138 sq ft lot. Broker comments are “Enjoy end of the cul-de-sac privacy in a quiet, natural setting with great south facing light and views of Aspen Mountain and Ute Chutes. An open floor plan, a gourmet kitchen and two expansive walkout stone patios for entertaining highlight this contemporary single-family home designed by Menendez Architects and custom built by Janckila Construction in 2015. A sophisticated main level master bedroom features two closets, a chic master bath, and a private patio with hot tub and views. Walnut floors, hand forged steel railings inside and out, and marble and granite surfaces showcase the quality finishes. Two more en suite bedrooms, an office loft, bunkroom, wet bar and powder room complete the main house. A coach house above the detached two-car garage offers a private guest suite or office beautiful new landscaping with privacy of evergreens, fir trees, flowerbeds, and new lilac bushes surround the home. Easy walk or ride to downtown and the new Aspen Club & Spa. Synder Park Trail and East Aspen Trail are nearby.” 2016 taxes: $9,174. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/03/2017; Sold Date: 07/18/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #144842 – Central Core, 235 W Hopkins Avenue B, Aspen, CO. Sold Price: $4,300,000/$1,177 sq ft. More details below photos.

Aspen real estate 072317 144842 235 W Hopkins Avenue B 1 590W  Aspen real estate 072317 144842 235 W Hopkins Avenue B 2 590W  Aspen real estate 072317 144842 235 W Hopkins Avenue B 3 190H Aspen real estate 072317 144842 235 W Hopkins Avenue B 4 190H  Aspen real estate 072317 144842 235 W Hopkins Avenue B 5 190H Aspen real estate 072317 144842 235 W Hopkins Avenue B 6 190H

MLS #144842 – Central Core, 235 W Hopkins Avenue B, Aspen, CO. Sold Price: $4,300,000/$1,177 sq ft. Aspen duplex/half-duplex for sale. Ask Price: $4,995,000. (Original Price: $6,495,000 and 389 days on the market since 06/20/2016.) This is a 1973 built and 2003 remodeled, 4 bedroom/3 bath/1 half-bath, 3,653 sq ft duplex/half-duplex. Broker comments are “Large half duplex with an abundance of natural light throughout and spectacular views of Aspen Mountain and Shadow Mountain. Great outdoor living space with spacious patios off main level dining room area, plus large walk-out patios and hot tub off lower level family room and guest master. Desirable open floor plan, this 3,653 sq. ft. duplex with 4 bedrooms, 3.5 baths, gourmet kitchen with island and dry bar, adjoins the living room and sitting room. 2-story skylights expand from the living room to the upstairs master suite and office with another private deck, Master bath with his and her vanity, deep soak tub and shower. The spacious sunlit lower level includes an expansive family room with pool table, gas fireplace and large wet bar. Enjoy 2 additional bedrooms just off the family room with full size bathroom.” 2015 taxes: $9,488. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/16/2017; Sold Date: 07/14/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #146800 – Foster Subdivision, Core/West Aspen, 219 S Third Street, Aspen, CO. Sold Price: $3,450,000. More details below photos.

Aspen real estate 072317 146800 219 S Third Street 1 590W  Aspen real estate 072317 146800 219 S Third Street 2 190H Aspen real estate 072317 146800 219 S Third Street 3 190H

MLS #146800 – Foster Subdivision, Core/West Aspen, 219 S Third Street, Aspen, CO. Sold Price: $3,450,000. Aspen single family vacant lot for sale. Ask Price: $3,800,000. (Original Price: $3,500,000 and 246 days on the market since 11/15/2016.) This is a 4,971 sq ft single family vacant lot. Broker comments are “Ready to go development opportunity. All fees paid and building permit are expected soon. Gretchen Greenwood contemporary designed 4357 sq ft residence 4 bedrooms and 4 and one half baths home with elevator, 1 car garage and roof top deck and Jacuzzi. Located on a flat lot bordering a hiking trail & just blocks to the center of Aspen. Private tranquil setting. Mature landscaping, & views of Shadow Mtn, Aspen Mtn & Independence Pass.” 2016 taxes: $25,614. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/30/2017; Sold Date: 07/19/2017. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #147721 – Aspen Alps Condos, Central Core, 700 S UTE Avenue 215, Aspen, CO. Sold Price: $1,885,000/$1,576 sq ft; furnished. More details below photos.

