The Estin Report - Aspen, Colorado
The Estin Report - Aspen, Colorado The Estin Report - Aspen, Colorado The Estin Report - Aspen, Colorado

  The Estin Report
 
Aspen real estate intelligence ©

  

Be informed, be educated, be advised by one the town's best real estate brokers according to local media. Aspen Sotheby's Int'l broker agent Tim Estin MBA, GRI authors the primary market guide for Aspen Snowmass real estate, homes for sale and property info - the #1 trusted Aspen real estate market resource.  Original reports and over 14,000 pages of current and archived content. Call Tim for expert guidance and counsel.

   The Estin Report
      
Aspen real estate intelligence ©

 

Be informed, be educated, be advised by one the town's best real estate brokers according to local media. Aspen Sotheby's Int'l broker agent Tim Estin MBA, GRI authors the primary market guide for Aspen Snowmass real estate, homes for sale and property info - the #1 trusted Aspen real estate market resource. Original reports and over 14,000 pages of current and archived content. For expert guidance and counsel, please call or txt 970.309.6163.

Tim Estin

Tim Estin MBA, GRI
970.309.6163 cell + text

 



Broker Associate
Aspen Snowmass Sotheby's
International Real Estate
300 S.Spring St #100
Aspen, CO 81611

 

Aspen, CO
Mountain Standard Time 
(MST)

 

Feb 2017
Low-Down

Heading into peak
season: Feb-Apr.
Sales activity rising
significantly...
think Trump trade:
Financial markets up.
Rates rising.
Inventory declining in
most desirable areas.
Market favors sellers
in West End and
Downtown Core,
but favors buyers
outside these areas
where greater 
opportunities exist.
Two tiered
pricing levels:
1) New-built
contemporary =
> greater demand
> premium prices;
2) Everything else =
 > more days on
market

< less demand 
> more negotiable
> better possible
discounts

> more seller

motivation.

During Recession,
there was little
new construction
creating a 4-5 yr
void in new product.
New product sales

now are raising 
the comparable avgs.
whch masks realtiy
for older home

for sale where

it's tougher.

 

See recent 2/23/17 WSJ
on 
luxury home sales,
"High-end home sellers

across the country are

offering discounts as

luxury market softens...

Buyers are very price

sensitive...If it’s not

priced right it’s going to
sit until the cows come
home...expensive

trophy estates have

generally become

challenging to sell

to today’s ...millennial

buyers....these behemoth

trophy properties… have

become very hard to sell

to the people who can

afford them.”

 

 

(See Interest Rate Historical Chart

since 1790 and

Consumer Price Calculator)

 

 

The Estin Report - Aspen, Colorado
The Estin Report - Aspen, Colorado
The Estin Report - Aspen, Colorado


The Jan 2016 Aspen Snowmass Real Estate Monthly Market Snapshot has been posted  in Current Reports. The Monthly Snapshots are usually posted on or near the 1st Monday of the month. My Q4 and Year 2016 report will be released soon.

Below is a new chart I'm working on: the historic pace of sales since 2006 with a trend line (to be added). Additional charts are: pace of sales by property types: all property types combined separately for Aspen and SMV; by area and property types - Aspen and Snowmass single family homes, condos. and vacant land. (Fractionals are not included.)
Unit sales are the true measure of market activity - as the sales drop-off in the 2nd Half 2007 so presaged the coming recession, sales velocity or pace is useful to consider. 

An Aspen Times article in August  2016,  "Aspen real estate: Was 2015 that good or is 2016 that bad?", suggested that it was misguided to compare 2016 to a record year like 2015. This chart, and many other Estin Report Monthly Snapshots posted during 2016, demonstrate that thinking wrong. 2016 was a very bad Aspen real estate year, especially the 1st Half, the worst since 2010. Most notably, Aspen single family home sales for the year were off 50-60% and sales of properties over $10M were down a stunning 65%. Everyone including me,  blamed the election and the attendant uncertainty. Few suggested the lack of sales may have been due to speculative and unrealistic pricing turning buyers off and away. As we head into 2017, we shall see.  Since the election, sales activity has been picking up as the charts indicate.

To enlarge, click on either chart.

Click chart to enlarge and see additional breakdown charts by Aspen and SMV by property types.

