The Estin Report: November 2014 Aspen Snowmass Market Snapshot was posted on Dec 3, 14 in Current Reports.

Last week’s Aspen and Snowmass sales activity appears below. Scroll down the page for 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 search the 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, the information should be here.

Market Activity Week 49, Dec 07 – Dec 14, 2014

Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass 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.

Closed (8): MLS”s: 135912, 132490, 128355, 136973, 127665, 132143, 126481, 133046. This link is valid until 01/14/2015.

Under Contract/Pending (3): MLS’s: 128450, 135787, 132216. This link is valid until 01/14/2015.

Aspen Snowmass Solds Last Week:

MLS #135912 – Aspen, Red Mountain single family home, 446 E. Reds Road, Aspen, CO: Sold Price: $6,250,000/$1,117 sq ft furnished. More details below photos.

MLS #135912 – Aspen, Red Mountain single family home, 446 E. Reds Road, Aspen, CO: Sold Price: $6,250,000/$1,117 sq ft furnished; Asking Price: $6,650,000. (Original Price: $6,300,000 and 102 days on the market since 08/28/2014.) This is a 1985 built/1990 remodeled, 5 bedroom/4 bath/1 half bath, 5,592 sq ft single family home with 2 car garage on a 41,366 sq ft lot. Broker comments are, “Lovely family home on a secluded lot with end-of-the-road privacy on Red Mountain. Mature landscaping. Enjoy almost 5600 square feet of light and bright living space. Spacious high-ceilinged living room with large decks and wood-burning fireplace, big rustic-style kitchen with center island and granite countertops. Master bedroom features private decks and his-and-her en-suite bathroom; three other bedrooms, total of four-and-one-half baths. Two-car garage. See Listor about creating your own enclave by purchasing the house across Red’s Road.” 2013 Taxes: $11,470; HOA Dues: tbd. Under Contract Date: 11/06/2014; Sold Date: 12/08/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #132490 – Aspen, West End, Victoria Square single family home, 225 North Sixth Street, Aspen, CO: Sold Price: $5,500,000/$1,138 sq ft furnished. More details below photos.

MLS #132490 – Aspen, West End, Victoria Square single family home, 225 North Sixth Street, Aspen, CO: Sold Price: $5,500,000/$1,138 sq ft furnished; Asking Price: $5,995,000. (Original Price: $6,390,000 and 558 days on the market since 04/04/2013.) This is a 1988 built/2007 remodeled, 6 bedroom/6 bath/1 half bath, 4,833 sq ft single family home in immaculate condition with 2 car garage on a 6,011 sq ft lot. Broker comments are, ” Updated and well maintained home on a corner lot in the West End, with sunny south-facing views, 6 bedrooms, 6.5 baths, 4,833 square feet, open & spacious floor plan, dual master suites, large recreation room, wine room, big steam room, and a two car garage. Nicely furnished, beautifully landscaped and generally easy to show! The 2007 remodel included a new color composite shake roof, custom oil paint inside & out, all windows refurbished, new Brazilian redwood decking, new Sub-Zero refrigerator, 5 remote-operated ductless A/C units, addition of wine room, & conversion of recreation room. 2012 upgrades include a new on-demand hot water heater, hot water storage tank, zone valves & recirculating pump.” 2013 Taxes: $9,164; HOA Dues: $650 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/05/2014; Sold Date: 12/10/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #128355 – Aspen, West Aspen, Aspen Highlands townhouse, 64 Prospector Unit 7, Aspen, CO: Sold Price: $4,200,000/$649 sq ft furnished. More details below photos.

MLS #128355 – Aspen, West Aspen, Aspen Highlands townhouse, 64 Prospector Unit 7, Aspen, CO: Sold Price: $4,200,000/$649 sq ft furnished; Asking Price: $4,500,000. (Original Price: $5,250,000 and 693 days on the market since 01/16/2013.) This is a 2002 built, 5 bedroom/6 bath/1 half bath, 6,462 sq ft townhouse with 2 car garage. Broker comments are, “Located at the base of Aspen Highlands ski area and in the heart of Highlands Village, this is the former “model townhome” from the original developer. The welcoming open floor plan features 5 bedrooms, 6.5 baths, 6,462 square feet, soaring ceilings, large windows that frame the mountain views, upper level master suite, recreation room with wet bar, hardwood floors, granite counters, custom cabinetry, chef’s kitchen, multiple fireplaces, private hot tub & elevator, abundant storage, and an oversized two car garage. Enjoy the amenities of the adjacent Ritz-Carlton Club, which include an outdoor pool, gym, and complimentary shuttle & taxi service to downtown Aspen and the airport. Walk to dining, shopping, galleries, & skiing just outside the door.” 2013 Taxes: $24,210; HOA Dues: $33,882 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/22/2014; Sold Date: 12/10/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #136973 – Aspen, Central Core, Winterhaven condo, 527 S. West End Street Unit 2, Aspen, CO: Sold Price: $2,550,000/$1,443 sq ft furnished. More details below photos.

MLS #136973 – Aspen, Central Core, Winterhaven condo, 527 S. West End Street 2, Aspen, CO: Sold Price: $2,550,000/$1,443 sq ft furnished; Asking Price: $2,950,000. (Original Price: $2,950,000 and 85 days on the market since 09/17/2014.) Seller paid $2.25M for the unit in May 2013 and performed selective remodel. This is a 1981 built/2013 remodeled, 2 bedroom/3 bath, 1,767 sq ft condo in 3 unit small condo complex. Broker comments are, “Fabulous condo with almost 1,800 square feet on one level. Three blocks to the Gondola and downtown Aspen. Two gracious bedrooms with en suite baths and open den/office with third bath. Beautiful light with south face. Aging exterior building but other two owners are working on updating.” 2013 Taxes: $4,185; HOA Dues: $2,660 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/10/2014; Sold Date: 12/11/2014. (Photos and broker comments courtesy of Lorrie B Aspen.)

