Dec 16 – 23, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (15) + Under Contract / Pending (5).

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 soon. 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: Dec 16 – 23, 2018 Aspen CO real estate market activity, Week 50

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 (14):  MLS#s: 145755, 145756, 150338, 152236, 152245, 152247, 152256, 152258, 154529, 155603, 156532, 156626, 156646, 156892, 156645. This link is valid until 1/22/2018.

Under Contract/Pending (5): MLS#s: 144658, 156970, 156995, 157113, 157167. This link is valid until 1/22/2018.

Sold Properties Last Week:

MLS #145755 – Central Core, 333 S Second Street Homesite #1 & #2, Vacant Land/Lots for Sale, Aspen, CO: Sold Price: $9,550,000. More details below photos.

MLS #145755 – Central Core, 333 S Second Street Homesite #1 & #2, Aspen, CO, Two Aspen Vacant Lots, Sold Price: $9,550,000. Aspen lots for sale. Ask Price: $11,150,000. (Original Price: $6,900,000 and 821 days on the market since 08/23/2016.) This is a 39,262 sq ft single family Aspen vacant lots for sale. Broker comments are “Nearly one acre, Homesite #1 is perched on a unique condominiumized parcel on the mountain side of town. Combined with Homesite #2 (see MLS #145756), this two-home scenario sets up perfectly for a special gated family compound or for a group looking to develop multiple single family homes within walking distance of everything. Due to its county location, significant mitigation and permit savings are realized by using the included, well considered, and Approved plans by RO|Rockett Design for the two homes as well as for the improvement & beautification of the driveway access to be installed at the end of S. Second Street. With approved allowances of 6,300 square feet above grade, 4,000 square feet below grade and a 750 square foot garage, the potential development of Homesite #1 offers plentiful options and the plans can be adjusted to satisfy individual needs. With approved allowances of 3,000 square feet above grade, 2,500 square feet below and a 750 square foot garage, the potential development of Homesite #2 also offers plentiful options and the plans can be adjusted to satisfy individual needs. Just blocks from the central core and the Aspen Mountain Gondola, the views from Little Cloud offer a perspective rarely seen from a singular vantage point incorporating Independence Pass, Red Mountain, and downtown Aspen.” HOA Dues: TBD. Under Contract Date: 08/17/2018; Sold Date: 12/20/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #145756 – Little Cloud, Central Core, 333 S Second Street Homesite #2, Aspen, CO: Sold Price: $3,250,000. More details below photos.

MLS #145756 – Little Cloud, Central Core, 333 S Second Street Homesite #2, Aspen, CO: Sold Price: $3,250,000. Aspen lots for sale. Ask Price: $4,250,000. (Original Price: $4,900,000 and 315 days on the market since 08/23/2016.) This is a 39,262 sq ft single family vacant lot. Broker comments are “Nearly one acre, Homesite #2 is perched on a unique condominiumized parcel on the mountain side of town. If combined with Homesite #1 (see MLS #145755), this two-home scenario sets up perfectly for a special gated family compound or for a group looking to develop multiple single family homes within walking distance of everything. If developed on its own, the attributes are every bit as attractive. Due to its county location, significant mitigation and permit savings are realized by using the included, well considered, and Approved plans by RO|Rockett Design for the two homes as well as for the improvement & beautification of the driveway access to be installed at the end of S. Second Street. With approved allowances of 3,000 square feet above grade, 2,500 square feet below and a 750 square foot garage, the potential development of Homesite #2 offers plentiful options and the plans can be adjusted to satisfy individual needs. Just blocks from the central core and the Aspen Mountain Gondola, the views from Little Cloud offer a perspective rarely seen from a singular vantage point incorporating Independence Pass, Red Mountain, and downtown Aspen.” HOA Dues: TBD. Under Contract Date: 08/23/2018; Sold Date: 12/20/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #150338 – West Aspen, 725 Cemetery Lane, Aspen, CO; Redevelopment Opportunity; Sold Price: $4,100,000/$386 sq ft. More details below photo.