Aspen real estate 072317 147721 700 S UTE Avenue 215 1 590W  Aspen real estate 072317 147721 700 S UTE Avenue 215 2 590W  Aspen real estate 072317 147721 700 S UTE Avenue 215 3 190H Aspen real estate 072317 147721 700 S UTE Avenue 215 4 190H

MLS #147721 – Aspen Alps Condos, Central Core, 700 S UTE Avenue 215, Aspen, CO. Sold Price: $1,885,000/$1,576 sq ft; furnished. Aspen condo for sale. Ask Price: $1,995,000. (Original Price: $1,995,000 and 141 days on the market since 02/23/2017.) This is a 1963 built and 2015 remodeled, 3 bedroom/3 bath, 1,196 sq ft condo. Broker comments are “Convenience of location is unrivaled. Located just steps from Aspen Mtn’s Silver Queen Gondola this newly updated top floor residence is stunning. Featuring 3 full baths and the ability to sleep 6 comfortably in 3 separate bedrooms. A covered outdoor deck provides a peaceful setting above the mature evergreens of the courtyard. Have the Aspen Alps management team handle all the details of renting this for you while you are away. Enjoy all the excitement of downtown Aspen living.” 2016 taxes: $4,169; HOA Dues: $2,077 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/13/2017; Sold Date: 07/14/2017. (Photos and broker comments courtesy of Tru Real Estate)

MLS #135201 – West Aspen vacant lot, Tbd Trentaz Drive, Aspen, CO. Sold Price: $1,115,500. More details below photos.

Aspen real estate 072317 135201 Tbd Trentaz Drive 1 590W  Aspen real estate 072317 135201 Tbd Trentaz Drive 2 590W  Aspen real estate 072317 135201 Tbd Trentaz Drive 3 190H Aspen real estate 072317 135201 Tbd Trentaz Drive 4 190H
Aspen real estate 072317 135201 Tbd Trentaz Drive 5 190H Aspen real estate 072317 135201 Tbd Trentaz Drive 6 190H

MLS #135201 – West Aspen vacant lot, Tbd Trentaz Drive, Aspen, CO. Sold Price: $1,115,500. Aspen single family vacant lot for sale. Ask Price: $1,395,000. (Original Price: $1,795,000 and 1,105 days on the market since 07/09/2014.) This is a 11,761 sq ft single family vacant lot. Broker comments are “The perfect property for an end user or developer. This beautiful single family lot is convenient to downtown Aspen and provides incredible views from Aspen Mountain to Snowmass and Mt. Sopris. Spectacular sunsets viewed from a finished home will be second to none…the viewing platform constructed on the lot allows one to envision the amazing potential of the completed project. 5,750 square feet FAR is allowed.” 2016 taxes: $8,778. Under Contract Date: 04/05/2017; Sold Date: 07/18/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #147876 – Hunter Creek Condos, Smuggler Area, 1005 Vine Street, Aspen, CO. Sold Price: $820,500/$762 sq ft; furnished. More details below photos.

Aspen real estate 072317 147876 1005 Vine Street 1 590W  Aspen real estate 072317 147876 1005 Vine Street 2 190H Aspen real estate 072317 147876 1005 Vine Street 3 190H

MLS #147876 – Hunter Creek Condos, Smuggler Area, 1005 Vine Street, Aspen, CO. Sold Price: $820,500/$762 sq ft; furnished. Aspen condo for sale. Ask Price: $875,000. (Original Price: $875,000 and 135 days on the market since 03/01/2017.) This is a 1980 built and 2002 remodeled, 3 bedroom/2 bath, 1,076 sq ft condo. Broker comments are “One of the lowest priced 3-bedroom units in town. A light and bright first floor unit in Building 10, that’s close to everything. Whether you want to spend your day at the pool or play a quick game of tennis at the complex, hike the nearby Smuggler/Hunter Creek Loop, or just take the two-minute bus ride to the middle of downtown Aspen, you will have plenty of options living at this well-priced condominium.” 2016 taxes: $1,607; HOA Dues: $450 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/07/2017; Sold Date: 07/14/2017. (Photos and broker comments courtesy of Compass)

MLS #144611 – Woody Creek Area, 191 Woods Road, Woody Creek, CO. Sold Price: $1,295,000/$790 sq ft; unfurnished. More details below photos.