MLS #127665 – Aspen, Central Core, Chateau Roaring Fork condo, 1039 E. Cooper Avenue 4, Aspen, CO: Sold Price: $1,290,000/$1,141 sq ft furnished. More details below photos.

MLS #127665 – Aspen, Central Core, Chateau Roaring Fork condo, 1039 E. Cooper Avenue 4, Aspen, CO: Sold Price: $1,290,000/$1,141 sq ft furnished; Asking Price: $1,399,000. (Original Price: $1,699,000 and 771 days on the market since 11/01/2012.) This is a 1969 built/2012 remodeled, 3 bedroom/2 bath, 1,130 sq ft condo. Nice sized unit with vaulted ceilings but proximity to E. Cooper /Hyw 82 trumped the river front location. The perceived negative road impact and price were the reasons for the protracted selling period. Broker comments are, “Newly remodeled in 2012, This top floor 3 bedroom 2 bath corner unit, is situated along the banks of the Roaring Fork River and only four blocks to the Aspen gondola and walking distance to Aspen’s shops and restaurants. The kitchen features new cabinets, travertine floors and granite counter tops. Cozy up next to your wood burning fireplace or sit on your deck and enjoy the sounds and views of the river. The complex offers on site parking, outdoor pool and 3 hot tubs, a conference center, and easy access to skiing via town shuttles. Owners are allowed 1 pet (either 1 dog or 1 cat). See docs for disclosures, HOA docs and inventory list.” 2013 Taxes: $2,987; HOA Dues: $2,855 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/09/2014; Sold Date: 12/02/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #132143 – Aspen, Central Core, East Addition commercial, 100 S. Spring Street, Aspen, CO: Sold Price: $2,690,000/$881 sq ft. More details below photos.

MLS #132143 – Aspen, Central Core, East Addition commercial, 100 S. Spring Street, Aspen, CO: Sold Price: $2,690,000/$881 sq ft; Asking Price: $2,995,000. (Original Price: $2,995,000 and 391 days on the market since 11/18/2013.) This is a 1980 built, 3,051 sq ft commercial building on a 3,000 sq ft lot. The building has housed Neil Ross’s American Family Insurance business since 1980. The property has been on the market for years starting in 2006, originally asking near $6M, as a for-sale-by-owner,. The buyer is a NYC art gallery owner who, according to an Aspen Times article, wants to expand with an Aspen presence. Broker comments are, “This well-located corner hasn’t traded hands in 35 years. Mixed-use zoning allows for a variety of residential and commercial uses. Fabulous views of Aspen Mountain. The existing building is condominiumized into 5 separate units (4 office spaces and a deed-restricted studio apartment). 4+ parking spaces accessed behind the building. Purchase the entire property or see other MLS listings for specific units available separately.” 2013 Taxes: $11,804. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/14/2014; Sold Date: 12/08/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #126481 – Snowmass Village, Two Creeks single family lot, 151 Blue Spruce Lane, Snowmass Village, CO: Sold Price: $4,000,000. More details below photos.

MLS #126481 – Snowmass Village, Two Creeks single family lot, 151 Blue Spruce Lane, Snowmass Village, CO: Sold Price: $4,000,000; Asking Price: $5,250,000. (Original Price: $5,250,000 and 875 days on the market since 07/18/2012.) This is an 89,734 sq ft single family lot in the Two Creeks subdivision, one of the newer and elite SMV neighborhoods near the Two Creeks lift. Broker comments are, ” A rare offering – a flat lot in the coveted Two Creeks Subdivision with easy ski access across Blue Spruce onto the Cascade Trail and a stream on the west part of the lot. Design your dream ski home and take advantage of views towards the Continental Divide and short drive to Owl Creek Road.” 2013 Taxes: $41,179; HOA Dues: $912 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/10/2014; Sold Date: 12/10/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #133046 – Snowmass Village, Enclave condo, 360 Wood Road #212, Snowmass Village, CO: Sold Price: $625,000/$576 sq ft furnished. More details below photos.

MLS #133046 – Snowmass Village, Enclave condo, 360 Wood Road #212, Snowmass Village, CO: Sold Price: $625,000/$576 sq ft furnished; Asking Price: $695,000. (Original Price: $695,000 and 294 days on the market since 02/23/2014.) This is a 1980 built/2012 remodeled, 2 bedroom/2 bath, 1,084 sq ft condo. The Enclave is a slopeside, but more private, Snowmass condo complex. Broker comments are, “Sunny and beautiful property with views directly up gondola and Funnel Trail. Watch skiers all day. Upgraded kitchen and baths, all new accessories and bedding. Ski locker adjacent, and another locker at point of bldg where Funnel and Assay Hill trails are accessed. Shows delightfully – non-rental, so can be shown any time. We will stage for you. Just a few small things excluded.” 2013 Taxes: $2,884; HOA Dues: $18,818 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/26/2014; Sold Date: 12/12/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

Tim Estin welcomes your business, inquiries and comments. Call him at 970.309.6163 or email him from the Contact Page. Subscribe to The Estin Report and blog on twitter @EstinAspen by clicking “Join the conversation” button below or click one of the different subscription options in banner at the top of page:

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 email. The Estin Report is copyrighted 2014 and all rights reserved. Use is permitted subject to the following attribution with an active link to the source: “The Estin Report on Aspen real estate.”

_______________________________________