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…”

Estin Report: Q1 2017 & 2016 Year: State of Aspen Real Estate was released in June 2017 in Current Reports. The 32-Page report is available on-line as PDF and is 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.

__________________________

Market Activity Week 28, July 2 – 9, 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 (6):  MLS#s 142357, 139662, 144584, 144945, 146585, 147917. This link is valid until 8/8/2017.

Under Contract/Pending (19)MLS#s 141968, 142683, 144966, 145224, 146717, 146937, 147465, 147599, 147702, 148047, 149090, 149206, 149234, 149240, 149419, 149676, 149735, 149764, 149869. This link is valid until 8/8/2017.

Aspen Snowmass Solds Last Week:  

MLS #142357 – Maroon Creek Club single family home, West Aspen, 31 N Willow Court, Aspen, CO. Sold Price: $10,706,250/$1,238 sq ft; furnished. More details below photos.

Aspen real estate 070917 142357 31 N Willow Court 1 590W  Aspen real estate 070917 142357 31 N Willow Court 2 590W  Aspen real estate 070917 142357 31 N Willow Court 3 190H Aspen real estate 070917 142357 31 N Willow Court 4 190H  Aspen real estate 070917 142357 31 N Willow Court 5 190H Aspen real estate 070917 142357 31 N Willow Court 6 190H

MLS #142357 – Maroon Creek Club, West Aspen, 31 N Willow Court, Aspen, CO. Sold Price: $10,706,250/$1,238 sq ft; furnished. Aspen single family home for sale. Ask Price: $11,500,000. (Original Price: $11,500,000 and 535 days on the market since 01/14/2016. The seller purchased the property on 7/8/09 at $13.25M/$1,532 sq ft.) This is a 2006 built, 6 bedroom/6 bath/2 half-bath, 8,648 sq ft single family home with 2 car garage on a 16,509 sq ft lot. Broker comments are “Located on the 10th Fairway of the Tom Fazzio-designed Maroon Creek Club golf course, this handsome home features the ultimate in luxury and quality. Featuring rich, quarter-sawn walnut hardwood flooring, strong stone staircases and accent walls, granite, marble and onyx surfaces throughout. A sophisticated smart home system offers convenience and ease with Lite Touch controls, an AMX fully integrated home audio/visual system and electric shades in every room. Vaulted ceilings with Robert Singer-designed recessed lighting gives the home a warm glow day and night. Dramatic mountain views from floor to ceiling windows or from one of the three private terraces. Six bedrooms (one currently designed as a highly-effective office), three separate entertaining areas, a 500+ bottle wine room, media room with drop-down projector and screen, elevator, outdoor fire pit, manicured grounds and hot tub, this home has everything today’s discerning buyer desires.” 2015 taxes: $26,563; HOA Dues: $5,082 per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/26/2017; Sold Date: 07/06/2017. (Photos and broker comments courtesy of Compass)

MLS #144584 – Starwood, McLain Flats, 401 Carroll Drive, Aspen, CO. Sold Price: $5,500,000/$410 sq ft. More details below photos.

Aspen real estate 070917 144584 401 Carroll Drive 1 590W  Aspen real estate 070917 144584 401 Carroll Drive 2 590W  Aspen real estate 070917 144584 401 Carroll Drive 3 190H Aspen real estate 070917 144584 401 Carroll Drive 4 190H  Aspen real estate 070917 144584 401 Carroll Drive 5 190H Aspen real estate 070917 144584 401 Carroll Drive 6 190H

MLS #144584 – Starwood, McLain Flats, 401 Carroll Drive, Aspen, CO. Sold Price: $5,500,000/$410 sq ft. Aspen single family home for sale. Ask Price: $5,900,000. (Original Price: $8,900,000 and 395 days on the market since 06/15/2016.) This is a 1987 built, 6 bedroom/6 bath/1 half-bath/1 3/4-bath, 13,383 sq ft single family home with 3 car garage on a 6.51 acres lot. Broker comments are “Contemporary architectural details in this beautifully maintained Starwood residence with amazing views from Mt. Hayden to Mt. Sopris on over 6 private and wooded acres. Four bedrooms, five and a half baths, and 13,383 sq. ft. Separate 2br/1.75ba apartment, indoor swimming pool, exercise room, media room, formal dining and living rooms, 3 car garage, private motor court and dramatic Porte Cochere Entry, and much more.  2016 taxes: $29,495; HOA Dues: $399 per Yr. Under Contract Date: 03/09/2017; Sold Date: 06/30/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #139662 – Mill Building, Central Core, 201 N Mill Street Penthouse D, Aspen, CO. Sold Price: $5,250,000/$2,625 sq ft; unfurnished. More details below photos.