Aspen real estate 072317 144611 191 Woods Road 1 590W  Aspen real estate 072317 144611 191 Woods Road 2 590W  Aspen real estate 072317 144611 191 Woods Road 3 190H Aspen real estate 072317 144611 191 Woods Road 4 190H  Aspen real estate 072317 144611 191 Woods Road 5 190H Aspen real estate 072317 144611 191 Woods Road 6 190H

MLS #144611 – Woody Creek Area, 191 Woods Road, Woody Creek, CO. Sold Price: $1,295,000/$790 sq ft; unfurnished. Aspen single family home for sale. Ask Price: $1,295,000. (Original Price: $1,587,000 and 385 days on the market since 06/07/2016. The seller is the Dwight K. Shellman Trust – Dwight Shellman was the reknowned Pitkin County Commissioner in the early 1970’s who, along with commissioners Joe Edwards and Michael Kinsley, created Aspen’s strict legacy and precedence of land use restrictions and controlled growth. They are responsible for Aspen being as beautiful and truly unique as it is today although the unintended consequences was to launch Aspen property prices into the stratosphere as supply diminished and property uses were restricted. Opponents to this “down-zoning” labeled this Communism.) This is a 1964 built and 1977 remodeled, 3 bedroom/1 bath/1 half-bath, 2,765 sq ft single family home on a 3.25 acres lot. Broker comments are “The lure of the simple life lies tucked away in Woody Creek on this 3-acre property rich in history. It’s all here– an adorable farmhouse, paddocks for horses and goats, raised beds for vegetable and cutting gardens, mature trees, and downvalley mountain views. A separate hot tub room plus a large out building converted into a non-conforming apartment, office and workshop are added bonuses. In the Woods Road enclave, a private spot revered by locals with easy access to Aspen and Snowmass and located in the acclaimed Aspen School District. An idyllic country setting that beckons life back to the good old days.” 2016 taxes: $1,819. Under Contract Date: 05/26/2017; Sold Date: 07/20/2017. (Photos and broker comments courtesy of Berkshire Hathaway HomeServices | Aspen Snowmass Properties)

MLS #149240 – Snowmass Country Club Homes, 366 Snowmass Club Circle 1, Snowmass Village, CO: Sold Price: $3,250,000/$1,067 sq ft; partial-furnished. More details below photos.

Aspen real estate 072317 149240 366 Snowmass Club Circle 1 1 590W  Aspen real estate 072317 149240 366 Snowmass Club Circle 1 2 590W  Aspen real estate 072317 149240 366 Snowmass Club Circle 1 3 190H Aspen real estate 072317 149240 366 Snowmass Club Circle 1 4 190H  Aspen real estate 072317 149240 366 Snowmass Club Circle 1 5 190H Aspen real estate 072317 149240 366 Snowmass Club Circle 1 6 190H

MLS #149240 – Snowmass Country Club Homes, 366 Snowmass Club Circle 1, Snowmass Village, CO: Sold Price: $3,250,000/$1,067 sq ft; partial-furnished. Snowmass Village townhouse for sale. Ask Price: $3,495,000. (Original Price: $3,495,000 and 1,955 days on the market since 05/11/2011.) This is a 1981 built and 2008 remodeled, 4 bedroom/3 bath/1 half-bath, 3,044 sq ft townhouse with 2 car garage. Broker comments are “Exquisite, custom townhome that lives like a single family home with the great room and master bedroom suite on the main living level. This four bedroom plus loft home has an inviting, open design enveloping the dining and kitchen areas with living room. High end finishes in entire home makes it feel like a 5-star hotel. A large private deck and hot tub are in tune with nature and accent the stunning mountain ski-run views. Situated on a south facing flat lot with plenty of sunshine to encourage outside living late into the evening. Private and quiet, Country Club Townhome #1 is a corner unit conveniently located to the Snowmass Club and the free Village Shuttle. Access to all four Aspen Snowmass ski mountains, cross country skiing trails, golf, restaurants and shops.” 2016 Taxes: $8,838; HOA Dues: $4,848 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 07/03/2017; Sold Date: 07/20/2017. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)

MLS #149411 – Ridge Run, 1236 Faraway Road, Snowmass Village, CO: Sold Price: $1,800,000/$447 sq ft; partial-furnished. More details below photos.