MLS #150338 – West Aspen, 725 Cemetery Lane, Aspen, CO; Redevelopment Opportunity; Sold Price: $4,100,000/$386 sq ft. Aspen duplex/half-duplex for sale. Ask Price: $4,995,000. (Original Price: $6,349,995 and 834 days on the market since 04/14/2016.) This is a 1959 built and 2016 remodeled, 9 bedroom/4 bath, 10,617 sq ft duplex/half-duplex on a 39,704 sq ft lot. Broker comments are “Largest and best developement opportunity in Aspen. Multiple building options for 1,2,3 or 4 units. FAR approximatly 10,161.72 Sq.Ft. Existing consists of 2 half duplexes each with 3 bedrooms and 2 baths. Rent while you plan to redevelop.” 2016 taxes: $4,680. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/11/2018; Sold Date: 12/18/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #156646 – Queen Victoria Condominiums, Central Core, 916 E Hopkins Avenue 204, Aspen, CO: Sold Price: $1,995,000/$1,918 sq ft; furnished. More details below photos.

MLS #156646 – Queen Victoria Condominiums, Central Core, 916 E Hopkins Avenue 204, Aspen, CO: Sold Price: $1,995,000/$1,918 sq ft; furnished. Aspen condos for sale. Ask Price: $1,995,000. (Original Price: $1,995,000 and 50 days on the market since 10/30/2018.) This is a 1972 built and 2014 remodeled, 3 bedroom/2 bath, 1,040 sq ft condo. Broker comments are “Enjoy the convenience of the core and the tranquility of being above the bank of the Roaring Fork River in this contemporary condo. Located on the second floor, this 3 bedroom, 2 bath unit was remodeled in 2014. The private deck off the living room and the master bedroom overlook the river. This peaceful setting offers views towards Red Mountain and Smuggler while being just a few blocks from the Silver Queen Gondola.” 2017 taxes: $4,053; HOA Dues: $6,304. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/06/2018; Sold Date: 12/19/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #154529 – Shadow Mountain Village Condos, Central Core, 809 S Aspen Street 17, Aspen, CO: Sold Price: $1,800,000/$1,914 sq ft; partially furnished. More details below photos.

MLS #154529 – Shadow Mountain Village Condos, Central Core, 809 S Aspen Street 17, Aspen, CO: Sold Price: $1,800,000/$1,914 sq ft; partially furnished. Aspen condos for sale. Ask Price: $1,975,000. (Original Price: $1,975,000 and 497 days on the market since 07/18/2016.) This is a 1970 built and 2013 remodeled, 2 bedroom/2 bath/2 3/4-bath, 940 sq ft condo. Broker comments are “It all began here – the historic Lift One, installed on Aspen Mountain in 1946. Once the longest ski lift on the planet, Lift One transformed Aspen into an iconic ski resort that grew into one of the most coveted in the world. When the lift opened, Aspen’s population was 800 and 2,000 came to experience the lift! That popularity continues. Shadow Mountain Village still captivates the most stunning views all of Aspen and is located in the heart of the redevelopment of the Lift One area. It is also considered one of the top ten premier ski in/ski out locations on Ajax. Currently, this area is being redeveloped into its glory days of the past. The original Lift One will be moved down to Dean Street continuing to afford Shadow Mountain Village 17 easy ski out access along with ski in.” 2017 taxes: $2,965; HOA Dues: $4,700 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/17/2018; Sold Date: 12/21/2018. (Photos and broker comments courtesy of Engel & Volkers)

MLS #156892 – Aspen Square Condos, Central Core, 617 E Cooper Avenue 324, Aspen, CO: Sold Price: $840,000/$1,693 sq ft; furnished. More details below photos.