Aspen real estate 070917 139662 201 N Mill Street Phd 1 590W  Aspen real estate 070917 139662 201 N Mill Street Phd 2 190H Aspen real estate 070917 139662 201 N Mill Street Phd 3 190H  Aspen real estate 070917 139662 201 N Mill Street Phd 4 190H Aspen real estate 070917 139662 201 N Mill Street Phd 5 190H

MLS #139662 – Mill Building, Central Core, 201 N Mill Street Penthouse D, Aspen, CO. Sold Price: $5,250,000/$2,625 sq ft; unfurnished. Aspen condo for sale. Ask Price: $6,000,000. (Original Price: $6,000,000 and 746 days on the market since 06/18/2015.) This is a 2015 built, 3 bedroom/3 bath/1 half-bath, 2,000 sq ft condo with 1 car garage. Broker comments are “Aspen welcomes its most sought luxury offering, The Hotel Jerome Residences at The Mill, four exceptionally designed pied-a-terre residences. Featuring the luxury amenities of the Hotel Jerome. Residence owners will have access to all the services of the Jerome just as if they were a guest at the hotel. Each unit combines impeccable design with cutting edge technology: over 2,000 sq feet of living space, private elevator access and parking, geothermal heating/cooling system, solar generated domestic hot water along with breathtaking views from each unit and a prime location just two blocks from restaurant row. A truly one-of-kind opportunity for fully serviced urban living in Aspen” 2016 taxes: $15,400; HOA Dues: $1,506 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/25/2017; Sold Date: 07/03/2017. (Photos and broker comments courtesy of Tru Real Estate)

MLS #144945 – Starwood, McLain Flats, 173 Buchanan Drive, Aspen, CO. Sold Price: $3,815,000. 1995 single family home on 2+ acres sold at lot value. More details below photos.

Aspen real estate 070917 144945 173 Buchanan Drive 1 590W  Aspen real estate 070917 144945 173 Buchanan Drive 2 190H Aspen real estate 070917 144945 173 Buchanan Drive 3 190H

MLS #144945 – Starwood, McLain Flats, 173 Buchanan Drive, Aspen, CO. Sold Price: $3,815,000. Aspen single family home sold at lot value. Ask Price: $4,495,000. (Original Price: $5,995,000 and 721 days on the market since 05/01/2015.) This is a 2.71 acres single family vacant lot. Broker comments are “You will love this property sited on one of the best lots in Starwood. This is really an exceptional value located in Aspen’s only gated community. For more information about Starwood’s amenities, go to www.starwood.org.” 2015 taxes: $23,391. Under Contract Date: 04/24/2017; Sold Date: 06/23/2017. (Photos and broker comments courtesy of Compass)

MLS #146585 – Gant, Central Core, 610 S West End Street J-302, Aspen, CO. Sold Price: $1,425,000/$1,439 sq ft; furnished. More details below photos.

Aspen real estate 070917 146585 610 S West End Street J 302 1 590W  Aspen real estate 070917 146585 610 S West End Street J 302 2 590W  Aspen real estate 070917 146585 610 S West End Street J 302 3 190H Aspen real estate 070917 146585 610 S West End Street J 302 4 190H  Aspen real estate 070917 146585 610 S West End Street J 302 5 190H Aspen real estate 070917 146585 610 S West End Street J 302 6 190H

MLS #146585 – The Gant Condos, Central Core, 610 S West End Street J-302, Aspen, CO. Sold Price: $1,425,000/$1,439 sq ft; furnished. Aspen condo for sale. Ask Price: $1,495,000. (Original Price: $1,595,000 and 241 days on the market since 11/01/2016.) This is a 1972 built 2016 remodeled, 2 bedroom/2 bath, 990 sq ft condo. Broker comments are “Top floor, deluxe-rated unit with vaulted ceilings and elevator access. Remodeled in 2015 and 2016. The Gant amenities include: conference center with rooftop deck and “grab and go” café with full-service bar; fitness center; two heated pools; outdoor hot tubs; tennis courts; concierge; shuttle service; grill areas; high-speed internet; superb on-site rental management and outstanding rental revenue. The Gant has it all!” 2016 taxes: $3,167; HOA Dues: $12,534 per semi-annual. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/22/2017; Sold Date: 06/30/2017. (Photos and broker comments courtesy of Frias Properties of Aspen)

MLS #147917 – Herron Condos, West End, 331 W Main Street #B, Aspen, CO. Sold Price: $1,350,000/$1,562 sq ft; furnished. More details below photos.

Aspen real estate 070917 147917 331 W Main Street B 1 590W  Aspen real estate 070917 147917 331 W Main Street B 2 190H Aspen real estate 070917 147917 331 W Main Street B 3 190H  Aspen real estate 070917 147917 331 W Main Street B 4 190H Aspen real estate 070917 147917 331 W Main Street B 6 190H

MLS #147917 – Herron  Condos, West End, 331 W Main Street #B, Aspen, CO. Sold Price: $1,350,000/$1,562 sq ft; furnished. Aspen condo for sale. Ask Price: $1,399,000. (Original Price: $1,399,000 and 117 days on the market since 03/08/2017.) This is a 1890 built 2007 remodeled, 2 bedroom/2 bath, 959 sq ft condo. Broker comments are “Standalone 2 bedroom, 2 bathroom condominiumized carriage house. This is the perfect option for your condo buyer that does not want any attached neighbors. The carriage house was beautifully remodeled to the studs in 2007 with high-end modern conveniences, without losing its historic Aspen charm. The Carriage house has two assigned parking spaces but you won’t need them as it is both close to town via the Hopkins pedestrian walking street or close to the music tent. This is truly a unique property that stands out among its competition.” 2014 taxes: $1,822; HOA Dues: $2,282 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/03/2017; Sold Date: 07/03/2017. (Photos and broker comments courtesy of Frias Properties of Aspen)

Recent Estin Report tweets on Aspen Real Estate

{loadposition articlepos}

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.”