 

 011817 Estin Report Historic Aspen real estate pace of sales since 2006 96res590w

 

Click chart to enlarge and see additional breakdown charts by Aspen and SMV by property types. 

Nov 2016 Market Snapshot excerpt:

"Nov '16 has been less 'bad' than Oct or Sep. The uncertainty of the election has passed, the "Trump Trade" has pushed the stock market to record highs and the financial markets are bullish. Historically, these are good omens for Aspen real estate.

For the past two years, the Aspen residential market is being driven by speculative activity in the form of a small handful of REIT type investment groups. In particular, these groups dominated buyer activity in 2015 and new-built home listings in 2016. There are approximately 20-25 brand new spec homes in various stages of construction with some having sold or are under contract validating never-seen-before new pricing levels in specifically the Aspen Core, Historic West End and newer homes on Red Mountain.."

The Estin Report: 2nd Quarter and 1st Half 2016 State of the Aspen Real Estate Market with narrative, charts, tables photos was posted in Current Reports as PDF (v6.6) on July 20th. The print edition is available at kiosks around town, at Sothebys/415 E. Hyman Mall, Sothebys/300 S. Spring St and at the airport. 

072016 Q2 H1 2015 Estin Report State of the Aspen Market cover final 96Res 350wX457Click cover above for Exec. Summary and full 28-Pg Report PDF

See recent Before/After redevelopment 'flip job' examples in Miscellaneous Info Section at the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (12/28/16) as additional re-sale properties come on the market at significantly higher prices.

___________

Market Activity Week 5, January 29 - February 5, 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 130921, 145208, 142426, 143749, 144582, 145072, 145354, 145397, 145730, 146209, 146659. This link is valid until 3/7/2017.

Under Contract/Pending (10)MLS#s 123936, 142401, 136612, 142846, 143224, 144754, 146813, 147156, 147215, 147220. This link is valid until 3/7/2017.

Aspen Snowmass Solds Last Week:  


MLS #130921 - Moore, McLain Flats, 455 Sunnyside Lane, Aspen, CO. Sold Price: $24,406,000/$1,741 sq ft. More details below photos.
Aspen real estate 020517 130921 455 Sunnyside Lane 1 590W  Aspen real estate 020517 130921 455 Sunnyside Lane 2 590W  Aspen real estate 020517 130921 455 Sunnyside Lane 3 190H Aspen real estate 020517 130921 455 Sunnyside Lane 4 190H  Aspen real estate 020517 130921 455 Sunnyside Lane 5 190H Aspen real estate 020517 130921 455 Sunnyside Lane 6 190H
MLS #130921 - Moore, McLain Flats, 455 Sunnyside Lane, Aspen, CO. Sold Price: $24,406,000/$1,741 sq ft. Asking Price: $36,000,000. (Original Price: $36,000,000 and 1,284 days on the market since 07/23/2013.) This is a 2015 built, 8 bedroom/8 bath/3 half-bath, 14,017 sq ft single family residence with 3 car garage on a 4.9 acres lot. Broker comments are "Introducing Sunnyside Ridge. The final Aspen Lakes home is now completed in Bowden Development's exclusive McLain Flats neighborhood. Fully furnished and move-in ready. On 5 acres, the property boasts year round water, all day sun and valley wide views. The home comprises 14,000 square feet offering 8 bedrooms, 11 baths, grand entertaining rooms, and intimate family spaces. Extras include theater, indoor pool/spa, outdoor pool/spa, full outdoor kitchen, cabana spaces, all wrapped in the new ''mountain modern'' style." 2014 taxes: $10,906. Under Contract Date: 11/28/2016; Sold Date: 02/01/2017. (Photos and broker comments courtesy of Bowden Properties)
 