Aspen real estate 072317 149411 1236 Faraway Road 1 590W  Aspen real estate 072317 149411 1236 Faraway Road 2 590W  Aspen real estate 072317 149411 1236 Faraway Road 3 190H Aspen real estate 072317 149411 1236 Faraway Road 4 190H  Aspen real estate 072317 149411 1236 Faraway Road 5 190H Aspen real estate 072317 149411 1236 Faraway Road 6 190H

MLS #149411 – Ridge Run, 1236 Faraway Road, Snowmass Village, CO: Sold Price: $1,800,000/$447 sq ft; partial-furnished. Snowmass Village single family home for sale. Ask Price: $1,875,000. (Original Price: $1,875,000 and 42 days on the market since 06/09/2017.) This is a 1981 built, 5 bedroom/5 bath/1 half-bath/1 loft/1 den/1 bonus room, 4,024 sq ft single family home with 2 car garage on a 37,806 sq ft lot. Broker comments are “This extremely well built home offers privacy and views. The wooded lot gives away to exceptional sweeping views from Mt. Daly all the way down the Brush Creek Valley. This home boasts plenty of space with an opportunity to add even more. A two car garage, workshop, bonus room and loft make this great for a family retreat spot. This is a real opportunity for a buyer to own a centrally located Snowmass Village home on a great piece of land. There is also great investment potential to add serious value with some updates to have a real gem. The home has had just one owner and an outstanding proven rental history. 1236 Faraway is easy to show on short notice.” 2016 Taxes: $4,776; HOA Dues: $90 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/12/2017; Sold Date: 07/21/2017. (Photos and broker comments courtesy of Snowmass Select Properties)

MLS #148827 – Enclave Condos, 360 Wood Road 213, Snowmass Village, CO: Sold Price: $975,000/$631 sq ft; furnished. More details below photos.

Aspen real estate 072317 148827 360 Wood Road 213 1 590W  Aspen real estate 072317 148827 360 Wood Road 213 2 590W  Aspen real estate 072317 148827 360 Wood Road 213 3 190H Aspen real estate 072317 148827 360 Wood Road 213 4 190H  Aspen real estate 072317 148827 360 Wood Road 213 5 190H Aspen real estate 072317 148827 360 Wood Road 213 6 190H

MLS #148827 – Enclave Condos, 360 Wood Road 213, Snowmass Village, CO: Sold Price: $975,000/$631 sq ft; furnished. Snowmass Village condo for sale. Ask Price: $995,000. (Original Price: $995,000 and 75 days on the market since 05/03/2017.) This is a 1977 built and 2014 remodeled, 3 bedroom/3 bath, 1,545 sq ft condo. Broker comments are “Enclave 213 is ready for you and your guests to enjoy. Wonderful end unit with extra windows and plenty of natural light. This 3 bedroom unit has been updated with new appliances and flat screen TVs recently. All bedrooms have attached baths, and there is a front and back deck. Front row views of the ski area and the Elk Camp Gondola going by. On-site property and rental management to make your vacation a true vacation. Owners and guests enjoy the assigned, covered parking, year-round pool, hot tub, shuttle service, and direct ski access. Enclave complex underwent exterior update with new roof and paint in 2016. Potential expansion for this unit–contact listing agent for details.” 2016 Taxes: $4,631; HOA Dues: $25,047 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/27/2017; Sold Date: 07/17/2017. (Photos and broker comments courtesy of Douglas Elliman Real Estate-SMV)

Recent Estin Report tweets on Aspen Real Estate

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Disclaimer: The statements made in The Estin Report and on Aspen broker Tim Estin’s blog represent the opinions of the author and should not be relied upon exclusively to make real estate decisions. A potential buyer and/or seller is advised to make an independent investigation of the market and of each property before deciding to purchase or to sell. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable, however, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.309.6163  or by emailThe Estin Report is copyrighted 2017 and all rights reserved. Use is permitted subject to the following attribution with a live link to this website: The Estin Report on Aspen Real Estate.”