MLS #156892 – Aspen Square Condos, Central Core, 617 E Cooper Avenue 324, Aspen, CO: Sold Price: $840,000/$1,693 sq ft; furnished. Aspen condos for sale. Ask Price: $879,000. (Original Price: $879,000 and 43 days on the market since 11/01/2018.) This is a 1969 built, studio/1 bath, 496 sq ft condo. Broker comments are “Aspen’s best downtown location! Enjoy views of Smuggler Mountain, Hunter Creek Valley and Red Mountain from this remodeled Aspen Square fireside studio. Warm up next to the wood-burning fireplace with whitewashed brick and granite hearth after walking home across the street from skiing or snowboarding Aspen Mountain. The upgraded u-shaped kitchen layout with stainless appliances and bar is perfect for cooking and entertaining. The tub/shower with glass shower enclosure is versatile for owners and guests. Leave your personal skis, boots and gear in the in-unit lock-off owner storage. Strong rental history as provided by Aspen Square Mgmt. A pullout sofa offers additional options for families and friends. Excellent amenities include pool, hot tubs, courtyard fire pit, elevator, meeting room, gym, concierge, daily housekeeping and garage parking. Watch the Fourth of July Parade from your private third floor patio. Aspen Square is the place to be in downtown Aspen.” 2018 taxes: $1,572; HOA Dues: $19,761. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/21/2018; Sold Date: 12/14/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #156645 – Original Curve Condominiums, Central Core, 725 E Main Street 304, Aspen, CO: Sold Price: $448,000/$1,280 sq ft; unfurnished. More details below photos.

MLS #156645 – Original Curve Condominiums, Central Core, 725 E Main Street 304, Aspen, CO: Sold Price: $448,000/$1,280 sq ft; unfurnished. Aspen condos for sale. Ask Price: $480,000. (Original Price: $480,000 and 46 days on the market since 10/29/2018.) This is a 1970 built, studio/1 bath, 350 sq ft condo. Broker comments are “Convenient downtown Aspen studio. Walk everywhere. Ideal for local owner or as a rental property. Light and bright with lots of storage.” 2017 taxes: $1,004; HOA Dues: $825 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/10/2018; Sold Date: 12/19/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #152236 – Base Village, 61 Wood Road 02, Snowmass Village, CO: Sold Price: $3,300,000/$1,652 sq ft; unfurnished. More details below photos.

MLS #152236 – Base Village, 61 Wood Road 02, Snowmass Village, CO: Sold Price: $3,300,000/$1,652 sq ft; unfurnished. Snowmass Village condos for sale. Ask Price: $3,300,000. (Original Price: $3,300,000 and 335 days on the market since 01/16/2018.) This is a 2018 built, 3 bedrooom/3 bath, 1,997 sq ft condo. Broker comments are “LUMIN – Snowmass Spacious three-bedroom and three-bathroom residence Window walls running the length of the kitchen and great room showcase the dramatic mountain views Centerpiece kitchen island perfect for entertaining Contemporary European appliances by Gaggenau Large dining room table area adjacent to the kitchen Master bedroom suite with five fixture master bathroom Large master walk-in closet for all of your outdoor clothing storage Outdoor deck off guest bedrooms featuring views of the plaza and ice rink Direct elevator access Entryway with bench seating and storage Steps from plaza and Elk Camp Gondola.” 2018 taxes: $24,189; HOA Dues: $50,131 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/08/2018; Sold Date: 12/17/2018. (Photos and broker comments courtesy of SV Real Estate)

MLS #156626 – Viceroy Condo Hotel – Base Village, 130 Wood Road 601, Snowmass Village, CO: Sold Price: $3,050,000/$1,395 sq ft; furnished. More details below photos.