MLS #142426 - Townsite of Aspen, West End, 720 W Smuggler Street, Aspen, CO. Sold Price: $6,600,000/$1,341 sq ft; furnished. More details below photos.
Aspen real estate 020517 142426 720 W Smuggler Street 1 590W  Aspen real estate 020517 142426 720 W Smuggler Street 2 590W  Aspen real estate 020517 142426 720 W Smuggler Street 3 190H Aspen real estate 020517 142426 720 W Smuggler Street 4 190H
MLS #142426 - Townsite of Aspen, West End, 720 W Smuggler Street, Aspen, CO. Sold Price: $6,600,000/$1,341 sq ft; furnished. Asking Price: $6,995,000. (Original Price: $7,995,000 and 358 days on the market since 01/11/2016.) This is a 2001 built, 5 bedroom/5 bath/1 half-bath, 4,920 sq ft single family residence with 2 car garage on a 6,000 sq ft lot. Broker comments are "A timeless designed, well priced home in Aspen's coveted West End, with recent price reduction only $1421 per sqft. Located on the North side of the street with Aspen Mountain views and southern exposure. Home features a two car, oversized, garage accessed from the rear alley, two patios, outdoor hot tub/spa, elevator, master on entry level, office (could be en-suite fifth bedroom), temperature and humidity controlled 350 bottle wine room and new audio/visual system. Finishes include; marble and granite counter tops, knotty alder cabinetry, oak floors - a handsome home for the discerning buyer." 2015 taxes: $18,344. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/01/2016; Sold Date: 01/31/2017. (Photos and broker comments courtesy of Compass)
 
MLS #144582 - Starwood Subd. Vacant Lot, McLain Flats, Tbd Carroll Drive, Aspen, CO. Sold Price: $2,050,000. More details below photos.
Aspen real estate 020517 144582 Tbd Carroll Drive 1 590W  Aspen real estate 020517 144582 Tbd Carroll Drive 2 190H Aspen real estate 020517 144582 Tbd Carroll Drive 3 190H
MLS #144582 - Starwood Subd. Vacant Lot, McLain Flats, Tbd Carroll Drive, Aspen, CO. Sold Price: $2,050,000. Asking Price: $2,750,000. (Original Price: $2,750,000 and 219 days on the market since 05/31/2016.) This is a 4.05 acres single family vacant lot. Broker comments are "Beautiful building site in the exclusive Starwood gated community. Encompassing over 4 total acres, with a 1.4 acre activity envelope, this wooded site borders its own nearly 3 acre pasture tract insuring view protection and privacy. Portion of pasture tract may be reserved for easement." 2016 taxes: $26,748; HOA Dues: $362 per Yr. Under Contract Date: 01/17/2017; Sold Date: 01/31/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)
 
MLS #146209 - Eastwood Subd Vacant Lot, East Aspen, 310 Eastwood Drive, Aspen, CO. Sold Price: $1,635,000. More details below photos.
Aspen real estate 020517 146209 310 Eastwood Drive 1 590W  Aspen real estate 020517 146209 310 Eastwood Drive 2 590W  Aspen real estate 020517 146209 310 Eastwood Drive 3 190H Aspen real estate 020517 146209 310 Eastwood Drive 4 190H
MLS #146209 - Eastwood Sound. Vacant Lot, East Aspen, 310 Eastwood Drive, Aspen, CO. Sold Price: $1,635,000. Asking Price: $1,795,000. (Original Price: $1,795,000 and 621 days on the market since 06/27/2015.) This is a 15,142 sq ft single family vacant lot with constrained - or tight- access. Broker comments are "Fantastic Single family lot that you have been waiting for. Secluded in the woods, yet only a short walk to the core. The driveway installation is complete and all the power lines have been buried. Private access with wonderful views of Aspen Mountain and overlooking town. Renderings attached. Great development opportunity. FAR is 3185." 2015 taxes: $13,642. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/09/2017; Sold Date: 01/31/2017. (Photos and broker comments courtesy of Compass)
 
MLS #145072 - Hy-West, Central Core, 835 E Hyman Avenue E, Aspen, CO. Sold Price: $1,304,000/$1,365 sq ft; furnished. More details below photos.
Aspen real estate 020517 145072 835 E Hyman Avenue E 1 590W  Aspen real estate 020517 145072 835 E Hyman Avenue E 2 590W  Aspen real estate 020517 145072 835 E Hyman Avenue E 3 190H Aspen real estate 020517 145072 835 E Hyman Avenue E 4 190H  Aspen real estate 020517 145072 835 E Hyman Avenue E 5 190H Aspen real estate 020517 145072 835 E Hyman Avenue E 6 190H
MLS #145072 - Hy-West, Central Core, 835 E Hyman Avenue E, Aspen, CO. Sold Price: $1,304,000/$1,365 sq ft; furnished. Asking Price: $1,299,000. (Original Price: $1,299,000 and 372 days on the market since 01/21/2016.) This is a 1969 built and 2015 remodeled, 2 bedroom/2 bath, 955 sq ft condo. Broker comments are "Walk to everything from this ideally-located condominium. Only 3 blocks from the gondola, but on a quiet residential street. This light and bright 2BR is a second floor corner unit with eastern and northern exposures. Enjoy views of Smuggler and Red Mountains from the spacious deck.Great for a local owner or use as a rental property. Pets allowed! Recently remodeled, contemporary finishes, gourmet kitchen, in-unit washer and dryer. Great storage space - one ski closet on ground level, plus two secure storage closets. One assigned off-street parking space." 2016 taxes: $2,663; HOA Dues: $1,489 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/22/2016; Sold Date: 01/31/2017. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)
 
