Two new large downtown Aspen penthouse listings came on the market this morning in the $6,000-$6,500 sq ft range (#155002, 154990).  There’s been one* sale over $5,000 sq ft –  $16M/$5,318 sq ft for a single unfinished 3,009 sq ft white-box penthouse unit.  That property, the Dancing Bear Penthouse, was re-listed at $29M/$9,953 sq ft on Dec. 2016. The DB Penthouse is the most expensive Aspen property for sale on a price per sq ft basis.

ESTIN REPORT: DOWNTOWN ASPEN CORE
PENTHOUSE MARKET ACTIVITY 2011-PRESENT –
penthouse sales comparisons spreadsheet with notes:

New Aspen Penthouse listings today: #155002, 154990
Follow this link to see the two new PH listings  
This link is valid until 8/2/2018.

630 E Hyman Avenue 301 – across the street from Aspen Art Museum #155002
3 Bdrm/3 ba/2 Hba, 4,742 sq ft, 2-car private garage.
Ask: $29,000,000/$6,115.56

405 S Monarch Street 303 – Monarch on the Park PH #154990
3 bdrms/4.5 ba 3,429 sq ft,  2 car garage inside the underground parking garage
Ask: $21,950,000/$6,401.28 sf

26 Penthouses market activity since 2011 This link is valid until 8/2/2018.

*Dancing Bear Residences Penthouse = MLS #’S 146885 – 146893 Downtown Aspen Price per Sq Ft Record: Single penthouse unit with 8 fractional 6-week time period interests at 219 E. Durant Ave (Corner of Monarch and Durant), Aspen, CO closed 12/05/16 at $16M/$5,318 sq ft for a single unfinished 3,009 sq ft white-box penthouse unit with 3,415 sq ft of deck/patio wraparound outdoor space. The 8 fractional shares sold at $2M ea. The property was re-listed on 01/17/16 at $29M/$9,953 sq ft (See MLS 147270)or about $10,000 per sq ft for all 8 shares…one floor, one unit, 2-car parking spots in the in-town garage…one of a kind.

Dancing Bear Penthouse Aspen CO Penthouse Condo for Sale:

 

Muse Penthouse: 625 E Hyman #301 – sold 11/20/14  at $15.8M/$3,127 sq ft – The “Muse Penthouse” space was finished out but NOT furnished at sale. Buyers performed gut remodel after purchase.

Link to article on this sale and the purchase of view air rights and downtown penthouses by Carolyn Sackariason Dec 5, 2014 ADN
See Estin Report weekly blog: Nov 16-23, 2014

Muse Penthouse Description: When one speaks of “irreplaceable” the Muse Building is what they mean. Never again will a downtown Aspen property comprise all of the attributes as those found here. It takes thoughtful foresight to envision a property so well suited to the downtown environment, yet so well appointed that it compares to none other. Enlisting the talents of architects Ike Kligerman Barkley, the design team left no detail to chance. Adorned with exquisite finishes & furnishings, the practical & inviting floor plan flows from opulent living spaces to an inviting roof top deck and back again, all while solely focused on enhancing the sublime living experience through meticulous attention to detail. Yes, there are other Aspen penthouses, but there is nothing like the Muse Penthouse.

5,053 livable heated square feet with 4 bedrooms and 4.5 plus 4,451 square feet of decks & patios / Rooftop deck with heated pool and unobstructed views of Aspen Mountain / Private patio & deck on the main level capturing the sights & sounds of downtown / The latest Savant technology for controlling security, climate, window coverings, lights, audio and video / The finest finishes of mahogany windows & doors; fumed oak trim, walls & paneling; white oak floors; Diamond plaster walls; custom lacquered cabinetry; Waterworks fixtures; unique stone & tile

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