MLS #156626 – Viceroy Condo Hotel – Base Village, 130 Wood Road 601, Snowmass Village, CO: Sold Price: $3,050,000/$1,395 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $3,050,000. (Original Price: $3,050,000 and 49 days on the market since 10/29/2018.) This is a 2009 built, 3 bedrooom/3 bath, 2,185 sq ft condo. Broker comments are “This elegant home features sweeping valley views, premium appliances, a cozy fireplace, private outdoor space, and exclusive access to the finest amenities and personal services available in Snowmass. Amenities include ski valet, valet parking, full service spa, fitness center, pool, on-site restaurant and cafe, bike storage. Utilities, transportation, parking, and owner storage are fully included in carry costs. This stylish residence comes fully furnished and has been remodeled to uniquely high standards. This property is located in a world class ski-in, ski-out resort community, steps away from the new Snowmass Base Village Plaza which features countless activities and dining options.” 2017 taxes: $22,356; HOA Dues: $57,269. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/29/2018; Sold Date: 12/17/2018. (Photos and broker comments courtesy of SV Real Estate)

MLS #152258 – Base Village/Limelight, 65 Wood Road 333, Snowmass Village, CO: Sold Price: $2,950,000/$1,122 sq ft; unfurnished. More details below photos.

MLS #152258 – Base Village/Limelight, 65 Wood Road 333, Snowmass Village, CO: Sold Price: $2,950,000/$1,122 sq ft; unfurnished. Snowmass Village condos for sale. Ask Price: $2,950,000. (Original Price: $2,950,000 and 332 days on the market since 01/16/2018.) This is a 2018 built, 3 bedrooom/3 bath, 2,627 sq ft condo. Broker comments are “Only eleven lucky families will call the Limelight Residences Snowmass home. Corner three-bedroom residence with large window walls in kitchen and living room to bring the outdoors in. Gaggenau kitchen appliances— the finest in contemporary European styling. Center kitchen island in Caesarstone. Room for a large dining table, perfect for family gatherings. Spacious great room with white marble fireplace surround and large outdoor deck. Master bedroom with cozy fireplace and outdoor deck. Luxurious five-fixture master bath. Large master walk-in closet and owner storage.” 2018 taxes: $21,623; HOA Dues: $47,001 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/22/2018; Sold Date: 12/14/2018. (Photos and broker comments courtesy of SV Real Estate)

MLS #152256 – Base Village/Limelight, 65 Wood Road 233, Snowmass Village, CO: Sold Price: $2,595,000/$987 sq ft. More details below photos.

MLS #152256 – Base Village/Limelight, 65 Wood Road 233, Snowmass Village, CO: Sold Price: $2,595,000/$987 sq ft. Snowmass Village condos for sale. Ask Price: $2,595,000. (Original Price: $2,595,000 and 332 days on the market since 01/16/2018.) This is a 2018 built, 3 bedrooom/3 bath, 2,627 sq ft condo. Broker comments are “Only eleven lucky families will call the Limelight Residences Snowmass home. Corner three-bedroom residence with mountain views toward Elk Camp and gondola. Gaggenau kitchen appliances—the finest in contemporary European styling. Center kitchen island in Caesarstone Room for a large dining table perfect for family gatherings. Spacious great room with white marble fireplace surround and large outdoor deck. Master bedroom with cozy fireplace and outdoor deck. Luxurious five-fixture master bath. Large master bedroom walk-in closet and owner storage.” 2018 taxes: $19,021; HOA Dues: $47,001 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/27/2018; Sold Date: 12/14/2018. (Photos and broker comments courtesy of SV Real Estate)

MLS #152245 – Base Village/Limelight, 65 Wood Road 503, Snowmass Village, CO: Sold Price: $1,875,000/$1,358 sq ft; unfurnished. More details below photos.

MLS #152245 – Base Village/Limelight, 65 Wood Road 503, Snowmass Village, CO: Sold Price: $1,875,000/$1,358 sq ft; unfurnished. Snowmass Village condos for sale. Ask Price: $1,875,000. (Original Price: $1,875,000 and 335 days on the market since 01/16/2018.) This is a 2018 built, 2 bedrooom/2 bath, 1,380 sq ft condo. Broker comments are “Only eleven lucky families will call the Limelight Residences Snowmass home. Two-bedroom residence featuring a lock-off bedroom with its own deck Expansive mountain views throughout, with three large decks running across all the living areas Gaggenau kitchen appliances—the finest in contemporary European styling Center kitchen island in Caesarstone with adjoining dining room table perfect for entertaining Great room that features a cozy white marble fireplace surround with custom wood cabinetry providing ample storage Master bedroom suite with cozy fireplace and private outdoor deck.” 2018 taxes: $13,744; HOA Dues: $25,034 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/17/2018; Sold Date: 12/17/2018. (Photos and broker comments courtesy of SV Real Estate)

MLS #152247 – Base Village/Limelight, 65 Wood Road 504, Snowmass Village, CO: Sold Price: $1,775,000/$1,298 sq ft; unfurnished. More details below photos.