MLS #145397 - Smuggler Mobile Park, Smuggler, 228 Cottonwood Lane, Aspen, CO. Sold Price: $630,000/$735 sq ft. More details below photos.
Aspen real estate 020517 145397 228 Cottonwood Lane 1 590W  Aspen real estate 020517 145397 228 Cottonwood Lane 2 590W  Aspen real estate 020517 145397 228 Cottonwood Lane 3 190H Aspen real estate 020517 145397 228 Cottonwood Lane 4 190H  Aspen real estate 020517 145397 228 Cottonwood Lane 5 190H Aspen real estate 020517 145397 228 Cottonwood Lane 6 190H
MLS #145397 - Smuggler Mobile Park, Smuggler, 228 Cottonwood Lane, Aspen, CO. Sold Price: $630,000/$735 sq ft. Asking Price: $699,000. (Original Price: $699,000 and 185 days on the market since 07/29/2016.) This is a 1968 built, 2 bedroom/1 bath, 856 sq ft mobile home/modular on a 2,779 sq ft lot. Broker comments are "Situated perfectly in Smuggler Park - Enjoy long summer evenings and Aspen Mountain views from your back yard. This two-bedroom home sits on a desirable corner lot. Gas stove in the kitchen, wonderful light in the sitting room, you won't be disappointed! Call the office of Coldwell Banker Mason Morse Aspen to set up showings. 87 Resident Occupied homes exist in Smuggler Park Subdivision. The owner must initially offer the property to persons actually employed within the City of Aspen or Pitkin County. If, after a four-month period from the date the property is first listed for sale, there are no buyers who are employed within the City of Aspen or Pitkin County, the property may be offered for sale to any resident of Pitkin County. The purchaser must agree as a condition of the sale that they will personally occupy the property as their primary residence. The occupancy of purchaser must be approved by APCHA and the Smuggler Homeowners' Association." 2015 taxes: $1,259; HOA Dues: $323 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/01/2016; Sold Date: 01/30/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Carbondale)
 
MLS #146659 - Aspen Village, Woody Creek, 14 Aspen Village, Aspen, CO. Sold Price: $270,000/$251 sq ft; unfurnished. More details below photos.
Aspen real estate 020517 146659 14 Aspen Village 1 590W  Aspen real estate 020517 146659 14 Aspen Village 2 590W  Aspen real estate 020517 146659 14 Aspen Village 3 190H Aspen real estate 020517 146659 14 Aspen Village 4 190H  Aspen real estate 020517 146659 14 Aspen Village 5 190H Aspen real estate 020517 146659 14 Aspen Village 6 190H
MLS #146659 - Aspen Village, Woody Creek, 14 Aspen Village, Aspen, CO. Sold Price: $270,000/$251 sq ft; unfurnished. Asking Price: $275,000. (Original Price: $275,000 and 895 days on the market since 05/09/2014.) This is a 1965 built and 2016 remodeled, 2 bedroom/1 bath/1 half-bath, 1,072 sq ft single family residence on a 4,288 sq ft lot. Broker comments are "Almost totally remodeled in 2016. Desirable location close to Aspen. Open concept floor plan. Affordable 2 bedroom, 1 1/2 bathroom, 12x60, 1965 single wide mobile home plus +/- 10'x33' addition with family room & an office that could be a 3rd bedroom if a closet were added on a 4,288 sq.ft. lot. Community pool & gym. No HOA dues. In the Aspen School District & close to RFTA bus stop. Aspen Pitkin County Housing Authority(APCHA)has Deed Restricted Aspen Village to Resident Occupied(RO)-Owner occupied only. Buyer must work a minimum of 1500 hrs./yr. in the valley. There is no sale price restriction. No dogs allowed. Go to www.aspenvillage.info for the most updated Covenants and Declarations. Property is Under Contract for sale but taking back up offers." 2016 taxes: $2,591. Under Contract Date: 12/19/2016; Sold Date: 02/03/2017. (Photos and broker comments courtesy of Janet Mitchell & Co)
 