MLS #152247 – Base Village/Limelight, 65 Wood Road 504, Snowmass Village, CO: Sold Price: $1,775,000/$1,298 sq ft; unfurnished. Snowmass Village condos for sale. Ask Price: $1,775,000. (Original Price: $1,775,000 and 335 days on the market since 01/16/2018.) This is a 2018 built, 2 bedrooom/2 bath, 1,367 sq ft condo. Broker comments are “Only eleven lucky families will call the Limelight Residences Snowmass home. Two-bedroom residence featuring a lock-off guest bedroom Large outdoor deck off the great room and master bedroom Gaggenau kitchen appliances—the finest in contemporary European styling Great room that features a cozy white marble fireplace surround with custom wood cabinetry providing ample storage Center kitchen island in Caesarstone with adjoining dining room table perfect for entertaining Master bedroom suite with cozy fireplace.” 2018 taxes: $13,011; HOA Dues: $24,452 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/16/2018; Sold Date: 12/17/2018. (Photos and broker comments courtesy of SV Real Estate)

MLS #155603 – Stonebridge Condos, 30 Anderson Lane 721, Snowmass Village, CO: Sold Price: $660,000/$556 sq ft. More details below photos.

MLS #155603 – Stonebridge Condos, 30 Anderson Lane 721, Snowmass Village, CO: Sold Price: $660,000/$556 sq ft. Snowmass Village condos for sale. Ask Price: $698,000. (Original Price: $698,000 and 130 days on the market since 08/09/2018.) This is a 1969 built and 2014 remodeled, 2 bedrooom/2 bath/1 loft, 1,185 sq ft condo. Broker comments are “Ski in -ski out 2 bedroom 2 bath fully remodeled new kitchen and baths,Top floor corner unit with high ceilings and magnificent views, totally renovated and refurbished in fall of 2014. Beautiful new kitchen with granite counters and custom cabinets, New bath with walk-in shower and heated bathroom floors. Extras include sauna,laundry,dedicated covered parking space and large storage room closet.” 2017 taxes: $2,819; HOA Dues: $16,235. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/20/2018; Sold Date: 12/17/2018. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #156532 – Aspen Village Mobile Park, Woody Creek, 56 Aspen Village, Aspen, CO: Sold Price: $362,000/$464 sq ft; unfurnished. More details below photos.

MLS #156532 – Aspen Village Mobile Park, Woody Creek, 56 Aspen Village, Aspen, CO: Sold Price: $362,000/$464 sq ft; unfurnished. Aspen homes for sale. Ask Price: $374,000. (Original Price: $374,000 and 62 days on the market since 10/19/2018.) This is a 1991 built, 2 bedroom/1 bath, 780 sq ft single family home with 1 car garage on a 2,828 sq ft lot. Broker comments are “Don’t miss out on this wonderful home. Located in the Aspen School District. Bright and Cozy, fantastic feeling with so many wonderful features. Lovely remodel, the past owner was a stone masonry, the bonuses added are, a fabulous brick wall in the living-room area, artistic tile as you enter the home & a charming flagstone patio outside, great for entertaining. The kitchen is spacious with a bright sunny alcove for you to sit at your table and enjoy a morning cup of coffee while watching the sun rise over the mountains. The master bedroom is generous in size with tall ceilings. Great landscaping. Plus, a garage, (which are not allowed to be built anymore) & a separate storage unit.” 2018 taxes: $2,530. Under Contract Date: 10/26/2018; Sold Date: 12/20/2018. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Basalt)

____________________________________________