MLS #143749 - Shield O Terrac, 727 Shield O Road, Snowmass, CO. Sold Price: $750,000/$237 sq ft; unfurnished. More details below photos.
Aspen real estate 020517 143749 727 Shield O Road 1 590W  Aspen real estate 020517 143749 727 Shield O Road 2 590W  Aspen real estate 020517 143749 727 Shield O Road 3 190H Aspen real estate 020517 143749 727 Shield O Road 4 190H  Aspen real estate 020517 143749 727 Shield O Road 5 190H Aspen real estate 020517 143749 727 Shield O Road 6 190H
MLS #143749 - Shield O Terrac, 727 Shield O Road, Snowmass, CO. Sold Price: $750,000/$237 sq ft; unfurnished. Asking Price: $859,500. (Original Price: $889,000 and 280 days on the market since 04/28/2016.) This is a 1981 built and 2011 remodeled, 4 bedroom/4 bath, 3,159 sq ft single family residence with 2 car garage on 2.39 acres lot. Broker comments are "Charming 3,159 square foot log home with amazing unobstructed views of Snowmass Mountain. Located on Shield O Road in Old Snowmass, just a few miles from the Campground section of Snowmass Ski Area. Beautifully landscaped, 2 + acres with views, fenced garden, pergola and plenty of decks. The home has 4 bedrooms and 4 baths with a non-conforming apartment. Nicely done interiors with log construction, maple hardwood floors, stainless steel appliances, granite slab kitchen countertops and backsplash and a floor to ceiling custom red rock wood-burning fireplace." 2016 taxes: $3,687; HOA Dues: $1,000 per Yr(NO). Under Contract Date: 12/22/2016; Sold Date: 02/02/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby's International Realty-Snowmass Village)
 
MLS #145208 - Lazy Glen Mobile Park,  69 Lazy Glen Lot: 69, Snowmass, CO. Sold Price: $350,000/$194 sq ft; unfurnished. More details below photos.
Aspen real estate 020517 145208 69 Lazy Glen Lot 69 1 590W  Aspen real estate 020517 145208 69 Lazy Glen Lot 69 2 590W  Aspen real estate 020517 145208 69 Lazy Glen Lot 69 3 190H Aspen real estate 020517 145208 69 Lazy Glen Lot 69 4 190H  Aspen real estate 020517 145208 69 Lazy Glen Lot 69 5 190H Aspen real estate 020517 145208 69 Lazy Glen Lot 69 6 190H
MLS #145208 - Lazy Glen Mobile Park,  69 Lazy Glen Lot: 69, Snowmass, CO. Sold Price: $350,000/$194 sq ft; unfurnished. Asking Price: $350,000. (Original Price: $395,000 and 139 days on the market since 07/18/2016.) This is a 2004 built, 3 bedroom/3 bath, 1,800 sq ft single family residence on 5,666 sq ft lot. Broker comments are "Live large only 20 minutes to Aspen. 1800 sq. feet with 3 bedrooms and 3 bathrooms. This home is in excellent condition on a quiet cul de sac. Plenty of parking. Large yard. Moments away from bus stop up and down valley. Dogs allowed. Storage sheds. Deed restricted to Resident Occupied. No sale price restriction." 2016 taxes: $1,890; HOA Dues: $150 per Month. Under Contract Date: 12/11/2016; Sold Date: 01/27/2017. (Photos and broker comments courtesy of Tim Harris Real Estate)
 
MLS #145354 - Two Creeks, 1170 Two Creeks Drive, Snowmass Village, CO: Sold Price: $7,650,000/$1,405 sq ft; furnished. More details below photos.
Aspen real estate 020517 145354 1170 Two Creeks Drive 1 590W  Aspen real estate 020517 145354 1170 Two Creeks Drive 2 190H Aspen real estate 020517 145354 1170 Two Creeks Drive 3 190H  Aspen real estate 020517 145354 1170 Two Creeks Drive 4 190H Aspen real estate 020517 145354 1170 Two Creeks Drive 5 190H
MLS #145354 - Two Creeks, 1170 Two Creeks Drive, Snowmass Village, CO: Sold Price: $7,650,000/$1,405 sq ft; furnished. Asking Price: $8,500,000. (Original Price: $8,500,000 and 2,615 days on the market since 06/09/2009.) This is a 2000 built, 5 bedroom/5 bath/2 half-bath, 5,442 sq ft single family residence with 2 car garage on a 1.61 acres lot. Broker comments are "Enjoy ski-in/ski-out access from this beautiful Two Creeks Estate. This George Draper custom home features a dramatic Great Room, Gourmet Kitchen and Dining Room, Movie/Rec Room, Den/Office, Generous Porch, Patio and Outdoor Hot Tub Slopeside! 8 Fireplaces with Amazing Views, and Much, Much, More! A Must See! Fully furnished and accessorized, move-in ready!" 2016 Taxes: $26,209; HOA Dues: $1,125 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/30/2016; Sold Date: 01/30/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)
 
MLS #145730 - Timberline, 690 Carriage Way A-3e, Snowmass Village, CO: Sold Price: $755,000/$614 sq ft; furnished. More details below photos.
Aspen real estate 020517 145730 690 Carriage Way A 3e 1 590W  Aspen real estate 020517 145730 690 Carriage Way A 3e 2 590W  Aspen real estate 020517 145730 690 Carriage Way A 3e 3 190H Aspen real estate 020517 145730 690 Carriage Way A 3e 4 190H  Aspen real estate 020517 145730 690 Carriage Way A 3e 5 190H Aspen real estate 020517 145730 690 Carriage Way A 3e 6 190H
MLS #145730 - Timberline, 690 Carriage Way A-3e, Snowmass Village, CO: Sold Price: $755,000/$614 sq ft; furnished. Asking Price: $795,000. (Original Price: $795,000 and 169 days on the market since 08/18/2016.) This is a 1972 built, 3 bedroom/2 bath, 1,228 sq ft condo. Broker comments are "When a two bedroom is just not enough and a 3 bedroom is more than you want to invest, look no further than this 2 bedroom plus loft at the Timberline. Top-floor, corner location with it's own separate staircase. Enjoy the pluses of being on the top floor, no one above you, cathedral ceilings and instead of having to climb 3 flights of stairs to get to your property, you only have 1. Faces South, so nice natural light. Incredible ski access, 15 minute parking right outside for easy transport of groceries and luggage. The Timberline amenities include heated pool directly on Fanny Hill, hot tubs, work out room, shuttle service and an onsite restaurant and bar." 2016 Taxes: $2,923; HOA Dues: $1,101 per Month. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/15/2016; Sold Date: 02/03/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby's International Realty-Snowmass Village)
 
 

Recent Estin Report tweets on Aspen Real Estate

EstinAspen Mar 12 - 19, 2017 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (5) + Under Contract (27) https://t.co/lWyx0P4xuO
EstinAspen Mar 5 - 12, 2017 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (7) + Under Contract (15) https://t.co/5TEYy2PeZG
EstinAspen Feb 26 - Mar 5, 17 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (5) + Under Contract (5) https://t.co/uxoY2PQdmk
EstinAspen #AspenRealEstate and others Down in 2016 as Colorado #MountainLuxuryRealEstate Sales Decline https://t.co/ilZ7NJ4htu
EstinAspen Feb 19 - 26, 2017 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (6) + Under Contract (14) https://t.co/nAiOLqoBCn
EstinAspen Feb 12 - 19, 2017 #EstinReport: Last Week's #AspenRealEstate Sales & Stats: Closed (6) + Under Contract (11) https://t.co/LWU2jMWVYR
EstinAspen NEW! #EstinReport Historic Pace of Sales Charts by Quarter for #AspenHomes, #AspenCondos & Lots in #AspenRealEstate https://t.co/qBqWgHc0VP
EstinAspen January 2017 #EstinReport Just Released #AspenRealEstate Market Snapshot: https://t.co/6zV9Mx95YH

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 the source: "The Estin Report on Aspen Real Estate."

____________________________________________________________________________________

 

 

Tim Estin | www.EstinAspen.com | 970.309.6163 | 300 S.Spring St | Opposite the Aspen Art Museum

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